Date post: | 12-Nov-2014 |
Category: |
Documents |
Upload: | paramjit-sharma |
View: | 1,805 times |
Download: | 1 times |
COOPERATIVE GOVERNANCE
BASIC OBJECTIVE OF COOPS
IF THE OBJECTIVE GETS VITIATED; SO WOULD BE THE GOVERNANCE
TO FULFILL MEMBERS SOCIAL,ECONOMIC AND CULTURAL NEEDS
Global Challenges
Globalization
Accounting Scandals
Poor Corporate Governance
COOPERATIVEGOVERNANCE
COOPERATIVE GOVERNANCE REPRESENTSA DEMOCRATIC SYSTEM OF MANAGEMENT,
WHEN THEEXERCISE OF AUTHORITY I S DERIVED
FROM ITS MEMBERSHIP
STAKEHOLDERS OF COOPS
GOVT PUBLIC
MEMBERS CUSTOMERS
EMPLOYEES
• PROFESSIONAL GOVERNANCE
• COOP VALUES AND PRINCIPLES
• STRONG CAPITAL BASE
• IT INTERVENTIONS
Characteristics of SUCCESSFUL COOPERATIVES
GOVERNANCE REQUISITES
TRANSPARENCY PARTICIPATION
ACCOUNTABILITY PREDICTABILITY
TRANSPARENCY
ACCOUNTSINTEREST OF DIRECTORSMATERIAL INFORMATIONDECISIONS OF PUBLIC INTERESTLOW COST ACCESS TO INFORMATION
TransparencyTransparency is the availability and accessibility of information on
• decisions taken by Management - and the information leading to those decisions
• services provided by the Management
- and the quality of those services • procedures for transacting with the Members/Customers • actions taken by functionaries • works undertaken and their quality
ACCOUNTABILITY
TO MEMBERSCUSTOMERSGOVT.PUBLIC AT LARGEORGANISATION
ANSWERABILITYCONSEQUENCES
Stake
Holders
PARTICIPATION
INVOLMENT OF
MEMBERS
DIRECTORS
USERS
PREDICTABILITY
COOPERATIVE LAWCOOPERATIVE POLICYBYE LAWS
CLARITY IN
Governance Models
ELECT
MGT
EXECT
MGT
Elected
Management
Exect. Mgt
1
Governance Models
ELECT
MGT
EXECT
MGT
Elected
Management
Executive. Mgt
1A
Governance Models
2Elected Executive
Cooperative Governance-keys to success
Keep The members Informed & InvolvedMaintain Good Board-Management RelationshipConduct business like MeetingsFollow sound Business PoliciesUse Advisers for DevelopmentsForge Links with Other CoopsStrengthen Internal CapitalFollow coop Values & Principles
UndemocraticLoss makingPoor reservesPoor capital
Poor disclosure Concentration of power
High manpower turnoverPoor audit
Poor reportingPoor participation
Poor liquidityNepotism
Unprofessional
RUPEE BANKMADHOPURANAGPUR BANKKRUSHI BANK
T N –no election
TN-wine trade
Election Board Accountability
GOODGOVERNANCE
•MULKANOOR
•IFFCO
•BUTTI WEAVERS
•WARNA
•AMUL
•COSMOS BANK
•SARASWAT BANK
•DOABA BANK
•POTATO SOCIETY
•MARKFED
INFOYSISTELCO
COOPERATIVE DILEMMA
COOPERATIVES
CREDIBILITYMANAGERIAL
FINANCIALUNPROF’LISM
POLITICSLESISLATION
VIABILITY
COOPERATIVE DILEMMA
GOVT. SUPPORT COOPERATIVES
LOANS
CAPITAL
GRANTS
SUBSIDIES
CREDIBILITYMANAGERIAL
FINANCIALUNPROF’LISM
POLITICSLESISLATION
VIABILITY
QUALITY
TIME
POLICIES
I’FERENCE
COOPERATIVE DILEMMA
GOVT. SUPPORT COOPERATIVES MARKET FORCES
LOANS
CAPITAL
GRANTS
SUBSIDIES
CREDIBILITYMANAGERIAL
FINANCIALUNPROF’LISM
POLITICSLESISLATION
VIABILITY
COM,TETIONINNOVATION
CHANGESPROF’LISMFINANCE
CONF’TIONS
QUALITY
TIME
POLICIES
I’FERENCE
e-governance