Strategic management Essay Example | Topics and Well Written Essays - 750 words - 5

Strategic management - Essay Example Retrieved from http://www.usnews.net/index.php/sid/232821615 Treanor, J. (2015). Co-op declares miscount in election to members council. The Guardian. Retrieved from http://www.theguardian.com/business/2015/may/13/co-op-group-extends-voting-deadline-after-miscount The Cooperative group has claimed that there was miscounting of votes for election to its council members and had to extend the vote casting period for its members. Members casting their votes via the website faced some problems making the management extend the registration that was set for Wednesday noon. Some individuals who vied for the election got information from the company that the information that they had won the elections was incorrect. The members council comprises of about 100 representatives of its members (The Guardian, 2015). The individuals wishing to represent the independent societies on the members’ council were affected most such as the Midcounties that have an ownership of 22% of the Co-op (Murray, (2015). The rest percentage belongs to the 7 million members using the group’s funeral homes, shops, and the other services. The votes are supposed to be weighted according to the relationship existing between the society and the main group, which never happened in some votes. Two candidates received incorrect information of their success, and some two others were informed that they did not succeed. The bank had a scandal that caused the group to suffer a loss of 2.5bn pounds in the year 2014, and the elections were to bring some reforms in the Co-op group according to The Guardian (2015). There are some controversies regarding the selection of the candidates to represent their members on the group board as initially there was a list containing six members later reduced to three. The reduction of the candidates reduced competition in the contested elections. The top