December 2017
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story and the co-operative sector is proud of its<br />
history, but at the same time, I hope to offer a<br />
gentle challenge to the entrenched co-operative<br />
worldview of ‘1844 and All That’.<br />
“My purpose is not to supplement or supplant<br />
the pioneers of Rochdale, by pointing to 1864<br />
and the tradition of Friedrich Wilhelm Raiffeisen,<br />
the extension of these models outside of the<br />
circles of consumer retail and banking in which<br />
they started, or an earlier generation of weavers<br />
in the Scottish town of Fenwick in 1761. Instead,<br />
while fully recognising their achievements, I hope<br />
to acknowledge the risk of choosing one point or<br />
place as the start of everything that follows.”<br />
The chapters include references to not only the<br />
Rochdale Pioneers, but also the weavers in the<br />
Scottish town of Fenwick in 1761 and the tradition<br />
of Friedrich Wilhelm Raiffeisen. It also looks at the<br />
commons, lending circles and labourer societies.<br />
The book ends with an insight into the co-op<br />
sector today. By describing the context in which<br />
these various co-operative ventures have emerged,<br />
the author argues that co-operation “is and always<br />
will be with us”. He adds: “There was co-operation<br />
before, and this is a short story of those roots of<br />
today’s co-operation and mutuality.”<br />
Download the<br />
book for free,<br />
by visiting:<br />
uk.coop/<br />
shorthistory<br />
Written by Ed Mayo and<br />
published by<br />
Co-operatives UK<br />
Ethical Business Cultures in Emerging Markets<br />
The effects of globalisation, and the continued<br />
growth of emerging economies, presents<br />
opportunities but also a tangle of ethical issues –<br />
not least for co-operatives.<br />
From retail co-ops sourcing from international<br />
supply chains to agri co-ops seeking new foreign<br />
markets, co-operatives are operating on a global<br />
scale – making their values and principles as<br />
relevant as ever. And if they want a guide to this<br />
complex new world, here is a new study of the<br />
emerging economies, which focuses on ethical<br />
issues and asks how companies can maintain<br />
consistent values across a changing terrain.<br />
It’s a collection of essays edited by Douglas<br />
Jondle, consultant at Bains Jondle & Associates,<br />
which works to foster ethical cultures, and<br />
Alexandre Ardichvili, a professor at the University<br />
of Minnesota and a fellow of the Center for Ethical<br />
Business Cultures (CEBC), a US non-profit which<br />
promotes ethical business practices.<br />
Looking at the world still coming to terms with<br />
the 2008 financial crisis and its lessons about<br />
corporate behaviour, they say it is important to<br />
ensure consistent ethical standards in a shifting<br />
global economy. Incidents such as the collapse<br />
of the Rana Plaza textile factory building in Daka,<br />
Bangladesh, in 2013, which killed 1,135 people,<br />
have put business ethics even further at the<br />
forefront.<br />
The co-op movement has a consistent set of<br />
ethical standards of its own, in the shape of the<br />
seven Co-op Principles, but how do these work<br />
when a co-operative expands into new territory?<br />
Although Ethical Business Cultures does not<br />
deal with the co-operative business model per se,<br />
it does look at the issues organisations face when<br />
trying to enact their ethical values in new markets,<br />
which may have different ethical systems of<br />
their own. In these new markets, say Jondle<br />
and Ardichvili, a complex network of national,<br />
philosophical and political factors are at play.<br />
Some favour informal rather and informal<br />
arrangements when framing agreements; some<br />
are hierarchical rather than individualistic, leading<br />
to a weaker whistleblowing culture; some are<br />
shaped by religious or philosophical contexts,<br />
such as Islam in Turkey or Confucianism in China;<br />
and some operate in authoritarian or heavily<br />
bureaucratic state systems.<br />
The book is split into two sections, the first<br />
a series of essays on ethical business in eight<br />
emerging economies, including the BRICS – Brazil,<br />
Russia, India, China and South Africa, alongside<br />
Turkey, Mexico and Indonesia.<br />
The second section looks at how to build and<br />
sustain ethical business cultures, including<br />
a discussion of the CEBC’s Model of Ethical<br />
Business Cultures, based on series of anonymous<br />
interviews with business executives discussing<br />
their opinions on “ethical business challenges,<br />
risks, and opportunities facing their companies,<br />
industries and countries”.<br />
There is also a survey of employees’ perceptions<br />
of ethical business practices across 22 of the<br />
world’s economies, which recommends a diverse<br />
recruitment policy, transparent processes,<br />
fair leadership and employee engagement for<br />
businesses looking to maintain their ethics in new<br />
markets.<br />
Here, co-ops should hopefully have a head start<br />
– and this book offers a useful introduction to the<br />
complex world in which they must now operate.<br />
Edited by Douglas<br />
Jondle, Bains Jondle<br />
& Associates LLC ,<br />
Alexandre Ardichvili,<br />
Cambridge Press<br />
DECEMBER <strong>2017</strong> | 49