Labor cooperatives emerged as a comebackto thegovernance and fiscal crisis, whichled Indupalma at the start of the 1990s to the verge of insolvency. Workers formed organizations to create autonomous business units (including cooperatives, microenterprises, and organizations), which sold their services to Indupalma. The companyinvested a whole lot of resources in human resource development for associates and in administrative and technical training.
The operation of workers enhanced, and the fiscal viability of the business was recovered. Now, cooperatives face multiple societal and economical challenges; the part of Indupalma in confronting these challenges (intervention, paternalism, authorization, or indifference) will put to the test the solidity and accurate impact of the development procedure.
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT