Courses
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Overview

This course covers fundamental concepts of cooperative businesses by focusing on the working relationships among the four groups involved: members, board members, CEOs and employees. Each group has distinct roles and responsibilities, and many have associated fiduciary duties. In addition, the roles, duties and liabilities of co-op corporate officers are discussed. By effectively working together within their roles and avoiding the common pitfalls, these groups help to ensure the success of their electric cooperative.
What you will lEARN
  • Explain the roles and responsibilities of the four groups involved in electric co-ops (i.e., members, board members, CEOs and employees).

  • Recognize the pitfalls to avoid in the working relationships of these four groups.

  • Explain fundamental concepts of cooperative businesses, including the laws and legal developments that govern them.

  • Recognize the fiduciary duties of board members, CEOs and senior staff, and explain the related liabilities.

  • Recognize the importance of using appropriate communication channels when interacting with the board and the boundaries related to this communication.

  • Describe a common process for strategic planning used by cooperatives, and the difference in the responsibilities among board members, CEOs and staff in this process.


KEY TOPICS
  • Differences in the roles and responsibilities of board members, CEOs and co-op employees

  • Fiduciary duties and legal liabilities of co-op officers

  • Effective communication channels for boards and employees
  • Importance of a strong CEO-Board relationship

  • Value of strategic planning


Leadership Skills Assessment

Drawn from the Electric Cooperative Employee Competencies, our Leadership Skills Assessment was designed to help you understand which of NRECA's supervisory, management and leadership courses and events may be most appropriate for you. Learn more.


CERTIFICATE PROGRAM

Supervisor and Manager Development Program


CREDITS
  • NRECA – 0.5 credit

  • CEU – 0.3 credit

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Competencies

CORE COMPETENCIES
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ROLE-SPECIFIC
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SUPERVISORY, MANAGEMENT AND LEADERSHIP

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See Also

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