Values make a difference in business Russell Gill Head of Membership the Co-operative Group...
-
Upload
meryl-lindsey -
Category
Documents
-
view
217 -
download
0
Transcript of Values make a difference in business Russell Gill Head of Membership the Co-operative Group...
![Page 1: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/1.jpg)
Values make a differencein business
Russell GillHead of Membership
the Co-operative Group
Co-operativeTrust
Schools
![Page 2: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/2.jpg)
The Conventional Model
• A Company – an association of capital – a coming together of money
• Purpose – to provide a financial return to its investors• Not immoral – a logical place to invest• But amoral – values have a place only if they help the
bottomline
![Page 3: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/3.jpg)
A Co-op – A Different Kind of Business
• An Association – a coming together – of people to meet a need they have in common
• Shared Co-operative Values– Self help– Self responsibility– Democracy– Equality– Equity– Solidarity
![Page 4: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/4.jpg)
Co-operative Values in Action
• Treating members EQUITABLY by how we share our profits
• Taking RESPONSIBILITY for the impact of our business by addressing the challenge of climate change
• Operating a business which is DEMOCRATICALLY controlled by its members
• Championing Fairtrade, showing SOLIDARITY with producers from the Developing World
![Page 5: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/5.jpg)
Co-operative Values in Action
• Live up to the challenge set by Robert Owen and the Rochdale Pioneers
• A sustainable business model?
![Page 6: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/6.jpg)
Virtuous Circle
Social Goals
Competitive Advantage
Commercial Success
![Page 7: Values make a difference in business Russell Gill Head of Membership the Co-operative Group Co-operative Trust Schools.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697bfb71a28abf838c9eeb1/html5/thumbnails/7.jpg)
For the Co-operative Group
• Voted UK’s most ethical brand two year’s running• Queen’s Award for Enterprise for Sustainability• Record profitability• Record distributions to members, employees and the
community
• A business which shows that putting ethics – co-operative values – people first really pays