Why stop at Employee Ownership?
Ed Mayo, Secretary General of national trade body Co-operatives UK believes business leaders and decision makers should give employees more than just ‘some’ of a company to control.
“I am pleased to see proposals for Blackwell bookshops to become employee owned, and Vince Cable’s ideas about employees having an ownership stake in Royal Mail are to be welcomed,” said Ed.
“But why stop at giving employees just some of the company to control? A co-operative, wholly owned by its employees and with a proven business structure, has a distinct advantage in terms of democratic management style and workers having an equal stake in the business.
“During the election campaign we saw all the main parties committing themselves to a meaningful role for co-operatives. However, we don’t need any special funding or pleading to make it happen, just the willingness to see the co-operative alternative as a real business-driven solution to economic and social needs.”
