SOLVAY SCHOOLS ALUMNI ASBL
ORDINARY GENERAL MEETING
MAY 19, 2016 – FLAGEY
AGENDA
Welcome
Thierry GEERTS: « It’s early morning of the web »
Those who passed away
Approval of the minutes of the Ordinary General Assembly of 12 March 2015
2015 Annual Report
2015 Annual Financial Report
2016 Budget
Discharge of the Board Members
Election of new Board Members
Honorary members
Thank you to Christian JOURQUIN and the colleagues leaving the Board this year
Drink
THOSE WHO PASSED AWAY
THOSE WHO PASSED AWAY
ANDRY Jacques ICS 1951
BALIEUS Marianne ICS 1974
BAUM Edouard ICS 1952
BELLENS Didier ICS 1978
COURTOIS Jean-Pierre ICS 1950
DECARPENTRIE François ICS 1986
DEFAY Jean-Michel ICS 1971
DEFAY Jacques ICS 1946
DEMAIN Jacques ICS 1957
EYADA AYISSI Théophile MBA 1993
GOOSSENS Jacques ICS 1955
HOLLAND Jean ICS 1958
JOURQUIN Jean-Claude ICS+ECO 1960
LAGRANGE Jean ICS 1976
MUGUERZA Laurent ICS 1990
PECHER Thierry HIS-V 1992
RODAER Michel CPC 1982
SALAVRACOS Alexandre ICS 1987
SERRUYS Olivier CPC 1987
VANDELANNOITE Guy CPC 1984
VANESSE Charles CPC 1992
WINTERBERG Louis ICS 1956
APPROVAL OF THE
MINUTES OF THE
ORDINARY GENERAL
ASSEMBLY OF
12 MARCH 2015
ANNUAL REPORT
2015
ANNUAL REPORT
DATA BASE STATISTICS
Alumni from the Solvay
Schools ULB and VUB
23.182
Postal Adresses
Mail Adresses
14.558
14.018
1.705
Paid-up Members
in 2015
Men
Women
70 %
30 %
10 %
abroad in more than 85
countries
75 %
13 %
12 %
FR
NL
EN
=2014 + 9%
ANNUAL REPORT
ACTIVITIES CALENDAR AND COMMUNICATION
January: Club Governance “Où sont les femmes – Réflexions sur la participation des femmes au plus hautniveau de l’entreprise”.
February: Individual coaching sessions; Career Services; New Year Reception at La Monnaie /De Munt.
March: Workshop “Prévention Burn-out”; Individual coaching sessions; Career Services; General Assembly;Club Governance “Comitology or How to adapt your European Lobbying?”.
April: SSA Women Network: launch event with elevator’s speech & speed dating; Africa Business Club“Business in Africa: opportunities & perspectives”; Marketing & Sales Club “Grow your business by beingMeaningful to your customer”; Club Cepac visit of Mediafin ; SSA Switzerland: Alumni Vlerick-Solvay SwissGolf Challenge; SSA Switzerland: visit to FIFA ; Career Services.
May: Club Governance “Transatlantic Trade and Investment Partnership (TTIP) Take it or leave it?”; 20km ofBrussels; Regards de Solvay with Jacques Dopchie, Michel Van den Broeck, Isabelle Langlois-Loris, GillesSamyn; Finance Club of Brussels “Gloval Governance & Financial Regulation”; Career Services.
June: Coaching Session; Women Network Event “No I don’t have a cultural bias, not me!” Interactivesession animated by Stéphanie van Rossum – Media Leader France, Belgium & Netherlands at Procter &Gamble; Marketing & Sales Club: “The New Efficient Frontier in Pricing “; SSA Switzerland : After WorkCocktail; SSA Germany: Dinner; Workshop session about saturation cognitive ICT; Club VUC: BBQ.
July /
August: Club VUB: networking event at Zolder; SSA Switzerland: Visit to Morgarten Battle Field.
September: Sailing Cup, Graduation Ceremony ULB.
October: Coaching Session; Women Network Event: “Role Model, Myth or Reality” with Fabienne BryskèreManaging Director at Multipharma and Dominique Leroy CEO Proximus; Mentorship Forum; WorkshopPart2 (saturation cognitive ICT); Club Cepac: Visit of EVS world leader in live video systems.
November: Africa Business Club: “Understanding the Financial Environment in Africa”; Career Services;SSA Switzerland: Annual Joint Business Schools Ball.
