Forward Impact

InnovateNC, Institute for Emerging Issues, Wilmington
NC State

A new initiative to help spark innovation across the state will focus on five cities.  The announcement was made Friday at NC State's Hunt Library.

“Next up we have Greensboro!  Come on up Greensboro!” shouted Christopher Gergan, CEO of Forward Impact.

Gergan helped make the "InnovateNC" announcement.

Publix is one company with an employee stock ownership plan.
Mike Kalasnik / Flickr Creative Commons

In many workplaces, "the boss" is a board or group of investors.

But in a growing number of businesses, employees are taking ownership. Some use an employee stock ownership plan, or ESOP, and others use a cooperative structure.

 For companies like Southwest and Publix Super Markets, employee engagement is critical because employees are the bosses. The structure can also offer tax incentives.