Zimbabwe Broadcasting Corporation Business Model

Transcript:Zimbabwe Broadcasting Corporation Business Model:
Zimbabwe Broadcasting Corporation Business Model and Turnaround Strategic Plan (FY2022 to 2025) (Updated for FY 2023) “To be the Zimbabwean voice of choice across multi-media platforms globally.” Table of Contents Executive Summary Strategic Foundations Situational Assessment Strategic Workings Strategic Workings- Execution 3 4 9 26 42 84 The End ZIMBABWE BROADCASTING CORPORATION (ZBC) BUSINESS MODEL AND TURNAROUND Strategic Plan Report (FY2022 to 2025) (Updated for fy2023) Appendix 76 ZBC Business Model Strategy Report (2022 to 2025)_Confidential [Prepared by Chess Executive Search & Coaching in conjunction with TEAM Consulting © 2022] 2 Executive Summary The Zimbabwe Broadcasting Corporation (ZBC) has defined its corporate vision as “To be the Zimbabwean voice of choice across multi-media platforms globally”, and a business model and turnaround strategy for the period FY2022 to 2025 has been set in support of the contribution of the ZBC to the National Development Strategy 1 (NDS-1). ZBC has set a strategic focus goal “To be a profitable entity which has declared a 3rd dividend by 31 December 2025.” This goal will be achieved through ZBC’s unique proposition of a wide reach (demographic , geographic and linguistic) and diversified multi-media channels with national coverage and supported by the strategic pillars of : Improved Programming and Content. Effective Human Capital Management. Financial Sustainability. Relevant Marketing and Customer Relationship Management. Appropriate Technology and Equipment. Good Corporate Governance. This document presents a report of the work done from 28 and 29 November 2022 with the ZBC Board , Management and Key Stakeholders to review the performance for FY2022 and the outline the plans for FY2023 and the details of how these strategies will be achieved and the specific indicators and targets that have been set towards this. ZBC Business Model Strategy Report (2022 to 2025)_Confidential [Prepared by Chess Executive Search & Coaching in conjunction with TEAM Consulting © 2022] 3 STRATEGIC FOUNDATIONS [Strategic foundations / unique proposition /business model canvas] ZBC Business Model Strategy Report (2022 to 2025)_Confidential [Prepared by Chess Executive Search & Coaching in conjunction with TEAM Consulting © 2022] 4 ZIMBABWE BROADCASTING CORPORATION Strategic Foundations [Mission, Vision and Values] 5 5 I MISSION “To produce and distribute commercially viable, innovative, high-quality content that projects the national voice locally and globally.” VISION “To be the Zimbabwean voice of choice across multi-media platforms globally.” VALUES Professionalism. Patriotism. Integrity. Teamwork. Accountability. Customer Service. The strategic foundations for ZBC provide guidance for all discussions and