The co-operative method of management is modelled after participatory democracy: depending on their size, co-operative members not only vote for their board members or representatives but directly participate in the management and decision-making process of the organization.
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Problems and Purpose
According to Co-operatives UK, businesses, groups or organizations which embrace the co-operative model "are run not by institutional investors or distant shareholders, but by their members." The co-operative method of business management is modelled after participatory democracy: depending on their size, co-operative members not only vote for their board members or representatives but directly participate in the management and decision-making process of the business. [1]
Co-operatives grew out of socialist thought which sees the worker as increasingly abstracted and removed from the products of their work. In contrast, "as businesses owned and run by their members, co-operatives offer a solution to the growing sense of powerlessness people feel over business and the economy, giving them control of the businesses they are closest to - whether they shop at them, work at them or supply them." [1]
Origins and Development
Participant Recruitment and Selection
How it Works: Process, Interaction, and Decision-Making
Influence, Outcomes, and Effects
Analysis and Lessons Learned
See Also
Mondragón Co-operative Corporation
References
[1]. https://www.uk.coop/about/what-co-operative
External Links
http://reconomy.org/the-potential-of-the-co-operative-business-model/
https://www.researchgate.net/publication/235432100_Co-operative_Enterprise_A_Unique_Business_Model