Friday, March 15, 2013

Income Generation & Cost Saving Lab

Day 1: Members of the Senior Management Council (MPK) have been tasked to think of ways to generate more income and to save cost for the university (Universiti Teknologi MARA).  This weekend, members are attending a three-day lab discussion at the University's Training Centre in Kampong Gajah in Perak.  Deans, Campus Rectors, Directors of Centres of Excellence and Heads of Departments, together with the university's top management (i.e. Vice Chancellor, Deputy Vice Chancellors, Registrar, Treasurer, Assistant Vice Chancellors) will participate in brainstorming sessions to come up with appropriate policies, governance and strategies for income generation and cost saving initiatives.  Prior to the lab discussions, participants have been given pertinent information and data about the university that would be relevant.  Data on emoluments, expenditures on utility, procurement, income generation by strategic business units of the university were presented by the Registrar and the Treasurer.