Author: CDS Admin (Page 5 of 11)

Collaboration Prize winner ArchBlue Ltd set to bring history to life

One of the winners of the Collaboration Prize, ArchBlue Ltd aims to provide an integrated service that will support site managers with the stewardship of historic buildings, structures, landscapes and archaeological sites.

Founded by five organisations involved in providing complementary services to the heritage sector, the consortium provides a wide range of services including 3D measuring and modelling, archaeological recording and visualisation, conservation planning and 3D printing.

Combined, these services provide customers with a comprehensive approach to heritage site management as well as engaging methods of communicating a site’s story to the public.

 Here, founding member John McCreadie explains how they developed their idea, what the next steps are for the consortium and how they will benefit from winning the Collaboration Prize.

In our industry, changes in technology have altered and very much widened our clients’ expectations. None of us, as individual companies, could fulfil these changed expectations without expanding our skill sets.  It seemed an obvious solution to collaborate with companies who already had the necessary expertise.

The Collaboration Prize gave us the impetus to formalise what has been an informal, ad-hoc working relationship between a number of companies. These include my own 3D measuring and modelling business, Addyman Archaeology, Simpson and Brown consulting, Gilbert’s 3D printing services and freelance archaeological visualisation specialist, Dr Alice Watterson.

We knew we had a good story to tell.  We were convinced that by working together we could better meet our clients’ needs and felt that a formal collaboration, with a clear identity and well defined service offering would be the best vehicle for moving forward.

Winning the Collaboration Prize will help us to establish a brand identity for ArchBlue Ltd and market its services to potential customers. We believe the collaborative approach will add strength to tender submissions and allow us to bid for projects we wouldn’t necessarily have the ability to pursue as individual businesses.

Our offering is also well suited to the overseas market where heritage assets such as churches, castles and archaeological site play a major role in driving tourism, as they do here in Scotland.

Our next steps will be to work with Co-operative Development Scotland to formalise our collaboration and to develop our brand identity and marketing platforms to highlight our strengths and unique integrated approach.

For more information about the Scottish Enterprise Collaboration Prize visit the website.

Click here if you would like to find out more about collaborative business models, or if you would like to get in touch.

Our collaboration can be a different Kettle of Fish  

 

Kettle of Fish

Kettle of Fish

One of the winners of the Collaboration Prize, Kettle of Fish aims to create ‘turn the page’ adventure stories for the digital age.

Here, chairman Jason Wagner outlines plans for the consortium, how the Collaboration Prize will benefit them and what to expect from their first story.

“Kettle of Fish consists of three members – Ping, a digital agency based in Dunblane which I founded; Ko Lik Films, an Edinburgh animation studio which specialises in script writing; and Selina Wagner, an award-winning illustrator and animator.

“Together, we aim to create engaging interactive stories for young children which will inspire storytelling, encourage creativity, teach problem solving and help them learn about technology. Our first story is called Crocodile on the Roof, with Ko Lik taking the lead as script writers and Selina creating illustrations of the characters and designing the backgrounds. Ping will then package this together as an app, with the aim of publishing it in the fourth quarter of this year. In the meantime, we’ll be engaging with our audience on social media and building anticipation!

“Our plans are ambitious and the Collaboration Prize was the perfect opportunity for us – we were thrilled when we were told. It’s a real compliment to have our proposal recognised for its potential. With the support of Co-operative Development Scotland, we’re in the process of setting up the consortium. Their support is excellent and means we can focus on the initial business plan, promotion and a schedule for creative development.

“Ultimately, we will only be as good as the sum of our parts – and our parts are very strong! In Scotland we have a fantastic and diverse range of creative talent across multiple disciplines, from illustrators to animators, coders to musicians. By embracing that talent and collaborating we can be even stronger, and we hope Kettle of Fish can make a major impact.”

For more information about the Scottish Enterprise Collaboration Prize visit the website.

Click here if you would like to find out more about collaborative business models, or if you would like to get in touch.

The sky’s the limit for Collaboration Prize winners, Ecosse from Above

Ecosse From The Air 02

Ecosse From Above

One of the winners of the Collaboration Prize, Ecosse from Above aims to create a central resource for selling stock aerial photography of Scotland.

Founded by pilots from three established drone and aerial imaging businesses, a fourth member completes the collaboration – a web developer who will create the online infrastructure required to host the archive.

Here, one of the founding members, Craig Jump of Sky View Video, explains how they developed their idea, what the next steps are for the consortium and how they will benefit from winning the Collaboration Prize.

As independent photographers we have found ourselves visiting the same locations time and time again, which means we each have a huge collection of Scottish photography spanning the length and breadth of the country.

Through our work we’ve found there is considerable demand for affordable and easy to access images of Scottish landscapes, landmarks and destinations. For some businesses the cost of commissioning new photography is beyond their budget, so our idea offers the perfect solution for a wide range of users including national and international film makers and tourism providers.

However, to make our collaboration a reality we knew we needed to bring in additional web design and management skills in order to create our online sales and marketing platform. We sourced Keith Turnbull, a system designer and developer, who as an essential contributor to Ecosse from Above, has joined as a fourth member.

By establishing a consortium, we can all benefit from sharing Ecosse from Above as a united brand and sales platform, helping us to generate revenue from material that otherwise could have lain dormant in storage for decades. In the future we would like to invite other photographers to join the consortium and grow Ecosse from Above’s offering to customers.

Winning the Collaboration Prize will help us in many ways. This will include accessing support on how to market our services internationally, in particular Europe, Asia and the USA. The prize funding will also support our launch campaign as we build the profile of Ecosse from Above.

For more information about the Scottish Enterprise Collaboration Prize visit the website.

Click here if you would like to find out more about collaborative business models, or if you would like to get in touch.

Creative Scottish collaborations clinch prize

Netherbow Group 01

Edinburgh’s Netherbow

Four new Scottish consortia are celebrating after winning a share of the Collaboration Prize, which encourages Scotland’s creative businesses to work together and grow.

Launched in November 2015 by Scottish Enterprise (SE) in partnership with Creative Scotland, Cultural Enterprise Office, Interactive Scotland and Highlands and Islands Enterprise (HIE), the Collaboration Prize is delivered by Co-operative Development Scotland (CDS).