December: Women Network Event: interactive session “How to remarkable women lead” ; GraduationCeremony VUB; Career Services .
ANNUAL REPORT
Improving our Communication
Website and database continuous improvement
Improvement of our accounting system
Communication tools
• Website
• Monthly e-newsletter
• 4 pages inserted in From Solvay magazine
• Targeted emailing campaigns for segmented communication
• Social Networks
Alumni Directory
Ambassadors Network
ANNUAL REPORT
OUR STRATEGIC PILLARS
• Develop a unique, effective and diversified networking place.Effective
Networking
• Offer an integrated set of coaching and mentorship activities, as well as internships and job offers, to help students and alumni define, reposition and boost their careers.
Career Services
• Help both alumni and the schools to remain up to date in university study areas and in the topics alumni need to meet their professional challenges.
Continuous Education
• Support the schools to be ranked in the Top 10 European business schools.Schools Support
• Contribute to the “Voice of Solvay” in Belgium. Impact on Business
& Society
ANNUAL REPORT
GEOGRAPHIC INTEGRATION:
AMBASSADORS NETWORK
A mixed and pragmatic approach
In a few countries counting an important population of Solvay alumni (France, Luxembourg, The Netherlands, Germany, the UK and USA)
Decentralized approach: we encourage the creation of formal associations (non-profit)
Control will be maintained thanks to a still centralized database accessLicenses will be given for the use of our name
In other countries, counting a smaller alumni population Centralized approach: a SSA ambassador signs a contract with our
association, and than receives a mandate to represent SSA abroad
Control will be maintained thanks to the signed agreement, which will also settle the limitations of the ambassador’s mission
The administrator in charge of our pillar “Effective Networking” is in charge of the surveillance and reports to the Board
ANNUAL REPORT
AMBASSADORS NETWORK
Germ
an
y
• Dinner
Sw
itzerl
an
d • Alumni Vlerick-Solvay Swiss Golf Challenge
• After Work Cocktail
• Visit to FIFA
• Annual joint business schools ball
• Visit to Morgarten Battle Fields
ANNUAL REPORT
PARTNERSHIPS AND SPONSORS
Global Sponsor
Platinum Sponsor
Activity Sponsors
• McKinsey, Umicore, AXA IM, AXA, ALLOcloud, Haynault , Mary, Chaudfontaine, TractebelEngineering, AGEAS, SopraBanking, Pernod Ricard, Mediafin, our Directory sponsors;
• Midis de Trends / TrendsLunchgesprekken.
ANNUAL REPORT
Improving our Organization
Membership calls and reminders
Research for Sponsoring
Clear structure: strategy document
and Corporate governance
Endowment to share resources
between Solvay Schools and Solvay
Schools Alumni
Marketing & Communication are
improving; new strategy in
preparation
3 new axis of development for 2016
ANNUAL REPORT
OUR PLAN FOR 2016: 3 STRATEGIC AXIS OF GROWTH
We will give our alumni opportunitiesto grow
We will grow our membership
We will help our schools grow
ANNUAL REPORT
PERSONAL & PROFESSIONAL DEVELOPMENT
What is our added-value? What makes us special?
A friendly network, a « safe-space » among graduates from the same
schools
Professionals in many domain, sectors of activity…
Many of them are happy to share their insights with their fellow alumni
Success of our current career services offer: our job sessions are full
every year
In an environment in constant evolution, today’s management tools will
not necessarily work tomorrow. We are also more sollicitated then ever.
Together, we can create something unique!
ANNUAL REPORT
PERSONAL & PROFESSIONAL DEVELOPMENT
A new program, unique and exclusive for our members
4 clusters identified, from the young professional to the confirmedmanager
Goal: help you improve, from being a strong individual performer to becoming a great, inspirational leader
For each cluster, a program made of 1 short event and 1 long event(Friday to Saturday)
Animated by high-level professionals
First short-event scheduled on April 18, and first long-event in September
Join in and spread the word!
