📈Revenue circle
Summary
Organisational budget
Oversee finances and spending
Strategy development and overview of implementation
Fundraising
Distribution strategy
Oversee risk management
Circle vision
We are all aligned and excited by the strategic direction of the organisation and are working towards it across all circles and roles. Whole organisation mission, values and aims are alive and inform team planning and prioritisation.
Our strategy development processes incorporate data and learning from what’s gone before including the strategic sense of our staff, board and members on what matters.
The co-op has sufficient revenue to pay staff a decent wage with regular increases, fairly compensate freelancers and collaborators and invest in our aims.
We meet our legal requirements and obligations to funders. The work of the Strategy lead and Operations lead are well supported so that they feel engaged and rewarded by their work.
Accountabilities
Budgeting and business planning
Oversee the organisational budget and monitor spending.
Oversee financial and governance reports for the board meetings and subgroup meetings where required. Communicate relevant information about the organisational budget to other relevant stakeholders where required (staff, members etc) including via the annual report.
Support the Strategy lead to produce and implement a business strategy that provides a framework for the Cable’s path to sustainability in line with our values.
Oversee the development of sustainable revenue, including:
Collaborate with the team to develop and implement our audience funnel, converting people in the city into readers, members, and advocates for the Cable.
Frequently review opportunities for the diversification of revenue streams.
Maintain awareness of funding opportunities and where needed source support for grant applications and subsequent reports and management.
Participate as an advocate for the Cable in conferences where required.
Oversee the distribution strategy.
Fundraising
Develop fundraising strategy.
Work collaboratively to apply for grants.
Manage relationships with funders including via grant reporting.
Strategy support
Reflect on organisational metrics and feedback to more effectively plan and achieve goals
Oversee the development of organisational strategy
Design and implement strategy development processes
Domains
Organisational strategy
Organisational budgets
Organisational fundraising strategy
Finance and governance reports
Grant applications and reports
Fundraising relationship management
Business plan
Distribution strategy
Suggested: Risk management matrix
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