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Take a piece of the pie with this business approach April 2, 2012

Posted by John M McKee in "John M McKee", Action Plans, American Dreamers, Business, Business Success Coach, Canada, Career Wisdom, Coaching, executive coach, leadership coach, business consultant, career advice, Gen Y's, Job advice, Notes for Business, quality of life, The 3 Key Life Aspects, The Four Windows Process, Women.
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Today’s situation calls for some old ideas.

Consider:

  1. The economies of many countries are battered and bruised by recent events.
  2. Many individuals, formerly employed and making a good living, are having a tough time.
  3. Others, particularly millennials (born between 1980 and 2000) with energy and a good education, aren’t able to get a job.
  4. Organizations, strapped for cash, are unable to create the new, innovative products needed to compete.
  5. Communities in many areas are not able to maintain necessary services and upkeep. Staffing of must-have services like fire and police departments are seeing budgets slashed.
  6. Governmental bodies/elected officials don’t seem up to the needs of the job.
I speak to people around the world each week – most tell me that things are tough. Some report that markets are tougher than they’ve ever seen. Even in the so-called BRIC countries (originally Brazil, Russia, India, China – now expanded to South Africa) things seem to be going off the rails.
It’s time to revisit some old ways of doing business to get things moving again. I’m talking about ideas born in earlier tough times – back when it looked like the good times were gone forever.
Here’s one that I think has long legs, it’s an approach that can work now in different cultures and economies. It’s succeeded in environments as diverse as Winnipeg, Canada, a small town in California, and Mondragon, Spain.
The idea?  The Co-op.
For those of you not familiar with co-ops – Wikipedia defines them as,  “an autonomous association of persons who voluntary cooperate for their mutual social, economic, and cultural benefit. Cooperatives include non-profit community organizations and businesses that are owned/managed by the people who use its services (a consumer cooperative) and/or by the people who work there a worker cooperative.”
  • In Mondragon, a web of co-operatives manages that country’s 7th largest business.
  • In Manitoba, the provincial government has promoted the establishment of new co-ops to help build that economy into its most vibrant in decades.  When I was there recently I was impressed with lower gasoline prices and service people while filling up my rental car.
  • In California, the success of co-ops can be seen in programs initiated by the Mayor of Richmond who has promoted the idea to create new organizations and employment opportunities in a place that is facing little new income or growth otherwise.
The US has a history of cooperative movements, many economists contend that this idea saved the lives of individuals, towns and organizations during the 1930s.  The benefits include new employment opportunities, revitalization of communities and downtowns, greater self-respect for workers and management, and a highly engaged workforce who can compete toe to toe with any individual or any organization.
Could you use a break?  Ready to try something old? Check out co-ops.
Here’s to your future!
John
Executive leadership coach
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Comments»

1. bondwood80567 - April 8, 2016

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