ANNUAL REPORT
MEMBERSHIP GROWTH AXIS
We want our association to be more representative of our alumni and grow our membership (currently 1629 members or 7% of the alumni)
We have started to take actions in that direction
A team of students from the school has been hired in February-March 2016 to systematically call alumni and convince them to become members
They also collected feedback from the alumni, which will be new material for improvement of our services and activities
Approximately 120 alumni paid/renewed their membership thanks to our phone calls
Financially, the operation offers a small financial profit
We are drawing lessons from this exercise and will adapt future operations
Improve our database quality
Focus on specific target-groups (by school, by cohort)
Test different methods to approach new members (mail, email, calls, ambassador programs, automatic renewal)
Your ideas are welcome
ANNUAL REPORT
MEMBERSHIP BY CONSTITUENCIES
Constituencies Tot. Alumni 2011 2012 2013 2014 2015 2016
Ingénieur de gestion 5.436 711 494 672 701 814 766
Science economiques 3.816 100 63 93 108 133 120
Handelsingenieur 1.895 124 67 85 107 115 111
Toegep. Eco. Wetens. 198 - - - 1 0 0
Master Management &
Bedrijfs. VUB670 - - - 10 16 13
CEPAC/EMM 2.116 270 165 230 236 234 208
MCC en gestion 1.616 120 90 103 113 113 90
MBA 1.765 83 47 57 67 64 93
Others (ExEd and Advanced
Masters)5.670 169 104 175 221 217 228
Total 23.182 1.577 1.030 1.415 1.564 1.705 1.629
ANNUAL REPORT
SCHOOLS DEVELOPMENT AXIS
As alumni we have a responsibility to support the Schools, at a
moment where the field of business and economics education
undergoes profound mutations.
We have the aspiration to give the best of what we have to
become an important partner and supporter of the future
evolution of the Schools.
We are in active conversations with them to jointly identify
where and how we can have the greatest impact.
ANNUAL REPORT
CURRENT ACTIVITIES TO SUPPORT OUR SCHOOLS
Support to the Schools
From Solvay magazine - Seminars in Management Science
Chair in Management - Journées Portes Ouvertes/Terug na d’unief -“Chair in Management Experience” (43k €/year ): First academic year in 2009 - Solvay Schools Alumni Prize (HIS-V) Champagne kit + 250 € –Mock Interviews – Mentorship Forum
Solvay Executive Education communication – Seminars in Management Science – ABIS membership – Chair in Mobiliteit en Fiscaliteit
Seminars in Management Science – Mentorship Forum – From Solvay & SSA Newsletter
FINANCIAL REPORT
2015
FINANCIAL REPORT 2015
RESULTS
2015 2014 2013
OPERATING INCOME 338.256 923.305 367.464
REVENU 337.194 922.610 364.123
OTHER INCOME 1.062 695 3.341
OPERATING COSTS 451.883 731.577 449.347
SERVICES & OTHER GOODS 213.641 497.292 264.628
PAYROLL COSTS 150.509 166.727 109.381
DEPR. & AMORT. 7.323 11.159 13.539
OTHER OPERATING COSTS 80.410 56.400 61.800
OPERATING RESULT -113.628 191.727 -81.883
FINANCIAL RESULT -536 858 2.897
EXCEPTIONAL RESULT 0 0 0
RESULT OF THE YEAR -114.163 192.585 -78.986
ADDITION TO THE ENDOWMENT 0 -125.000 0
USE OF THE ENDOWMENT 92.000 55.000 115.000
RETAINED EARNINGS -22.163 122.585 36.014
FINANCIAL REPORT 2015
BALANCE SHEET
2015 2014
ASSETS 905.313 1.005.531
FIXED ASSETS 0 9.120
Tangible Fixed Assets 0 9.120
CURRENT ASSETS 905.313 996.411
Trade Receivables 157.058 52.734
Other Receivables 0 6.920
Cash & Equivalents 747.355 936.757
Deferred Costs 900 0
LIABILITIES 905.313 1.005.531
EQUITY 777.889 892.052
Capital 100.000 100.000
Endowment for Schools 118.833 85.833
Addition to the Endowment 125.000
Other Reserves & Acc Profit 559.055 581.219
DEBT 127.424 113.480
Trade Payables 47.069 35.617
Taxes Payables 17.433 0
Payroll Related Debts 23.496 35.798
Deferred Income 39.426 42.065
Other Debts 0 0
