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Values make a difference

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A Company an association of capital a coming together of money ... Live up to the challenge set by Robert Owen and the Rochdale Pioneers ... – PowerPoint PPT presentation

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Title: Values make a difference


1
Co-operative Trust Schools
Values make a difference in business Russell
GillHead of Membership the Co-operative Group
2
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

3
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

4
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

5
Co-operative Values in Action
  • Live up to the challenge set by Robert Owen and
    the Rochdale Pioneers
  • A sustainable business model?

6
Virtuous Circle
Social Goals
Competitive Advantage
Commercial Success
7
For the Co-operative Group
  • Voted UKs most ethical brand two years running
  • Queens 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
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