Tibco Meeting
- Simple objectives.
- one to make iit world class: demand salaries, benefits, give back etc
- assist alumni in networking. building the network.
- started in mid-90s. there's the same today.
- example: iit aa in bombay, although big concentration, unfortunately cannot get participation.
- because no focus.
- causes don't belong
- want to fix elementary education. huh?
- dedication has to be to be to alumni
- iitb had to bootstrap
- working with distinguished alumni
- fundamental problem.
- no bandwidth in iitbhf core.
- fabulous support, but we need something in the middle.
- umbrella should continue to be there
- need a nationwide executive
- need credibility
- courting/gestation/infant/childhood
- alum services,
- two parts to alum offices
- alum services
- dev activities
- stanf has 200 full time for alum services
- serious business
- create bridges from alum to stanford
- create reunions: 1, 5, 10, 25 in diff cities around the world.
- keep track of alumni as they move around; events etc
- iitb had 10-12 people started with 1975 to 1986 batch;
- no networking,
- just word of mouth
- newsletters started in 1990.
- added IIT jokes, fundas
- had Yogen Dalal... big VC. had him encourage alumni to do startups
- also: started hosting IIT professors.
- learnt funding frozen
- in 20th reunion, at dinner time, 'we need to do something'
- 1996 iitbhf formed.
- in one of the hosted events, they brought in 15 'da's.
- not a formal designation
- experience, not money
- need a broadband term? just need to give 'bhav'
- across all IITs: genuinely good people
- outreach * talk later
- establish chapters everywhere.
- built 9 chapters. fact is, everybody wants to do something
- provided nucleus
- get the gang of 5 (middle tier) and have them build the chapters
- get some people across the country
- need consistency. having worked for 15 years on it helps.
- don't have a bylaw of 'cannot be officer for more than 1 year'
- professional full-time people is how persistence is done in US. we can't...
- leveraged IIT: everytime someone well liked came
- pair them with a DA: who will talk about their success
- 1/3 * 2/3 mix. Nostalgia + listen to DA (the MAGIC formula)
- money: in the first meeting, 3 people pulled out their wallets.
- focus on value. how can you build value
- every contribution to IITBHF goes to IIT
- membership drive failed
- 15 people paid $25
- no annual fee
- did a one-page brochure in '98. small success to talk:
- his batch did $1000 each to hook hostels to internet
- the people who didn't want to pay now paid because they knew it's going to IIT
- success rate in the annual fundraising is 18-20% because of newsletters
- some DA pay $10K every few years
- fundraising card has options:
- lifelong scholarship. if you contribute $3K, the interest will pay for someone's tuition
- has an option for contributing to the chapter
- distinction between IIT and Chapter contribution
- other thing that helped: many people contributed large terms. interest on that is very
useful. BHF acts as an agent to see if the funds are controlled.
- annual fundraising mails the annual report
- after 99 or so, just a few people injecting money. rest of it is interest.
- because donor/irs wanna see checks/balances, we can keep the money that is
transferred, and use that interest.
- 2002 hired full time guy working for non-profit.
- this guy produced the annual report
- created a list of products for sponsorship
- institute should do this
- interaction was there. IITBHF took rudy to IITB. all the departments, ask them
what the dream was. could be a set of products
- brochure shown to DA, but is online.
- in 2002, decided we have chapter/email forwarding/database
- married iitbhf 5000 strong db with iit db 25000 strong... without accurate data.
- fairly large db. managed by iitbhf who pays some 'outsourcing' question.
- website here
- periodic feeds from the iitd db
- one place update.
- something else they did.
- want to hook them to the lifelong email address.
- during graduation, find out where they are going
- how to grow the network now? use pan-iit.
- dev services:
- 1998 kanwal rekhi said how much money do you want... got $2 mil
- 1st da meet in chicago. invited 30 successful individuals
- no bidding war, but challenged each other.
- not all showed up
- based on vision. hostels, infra etc. sold those ideas
- about $7-8 of $20-25 showed up
- purely fundraising invite-only event
- NY chapter had a philo disagreement. they thought all alum are same.
- 2 events. maybe same day.
- wherever there's a DA meet, lots of folks show up. 100-200 people
- the DA show up to the public event
- also invite non-US das
- 2000 focus shifted from fundraising to championing causes
- pairing DAs with Deans
- industry collaboration: not that much.
- like big schools have large contracts
- from industry for research/carrying out projects
- make that much bigger. have companies here collaborate with IIT
- needs a change of mindset
- successful schools initiate these activities. usually not from alum
- but in B case it was more an alumni donating
- iitbhf started reunions. 8 months to plan their own reunion.
- what cause to support? funded gymkhana. raised $5mil
- created a list of people to bug.
- get as many people to powai
- have everyone contribute something
- idea: does IITB belong as much in your heart worth one day of your salary?
- over 20 years, one month of salary. can you pledge one month of salary?
- put together CD of old pictures. if you pledge 1 month, you'll get it right now
- reunions: 35th is special; since kids are gone, almost retired. they think about wills etc
- faculty-alumni networking. best thing they did.
- rope in academicians
- 150 strong academic network
- 25 came together, with 25 faculty, invited 25 phd students interested in going back
- made interviews, 8-10 offers right then.
- 25 here shared the best practices
- can't contribute money, but knowledge
- the way IITB did: paid for deans to be here. rest of them were here on conferences etc
- have had 2 meetings.
- they held a conference in bombay where US faculty can bring their colleagues to B
- nanotech workshop
- one of the product is 'faculty development'
- do it in May. good time
- targetting other big issues, for him, recruitement is secondary
- other alum organizations get them early. as they grow, they'll give more
- they have project managers to manage delivery to industry otherwise faculty lose projects
- what do you mean by world class?
- if a F500 wants something done, they don't come to IIT
- first large event: made it free. lots of people came 150-200 people showed up
- had some da. was a draw
- scalability of the organization. leverage the DA network. open it up to 30 people
- talk to IIT to get the middle tier/DA list
- strong research focus will propel IIT
- brand development = networking. who to contact etc
- each time there is a graduating batch, engage the hostel gsec etc
to contact alumni assoc here
- students want to find out more about alumni. they want to help too. free networking.
- mission? make iit world class; help alumni network
- don't dilute it: eg B alumni
- organization?
- commitment from IITD?
- alumni center
- guest house reservations online?
what B can give us
- db & website
- offices
- lessons
- consistent set of 10 people for a couple of years. 5-10 hours a week
Who's where?
- whiteboard with name/place
Coordination with IIT:
- clearinghouse so we know who's coming when/where
Key lessons:
- always pair with DA
- contribution comes out of the pocket
- milestones on dates. khosla's money?