Owning Plexus

Manifesto of an Employee-Owner

Owning Plexus

An Employee Stock Ownership Plan (ESOP) sounds great on paper, but how well does it work in practice? That depends on whether the company’s leaders embrace an ownership culture, trust their employee-owners, commit to big ideas, and make smart decisions.

In 2009, Scott Bradford was an employee-owner at Plexus Scientific Corporation, an ESOP that had gone badly awry. He tried to save it. He failed.

“Owning Plexus” was an unheeded warning—an effort to identify and solve the company’s problems before they became insurmountable. But while it may be too late for Plexus, it is not too late for other businesses to benefit from a renewed focus on a culture of ownership.

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Additional Information

Scott Bradford has been putting his opinions on his website since 1995—before most people knew what a website was. He has been a professional web developer in the public- and private-sector for over twenty years. He is an independent constitutional conservative who believes in human rights and limited government, and a Catholic Christian whose beliefs are summarized in the Nicene Creed. He holds a bachelor’s degree in Public Administration from George Mason University. He loves Pink Floyd and can play the bass guitar . . . sort-of. He’s a husband, pet lover, amateur radio operator, and classic AMC/Jeep enthusiast.