Strategic Management of Cooperatives in The Society Era 5.0
- 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.
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 -