Strengthening strategies in cooperatives for competitive and sustainable management
Keywords:
business administration, cooperatives, human resource management, sustainable development, technological innovationSynopsis
The Valles del Lirio Savings and Credit Cooperative is an important player in financial inclusion and the socioeconomic development of rural communities in the Guaranda canton, Ecuador. However, it faces numerous obstacles in the areas of administrative management, technological innovation, and, most importantly, human talent motivation. The objective of this study was to assess the organizational status of the cooperative and suggest methods for its institutional strengthening to increase its sustainability and competitiveness. To achieve this, a mixed, descriptive, and cross-sectional approach was used, which included semi-structured interviews with management staff, as well as surveys of employees and members. To contextualize the results, SWOT and PESTEL matrices were added to descriptive statistics and thematic coding, which served as the basis for data analysis. The results showed both weaknesses, such as the perception of a lack of incentives and training programs, limited innovation in services, and poor institutional communication, as well as strengths, for example, a collaborative work environment and sufficient willingness to use technological tools. Members expressed dissatisfaction with the lack of agility in procedures, ineffectiveness of marketing campaigns, and lack of trust in data security. This highlights the need to improve external communication and operational processes. The diagnosis also identified low strategic planning and little alignment of administrative functions with institutional objectives. As a solution, a comprehensive strategic plan is proposed with goals aimed at improving human resource management, promoting innovation in products and services, enhancing internal and external communication, and fostering an open and participatory corporate culture. This tactical approach will enable the cooperative to position itself as a concrete actor within the popular and solidarity economy system, with a focus on member satisfaction and, most importantly, sustained long-term growth within the region.
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