STRUCTURAL MODEL ON CREATIVE CLIMATE AND ORGANIZATIONAL SUSTAINABILITY

Povzetek

With the advent of industrial breakthroughs, organizations are faced with the dilemma of choosing between extinction and sustainability right from the planning stages of their business activities. More so, profit-generating activities are enveloped in a highly competitive environment. The cooperative industry is a powerful key to alleviating the members' living conditions while sustaining economic growth. The purpose of this study is to come up with a best-fit structural equation model that best fits the Climate for Creativity and Innovation: Resources, Motivation, and Exploration as well as the Economic, Social, and Environmental Sustainability of the Multi-purpose Cooperatives. This study utilized structural equation modeling. The survey sampled 641 cooperative officers among cooperatives in Bukidnon, Philippines. The best-fit model reveals that economic sustainability can be best predicted by resources and exploration. This concludes that if cooperatives create a climate for creativity and innovation, sustainability will follow. Specifically, multi-purpose cooperatives should provide officers with sufficient resources such as idea time, idea support, and dynamism and a supportive mechanism for exploration such as freedom and risk-taking.