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CBC November After 5 Event

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Tuesday, 28 November 2017 from 5:30 pm to 7:30 pm (AEDT)

CBC November After 5 Event

Ticket Information

Ticket Type Sales End Price Fee Quantity
Member 28/11/2017 $25.00 $1.78
Non-Member 28/11/2017 $45.00 $2.33

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Event Details

MY EMPLOYEE BUY OUT

Robert McMaster- Former Founder & Managing Director, C-Mac Engineering
Management and employee buyouts (MEBO’s) or employee buy outs (EBO’s) have been common place in certain countries around the world namely the United States, Britain and Western Europe for decades. Here in Australia they are not as well understood.
A MEBO is a restructuring that involves managerial and non-managerial employees buying out a firm in order to concentrate ownership into a small group.
There are a number of benefits to employees for taking ownership of their place of employment including:
• The business continues to operate and they retain their jobs
• Staff are more motivated to strive for the success of the business
• This results in higher productivity and better products
• Reduced waste and lower turnover of staff
• Happier working environment
• Staff taking more pride in their work
Robert McMaster, a former member of the Chamber, was the Founder and Managing Director of a sizeable engineering company at Girraween called C-Mac.
He decided it was time to retire and rather than shut the place down he opted for the MEBO alternative.
Robert is going to tell us his journey and maybe you will discover a succession plan alternative for your business in the future.
TEN TALKS
John Howard – Smoothstream Business Intelligence
John Howard is a Business Intelligence Analyst. With his understanding of software and his own Spreadsheet Modelling System he can turn data into information which businesses need in order to grow and better service their customers. He has changed tasks which took days into mere seconds and dramatically reduced business overheads.
Senani Gunasekera – Universal Technology Solutions
New member! UTS is a Teletrac Navman authorised dealer and specialises in technology used in the road transport and other sectors including satellite communications, GPS tracking, safety analytics, job dispatch and IAP service.
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When & Where


Smithfield RSL Club
Cumberland Highway
Smithfield, NSW 2164

Tuesday, 28 November 2017 from 5:30 pm to 7:30 pm (AEDT)


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CBC November After 5 Event

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