Annual Report - JIBS Alumni Association

JIBS Alumni Association
Annual Report
2014-01-01 – 2014-12-31
Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
Introduction
During the year of 2014 the JIBS Alumni Association (JAA) became independent from
Jönköping international Business School (JIBS). Mainly in terms of not receiving financial
support from JIBS but also as the role of the Alumni Relations Officer (ARO) changed. Due to
this the focus has primarily been on the core organisation and what should be done
internally. The strategic work put down during the spring led to the formalisation of a
mission, a vision and guiding principles to be used as a guiding map when reviewing the
organisation further. Other key areas have been the introduction of a membership fee and
then the process of implementing it as the Annual General Meeting on May 23rd decided to
accept the proposition.
The relationship with JIBS is good and fruitful, which is important to the JAA. Several
meetings have been held during the year between JAA, the ARO and JIBS, to discuss the
format of the cooperation. There is a positive outlook for the future where the support from
JIBS is strong. As JIBS celebrated its 20th Anniversary in May, alumni from all over the world
were invited to participate in a large Homecoming Day. Many attended both the day and
evening activities making it a great celebration of our school.
The JAA board expanded during 2014 as one member left the board and three new were
voted in. The main reason to increase the number of board members was to get more
human resources and special competences into the board, focusing on external relations and
communication. These two areas are deemed highly important due to the Associations´
current situation.
The JAA would not be anything without its members and we are grateful for all the
commitment members are supporting the Association and are willing to put down their
energy in creating an inspiring network.
This Annual Report serves as a summary of the most important accomplishments and key
areas of JAA during 2014.
The board of JIBS Alumni Association
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
Focus areas
The focus of 2014 has been on reviewing JIBS Alumni Association (JAA) and establishing what
position and role the association should have. Summing up some of the focus areas of 2014,
we should mention:
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A strategic focus was taken early in the year as the board decided on a mission, vision
and guiding principles for the association. One of the purposes was to create a
guiding map for board in terms of how the organisation should be viewed and led.

A lot of work has been put down in the process of implementing the membership fee
that was decided upon during the Annual General Meeting in May. Along with the
introduction the focus of the board became on looking over the organisation of JAA
as a whole. The idea for a Project Committee was created and work in terms of how
to implement such a committee was further discussed.

The board expanded as two additional positions where added, going from seven to
nine members. This due to the need of getting more resources to the board in form
of competences within external relations and communication. The work with a
strategy on external funding was on-going along with a new communication plan.
One step made was to further develop the website in order to reach a wider range of
stakeholders.

