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Twenty-one trustees from Ë¿¹Ï¶ÌÊÓƵ’s electric distribution cooperatives attended NRECA’s CCD (2610) Understanding the Electric Business course on February 23, 2024.

Taught by Scott Luecal, this is 1 of the 5 CCD courses designed to provide the electric distribution director with an understanding of the operational challenges electric cooperatives face.

The course also presents a set of tools to facilitate due diligence in boardroom decision-making on these issues.

KEY TOPICS 

• The policy and planning decisions boards make with regard to utility operations.
• Developing a culture of safety at your cooperative.
• How boards authorize resources consistent with the strategic plan, long-range financial.
• The board’s role in the delivery of electricity includes how board provides direction.

DIRECTOR COMPETENCIES COVERED IN THIS COURSE

• Protocol and Practices: Engages in activities that support the board in determining its own priorities and information needs.
• Analytical Thinking and Decision Making: Thinks systematically, conceptually, and analytically to determine effective solutions.
• Strategic Planning: Engages in strategic planning that contributes to the direction, core values and goals of the cooperative.
• Financial Oversight: Demonstrates an appropriate level of financial knowledge and understanding and can interpret financial reports and statements and monitor corrective action to ensure financial goals.
• Industry Principles and Concept: Knows the basic jargon and concepts of the energy industry.
• Cooperative Principles and Practices: Demonstrates an appreciation of the cooperative business model and a commitment to cooperative values.
• Member Focus: Focuses on the needs of members.  

Next year OEC will host 2620, 2630, and 2640.