Guidelines

What does the Mondragon Corporation do?

What does the Mondragon Corporation do?

MONDRAGON is Cooperation A cooperative socioeconomic project, with dedicated people working in global companies that are profitable, competitive and enterprising, acknowledged for their human values, social impact and competitiveness.

What is the MONDRAGON system?

Today, it consists of 98 cooperatives with more than 80,000 employees in areas of finance, industry, retail, and knowledge development. Mondragon operates under the values of participation, innovation, social responsibility, and cooperation.

Is MONDRAGON successful?

Mondragón in the Spanish Basque Region is the largest cooperative in the world and one of the most successful companies in Spain. Branches in 31 different countries and over 80,000 employees make it the largest cooperative in the world.

Does MONDRAGON have shareholders?

Though the 96 cooperatives of the Mondragón Corporation must produce profits to stay in business — as any company does — these businesses have been engineered not to lavish dividends on shareholders or shower stock options on executives, but to preserve paychecks.

Why is Mondragon so successful?

Actually, one of the successes of Mondragon was its ability to create a sense of identity among the workers within the company, encouraging an environment of solidarity and collegiality among them, a feeling that also extended (although to a much lesser degree) to non-worker-owners.

Is Mondragon sustainable?

By its very nature, our business model is responsible, democratic and sustainable. Sustainability is a strategic mainstay for MONDRAGON.

Why is MONDRAGON so successful?

Is MONDRAGON a capitalist?

Mondragon may appear a haven of non-capitalism, but there are important lessons in its lived experiences, particularly if we put workers – members, contract workers, wage laborers – and working-class movements at the center.

Is Mondragon a capitalist?

Is Mondragon work managed?

Take the most advanced case: Mondragon. It’s worker-owned, it’s not worker managed, although the management does come from the workforce often, but it’s in a market system and they still exploit workers in South America, and they do things that are harmful to the society as a whole and they have no choice.

Why do worker cooperatives fail?

Co-ops may fail because of poor management. Excessive costs, inadequate marketing, lack of attention to customers, etc. are bad for any business. Co-ops need managers who support cooperative principles and are comfortable working within democratic structures.

What kind of company is the Mondragon Corporation?

MONDRAGON is Cooperation A cooperative socioeconomic project, with dedicated people working in global companies that are profitable, competitive and enterprising, acknowledged for their human values, social impact and competitiveness.

What kind of a university is Mondragon University?

Mondragon University is a co-operative university, which combines the development of knowledge, skills, and values, and maintains close relations with business, especially Mondragon co-operatives.

When did the Co-operative movement begin in Mondragon?

MONDRAGON Corporation is the embodiment of the co-operative movement that began in 1956, the year that witnessed the creation of the first industrial cooperative in Mondragón in the province of Gipuzkoa; its business philosophy is contained in its Corporate Values: Cooperation.

What’s the future of Mondragon in the world?

THE FUTURE IS TODAY AND MONDRAGON HAS STARTED A PROCESS OF DIGITAL ADAPTATION TO FACE THE GREAT TRANSFORMATION THAT BUSINESSES, PROCESSES AND JOBS ARE GOING TO EXPERIENCE. WORLD PRESENCE MONDRAGON LOOKS AT THE INTERNATIONAL MARKETS, IN WHICH IT ALREADY HAS A CONSOLIDATED PRESENCE,