What are the major trends, issues and challenges facing cooperatives and mutuals? What are their development strategies? What are their best management practices? These questions are central to these 3 studies, whose results will be revealed for the first time by McKinsey & Company, a research group, and discussed during these 3 round tables:
Round Table “The role of cooperatives and mutuals in the global economy – From theory to practice”
Theme of the study: Global trends and the opportunities and challenges they present for cooperatives and mutuals
Summary: The study outlines:
- the trends most likely to affect the sectors of the economy where cooperatives and mutuals are particularly active.
- the potential evolution of the competitive landscape in the next 5 to 10 years.
- the impact of this evolution on the product offering and positioning of cooperatives and mutuals in terms of competitiveness.
- how the cooperatives and mutuals could benefit from it.
When: Tuesday, October 9, 11:25 a.m.
Presentation: Pierre-Ignace Bernard, Associate Director, McKinsey & Company, France
Round Table “Cooperatives and mutuals, a distinctive and effective business model – An alternative to the prevailing business model”
Theme of the study: Growth and development strategies for the cooperative and mutual business model
Summary: The study focuses on 3 drivers of growth to determine the winning practices that help promote cooperative development and identify challenges:
- market share gains
- portfolio positioning
- mergers and acquisitions
When: Tuesday, October 9, 2:00 p.m.
Presentation: Andrew Grant, Managing Partner, McKinsey & Company, Singapore
Round Table “Practitioner reactions – Surprising or astonishing study results”
Theme of the study: Achieving the full potential of cooperative organizations – strengths, challenges and best practices
Summary: The study identifies the best management practices:
- governance and management
- coordination and control
- managerial leadership
- employee motivation
- culture and climate
- talent management
- innovation and commitment to stakeholders
This study if based on the Organizational Health Index methodology and interviews with more than 50 cooperatives.
When: Wednesday, October 10, 1:30 p.m.
Presentation: Éric Lamarre, Associate Director, McKinsey & Company, Canada
About McKinsey & Company
McKinsey & Company is an international management consulting firm that helps leading corporations and organizations address their most complex and challenging management issues, from reorganizing for long-term growth to improving business performance and maximizing profitability. For more than 80 years, McKinsey’s primary objective has been to serve as its clients’ most trusted external advisor on critical issues.
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