As JIBS celebrated 20 years a large homecoming Day was organized where many
alumni travelled back to Jönköping to attend the festivities. First there was a mingle
at JIBS, a presentations by Emanuel Raptis, President and Chairman of JAA and a
shorter lecture by Johan Roos, Dean and Managing Director JIBS. Afterward the
Annual General Meeting was held off campus while the preparation for the evening
activities was made. The day ended with a celebration party at campus.
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
The Network
By the end of year 2014, the network had a total of 4657 members, which is an increase of
625 members since end of 2013. Out of the 4657 members, 25 members were premium
members. Along with the decision from JIBS to focus on one graduation per year, during the
end of spring semester, more students have been able to attend the diploma ceremony.
Hence becoming a JIBS Alumni Association member has become more natural step as a part
of graduating. During 2015 we have also decided to have an event exclusively for last year
students and alumni, a way to welcome them into the JIBS Alumni family.
The Composition of the JAA Board
The JAA Board members in the start of 2014:
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Emanuel Raptis, Chairman & President
Mikael Klaar, Vice President & Head of Treasury
Henrik Johnson, Vice Head of Treasury
Bengt B Hansson, Member of the Board
Andreas Runnberg, Member of the Board
Xenia Johansson, Member of the Board
Jaroslav Veresjtjaka, Member of the Board
The JAA Board members elected by the AGM 2014-05-23:
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Xenia Johansson, Chairman & President
Mikael Klaar, 1st Vice President, Head of Treasury
Jaroslav Veresjtjaka, 2nd Vice President
Henrik Johnson, Vice Head of Treasury
Andreas Runnberg, Member of the Board
Bengt B Hansson, Member of the Board
Federico Rodriguez, Member of the Board
Justin Johnson, Member of the Board
Irsa Amerian, Member of the Board
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
Activities 2014
JAA Core activities
The core activities in 2014 were comprised of the Annual General Meeting in May which was
held during the JIBS Alumni Homecoming Day 2014 - 20th Anniversary celebration.
When: Friday, May 23
Where: Akademien, Jönköping
Meeting Chairman: Tobias Nellvik
Other activities during 2014 included:
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JIBS Entrepreneurship Challenge: alumna Xenia Johansson were invited as jury
member deciding on the most innovative solution presented by students to the
company TMG Tabergs.
Homecoming Day celebrating JIBS 20th Anniversary.
JIBS’ Diploma Ceremony: alumna Matilda Johansson held a speech welcoming the
new graduates to JIBS Alumni Association of the life after studies. The JIBS Alumni
Association was also represented on the Graduation Banquet during the evening.
JAA Network activities
JAA organizes, independent and in partnerships, network gatherings in the form of pubs,
after works, and reunions throughout the year in Sweden and globally.
Pubs, After Works, & Reunions
Stockholm: 4 activities
Jönköping: 4 activities
Malmö: 1 activity (1 activity got cancelled due to low attendance)
Globally: 5 activities
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
Financials 2014
2014 is the third year JIBS Alumni Association reports its own finances. By the Annual
General Meeting in May 2014, the JIBS Alumni Association Membership fee was introduced,
first time JAA decides to implement a voluntarily membership fee for its members. The
membership fee is an essential source of income, since the cut offs from JIBS have had a
major impact on the JAA organization.
Having a membership fee as a base source of revenue streams will guarantee JAA to be an
active organization in the long run. The strategy is to have differentiated sources of income
and the work for securing long term financial stability is ongoing. As the Annual General
Meeting decides the membership fee for each consecutive year, a consistent and long-term
understanding of the importance of having a membership fee is very much needed.
Financial result 2014
The financial result of 2014 ended in a loss of -8.743 SEK (-679 SEK). Total revenue for the
year amounted in 5.200 SEK. Costs sums up to – 13.943 SEK (-4.097 SEK).
Costs during 2014 were allocated to operational costs including travel expenses, insurance,
bank charges and IT-administration. Costs were also allocated to membership events,
explained in the activities section. Operational costs are costs that are necessary for the
board to do their work, and for JIBS Alumni Association to exist as a professional and active
organization. By increasing the number of members paying the membership fee and
expanding to other revenue streams, it is an immediate goal to allocate the majority of
current finances for membership activities.
There was no cost compensation given by JIBS during 2014. JIBS Alumni Association has a
close and meaningful relation with the administration of JIBS and collaborated activities
between JAA and JIBS are always ongoing, so are the possibilities of JIBS partnering in JAA
events.
Income generating activities, such as event fees, sponsorship programs and donations are to
be further developed and executed during 2015.
Income statement, balance sheet, notes and key ratios will follow below.
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
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Annual Report 2014
JIBS Alumni Association
Jönköping May 29, 2015
Approval of the Annual Report:
The board of JIBS Alumni Association 2014
_______________
Xenia Johansson
President
__________________
Mikael Klaar
Vice President
___________________
Jaroslav Veresjtjaka
Vice President
_______________
Henrik Johnson
Treasury
__________________
Bengt B Hansson
Board member
___________________
Andreas Runnberg
Board member
_______________
Federico Rodriguez
Board member
__________________
Justin Johnson
Board member
___________________
Irsa Amerian
Board member
Contact:
Questions regarding the Annual Report 2014 are directed to:
Xenia Johansson
Chairman & President
Email: [email protected]
Mobile: +46 76 650 44 78
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