CANVAS - Family & Alternative Owned Business - Spring 2017 - page 3

he rate of change in today’s working
environment is phenomenal. Mass
digitalisation, increased globalisation and
an ostensibly fragmented political and
economic backdrop necessitate it. One of
the most obvious products of this change,
is also one of the fundamental drivers in
moving it forward – the ‘millennial’ generation
workforce. A highly educated, talented and
more questioning generation than has gone
before them, they look for greater meaning
in their work, what it can do for them and
how to create a life beyond their jobs.
This presents a real challenge to business. It
requires employers to think more effectively
and creatively about how to harness the
energy and drive that this generation brings
to the marketplace, and consider how to
sustain that in the long term to benefit both
people and organisations.
Alternative models of business, such as
employee and family owned, partnerships or
shared enterprises can greatly enhance an
employee’s sense of ownership and helps
to promote an harmonious and beneficial
relationship. These models typically offer an
opportunity to take a longer-term view in
contrast to those constrained by shareholder
reporting in the stock market. The millennial
generation has much value to add, but is also
keen to be recognised and to reap benefit in
the long term.
In this edition we provide insight from an
event which recently took place at the RSA
(Royal Society for the encouragement of Arts,
Manufactures and Commerce) and involved
three champions of employee owned
business, including Saxton Bampfylde.
The topic for the panel-led event was
‘Partnership, Purpose and Productivity’.
We will consider what is the key to
productivity and prosperity and how to
engage the current and future generations
of employees to deliver and strive on a daily
The alternatively owned business sector is
demonstrating real innovation and flexibility
and delivering impressive results. For this,
it is attracting interest at an unprecedented
Stephen Bampfylde
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