Democracy At Work posted a snippet from All Things Co-op on their Facebook post Interview with the Cooperative Development Institute. On Facebook, the following excerpt was featured in audio and slides.
Cooperatives are a form of ownership. As I often say to the business owners when they’re inquiring and exploring this idea is that cooperatives don’t run businesses. Managers run businesses. Cooperatives own businesses. They set direction for the business, they set policy for the business. You still need to have somebody in charge, or some management team in charge operationally.
Wow, this answers some of the questions I have had about co-ops. I keep listening to Democracy at Work to learn more about how co-ops function on a day-to-day basis. This is the first time I have heard this issue addressed. It was one of the major doubts that I had.
I would like to hear the context of this discussion. This is the full episode from which this snippet comes, although in scanning it, I have not found out where these ideas were mentioned.