AIESEC in Pune, Annual Report 2014-15

AIESEC in Pune Annual report 2014-15

AIESEC in Pune Executive Body 2014-15 Hussain Lokhandwala,23 President & CEO 2014-15

Geethu Mattam,23 Vice President Talent Management 2014-15

Sanya Kinariwala,19 Vice President Corporate sector 2014-15

Trushal Dhiwar,21 Vice President Corporate sector 2014-15

Aakash Savlani, 20 Vice President Social sector 2014-15

Devangana Sheel Rastrawar,22 Vice President Business Development 2014-15

Kartik Hoshangabade, 20 Vice President Expansions 2014-15

Nikhil Ghaisas, 20 Vice President Product Development 2014-15

Ambika Avasthi, 20 Vice President Student Sector 2014-15

Mohit Ahuja, 19 Vice President Student Sector 2014-15

Pallavi Nair, 22 Vice President Student Sector 2014-15

Gorkey Patwal, 20 Vice President marketing 2014-15

Abhishek rajput, 23 Vice President Finance 2014-15

A message from the president Dear Partners, Students, Members, and Alumni.

We live in a time of extraordinary, positive change—a time that has lifted hundreds of millions of people out of poverty, brought hundreds of millions to the ballot box, and transformed how we learn, create and engage. In many ways, the world has never been more free, more educated and more prosperous.

Yet even as we make unprecedented progress in creating a more equitable world, poverty, exploitation and injustice remain. In our multi-screen age, where video is streamed from everywhere to everyone, the reality of persistent inequity is visible to all. Today, in a time that offers so much hope and potential for transformative change, we are powerfully reminded that the benefits of our era still fall far short of reaching billions of our fellow human beings.

The challenge is how to shape and influence the remarkable forces defining this young century so that they benefit all people.

In a time of profound interconnectedness, How can we narrow the gulf between poverty and promise, between the world as it is and the world we aspire to?

At AIESEC, we have the honour of working with many of the most courageous leaders for social change worldwide, people who look challenges in the face every day and never waiver in their commitment to overcome it. But if our 64 years of service have taught us anything, it is that we cannot be complacent. The times in which we live demand that we push ourselves harder, that we break with established ways of doing things, and struggle to find what we call “a new vision of how.”

At the beginning of our term, we faced a lot of challenges, a weak foundation on finances and talent. Which lead to weak leadership pipeline in the committee, unity and direction of the organization.

But we learned quickly.

Strategically we focused on three things, Talent capacity, Finance and marketing.

Annual report 2014-15

Also capitalizing on our markets. Besides many initiatives, we implemented concrete tolls to increase finances and the relevance in the city.

In terms of membership development we mainly focused on the implementation of retention and increasing member productivity. We wanted to instill the membership with a concrete learning drive and the thirst to learn more. Being a volunteering organization for the youth of the city to think of something bigger and things that will help them in developing their skills and potential in their careers ahead.

Throughout our term we identified and analyzed all the gaps and made sure we could create new magic and bring the committee together to think about the bigger picture. To grow as individuals and the organization as a whole.

We have created a stronger foundation of this organization yet it wasn’t done alone. I want to thank every member of my executive body who from the first moment of their selection were determined and committed to accept the challenge of the year and to turn the situation around.

Furthermore I want to express my appreciation and gratitude for all the alumni who have helped and were willing to step forward in helping us in our goals to innovate on the strategies, by sharing their experiences by creating an AIESEC in Pune that is stronger and better.

For the next generation I wish you all the best for the upcoming year. Each generation is full of dreams , goals and ambition, But also needs to deal with failures, disappointments, challenges and mistakes.

I challenge every single one of you to try out, to fail to get up again, to grow and to fight for your results and goals. I am confident that you will develop many great leaders including your selves and create an impact. One that will be much greater than our generation ever dreamed of achieving.

P.03-06

Content Overview A visual representation of our organization and Content overview

The AIESEC way An Explanation and overview of what AIEEC is and the values it upholds on an international scope.

P.07-08 Our vision & Strategy An Explanation of the our vision and strategy and focus areas put in place to reach it.

P.09-011 Events

Our Vision

An Explanation of all our events and highlights of the same.

