Measuring mutual value

The Mutual Value Measurement (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.

MVM dimensions

 MVM dimensions

1. Commerciality

Commerciality refers to the generation of sustainable economic value for current and future members through business operations.

2. Shaping markets

Shaping markets refers to the value of a co-operative or mutual enterprise’s existence in creating, maintaining or shaping sustainable and competitive markets for goods and services.

3. Member relationships

Member relationships refers to building and maintaining meaningful and sustainable relationships with members of the co-operative or mutual.

4. Community relationships

Community relationships refers to building and maintaining strong and sustainable relationships with the broader community beyond the members of the co-operative or mutual enterprise.

5. Ecosystem and reciprocity

Ecosystem and reciprocity refer to the co-operative or mutual thriving alongside other stakeholders as part of a mutually beneficial and sustainable ecosystem.

6. Mutual Mindset

Mutual Mindset refers to acting ethically, sustainably, and consistent with mutual and co-operative values.

"This framework is a great initiative for our industry and a useful and practical tool specifically designed for the mutual and co-operative business model."

Lisa Williams

Finance Manager | CivicRisk Mutual
(May 2021)
COPYRIGHT - MUTUAL VALUE MEASUREMENT

The Mutual Value Measurement (MVM) Framework© and related material was developed by the Business Council of Co-operatives and Mutuals in partnership with Monash University’s Monash Business School. All intellectual property and rights are vested with the BCCM and Monash Business School and any use of this material should only be done with the express authorisation of the BCCM and Monash Business School. BCCM members granted access to MVM materials are required to obtain approval from BCCM and Monash Business School, Monash University if they wish to share any MVM material with third parties.

The MVM Framework© and related material are protected by copyright. The copyright owner is the Business Council of Co-operatives and Mutuals (BCCM) and Monash University’s Monash Business School.

All frameworks, tools, text, copy, photographs and graphics are copyright © 2019 to the Business Council of Co-operatives and Mutuals (BCCM) 2019 and Monash University’s Monash Business School, unless otherwise stated. You may not make alterations or additions to the material on this site, sell it, or misappropriate it. The BCCM and Monash University’s Monash Business School, do not permit reproduction without request and acknowledgment.

COPYRIGHT - MUTUAL VALUE MEASUREMENT WEBSITE

Material on this site is protected by copyright. The copyright owner is the Business Council of Co-operatives and Mutuals (BCCM) in partnership with Monash University’s Monash Business School. All frameworks, tools, text, copy, photographs and graphics are copyright © 2019 to the Business Council of Co-operatives and Mutuals (BCCM) and Monash University’s Monash Business School, unless otherwise stated. You may not make alterations or additions to the material on this site, sell it, or misappropriate it. The BCCM and Monash University’s Monash Business School, do not permit reproduction without request and acknowledgment.