ESOP at GUY
GGOB at GUY
Getting cultural
Financial Terminology
GUY Governance
100

Meaning of ESOP

Employee Stock Ownership Plan

100

The practice of communicating with employees via the numbers

What is Open Book Management?

100

Number of GUY offices

What is two?

100

Using past financial performance and current conditions to predict future company performance

What is forecasting?

Forecasting helps us 

100

Number of shareholders who own GUY stock

What is 2? 

Rebecca owns 255 shares (51%) and the ESOP Trust owns 245 shares (49%). ESOP members own equity in the Trust - they do not own shares of stock.

200

What came first at GUY: ESOP or GGOB?

What is ESOP?

GUY became an ESOP in 2013 when Julie Guy began to move toward retirement. GGOB came later to help employees learn to think and act like owners.

200

Fun way to correct a weakness, develop new habits, or pursue opportunities. 

What is a Mini-Game or Micro-Game?

Mini-games are company wide while micro-games are for individuals, teams, or departments. 

200

GUY has been in business since...

What is 1987?

200

GUY's critical number

What is PBT (profit before taxes)?

200

Group that directs the ESOP Trustee how to vote ESOP shares

What is the ESOP Plan Committee?

Members of the ESOP Plan Committee are Rebecca Alvarez, Aaron Peck, Michael Twyman, Pete Ellis, Brandon Travers, and John Blickensderfer.

Pete is also the ESOP Trustee.

300

Way GUY follows the action and keeps score

What is a Huddle?

GUY has financial huddles every other week, when we forecast revenues and expenses for the current and next month. 

300
Measures a company's financial performance over a specific accounting period.
What is Income Statement/Profit and Loss?
300

Group that appoints the ESOP Plan Committee and ESOP Trustee, hires the President, and establishes corporate bylaws

What is the Board of Directors? 

Members of the Board of Directors are Rebecca Alvarez, Michael Twyman, Aaron peck, Pete Ellis, and Brandon Travers.

400
Name one of the three (3) principles of the GGOB
What is Know & Teach the Rules? What is Follow the Action and Keep Score? What is Provide a Stake in the Outcome?
400

Money owed by a company.

What is Accounts Payable?

400

Person who has daily control over the company based on authorities delegated by the Board of Directors

Who is the President (Rebecca Alvarez)?

500

Way GUY provides a stake in the outcome

What is the bonus plan?

500
Pertains to amounts on a balance sheet that are posted to the income statement in increments over time, also known to some as "pots"
What is an Accrual?
500

Name one of the four circumstances when ESOP members vote

What is relocate the company, buy a company, sell a company, or make a major purchase that has a significant impact on the financials

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