P.12-19 The People

Students

Team Member & Team Leader

Corporates

Outgoing Exchange

Marketing

Finance

Global Incoming Exchange

Business development

Objectives & Statistics An Explanation of our performance and statistics for the year per portfolio.

The AIESEC way AIESEC is a global youth Network impacting the world through leadership development experiences. AIESEC been facilitating youth leadership activities as well as international internships and volunteer experiences for over 65 years, developing a global learning environment across 130 countries and territories.

AIESEC is a global, non- political independent, not for profit organization run by students and recent graduates of institutions of higher education. Our members are interested in world issues, Leadership and management.

AIESEC does not discriminate on the basis of race color, gender, sexual orientation, creed, national, ethnic or Social origin.

How we do it Why What

we we

Do do

Every generation has the chance to shape the world but today’s fast paced economical, Social, or technological changes in the world makes it a challenge.

AIESEC believes that the solution is to develop youth who are responsible and entrepreneurial today, so that they may choose how the world could be tomorrow.

Our vast international Network works to connect youth and encourages them to see global changes from different cultural and economical perspectives. By working together we believe youth can be more aware prepared for the challenges and complexities that shape our world and learn to make a positive contribution.

AIESEC facilitates international exchanges for students and companies through entrepreneurial volunteer and paid educational internships. We also run internal projects and conferences to train educate our members based on various entrepreneurial skills so that they may learn effective ways to implement projects, reach goals and work in challenging team environments. All of our activities and exchange programs are driven by leadership and bring awareness to global problems

A truly Global Organization Western Europe and North America Austria Belgium Canada Denmark Finland France Germany Greece Iceland Ireland Italy Malta

The Netherland Norway Portugal Spain Sweden Switzerland United kingdom United States

Ibero America Argentina Bolivia Brazil Chile Colombia Costa-Rica DominicanRepublic Ecuador

El Salvador Guatemala Mexico Peru Puerto Rico Uruguay Venezuela

Our Core Values Activating Leadership We lead by example and inspire leadership through our activities. We take full responsibility for developing the youth leadership potential of our members.

Demonstrating Integrity We are consistent and transparent in our decisions and actions. We Fulfil our commitments and conduct ourselves in a way that is true to our ideals.

Living Diversity We seek to learn from the different ways of life and opinions represented in our multicultural environment. We respect and actively Encourage the contribution of every individual

Central & Eastern Europe Armenia Azerbaijan Bosnia Herzegovina Bulgaria Croatia

Czech Republic Estonia Georgia Hungary Kazakhstan

Kyrgyzstan Latvia Lithuania Macedonia Moldova

Poland Russia Serbia Slovakia Slovenia

Asia pacific Afghanistan Australia Bangladesh Cambodia China Hong Kong India Indonesia Japan Korea

Malaysia Mongolia Nepal New Zealand Pakistan Philippines Singapore Sri Lanka Taiwan Vietnam

Middle east & Africa

Africa Angola Benin Botswana Cameroon Cote d’Ivoire Ethiopia

Gabon Kenya Mauritius Nigeria Rwanda Senegal

South Africa Tanzania Togo Uganda Zimbabwe

Algeria Bahrain Egypt Iran Jordan Morocco Oman

Qatar Saudi Arabia Tunisia United Arab Emirates

Striving for excellence

Enjoying Participation

Acting Sustainability

We aim to deliver the highest quality performance in everything we do.

Through Creativity and innovation we seek to continuously improve.

We create a dynamic environment created by active and enthusiastic participation of individuals. We enjoy being involved in AIESEC.

We act in a way that is sustainable for our organization and society. Our Decisions take into account the needs of future generations.

Our Vision An entity characterized by aiming to be leaders of tomorrow driven by curiosity and fuelled by a passion to excel with integrity and ownership towards our Local Committee and by Building capacity in order to capitalize markets and create relevance by delivering quality and attaining sustainability.

Our Strategy Our strategy concretely illustrates the areas we need to address in order to achieve the Vision. We can provide better opportunities to all our stakeholders and working on three major focus areas corresponding to projects and initiatives as below.

Education of membership

Provide better experiences to all our stakeholders

Customer Experiences Targeted Products

Talent Management

Brand Management

Marketing/BD Marketing Channeling Finance Financial Sustainability Flexible Financial Investment

The 3 Focus Areas In order to achieve our ambitious vision we decided to set our focus on three different areas which then break down to very concrete areas of improvement or new initiatives.

