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These include: intense regional competition, industry consolidation, increased operating costs, technology changes (digital conversion), a declining number of volunteers, a plateau in memberships, and a loss of underwriting from local businesses.
These concerns must be dealt with properly as we move into the future.
The issues that need to be answered within this memorandum are what changes we need to make on our strategic plan to improve our financial performance. KRCB is facing various problems externally and internally. The external problems consist of stagnating memberships by customers, increased regional competition, changes in digital technology, fundraising prospects, declining number of volunteers, and decreased underwriting from local businesses...
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