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Local Heroes: How Loch Fyne Oysters Embraced Employee Ownership and Business Success

By: David Erdal
Binding: Hardcover
Publisher: Viking
ISBN: 0670917540
ISBN-13: 9780670917549
Released: 05 Jun 2008
RRP: £14.99
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Customer Reviews

An amazing story beautifully told - By: P. A. Hunter, 25 Jun 2008
Local Heroes.
By David Erdal

A Review of the book by Peter A Hunter

In 1977 a company was formed at the head of Loch Fyne in Scotland that became Loch Fyne Oysters.
This book is the story of that company from its first tentative beginnings at the head of the loch to the internationallly recognised brand that Loch Fyne Oysters became.

"Local Heroes" begins at the beginning telling beautifully, with great humour, the story of the company's genesis against the backdrop of its founding characters & the glorious vistas of the Loch & the mountains.

But this story is more than just an engaging tale of the setbacks & determination of two struggling visionaries.

In February 2002 one of the Founders of the company, Johnny Noble, died. He had been a huge & loved character & left a void that had to be filled.

But how?

The answer to that question is the real story of "Local Heroes."
The real story of Loch Fyne Oysters is the story of how, after the death of Johnny Noble, David Erdal showed the employees of the company how they could buy & run the company for themselves, how Loch Fyne Oysters became entirely employee owned.
And the story does not end there.

Ownership is a concept that wears two hats, both very similar & frequently mistaken for each other.

The first hat is physical ownership & is the first part of David's strategy.
How to transfer the nuts & bolts of the company to the names of the employees.
This is a physical process which ultimately changes the names on the title deeds.

The second hat is the way that people feel about what they do.

Changing the physical ownership of the company does not necessarily change the way that the workforce feel about what they do, having their names on a piece of paper does not give them ownership. The second half of the story is about what changed in the way that the company was run that alllowed the workforce to take ownership.
What happened at Loch Fyne Oysters that alllowed the workforce to change the way that they felt about what they did, to take ownership.

In this story of ownership & success are lessons that can be applied in any business, anywhere, to change the way that the workforce feel about what they do.

This is an amazing story beautifully told, filled with passion & lessons that work in any organisation.

Peter A Hunter
www.BreakingtheMould.co.uk