Experts Marjorie Kelly, Corey Rosen, and Pete Stavros discuss the growing employee ownership movement and its impact. They explore the benefits of Employee Stock Ownership Plans, challenges of implementation, emotional and financial impacts on employees, and contrast with private equity models. Criticisms and calls for a more democratic economy are highlighted.

Hajer Sharief, an activist promoting youth empowerment, shares her insights on fostering family democracy amid authoritarianism. Amy Edmondson, a social psychologist, discusses the critical role of communication in high-pressure environments like hospitals, emphasizing psychological safety. Pete Stavros, a private equity investor, explores how employee ownership can enhance workplace engagement and community impact. Together, they unravel the secrets of effective teamwork, highlighting inclusivity, empowerment, and the importance of culture in organizations.

Investment expert Pete Stavros discusses the benefits of extending stock ownership to all employees, promoting wealth creation and community influence. He shares stories of employees benefiting from a garage door company's sale and the transformative power of ownership in business.

Pete Stavros from KKR dives into C.H.I. Overhead Doors.Pete is the Co-Head of Americas Private Equity at KKR, the legendary firm founded in 1976 that today is a public company managing around $500 billion in assets. Pete previously led KKR’s Industrials team, where he pioneered an employee engagement and ownership model.C.H.I. Overhead Doors manufactures garage doors and is a recent KKR portfolio company exit. We discuss how KKR became the fourth private equity owner of the business, its gameplan to improve operations and employee engagement, and details of the exit. The runaway success of the deal provides us with a textbook case for the benefits of employee ownership, and we close our conversation discussing Ownership Works, a nonprofit consortium of business stakeholders initiated by Pete that is on a mission to increase prosperity through shared ownership at work.Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership 

Antoine Gara, a correspondent for the Financial Times, and Pete Stavros, co-head of global private equity at KKR, dive into the transformative world of private equity and worker ownership. They discuss how private equity firms are shifting from their ruthless image to a more inclusive approach, offering employees equity to bolster motivation and company performance. The duo emphasizes the financial benefits of this strategy and how it effectively combats workforce disengagement, marking a significant evolution in the industry.