To mark Employee Ownership Day #eoday we’ve prepared a guide to how businesses can include employee ownership as part of their recovery strategy
Employee ownership and business recovery
A 20.4% reduction in UK GDP in April 2020 shows the depth of economic damage caused by Covid-19, with few UK businesses having avoided a significant impact.
As our lockdown restrictions are lifted, if you are a business owner or leader contemplating the future you’ll be asking what you can do to maximise recovery prospects.
Clearly the answer has several facets. We believe for many businesses one of these to be employee ownership, creating renewed purpose, resourcefulness and incentive and the potential to build a more resilient business.