Get a paragraph that may put in PowerPoint Make introduction about good governance based on the article Explain the first and second dood governance Good governance Responsible and effective governance has been identified in the post-2015 process as an enabler for socio-economic transformation and the eradication of structural inequality, as well as an end in itself. The new development agenda provides the opportunity for societies to shift to a more just world, where resources are shared more equitably and people have a greater say in the decisions that affect their lives. Cooperatives have an important role to play in this process. First, one of the principles of cooperatives is democratic member control. The equal voting rights of cooperative enterprises, on the basis of one member, one vote, impart the necessary and legitimate representativeness to make them key actors in the social dialogue process especially in rural and informal economy settings. Good governance characteristics such as transparency, responsibility, accountability, participation, responsiveness to the people’s needs, and respect for the rule of law, are also features of the cooperative identity. Deeply rooted in the community they operate, cooperatives can empower people by enabling even the poorest segments of the population to participate in economic progress. Furthermore, by creating a platform for local development initiatives, they bring together a range of community institutions to foster opportunities for decent work and social inclusion. Cooperatives can be schools for practicing democracy first hand through participation and control. Second, cooperatives and cooperative members, in their dual role as stakeholders and owners or controllers, can provide an important voice in the global debate on governance and transparency. Strong and legitimate governance institutions, including social enterprises like cooperatives, are needed to ensure that the benefits of development are equally shared and sustainable over time. In Britain, for example, the retail cooperative movement has been concerned with social as well as economic aims since its origins. In more recent times, it has been an early supporter of the Fair Trade movement and of ethical banking. Some of the first adopters of the new Fair Tax Mark, to be awarded to companies that meet their corporate tax obligations fully and transparently, have included cooperatives and social enterprises. This does not mean that cooperatives automatically have good governance. Implementing the democratic decision-making model has sometimes been a challenge for cooperatives, with issues such as poorly defined property rights and membership apathy. Governance challenges are being countered by innovative responses, such as formulating codes of conduct for management boards in cooperatives. Case studies by the ILO’s COOPAFRICA technical cooperation programme confirmed that the institutional set-up of the cooperative model with its general assemblies, elected boards of directors, management committees and different controlling agencies is well-suited to make collective decision-making low in conflict and to a certain extent more predictable. Nonetheless, this often implies member education, deliberations and internal debate, as shown in the COOPAFRICA case study on fast-growing Rooibos cooperatives in South Africa. The ILO’s Recommendation 193 provides an international standard that has helped with re-vamping new cooperative laws and policies in ninety-seven countries around the world.

Get a paragraph that may put in PowerPoint Make introduction about good governance based on the article Explain the first and second dood governance Good governance Responsible and effective governance has been identified in the post-2015 process as an enabler for socio-economic transformation and the eradication of structural inequality, as well as an end in itself. The new development agenda provides the opportunity for societies to shift to a more just world, where resources are shared more equitably and people have a greater say in the decisions that affect their lives. Cooperatives have an important role to play in this process. First, one of the principles of cooperatives is democratic member control. The equal voting rights of cooperative enterprises, on the basis of one member, one vote, impart the necessary and legitimate representativeness to make them key actors in the social dialogue process especially in rural and informal economy settings. Good governance characteristics such as transparency, responsibility, accountability, participation, responsiveness to the people’s needs, and respect for the rule of law, are also features of the cooperative identity. Deeply rooted in the community they operate, cooperatives can empower people by enabling even the poorest segments of the population to participate in economic progress. Furthermore, by creating a platform for local development initiatives, they bring together a range of community institutions to foster opportunities for decent work and social inclusion. Cooperatives can be schools for practicing democracy first hand through participation and control. Second, cooperatives and cooperative members, in their dual role as stakeholders and owners or controllers, can provide an important voice in the global debate on governance and transparency. Strong and legitimate governance institutions, including social enterprises like cooperatives, are needed to ensure that the benefits of development are equally shared and sustainable over time. In Britain, for example, the retail cooperative movement has been concerned with social as well as economic aims since its origins. In more recent times, it has been an early supporter of the Fair Trade movement and of ethical banking. Some of the first adopters of the new Fair Tax Mark, to be awarded to companies that meet their corporate tax obligations fully and transparently, have included cooperatives and social enterprises. This does not mean that cooperatives automatically have good governance. Implementing the democratic decision-making model has sometimes been a challenge for cooperatives, with issues such as poorly defined property rights and membership apathy. Governance challenges are being countered by innovative responses, such as formulating codes of conduct for management boards in cooperatives. Case studies by the ILO’s COOPAFRICA technical cooperation programme confirmed that the institutional set-up of the cooperative model with its general assemblies, elected boards of directors, management committees and different controlling agencies is well-suited to make collective decision-making low in conflict and to a certain extent more predictable. Nonetheless, this often implies member education, deliberations and internal debate, as shown in the COOPAFRICA case study on fast-growing Rooibos cooperatives in South Africa. The ILO’s Recommendation 193 provides an international standard that has helped with re-vamping new cooperative laws and policies in ninety-seven countries around the world.

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter5: Managing Ethics And Social Responsibility

Section: Chapter Questions

Problem 1SGB

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