Each prize-winning collaboration will receive £5,000 cash, up to £5,000 specialist support to set their idea in motion alongside support from CDS to form their consortium.

Below is a brief introduction to each of our winners and a summary of their collaborative idea.

Over the coming weeks, we’ll be taking a closer look at each winner and learning more about their plans for the future.

ArchBlue Ltd

ArchBlue Ltd

Founded by five organisations involved in providing complementary services to heritage sites and buildings, ArchBlue Ltd’s aim is to provide an integrated service that will support site managers with the stewardship of historical assets such as castles and archaeological sites.

Services the consortium can provide include 3D measuring and modelling, archaeological recording and visualisation, conservation planning and 3D printing. Combined, these services provide customers with a comprehensive approach to heritage site management. Winning the Collaboration Prize will help them establish a brand identity for ArchBlue Ltd and market its services to potential customers…

Ecosse From The Air 02

Ecosse From Above

An idea developed by pilots from three established drone and aerial imaging businesses, Ecosse from Above’s aim is to create a central resource for stock aerial photography of Scotland. A fourth member completes the collaboration – a web developer who will create the online infrastructure required to host the archive.

This will make members’ stock material more affordable and easier to access for a wide range of businesses including tourism providers and film makers, nationally and internationally.

It will also create a revenue stream for member photographers by creating a platform for marketing and selling archive material. The consortium hopes to open membership to other aerial photographers in the future…

An alliance of six literature organisations led by the City of Literature Trust and Scottish Storytelling Centre, Edinburgh’s Netherbow’s aim is to create a literature hub for Scotland on Edinburgh’s Royal Mile.

Kettle of Fish

Kettle of Fish

It will achieve this by developing the existing honeycomb of buildings, gardens, closes and streetscapes in and around the Scottish Storytelling Centre and John Knox House to create a physical presence for Edinburgh’s literature and Scotland’s culture.

Its role will be to increase the promotion of literature, support collaboration between literary and cultural organisations and improve Edinburgh’s international profile…

Kettle of Fish, which aims to create inspiring interactive storytelling apps for children, plans to use the Prize to formalise its collaboration and finance the development of its first story idea – ‘Crocodile on the Roof’.

Founded by Ping, BAFTA award-winning KO LIK Film and accomplished animation director Selina Wagner, the consortium will pool skills and resources to take each new story idea from start to finish. It will also create a platform for collaboration with other writers and artists as it develops new stories…

You can find out more about the Collaboration Prize here.

If you would like to find out more about collaborative business models, or if you would like to get in touch, visit here.

Driving Scotland’s conversation on inclusive business models

11/12/15 - 15112301 - SCOTTISH ENTERPRISEGLASGOWSarah DeasEarlier this month, the Scottish Government’s Economy, Energy and Tourism Committee hosted an evidence session on employee-owned businesses and co-operatives. I felt privileged to attend and provide evidence to the committee, alongside our Employee Ownership (EO) Ambassador Nick Kuenssberg and two of our Consortium Champions; Nathalie Agnew and Joanna Dewar-Gibb.

The session covered the different models, the support available to those looking to adopt such ways of working and the different ways in which many businesses have already benefited.

Overall, the committee hearing has cast a spotlight on inclusive business models and demonstrated their value to Scotland’s policy-makers, which will do a great deal to nurture new thinking and action. I look forward to hearing further outcomes from the review in the coming months.

‘© Scottish Parliamentary Corporate Body – 2016’

‘© Scottish Parliamentary Corporate Body – 2016’

For more detail you can read the committee papers here and watch the video here.

Also this month, I attended the fourth annual Robert Oakeshott lecture, which commemorates the founder of the Employee Ownership Association. Delivered by political economist Will Hutton, the presentation reflected on the need to reconsider how we think about ownership and purpose when it comes to doing business.

He argued that purposeful companies should have a moral core, seeking profit but not for the benefit of external stakeholders and no one else. This, Will explained, would be enhanced by ‘anchor owners’ – shareholders who have a long-term, vested interest in the business, its people and its future.

Will Hutton

On this, he highlighted the role EO can play in driving the growth of such businesses in the UK. And given the established link between EO companies and increased productivity, innovation and long-term sustainability, this is a salient point.

You can read more about the lecture here.

Finally, I’d also like to recommend reading SocialValueLab’s Better Business Better Scotland report published last month. Delivered with support from Scottish Enterprise, Highlands and Islands Enterprise, CGI and Caledonian MacBrayne, the research included a nationwide survey of over 1,000 businesses of all shapes and sizes across Scotland.

The report discusses the current position of corporate responsibility in Scotland, and makes recommendations on what needs to be done to promote ethical leadership in Scottish businesses.

You can read the report in full here.

From the  events, discussions and reports described above, it’s clear that Scotland’s entrepreneurs, employees and policy makers have an appetite for exploring new ways of working which make a greater contribution to the communities they serve.

This has brought inclusive models, particularly EO and consortium working, into focus.

To find out more about the various models and how we can help, visit our website.

Collaborate for Success with support from CDS

While applications for the 2015 Collaboration Prize have now closed, CDS offers year-round support to businesses interested in joining forces with like-minded companies.

One successful collaboration which formed with CDS’ support is Screen Facilities Scotland (SFS), a membership co-operative representing facility and service companies in the screen and media production industry. Formed as a consortium in 2012, it promotes Scotland’s filming facilities, industry services and infrastructure, at home and abroad. It has become a focal point for member companies and a strong voice in the wider industry.

Here, Director Joanna Dewar Gibb explains the origins of SFS and how CDS support has helped it grow to become a major industry player.

SFS photo

Facilities and service companies are vital to Scotland’s production infrastructure, but many such companies in the creative sector felt under-represented. A few of these businesses came together to discuss a way forward, but the path wasn’t clear.

We decided to enter the Collaboration Prize in 2012 and were delighted to win. Thanks to the support of CDS, we were able to find that way forward. The process helped us focus our efforts and establish a formal body – Screen Facilities Scotland – quickly and appropriately.