Talent Capacity

Marketing

Finance

Our members are the main focus of our activities, only if they have the right experience and receive proper education and tools can we increase in overall organizational Performance. Therefore we made sure to assess and recruit quality members in small numbers and customized education and learning accordingly per product in AIESEC. Furthermore we realized that we only could grow as a whole when we capitalize on all the resources and knowledge nationally, flowing it down and supporting members in learning and developing, Hence we had to provide a platform and processes to facilitate better learning environment in the whole entity.

People need to know about us. Based on analysis of the previous years we realized that people mostly hear about AIESEC from friends and nationally seen online content, But there are many more possible channels to reach the huge pool of potential partners and customers. We had to build a much stronger brand in the city. Showcasing stories, Media partnerships, Implementation of the global community development program for the youth in the city by sharing case studies and attracting more customers, Participation and doing events we some of our initiatives to increase the relevance of AIESEC in the city. Finally we had to increase the speed and efficiency of the internal processes. Therefore we made sure we had enough talent to support us for the same and also defined good learning job roles for each of the membership. Generating more productivity and core people to take operations ahead.

To be able to continue and sustain normal operations, Finance needed to be one of the strongest sub system in the organization. To make sure we had to clear all outstanding debts and make a financial plan as to how to become profitable as well as not go in a loss for the products that we are currently selling in AIESEC. Furthermore, we had to reduce the number of Global community development programs which helped us increase profits because the program needed a lot of investment and we could not grow unless we reduced costs and expenses. The Student sector being the cash cow of the organization helped in clearing a major chunk of the debt and build profitability back in the committee. Now, to being a fully sustainable committee with strong financial bank balance.

Empower 2014 Empower is a initiative by AIESEC in Pune. Although not too successful in the past and not a great financial boon , We wanted to make sure we do this Empower in a much better way this year and change the way AIESEC looks in the city and how the youth look at it.

Globally, AIESEC focuses on developing leadership through the participation in and facilitation of exchange services. Therefore locally, AIESEC in Pune is deemed successful if it grow in exchange numbers and exchange associated products. Growth through Empower, Although not financially benefitted event but, directly associated with our growth programs.

Mr. Minocher Patel Founder of Ecole Solitaire

Nationally there was a lot of focus on marketing as a whole and we wanted to also spread the awareness and relevance of a leadership organization that helps to gain one of the best experiences in a students life.

Therefore, We wanted to have a small theme to Empower called “ The power of stories�. Through marketing creating a buzz in the city and promotion of the event was at high. Making sure we have enough media coverage was our main focus. We wanted people to come to the event and know what the power of stories meant. We also had some great speakers present at the Event to help us for the same.

Mr. Pranay Swarup, Director & CoFounder of Letsintern.com

Mr. Minocher Patel , Founder of Ecole Solitaire Mr. Pranay Swarup, Letsintern.com

Director

&

Co-Founder

of

Mr. Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance The event focused on indirect impact of AIESEC and we only wanted to connect the above mentioned speakers to the youth, Connect their amazing stories to the youth. It was inspirational to see them with us at the event and their journey to climb the corporate ladder in life.

Event Partners

Mr. Tapan Singhel MD & CEO of Bajaj Allianz General Insurance

Balakalaakar 2014 Balakalakaar is an annual initiative taken up by the local office of AIESEC in Pune. It is organized with the aim of creating an opportunity for the under privileged children of the city to discover and develop their potential in creative exercises such as Art, Dance, Drama, Music, and Craft. This is done primarily through workshops and training provided by esteemed professionals in the above fields along with AIESECer’s, youth volunteers and internationals from the Global Community Development Program.

We at AIESEC Pune believe that every person is born with some hidden talent. At Balakalakaar , we hope to bring out that creative artist and the soulful dancer in every underprivileged child and provide a platform for them to showcase their talents through our workshops, events and competitions. Balakalakaar is also aimed at connecting today’s youth to the less privileged children of the city thus giving them a chance to make a difference! Through this project we take one step forward towards our vision of ‘Fulfilment of Humankind’s Potential’.

