Governance

Principles of Governance

The governance of Qaori Cooperative is based on the following principles:

• Democracy: All members of the cooperative have an equal say in its governance.
• Transparency: All members of the cooperative have the right to access information about the cooperative’s operations and finances.
• Accountability: The cooperative’s board of directors and management team are accountable to the members for their actions.
• Equity: The cooperative is committed to ensuring that all members have an equal opportunity to participate in its activities and benefits.
• Solidarity: The cooperative is committed to working together for the common good of its members.

Description of Governance

The governance of Qaori Cooperative is structured as follows:

• General Assembly: The General Assembly is the highest decision-making body of the cooperative. It is made up of all members of the cooperative. The General Assembly meets annually to approve the cooperative’s budget, elect the board of directors, and make other important decisions.
• Board of Directors: The board of directors is responsible for the overall management of the cooperative. It is made up of 7-15 members who are elected by the General Assembly. The board of directors meets regularly to discuss the cooperative’s operations and make decisions.
• Management Team: The management team is responsible for the day-to-day operations of the cooperative. It is headed by a general manager who is appointed by the board of directors. The management team is responsible for implementing the decisions of the board of directors and managing the cooperative’s staff and resources.

The cooperative’s governance structure is designed to ensure that all members have a voice in its decision-making and that the cooperative is managed in a transparent and accountable manner.

Conclusion

The governance of Qaori Cooperative is based on the principles of democracy, transparency, accountability, equity, and solidarity. The cooperative’s governance structure is designed to ensure that all members have a voice in its decision-making and that the cooperative is managed in a transparent and accountable manner.

Qaori also applies the following principles to foster a Resilient Economy: Decentralization, Autonomy, Competency-based. We are following the principles of Holacracy and Augmented Leadership.