Valloop, a Manchester-based company, that supports SMEs in becoming employee-owned, has partnered with GFT to design, build and support a digital platform that aims to automate and accelerate the processes to inclusive ownership for businesses.

The essence of employee ownership is encapsulated in the concept of 'voice'. When employees are encouraged and empowered to speak up, share ideas, and participate in decision-making processes, they develop a deeper emotional and psychological investment in the company.

The World Economic Forum annual conference continually sets the stage for crucial themes that shape the future. 2024 sees two prominent themes take centre stage: "Creating Growth and Jobs" and "AI Technology as a Driving Force for the Economy and Society."

This is very refreshing and great to see we’re are aligned with these pivotal WEF themes.

Business owners often find themselves at a crossroads when it comes to the future of their companies. One traditional path has been to sell the business to a trade buyer or an external investor. However, an alternative approach is now gaining traction – employee ownership. This model offers a viable exit strategy and comes with many benefits for business owners.  

Transforming the process of employee ownership online can bring a host of benefits to employees and business owners. In a digitally led world, leveraging technology and AI will not only enhance efficiency and accessibility but also drastically scale small to medium sized businesses (SMEs) transition to employee co-ownership.