Page 9 - E-book 2018 Management Strategies

Other Income

Why What When How

Build other income  Cost projects that Concurrent  Identify the
by $6 million. can be department
attainment of 8
grants
Strategy is to applied for for other who will be
tasks
secure example the undertaking
revenue
financial stability. Learning Hub (FOM) generation. All to the task
start within the first ENSURE
Simply put, if other  Secure candidate’s quarter. As a EXECUTION
income is not intellectual motivational tool
grown and there is property for there is a  Outline
ensure
an extra- ordinary beneficial use
measurement tool
event, the the Charity available to staff to costing
within
parameters
organization will (CS) see the growth. to FOM
cease to exist. If
other income is  Build up existing and
not grown and partnerships.  Ensure the
new
contributions Inspera, marketing is
plan
decline, the Caribbean Exams, specific by
organisation CXfree (CS) product by
cannot sustain territory.
 Two
itself over a new
two-year period. professional ex-
aminations  Automate as
Security and far as
paramedics. (BD) possible the
granting of
 Increase the IP
candidates existing permission
subjects and new and
(geographical  Complete
expansion). (CS) negotiations
rd
with 3
 Ensure conference parties re
facilities study guides
operational. (BD) and past
papers.
 Increase volume and
coverage of past  Determine
papers and study volume
guides. (BD) increase via
learning hub.
 Increase volumes via Segment this
the Learning Hub and market.
resultant increased
advertising.
(MARKETING)
Additional Information:

 Strong legally binding contracts
 Active well-marketed learning hub
 Marketing materials to drive candidates to the learning hub and
website
2018 CXC® Strategies Page 5