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7th Sep, 2016

Connecting the Dots: Strategic Board Leadership in Action

By |2023-05-05T20:06:52-04:00September 7th, 2016|

By Thane Joyal 185 July-Aug 2016 The future is unknowable. Or is it?  Courageous leadership relies in large measure on wise choices. In his entertaining novels, Robert Parker often references the military strategist Clausewitz for the proposition that you should “plan not for what you think your enemy will do, but rather for what your enemy can do.” Wise leadership, in other words, requires [...]

1st May, 2014

Articulate Co-op Purpose and Meaning through Strategic Leadership

By |2023-05-05T20:30:10-04:00May 1st, 2014|

What would happen if everyone in a whole community understood their role in achieving a common purpose? It’s not hard to imagine that lots of really positive things could be accomplished, some of them beyond our wildest dreams. That’s why it is critical to the success of a cooperative that everyone has a role in determining the co-op’s future. One of the fundamental differences [...]

4th May, 2016

Good Reporting: Helping boards understand workplace conditions

By |2023-05-05T20:28:41-04:00May 4th, 2016|

By Michael Healy 184 May-June 2016 Co-ops bring to life their member-owners’ common values, and for most co-ops these include a desire for the co-op to be a great workplace. In the event that your co-op’s board of directors hears employees assert that something is amiss in the workplace, how will the board react? One end of the range of options often involves the [...]

30th Jan, 2016

Complaints and Operational Concerns: How Directors Can Respond Effectively

By |2024-11-05T19:37:51-05:00January 30th, 2016|

By Michael Healy 182 January-February 2016 As a director, you may notice or hear things about your co-op that may be cause for concern—or are at least worth asking about. How can you respond in a way that honors your sense of responsibility, your board’s clear delegation to the general manager (GM), and your GM’s professional judgment? Here is an approach that opens [...]

15th Jul, 2014

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

By |2023-05-05T20:07:57-04:00July 15th, 2014|

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 [...]

2nd Dec, 2013

New Resource: Field Guide—Patronage Dividend: Presenting GM Recommendations

By |2023-05-05T20:30:44-04:00December 2nd, 2013|

One of the key moments in a co-op’s business cycle comes at the end of a fiscal year when it becomes clear how much profit the co-op has generated that year. At that time, the co-op’s board needs to decide how much of that profit will be allocated as patronage dividends, how to divide that dividend between cash returned to members and savings held [...]

17th Mar, 2012

Measuring Ends, Telling Our Story

By |2023-05-05T20:33:18-04:00March 17th, 2012|

By Michael Healy 159 March - April - 2012 Why does the work of measuring the co-op's accomplishments and telling the co-op's story matter? Cooperative enterprises build a better world. This tagline for the 2012 International Year of Cooperatives says so much with so few words. These few words can lead us to ask many compelling questions, among them: What does that better world [...]

1st Nov, 2011

Elections

By |2023-05-05T20:33:39-04:00November 1st, 2011|

Was your last Board election a thoughtful exercise in democracy in which members chose a well-qualified set of directors that add value to the Board and to the co-op? More than anyone else in the cooperative, the Board itself is responsible for ensuring that the answer to this question is “Yes!” Elections should be neither mundane nor contentious, but should honor and reinforce the [...]

21st Feb, 2010

A Recipe for Good Board Meetings

By |2023-05-05T20:21:52-04:00February 21st, 2010|

By Michael Healy 146 January - February - 2010 Here it comes again: the monthly board meeting. You’ve figured out child care for the fourth Monday of every month, that version of parental Olympics where Mom runs out the door as Dad runs in. A fellow director has given up the bowling league because it conflicts with the board meeting schedule. Each director has [...]

15th Mar, 2008

Budgets: The Board’s Plan for Governance Investment

By |2023-05-05T20:22:24-04:00March 15th, 2008|

By Michael Healy 135 March - April - 2008 The board of directors fulfills an essential governing role in a cooperatively owned, democratically controlled business. Few assets are more valuable to a cooperative than a board that functions well, learns what it needs to do its job expertly, and provides excellent leadership. Providing that excellent leadership requires expertise, and developing expertise requires investment. In [...]

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