CORPORATE REPORT MODEL Sample Clauses

CORPORATE REPORT MODEL. The Secretary or other designated reporting officer of the Corporation shall file reports with the Oneida Business Committee and General Tribal Council in accordance with this Article. Reports shall be prepared at least annually to coincide with the annual meeting of General Tribal Council, with other reports quarterly to the Oneida Business Committee or as required by the Business Committee as the shareholder/member of the corporation. Section 1: Narrative Report (A) Definition: Narrative report is defined generally as contextual and non-financial information reported with financial information in order to provide understanding of the corporation’s business done, market position, strategies, performance and future expectations. The Narrative report should include topics and information covering four broad categories of information, including 1) Market overview; 2) Strategy and Structure of the Corporation; 3) Management of value of the Corporation; and 4) Performance of the Corporation over the reporting period. (B) Components of Report: Narrative reports should include, but are not limited to, at a minimum, the following components in a comprehensive means for easy distribution and understanding: a. Explanation of the core of the Corporation’s business practices and market overview. b. Explanation of the Corporation’s current place within the market. c. Explanation of the outlines of strategies by the Corporation for improved value in the market. d. Explanation of the Corporation’s relative performance vs. competitors and identification of key competitors within the market. e. Explanation of any material changes or developments in the market or nature of business the Corporation is primarily engaged in since the last reporting period. f. Identification of the primary goals and targets of the Corporation and progress made towards accomplishment of the same. g. Identification of key elements for success in strategies given, including risks, resources and relations available and needed in order to successfully fulfill outlined strategies. h. Identification of medium (two to five year) and long (greater than five year) prospects and sustainability of the Corporation given present status, strategies and risks. i. Explanation of market growth(if any) experienced by the Corporation, identifying sources of growth (i.e. organic growth through market share increase, volume of business increase, acquisition of competition or other assets, etc.). j. Summary of the a...