Transcript THE JOMO KENYATTA FOUNDATION

THE JOMO KENYATTA FOUNDATION
LAUNCH OF
STRATEGIC PLAN 2007 – 2012
WEDNESDAY 31ST OCTOBER 2007
INTRODUCTION
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JKF established in 1966 as a company
limited by guarantee.
Objective: Advancing education and
relief of poverty and distress of
public.
Publishing and scholarships the 2 key
pillars of meeting the objective.
Enjoyed monopoly for the supply of
educational materials through the
Kenya School Equipment Scheme in
the 80s.
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Advent of economic liberalization in the
1990s led to increased competition.
Changes in the operating market conditions
together with various legal, policy and
institutional reforms affecting the Public
Sector in general and education in
particular have necessitated a re-evaluation
of the Company’s policies and operational
structure.
Thus the development of the 2007 – 20012
strategic plan.
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Implementation will be anchored on 2
pillars:
 Development and upholding of core
corporate values.
 Institutionalization of a Results
Based Management (RBM) system.
Key challenge today is to increase
profitability to meet the scholarships
commitment.
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Strategies for dealing with challenges:
 Product and market diversification.
 Improve quality of products and
services.
 Capitalize on opportunities to
increase market share.
Way forward
 Improve corporate governance
structures and capacities.
 Develop and adopt a customer
service charter.
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Mission: To advance education and
knowledge through competitive
publishing and provision of
scholarships.
Vision: To be the top publishing
house in Eastern Africa and a
leading scholarships provider in
Kenya.
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Motto: Supporting your education.
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Core values:
 Professionalism
 Integrity
 Fairness
 Innovativeness
 Teamwork
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Goals
 To publish quality products
 To broaden market share
 To develop our business with
sustainable profit levels.
 To increase educational
opportunities for needy students
throughout the country.
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Key objectives:
 To publish at least 40 new titles
annually.
 To review and update existing
publications from time to time
based on prevailing curriculum
 Increase publications in the general
readership market.
 Strengthen the scholarship function
over the plan period.
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Increase scholarship funding and
educational opportunities through
setting up of alumni.
Introduction of scholarships find
raising function and establishment
of an endowment fund for the
same.
Introduction of the monitoring and
evaluation function for quality
assurance and informed decision
making.
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Developing quantitative and
qualitative benchmarks to help assess
where JKF stands in the industry.
Development of the highest
professional and management
standards for the staff and operations.
Mid-term review of the plan.