What can a company owner do if there is no successor in sight, and no option for a merger or selling the company?
The solution is collective leadership and self-organization: the employees take over the company and successfully carry it forward.
This solution has two major advantages:
- The value creation, the jobs and the financial capital are retained, and all the stakeholders win. The employees are happier as they develop their own “dream company” and fully develop their own potential. From this, the customers benefit directly. The success also pays off financially, from which also the (former) owner benefits.
- As a result of increased self-organization and self-responsibility, the company becomes even more efficient, more agile, innovative, more responsive and thus more competitive (see «Next Generation Organization»)
The transformation process, however, is a major challenge for everybody. Deep cultural patterns, decade-old structures, and deep-seated processes must be changed.
We have the expertise, experience and passion to successfully transform owner-led companies into collectively managed organizations.