1. Mondragon Co- operative Experience

2. Primary Social Ideals 10 Basic Principles Worker focused Open to all
Nature of capital
Inter-Cooperation
Universal

3. Ideals Made Manifest Co-operatives are able to join Mondragon
Mondragon Unibertsitatea
University open to anyone who is qualified.
No obligation to work with the co-operative after graduation
Co-operatives are able to join Mondragon
Co-operatives include non-members
People with disabilities welcomed into the co-operatives

4. Motivation Founded in 1956 25 years after Spanish Civil War
Founded by a Catholic priest and students at his business school
Wanted to create an industrial business where the workers came first

5. New Opportunities Diversification International Presence Finance
Increased Globalization
International Presence
Diversification
Finance
Industry
Knowledge
Retail

6. New Challenges

7. Response Unilateral reduction in wages Transfer of employees
By democratic vote
Transfer of employees
Pooling of profits
International resources

8. Continued Success 268 Associated companies 73,635 Employees
102 co-operatives
73,635 Employees
Production facilities on five continents
Production subsidies and corporate offices in 41 countries
Sales in more than 150 countries

9. Continued Success

10. Influence Largest Corporation in the Basque region
Tenth largest corporation in Spain
Has helped to found and sustain co-operatives around the world
Unities Steelworkers and OEOC in 2012

11. Lessons to Learn Focus on the workers
Helped to save jobs during an unemployment crisis
Minimum wages are higher than average
Focus on co-operation has led to many co-operatives joining the group
Diversification and Globalization
The corporation has remained adaptive and competitive

12. Relation to Mechanical Engineering
Talleres Ulgor
Original co-operative, produces electrical appliances
Many of the co-operatives are industrial in nature