America’s Electric Cooperatives
face continually changing technological, political, and social landscapes impacting
the electric industry and the cooperative business model. An ever-increasing
number of events – including accelerating rates of process and technology
changes, use of data-driven analytics, mounting compliance requirements,
feedback from more empowered member-owners, and changes in demographics and
motivators – is driving implementation of innovative energy services and
personnel management practices for electric utilities.
This ongoing evolution from a
commodity-centric model to a consumer-centric model has propelled the
examination and assessment by NRECA of new practices for our members to
consider. A key challenge for America’s Electric Cooperatives is how to achieve
the most efficient outcome for our consumer-members while concurrently
rewarding and motivating a highly skilled and committed, yet often over-tasked,
workforce. This involves identifying practical utility-side and end-use
solutions, including shared services and other resource strategies.
Resources
Member Advisory: From Finding the Gaps to Bridging the Gaps: An Electric Cooperative's Need to Source Strategically (February 2018)
Co-op Case Studies
Through a series of case studies, NRECA is highlighting some of the innovative ways cooperatives are tackling the challenges of the evolving industry through strategic sourcing:
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