Strategy

Document
Economic Committee Z Cooperation

Siddiqullah Kakar
Z CORE MEMBER
Strategy Document (Economic Committee)
This document serves and guiding document for The Economic Committee and achieving its major
objectives for the Core foundation.
CONTENTS

STRATEGY DOCUMENT (ECONOMIC COMMITTEE)-----------1

1.0 Executive Summary---------------------------------------------------------------------------------------------------------------- 2

1.1 The coming 5 years-------------------------------------------------------------------------------------------------------------- 2

2.0 The current environment--------------------------------------------------------------------------------------------------------- 3

2.1 SWOT------------------------------------------------------------------------------------------------------------------------------- 3

2.2 PESTLE------------------------------------------------------------------------------------------------------------------------------ 3

3.0 Strategic Plan------------------------------------------------------------------------------------------------------------------------ 4

1. Mission Statement------------------------------------------------------------------------------------------------------------ 4

2. Vision----------------------------------------------------------------------------------------------------------------------------- 4

3. Purpose-------------------------------------------------------------------------------------------------------------------------- 4

3.1 Operational Plan----------------------------------------------------------------------------------------------------------- 4

3.1.1 Economic Committee----------------------------------------------------------------------------------------------------- 4

3.1.2 Introduction----------------------------------------------------------------------------------------------------------------- 4

3.1.3 Members Selection-------------------------------------------------------------------------------------------------------- 4

3.1.4 Structure / Organogram-------------------------------------------------------------------------------------------------- 4

3.1.5 Committees Authority and Powers------------------------------------------------------------------------------------4

3.2 Administrative Policies---------------------------------------------------------------------------------------------------- 4

3.2.1 Members Inclusion/Exclusion------------------------------------------------------------------------------------------- 4

3.2.2 Framework developments----------------------------------------------------------------------------------------------- 4

3.2.3 Meeting Timing / Agenda Development------------------------------------------------------------------------------4

3.3 Responsibilities and Activities------------------------------------------------------------------------------------------- 4

3.4 Investment Approval Procedures--------------------------------------------------------------------------------------4

3.4.1 Economic Committee Approval range---------------------------------------------------------------------------------4

3.4.2 Core members range of approval--------------------------------------------------------------------------------------4

3.4.3 Procedures of granting approval orders------------------------------------------------------------------------------4

4.0 Risks------------------------------------------------------------------------------------------------------------------------------------ 4
 5.0 Financial Summary----------------------------------------------------------------------------------------------------------------- 5

5.2 Operational Budget-------------------------------------------------------------------------------------------------------- 5

5.3 Funding Sources------------------------------------------------------------------------------------------------------------ 5

5.3.1 Core Fund-------------------------------------------------------------------------------------------------------------------- 5

5.3.2 Loans-------------------------------------------------------------------------------------------------------------------------- 5

5.3.2.1 From Core Members--------------------------------------------------------------------------------------------------- 5

5.3.2.2 External Members / Parties------------------------------------------------------------------------------------------ 5

5.4 Donor Funds---------------------------------------------------------------------------------------------------------------- 5

6.0 Resource Summary----------------------------------------------------------------------------------------------------------------- 5

1.0 Executive Summary

1.1 The coming 5 years

Over the coming year we are going to…

2.0 The current environment

We will have to conduct an analysis of our environment in which we are going to undertake our
business, the two systems which are widely used for such analysis are SWOT and PESTLE.

2.1 SWOT

Both SWOT and PESTLE analyses can be used if they work in your environment – if not, just adapt this
section accordingly, or remove it altogether.

STRENGTHS WEAKNESSES

- A highly motivated web team, with a diverse - Inadequate funding

range of skills
- Little understanding of the power of social
- Strong technology, and a burgeoning online media across the organization
audience
- Support for, and awareness of, the
importance of the web

OPPORTUNITIES THREATS

- E-Commerce - Changing funding model

- Online marketing - Poor pay for web specialists within the

organization

2.2 PESTLE

POLITICAL ECONOMIC

- Continuing interest in ways of providing - Changing funding models as a result of

Open Data shifting priorities

- Electronic standards - Strong brand

SOCIAL TECHNOLOGICAL

- Increasing use of mobile devices: potential to - Ever-increasing access to, and speed of,
engage with a wider audience broadband web access

- We are a “trusted voice” in an environment - “Digital Natives”, familiar with the tools of
where there is “too much online content” online

LEGAL ENVIRONMENTAL

- Increasing number of Freedom Of - Improving internal processes so that less

Information requests paper is required to deliver content

- Data Protection Act issues with our - Re-purposing

membership database
3.0 Strategic Plan
1. Mission Statement

2. Vision

3. Purpose

3.1 Operational Plan

3.1.1 Economic Committee

3.1.2 Introduction

3.1.3 Members Selection

3.1.4 Structure / Organogram

3.1.5 Committees Authority and Powers

3.2 Administrative Policies

3.2.1 Members Inclusion/Exclusion

3.2.2 Framework developments

3.2.3 Meeting Timing / Agenda Development

3.3 Responsibilities and Activities

3.4 Investment Approval Procedures

3.4.1 Economic Committee Approval range

3.4.2 Core members range of approval

3.4.3 Procedures of granting approval orders

4.0 Risks

Economic committee to develop a Risk analysis tool, which can assess the risks associated with a
favoured investment in preferred industries in to the following categories

1. Yellow – Low risks between the range of 1 - 5

2. Amber – Intermediate risk between range of 5 – 7

3. Red - High Risk above the range of 7 - 10

5.0 Financial Summary
We should include the sources of capital which help the economic committee in investing in to
business and to generate revenue. This section of the document should also clarify the how the
finances of the Economic committee will be handled

2.

3.

4.

5.

5.2 Operational Budget

5.3 Funding Sources

5.3.1 Core Fund

5.3.2 Loans

5.3.2.1 From Core Members

5.3.2.2 External Members / Parties

5.4 Donor Funds

2.

3.

4.

6.0 Resource Summary

In this section Economic committee’s current members along with their qualifications should be
listed.