Friday 3rd July is the third Employee Owners Day and to mark this important day in the employee owned world, 3BM’s Managing Director, Andy Rennison, attended the launch of the preliminary findings of an interim research paper, published by the Chartered Management Institute (CMI) and MoralDNA™. The report details that Employee owned firms are leading the way when it comes to ethics and management culture, with more democratic management cultures, high levels of employee motivation and a longer-term approach to business decisions. Supported by eaga Trust and Fieldfisher, the report was discussed at a roundtable event on employee ownership, better performance and good management and how they interact, hosted by Graeme Nuttall, OBE.
The paper features data from 14 employee owned businesses, with 829 responses being collated. 3BM’s Managing Director, Andy Rennison is part of the roundtable discussion and said “3BM are proud to have been part of the sample studying Moral DNA on the impact of employee ownership to company approaches and look forward to seeing the detailed report in September.” The interim paper can be downloaded from www.managers.org.uk/moraldna
3BM also celebrated this year’s EO day by hosting a Strawberry Tea morning for Breast Cancer Care, with partners and associates either making or donating cakes and taking time out of their busy schedules to mark the significance that employee ownership brings to businesses. Andy said, “The empowerment it brings has made a real difference to the way we operate. Everyone uses their voice and makes a real difference in shaping our business moving forward.” The two events were co-hosted to bring together partners across the business, to share with each other what employee ownership means and to help raise money for a very worthwhile cause. The event was hosted at Addison Primary School, where 3BM’s Head Offices are based, with the school enjoying the cakes too, helping raise even more funds.
3BM and our partner Prospects are very honoured to be part of the Employee Owned sector and wish all other employee owned companies a very Happy EO day 2015!