Historically, cooperative writers have outlined the formal functions of the board in the decisionmaking, trusteeship, advisory, and symbolic roles. In the interest of brevity, specific responsibilities necessary for successful board and management operation are outlined. The responsibility for board and management decisions have been clearly defined in some specific areas. It should be noted, however, that there are many functions and activities where board and management share responsibility. The board has the responsibility to hire and determine the duties, salary and authority of the manager.
Board members meet infrequently and often are farming or engaged in other occupations.
It is essential that the board delegate the day-today management responsibility to a competent general manager, who is held accountable by the board for his or her decisions and performance. The manager has the responsibility for selection and administration of all other employees. The board of directors defines and sets the cooperative overall objectives and policies and sets long-range goals with management. Management defines the objectives, policies and goals for the operational staff within the general board policies. Also, management has the important responsibility of accurately reporting on financial progress, operational concerns, organizational problems and accomplishments at regular board meetings.