Mutual Value Measurement©
It is a significant challenge for co-operative and mutual enterprises (CMEs) to consistently quantify and communicate the value their businesses create.
To meet this challenge the BCCM has partnered with researchers at Monash University, our members and the CME sector, to refine a new approach to measuring our positive impact on our members, customers, our community and the economy – the Mutual Value Measurement (MVM) Framework©.
The Mutual Value Measurement Framework© enables CMEs to measure their total value creation (mutual value) through a set of common dimensions and a 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 MVM Framework©.
To explore using MVM Framework©, book a one-to-one consultation with the BCCM and Monash University.
Measuring what matters to CMEs
How do we measure success?
The MVM Framework© helps co-operatives and mutuals to measure their total value creation through a set of common dimensions and shared language about measuring and reporting mutual value.
The MVM Framework© uses six dimensions to cover the unique areas of value that co-operatives and mutuals generate.
Monash Impact: The Mutual Value Measurement project
Monash Business School partners with industry to tackle unique business challenges. Working closely with the Business Council for Co-operatives and Mutuals (BCCM) and 13 of its member organisations, Monash Business School have produced a ground-breaking tool that measures the intangible social and economic value these organisations deliver to their members. The project was partly funded by a Monash Business School Impact Acceleration Grant. Hear from Monash Business School’s Professor Gavin Jack, Dr Paul Thambar and Professor Matthew Hall, along with BCCM CEO Melina Morrison and Linda Bostock, CEO/Managing Director of Statecover, on how this research has helped organisations.