/
The Life Cycle Framework The Life Cycle Framework

The Life Cycle Framework - PowerPoint Presentation

aaron
aaron . @aaron
Follow
396 views
Uploaded On 2017-10-08

The Life Cycle Framework - PPT Presentation

Macro Meso Micro MicroMicro View Michael L Cook University of Missouri The Journey A Very Brief Overview of Micro Life Cycle Some Basics A Brief Overview of Micro Cycle Introduction of Ownership Costs ID: 594152

health cooperative fob phase cooperative health phase fob cycle life micro time lifecycle goods financial framework capital patron overview

Share:

Link:

Embed:

Download Presentation from below link

Download Presentation The PPT/PDF document "The Life Cycle Framework" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

Slide1

The Life Cycle FrameworkMacro – Meso – Micro – Micro/Micro View

Michael L. Cook

University of MissouriSlide2

The JourneyA Very Brief Overview of Micro Life CycleSome BasicsA Brief

Overview of Micro Cycle (Introduction of Ownership Costs)

Evolution of the Framework

Finally

– An Overview of the Micro Life Cycle

A Brief Summary of the Life Cycle FrameworkSlide3

The Micro Life Cycle FrameworkA Very Brief Overview Slide4

Health of Cooperative

Time

FOB HealthSlide5

FOB HealthHow do you measure cooperative health?How do you measure performance?

Is there a difference?Slide6

FOB LifecycleSlide7

FOB Lifecycle

Health of Cooperative

TimeSlide8

P1

Phase 1 = Economic Justification

Health of Cooperative

Time

FOB LifecycleSlide9

FOB LifecycleWhy formed?Slide10

Phase 1: Economic JustificationMarket failure?Scale economics?Social capital?

Multiple rent extraction?Slide11

FOB Lifecycle

P2

Phase 2 = Organizational Design

Health of Cooperative

TimeSlide12

Phase 2: Organizational DesignWho can be a member?Who/how is risk capital acquired?Who has residual claim rights?

Who has residual control rights?

Sanctions - EnforcementSlide13

FOB Lifecycle

P3

Phase 3 = Growth–Glory–Heterogeneity

Health of Cooperative

TimeSlide14

Phase 3: Growth—Glory—Heterogeneity Over time do we observe:Disproportionate equity allocations?

Patron drift?

Patron-membership growth?Slide15

Phase 3: Growth—Glory—Heterogeneity Cont.

Substitution temptation?

Diversification exacerbating differences?

Cross subsidization?Slide16

FOB Lifecycle

P4

Phase 4 = Recognition and Introspection

Health of Cooperative

TimeSlide17

Phase 4: Recognition and IntrospectionFactions?Apathy?

Crisis?

Identification?

Introspection?Slide18

Reinvent

Tinker

Exit

P5

Phase 5 = Choice

Health of Cooperative

Time

Spawn

FOB LifecycleSlide19

Phase 5: ChoicesTinker?Reinvent?Spawn?Exit?Slide20

Health of Cooperative

Time

Iterative Life Cycle HypothesisSlide21

Some BasicsSlide22

Concepts of InterestFrameworkDiagnosisPath DependencyTransformationCollective Goods

Anti CommonsSlide23

Samuelson’s Classification

(1954)

Musgrave’s Classification

(1959)

One Person’s Consumption Subtracts from Total Available

to Others

One Person’s Consumption

Does Not Subtract from Total Available to Others

(

Jointness

of Consumption)Exclusion is FeasiblePrivate Goods

Club

Goods

(

toll goods

)

Exclusion in Not Feasible

Common Pool Resources

Public Goods

Ostrom,

Elinor

(2003) ‘How Types of Goods and Property Rights Jointly Affect Collective Action’,

Journal of Theoretical Politics

15(3): 239-270Ostrom’s Classification of Collective GoodsSlide24

Important Differences / SimilaritiesStarting vs. MaintainingMarketing vs. Supply vs. ServiceMultipurpose vs. Single PurposeSpatial (Local – Regional – National)

Patron Controlled (PCB)

Farmer Owned Business (FOB)

Producer Owned Business (POB)

Cooperative (Patron Owned and Controlled)Slide25

FrameworkExtension of the Farm?A Separate Firm?Slide26

Cooperative HealthFinancialNon-Cooperative Financial, but H.H. FinancialLeaders PerceptionCommunitySocial CapitalSlide27

Cooperative Health (Recent Survey)FinancialReturn on EquityReturn on Investment minus Member Opportunity Cost of Capital

Return on Assets

Non-Financial (Reduced from Industry)

Competitive Position in Industry

Overall Profitability (cooperative to member)

Member Satisfaction

Ability to Achieve

V

ision

Overall PerformanceSlide28

Graduate Institute of Cooperative Leadership (GICL)

A Collaborative Research / Outreach Experience Slide29

Life Cycle TypologyMacroMesoMicroMicro/Micro

Micro/Micro

Micro

Meso

Macro

Links

Human Dimension

Organizational Dimension

Enabling EnvironmentSlide30

Life Cycle TypologySlide31

Life Cycle Typology