You will recall that all members were recently given the opportunity to complete a short on-line survey about our Club's finances - your views, opinions and suggestions were sought.
We had a tremendous response with 33% of all members responding. This is equivalent to all the people who have attended the last TWO Annual General Meetings - so the results should have some weight.
This site seeks to sumarise the responses to the various questions etc - see the tabs above. However, to allow you to make your own assesment of the results - the raw data is also available : click here.
In the light of the responses from the survey and independent advice on options for investing our money, the small working part that was established to investigate options submitted a report to the Club's Board of Directors - this may be seen by clicking here. In summary, its recommendations were :
c] That consideration be given to the way forward outlined below :
i] All members be consulted on the future of BIVC and how it might be achieved – the survey identified that members valued being consulted.
ii] Consideration of any significant expenditure be suspended until a plan for the future can be formulated and approved by members.
iii] Proposals be brought forward to fund objectives / initiatives identified in the plan – funding being drawn from all areas of BIVC resources. After this has been achieved, the use of any remaining capital assets can be reassessed.
d] That consideration is given to a prudent minimum level of ‘operational’ capital needed by BIVC and as a consequence how much was available for what ever uses were identified.
We had a tremendous response with 33% of all members responding. This is equivalent to all the people who have attended the last TWO Annual General Meetings - so the results should have some weight.
This site seeks to sumarise the responses to the various questions etc - see the tabs above. However, to allow you to make your own assesment of the results - the raw data is also available : click here.
MANY THANKS TO EVERYBODY WHO RESPONDED
In the light of the responses from the survey and independent advice on options for investing our money, the small working part that was established to investigate options submitted a report to the Club's Board of Directors - this may be seen by clicking here. In summary, its recommendations were :
a] That the Working Party’s work and recommendations be noted.
b] That no further action be taken in respect of the specific investment / acquisition options explored by the Working Party.
c] That consideration be given to the way forward outlined below :
i] All members be consulted on the future of BIVC and how it might be achieved – the survey identified that members valued being consulted.
ii] Consideration of any significant expenditure be suspended until a plan for the future can be formulated and approved by members.
iii] Proposals be brought forward to fund objectives / initiatives identified in the plan – funding being drawn from all areas of BIVC resources. After this has been achieved, the use of any remaining capital assets can be reassessed.
d] That consideration is given to a prudent minimum level of ‘operational’ capital needed by BIVC and as a consequence how much was available for what ever uses were identified.
If you would like to comment on these recommendations and/or on any aspect of the survey, please leave a comment below.