AIESEC organizes various events with respect to social issues we see around us. Balakalakaar is one the most impact-full Developmental Projects hosted by AIESEC all over India. In the year 2011 AIESEC in Pune hosted it to impact around 4,000 kids and we did so successfully by various NGOs in attendance, these included Akanksha, Bethesda Trust, S.O.S. Balagram, Maher etc. among many others.

In 2014 we decided to make it bigger than ever by Changing the whole concept of how the event is done to impact underprivileged kids in NGO's in the city. The motive behind this event was all about helping each kid to learn something new and interact with more international people and learn their culture. So something basically out of the box. We gave them a platform to learn new talent. Not only do we encourage talented kids but we also conducted workshops for those who never got a chance to learn.

The event consisted of the following workshops --Modern Dance Associated With Numbers and Letters, Contemporary Dance Workshop in Bollywood and Scottish Influence, Capoeira Martial Arts Dance Form (Portuguese), Standards- Short Story Influenced Dream Illustrations Brush Stroke Workshops, Landscape Painting, Cartoon Calligraphy, Paper Craft, Quilling, Making Dream Catchers, Higher Level Origami, Professional Graffiti and also a session by Wake Up Pune for the parents.

Post Event Video of Balakalakaar Pune 2014 https://www.youtube.com/watch?v=OlC5htxJAuA Here are a few newspaper article links too. http://www.punemirror.in/pune/campus/Campus-Diary/articleshow/45328084.cms http://www.thepunekar.com/aiesec-pune-hosts-the-annual-balakalakar/2014/12/

Event Partners

June National Conference 2014 AIESEC hosts over 500 conferences every year that range in length and demographic scope. The purpose of conferences are to bring the international community of AIESEC members together to enhance their professional skills, provide networking opportunities, and work on organizational strategy. Topics of interest the organization focuses on include: Leadership, Sustainable development, Entrepreneurship, Innovation, Corporate Social Responsibility, and youth impact on modern society.

AIESEC India’s June National Conference is the biggest and the most anticipated event after the first 6 months in the organization’s life, taking place annually and uniting the representatives of 25 local entities in India at one place and time to set goals for the next period, celebrate the success and share the experience. The conference consists of 6 days of discovery, collaboration and inspiration for the current AIESEC top level leaders from all over the Nation.

June National Conference in AIESEC in India witnesses the discharge and ratification of the outgoing national team and Incoming National team respectively. The Conference is one of the main Milestones in AIESEC in India for local committees to look forward to and assess their half year performance , share experiences, best case practices the Local committees have implemented and have grown in the last 6 months of their year.

Members, Team Leaders, Vice Presidents and Presidents come together to take forward their departments and innovations with other local committees in a better way and improve on their performances for a stronger and better next 6 months of their Term.

The conference was hosted by AIESEC in Pune in 2014, In Bogmalo Resorts Goa. The Conference witnessed 600+ Delegates and few international delegates from other AIESEC countries to share their experiences and Culture.

The conference also witnessed a lot of new partnership launches by the National team for the entity and also the new National committee plan and direction for the entity.

Some conference momentshttps://www.youtube.com/watch?v=mkPCG5IPazY

Event Partners

Objectives for the Executive board 2014 1.

2.

3.

4.

5.

6.

Building Relevance in the City through Programs and Functions.

Creation of Awareness of Outgoing Exchange through events and promotion of products of AIESEC. ELD generation through all Products of AIESEC. Creation of Strong Leadership inside the organization to stabilize operations.

Financial Sustainability of Programs across the year with profitability as the core.

Asset Creation and Debt Clearance.

Exchange Support being the Major Focus for the year. (HR, Marketing, Business Development, Expansions, Finance)

Global Community Development Program Student Sector (ogcdp) 180 160 140 120 100 80 60 40 20 0

155 120 101

110

2011 65 65

50 35 21

Raise

25 24

22

Match

2012 2013 2014

Realization

Highlights of the year Growth Areas 1. Expanding base of operations in the city and colleges 2. Synergy with marketing to generate awareness 3. Usage of already established university relations and building more with big colleges.

4. Implementation of Campus Units and Specialized Units to increase and stabilize operational capacity 5. Using Summer and Winter cycles as Peak.(Q2/Q4) 6. Creation of off-peak Cycles for the city (Q1/Q3) 7. Maximizing financial contribution from the department for sustainability.

