Financial planning : its importance and contribution for the management of cooperative enterprises

• Autores: Reisdorfer, Vitor K.; Koschewska, Sandra R.; Salla, Neusa G.
• Año de publicación: 2021
• Idioma: inglés
• Tipo de recurso: artículo
• Materia: Financial planning; Production cooperatives and regional development
• Institución: Universidad Nacional de Misiones

Fil: Reisdorfer, Vitor K. Universidad Regional Integrada del Alto Uruguai e das Missoes. Ciencias Contables y Administración; Brasil.
Fil: Koschewska, Sandra R. Universidad Regional Integrada del Alto Uruguai e das Missoes. Ciencias Contables y Administración; Brasil.
Fil: Salla, Neusa G. Universidad Regional Integrada del Alto Uruguai e das Missoes. Ciencias Contables y Administración; Brasil.
The objective of this article is to evidence the importance of the adoption of financial planning for the production cooperatives, based in the Misiones region and its effective contribution in the management of those organizations. With the current market dynamics and the constant changes of competitive atmosphere, the cooperatives also need to change, and, in times of changes, one needs plan quickly. Agility, efficient budget, use and adaptation of the forecasts, analysis and effective information management, are the key for managing the change process and to achieve the planned performance. Broadly adopted in large private enterprises, Financial Planning is a highly important management instrument in the decision taking process. Yet, very few are the cases of cooperatives, here highlighted are the production ones, which have as a practice the elaboration and maintenance of a financial planning. Planning facilitates the anticipation of the decisions and solutions, avoiding waste on behalf of the organization. In synthesis, we try to present the importance of maintaining an appropriate financial planning to the reality of the management of production cooperatives, just as the contribution that will bring about the regional development, because healthy management of those cooperatives generates wealth, employments and they contribute for the effective and sustainable growth of the region.