We also received vital advice on strategy, marketing and IT, which helped us define our consortium structure and draft SFS members’ agreement.

One of the main concerns we wanted to tackle by forming SFS is the issue of Scottish contracts within our sector being won by businesses outside the country. By coming together we have tackled this issue with a stronger voice, allowing members to grow their businesses, build reputations and secure jobs and growth for the sector.

As a unified voice, we can also market our industry with greater impact, lobby for improvements to industry practices and policy, and pitch for projects as a larger group or series of sub-groups. As a central point of contact for potential clients, government, public agencies and other organisations, SFS is now a visible and influential entity.

The success of our collaboration has also earned SFS invitations to participate in a number of landmark events including the Edinburgh International Film Festival, Xpo North, IBC in Amsterdam and BVE in London. SFS members have also been asked formally to submit their views to several parliamentary committees, including the initial session of the Screen Sector Leadership Group.

We know first-hand the unpredictable environment in which creative businesses operate. Working with other like-minded companies in a formal consortium co-operative affords each company a number of advantages – the ability to grow their business, network more often, share common challenges and build a higher profile.

A consortium co-operative can help your company grow with shared resources, reduced risk, and access to new markets. It’s an organisation run in a shared and equal way by, and for the benefit of its members. Members are businesses and the co-operative can be for any purpose which supports them – such as marketing, tendering, innovating or exporting.

CDS can help you to explore the options, structure your consortium, and get more members involved.

If you would like to find out more about collaborative business models, or if you would like to get in touch, visit here.

Collaboration: A step-by-step guide

Jaye Martin 03

Collaboration brings a number of benefits – including business growth, reduced costs and extra resources –but when should a business join or form a consortium? How does it go about doing so? And what specific benefits can it deliver?

Here, CDS specialist advisor Jaye Martin shares a brief step-by-step guide to consortium working.

Step 1: Identify barriers to growth
For many small and micro-enterprises, lack of scale, time, finance or resources can be a barrier to accessing new markets, tendering for larger contracts or simply marketing services. These challenges will be familiar to many businesses, particularly those with small teams or those who provide unique or niche products and services.

Step 2: Look for a potential solution
Teaming up with other like-minded businesses and forming a consortium is an excellent way to break down these barriers. Suitable for businesses of all sizes operating in any sector, this model can help businesses grow by reducing the costs and risks associated with tackling new markets and investing in new products and services. It can also enable businesses to share resources such as back office functions and premises. Meanwhile, member businesses are able to retain their own brands, independence and control. You can find out more here.

Step 3: Find collaborators
Carefully identifying like-minded businesses to work with is crucial. Trust is a key factor. It can help if the businesses have worked together informally before. In most cases, member businesses operate in similar or complementary fields, although a lot will depend on the rationale for collaboration. You can read about the experience of a number of successful consortia here.

Step 4: Choose the right structure
The consortium co-operative model is an effective collaborative business structure. In simple terms it is an organisation run in a shared and equal way by and for the benefit of its members. Members are independent businesses and the consortium can be for any purpose which supports them, for example marketing, tendering, innovating or exporting. Co-operative Development Scotland has a track record in helping businesses and we’d be happy to help you explore the options. You can contact us here.

Step 5: Benefit from your collaboration
Collaborating can be a real game-changer for businesses. Collaborating can be a real game-changer for businesses. For example, through collaboration, Adventures in Light – an Edinburgh-based consortium which brings together a 3D artist, a film-maker and a carpenter – have been able to invest in essential new kit which has supported them to keep experimenting and inventing. This, in turn, has helped them work on bigger projects such as the International Science Festival and the Kelburn Garden Party.

As well as supporting businesses to access new markets, share risks and costs and develop new products or services, many businesses involved in consortium working also report increased confidence, better business connections, improved knowledge-sharing and an enhanced profile.

The benefits are tangible and numerous – and definitely worth exploring when considering the future of your business.

CDS can help you to explore the options, structure the consortium, and get more members involved. 

If you would like to find out more about collaborative business models, or if you would like to get in touch, visit here.

 

Creative Consortium Sheds Light on Collaboration Prize Benefits

Scottish Enterprise's David Smith pictured with Adventures in Light's Cristina Spiteri and Richard Anstice

Scottish Enterprise’s David Smith pictured with Adventures in Light’s Cristina Spiteri and Richard Anstice

This Thursday 12 November, Cabinet Secretary for Culture, Europe and External Affairs, Fiona Hyslop launched the 2015/16 Collaboration Prize – which aims to encourage companies to consider establishing a consortium.

Businesses from the creative industries are being invited to submit entries by 17 December for a chance to win £5,000 cash and up to £5,000 in support to set their idea in motion. Up to five winners will be selected to take a share of the prize fund.

Adventures in Light was one of last year’s Collaboration Prize winners. The consortium brings together a 3D artist, filmmaker and carpenter to create dynamic projected installations for musical and cultural performances.

Here, chairman Cristina Spiteri describes Adventures in Light’s experience of collaboration and how they have benefited from winning the Prize.

It all began when Susanna, Richard and I met serendipitously in a field whilst VJ-ing at a festival. As artists we believed that by pooling our expertise we could offer customers something completely new and exciting – delivered seamlessly from idea creation to execution. We also found that working together enabled us to collectively use resources to purchase more advanced equipment and embark on more ambitious installations.

After a year working together (during which we provided installations for T in the Park, Edinburgh Science Festival and the Scottish Dance Theatre) we decided to enter the Collaboration Prize to formalise our partnership and reach new heights.

Judges liked our streamlined approach to tendering which delivered value for money to customers and maximum return for the business. For us, it makes sense for clients to be talking to one body rather than three individual businesses. It also means we can grow to involve other companies and artists to go for bigger jobs. As a prize winner, we received support from CDS to formalise our arrangement and set up a consortium. We also received consultancy assistance to develop our collaboration further as well as £5,000 cash to inject into the business.

Winning the prize has opened so many doors for us. It has allowed us to invest in essential new kit which has supported us to keep experimenting and inventing – something all creative businesses should do. We’ve also had the opportunity to work on some fantastic new projects including the International Science Festival and the Kelburn Garden Party.