Activities 1. Expansion and collaboration with 27 universities and Campuses in the City through Marketing and Talent management 2. 65 Realizations in the Year.(Stagnant from 2013) 3. Maximum Synergy with Marketing.

4. Investment worth 2 Lakhs for the program.

5. Creation of International Relations with countries for constant and Smooth exchange processes.

6. Implementation of Interview and Selection process for students to build quality and credibility of committee in the International Network.

7. Maximum financial contribution leading to Debt Clearance.

8. High Conversion and efficiency Raise to Realization rate.

Social Sector (iGCDP) 300

260 265

250

205

200

155

152 150 100

100

120

2011

151

138

2012

100

2013 40

32

50

2014

0 Raise

Match

Realization

Highlights of the year Growth Areas

Activities

1. Focus in building quality experiences 2. Financially Sustainability of the portfolio 3. Revamping of processes, Brand image, Brand Value, and Quality.

1. Improper Quality, low brand value and image.

In the international network.

2. No accommodation for interns for good experience.

3. Low International relations and support.

4. Change in Supply trend globally.

5. No Raises with fixed Job roles./Description.

6. AIESEC in India Process re-vamping, Quality Initiatives hampering iGCDP Growth all over the National Network.

7. Loss Making Portfolio, Resulting in Shutdown of iGCDP in April, to clear Debt and Revamp processes to make portfolio sustainable.

Global Internship Program Corporate Student Sector (oGIP) 60 48

50 40

2011

30

2012

25

2013

20 10

5

9

6

5

9

9

6

7

5

9

0 Raise

Match

Realization

2014

Highlights of the year Activities

Growth Areas 1. Focusing on University Relations in synergy with oGCDP 2. Synergy with Marketing for awareness of the product 3. Education Traineeship driving Growth 4. Successful International Relations 5. Membership driving growth and increase in productivity in the department

1. Marketing: First marketing initiative with almost 6 raises being converted 2. Expansions: 3 raises coming in from Expansions.

3. Education Sub-Product driving growth: Focus area of 2014 leading to a 4 realizations.

4. International Relations: Efficiency rate of 81.81% with a good brand image of YGIP in the market and increase in the number of referrals from engaged Eps. 5. University Relations: Tilak Maharashtra University and Ranade College, helped us to deliver to our country specific IR and increasing brand value of our product.

6. Membership: Started with 2 members, ended with 2 strong team leaders and 5 members for 2015. High retention rate of 85% in the department and average productivity of 0.5 each quarter.

7. Conversion/efficiency Rate: 81.81%

Corporate Sector (iGIP) 180 160 140 120 100 80 60 40 20 0

160 120 2011 85 66

2012 55

47

57 35

19

Raise

Match

2013 27

38

32

2014

Realization

Highlights of the year Growth Areas 1. Focusing on Customer relation management.

2. Increasing operational capacity of the department.

3. Capitalizing on Market.

4. Tapping into all the IT parks.

5. Building Sales Culture and productivity in the department.

Activities 1. Low sales culture affecting department culture overall and productivity.

2. Process Revamping of the department nationally.

3. Low International relations globally.

4. Unable to Service European Countries.

5. Unable to Empower Membership.

6. No Process for CRM and structuring of the department.

7. Unstable market segregation and Structure in the Department Heads.

Marketing 45000

40000

37683

40000 35000 30000

26543

25000 20000 15000 10000 5000

12694 5000 3500 2404 22591049 627 0 115 151

12265

6

6308 3923 14 1416 13 13164 363 363

1

12000

0

5000 3500 1500 1200 3

2012 2013 2014

0

Started the year with a growth in the portfolio from last year. 2013 worked only for oGCDP. Changed the way marketing looked, to grow for the year 2014 Focused more on an overall LC growth and branding AIESEC in the market for BD, Events and PR Delivered 3 Events for the year with the help of marketing Alumni Event- Reconnecting with 35 Alumnus. Re-connecting with more than 65 Alumni after the event.

Empower- 700 Students from colleges spreading the word of AIESEC (Mini Y2B) Balakalaakar- recruited special volunteers (50 Volunteers)--6 Articles in the Papers 50+ Partnerships in different youth market sectors. • Invested 1.3 Lakhs in PR for Marketing.

Small investment in Facebook Ads leading to extremely high ROI for oGCDP raises.

