Co-Operative Bank

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• Strategic Planning & the Co-Operative Research Paper

  ...Directional Policy Matrix 8 Co-Operative Food Store Audits 10 Environmental Audit 10 PESTEL Analysis 10 Porters 5 Forces: 10 Organisational Audit 11 Stakeholder Analysis 14 Co-operative Stakeholders 14 Stakeholder Mapping 14 Bibliography 16 Introduction This briefing pack is to provide help and guidance to the Co-operative Group on business strategy. Included in this pack will be strategic concepts and terms and a discussion of issues the Co-operative group will need to consider when planning its business strategy including thinking and planning. A stakeholder analysis will also be discussed to help the organisation. This briefing pack will also look into the Co-operative food stores and how to do an environmental and organisational audit. Strategic Concepts and Terms Missions A mission is a statement of the business purpose and aims. It should include the actions of the business, the stakeholders of the business and how the business plans to meet their needs. Co-operative Group Mission Statement: “Our mission statement is working in partnership to identify best practice that reduces risks and losses to The Co-operative Group in a cost effective manner, and provides a safe and secure environment for our people, property, information, profit and...

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• Essay about Role of co-operative bank in rural development

  ...com/reports/1716433/ Co-operative Banks in India: Functioning and Reforms Description: Co-operative banks are an integral part of the Indian financial system. They comprise urban co-operative banks and rural co-operative credit institutions. Co-operative banks in India are more than 100 years old. Urban Co-operative Banks (UCBs) also referred to as primary cooperative banks?play an important role in meeting the growing credit needs of urban and semi-urban areas of the country. UCBs mobilise savings from the middle and lower income groups and purvey credit to small borrowers, including weaker sections of the society. Scheduled UCBs are under closer regulatory and supervisory framework of the RBI. Rural cooperative banks operate mainly for the benefit of rural areas, particularly the agricultural sector. Though much smaller as compared to scheduled commercial banks, co-operative banks constitute an important segment of the Indian banking system. They have an extensive branch network and reach out to people in remote areas. They have traditionally played an important role in creating banking habits among the lower and middle-income groups and...

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• Essay about Co-Operative Movement in Bangladesh

  ...Assignment on Co-operative Movement in Bangladesh Rural Financial Market & Microfinance Course no: 519 Submitted to Dr. M. A. Baqui Khalily Professor Department of Finance University of Dhaka Submitted by Md. Farhad Uddin Roll No: 11-071 MBA (11th Batch) Department of Finance University of Dhaka Date of Submission: 28th March, 2011. Co-operative Movement in Bangladesh Introduction: Co-operative movement is a series of planned activities with a common goal. The term usually refers more specifically to the formation of non-profit economic enterprises for the benefit of those using their services. Begun in England in the nineteenth century, the co-operative movement stimulated Bengal in the last decade of the century. At first, some British civilians started it in their districts with considerable success. On the initiative of the government of Bengal, it was launched with the enactment of the Co-operative Credit Societies Act 1904. The theoretical origin of the co-operative movement is to be traced from the writings of Robert Owen, Louis Blanc, Charles Fourier and others. Colonial Period:  The traditional rural credit system collapsed under the weight of the colonial system. Consequently, the rural economy gradually became dependent on an informal credit market dominated...

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• Report on the Management Structure of the Co-Op Group Essay

  ...Employability The Co-Operative Group Kieran Hutchings P12085906 Alison Bragg 14th May 2013 Kieran Hutchings P12085906 Communication, Academic Skills and Employability Summary The Co-operative group is a business run for and by its members. The structure of the organization is one that promotes democracy, integrity and honesty. The Group Board consists of 20 Non-Executive Members. There are also 3 subsidiary boards that cover the main businesses within the Co-Operative Group. The profits of the Co-Operative Group are distributed between all of its members. Members of the Co-operative Group are invited to BI Annual and Annual General Meetings to discuss the direction of the company going forward as well as celebrating achievements and highlighting opportunities. The CoOperatives Strategy of putting people and their development first ensures that people within the organization are engaged and ready to run the best stores and give the best service. Kieran Hutchings P12085906 Communication, Academic Skills and Employability 2 Table of Contents Introduction Management Structure Strategic Direction Conclusion References 4 5 7 9 10 Kieran Hutchings P12085906 Communication, Academic Skills and Employability 3 Introduction The Co-Operative Group is the UK’s largest...

