Good Governance

Course code

On completing this course you will understand:
• how historically all co-ops have used a governing document to ensure their co-operative is running well
• that many co-operatives also use codes of best practice to represent their different sectors
• the significance of the different roles members and directors in co-operatives
• that the role of governors isn’t just restricted to the directors of a co-operative
• the importance of co-operative values and principles in good governance
• exactly what is meant by corporate governance
• that corporate governance is as important in co-operatives as it is for any other business
• that co-operative businesses need to follow certain guidelines to ensure they are being effectively governed
• that many co-operatives use the ‘model rules’ for their ownership model when setting up their organisation
• that there are also different Codes of Governance for each co-operative ownership model
• how the roles and responsibilities within co-operatives are both specific, and unique when compared to other types of organisation
• the function of the Board of Directors, and process through which it is elected
• the importance of involving all members in the democratic process of within any co-operative
• the role of the Chair on the Board of Directors
• the role of the Secretary on the Board of Directors
• the role of managers within a co-operative
• the role of the Chief Executive
• the importance of co-operatives being aware of the possibility of governance problems
• the eleven common governance challenges for co-operatives

More Information
Rating 4.34
Rating number 21
Core Sector Retail, Funeral
Sub-sector Grocery, Sport
Skill Type/Topic Communication, Teamwork
Author Coop College

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