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1 of 18
Levels of Financial Excellence
Gold
Silver
Bronze
Gold
Silver
BronzeBudgeting,
Accounting,
Bookkeeping
, etc.
Gold
Silver
BronzeBudgeting,
Accounting,
Bookkeeping
, etc.
Gold
Silver
BronzeBudgeting,
Accounting,
Bookkeeping
, etc.
ROI
Tracking
and
Reporting
Gold
Silver
BronzeBudgeting,
Accounting,
Bookkeeping
, etc.
ROI
Tracking
and
Reporting
External
Sources
of
Revenue
OGX
Marketing
• Cost
• Income
Info Session
• Cost
• Income
Application
• Cost
• Income
Assessment
• Cost
• Income
OGX
Acceptance
• Cost
• Income
Payment
• Cost
• Income
Raise
• Cost
• Income
Match
• Cost
• Income
OGX
Realize
• Cost
• Income
Customer
Servicing
• Cost
• Income
Homecoming
• Cost
• Income
Reintegration
• Cost
• Income
OGX Income
Raise
282.50
Match
0
Realize
87.50
*Refunds must be processed by the MC
internally.
#MANAGEORITDIDNTHAPPEN
ICX
ICX
Networking
Events
Cold Calls Warm Calls
Business
Meetings
EwA
Marketing
ICX
Networking
Events
Cold Calls Warm Calls
Business
Meetings
EwA
Marketing
What are the costs and incomes associated with each of these?
ICX Income
Raise
0
Match
0
Realize
900 +
50/month
*There’s no income until the end of
the process, but the return is
bigger.
In your LC, what do you think
you should invest in?
In your LC, what do you think
you should invest in?
What are some good ways to invest in
these functions?
More Synergy

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Exchange based revenues

Editor's Notes

  1. Introducing a system of viewing finance in terms of the many types of things a finance team can do for an entity
  2. Bronze Level: Basic Accounting Note: The UK is very good at Bronze Level of Excellence, but is now in a position to build on this
  3. Moving beyond budgeting to look at how to budget based on values and focus within the LC
  4. Eventual long term goal should be to be performing at all of these levels With UBUNTU in mind, we are caring about our future generations of leaders and VPFs, which means plan for that to be the future by setting the foundations now
  5. What are the costs and incomes for each of these steps? For each cost that we have, how can we track what the return is on that to ensure wise management of funds
  6. What are the costs and incomes for each of these steps? For each cost that we have, how can we track what the return is on that to ensure wise management of funds
  7. What are the costs and incomes for each of these steps? For each cost that we have, how can we track what the return is on that to ensure wise management of funds
  8. YOU CAN ONLY INVOICE FOR EPS THAT HAVE BEEN RAISED OR REALIZED ON MANAGE.AIESEC.CO.UK – this may mean having to chase up your VP OGXs to make sure they update manage
  9. There is no single process for ICX, so we have to consider many things when budgeting for it
  10. What are the costs and incomes for each of these steps? For each cost that we have, how can we track what the return is on that to ensure wise management of funds
  11. We need to have synergy with more than just ICX and OGX. What are ways that we need to invest n MaC (comm) and TM? What do we need to know about these functions to help develop them? Structure: The Support Functions (F, TM, and MaC) each have a huge role in driving exchange. Without Support, it would be impossible to accomplish exchange. We aid indirectly, but we also have to support TM and MaC through strategic management of funds, tracking return on investment, and seeking non-exchange-based revenue