A Term Well Spent

Abdullah Barakat - VP Finance
Posted on: March 29, 2016

Where, oh where has this term gone. Time sure has flown by quickly, but as we all know, time is money, so it’s time to get down to business. I came into this term with a lot of ideas and thankfully so many of them have come to fruition. Moving forward there are some goals I have in mind for my last term as VP Finance.

E7 C&D

Since we are confirmed to have another C&D in Engineering 7 once it opens, a lot of planning and logistical work needs to be put in place in order to assure a smoother transition into the new building, while not affecting or being detrimental to the current CPH C&D. My plan is to work more in depth with our business manager to have a plan ready long before the building opens, in an attempt to make life easier when the time comes. That will be one of my essential goals for the Fall term.

Novelties

This term, my main focus when it came to Novelties was to sell as much of our old inventory as possible in order to make room for new things. We ran two fire sales this term, which were a massive hit. I would like to say that it was a success and we managed to sell most of our inventory, especially clothing items, and now a focus moving forward will be to introduce a lot of new Eng Swag into Novelties. I am already in talks with the B-Society VP Finance, Don, as well as the Novelties Directors for the Spring term, and we already have some ideas for what we plan to bring in. Come the Fall term, my plan is to have Novelties be full of brand new inventory and to bring more Engineering Spirit to Waterloo!

External Sponsorship

In the Fall term, we will be running the First year Engineering Leadership Conference, and in order to provide a great experience for the attendees, we would need to acquire some sponsorship in order to fund everything. One of my main focuses for the co-op term is to reach out to external organizations in order to get the ball rolling for sponsorship and make sure that we can provide as great of an experience as possible to those attending. Other than the Conference, EngHack will also be occurring in the Fall, and will also require funding, so getting the ball rolling on that would also be great!

That is all for now, but please shoot me an message at vpfinance.a@engsoc.uwaterloo.ca if you have any questions, comments, or concerns about anything under my portfolio, EngSoc as a whole. or if you just want to chat. Stay Awesome, Waterloo! Hope you have a great co-op term, and I will see you all in the Fall!