Effectual Entrepreneurship, Third Edition
Practically Speaking
Swiss Precision: Making Cooperatives Work in Banking
This member-owned Swiss bank seeks to balance the interests of its members and community while maintaining financial sustainability.
Entity: Raiffeisen Bank
Country: Switzerland
Page 400 in
Chapter 23 Social Change and Markets in Human Hope (pp. 391 to 424)
"Raiffeisen Bank, the third-largest player in the Swiss banking market, serves as an example of balancing the interests of its members and community while maintaining financial sustainability in a cooperative bank model. The bank's structure involves its cooperative members actively in decision-making, ensuring an exceptional proximity to clients and a strong emphasis on local/regional markets.
Fine-Tuned Machine
In terms of financial performance and market reach, Raiffeisen is significant. It serves more than 42% of the Swiss population, with one in every five mortgages in Switzerland originating from Raiffeisen. This extensive reach is supported by the densest branch network in the country, demonstrating its commitment to accessibility and local presence while offering a complete suite of digital banking services.
Raiffeisen has shown a commitment to sustainability, expanding its range of pension and investment products to include more sustainable options. This includes the launch of the "Futura Impact" asset management mandate, which aims for a positive environmental and social impact, demonstrating a balance between financial goals and broader societal contributions."
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Video Resources
References & Links
- How Starbucks Became An $80B Business—YouTube. (n.d.). Retrieved April 20, 2025, from https://www.youtube.com/watch?v=XUBeH7VQaFY&t=50s
- Howard Schultz. (n.d.-a). Schultz Family Foundation. Retrieved April 20, 2025, from https://schultzfamilyfoundation.org/team-member/howard-schultz/
- Howard Schultz. (n.d.-b). Forbes. Retrieved April 20, 2025, from https://www.forbes.com/profile/howard-schultz/
- Howard Schultz. (2025). In Wikipedia. https://en.wikipedia.org/w/index.php?title=Howard_Schultz&oldid=1285405168
- Howard Schultz: An Overview of the Entrepreneur’s Career - 2025. (n.d.-c). MasterClass. Retrieved April 20, 2025, from https://www.masterclass.com/articles/howard-schultz-life-and-career
- hpeiper. (2018, September 4). Schultz to young entrepreneurs: ‘It can happen for you’. Starbucks Stories EMEA. https://stories.starbucks.com/emea/stories/2018/bocconni-university/
- Starbucks CEO Howard Schultz: How to Be Strategic Thinkers | Inc. - YouTube. (n.d.). Retrieved April 20, 2025, from https://www.youtube.com/watch?v=Q5Djl9_Xc3w
- Starbucks’ CEO Talks Business—YouTube. (n.d.). Retrieved April 20, 2025, from https://www.youtube.com/watch?v=83yInyY1KLs&t=152s
- Starbucks’s Howard Schultz: From Coffee Entrepreneur to Three-Time CEO. (n.d.). WSJ. Retrieved April 20, 2025, from https://www.wsj.com/story/starbuckss-howard-schultz-from-coffee-entrepreneur-to-three-time-ceo-439768fc
- Taylor, K. (2017, December 13). From Brooklyn to Billionaire: The Story of How Howard Schultz Transformed Starbucks Into an $84 Billion Business. Inc. https://www.inc.com/business-insider/howard-schultz-chairman-former-ceo-starbucks-successful-billionaire-coffee.html
- The Man Behind Starbucks Reveals How He Changed the World—YouTube. (n.d.). Retrieved April 20, 2025, from https://www.youtube.com/watch?v=LnA7n9qSB7E&t=255s