Collaborating is now at the core of our business. It has allowed us to bring in specialist skills, and together craft something truly unique and far beyond what we could produce on our own.

Our advice to anyone considering entering the Prize is ‘go for it’. It’s a fantastic opportunity and it has really helped us to grow and succeed.

Entries to the competition must be submitted by midnight, December 17. To enter, go towww.scottish-enterprise.com/collaborationprize.

Support with preparing submissions is available from CDS. For more information email info@cdscotland.co.uk.

The Collaboration Prize was launched by Scottish Enterprise (SE), in partnership with Creative Scotland, Cultural Enterprise Office, Interactive Scotland and Highlands and Islands Enterprise (HIE), and delivered by Co-operative Development Scotland (CDS).

Employee ownership ‘makes for better business’

Graeme Nuttall smlGraeme Nuttall OBE is a partner at law firm Fieldfisher and author of the Nuttall Review of Employee Ownership.

Here, Graeme delves into new research which highlights the numerous benefits employee ownership can help to deliver for companies.

Research has shown conclusively that employee-owned companies outperform conventionally structured firms on a range of metrics including productivity, sustainability, innovation, customer satisfaction and employee wellbeing.

My report for the UK Government “Sharing Success; the Nuttall review of employee ownership” examined the barriers to employee ownership, and how these could be overcome. The new tax reliefs that came into force in 2014 were a result of this. Awareness of employee ownership is higher than ever before, and the business benefits are recognised.

There is no doubt there is something about employee ownership that makes a difference and I was keen to look more closely at why it works. The Chartered Management Institute (CMI) has been undertaking research into the nature of leadership and employee engagement using the MoralDNA diagnostic tool that measures thinking preferences when making moral decisions.

I was delighted to collaborate with the CMI and the report’s authors, Professor Roger Steare, Pavlos Stampoulidis and Peter Neville Lewis, in examining how employee-owned companies compare to other business models.

This is the first piece of research to look exclusively at employee trust owned companies; the predominant model of employee ownership in the UK. Sponsored by Fieldfisher and the eaga Trust, the report, “The MoralDNA of employee owned companies”, gathered evidence from more than a thousand employees across 15 employee-owned (EO) firms.

The results were compared with those from employees from other sectors, and with the sample of managers used in other CMI research. We found that employee ownership has a positive impact on business ethics, and there is an established link between higher ethical scores and better business performance.

Some of the results are quite extraordinary.  90% of employee owners report that they experience high-performing visionary, democratic and coaching leadership styles. Only 58% of employees in the control sample said this, with 42% of this control sample saying they experience poor-performing, command and control leadership styles.  The working environment is more collaborative and collegiate in employee-owned companies compared with the coercive and demanding styles of other forms of ownership.

The values in employee-owned organisations are seen to be stronger than in other businesses.  People working in employee-owned companies demonstrated significantly higher scores in the values of fairness, trust, excellence, humility and courage. 95% of respondents said employee ownership enhanced commitment to the company, and 91% said it contributed to performance. 87% believed the company’s ownership model was an attraction for new staff. The report contains 15 case studies from employee-owned companies with inspiring stories of how their employee ownership impacts on their ways of working.

This is remarkable research that gives a fascinating insight into why companies owned by their employees are better businesses in every sense of the word. The report provides a broader message about the importance of inclusive leadership, and the importance of ethics in business. It reinforces the strong case for more employee ownership and sends out a call to business owners to consider giving their employees a stake in the company in which they work.

Introducing Scotland’s Consortium Champions

CDS Champions 02As part of our role in supporting the growth of collaborative working across Scotland’s business community, we are pleased to introduce our Consortium Champions.

Spanning a wide range of industries and specialisms, the Consortium Champions will play an important role in promoting collaboration by hosting or presenting at events, providing guidance and influencing others within their networks.

Here, we describe each of the Champions and the organisations they work with.

Highland-based Nathalie Agnew, PR director at The Wee Agency, has significant experience in the marketing and media sector. The Wee Agency brings together experts from the PR, marketing and digital design industries to offer customers a comprehensive consultancy service.

Food From Argyll is a consortium formed in 2007 by a group of food and drink producers in Argyll. Its aim is to market and promote produce that is farmed, made or harvested throughout the region. Virginia Sumsion is marketing and events manager at member business, Loch Fyne Oysters Ltd.

The Heart of Argyll Tourism Alliance is a membership co-operative set up to boost tourism in mid-Argyll. It is also a member of the Argyll & the Isles Tourism Cooperative, an umbrella organisation covering all the marketing groups across the region. Carron Tobin, a rural development practitioner based in Callander, supported the establishment of the alliance in 2010 and then AITC in 2012, and is interested in consortia working in the travel and tourism sector.

Nathalie, Virginia and Carron have collaborated on a special project which will bring ‘Taste for Tourism’ to Oban on November 4. The three champions have joined forces to organise, promote and host the event, which aims to bring industry leaders and businesses from tourism and food and drink together to forge new and profitable alliances and support the development of food and drink tourism in Scotland.

Speaking of the project, Virginia said: “Carron and I had the idea to arrange the event and were delighted when a fellow champion was appointed to support us with the event management and marketing. By working collaboratively we have been able to maximise our knowledge, skills and networks to host what we believe will be a hugely valuable event with Scotland’s future at its heart.”

For more information about Taste for Tourism, visit: www.tastefortourism.scot/home.aspx

Our other Champions

Joanna Dewar Gibb, business manager at Glasgow-based special effects firm, Artem Ltd, works in the film and advertising sector. Artem Ltd is a member of Screen Facilities Scotland, a collaborative venture affiliated to the UK Screen Association which represents facilities and service providers working in the screen, media production and creative industries.

Some of our Champions: Carron Tobin, Virginia Sumsion, Joanna Dewar Gibb, Dougal Perman, Richard Simmons

Some of our Champions: Carron Tobin, Virginia Sumsion, Joanna Dewar Gibb, Dougal Perman, Richard Simmons

Bruce Hamilton manages the Tayforth Machinery Ring, a non-profit-making member-owned consortium which encourages joint use of agricultural equipment and labour between its farming and non-farming members. Contracts and supplies are arranged between members in Fife, Tayside and central regions of Scotland.

