Understanding the unique aspects of the cooperative business model better prepares directors to lead organizations with purpose, not profit, at their core. Course participants will explore the cooperative principles and define how they provide a competitive advantage for today’s co-op organizations.
Key Topics
- Describe the role cooperative business enterprises play in the world’s economy.
- Distinguish the cooperative business model from other business models.
- Articulate the seven cooperative principles and how those are applied in today’s electric cooperatives.
- Understand the history of electric cooperatives –how and why they were created; the challenges they have overcome through the years.
- Be able to identify future challenges facing electric co-ops and the cooperative business model.
Director Competencies Covered in the Course
Policy Development
Establishes policies that provides guidance and sets expectations for performance.
Cooperative Principles and Practices
Demonstrates an appreciation of the cooperative business model and a commitment to cooperative values.
Community Engagement and Communication
Places the cooperative in a collaborative position for maintaining and growing healthy communities.
Member Focus
Focuses on the needs of members.
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