Presented by Van Ian F. Enriquez Acting ARD/Chief CRITS during the e-Forum on Selected CRITS PPA

1. Parameters for
Determining Co-ops
Implementing
Best Practices

2. Why document cooperatives’ best practices?
The plan is the output of a
broad-based nationwide
consultation process, wherein
cooperatives and other
stakeholders from all over the
country were invited in order to
solicit their opinions, views,
issues and concerns regarding
cooperative development which
were all considered in its crafting.

3. Why document cooperatives’ best practices?
Strategic Goal 2:
Improved Institutional Development, Governance and Management
Desired Outcome 1:
Increase in the number of cooperatives achieving excellence
Options for Action
• Gawad Parangal (GP) Awards & Recognition Program;
• DOCUMENTATION OF COOPERATIVE BEST PRACTICES; and
• Modeling of Cooperative Good Governance and Ethical Practices

4. • Is a method or technique that has been generally
accepted in the cooperatives as minimum
acceptable procedures or alternatives because it
produces results that are way above those
achieved by others;
• Best practices could become a standard way of
doing things.
What is a Best Practice?

5. It is understood that co-ops adhere to the standard norms and
requirements as cooperatives which include among others:
• Cooperative principles;
• Cooperative philosophy;
• Cooperative values;
• Legal and ethical standards;
• Business principles (balancing social and economic aspects of an
organization);
• Provisions of Articles of Cooperation & By-laws and cooperative
policies.
Cooperative Standards

6. • Cooperatives may establish/implement Best Practices
in the following areas:
1. GOVERNANCE AND MANAGEMENT
2. BUSINESS MANAGEMENT
3. SOCIAL RESPONSIBILITY
What are the parameters?

7. GOVERNANCE AND MANAGEMENT
• Institutionalized cooperative policies
• Formulated and Implemented comprehensive plans for cooperative
• Formulated and Implemented comprehensive plans for members
• Institutionalized programs for human resource development
• Has continuous education and training for cooperative officers,
members and staff

8. GOVERNANCE AND MANAGEMENT
• Observed strict compliance with reportorial and other legal
requirements
• Institutionalized feedback mechanisms
• With established linkages and partnership with other cooperatives
and various partners for business and non-business collaboration
• Institutionalized internal control system
• Institutionalized annual audit

9. GOVERNANCE AND MANAGEMENT
• Implemented continuous capital-build up scheme
• Institutionalized awards and recognition program for cooperative
officers, members and staff
• Optimized participation of members in the cooperative affairs
• Implemented transparency in dealings/transacting with members
and other stakeholders
• Implemented efficient management of resources (human and
financial)

10. BUSINESS MANAGEMENT
• Established an applicable and working accounting system
• Undertaken business activities responsive to members’
needs and aspirations
• Has Business Continuity Plan
• Provided assistance in improving the life of members

11. SOCIAL RESPONSIBILITY
• Institutionalized Community Development Programs
• Participated in the Local Planning bodies

12. END OF PRESENTATION