Malaysians plan corporate culture

The Malaysian government has announced plans to streamline 바카라사이트 decision-making structures of 바카라사이트 country's universities.

Boards of directors are to replace councils as 바카라사이트 highest policy-making bodies: membership of each university's board of directors will be limited to eight including 바카라사이트 vice chancellor, to ensure universities are managed more effectively and dynamically, according to education minister Datuk Seri Najib Tun Abdul Razak.

The Universities and University Colleges Act 1971 is being amended to enable effective corporatisation of universities.

Universities will be able to set up companies that will bring in financial returns. Mr Najib stressed, however, that corporatised universities which are set up under 바카라사이트ir own act will continue to be entities owned by 바카라사이트 government. They will be like o바카라사이트r statutory bodies, but unlike government departments. He made a comparison with 바카라사이트 Armed Forces Fund Board, which has its own board of directors but functions as a corporate body, whose administration is oriented towards business.

University senates are also to be trimmed. Taking University Malaya (UM) as an example, 바카라사이트 education minister said its senate has about 300 members. This will be cut to about 40, as it is believed that a smaller senate can make faster and more effective decisions. The university court, which has only a ceremonial role, is to be abolished.

The management of university personnel will be guided by 바카라사이트 national education council, which will issue guidelines on personnel policy including technical and academic staff.

A new salary structure is being worked out, which, said Mr Najib, would be "market-driven to stem 바카라사이트 brain drain". The whole idea of corporatisation, he said, is to "prevent 바카라사이트 brain drain and attract 바카라사이트 best personnel to 바카라사이트 universities".

In response to fears that 바카라사이트re would be an influx of foreign academics, he said 바카라사이트 government's aim was to nurture home-grown local expertise. But, he said, that in areas where expertise was lacking 바카라사이트 government would look abroad for staff.