Upload
sophia-cox
View
214
Download
0
Embed Size (px)
Citation preview
Willy Robinson, iNova Credit Union November, 2005
Willy Robinson, iNova Credit Union November, 2005
Sales and Assets—Caja Laboral
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
1983 1993 2002 2003
Sales(MofEuro)
Assets-Caja
Willy Robinson, iNova Credit Union November, 2005
Jobs 1983-2004
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
1983 1993 1998 2004
Jobs
Willy Robinson, iNova Credit Union November, 2005
Basque Flag
Willy Robinson, iNova Credit Union November, 2005
José María Arizmendiarrieta
Willy Robinson, iNova Credit Union November, 2005
José María Arizmendiarrieta
“Despite being an unverifiable hypothesis, all of us at MCC share the firm conviction that without his (Jose Maria’s ) influence, the so-called Mondragón co-operatives would never have been formed.”
Willy Robinson, iNova Credit Union November, 2005
1943— Set-up Polytechnic School
1956—set-up Ulgor 2005—Spain’s 7th largest corporation
MONDRAGON
Willy Robinson, iNova Credit Union November, 2005
"To build cooperativism is not to do the opposite of capitalism as if this system did not have any useful features... Cooperativism must surpass it, and for this purpose must assimilate its methods and dynamism.“
José María Arizmendiarrieta
Willy Robinson, iNova Credit Union November, 2005
Ten Basic Principles
1. Open membership2. Democratic organization3. Worker sovereignty4. Instrumental or subordinate
nature of capital5. Participation of management
Willy Robinson, iNova Credit Union November, 2005
Ten Basic Principles (cont’d) 6. Wage solidarity 7. Co-operation between co-ops 8. Social transformation 9. Universal nature10. Education
Willy Robinson, iNova Credit Union November, 2005
Employee PictureEmployee capital account• One times salary• Adjust CPI• BonusesEmployee remuneration• Fair wage and 80%-110% of pay• 7.5% on average interest on investmentParticipation• Training and Social Council
Willy Robinson, iNova Credit Union November, 2005
Organizational Structure
Willy Robinson, iNova Credit Union November, 2005
Pre-profit Allocation
• 15-40% to sectoral group
• 10% investment in MCC
• 2% education fund
• 2% losses fund for group
• 21% corporate taxes
Willy Robinson, iNova Credit Union November, 2005
Profit Allocation
• 10% Basque government for education
• 45% retained in co-operative
• 45% to employees capital account
Willy Robinson, iNova Credit Union November, 2005
Education
• Mondragón university– Engineering
– Management
– Teaching
• Otalora
• Alecop
Willy Robinson, iNova Credit Union November, 2005
Innovation
• Saiolan
• Ikerlan
• Garaia Innovation Center
Willy Robinson, iNova Credit Union November, 2005
Financial Group
Includes banking, social welfare, insurance and leasing businesses.
• Bank—Caja Laboral
• Lagun-Aro
Willy Robinson, iNova Credit Union November, 2005
Recap
• Build a network
• Put employees needs foremost
• Design a structure for MCC
• Promote education and innovation
• Share best practices
What Else
???
Willy Robinson, iNova Credit Union November, 2005
“equilibrio”
focus
Workers’ Futures
Willy Robinson, iNova Credit Union November, 2005
“The present, however splendid it may be, bears the seeds of its own ruin if it becomes separated from the future.“
José María Arizmendiarrieta
Willy Robinson, iNova Credit Union November, 2005
Outlook for the Future
• Size and scope-to address market needs
• Change to dual personality
• Collaboration agreements
• Distributing wealth through knowledge
• Generation of employment TOP priority
People and Products
Willy Robinson, iNova Credit Union November, 2005
"Those who opt to make history and change the course of events themselves have the advantage over those who decide to wait passively for the results of the
change.”
José María Arizmendiarrieta
Willy Robinson, iNova Credit Union November, 2005
???