Preview

5 year strategic plan of a business

Powerful Essays
Open Document
Open Document
2643 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
5 year strategic plan of a business
1.0 General Overview
The planners for EBASA Radio station recognized that the station must evolve and diversify in order to move forward, to remain viable, and to attract new different audience and supporters. These factors drew the attention of the Board to have a clear goals and a road map for reaching there when commence broadcasting. This has led to the preparation of a sound strategic plan. The strategic plan is a five-year plan that will clearly state the goals and objectives, strategies, action steps and timelines for achieving these goals. This planning process will symbolize the station’s commitment to a future that will be full of new opportunities for evolution and expansion.
1.1 Introduction
Radio CUC is a partnership firm owned and controlled by five able partners. It is registered under the Incorporated Private Partnership Act 1962, Act 152. Therefore, Radio CUC is an independent, commercial station which seeks to enrich the lives of people in the Brong Ahafo Region. The station will embrace diversity, tolerance and freedom of expression, and provide a platform for the exchange of ideas in a democratic environment that is respectful of each individual’s cultural and political perspectives.
The station will be broadcasted on the frequency of 108.2 FM from the Catholic University College of Ghana campus at Fiapre in the Sunyani West District. The station will be operated at the fourth floor of the new hostel behind the restaurant. The station has rented an office in Sunyani where it will attend to the needs of both customers and listeners.
The station’s on-air name is Radio CUC and it jingle will be Your rhythm to life. The name is drawn from the station’s location, although it is private owned station separated from the university. The owners chose Radio CUC with the idea of promoting and advertising the university as they are products of the university. Radio CUC will broadcast every day of the year, 21 hours per day on air and also will be

You May Also Find These Documents Helpful

  • Powerful Essays

    References: MAGALHAES, R. (2005, MAY). THE BUSINESS CONTINUITY PLAN RECOVERY DOCUMENT. RETRIEVED ON FEBRUARY 23, 2007, FROM…

    • 2998 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Business Plan

    • 2358 Words
    • 8 Pages

    Frasch Ren Services is a residential and commercial cleaning company servicing the upper class, dual earning households and business clients within the South London Area (Shoeburyness, Thorpe Bay, Southend East and Central, Westcliff, Chalkwell and Leigh on Sea).…

    • 2358 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Write a 700- to 1,050-word section for your strategic plan in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Include marketing and information technology strategies and tactics. Develop at least three methods to monitor and control your proposed…

    • 362 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Sincgars

    • 4068 Words
    • 17 Pages

    Without the aid of references, given a description or title, identify the controls of the man-pack configuration of the SINCGARS radio, per the student handout. (FMST.02.18b)…

    • 4068 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Case Study: Radio One, Inc.

    • 2476 Words
    • 10 Pages

    1. Radio One’s opportunities and risks with respect to their acquisition policy We have identified four main benefits and five major risks with respect to the desired acquisition of 12 urban stations along with the nine stations in Charlotte, Augusta and Indianapolis. Potential benefits: 1. After the acquisition of the 12 urban stations, Radio One becomes the market leader in the African-American segment. The market leader is usually the most attractive negotiator for advertisement companies since it targeting the audience largely. Therefore, the acquisition can increase Radio One’s advertisement revenues. 2. Radio One describes in its strategy plan the intention to expand its business activity scope in the long run. The acquisition of the 12 urban stations provides greater opportunities for Radio One’s planned expansion into a broader scope of media, such as internet, cable radio and recording. Therefore, the acquisition affects the realization of its strategy positively. 3. The acquisition can create some synergies for Radio One since the 12 target radio stations are in the same line of business as the existing radio stations. Potential synergies can be realized by cutting costs and improve efficiencies. One straightforward way to do this is by merging some of Radio One’s departments, for instance marketing, finance, and etcetera. 4. The African-American audience can be characterized as a high growth market segment with 60% faster population growth and 150% faster income growth than the general population. The acquisition enables Radio One to provide radio services in much more markets for the African-American audience. In this way, Radio One can attract more African-Americans which will become a very…

