cooperative business intro power point

8/2/2019 Cooperative Business Intro Power Point

1/17

Dispelling the Myths and Inspiring the Vision


2/17

>>> Increase public awareness about cooperatives and their contributions to socio-economic development>>> Promote the formation and growth of co-operatives among individuals andinstitutions to address common economic needs and for socio-economic

empowerment

>>> Encourage Governments and regulatory bodies to establish policies, laws andregulation conducive to co-operative formation and growth.


3/17

A Collective?MAYBE

A group of entities that share, or are

motivated by, at least one common issue

or interest, or work together on a specific

project(s) to achieve a common

objective.

Not necessarily focused upon an

economic benefit or saving (i.e. activists

collective, sports team, hobby club)


4/17

A Collective?

Maybe.

A Commune?MAYBE.

An intentional community of people livingtogether, sharing common interests and

values, property, possessions, resources,

and, in some cases, work and income.

A commune may be legally organized as a

cooperative.


5/17

A Collective?

Maybe.

A Commune?

Maybe.

Socialism? YES.

Socialism is not a political system. It is an

economic system for distributing goods

and services.

Can co-exist within a capitalist market or

economy, and within a democratic political

system.

Based on the principle that the means of

producing goods and providing services

such as all factories and companies

should be owned publicly and controlled

and planned by a centralized organization

rather than being controlled by members

of a small class of wealthy people.


6/17

A Collective?

Maybe.

A Commune?

Maybe.

Socialism? Yes.Communism? NO.

A political system that espouses socialism

and puts its control into the hands of a few

the government. Cannot co-exist in a

capitalist market or economy.

Based on the principle that the means of

producing goods and providing services

such as all factories and companies

should be owned publicly and controlled

and planned by a centralized organization

rather than being controlled by members

of a small class of wealthy people.

No private capitol ownership, complete

collective ownership of all capitol by the

state.


7/17

A Collective?

Maybe.

A Commune?

Maybe.

Socialism? Yes.Communism? No.

Legal Business Entity?YES.

A corporation with perpetual life, limited

liability, and controlled by a Board of

Directors elected by its members.

Has certain structural characteristics andguiding principles that set it apart from

other corporations.

The biggest difference being that a

cooperative is member-oriented rather

than investor-oriented.


8/17

A co-operative is an autonomous association of persons unitedvoluntarily to meet their common economic, social, and culturalneeds and aspirations through a jointly-owned anddemocratically-controlled enterprise.

Operated according to values of

o self-help,

o self-responsibility,

o democracy, equality,

o

equity ando solidarity.

Values are put into action through a set of 7 principles.


9/17

1st Principle: Voluntary and Open Membership2nd Principle: Democratic Member Control

3rd Principle: Member Economic Participation

4th Principle: Autonomy and Independence

5th Principle: Education, Training, and Information

6th Principle: Cooperation among Cooperatives

7th Principle: Concern for Community


10/17

Beginning of the modern Cooperative movement coincides

with period of industrial and agricultural revolutions.

Period of invention ushered in factory production, and a

reduction in home-based production as the mass

production outpaced and undersold cottage industry

production.

Small farmers were driven from their land due to land

estate enclosures and aggregation accompanying

modernized cultivation and livestock grazing systems.

Widespread poverty, unemployment, and general social

deterioration followed in the wake.


11/17

The Rochdale Society of Equitable Pioneers

1844

..Known for providing high quality, unadulterated goods.


12/17

Quality Co-op For-profit Run their business in trustworthy manner 76% 61%

Have the best interests of customer in mind 74% 52%

Committed to providing highest quality service 77% 64% Provide products that are of high value 75% 70%

Can be counted on to meet customers need 79% 67%

Offer fair, competitive prices 77% 70%

National Cooperative Business Association (NCBA) and Consumer Federation of America (CFA)April 19, 2012


13/17

Worldwide, nearly one billion people are cooperativemember-owners and at least 100 million of them areemployed by co-ops.

In America, around 30,000 cooperatives exist, with nearly900,000 members.

93 million credit union member-owners control $920 billion

in assets.


14/17

Agriculture

o Production

o Marketing

Consumer


15/17

Service

o Finance

o Utilities

o Housing

o Insurance

Worker

o ~ 300 democratic workplaces in the United States, employing over

3,500 people and generating over $400 million in annual revenues.


16/17

I. Identifying an opportunity

II. Building consensus on potential for cooperative

III. Developing trust among potential members

IV. Securing member commitment

V. Involving other stakeholders

VI. Starting up the cooperative


17/17

The Evergreen Model

United States Steelworkers and Mondragon

National Cooperative Development Act of 2011

cooperative business intro power point

Documents