October 6, 2014
As part of the second edition of the International Summit of Cooperatives, Oliver Wyman presents the study entitled Organizing for Effectiveness and Growth in Cooperative Financial Services: A Focus on the Americas, with the collaboration of the Institute.
The presentation will be followed by a discussion panel in which Inmaculada Buendía Martínez will participate. This study covers over 25 cooperatives in Canada, the U.S., Mexico, and Latin America and underscores the key organizational and hybrid levers that cooperatives should exercise to grow. Indeed, cooperatives can perform better by addressing the following key imperatives:
- Being conscious and deliberate about their purpose;
- Creating an organizational structure empowered for growth;
- Optimizing governance processes;
- Allocating resources for growth and effectiveness;
- Building a high-performance, entrepreneurial management model;
- Aligning their human capital – their employees and managers – with the growth agenda;
- Attending to the importance of informal organizational activities.