FINANCIAL REPORT 2015
RESULTS BY ACTIVITY AND PER NATURE
ADMINISTRATION -12.193 CAUSERIE AU COIN DU FEU -558
cost -254.615 cost -578
revenue 242.422 revenue 21
ANNUAIRE 13.032 MARKETING CLUB 123
cost -25.268 cost 0
revenue 38.300 revenue 123
CAREER SERVICES -1.550 NEWYEAR RECEPTION -13.031
cost -1.810 cost -18.791
revenue 260 revenue 5.760
CLUB AFRIQUE -970 SAILING CUP -310
cost -2.640 cost -31.158
revenue 1.670 revenue 30.847
CLUB CEPAC 74 Support to the schools -1.250
cost 0 cost -93.250
revenue 74 revenue 92.000
CLUB GOVERNANCE 3.420 SMALL EVENTS & CONGRES -3.956
cost -15.666 cost -4.892
revenue 19.086 revenue 936
CLUB SSA WOMEN 904 MENTORSHIP FORUM -1.254
cost 0 cost -1.254
revenue 904 revenue 0
Club VUB -3.021 20km de Bxl -1.624
cost -4.097 cost -2.946
revenue 1.076 revenue 1.322
Cost -22.163
FINANCIAL REPORT 2015
IN A NUTSHELL
Membership objective has been reached: 1.700 members
A new global sponsor: LeasePlan
A new edition of the Directory
No Congress in 2015
Investments:
13k for the New Year Reception
2,5k for creation of the Africa Business Club
10k for the database improvement
Loss of 22k
BUDGET
2016
BU
DG
ET
2016
2016 2015 2014
budget Budget actuals actuals
842.450 338.256 923.305
Income 841.450 337.194 922.610General sponsoring 87.500 75.000 62.500
Membership fees 180.000 143.286 146.663
Activities 573.950 118.908 713.446
Other Income 1.000 1.062 695
604.608 352.560 665.418
Material cost 500 446 499
Services & other goods 433.800 201.605 498.192
Payroll related costs 170.308 150.509 166.727
237.842 -14.304 257.887
Depreciations & provisions 5.000 7.323 11.159
Depreciation 4.000 10.131 10.041
Provisions 1.000 -2.809 1.118
232.842 -21.627 246.728
-1.000 -536 858
231.842 -22.163 247.585
Addition to Endowment 125.000 0 125.000
106.842 -22.163 122.585
118.833 210.833 140.833
140.000 92.000 55.000
20.000 20.000 20.000
58.000 43.000 30.000
15.000 15.000 5.000
From Solvay 40.000 0 0
7.000 14.000 0
125.000 0 125.000
103.833 118.833 210.833
Operational Income
Profit & Loss Accounts
Endowment Expenses
Profit
Financial Result
EBIT
EBITDA
Total Endowment
Endowment Reserves
VUB+ULB
Operational Costs
Endowment Income
ABIS
VUB
ULB
Proposal for profit allocation
Result Affected to Other res. & Acc. Profit
BUDGET 2016
IN A NUTSHELL
Membership raise of >5%
A new Platinum sponsor to be found
Congress’ profits identical to previous edition: 250k
All activities (fun and conferences) must be break-even
Investments:
10k for our new PPD programme
10k for our Membership Operations
9k for the New Year Reception
Result comparable to 2015
ANNUAL FINANCIAL REPORT
2015-2016
2015 Annual Financial Report
Validation & Acceptation
2016 Budget approval
Unchanged Membership fee for 2017
*For countries where a chapter is in place
≤ 26 year 27 & 28 year 29 to 64 year household ≥ 65 year or
abroad
Company
EUR 25 EUR 50 EUR 100 100% of 1st fee
and - 50% for 2nd
EUR 50 or EUR
100*
EUR 150
DISCHARGE OF THE
BOARD MEMBERS
DISCHARGE OF THE BOARD
MEMBERS
FOR THEIR MANDATE UNTIL MARCH 24, 2016
Pierre Gurdjian
Christian Jourquin
Hugues Dethienne
Marc Grynberg
Jean-Paul Bissen
Michael Bertrand
Isabelle Loris
Michel Van den Broeck
Abdelkrim Boujraf
Olivier Borgerhoff
Sébastien Erkens
Marc Chamut
Dimitri Creus
Lennert Vierendeels
François Lebrun
Nicolas Gothelf
Marianne Fraeys
Paul Hermant
Gregorio Matias
Christophe Segaert
Philippe Vercruysse
Pierre Dupont
Chris Kodeck
Brice Libert
Vincent Grimaldi de Puget
Alexandre Thys
Pierre Cormier
Alexis Nsamzinshuti
Alexandre Gueulette
Gauthier Roelants
ELECTION OF NEW
BOARD MEMBERS
ELECTION OF NEW BOARD
MEMBERS
PROCEDURE
Part of the Board Members nominated on 12/03/2015 were in their second year, the others were elected for 2 years
In principle max. 30 members.
