QSB Commerce Society ratifies Oil Thigh Designs and enters into business enterprise

Posted on April 15, 2009

At the Queen’s School of Business Commerce Society Annual General Meeting, a motion to ratify Oil Thigh Designs (OTD) as the Commerce Society’s first official business passed unanimously. For Canada’s largest undergraduate business student society that hosts 14 national and international conferences and competitions, while operating 20 internal committees, entrance into the operation of businesses is the next area of strategic growth in its mission to enhance the Queen’s Commerce experience by representing student interests, inspiring leadership and empowering students to pursue their passion.

OTD operates three lines of business: retail, customized clothing and Commerce leather jackets. Similar to the Commerce Society, employees of OTD receive no financial compensation for their services, but amass critical business and leadership skills, while ultimately enhancing the undergraduate experience of themselves and their customers, in alignment with the objectives of the Commerce Society. The Commerce Society Executive approached the management team to begin discussions after recognizing the mutually beneficial synergies of OTD joining the Commerce Society.

At the Annual General Meeting, OTD Co-Manager Natasha Zelmer and Strategy Coordinator Michael Brewer presented their strong financial situation and strategic outlook for the business. Commerce Society President Matthew Price and incoming President Spenser Heard recognize that OTD offers an important service to Queen’s students, and offers Commerce students the ability to embrace an opportunity different from the current offerings of the Commerce Society. OTD will be governed by the newly introduced ‘Policy on Business Enterprise’ with immense future prospects by leveraging the infrastructure and network of the Commerce Society.