Course Overview
Cooperative businesses exist many sectors and represent a distinctive model for organizing labour, capital, and knowledge to produce goods and services. Studying cooperatives aids understanding of all aspects of industrial structure and business organization, and challenges conventional thinking about management. Fundamentally, a cooperative firm represents a unique form of business ownership where “patrons”, rather than financiers, are business owners.
Despite the recognition of SACCOs in the microfinance sector, their biggest challenge remains governance mechanisms due to existence of volunteer board of directors and staff This course provides a platform to address the challenges and equip The Boards and staff with skills requisite in a modern business environment
Objectives:
Participants will be able to:
- An introduction to the history and principles of cooperative and SACCOS movement, as well an overview of the industry sectors and cooperative types
- A thorough exploration of the legal, governance, and finance issues unique to the cooperative sector. participants will examine issues related to membership, member investment, dividends, profit sharing, outside investors, and financing strategies;
- An examination of the general topic of managing in a democratic workplace, with a particular focus on the special challenges of employee engagement and empowerment in the cooperative sector. Topics covered include leadership, coaching, meeting facilitation, collaborative decision-making, and conflict management;
- Good governance practices for cooperatives sustainability
- Preparation and presentation of action plans
Duration – 5 days
Course content:
- Introduction to cooperatives/ SACCOs, trends in Uganda
- Transformational leadership in cooperatives/SACCOS
- Strategic Management and governance for cooperatives/ SACCOs development
- Cooperative social entrepreneurship
- Member Relations – Recruitment; Management, Engagement, Internal Organization
- General Assembly & Meetings
- Recordkeeping and Documentation
- Supply and Logistics; Inbound & Outbound Logistics for members, Storage and Stock Management
- Project evaluation and selection for cooperative business
- Development of a business plan
- Financial management in cooperatives
- Leveraging information technology
Training Approach
This course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, presentations, group works and case studies.
Training notes and additional reference materials are provided to the participants.
Certification
Upon successful completion of this course, participants will be issued a certificate.
Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide needs