Employees as Partners: Is the Time Right at Umsinsi Health Care?

Description

Employees as Partners: Is the Time Right at Umsinsi Health Care?: Abstract

Ever since she had started Umsinsi Health Care (Pty) Ltd in South Africa in November 2008, Amanda Wilde’s vision had been to place the company, which distributed medical devices, in a trust for all of her employees. When this happened, they would become full partners in the company. However, by August 2013, Wilde was still the sole guardian of the Umsinsi Partnership Trust. She had postponed transferring the trust to her employees until the business was financially stable. With financial stability achieved, Wilde was now concerned whether her employees were ready to take on the responsibilities that came with the benefits of being full partners.

Teaching objectives

To enable learning about alternative, employee-centred business models.