Measuring what matters to co-operatives and mutuals
As values-based businesses, the greatest challenge for co-operatives and mutuals (CMEs) is to let our values shine. That’s why the BCCM teamed up with researchers at Monash University, our members and the co-operative and mutual enterprise sector, to find a new way of measuring our positive impact on our members, our customers, the community and the economy – the Mutual Value Measurement (MVM).
The Mutual Value Measurement Framework helps CMEs to measure their total value creation (mutual value) through a set of common dimensions and shared language about measuring and reporting mutual value.
The MVM Framework can be used by CMEs across different industries, of different sizes, and with different capabilities. The Framework has been field-tested through research by Monash University’s Business School and is available with an implementation guide and templates that will allow interested CMEs to assess and plan the full adoption of the Framework.
The MVM Framework helps co-operatives and mutuals (CMEs) to measure their total value creation through a set of common dimensions and shared language about measuring and reporting mutual value.
BUSINESS BENEFITS OF MVM
By deploying the tool and incorporating MVM into your business, the focus on the mutual value you create can bring direct business and commercial benefits. Discover what MVM can help you towards.
BCCM can help your firm to apply this methodology in order to help you use your mutuality to thrive as a business.
BCCM and Monash University worked with these Industry Partners, Field Study Partners and Research Partners when developing the MVM Framework.
Achieve MVM accreditation for your co-operative or mutual
The MVM Framework can be used by CMEs across different industries and of different sizes.
BCCM will be launching an MVM Accreditation Program for MVM in March 2021. CMEs that adopt MVM can apply to BCCM to become an Accredited MVM user. They will be required to meet criteria and to demonstrate how they applied the MVM tool to their business.