A groundbreaking framework developed by Monash Business School which helps mutual enterprises define their true value has been rolled out as a commercial venture.
The Mutual Value Measurement Framework (MVM) provides co-operatives and mutuals with a common language to understand how and where they create value, how to measure and represent this value, and how to communicate it to stakeholders.
The framework is the product of a $1.1 million co-funded two-year study – one of the largest industry-funded projects of its kind undertaken by Monash Business School researchers – involving 268 people from 13 different cooperative and mutual enterprises.
Read the full article, Measuring what matters: Commercialisation success for accounting framework, on the Monash Business School website, 10 August 2022.