Managing Director Value Management Inc. Jamison, PA
ESOP companies are not immune to business cycles and downturns are inevitable. How should directors and management react? How do you develop (and revise) a strategic plan to address the challenges? How do you deal with ESOP participants and trustees as you address and work through the issues (including business restructuring). The panelists have “been there and done that” and will share their experience in an informative and collaborative workshop. NCEO Peer Networking:Finance Working Group NCEO Group: ICC Group
Learning Objectives:
Learn how to use metrics to recognize that there IS a problem; understand what are the elements of an effective strategic plan. Learn how to get trustee, outside shareholder and ESOP participant buy-in to any recommended action plans.
Learn how to better prepare for and deal with business downturns when they occur.
Know what resources to seek out for help; be able to identify what, why, and how to develop an effective strategic plan; learn strategies for dealing effectively with bankers, trustees, and participants when implementing “workout” planning.