InnerEar Ltd’s Dougal Perman is a director at Yellow Brick House Media Ltd, a consortium of four businesses specialising in new media content and marketing, television production, web development and graphic design.

Richard Simmons is a lecturer in social policy in the department of applied social science at the University of Stirling. He has a developing national and international reputation in the governance and delivery of public services and the role of co-operative and mutual organisations. As such, he is the Consortium Champion for governance, best practice and international.

Over the coming months we will be profiling each of our Champions in more detail, providing a valuable insight into their models and the many benefits collaboration has brought to their businesses.

For more information about consortia working and the support CDS can provide to businesses interested in this model, visit: http://bit.ly/1OkNE0I

Business leaders back employee ownership

inspireeo__largeAround 150 delegates gathered in Edinburgh yesterday for the first Inspire EO Scotland conference.

Here, some of the event’s keynote speakers discuss the benefits of employee ownership and how it can help to boost the Scottish economy.

Inspire EO Scotland, organised in collaboration between John Lewis, RBS and Scottish Enterprise, was designed for new and existing businesses keen to learn more about employee ownership.

It took place as new research from the University of Stirling shows that there are 71 employee-owned businesses operating in Scotland, with approximately 6,500 employee-owners generating a combined turnover of around £900million.

Sir Charlie Mayfield, chairman of the John Lewis Partnership, believes the figures show the Scottish employee ownership sector is performing strongly. He said: “It is encouraging to see the growth of employee ownership in Scotland and the recognition of the benefits it can offer – including higher levels of employee engagement and productivity, higher profitability and greater levels of innovation. At the John Lewis Partnership, we take pride in the fact that as owners, our Partners are highly engaged and are involved in the future of the business.”

Dr Lena Wilson CBE, Chief Executive, Scottish Enterprise, said: “These latest figures reinforce that employee ownership is a growing phenomenon with more and more businesses recognising the importance of succession planning and the benefits this innovative business model offers.  This is good news for Scotland because wider collaboration and co-ownership is proven to create jobs faster and boost productivity and performance. We would encourage owners to consider succession at the earliest possible opportunity and find out more about employee ownership.”

Deputy First Minister John Swinney, said: “Employee ownership can have powerful positive effects – not only on employee motivation and wellbeing but ultimately on the bottom-line. I am encouraged that an increasing number of Scottish companies are benefitting from this business model. I would encourage interested companies to engage with Co-operative Development Scotland and learn what employee ownership could do for them.”

Alison Rose, CEO, Commercial & Private Banking, RBS, said: “RBS supports more UK small businesses than any other bank so we were delighted to host the Inspire EO conference. Employee ownership can be a highly effective way to engage staff and run a successful business.”

Read Sir Charlie Mayfield’s article on employee ownership from this week’s Scotland on Sunday.

Inspiring day ahead for Scottish businesses

Sarah DeasNext month, Scotland will play host to the inaugural Inspire EO Scotland conference, with influential business leaders and politicians coming together to discuss thebenefits of employee ownership.

 Here, SarahDeas of Co-operative Development Scotland gives a snapshot of theday and explains why Scottish business owners should mark October 26 in their diaries.

Throughout Scotland’s business community, the benefits of Employee Ownership (EO) as a driver for growth are becoming increasingly recognised. From higher productivity and profitability to greater resilience, EO offers an effective succession solution and is suited to companies of all sizes across a multitude of sectors.

And with figures showing that around 16,000 SME owners in Scotland will consider an exit strategy from their business over the next five years, it is essential that owners are aware of all the potential succession options – especially EO.

Given the growing appetite for deeper insight into this business model, next month will see around 150 delegates come together for the first Inspire EO Scotland conference. This half-day event in Edinburgh is being run in collaboration with the John Lewis Partnership, RBS and Scottish Enterprise (SE). Delegates will hear from an impressive programme of keynote speakers, including:

  • Sir Charlie Mayfield, Chairman, John Lewis Partnership
  • Deputy First Minister John Swinney MSP, Cabinet Secretary for Finance, Employment and Sustainable Growth
  • Dr Lena Wilson CBE, Chief Executive, Scottish Enterprise
  • Alison Rose, Chief Executive, Commercial and Private Banking, RBS

Each will bring a different perspective to the table. Sir Charlie will explain the John Lewis model and its contribution to driving innovation and engagement, whilst Mr Swinney will offer his insight into the role EO can play in boosting the Scottish economy. In addition, Dr Wilson will reference the model in the global context and describe the support available from Scottish Enterprise and Ms Rose’s presentation will focus on the assistance available for entrepreneurs from the financial sector.

Attendees will also gain an invaluable inside perspective by hearing from Scottish businesses which are already reaping the benefits of EO on a day-to-day basis. EO Ambassadors Dennis Overton of Aquascot and Dick Philbrick of Clansman Dynamics, for example, will lead presentations about their transition to EO and how the model works for their companies.

They will demonstrate how EO can be implemented not just as a succession solution for long-term stability, but as a catalyst for sustainable business growth.

I do hope that you will be able to join us on the day for what will be a truly insightful and inspiring event.

Inspire EO Scotland is being held at the RBS Conference Centre in Gogarburn, Edinburgh on October 26 from 8.30am until 2pm.

To register for this FREE event, visit the Inspire EO Scotland website.

UK Employee Ownership Awards: Rising star.. one year on

Dan and Mary

Dan and Mary Knowles

It’s almost a year since Mary Knowles Homecare Partnership won the Rising Star Award, just one of the categories in this year’s UK Employee Ownership Awards

With the deadline for the 2015 awards under a week away, the EOA asked founder and managing director Dan Knowles how it’s affected the business.

“I cannot believe a year has gone by since we were nominated for the Rising Star Award. Last September we were barely into our second year as an employee-owned partnership in the home care sector and were firmly focused in on running the business.

We were thrilled to be nominated, so you can imagine how we felt in November, when we actually won.

