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The EMI Scheme: Incentivising Long-Serving Employees
Manage episode 461286250 series 3638634
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Nick Morgan, Group CEO of We Group, shares his experience with building and exiting multiple businesses. He discusses his background and the different agencies he has been involved with, including bars, pubs, and a distressed agency. Nick also talks about the three agencies within We Group: an independent events company specialising in festival production, The Fair, creative placemaking We Are Placemaking and event operations / health and safety We are OPS. He emphasizes the importance of transparency and setting benchmarks for growth, as well as the value of building a strong leadership team. Nick also touches on the EMI scheme he has implemented and the potential acquirers for We Group.
- Nick Morgan has built and exited multiple businesses, including bars, pubs, and a distressed agency.
- We Group consists of three agencies: The Fair, Ops, and We Are the Fair.
- Transparency and setting benchmarks for growth are important in building a successful business.
- A strong leadership team is crucial for managing the day-to-day operations and allowing the CEO to focus on strategic planning.
- The EMI scheme implemented by We Group incentivizes long-serving employees with vested shares.
- Potential acquirers for We Group include promoters and large agencies looking to expand their services.
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