Dear Comrade(s),
We realize there is duplication in the first draft shared, below is a categorized and itemized version of the Bacadet Strategies 2019-2021. Out of this draft a time/ implementation plan will be drawn to effectively implement the respective proposals into actual actions based on the respective contribution and participation. Vibrancy is key in keeping this organisation afloat, we need your financial, material and moral support. We are open to productive criticism and challenges.
We look forward to your quick response to our cause; time is of essence in order to serve you better.
1. Increase member participation
· Ensure effective collection of contributions ie welfare, subscription and optional contributions like Mabugo, Xmas basket etc.
· Use several forms of communication to Bacadet ie social media, text msg, email and physical gathering/ meeting.
· Executive to hold quarterly review meetings and update the main forum.
· Recognize, motivate and reward best performers through incentives like certificates, prizes, Title holders and any other.
· Periodic hosting of Bacadet at members premises, homes and other relevant opportunities (Work related and social gathering).
o Explore family get together, Bacadet Kids day out etc.
· Encourage skills and experience sharing; this will cement a mutually benefiting relationship and association.
· Explore opportunities from Members’ wealth of knowledge skills and connections.
o Fundraising and Advocacy
· Sub committees comprising of executive members and general members to form working groups/ committees
o Align roles and responsibilities to support each other for effective operations and an “All inclusive Team” Twebereremu
· Operational charge optimization and maximization on savings (bank charges, communication, stationery etc).
2. Investment and Income Generating activities
· An independent investment arm to operate investments to be formed based on share capital contributions- Amendments to the constitution to cater for this to avoid creation of another organistaion is required in form of a resolution
· Initial share price is 100,000 UGX
· Members including their Families can buy as many shares as possible
· External (non-member) share holding can be debated upon and passed by a share holders meeting
· A consented investment contribution will be derived from Bacadet annual subscriptions to specifically cater for group investments/ stake in opportunities availed.
· Each investment opportunity / venture will be tabled for Member selection( you can opt to invest a given number of shares- example is Kamoga has 10 shares; he invests 3 in Nigina trading, 4 in Money lending, 2 in Land speculation and 1 in sulubada..)
o Your individual or group selection represents the risk you take in each investment and subsequently dividend at the end of the financial transaction/ deal in a given accounting period
Please note that this is a draft to the final working document that we need to operationalise and get this organisation to meaningful and mutually benefiting stages, work with us in this infancy to rejuvenate the pride and might of Bacadet 94.
God bless you and the world at large.
Bacadet 94 Executive Committee
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