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Snippets from  Coopentrepreneurship

 

 

CMBO© is the basis of a study started sometimes in 1983 as my contribution to the not-so-abundant supply of thoughts on cooperatives and their administration.

 The internationalisation of cooperation necessarily takes its practice in Nigeria beyond the ‘hands-to-mouth’ level on which it had existed for centuries. The tremendous breakthrough in communication enforces this globalisation and therefore a need for  re-engineering cooperative management.
 Over time, and at many talkshops, I had variously attempted to expand on the uses of cooperatives as means of achieving effective poverty alleviation, structural efficiency and national development.
 

 

CMBO ©

Since the publication of CMBO as a distinct literature in 1998, I had received quite a lot of criticisms, and applauses, which had propelled me to look closer at this concept, and expand its scope.
 
It is gratifying to note that more and more cooperative organisations are now applying CMBO in the day-to-day administration of their businesses.
 
These and others compelled me to attempt to take us to the next level.
 
Coopentreneurship is a continuation of the concepts and ideas of cooperative management by objectives but with particular emphases on investments and collective financial risks taking.
This present edition will therefore take off from where the yellow card* stopped and will feature among others, topics like:


* CMBO published in 1998 was so called because its cover was yellow in colour.

This edition also has an underlying theme of co-operative as a tool for poverty alleviation in a developing society. Efforts have been taken to align all these with the spirit and letters of the national policy on co-operative development and the Co-operative Act, which a large number of states are yet to understand let alone implement

This edition also has an underlying theme of co-operative as a tool for poverty alleviation in a developing society. Efforts have been taken to align all these with the spirit and letters of the national policy on co-operative development and the Co-operative Act, which a large number of states are yet to understand let alone implement.
 

The Nature of Co-operative Business

Our own prophet and apostle of the masses, Obafemi Awolowo (1907-1987) had once emphatically stressed that:

“The Co-operative methods are the best practical to adopt to meet the needs of the mass of the people in all spheres of development which can take place in the future.”

That future is now here.
 The national policy on co-operatives (2002) agrees and adds that:“... co-operatives are unique organisations with social and economic objectives and are the most important institutions for job creation and poverty reduction in Africa.”
 While Muhammed S. Bello (1996) had described the co-operative system as:
 “essentially an economic system with a social outlook based on self-help, mutual help, solidarity and democracy”
 All these and more depict the very nature of the co-operatives which is a coming together of people with shared values, needs and aspirations to collectively react to the demands of these shared values, needs and aspirations.
 This is why I had preferred to describe a co-operative society as a reaction mechanism responding to the push and pull of the larger society as it affects its patrons-owner.
 This definition could be expressed mathematically thus:R = f(S,O,E)*
 

   Secrets of my many wives revealed!!!!!!

 
 MARRY MORE WIVES?
 I am sometimes known as the man with 36 wives. Only few people know that of all my 36 wives one is a woman who doubles as my manager: I manage all the wives, she manages me; she is my second half.

The concept of marrying more wives is derived from the wisdom of our fore-fathers, yet Orunmila, the god of wisdom, in one of his Ifa corpus (Odu) called Oyeku Meji, had stated among other things:

    ***order for my Hot e-book to know more..... visit my Book Store or mail me at: imambello4@yahoo.com                              

      

 

 

 

(Below... cooperators at training programme in Lagos-Nigeria...)

Others

 -Decision taking tools and mechanism  -How to DOPE your society  -Principles of CMBO      -Setting objectives the SMART way   -Causes of co-operative failures  -Efficiency: structure and measurement  -Sourcing capital for investment.  A list of 100 small business ventures individuals and co-operative societies can embark upon with little or no capital outlay is included in this book as added bonus.**


** I am actively involved in many of these ventures.