    • 2476 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Strategic Business Plan

    • 4828 Words
    • 20 Pages

    My name is Cherie Storms. I work full time as a Licensed Customs Broker, specializing in International Trade Compliance and help Canadian importers do business within the Canadian Customs environment. I am working towards completing a Business Management Program, and was recently nominated by my employer for an International Trade “Young Professionals Program” for exhibiting leadership potential in the fields of customs, trade compliance, business and promotions. I inspire and motivate others through my strength, courage, enthusiasm, individuality and spunk.…

    • 4828 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Business Plan

    • 616 Words
    • 3 Pages

    a. the product or service, and general staffing plan. Provide a rationale for your plan.…

    • 616 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Bt Direct Marketing

    • 5964 Words
    • 24 Pages

    Our suggested strategy emphasizes on our effort to launch BT as a potential ¡¥active member¡¦ in the economical and social life of the country, in contradiction to the characterisation of the past as a ¡¥public enemy¡¦ from the press. Our planning is based on an analysis of the customer¡¦s future requirements, as well as the current needs in comparison to the past. Major role at this planning plays the succession process from one time sector to the other. The philosophy of our strategic business plans is to bridge the gaps between past, present and future, having as a result a limitation of available time to our competitors to attack to our market share while we remain idle. Our proposals include a ¡¥bouquet¡¦ of changes, improvements and alternative solutions (segmentation planning, direct marketing…

    • 5964 Words
    • 24 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Plan

    • 588 Words
    • 3 Pages

    Band: Juelz Sanatana Feat. Paul Wall Album: DipSet Memorial Day Song: We Don't Give A Fuck About You DipSet Swisha House, baby Juelz Santana Ya boy, Paul Wall Yeah,…

    • 588 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    5 Year Plan

    • 324 Words
    • 2 Pages

    Right know as I write this paper I am not in the best point in my life the best part of this though is that I am going to school to further my education. At this point and time I am attending I.O.T in full ride to become a professional medical assistant and get further in my life. In five years I see my self with everything I could ever want let. Me start with my nursing career, I plan to graduate I.O.T and start working: while still working I plan to go to school to become a registered nurse and make my dream of helping people come true. After I am finished with my schooling for nursing I plan to get a job at a well know hospital like doctors or memorial and work my way up the later to be head nurse(charge nurse).…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Campaign Essay

    • 2280 Words
    • 10 Pages

    Ofcom (2011) A guide to community radio. [online] Available at: http://consumers.ofcom.org.uk/2011/05/a-guide-to-community-radio/ [Accessed: 15 Oct 2012].…

    • 2280 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Five Years Plan

    • 1127 Words
    • 5 Pages

    Because of the situation, my career goal is focus on keeping the family business and trying my best to improve it. The business in my family is industry and my job is going to administrate the employees.…

    • 1127 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Case 11-3

    • 1049 Words
    • 5 Pages

    Secondly, CCC could help agents of the CUP. The CCC is staffed 24 hours a day, 7 days a week, which can make sure someone is always available to customers. As a result it could be a backup for the agent when customers can not connect to their agent at night or weekend. Moreover, CCC informs all its communication with customers to the agents. It could also contact prospective customers for agents.…

    • 1049 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The Mission: Transcom’s mission and vision are combined into a unified single statement called the TransVision, which represents our identity and lays out our corporate goals. The seven statements outline Transcom’s vision and describe where we will be in 3-5 years’ time. We believe our TransVision statement aptly describes what we do and what sets us apart:Transcom manages customer interactions on your behalf. We are an extension of your company wherever your customers are. We inform and support them, sell your products and services and ensure an efficient and successful payment process. We listen, understand and adapt to your needs and those of your customers! With our unique Business Model driving operational excellence with statistical quality controls, proprietary technology and continuous improvements,…

    • 2630 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    . Radio reporters follow up society issuesrelating to religion, politics and education .They report back to societythrough news bulletins and other programmers. Radio keeps an eye oncrimes and security in society.…

    • 306 Words
    • 2 Pages
    Satisfactory Essays