Sharing the learning
The EOA conference provides a rare opportunity to discover how other employee-owned companies operate.
A standout example was “Behind the Boardroom Door”, an interactive simulation of an EOT trust board meeting. It was fascinating to see how other trusts handle decision-making, and to learn that we share many of the same challenges. For example, effective governance is key to avoiding “role creep”, where trustees take on day-to-day operational responsibilities that should be managed by company directors.
Alicja believes Rubric manages this well, with clear lines of responsibility to avoid conflicts of interest:
“I was reassured that Rubric has very good governance in place, where the role of the management and the EOT trustees is clearly defined.”
It was also inspiring to hear from companies with a long history of employee ownership, such as department store John Lewis, where consistent culture and behaviors are evident from the boardroom right through to the shop floor.
And if you want to learn from the best, the UK Employee Ownership Awards are a good place to start. Celebrating the achievements of employee-owned companies—from successful transitions to lasting impacts—this recognition is something for Rubric to aspire to in the future.
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