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BUSINESS 251: Teaching Employees to Think Like Owners
- Describe how to collect, share and discuss meaningful information about the tactical and strategic issues influencing your business.
- Identify those in your organization that have the will and ability to lead.
- Translate your institutional knowledge and business savvy to the next leadership team. The worst place to store business information is in your head.
- Recognize the leadership of your organization, discuss the roles that provides sustainability for multiple generations.
Every business will ultimately transition in some way; either to a new owner or to oblivion. Before these managers can become owners, they need to learn to think like owners. Whether you intend to sell your business in the near term or not, getting your employees to think like owners can only enhance your company’s performance. Attendees will learn to create their personal definition of success for exiting their organization. A proven four step process will be presented to allow employees to think like and be owners. CEOs who are not owners will learn how to create a much more effective management team by helping key execs grow beyond their functional specialties and think like owners.
0.2 IACET CEUs
CEO of Ardent Group in Chesterfield, MO
Scot Hunsaker purchased a small engineering firm operating as a sole proprietorship from his father. That firm, Counsilman • Hunsaker , has designed aquatic facilities, including Olympic venues, all over the world. During his tenure as CEO and owner, he grew Counsilman • Hunsaker ’s revenue by a factor of 7, quadrupled the number of employees, opened 4 new offices in the US and went from being licensed to operate in 10 states to operating in all 50 plus 3 Canadian provinces. He sold Counsilman-Hunsaker to the employees for cash in 2012. He has spoken on the topic of ownership thinking across the US and internationally. He is also the author of 30 published articles. He also serves on several boards of directors. In 2013, he formed Ardent Consulting whose mission is to help CEOs and Business owners prepare for their ultimate transition with a particular focus of teaching employees how to think like owners.