Today let’s concern ourselves with a very unique type of entreprise which allow new forms of participative management: the Scops.
A Scop (société cooperative et participative) is a cooperative enterprise in which the employees hold the majority of the company’s share capital. Nowadays, it gives about 2000 Scops in France and 40 000 employees working in.
But what define a Scop?
Employees elect the management team, actively participate in decision-making, manage the company, and share its profits, in accordance with the democratic economic principles of cooperatives. Under French commercial law, Scop may be incorporated as an SA (société anonyme) public limited company or an SARL (société à responsabilité limitée) limited liability company.
Stakes shared with employees
Scop is considered by many to be the ultimate company structure for participatory management. Indeed, employees are actively involved in their companies and are highly motivated since they have direct stakes in the capital ownership, results, management, and decision-making of the Scop.
Scops promote responsibility, solidarity and good citizenship by encouraging each individual to take responsibility in a common project where power, decision-making and profit are distributed fairly.
High internal training
Training and informing are an inherent part of the Scop’s participatory nature.
It builds a sense of belonging and spark the entrepreneurial spirit through a shared approach to creating and maintaining a business.
A proper statute
The Scop statute encourages full entrepreneurial participation. Focusing on people more than capital, the Scop Enterprises network helps to develop entrepreneurial skills through its cooperative and managerial training program.
This statute also strikes a balance between entrepreneurial freedom and the security of a group working together, between individual fulfilment and group achievement, and between economic necessity and human ambition. It balances the relationships between managers and employees, the remuneration of work and the return on investment, and it balances managing the short term with building the long term.
Thereby, the participative management style of the Scop gratifies both the employees (which feel highly integrated in the decision-making process) and the manager (which get great results from its motivated team).
English Track Group B