65
Finance Training 2.0

AIESEC US RoKS 2015 | Finance Track 2.0

Embed Size (px)

Citation preview

Page 1: AIESEC US RoKS 2015 | Finance Track 2.0

Finance Training 2.0

Page 2: AIESEC US RoKS 2015 | Finance Track 2.0

“Finance is the medicine of the organization.”

Page 3: AIESEC US RoKS 2015 | Finance Track 2.0

how many of you feel like you are ready to say you have worked in finance?

Page 4: AIESEC US RoKS 2015 | Finance Track 2.0

Finance Bottleneck

Page 5: AIESEC US RoKS 2015 | Finance Track 2.0

basic

Page 6: AIESEC US RoKS 2015 | Finance Track 2.0

Finance Bottleneck

Page 7: AIESEC US RoKS 2015 | Finance Track 2.0

UPGRADE

Page 8: AIESEC US RoKS 2015 | Finance Track 2.0

“Finance is the medicine of the organization.”

Page 9: AIESEC US RoKS 2015 | Finance Track 2.0

RISE

Page 10: AIESEC US RoKS 2015 | Finance Track 2.0

Join the crew:text

@aiesecusfinalertsto

23559

Page 11: AIESEC US RoKS 2015 | Finance Track 2.0

31,6712,4001,300

401

Page 12: AIESEC US RoKS 2015 | Finance Track 2.0

Financial Management Certification

Page 13: AIESEC US RoKS 2015 | Finance Track 2.0

4.3.19. Financial Management Certification, hereby referred to as FMC)4.3.19.1. Purpose: to ensure AIESEC US financial sustainability and

upkeep by tracking the financial activities of our entity4.3.19.2. Before submitting reimbursement request, all members of

AIESEC US must complete the FMC 4.3.19.3. The FMC status will only last until the last day of the fiscal

quarter, at the start of the new quarter members must then resubmit the FMC with updated information

4.3.19.4. The Finance Subcommittee may remove any individual on the FMC pool at any point with a unanimous vote of all the members of the Finance Subcommittee

4.3.19.4.1. Removed members will not be allowed to resubmit a FMC until the start of the next fiscal quarter

Page 14: AIESEC US RoKS 2015 | Finance Track 2.0

Timeline:Release – October 3rd, 2015Open Form - October, 2015

Change Date – October 26th, 2015

Page 15: AIESEC US RoKS 2015 | Finance Track 2.0

Goal : to keep finance within the group of people that are meant to actually oversee it

Page 16: AIESEC US RoKS 2015 | Finance Track 2.0

Goal : to make sure that we have a clear idea of exactly

which LC needs more education

Page 17: AIESEC US RoKS 2015 | Finance Track 2.0

ALL FOR ONE

Page 18: AIESEC US RoKS 2015 | Finance Track 2.0

Question 1:What coding would you use to reimburse someone from your entity for conference travel to a National Conference?

6304-02 Conference Travel National6140 Travel and Meals

6251 Strategic Fund

Page 19: AIESEC US RoKS 2015 | Finance Track 2.0

Question 2:What coding would you use to reimburse someone from your entity for Marketing Materials?

6251-04 Strategic Fund COMM62000-02 OGX Marketing

6162 LC Merchandise6128 Printing

Page 20: AIESEC US RoKS 2015 | Finance Track 2.0

Question 3:Who is your entity's account responsible? (Required for Reimbursements)

Local Committee PresidentVP Finance

VP Talent ManagementMCVP Finance

Page 21: AIESEC US RoKS 2015 | Finance Track 2.0

Are you allowed to submit reimbursement

requests 2 months after the day of

purchase?

Page 22: AIESEC US RoKS 2015 | Finance Track 2.0

Where can I find my LC’s current

balance?

Page 23: AIESEC US RoKS 2015 | Finance Track 2.0
Page 24: AIESEC US RoKS 2015 | Finance Track 2.0
Page 25: AIESEC US RoKS 2015 | Finance Track 2.0
Page 26: AIESEC US RoKS 2015 | Finance Track 2.0
Page 27: AIESEC US RoKS 2015 | Finance Track 2.0
Page 28: AIESEC US RoKS 2015 | Finance Track 2.0
Page 29: AIESEC US RoKS 2015 | Finance Track 2.0

CONGRATULATIONS

Page 30: AIESEC US RoKS 2015 | Finance Track 2.0

5 MINUTES

Page 31: AIESEC US RoKS 2015 | Finance Track 2.0

WELCOME BACK

Page 32: AIESEC US RoKS 2015 | Finance Track 2.0

RETURNS

Page 33: AIESEC US RoKS 2015 | Finance Track 2.0

what is ROI?