While we celebrated we knew that the benefits of this award to our business would be long-lasting. It is particularly valuable in the business of home care: being recognised as an employee-owned ‘centre of excellence’ speaks volumes about our high standards, teamwork and professionalism.

When I first had the idea to create this business, I felt that an employee partnership would set us apart as a care company.  After all, what can be better than the carers themselves sharing in the success of their hard work and professionalism?

This award not only proves I was right to trust my instinct, it is a vote of confidence from the employee-ownership community that we are very much on the right track.

Since winning we have continued to grow, and have enjoyed some landmark achievements along the way.

In June we awarded our first employee bonus, distributing £5,500 among our 40+ employees.  There aren’t many care companies who do this and it was an exciting moment for us.  Our Employee Trust’s share of the business increased from 10% to 20%, and my own share dropped to 80%, as part of our strategic plan.

All of this happened around Employee Ownership Day, which we celebrated with a big summer tea party for our clients and carers.

Mary Knowles Carers Summer Party July 15

Mary Knowles Carers Summer Party July 15

Also this year we have moved to a new – and smaller – head office in Kidlington, Oxford. Moving has reduced our costs on unnecessary office space as most of our team work in the field, and made us more efficient.

We continue to strive to attract the best people to join us as experienced carers or to be trained by us to build a career in care.  As such we offer training to all our employees and have made several improvements to our programme.

As we grow we see the need to build a professional HR function and our first HR manager, Sue Woolley, has just joined us to implement this.

Looking ahead we have big plans for the next few years. We will be opening another office in Oxfordshire and more will follow as we expand our area of coverage.

While our achievements are, as in most businesses, down to hard work and dedication, with a little luck thrown in, I have no doubt that the Rising Star Award is having a positive effect and is helping us to reach a bigger audience. In particular we have benefitted from mentorship from the John Lewis Partnership which has been impactful and far-reaching.

And you can imagine how good it feels when we describe Mary Knowles as the award-winning Homecare Partnership.”

More about Mary Knowles

The Mary Knowles Homecare Partnership is owned by its employees, so everyone in the company shares in the decision-making process and, unusually in the care sector, the company has an annual bonus scheme. By putting the carers in charge, listening to them and rewarding them, the company delivers a consistently high standard of care.

Mary Knowles Homecare Partnership was founded by Dan Knowles, a former director of John Lewis Partnership.  He was inspired to set up the company after seeing that the quality of care given to people like his grandmother (Mary Knowles) is not as high as it could be.  He knew from his experience at John Lewis that the employee partnership model would work well.

In 2014 Mary Knowles Homecare Partnership won The Philip Baxendale Rising Star Award. The company is based in Oxford.  Find out more at www.maryknowles.co.uk.

The deadline for Employee Ownership Award nominations is Monday 14th September. Find out more here: http://bit.ly/1dYVe1b

Transitioning to Employee Ownership – the Legal Perspective

andersonstrathern
In January 2014, software developers Computer Application Services Ltd (CAS) moved from owner management to employee ownership.  Bruce Farquhar and Bruce Harvie, from the corporate team at lawyers Anderson Strathern, advised on the process.  Here partner, Bruce Farquhar gives his views on the transaction:

“The Corporate team at Anderson Strathern work mainly with the larger end of the SME market, and although we have advised a number of cooperatives, this is our first true “employee ownership” transition.  It was an excellent deal to be part of and I would say I’m now an enthusiastic advocate for the model.

“The transaction was quite straightforward, certainly no more complicated than any other business transfer transaction.   There were two main parties to the deal, the former owners as the vendors and the employees of CASLtd as the buyers.  It was in no way an adversarial process – indeed it was very collaborative with all parties wanting what was in the best long-term interest of the company.  We also involved an accountancy firm, Johnston Carmichael, which was able to give specialist advice on the tax implications for the parties.

“Like most employee owned firms, the majority of the shareholding is held in an Employee Benefit Trust.  This Trust retains the shares for the long term and provides stability to the company.  There is also a portion of shares available to employees as options.  In this way, employees are able to see their value in the business grow as the company prospers.

“The chair and chief executive both invested in the business and this meant there was no need to source any external finance for the deal. The intention is that both chair and chief executive will sell their shares back to the employee trust in the future.

“The sale to employees was not the first intention of the vendors. They had been pursuing a trade sale which had fallen through. However, the employee ownership option provided a satisfactory exit for them as owners, and was well received by the employees of CAS.

“As an adviser, it is a model I see fitting well with the aspirations of a number of business owners. Many entrepreneurs are reluctant to see their firm in the hands of a competitor.  The grueling process of preparing a business for a trade sale can be uncomfortable for a seller.

“A sale to employees can be a much easier process. An additional attraction for the owner is that they are able to control the pace of the transaction, and can influence their role in the business going forward.  The former owners of CAS had decided they wanted to exit at the point of sale.  Many owners would prefer to remain involved in some way, perhaps in a non-executive role.  The collegiate nature of an employee ownership transaction enables the vendor to do that.

“The benefits for employees are clear.  There is continuity of employment, they have a stake in their business, and more say in how that business is run.

“We’re delighted that we are now working with another successful Scottish business making the move to employee ownership. As awareness grows, I’m confident there will be many more following suit.”

You can learn more about  CAS Ltd’s transition to employee ownership at an event hosted by CDS and CAS Ltd in Edinburgh on Thursday 3 September.

For more information or to register go to: http://bit.ly/1Vh9aUy

Scotland’s first software business back on track with employee ownership

CASStarted in 1969, Computer Application Services (CAS) Ltd is believed to be Scotland’s first software company.  A spin out from Heriot Watt University, two of the first products were a programme to schedule midwifery training and an application to control cremators – a real cradle to grave enterprise! Now the company has developed an enviable reputation in the niche space of case management and complaint handling.  In 2014, supported by Co-operative Development Scotland, the company became employee-owned.  Like many other employee owned companies, it didn’t start out on that path. Chief Executive, Ken Naismith tells the story.

“ CAS was an okay company with a lot of potential. That potential was not being realized.   It’s fair to say that in recent years, there had been little investment in the business infrastructure and its people.   The previous owners had planned to exit by selling the business to a PLC.  That sale fell through at the eleventh hour.

