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Mondragon Co-operatives another form of employee ownership

Mondragon is possibly the leading example in the world of the work cooperative model of employee owned companies. Originating in the Basque country of North Spain in the 1950’s it has grown to become the seventh largest business group in Spain which substantial operation across the world. In may 2013 William Franklin of Pett Franklin visited Mondragon and this is his personal perspective on how it has coped with the challenge of globalisation and the European economic crisis.

Mondragon co operatives 2013 an alternative to share schemes – 6 and 7 june 2013 from PettFranklin