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Policy reform

Ministry of Trade: a national turnaround strategy for cooperatives

A sector in distress, and the national strategy and regulations that followed it.

Working through a national strategy with the sector
2022
Consultant
National strategy adopted
The story

What the institution looked like

The cooperative sector was in distress. Weak governance, poor financial management and declining member confidence, across the country rather than in isolated institutions.

01

What I did

I developed the national turnaround strategy for the cooperative sector, and the supporting regulations that followed it, working with the Ministry and the sector bodies that would have to deliver it.

02

What changed

A national strategy adopted, and a regulatory framework for cooperative governance that gave supervisors something to enforce.

How it was done

4 moves, in order

None of it was clever. It was sequenced, written down, and reported on monthly.

01

Diagnosed the governance and financial management failures across the sector.

02

Drafted the national turnaround strategy on the back of that diagnosis.

03

Built the supporting regulations, so supervisors had something enforceable.

04

Took it through adoption with the Ministry and the sector bodies that would implement it.

The lesson

Sector governance fails and succeeds for the same reasons institutional governance does. The same three or four controls decide it, at any scale.

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