Report on the Management Structure of the Co-Op Group

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Communication, Academic Skills and 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

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Introduction
The Co-Operative Group is the UK’s largest mutual businesses. It is not owned by private shareholders but is jointly owned by over six million individual members and approximately 80 independent Co-Operative Societies. The Co-Operative has a portfolio of many different types of services covering Food Stores, Connivence Stores, Banking, Insurance, Funeral Care, Travel, Pharmaceuticals and Farming. The Co-Operative Group is based out of Manchester, and currently employes over 100,000 people whilst turning over in excess of £12 billion per annum.

Kieran Hutchings

P12085906

Communication, Academic Skills and Employability

4

Management Structure
The Management Structure of the Co-Operative Group is unlike many other businesses. The Group is not owned by private shareholders but instead owned by its members, this gives the company a unique way of connecting to there members and the general public by running the business for the benefit of its members not shareholders. At the top of the organizational structure is The Group board which is entirely non-executive, the board consists of 20 members, fifteen of which are elected from the companies regional boards. The other 5 are elected from Independent Co-Operative Societies, in each year one-third of The Group Board are required to be re-elected. There are seven regional boards bringing together representatives from their region’s area committees. Each regional board helps the group manage the businesses in their region by approving spending in order to open new stores and improving existing ones, and supervising the strategy for how they help that region’s local communities. Regional board representatives are elected by area committee members to sit on The Group Board. There are also Three Subsidiary Boards that are responsible for the companies major business units, they are as follows: • The Co-Operative Food Board • The Co-Operative Banking Group Board • The Co-operative Specialist Businesses Board The Group Board is responsible of the long term success of the company by:

Kieran Hutchings

P12085906

Communication, Academic Skills and Employability

5



Ensuring that the Group’s affairs are conducted and managed in accordance with its purpose and objectives, the best interests of the Group and those of its individual and Independent Society Members



Determining the vision and strategy of the Group in consultation with the Group CEO

• • • •

Overseeing the CEO in the day to day management of the Group Monitoring performance against key financial and non-financial indicators Overseeing the Group’s risk management systems Setting standards in...
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