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Unintended Consequences

Posted On: May 13, 2022 by Mike Mallaro in: Healthcare, Opinions

A frightening nationwide shortage of baby formula (and enteral nutrition supplies) is creating disruption and anxiety among the many people who rely on these products. On the surface it is another in a series of supply chain issues that seem to be everywhere these days. I see a parallel between baby formula and CPAPs and therein perhaps a different prism through which to view such issues.  The baby formula shortage originated after the FDA closed an Abbott formula production...
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Tags: CPAP, fda, formula, philips, supply chain, vgm


Celebrating ESOP Month

Posted On: October 29, 2021 by Mike Mallaro in: Employee Ownership, Social commentary, VGM, Work Culture

October is ESOP month.  An ESOP is an employee stock ownership plan that gives workers equity ownership in the company in which they work.  Our company, VGM Group, is a 100% ESOP, which means that all its stock is owned by our employees. There are 6,200 ESOP owned companies in the U.S., with about half of those being 100% ESOPs.   Employee-ownership was initially conceived by Benjamin Franklin as a fair way for workers to benefit from the value of their labor, a way for those...
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Tags: Employee ownership, ESOP Month, vgm