Monthly Archives: July 2014

Fostering Belonging

Dale Woodbeck, General Manager Lakewinds Food Co-op, Chanhassen, Minnetonka, & Richfield, MN   Mr. Woodbeck shares the story of Lakewinds Food Co-op's success fostering a sense of belonging among its stakeholders by way of a branded loan program that has directly helped dozens of small local farmers in the region to thrive. Includes a short but moving video clip of those that have been touched [...]

Context Matters: Using Trends to Monitor the Financial Health of your Co-op

By Michael Healy When it comes to numbers and data, context matters. The context in which we place particular numbers helps us make meaning of those numbers, and this is particularly important when we are talking about financial data. Over many generations, managers and accountants have developed financial reporting tools that help them do their jobs. Balance sheets, income/expense (aka profit/loss) statements, and cash-flow [...]

Minimizing the Risk of Fraud

By Thane Joyal, Mark Goehring 173 July - August 2014 Loss prevention is a key piece of the retail grocery business. Co-op managers are aware of this at their level and manage against it every day, but everyone in the cooperative needs to pay attention to the possibility. Board members: don’t be complacent. There are myriad ways to steal from a grocery store: at the [...]

CDS Consulting Co-op Wins Innovation Award at CCMA

The members of the CDS Consulting Co-op were deeply honored and humbled by the Howard Bowers Fund Award for Cooperative Innovation and Achievement bestowed on CDS CC at the Consumer Co-op Managers Association conference in Madison, Wisconsin, this past month. It is certainly gratifying to be recognized for the programs we instigated, like Cooperative Board Leadership Development (CBLD), Four Pillars of Cooperative Governance, and [...]

Great Idea: Using Trend Data in Financial Reporting

  Along with the template Financial Conditions policy, in the CBLD Library you can find an easy to use monitoring report template that reflects the trends approach outlined in this article. When it comes to numbers and data, context matters. This is particularly important when we are talking about financial data; the context in which we place particular numbers helps us make meaning of [...]

Featured Video: Fostering Belonging

  Fostering Belonging Dale Woodbeck, General Manager Lakewinds Food Co-op Chanhassen, Minnetonka, and Richfield, Minnesota Dale Woodbeck shares the story of Lakewinds Food Co-op’s success fostering a sense of belonging among its stakeholders through the Lakewinds Organic Field Fund. The fund gives assistance to farmers producing organically and to farming organizations providing sustainable agricultural support. “This is something that resonates totally with our owners,” [...]