Q1 report

Page 1


A message from the President



iGCDP Inferences: Negligible decline in matches, however over a 50 % increase in client base and diversity of projects offered. 50 % decline in Matches and Realizations, primary reason being over re-structuring of the portfolio Focus on quality for Q1, to be followed up with bigger numbers in Q2 50 % of interns who have been realized in Chandigarh this year have gone back to their home LC and joined AIESC ^_^

 

Chart Title 80 70 60 50 Raise 40

Match

30

Realisation

20 10 0

Focus Area Review:   

2012

2013

Financial sustainability: Quarter 1 saw a profit of 10,000, with Quarter 2 expected to increase LC profit by over 10 times. High trainee house rent is one of the reasons for slow intern conversions. Quality: Zero quality cases, highly positive LC reviews and over 12 case studies and reports generated for the first Quarter. Looking to build on LC ties through these experiences. High focus on both National and Regional Projects. Regional projects have been successfully initiated in Quarter 1, iCan (Cancer awareness) being the successful initiative. Looking to build more on the healthcare sector and the SMEs in the coming quarter. Exchange Experiences: Major focus is on converting International Relations for Quarter 2 and 3. Quality/processes have been standardized for higher efficiency and delivery in the coming weeks.


Notable initiatives: 

High quality, high conversion internal Marketing pilot “ Chandigarh 2013” has been hugely successful. This in addition to “interntales” will be used in the upcoming internal Marketing campaign, “open heart”. Highly motivated membership, TLs have had a strong volunteering experience, presence of a common line of thought in the portfolio

Way forward:     

High-potential IR to be capitalized, National Cooperation(s) being materialized for Q2 and Q3. Strong scope for BD-iGCDP synergy to raise money, and deliver a holistic Balakalakar. Internal marketing campaign, “open heart” to be launched by April end, to provide impetus to exchange. Using Top Gun (Rewards and Recognition) to drive a stronger department culture and increase the number of experiences delivered. Pioneering showcasing impact to have a direct conversion in exchange.


oGCDP



iGIP Raises: There has been a growth of 70 percent in raising. We had a lot of new clients that were converted this year. The good delivery in the month of December helped us to retain a lot of our old clients.

Chart Title 2013

2012

100 90

Matches: There has been a growth of 650 percent in matching. However, we could have converted a lot in March. It certainly is a downside.

80 70 60 50

Realizations: We had a growth of 280 percentage in realization. This was majorly because of the strong pipeline created from December 2012 and the growth in no of matches in Q1. Delivery Rate: We had a delivery rate of 26 percentage. This could have been much better had the matching in March picked up pace. This is an area to improve in the next quarter.

40 30 20 10 0 Raises

Matches

Realizations

General Inferences:   

We were on track with the targets for raises and realizations. We felt sort by a lot in the number of matches. Something that we plan to cover up in Q2. Eureka as an LN could not work out.


Growth Driver Analysis: 



Implementation of Learning Networks: o We had an OS according to the learning networks. This produced good results in phoenix and education. However, eureka as an LN suffered. Alumni as TN taker: o We could not get our Alumni as TN taker. Something we look forward to capitalize on Q2.

Analysis and way forward Achievements of Q1: Quarter 1 saw an overall growth in terms of operations. However, the conversion in terms of matches is something that needs to be focused. Member engagement and TL empowerment was good. The quarter has laid a good base for the next quarter. Way forward for Q2: Q2 will see a hug focus in terms of conversions and delivery. Member engagement will be through operations. This should be the breakthrough quarter.


oGIP Inferences: As per requirements, an exponential increase in raises. The match count too is double that of the previous year. Focus on quality raises for Q1, to be followed up with bigger numbers in Q2. Realizations would pick up in Q2 due to the focus on IR throughout Q1.

  

Raise

Match

Realisation

30

25

20

15

10

5

0 2012

2013

Focus Area Review:   

Quality: Raises this year have been rather extensive. All EPs raised this year have been through an in depth expectation setting. High focus on building IR and generating innovative alternatives to the previously formed matching method. Product Packaging (EP templates and videos) was a major focus during Q1.


Notable initiatives:   

High quality, internal Marketing pilot “open heart” will be used in the upcoming internal Marketing campaign. EP packaging with individualized newsletters are being used for matching. Highly motivated membership, TLs have had a strong volunteering experience, presence of a common line of thought in the portfolio.

Way forward:     

High-potential IR to be capitalized, National Cooperation(s) being materialized for Q2 and Q3. Strong scope for BD-oGIP synergy to raise EPs for Q2 and Q3. Internal marketing campaign, “open heart” to be launched by April end, to provide impetus to exchange. Using Top Gun (Rewards and Recognition) to drive a stronger department culture and increase the number of experiences delivered. Pioneering showcasing impact to have a direct conversion in exchange.


Y2B

AIESEC Youth to Business is a forum for conversation between a cross section of the youth development experts and business leaders with a goal of creating lasting societal impact.

The Youth of today are the leaders of tomorrow, it is only justified that we realize the importance of their thought and the role they can play in shaping our future.

Outreach •

Around 150 individuals from different study backgrounds from all over the city attended the forum , out of which 80% were prospective ELD conversions.


PARTNERSHIPS S.no

NAME

Type

Amount

1.

ISB ,Mohali

In-kind venue, Also 5 year long partnership

2.

Raksha Reality zone pvt. Ltd.

Money

25,000/-

3.

Currents

Money, plus iPad inkind

10,000/-

4.

Femella.com

Money

10,000/-

5.

City Heart station , patiala

Money

5,000/-

6.

Juneja Realtors Patiala

Money

5,000/-

7.

Elite County

Money

1,500/-

8.

Raymond's

Money

1,500/-

9.

Bhagat Ford

Money

1,500/-

10.

CafĂŠ Oye

Money

1,500/-

11.

Career Cafe

Money

1,500/-

12.

BM Sharma Coaching

Money

1,500/-

13.

Upper Crust

Money

1,500/-

TOTAL ER INR 2,04,500


Office



Recruitments



Finance 3,01,000

Income Income

3,50,000 3,00,000

1,36,200

2,50,000

1,13,900

2,00,000 1,50,000 1,00,000 50,000 0 LC Contribution

Business Development

Others

Expenses/Investments Expenses/Investments 4,50,000

3,98,500

4,00,000 3,50,000 3,00,000 2,50,000 2,00,000

1,38,000

1,50,000 81,210

1,00,000

88,700

50,000

8,140

0 MC Recon

Y2B

Membership

Administration

Trainees


Total Q1 Total Q1 8,00,000

7,14,550

7,00,000 6,00,000

5,51,100

5,00,000 4,00,000 3,00,000 1,63,450

2,00,000 1,00,000

0 Income

Accounts Quarterly Profit/Loss: -1,63,450 LC receivables: 97,000 BB current :1,12,000 FD: 1,20,000

Expense

Loss



Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.