A cooperative is a company owned by its members
Osuuskauppa Keula cooperative is owned by its co-op members. They have the opportunity to influence the cooperative’s operations. There are many ways to influence: by voting in the elections to the Council of Representatives, by serving on the governing bodies themselves, or by giving direct feedback on the operation of the cooperative through various feedback channels.The Council of Representatives is the supreme decision-making body
In cooperatives, decision-making is based on representative democracy. The highest decision-making power is exercised by the elected Council of Representatives. It consists of 30 local members. The right to vote in the Council of Representatives elections is an important aspect of co-op membership.The Supervisory Board approves the strategy
Osuuskauppa Keula cooperative’s Supervisory Board consists of 18 members, two of whom are personnel representatives. The Supervisory Board’s duty is to monitor that the cooperative and its governance are managed in accordance with laws and regulations, as well as the decisions of the Council of Representatives and the Supervisory Board. It also confirms the cooperative’s strategy.The Executive Board directs business activities
The Executive Board of Osuuskauppa Keula cooperative consists of six members. The Executive Board’s task is to promote the interests and success of the cooperative by managing its affairs in accordance with the law and regulations, and to oversee the business. The Executive Board decides on the key objectives and strategies.The task of the management team is to put the strategy into practice. Each member of the management team is responsible for their own business area or area of expertise. 