Inside an EOT Success Story: From Handover to Ownership with Caroline Summers
Manage episode 493442861 series 3669463
What really happens after a business becomes employee-owned?
In this insightful episode, Caroline Summers, CEO of PBShop β a successful book distribution company β shares her five-and-a-half-year journey through an Employee Ownership Trust (EOT) transition. From renegotiating a sky-high valuation to building a culture of ownership among long-serving staff, Caroline walks us through the highs, the hard truths, and the powerful lessons learned.
π‘ βWe had to teach everyone how the business really works β warts and all β because now theyβre owners too.β
Tune in to learn:
β
How to navigate valuation in a fast-changing market
β
Why employee engagement is key to a successful EOT
β
The role of governance and employee councils in employee-owned businesses
Whether you're preparing your business for sale, exploring succession planning, or just curious about EOTs, this episode is packed with practical advice and inspiring leadership.
177 episodes