Results of studies to be revealed for the first time at the 2012 International Summit of Cooperatives

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• Publié par: international-summit-of-cooperatives
• Nombre de lectures: 11
• Langue: English

Extrait

Results of studies to be revealed for the first

time at the 2012 International Summit of

Cooperatives

PR Newswire

QUEBEC CITY, May 30, 2012

QUEBEC CITY

,

May 30, 2012

/PRNewswire/ --

The results of groundbreaking international studies will be revealed for the first

time at the 2012 International Summit of Cooperatives.

These studies document and expand what we know about cooperatives and

mutuals in economic and business terms. Very few studies have been done on

the cooperative movement, and this research establishes historic milestones in

the quantitative and qualitative analysis of cooperatives and their impact on the

global economy. The interest in the cooperative business model has grown due

to the financial and economic turmoil experienced in recent years and the

realization that cooperatives are remarkably resilient in hard times. The studies

will help demonstrate that this model is a solid, reliable solution to current and

future crises.

Six research groups will be presenting their results:

MCKINSEY & COMPANY

Major global trends, issues and challenges facing cooperatives and

mutuals

Identifies the trends most likely to affect the sectors of the economy where

cooperatives are particularly active. The study will outline how the competitive

landscape could evolve in the next five to ten years. It will show how those

changes could impact cooperatives' product offering and positioning in terms of

competitiveness and how the cooperative movement could benefit from it.

Development strategies for cooperatives and mutuals

The study focuses on three drivers of growth: market share gains, portfolio

positioning and mergers and acquisitions, to determine the winning practices

that help promote cooperative development and identify challenges.

Best management practices of cooperatives and mutuals

Based on the Organizational Health Index methodology and interviews with

more than 50 cooperatives, the study identifies the best management practices

by analyzing nine organizational processes: governance and management,

coordination and control, managerial leadership, accountability, employee

motivation, culture and climate, talent management, innovation and

commitment to stakeholders.

DELOITTE

Productivity, financing and capitalization of cooperatives

An exclusive survey of CFOs. Examines the impacts of the 2008 global financial

crisis and determines the key factors underlying capital requirements. It also

aims to define the challenges related to capital structure for cooperative

organizations and identify the solutions being used. The objective is to assess

the impact of the changes to accounting standards (IFRS) and regulations

governing the banking and insurance sectors (Basel III, Solvency II).

IRECUS

(Institut de recherche et d'éducation pour les coopératives et

mutuelles de l'Université de

Sherbrooke

)

Socio-economic impact of cooperatives and mutuals around the world

The objective of this study is to measure the socio-economic impact of

cooperatives around the world and their contribution toward improving the

global economy. This study will provide a better understanding of the success

and challenges of this business model by exploring how its cooperative identity

contributes to both.

IPSOS/UQAM (Université du Québec à Montréal)

The world's perception of cooperatives and mutuals

This qualitative study consists of discussion groups to gain an understanding of

how consumers in

Tokyo

,

Paris

,

Manchester

,

Buenos Aires

and

Quebec City

perceive cooperatives, and consequently help cooperatives identify ways to

promote their development as providers of goods and services.

The following partners will also present the results of their studies:

OLIVER WYMAN

Co-operative Bank: Customer Champion

An update of the study, published in 2008, will present the strengths and

challenges implicit in the cooperative model of banking, in particular in the

post-crisis landscape, and what they imply for supervisors and regulators. The

study will highlight the success of the stakeholder model (as opposed to the

shareholder model) and how it helps strengthen the wider financial system

through diversity. The study will also emphasize the need for plurality in setting

regulation across the sector, while illustrating the underpinnings and key

features of the model in a rapidly evolving and challenging environment.

PRICEWATERHOUSECOOPERS

A world map of the agricultural cooperative movement and its critical

issues

The objective of this study is to map the strength of the cooperative movement,

based on an international ranking of cooperative players compared to a

ranking of the major players in the private agrifood sector. Focusing on

Europe

,

the United States

,

Canada

,

South America

and

New Zealand

, the study explores

the major trends driving today's cooperative agricultural and agrifood sector.

Two themes are explored in depth: innovation strategies and access to

financing.

Summit site: http://www.2012intlsummit.coop

Twitter: Summitcoop2012

UN's IYC site: 2012 International Year of Cooperatives

Pre-Summit Event site: Imagine 2012

For further information:

Nathalie Genest: [phone] / [phone], ext. 7275 (

Canada

only)

[e-mail]