“I was invited by the chairman to get involved in identifying an alternative succession option.  Employee ownership as a concept always made sense to me – of course people will work harder and enjoy their job better if they own the business.  With the support of Co-operative Development Scotland, we arrived at a structure that gives the company a strong and stable platform for growth.   59% of the business is in broad employee ownership by trust and shareholding; the Chairman and I invested in the remainder of the business.  I plan to reduce my shareholding over time as the company gets on an even keel and this will release more ownership for employees.  We are in a tough, competitive market and our people are now energized and ready to face that head on.

“The employee owners call themselves CAStodians, reflecting their responsibilities to look after and grow the business.    We operate much more openly now.  Information is shared, board minutes are distributed and everyone contributes to our weekly staff meetings.

“We have just produced and distributed our first “Employee Owners Annual Report” which is a comprehensive reflection on our activities last year and our plans and objectives for the next few years.  We did forecast a loss in our first year post buy out, but it was good to report that this loss was much less than we expected.  The forecast for 2015/16 is good.  We have no debt and cash in the bank. There is a number of proposals out for some very lucrative and high profile pieces of business.  We are working on shortening our lead times and up scaling our marketing efforts.

“Our people have to wear two hats; as employees and as shareholders/owners.  We encourage open dialogue; if it’s small get it off your chest, if it’s big, put it on the agenda.

“There’s a palpable sense that the future is in our control now, and everyone has a part to play in making that future as good as it can possibly be.”

You can learn more about how employee ownership has been a catalyst for innovation and growth at CAS Ltd at an event hosted by CDS and CAS Ltd in Edinburgh on Thursday 3 September.

For more information or to register go to: http://bit.ly/1Vh9aUy

 

 

Why working for an employee-owned company makes a real difference

sAt Aquascot’s ‘Successful Succession’ event on Employee Ownership Day, training assistant Sylwia Goluda described her experiences at the Alness-based company.

Her presentation provided real insight into an employee’s journey towards employee ownership and here she provides us with a summary of the talk that so many enjoyed on the day.

I arrived in Scotland from Poland in July 2006. It was a scary prospect coming to a strange country, having left behind my family, friends and job. Thankfully, everyone was so nice and friendly which made everything so much easier.

I came to work at Aquascot and immediately noticed a difference from how companies work in Poland. What struck me most was the attitude of the managers – they were open and helpful and told us how much they appreciated our hard work. They care for employees and this makes Aquascot a great place to work.

In 2008, the three directors announced at our annual conference that the company was moving to employee ownership. It was an exciting time and we all felt we were part of something bigger and better. A Partnership Council was formed and I was delighted to be elected to this with nine of my colleagues.

We meet on a monthly basis to discuss employee views and to propose ideas and suggestions for our business to grow and be successful. We have been involved in lots of projects including organising social events, charity initiatives, conferences and celebrations, such as the company’s 25th birthday party.

We are almost at the end of our journey to become 100 per cent employee-owned. You can tell that everybody is waiting for that milestone with great excitement. Personally, I can’t wait to see what’s going to happen and how it can lead to even more success.

I feel very proud to work here and I’m glad I have the opportunity to grow and be recognised and appreciated for going that extra mile. I believe that Aquascot’s future is very bright – not simply because we are employee-owned but because we have a great team of people who will make success happen.

Employee ownership – the key to a stronger Highland economy?

AquaScot Dennis Overton 94Earlier this month, Alness-based sustainable seafood company Aquascot opened its doors to the local business community for a ‘Successful Succession’ event jointly hosted with Co-operative Development Scotland.

Here, Aquascot chairman Dennis Overton reflects on the day and the company’s experience of employee ownership.

With 185 employees operating from two sites in the town, Aquascot is currently 85 per cent employee-owned and is set to complete the transition to 100 per cent employee ownership by 2017. As an enterprise, we have a 12 per cent share of the UK’s ‘ready to cook’ salmon market.

On 3 July – Employee Ownership Day – we welcomed employee owners, local business people and local MSP, Rob Gibson to our premises. We focused on how employee ownership has been a successful model for Aquascot, and how it can make a significant contribution to economic growth.

I believe the UK economy would be in a much healthier position if there were more employee-owned companies. At present, I feel we are overly focused on short-term gain to the detriment of long-term value creation.

Employee-owned firms are different. In ‘conventional’ businesses there is often disconnect between shareholders and the company they part own. This can be because shareholders have different, and often more immediate, objectives than the people inside the company who have its long-term success at heart.

In an employee-owned company, the employees control the shares. They are more likely to be concerned about the longevity of the business and know that innovation, productivity and profitability are key to achieving that. Indeed, as Aquascot partner Donald Beaton put it so articulately: “This isn’t just about creating good jobs for us, it’s about jobs being there for our children and their children.”

In the Highlands, succession is a concern. In a survey we conducted in 2005, we looked at what happens to non-family, first generation businesses when it comes to considering succession. The findings were not encouraging:

  • There were few independent businesses of any scale in the Highlands
  • The most common form of exit was a trade sale to a buyer out with the region
  • In the majority of cases , the acquired company no longer had a presence in the Highlands after five years

When our founders came to consider Aquascot’s future, they knew that the final decision had to consider the contribution made by its employees. We have exceptional staff and they have made the company the success it is today.

By selling to employees, our founders have enabled this success to continue, and Aquascot will remain in Alness providing jobs and opportunities for years to come.

Friday’s event encouraged several businesses to explore employee ownership more closely, and with Aquascot as an example, this can only be good news for the local economy and the people of the Highlands.

Real Food, Real Folk – Celebrating Glasgow’s Flair for Good Food

LETS-EAT-GLASGOW logoA group of leading Glasgow chefs have formed a new co-operative – Real Food, Real Folk – which aims to promote the city as a culinary destination while also tackling issues relating to food poverty in the west of Scotland.

Here, CDS specialist advisor Ralph Leishman, who supported Real Food, Real Folk with the development of its consortium model, explains how through collaborative working, the newly formed company is benefitting the businesses involved and the wider community.