Two steps appointment procedure:
• Appointment of chairman, vice-chairman & managing director (language and residence requirements) (Article 13.2.1 of the by-laws).
Mandate still running for Vice-Chairman and Managing Director.
Chairman and Secretary-General to be elected.
• Appointment of the other candidates as board members by GA (Article 13.2.2 of the by-laws)
Each Board member is responsible for at least one specific project
Duration: 3 years for the chairman and the vice-chairman; 2 years for the others.
ELECTION OF NEW BOARD
MEMBERS
ARTICLE 13.2.1 OF THE BY-LAWS
Appointment of chairman, vice-chairman & managing director
(language and residence requirements)
Currently holding these positions
• Chairman: Pierre Gurdjian (HIS) (Until 2017)
• Vice-Chairman: Christian Jourquin (ICS) (Until 2016)
• Managing Director: Hugues Dethienne (MCC) (Until 2016)
• Secretary-General: Sébastien Erkens (ECO) (Until 2017)
ELECTION OF NEW BOARD
MEMBERS
ARTICLE 13.2.2 OF THE BY-LAWS
Current board members
Running Mandates:
• Pierre Gurdjian (HIS)
• Marianne Fraeys (ECO)
• Sébastien Erkens (ECO)
• Pierre Cormier (ECO)
• Pierre Dupont (EMM)
• Dimitri Creus (HIS)
• Chris Kodeck (MCC)
• Brice Libert (IGS)
• Gregorio Matias (ECO)
• Vincent Grimaldi de Puget (PMA)
• Gauthier Roelants de Stappers (IGS)
• Nicolas Gothelf (ECO)
• Alexandre Gueulette (IGS)
• François Lebrun (EMMA)
• Alexis Nsamzinshuti (MCC)
• Lennert Vierendeels (HIS)
ELECTION OF NEW BOARD
MEMBERS
ARTICLE 13.2.2 OF THE BY-LAWS
Appointment of the other candidates as board members
Candidates:
• Isabelle Langlois-Loris (IGS) – Vice President (until 2019)
• Olivier Hamoir (ICS) – Managing Director
• Jean-Albert Nyssens (ICS)
• Hugues Dethienne (MCC)
• Jean-Paul Bissen (EMM)
• Marc Chamut (IGS)
• Paul Hermant (MCC)
• Christophe Segaert (IGS)
• Valérie Mpasinas (IGS)
• Abdelkrim Boujraf (MBA)
• Michael Bertrand (IGS)
• Alexandre Thys (HIS)
• Walter Gelens (HIS)
WE SAY THANK YOU
TO THE COLLEAGUES WHO ARE LEAVING THE BOARD
THIS YEAR
Mandates achieved
• Christian Jourquin (ICS)
• Marc Grynberg (ICS)
• Philippe Vercruysse (ICS)
• Olivier Borgerhoff (MBA)
HONORARY
MEMBERS
HONORARY MEMBERS
CURRENT
ALLE Michel
BECKER Fabienne
BERNHEIM Emile
BILTIAU Philippe
de BARSY (Baron) Eugène
DE MAESENEIRE Patrick
DE SMEDT Pierre-Alain
DOPCHIE Jacques
FARBER André
GARDEDIEU Alexandre
GILLET Jean-Pierre
Art. 3 : « …La qualité de membre d’honneur peut être conférée, par décision du conseil
d’administration, à des personnalités belges ou étrangères, qu’elle jugera dignes de cette
distinction par leur situation dans le monde ou par suite de services rendus à l’association
ou à une des institutions visées à l’article 1 des statuts. Sauf accord de l’assemblée
générale, un membre d’honneur ne peut être un Alumnus. »
GOLDSCHMIDT Léo
HATRY Paul
HENRION Robert
JANSSEN (Baron) Daniel
JOURQUIN Christian
KIRSCHEN E-Sadi
LEMAITRE Nadine
LEVY MORELLE Henri
LOB Gérard
NARMON François
PEEREBOOM Oger
PRAET Peter
SAMYN Gilles
SCOHIER Pierre-J
SIMONART Jeanne
SOLVAY Jacques
VAN DAELE Auguste
VANDER EYCKEN Henri
VAN OMMESLAGHE Bernard
WEEKERS Daniel
THANK YOU ALL!