1. Kiran Kumar Chereddy, MCAA Treasurer
MCAA Vision for Self-sustainability
& Financial Strategy
To better support our members and future
Kiran Kumar Chereddy, MCAA Treasurer

2. “Trust and Transparency are the key pillars for running the finances within MCAA.”
Kiran Kumar Chereddy

3. 2016/17 – Reforms relavent to Chapters/WGs
Standardization of financial years
Creation of funding reservoir Power of words
Self-sustainability

4. Standardization of financial years
All WGs and Chapters conclude their financial / operational year on the same date  last day of September every year
CREATE WGs and Chapters throughout the year

5. Creation of funding RESERVOIR
Support ACTIVE WGs and Chapters all along the financial year
Top-up the budgets of WGs and Chapters once they exhaust the initial allocations
Always submit a 5K Plan (activities for €5,000)

6. Self-sustainability: Think & Act Locally
Provide assistance to chapter members
Be creative and address local needs of members (trainings, grants, career plans, networking, etc.)
Form collaborations and partnerships with local organizations, universities and companies
Set annual targets, plan activities and generate revenue

7. ‘Look local’: plan and support Chapters’ activities and generate revenue
Kiran Kumar Chereddy

8. Chapter Management Working Group (CMWG)
Local Chapters are the interface between MCAA and its Members
Offer Networking, Training, and Career Development
Increase Participation of MCAA Members through Local Chapters

9. CMWG Aims Provide Support and Advice to Local Chapters
Facilitate Establishment of New Chapters
Develop “Best Practices” and Guidelines for Local Chapters
Communication between MCAA Board and Local Chapters

10. CMWG Operations CMWG members from current and former chapter chairs
Maintain regular contact with Local Chapter Chairs/Boards
Attendance at various chapter meetings, especially new chapters
Develop Documents and Tools for Chapters to share information:
e.g., Best Practices, Newsletter Templates, Contact Lists

11. Local Chapter Activities
Informal Networking Events: Very important for building a community
Chapter Meeting: At least 1 per year, planning and organization
Training Events: Soft-skills, Technical Skills, Career Enhancement
Get quality speakers, collaborate with external organizations, consider sponsorship and fees
Local Engagement: Science Events, Career Days, Lectures, Policy etc.