I have been very pleased with the work that the Foundation for Enterprise Development is doing to promote the study of employee ownership in universities and schools of business. I think this work will provide decision makers with the hard data that they need to understand that employee ownership can have positive effects on their bottom lines and stock price.

We are also supporting other initiatives in engineering and the sciences. I have included a photo of the University of Michigan J. Robert Beyster Computational Innovation Graduate Fellows accompanied by my daughter Mary Ann Beyster (center). Chih-Chun Chia (former fellow from 2012-2013) is on the left, and Katherine Sebeck, current fellow (2013-2014) is on the right.

Applications are being reviewed now to select next year’s fellow. I wish all the applicants good luck.

— Bob