Page 34: AIESEC US RoKS 2015 | Finance Track 2.0

how many of you know how to track ROI?

Page 35: AIESEC US RoKS 2015 | Finance Track 2.0

OVERCOMPLICATION

Page 36: AIESEC US RoKS 2015 | Finance Track 2.0

you must follow up on your side

of the trade

Page 37: AIESEC US RoKS 2015 | Finance Track 2.0

TRADE

Page 38: AIESEC US RoKS 2015 | Finance Track 2.0

now, let’s trade

Page 39: AIESEC US RoKS 2015 | Finance Track 2.0

Split into groups of three

Page 40: AIESEC US RoKS 2015 | Finance Track 2.0

From the next list of investments

develop a return plan.

Page 41: AIESEC US RoKS 2015 | Finance Track 2.0

Choose One:

Sending a VP to a conferenceBuying a new AIESEC Banner

Offering a discount on OGX Programs10’

Page 42: AIESEC US RoKS 2015 | Finance Track 2.0

PRESENT

Page 43: AIESEC US RoKS 2015 | Finance Track 2.0

IXP

Page 44: AIESEC US RoKS 2015 | Finance Track 2.0

We should never neglect an AIESECer the experience that we sell. In fact, it is the only

one that matters

Page 45: AIESEC US RoKS 2015 | Finance Track 2.0

Who should we send?

Page 46: AIESEC US RoKS 2015 | Finance Track 2.0

How should we invest?

Page 47: AIESEC US RoKS 2015 | Finance Track 2.0

This for That

Page 48: AIESEC US RoKS 2015 | Finance Track 2.0

IXP is more than just an experience that we promote. It is also a way to preemptively

achieve our goals

Page 49: AIESEC US RoKS 2015 | Finance Track 2.0

In 2014, an average LC

changed their goals 3 times

Page 50: AIESEC US RoKS 2015 | Finance Track 2.0

2012,000

2010,000

Page 51: AIESEC US RoKS 2015 | Finance Track 2.0

2012,000

2010,000

MONEY MAKES MONEY

Page 52: AIESEC US RoKS 2015 | Finance Track 2.0

Focus vs. Reality

Page 53: AIESEC US RoKS 2015 | Finance Track 2.0

Focused Based

Page 54: AIESEC US RoKS 2015 | Finance Track 2.0

What is the focus of your LC?

Page 55: AIESEC US RoKS 2015 | Finance Track 2.0

Reality Based

Page 56: AIESEC US RoKS 2015 | Finance Track 2.0

Medicine requires Diagnosis

Page 57: AIESEC US RoKS 2015 | Finance Track 2.0

Feedback vs Judgment

Page 58: AIESEC US RoKS 2015 | Finance Track 2.0

Group up with your LC

Page 59: AIESEC US RoKS 2015 | Finance Track 2.0

Skill & Will Analysis

Page 60: AIESEC US RoKS 2015 | Finance Track 2.0

Skill

WillLOW SKILL, HIGH WILL

HIGH SKILL,HIGH WILL

HIGH SKILL, LOW WILL

LOW SKILL, LOW WILL

DIAGNOSE: Where are your members?

Page 61: AIESEC US RoKS 2015 | Finance Track 2.0

CHALLENGING ENVIRONMENT (Event Planning, potentially remove, evaluate)

TRAINING (Send to

conferences, summits and work directly with

EB, foster pipeline)

INDUCTION (Get trainers in your

LC! If your LC doesn’t improve, it will never

grow)

NATIONAL INVOLVEMENT (Conferences,

Training, making the LC relevant)

Skill

Will

For our Member

Page 62: AIESEC US RoKS 2015 | Finance Track 2.0

BRING IN AN AIESEC COACH (Pragmatic,

Skilled)

BRING IN A TRAINER REGARDING EITHER AIESEC OR A SKILL

THAT YOUR LC LACKS

INVEST IN A COACH TO BUILD A

DEVELOPMENT TIMELINE

INTERNATIONAL PARTNERSHIPS AND NATIONAL PROJECT SPEAR HEADING LC

Skill

Will

For our LC

Page 63: AIESEC US RoKS 2015 | Finance Track 2.0

Taking it Back

Page 64: AIESEC US RoKS 2015 | Finance Track 2.0

how many of you feel like you are ready to say you have worked in finance?

Page 65: AIESEC US RoKS 2015 | Finance Track 2.0

POWERFUL CHOICES