Archive for the ‘Skills Development’ Category

Another skills training centre

Saturday, July 1st, 2017

Kota Kinabalu: Efforts by the Construction Industry Development Board (CIDB) to produce skilled manpower to meet the needs of Sabah and the nation have been so successful that the State will soon have a second ABM training centre in Beringgis, Papar, for the West Coast.

“We expect to have a groundbreaking ceremony to mark the commencement of construction before the end of the year. The project will take about two years to complete,” said CIDB Sabah Director Rosmen Awang Hassan (pic).

Akademi Binaan Malaysia (ABM) conducts the training programmes that range from brick laying and tiling to welding and air conditioning servicing, among others.

Lately, peninsula-based construction giants like Gamuda, PetraEnergy and Pangerang have also been looking to Sabah for trained construction workers.

Rosmen said the existing CIDB Malaysia Skill Training Centre at Kota KInabalu Industrial Park (KKIP) and Centres in Sandakan and Ranau have trained 15,820 youths under the Youth Skill Training Programme from 2001 to 2016.

Another 46,079 completed the Construction Personnel Skill Training Programme during the same period.

“In addition, a total of 12,050 construction personnel/workers went through the accreditation process conducted by CIDB. As for the Customised Programme which is designed to meet the client’s requirement, 21,792 attendees have benefited.

“And during the same period, 35,015 construction personnel, and local and foreign workers were issued with the CIDB Green Card on completion of the Safety Induction for Construction Worker (SICW) programme,” he told Daily Express.

Rosmen said the setting up of CIDB Construction Clubs in schools have helped to promote ABM training programmes.

“Its aim is to educate and expose students to construction-related knowledge and skills as part of the effort to reduce dependency on foreign labour.

“Since its inception in 2013, 10 secondary schools in the state capital and surrounding areas have set up this club while 13 others in Tawau have also taken the initiative to do so in recent years,” he added.

by Mary Chin.

Read more @ http://www.dailyexpress.com.my/news.cfm?NewsID=118570

Enterprise Risk Management The Way To Go For Businesses, Says Expert

Monday, March 14th, 2016

KUALA LUMPUR, March 11 (Bernama) — Sixteen years ago, when the government forwarded a request to risk management specialist Dr Barathan Muniyandy to come up with a structured programme of enterprise risk management studies, he jumped at the opportunity and even proposed a name for the institution that would conduct the course – International College for Business Defence.

“I felt the name was apt as risk management was all about protecting businesses from internal and external ‘attacks’ but the authorities thought otherwise,” he recalled with a chuckle. The institution was, eventually, named Putra Intelek International College (PIIC).

The college got off the ground in 2000 with just one offering, which was the government-requested Diploma in Risk Management course. It has grown over the years to include other courses, which are conducted at its campus in Bandar Puteri in Puchong, Selangor.

“We were asked to come up with structured education for risk management because the government had recognised the need for one, in view of the rapid growth of business and commercial activities in the country, as well as the evolvement of complexities involving risks,” Barathan, who has a Ph.D. in risk management and is PIIC chief executive officer, told Bernama in an interview, here recently.

Since risk management is generally defined as “forecasting and evaluating financial risks to avoid or minimise their impact”, businesses tend to focus on reducing financial risk in their risk management strategies.

But Barathan contended that while the financial risk was being portrayed as the biggest issue in any organisation, most of the big losses companies were facing today were not caused by financial mismanagement or fraud but “decisions made by the senior managements”.

“Some 85 per cent of company failures are due to decisions made by senior management, only 15 per cent are caused by financial mismanagement,” he claimed.

ENTERPRISE RISK MANAGEMENT

Barathan, who has been a risk management consultant for the past 26 years, said when one studies business management, one is only taught how to run and administer a business. Risk management, on the other hand, entails a wider field.

“When you study business management, they will tell you what you are supposed to do but risk management will teach you what you are supposed to do; what you are not supposed to do; and how to do it.

“These three things combine and become enterprise risk management (ERM)… it means (managing risk) across the business organisation,” he explained.

The world, he said, was currently focusing on business management but he believed that risk management was slow emerging and would eventually supercede the former.

Barathan, who is also CEO of Handal Group – which provides ERM initiatives and consulting and risk mitigation services, among others – said companies today were required to operate with cost effectiveness, prudence and social responsibility in mind, hence “business investments involve more risks from all perspectives than they did in the past, and these need to be addressed diligently”.

As businesses become increasingly concerned about sustaining their growth and surviving in a fiercely competitive business climate, he figured that a winning strategy for them would not only require operational dynamism but the sheer ability to assess and mitigate risks.

“Companies today must embrace a fresh strategy and ability in learning to manage what they don’t know,” he said, adding that this was where risk management expertise would come in.

FOUR MAIN ELEMENTS

According to Barathan, risk management covered four elements, namely strategic, operational, financial and compliance risks.

by Rema Nambiar and Kisho Kumari Sucedaram

BERNAMA.

Read more @ http://education.bernama.com/index.php?sid=exclusive_content&id=1224201

Skills Development Must Be Embedded In Academic Program: Mary Yap

Monday, April 13th, 2015

News Pic

LABUAN, April 11 (Bernama) — Students should be active in co-curricular activities as they are equally important to academic achievement.

Deputy Education Minister Datuk Mary Yap said this was because the government wanted to produce high quality human capital who would contribute towards peace, progress and harmony of the country.

She said education would determine the student’s future but at the same time, students must also be active in co-curricular activities like sports and clubs.

“These are the fields important to students before enrolment into higher learning institutions, as such, skills development should be embedded in academic programs,” she said at the closing of the 3rd VokTek Sports Carnival, here Saturday night.

“It is not easy to excel in both the academic and co-curricular activities, but it is not impossible,” she said.

Yap said students who were good in both fields had a better chance of getting into higher learning institutions compared to those who only excelled in one field.

“It is not a waste if students are active in school activities as it helps them to face bigger challenges in future,” she said.

BERNAMA.

Read more @ http://education.bernama.com/index.php?sid=news_content&id=1125398