#8241
Ward WeisenselWard Weisensel
Participant

I cannot add a lot to the good comments made above. I can definitely see the difficulties faced by Atlantic Coop and it could not have been an easy time. Unfortunately, it is easy to see how the decisions that were made alienated the local members and how this ultimately led to the failure of the coop.

As has been indicated by others already, I believe the first mistake was the move to the discount model as it made it easy for competitors to emulate with greater resources. As coops we need to be focussed on what makes us sustainably unique from our competitors. Atlantic Coop lost sight of this. They had early successes but ultimately the vision led to the failure of the coop.

1+

“I thoroughly enjoyed the Good Governance Matters course offered by Co-operatives First. The course provided a solid background on governance generally and specific examples of good governance practices in co-operatives. It is uncommon to find governance training specific to co-operatives so this was refreshing.”

Janet Taylor (Corporate Secretary)

Libro Credit Union

“The Good Governance Matters Course was a valuable course. I shared it with the [Arctic Co-operatives Limited] Senior Leadership Team. If it ever comes up again, I highly recommend others to take it.”

Mary Nirlungayuk (Corporate Secretary and Vice-President, Corporate Services)

Arctic Co-operatives Limited

“The online course, Good Governance Matters was very informative, easy to navigate and discussed issues relevant to our needs as a Board of Directors. This course is a great tool for boards to build their knowledge to become strong, strategic boards.”

Lori Sanders (President)

Sherwood Co-op

“This course has greatly increased my understanding of what good governance could/should look like and how each part (boards, management, members) plays a vital role in the co-operative’s success.”

2017 PARTICIPANT

“This course was highly enjoyable, and relevant to working in not only the co-op space, but with any group that needs to make decisions.”

2017 PARTICIPANT