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Mondragon model of corporate management

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  • Mondragon model of corporate management

    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:
    • Co-operation.
    • Participation.
    • Social Responsibility.
    • Innovation.

    The Corporation’s Mission combines the core goals of a business organization competing on international markets with the use of democratic methods in its business organization, the creation of jobs, the human and professional development of its workers and a pledge to development with its social environment.

    In terms of organization, it is divided into four areas: Finance, Industry, Distribution and Knowledge, and is today the foremost Basque business group and the seventh largest in Spain.

    I recommend reading their FAQ at: