Proceedings of the 2nd International Conference on Advance Research in Social and Economic Science (ICARSE 2023)

Strategic Management of Cooperatives in The Society Era 5.0

Authors
Mohamad Irhas Effendi1, *, Sriyono Sriyono1, Asep Saepudin2
1Faculty of Economics and Business, National Development University “Veteran” Yogyakarta, Yogyakarta, Indonesia
2Faculty of Social and Political Sciences, National Development University “Veteran” Yogyakarta, Yogyakarta, Indonesia
*Corresponding author. Email: m_irhaseffendi@upnyk.ac.id
Corresponding Author
Mohamad Irhas Effendi
Available Online 4 September 2024.
DOI
10.2991/978-2-38476-247-7_13How to use a DOI?
Keywords
Strategic; Management; Cooperatives; Society Era 5.0
Abstract

Cooperatives are people’s economic movements that base their activities on the principle of kinship to achieve the welfare of members in particular and society in general. The number of cooperatives in Indonesia continues to increase every year after a drastic decline in 2018. The decline was caused by the incompetence of cooperative management, weak strategic management and cooperative governance so that cooperatives could not compete in the market and were easy to fraud. The number of cooperatives that stalled during the pandemic was also caused by liquidity problems. Cooperatives are institutions that manage funds from members, so cooperatives must be transparent and accountable. Cooperatives have the obligation to report the results of their business activities through the Annual Member Meeting (RAT) every year. But in reality, the majority of cooperatives have not done so. As an effort to maintain the sustainability and competitiveness of cooperatives, cooperatives need to have good strategic management in the form of master plans, standard operating procedures, and evaluations and improvements every certain period. The preparation of a strategic management model that is in accordance with the characteristics and needs of cooperatives is important because it is an effort to increase the reliability of the information produced, reduce the possibility of fraud so that cooperatives can maximally develop economic potential and community needs in order to improve the welfare of all communities and contribute to national GDP.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Conference on Advance Research in Social and Economic Science (ICARSE 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
4 September 2024
ISBN
978-2-38476-247-7
ISSN
2352-5398
DOI
10.2991/978-2-38476-247-7_13How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Mohamad Irhas Effendi
AU  - Sriyono Sriyono
AU  - Asep Saepudin
PY  - 2024
DA  - 2024/09/04
TI  - Strategic Management of Cooperatives in The Society Era 5.0
BT  - Proceedings of the 2nd International Conference on Advance Research in Social and Economic Science (ICARSE 2023)
PB  - Atlantis Press
SP  - 124
EP  - 128
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-247-7_13
DO  - 10.2991/978-2-38476-247-7_13
ID  - Effendi2024
ER  -