Management Practices of Multipurpose Cooperatives Operating in a Philippine Province

Cooperatives had created business activities that contributed to the economic well-being of rural communities, however, only few continue to remain active and operating as some cooperatives were being closed or dissolved. In this paper, management practices of multipurpose cooperatives operating in
a Philippine province using these dimensions, strategy, execution, culture, structure, talent, leadership, innovation and strategic linkages and partnerships were assessed. Descriptive research design was used. Only 6 out of 42 multipurpose cooperatives were chosen using clustered sampling. A total of 157 out of 184 (85%) respondents had participated in this study using a validated researched-made questionnaire. Findings revealed that small cooperatives had better manifestation of strategy, culture and structure in their practices than medium and large cooperatives. Strategy and execution and talent and innovation
showed a very high relationship which clearly depicts that good execution requires good strategy and innovation needs great talent. Generally, small cooperatives had greater manifestation of all management dimensions in their practices than the rest of the cooperatives which may imply that small cooperatives had manifested the essential management practices in order to sustain business success. It is recommended that medium and large cooperatives should reexamine their existing practices particularly in managing talent, innovation and strategic linkages and partnerships so as to improve their business performance.

Keywords – execution, innovation, strategic linkages and partnerships, strategy, talent