Event Title

Mondragon cooperative experience

Start Date

9-12-2012 9:00 AM

End Date

9-12-2012 10:15 AM

Description

Abstract

MONDRAGON Corporation is a business-based socioeconomic initiative with deep roots in the Basque Country, created for and by people and inspired by the Basic Principles of our Co-operative Experience. It is firmly committed to the environment, competitive improvement and customer satisfaction in order to generate wealth in society through business development and the creation of, preferably cooperative, employment, which:

  • Is based on a firm commitment to solidarity and uses democratic methods for organization and management.
  • Fosters participation and the involvement of people in the management, profits and ownership of their companies, developing a shared project which unites social, business and personal progress.
  • Fosters training and innovation through the development of human and technological skills, applying its own Management Model aimed at helping companies become market leaders and fostering Co-operation.

The first industrial cooperative of MONDRAGON Corporation began in 1956, after more than 50 years of the cooperatives’ development, it has a total of more than 120 cooperative members up to now, which are from the business areas of financial, industrial, retailing, and knowledge. It’s become the largest business organization in the Basque Country and the 7th largest in the Spanish market. Mondragon Corporation has been considered as the most successful cooperative economic development in the world, especially in the industrial area.

The business philosophy of Mondragon Corporation is contained in its Corporate Values, which are:

  • Co-operation - "Owners and protagonists"
  • Participation - "Commitment to management"
  • Social Responsibility - "Distribution of wealth based on solidarity"
  • Innovation - "Constant renewal"

The Basic Principles of the MONDRAGON Co-operative Experience, which were approved during our first Co-operative Congress held in October 1987, encompass a series of ideas formed in accordance with over thirty years of co-operative experience. Their basic concepts are summarized below:

The strategic planning for the next 4 years of Mondragon Corporation will be mainly focused on the internationalization, renovation, inter-cooperation, and commitment to the global market.

Streaming Media

Recommended Citation

Yan, Z. J. (2012, December). Mondragon cooperative experience. Paper presented at 2012 International Conference on Sustainability & Rural Reconstruction, Southwest University, Chongqingng, China.

This document is currently not available here.

Share

COinS
 
Dec 9th, 9:00 AM Dec 9th, 10:15 AM

Mondragon cooperative experience

Abstract

MONDRAGON Corporation is a business-based socioeconomic initiative with deep roots in the Basque Country, created for and by people and inspired by the Basic Principles of our Co-operative Experience. It is firmly committed to the environment, competitive improvement and customer satisfaction in order to generate wealth in society through business development and the creation of, preferably cooperative, employment, which:

  • Is based on a firm commitment to solidarity and uses democratic methods for organization and management.
  • Fosters participation and the involvement of people in the management, profits and ownership of their companies, developing a shared project which unites social, business and personal progress.
  • Fosters training and innovation through the development of human and technological skills, applying its own Management Model aimed at helping companies become market leaders and fostering Co-operation.

The first industrial cooperative of MONDRAGON Corporation began in 1956, after more than 50 years of the cooperatives’ development, it has a total of more than 120 cooperative members up to now, which are from the business areas of financial, industrial, retailing, and knowledge. It’s become the largest business organization in the Basque Country and the 7th largest in the Spanish market. Mondragon Corporation has been considered as the most successful cooperative economic development in the world, especially in the industrial area.

The business philosophy of Mondragon Corporation is contained in its Corporate Values, which are:

  • Co-operation - "Owners and protagonists"
  • Participation - "Commitment to management"
  • Social Responsibility - "Distribution of wealth based on solidarity"
  • Innovation - "Constant renewal"

The Basic Principles of the MONDRAGON Co-operative Experience, which were approved during our first Co-operative Congress held in October 1987, encompass a series of ideas formed in accordance with over thirty years of co-operative experience. Their basic concepts are summarized below:

The strategic planning for the next 4 years of Mondragon Corporation will be mainly focused on the internationalization, renovation, inter-cooperation, and commitment to the global market.