The document discusses the importance of alumni engagement and what is needed to ensure optimal alumni relations. It states that schools need fully functional alumni offices, updated alumni data, regular communication channels, and an HR team to plan engagement programs. The document provides examples of engagement activities like alumni mentorship of students, guest lectures, fundraising, and alumni networking and reunion events. It also presents case studies of successful alumni relations programs at universities like Oxford, Penn, and IIT Mumbai. Overall, the key message is that alumni engagement benefits students, faculty, and the institution's development.