Tuesday, October 23, 2012


Vubiz Launches Employee Share Ownership Plan 


Vubiz ELearning is excited to announce new online courses covering a significant issue for today’s businesses: Employee Share Ownership Plans.
Current studies consistently prove that employees become more motivated and more fulfilled in their employment positions when they take on the accountability of being part-owners. ESOPs provide a viable remedy to today’s media barrage highlighting a discontent and frustrated workforce. Successful companies must have engaged workers to compete in today’s highly volatile business climate. Engagement means commitment which translates to increased profits not only for business owners, but also for employees in companies with an ESOP.
Vubiz has created three new programs covering this important issue: The Fundamentals of Employee Share Ownership Plans for Owners; The Fundamentals of ESOP for Advisers; The Fundamentals of Ownership Thinking.
The Fundamentals of Ownership Thinking module explores how successful companies can create an engaged and committed workforce through employee ownership. Ownership Thinking was created over 16 years ago by Brad Hams, a master at creating and sustaining business cultures of excellence. As with all great ideas, its very simplicity makes the methodology accepted and implemented by over 2000 companies around the world. The Fundamentals of Ownership Thinking module will explain the importance of ending cultures of workplace “entitlement” while taking the learner through this exciting and revolutionary model. Components of Ownership Thinking Module include: Scoreboards; Rapid Improvement Plans; Key Performance Indicators (both lagging and leading); Huddles.
The Fundamentals of ESOP for Owners module is a must for owners looking to increase profits and build a legacy. This 60-minute module takes learners through an interactive journey of explaining what an ESOP is, why an owner should consider establishing an ESOP, how an owner can begin a path towards ESOP implementation, and who is a good ESOP candidate. Overall, this module gives a fundamental level of understanding as to why ESOPs are being adopted by successful business enterprises.
The Fundamentals of ESOP for Advisers is also one hour and takes learners through an interactive journey of explaining what an ESOP is, why an owner should consider establishing an ESOP, how an owner can begin a path towards ESOP implementation, why ESOPs help owners with their exit strategies and who is a good ESOP candidate. This module is geared towards advisers.
Perry Phillips, a Canadian leader in Employee Share Ownership Plans, met Brad Hams (Ownership Thinking) in 2010 at the NCEO conference in Oakland California; the world’s largest provider of ESOP research and conferences in the world.
Upon hearing Brad speak about the Ownership Thinking methodology, Perry immediately saw the potential for all of his business clients—both those who were engaged in ESOPs and those who were not. Perry conducted extensive research on the methodology and watched Brad speak to business owners about the importance of ESOPs. After completing an extensive certification course to become an Ownership Thinking facilitator, Perry purchased the exclusive rights to Ownership Thinking in Canada. His business and those of his clients have been growing ever since. Perry is President of ESOP Builders Inc., Ownership Thinking Canada and Phillips Valuations and has over 35 years of experience in the area of ESOPs.