Building a co-operative requires a lot of planning and development of documents, policies, and procedures. These steps can be a bit tedious, and even boring. However, early planning stages will require shareholders to think big about what they want the co-op to be. Creating mission, vision, and value statements can be one of the more engaging steps in co-op development that often allows shareholders their first tangible contribution to the co-op’s identity. This tool helps clarify the purpose of mission, vision, and value statements.
The mission statement simply explains what your co-operative does. This statement should be concise and serve as a one-line overview of why the organization exists, and why your co-op’s identity matters. It should convey a clear purpose and direction for the organization, offering something to work towards. Everything the organization does should be in service of this mission.
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The vision statement is less direct than the mission statement and is usually more aspirational and inspirational. Think, “What is the vision for my co-op’s identity?” For many organizations, a vision statement captures an ideal outcome or a societal goal that we need to work towards together.
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A values statement may contain multiple values that demonstrate the priorities for the co-operative and identify how it will conduct business. Your co-op’s identity and vision statement speak to the nature of the co-operative and should be reflected in the work that it does.
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