Massive relevance in the city created leading to high number of Raises for Summer 2015. (55 raises already in winter for summer 2015) 35,000+ outreach through social Media for posts, On-ground Reach of more than 12000 People.

Contribution to Brand Management

Campus Presence in 27 different campuses.

PR activity was doubled since 2013, Investment of 1.3 Lakhs specially for PR activities.

Quality of PR and social media has improved, with online and offline media designed by special Graphic designers.

Social media outreach improved by 300% and reached out to 49,000 people with incredible market positioning and people knowing about the internship program Brand Positioning through 2 Major ELD generating event.

Customized Investments made in advertising to engage more and build credible reputation in the market.

Recruitment and oGCDP were very specifically packaged to cater to the realities of Pune’s market.

Recruitment with the right message building good and high Talent in the LC through mainly online registrations.

Tedx and MUN event in Nagpur (Expansion entity) Partnership with Pune Start-up Club Partnership with 2 graphic Designing companies PR company partnership and investment.

Growth areas • Branding and PR for the Organization • Events ELD for oGCDP through PR and Social Media Talent • Recruitment majorly through Social Media Outreach • Investments leading to Growth

Advertising Investments Rs 30,000 in all year round Facebook Ads and Campaign Promotions Rs 12,000 in Outdoor pamphlet Distribution Campaign.

Rs 10,000 Investment in College Fest partnership.

Rs 1.3 Lakhs Investment in PR activities

Talent Management Recruitment

Three recruitment cycles in the year. Started the year with 5 members and having 100+ members by the end of the year. Creating a sustainable LC with talent for the next year was the main Priority.

Retention

Leadership

Very High Retention Rate. Increase in membership contribution towards goals.

More department activities and talent tracking to help and guide members.

Retention rate increased from 8% to 52% just in 2 quarters.

Starting the year with no People, and ending the year with giving a leadership pipeline of 100+ members and more than 46 applicants to further leadership body.

A huge MB to make sure the EB is strategic and less operational.

Key Projects of the Year Creating a Stable Leadership in the Committee.

Productive Membership.

More applicants to Leadership opportunities.

Retention Rate.

Leadership Pipeline

Recruitment A Much faster and swift recruitment process, Finishing in 6 days with GD PI and the selection.

Extremely good members recruited and increasing productivity.

Perfect Backward planning being one of our BCPs in the Network.

Retention Taking membership from 5 disinterested people to extremely interested 100+ people.

100% Growth in Retention.

Synergy High Synergy with marketing -Good Operational Induction for all departments through Education from BD, IGIP Sales sessions.

MB and EB synergies to track membership productivity and work culture.

Leadership Pipeline The Team Leader Program saw great and steady growth this year with an increase in the number of applicants each quarter.

Starting with no MB or members in the first 3 months of the year and ending it with 100+ members and a leadership body of 35 people.

Total Growth Number of Members in the LC grew from a meagre 5 to a massive 101-- 1920% Growth in Membership.

Retention rate increased from 8.3% to 52%!

-Q1 2014, had a non existent MB. Q1 2015, we leave the new EB with a strong MB of 23 TLs. Total number of applicants for a leadership role in 2013 was 42. And in 2014 we saw a leap up to 108!-- 157 % Growth.

Expansions 30 25 20 15 10 5 0

oGCDP oGIP iGCDP iGIP Raise

Match

Realize

Highlights of the year Activities

Growth Areas 1. Financial Contribution to the parent committee ( AIESEC in Pune) 2. Up-gradation of Nagpur as an Official Expansion.

3. Building of ICX and OGX markets in the cities to increase their operational capacity.

1. Starting membership in Nagpur.

2. Upgrading AIESEC in Nagpur. to an official expansion.

3. 40% iGIP contribution from Expansions .

4. Membership pipeline in Goa for the first time after 2012.

5. Failure to contribute to OGX. 6. No capitalization of Goa colleges 7. Efforts at stabilising membership, finance and the brand. Exchanges fell short.

8. Financial Contribution of Rs2,75,300

Business Development Highlights of the year Growth Areas 1. 5 Events (Alumni Event, Empower, Balakalaakar, Stake holders Dinner, Nexus) 2. Board Revamping 3. Penetrating the corporate market for iGCDP.

