Sarah Lebherz passionately stewards the cooperative business model as a seasoned cooperator with deep roots in her home town. Equipped with years of financial management and expansion project expertise, she has found fresh purpose in pro forma and budget development with colleagues at Columinate.
Ari Derfel has been advocating for natural and organic foods for the past few decades. He’s been translating his personal values of sustainability and food justice into business practices.
Tamah Yisrael, an energizing and experienced new member of the Columinate team, connects and organizes the community. Thanks to her work as a co-op board member, start-up co-op leader, comptroller, chief financial officer, loan officer, musician, and education/outreach coordinator, Yisrael is invested in figuring out new solutions to old problems from within her community. “The ultimate work is power shifting. What is the path towards shifting power—does it look like cooperatives, does it look like strategies that include cooperative values and principles? I’m happy to offer part of the solution,” says Yisrael.
Enrollment for Columinate's Financial Training for Directors is open! This will be the last session of this series in 2022, and we'd love to see you there. Monitoring the financial health of the organization is often the most intimidating responsibility assigned to co-op directors—but it doesn’t have to be! This training “covers the most important and critical aspects of co-op finances in a thoughtful, easy-to-understand manner,” explains Dave Olson, senior director of retail support at National Co+op Grocers. “Whether [you] just need a refresher or are entirely new to financial concepts, this virtual series can empower [you] to understand and participate in financial conversations with confidence.”
Since its launch in the summer of 2021, the Columinate Compensation Database has gathered a wealth of data on management compensation in food co-ops.,The database covers not only general managers, but also managers on every level, from members of senior leadership teams to department managers in multi-store co-ops. As I hope this update will make clear, the more that co-ops participate and provide data, the more useful the database becomes to everyone.
How can co-op operations leaders begin to be innovative about what it will take to manage finances wisely during and after the COVID-19 pandemic – whatever “after” will look like? No one can accurately predict what the future of the co-op grocery world will look like, but Columinate consultants are on the leading edge of figuring out what can stay the same and what [...]
Financial health is the backbone of a successful co-op. Like every other part, it’s twisting and turning during the current pandemic. “Things are changing really fast,” says feasibility and project development consultant Don Moffitt. “I’m not sure that anybody knows exactly what they need to be doing right now.”
This chatinar will focus on pinpointing opportunities for operators to work with finance team to resolve issues in their financial performance and achievement. Audrey Griffin and Wynston Estis will share the simple matrix they’ve developed that identifies relationships between the administrative, operations and finance departments and where the strength and crossover of those relationships can overcome challenges, optimize processes and produce successful outcomes.
It seems like many co-ops are either in the middle of, just finished, or are about to start a project. And all of those projects need adequate capital to be successful. Raising money from co-op owners has become a standard component of project capitalization and the amounts co-ops are raising has been growing.
By Melanie Reid Co-ops continue to face an increasingly tough marketplace. Competition for employees is as tough as it is for food dollars. One strategy for attracting and retaining talented and passionate staff members is to build a culture of strong employee engagement. Open Book Management (OBM) has the potential to contribute to higher staff satisfaction, improved engagement, increased accountability, and strong communication. Inviting staff [...]
