Shows
Bicycle For The EO MindWhy a Bay Area IT Firm Made the Transition From Owner-Operated to Worker-Owned to Secure Its FutureMeet Jerry Skomer, founder of Alternative Technologies, an IT and telecom services company that supports Bay Area nonprofits and progressive businesses. Jerry faced a crucial challenge: how to preserve the company’s values, protect employees’ jobs, and ensure continued community service. His solution? Transforming Alternative Technologies into a worker-owned cooperative. The transition wasn’t easy—COVID-19 included, Jerry financed a third of the sale, structured an earnout over six years, and retained management hiring control for three.In this episode, you’ll hear about:Balancing Agility and Risk AversionTrusting the ProcessThe Role of a Task ForceShari...2025-03-1246 min