E297 That Great Business Show - She gave her company to the staff - Joan McCoy, White Ink Architects
That Great Business ShowShow Notes
She GAVE AWAY her company. To the staff.
No Silicon Valley gimmick. No kumbaya management retreat. No hippy dippy stuff. Just hardnosed business.
Just one brutally practical question: “Michael Smurfit regarded equity as blood… so why would you ever sell ? Conall Ó Móráin sits down with Joan McCoy of White Ink Architects — one of the leading voices in employee ownership across Ireland and the UK — to explain why businesses owned by staff often outperform traditionally-owned firms.
And then comes the jaw-dropper. In Ireland? It is often CHEAPER to sell your business to a foreign buyer than to your own employees. Madness.
This episode covers: • Why employee-owned firms often grow faster • Why staff suddenly start acting like owners • Why Ireland is behind the UK and Canada • Why ordinary workers getting wealth matters • Why architects are suddenly talking like economists • Why the Tánaiste may finally be waking up to this issue Plus: • Wolfgang Digital • John Lewis • ARUP • Housing chaos • Social housing economics • And the most Irish Department of Finance problem imaginable
Joan's 'hire in a heartbeat', Michael Keaveney, Director of Land and Acquisition at Grainger plc. She described him as someone with a very direct style who can “cut through the noise and really get to the crux of the matter”, particularly around housing viability, social housing economics, and having “the right conversations” about the real scale of the housing crisis.
This is one of those episodes that quietly changes how you think about business.
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