Activities 1. Focus on events leading to ELD conversions and Relevance in the market.

2. Generation of Awareness about AIESEC as an organization in the city.

3. Implementation of the BD and IGCDP Synergy.

4. In transition selling of 2 Major IGCDP Projects 5. Revamping of Board of advisors.

6. Financial Contribution of a total of 2.5 Lakhs (Approx.) {Includes In-kind} 7. 3 Major events- Alumni Event, Empower, Balakalaakar.

8. PR outreach of 40 Lakhs+ through events.

9. 25 Major In-kind Partnerships for Events.

Finance & Legal Highlights of the year Activities

Growth Areas 1. Debt Clearance 2. Program Sustainability.

3. Investments in Talent and Brand building.

4. Asset Creation.

1. Clearance of all MC/External debt in the first quarter. (5 Lakhs) 2. Making every portfolio financially sustainable in the year 3. High Investments leading to Huge ROIs 4. Hosting events with good financial gains.

5. Creating a new one lakh Fixed Deposit.

6. Creating a sustainable bank balance of 6 Lakhs.

Balance Sheet Fixed assets Intangible Fixed assets Tangible Fixed assets

None Rs 82,350

Current Assets Receivable Prepayment and Deposits Fixed Deposit (HDFC) Security Deposits (Intern house) Security Deposit (Office) Short Term Investments Cash in Hand Bank Balance Total Assets

Total growth

Rs

91,300

Rs 1,00,000 Rs 75,000 Rs 40,000 None Rs 16,330 Rs 6,02,462.52 Rs 10,07,442.52

Assets compared to Last years 2013- 1 Lakh FD 2014- 10.07 Lakhs.

Total Growth of 932.442% in asset and Finance as a portfolio.

Inflow/Outflow 1. High Inflow in the LC due to oGCDP 2. Reducing expenses and reduced number of exchanges 3. Clearance of all Recon and debt.

4. Making the LC financially sustainable.

Financial Education 1. Financial education given to every member, to understand Recon, LC Status, How to contribute to finances, how does finance track, 2. Member contribution leading to financial sustainability, And Quarterly News letters with finance status to allow transparency and accountability.

Investment & asset creation 1. Major investments made in Marketing to increase ELD for oGCDP. 2. High investments leading to ROI and ELD. 3. Asset creation of FD, Office infrastructure and trainee houses all running on profits.

4. Assets made to support the Committee further.

5. Investments made in the right area to grow and build relevance.

Program Sustainability All Programs being sustainable and profitable in the LC. Leaving space to invest in the program and increase growth.

Process transparency and accountability 1. Tracking in done in the best possible way by creating Ledgers and daily tracking of finances and reviewed at every EBM. 2. Showcasing every departments contribution including members and VPs. 3. Targets set for departments based on Financial contribution.

4. All finance related matter was only passed through the VP F and LCP for increased tracking.

5. Daily review of bank balance and transaction update.

6. Process transparency and showcase of bank balance, inflow outflow in one LCM every month.

Local Board of Advisors

Dr. Naushad Forbes Director Forbes Marshall

Dr. Ganesh Natarajan Vice Chairman & CEO Zensar Technologies

Rajan R. Navani

Sulajja Firodia Motwani

Managing Director Jetline Group of Companies

Joint Managing Director of Kinetic Motor Company Limited.

Mr. Ajay C. Mehta Managing Director Deepak Nitrite Ltd.

Prof. Chetan Wakalkar Group Director Indira Group of Institutes.

Prof. Indira Parikh Founder President FLAME

National Board of Advisors

Mrs. Tanya Dubash

Mr. Mukund Rajan

Chief Brand Officer and Executive Director Godrej

Tata Group Chief Ethics Officer

Mr. Atul Singh

Mr. Shivinder Singh

President Asia Group Coca Cola

Managing Director Fortis india

Dr. Ajit Ranjnekar

Mr. bobby Parekh

Dean ISB

Managing Partner BMR Advisors

Mr. Ronnie Screwvala Founder unilazer

Contact : Gorkey patwal President & ceo +91 9049952359 gorkey.aiesec@gmail.com AIESEC in Pune Flat 31, Gayatri Apartments Behind Akshay Complex, Dhole Patil Road, Pune-411001

Annual report 2014-15