Cooperatives are organizations structured and managed according to seven guiding tenets established in 1844 and formally known as Rochdale Principles of Co-operation. This blog series explores each of these cooperative principles.
In many ways, a cooperative is similar to a community, with member-owners committed to the organization’s success electing its leadership and sharing in its financial success. It’s no surprise, then, that cooperatives are committed to their broader communities as well, which follow the seventh cooperative principle: Concern for Community. [Read more…]