Inclusive Business Models

Inclusive Business Models And Support For Employee Ownership And Co-Operatives

Tuesday 2 May 2023

Are you interested in creating fairer, democratic and purpose led businesses? In the wake of the Covid 19 pandemic and as we face a cost-of-living crisis, focus is shifting from businesses that generate profits for distant shareholders to ones that increase and spread the benefits of economic success more evenly.

An inclusive business model is one that strives for greater equality through positive societal impacts, fairer profit distribution, shared and plural ownership, giving back to local communities and allowing everyone within the organisation to have a voice. Such models are values-driven with greater democracy, accountability, and collaboration at their core. 

Businesses that adopt such models don’t just empower their employees and members but have also been proven to be more resilient in the face of economic challenges. Within these businesses, success is not measured by profit or wealth creation alone – but also by the enhanced social and environmental wellbeing they create, using their business model to affect change and fairer wealth distribution.

Co-operative Development Scotland (CDS) has championed inclusive business models such as employee ownership, consortium and community co-operatives since 2006 and as interest and demand for support grows in this area CDS has widened their service to work with a broader range of co-operative models which now includes:

 

·         Employee ownership

·         Community co-operatives

·         Consortium co-ops- means of collaboration

·         Platform co-ops- digital/ tech co-ops

·         Worker co-ops

The service is available to businesses and community groups looking to adopt or develop their co-operative business model including new and existing co-operatives.

To find out more and enquire, please visit the website: https://bit.ly/41X0ISb