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• Essay about Cloud computing-silver lining for cooperative banks in India

  ...computing: Silver lining for cooperative banks "Our customers have increased expectations for better services, particularly in the areas of Internet and mobile banking. New, more sophisticated and intelligent technologies can empower change and create opportunities for our bank to deliver these services and at the same time manage growth, risk and efficiency," said B V Dwarakanath, Chairman of the Sree Charan Souharda Cooperative bank. By implementing the cost effective, state-of-the-art Core Banking Solution being delivered via the cloud, we will be able to operate on a centralized network twice as fast as the existing set up. This solution is also helping us reduce the burden of upfront capital expenditure and move to a pay-as-you-use model.1 “The implementation will help us add new customer services and also centralize mission-critical operations such as real-time transaction processing in six branches across Pondicherry,” said R Muralidharan, IT Administrator at the Pondicherry Co-operative Urban Bank. He added that the cloud solution will help us offer enhanced financial solutions to its customers including Internet banking, online money transfer, ATM Services and mobile banking. Muralidharan believes that as cooperative banks in India are constantly faced with newer regulations challenges, they are expected to strengthen their focus on IT-related compliance so...

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• co-op store Essay

  ...A co-op store is a store which is owned and controlled by members of a cooperative, rather than a single store-owner or corporate entity. The cooperative tradition dates back to the 1700s in Great Britain, when workers began organizing in cooperatives in an attempt to get around usurious prices for basic goods, housing, and other services. Today, cooperative stores can be found all over the world, and some of these stores are extremely successful business entities. The idea behind a co-op store is that it works for its members, rather than being an engine of profit. Because no profits are expected, the store can keep wages high and costs low, allowing members of the cooperative to benefit. Co-ops can sell things like groceries, books, and a variety of other consumer goods, and the cooperative concept can also be used in housing, banking, and a variety of other industries. In a cooperative store, the members of the co-op vote on issues of importance to the store as a collective, rather than allowing one person to make decisions. Members might vote for a wage raise, additional benefits to employees, or the use of a new supplier. Some co-ops also use voting to pass resolutions donating funds to local charities. Many also encourage members to volunteer in the store, or in the local community, with the goal of fostering a positive relationship with the surrounding community, and community events, classes,...

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• a Study of Employees Co-Operative Credit Societies in Colleges Affiliated to Pune University in Pune District Essay

  ...“A STUDY OF EMPLOYEES CO-OPERATIVE CREDIT SOCIETIES IN COLLEGES AFFILIATED TO PUNE UNIVERSITY IN PUNE DISTRICT” Mr. Amar Bhosale, Assistant professor vidya pratishthans Arts, Science & Commerce College, Baramati. Dist- Pune (Maharashtra) 1) INTRODUCTION :- The cooperative movement in India has contributed to the rural development of the country. Though the movement has developed in different states of the country not in the uniform manner, some of the State like Maharashtra, Gujarat, Karnataka and Andra Pradesh has shown tremendous growth of the cooperative movement in these states. The societies which were promoted by the leadership having vision and who manage these cooperative well, have become successful, whereas the cooperative societies which suffered from the lack of dynamic leadership were mismanaged and this cooperative society become failure. The ECCS is operating in both urban and rural areas. The ECCS caters to the needs, primarily of the member of the society. These societies should follow modern management practices including computerization in their working, professional training to their employees and their member of the board and should keep their level of functioning very competitive. This only can bring success to these societies. The University of Pune established in 10th February 1949. with good academic goal. Now 612 colleges are affiliated to university of pune spread in three district...

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• The Co-Operative Bank IMC Essay

  ...Executive Summary The Co-Operative Bank is New Zealand’s only bank that is owned by its customers. Formerly simply a Building Society, the bank is now looking to grow its customer base as a fully registered bank through a variety of avenues including appealing to the tertiary student market. This report focuses on the integrated marketing communications needed for accurately targeting the tertiary market. Firstly, it outlines a situation analysis including a PESTE analysis, a competitor analysis, and the target market and the positioning of the Co-operative Bank with regards to its competitors. The communication strategy looks closely into the banks current communications offerings. This analysis focuses on how the companies message combines with its with the imagery used in its advertising. The media strategy outlines how the company has used awareness, universal and emotion strategies in its communications to target the tertiary market. Objectives are then outlined to provide scope for the banks future IMC activities. Finally, the report provides recommendations (including personal selling, promotion and public relations) and improvements to help the bank reach its objectives in the next 12 months. Measurement tools are also suggested in order for the bank to effectively monitor how...

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