Initiated in Glasgow in 2014 by Colin Clydesdale and Carol Wright of the Ubiquitous Chip restaurant, Real Food, Real Folk is a not-for-profit consortium which counts chefs from renowned city eateries including Cail Bruich, The Crabshakk, The Gannet, Ox and Finch and Stravaigin among its members.

As a movement, it is underpinned by a founding ethos that chefs and producers who are truly passionate about food should share their expertise with more than just their customers.

And by working together to host major food events in the city the group aims to establish Glasgow’s place on the Scottish food map while building connections between local people and the fantastic produce available on their doorsteps.

As 2015 is Scotland’s Year of Food and Drink, this year provides Real Food, Real Folk with an ideal platform to launch its message. In September (5-6), the co-operative will host ‘Let’s Eat Glasgow!’ a pop-up market and restaurant festival in Finnieston developed around the theme of social inclusion.

Supported by £20,000 funding from Scottish Enterprise, with funding from other sources also currently being sought, the weekend will include a West of Scotland producers’ market, food demonstrations and meet-the-livestock events. During the day, a range of exciting dishes prepared by the co-operative’s well-known chefs will be on offer at just £5 per plate.

Real Food, Real Folk also plans to donate ten stalls at the event to established community groups involved in addressing food poverty in Glasgow, including Locavore, Plan Bee, The Freedom Bakery and Milk Cafe.

Proceeds from ‘Let’s Eat Glasgow!’ will fund the co-operative’s ongoing work in social inclusion and education. It is already working with children through after-school clubs and with mothers in deprived areas of the city.

The ambitious group also has exciting plans for 2016. The consortium’s next event – the BIG Table – will serve dishes from some of Glasgow’s most exciting restaurants and producers to 1000 people.

Guests will have the chance to purchase a ‘1 for 2’ ticket, which buys an additional place at The BIG Table for someone in the City suffering from food poverty.

To find out more about ‘Let’s Eat Glasgow!’ visit: www.letseatglasgow.co.uk

Co-operative Congress – How to now!

Gillian KirtonLast year CDS specialist advisor Jaye Martin reported on her successful visit to Birmingham for the Co-operatives UK-organised Congress, which focused on the theme ‘Co-operation: How?’ 

Twelve months on, Gillian Kirton made the same trip to the Midlands for Congress 2015. With the theme this year being ‘Co-operation: Now’, there were plenty of fascinating ideas up for discussion.

At last year’s Congress, delegates were urged to pitch their ideas on how to grow the co-operative sector. As you may expect, many innovative ideas were forthcoming and an action plan was born. I was therefore excited to attend this year and hear of the progress made by co-operators to deliver the plan.

Congress 2015 followed the same format as last year with five passionate pitches made in response to two topical questions:

  • How can co-operatives access more capital without members losing control?
  • What can co-operatives do to ensure they remain world leaders in addressing social and environmental challenges?

colourAs delegates, we were given the opportunity to vote for our favourite pitches on each topic – real democracy in action! The pitches were all well thought out and potentially impactful – I’ve summarised two below.

One pitch called for the UK’s 6,000 co-operatives to donate a percentage of their surplus to kick start the Enterprise Hub programme, which once provided advice and guidance to over 1600 co-operators. Mondragon co-operatives donate 3% of surplus while fellow co-operators in Emilia Romagna donate 10%.

There was a further suggestion that money raised by co-operative societies via the plastic bag levy should go towards this programme too. I suspect this approach would generate far more income than the fund had previously – which would be great news for the co-operative sector.

crowdThe second pitch looked to address the UK’s environmental challenges. While many co-operatives are already playing their part, some find it hard to implement changes or know what needs done.

The pitch called for the forging of alliances where expertise and knowledge could be shared, enabling the sector to collectively work on specific actions. An effective approach which could spark action from those co-operatives in need of a helping hand.

The resounding message from Congress 2015 was that both co-operation amongst co-operators and self-help are vital if we want to see these actions delivered successfully and the co-operative economy continue to thrive.

Innovation and how employee ownership can unlock it

eodayWith today marking Employee Ownership (EO) Day, we asked our EO ambassadors how important innovation is to growing your business and how EO can offer an advantage.

Here, a number of ambassadors from a range of sectors – including manufacturing, oil and gas, textiles and agriculture – offer us their thoughts on the subject.

Nick Kuenssberg, Scott & Fyfe: “Recent findings from an employee survey have confirmed the intuitive belief that a sense of ownership and a genuine understanding of and commitment to the revised innovation-led strategy would enhance performance and thus the longer term future of the company. In parallel a visit from an internationally respected textiles consultant in April said that he had been impressed by such an innovative and vigorous company. Simultaneous innovation and ownership change was perhaps a risk but it is already proving to be well worth taking.”

Alan Spence, Accord Energy: “At Accord, we believe that investing in people and giving them space to think outside the box not only benefits them but also the company. Over the past five years, our employees have developed and presented a number of new and exciting approaches to oil and gas allocation. Our innovative work has helped clients by improving their systems of allocation, while we have benefited through wider industry exposure, higher levels of activity and improved recognition and satisfaction for our engineers.”

John Housego, WL Gore: “Bringing a continued stream of innovative products is the only way to keep your business alive and fresh in the marketplace. The benefit of an employee owned business is large in this arena because of the increased engagement EO businesses often demonstrate with their teams. Innovation comes from passionate associates who can use their knowledge of the capabilities available and the culture to have their ideas more readily heard, and so leveraging a larger proportion of the team in innovation. That feeling of ownership and joint reward really helps this process.

Ralph MacLeod, Galloway & MacLeod: “When structured correctly, employee ownership can unlock innovators within the business and reward them correctly. This is having a huge impact – differentiating us from competitors, identifying new markets and improving margins for stakeholders and customers in a responsible and sustainable manner.”

Dick Philbrick, Clansman Dynamics: “Cynics predicted that in an employee-owned business there would be a cautious attitude to technical development. The cynics were wrong – 2014 was our busiest year for technical developments. Nothing is guaranteed in engineering but if there are problems the Employee Owners will bust the proverbial gut to fix them.”

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