Materials
As the rich get richer in Saskatchewan, what about everyone else? (Regina Leader-Post)
Submitted by admin on December 12, 2009 - 6:11am. Mondragon Corporation | Materials | Spain | NewsMichelle Belanger takes a break from preparing dinner for her two children so she can answer the door.
Wage disparity widens in Sask. (Saskatoon StarPhoenix)
Submitted by admin on December 4, 2009 - 11:11am. Mondragon Corporation | Materials | Spain | NewsMichelle Belanger takes a break from preparing dinner for her two children so she can answer the door.
CORPORATE (The Hindu)
Submitted by admin on October 3, 2009 - 7:11am. Mondragon Corporation | Materials | Spain | NewsOUTLOOK: Tatas tune up plan to revive Jaguar, Land Rover Recovery blueprint involves plant shutdown, expanding product range. Mumbai, Sept. 24 There is finally light at the end of the tunnel for Jaguar and Land Rover with the owner, Tata Motors, geared for a turnaround plan.
Letters: Reform after Rover (Independent)
Submitted by admin on September 14, 2009 - 1:11am. Mondragon Corporation | Materials | Spain | NewsIf ever there was a case to justify wholesale reform of our business culture, that case is Rover. That no Rover executive broke the law is irrelevant. Company and employment law is currently designed to legalise theft from the workforce, in the same way the MPs' expenses system was designed to legalise theft from the taxpayer.
Streets ahead: Does John Lewis offer a revolutionary way forward for big business? (Independent)
Submitted by admin on August 27, 2009 - 11:11pm. Mondragon Corporation | Materials | Spain | NewsAs he emerged into the sunlight outside John Lewis in London's Oxford Street this week clutching a plastic carrier bag, Meir Abutbul, a hotelier, had acquired some carpet cleaner and a cameo role in a long-standing industrial experiment.
PRESS RELEASE: Fitch: Caja Laboral's Long-term IDR At A+ (Nasdaq)
Submitted by admin on February 11, 2009 - 2:11am. Mondragon Corporation | Materials | Spain | NewsFitch Ratings-London-10 February 2009: Fitch Ratings-London -10 February 2009: Fitch Ratings has today affirmed Caja Laboral Popular's (Caja Laboral) Long-term Issuer Default (IDR) at 'A+', its Short-term IDR at 'F1', Support rating at '3' and Support Rating Floor at 'BB'.
Alison Benjamin reports on a proposed business park for social enterprises and co-operatives in Spain (Guardian Unlimited)
Submitted by admin on January 21, 2009 - 10:11am. Mondragon Corporation | Materials | Spain | NewsHigh in the hills of Spain's Basque region, an experiment is taking place that could determine how we tackle social problems in the future. At a time when governments, economists and businesspeople are desperately looking for new solutions to deliver us from a recession and meet pressing social needs, Carlos Fernández Isoird and Inigo Urkidi think they have the answer. Their new social ...
Pacific Simulators Taking on new markets (Stuff)
Submitted by admin on April 7, 2008 - 12:35am. Mondragon Corporation | Materials | Spain | NewsAfter taking WhisperGen from a start-up and turning it into a successful company, Bill Highet is now turning his attention to Pacific Simulators.
`Social enterprise movement' has a rich history (Toronto Star)
Submitted by admin on January 28, 2008 - 1:35pm. Mondragon Corporation | Materials | Spain | NewsIt was most gratifying to read Carol Goar's recent editorial column in the Toronto Star, "Focal point for social innovators" (Jan. 18, 2008). Ms. Goar describes the Centre for Social Innovation, a renovated warehouse in the Spadina Ave. area of Toronto.
Mondragon Corporation
Submitted by Garry Cronan on October 14, 2007 - 10:10am. Mondragon Corporation | Materials | Spain | People | Community | Democracy | Principles/CSRMCC is a business group made of 264 companies and entities active in three sectors: Financial, Industrial and Distribution. It is Spain’s 7th largest industrial company.
Global 300 ranking:
10Number of members:
62,764Member Dividend:
USD $204,832,414Number of employees:
78,455Gender Diversity:
41% of employees are femaleTurnover:
USD $: 2,147,483,647Type of Co-operative:
Employee Co-operativeDate founded:
1956Operating Countries:
Spain, Brazil, China, Czech Republic, India, Italy, Morocco, Portugal, Romania, Slovakia, Turkey, United Kingdom and USA.
Website:
People
Stakes in capital: In 2005 worker members held 90.5% of share capital.
Equal opportunities: In the Distribution Area, 80% of the workforce is made up of women, with women occupying 76% of management positions, the highest figure in Spain.
Health and Safety: Ongoing deployment of Systems for the Prevention of Industrial Hazards with many subsidiaries already certified.
Community
Mondragon Unibertsitatea aims to develop knowledge, skills and values. Education is trilingual enabling students to communicate in Basque, Spanish and English. The university offers 7 degree course to some 3,500 students.
Politeknika Ikastegia Txorierri: 435 students were enrolled in formal education during the 2004/5 year. 40 courses in occupational and lifelong training.
The Lea Artibai Ikastetxea catered for around 2,000 students. In addition to formal education (Secondary Education and Occupational Training Courses) the school offered classes in Polymer Engineering, in co-operation with the London Metropolitan University.
MIK: A Business and Organisational Management Research Centre, has been endorsed by the Ministries of Industry and Education as a CIT (Technology Research Centre) and as an OTRI (Office for the Transfer of Research Results), being the first and only one of its kind in Spain.
The Garaia Innovation Park is involved in the promotion of innovation and technology linking the work of Technology Centres, businesses and higher education. Managed by MCC, its aim is to create a sphere of excellence, fostering the introduction of new technologies.
Arizmendi: Reinforced its project as a vital training centre. A recent highlight was the opening of the crèche, or ‘Umezaintza’, for children up to the age of six.
Distributing earnings: Between 5 and 10% of the surplus generated by MCC is allocated to a Cooperative Education and Development Fund (FEPC). Over the 2002-2005 investment in community schemes has amounted to €112.7m.
Democracy
In 2006 80% of MCC employees were members and have the final say on electing governing bodies. These bodies are both accountable to members in terms of management decisions and strategy.
The Co-operative Congress is the supreme body of the MCC, in terms of sovereignty and representation. It is comprised of 650 delegates representing all of MCC’s co-operatives and its decision are binding. The European Federation of Employee Share Ownership (EFES) has recognised the MCC as a best practice example of a participatory/democratic organisation, putting MCC in 1st place in the European ranking of organisations in which the workers have more than 50% ownership.
