AIM Moves On!

Today at 10.30 a.m. the AIM staff gathered for a General Assembly at the Soriano Hall. The environment at the Soriano Hall had a positive vibe. The general atmosphere was light and informal, complete with flowing coffee and some snacks.

Everyone was curious about the meeting agenda. Executive Managing Director Carmela Chupungco opened the session, explaining that it was the venue where AIM President Francis Estrada wanted to formally and officially inform the staff of his decision not to renew his contract with AIM. President Estrada said that he enjoyed the responsibility as AIM President and thanked the staff for the consistent positive support. He also expressed that it was an honor to lead the first management school in the Far East, especially at this strategic time when Asia is becoming the center of global economic activity.

President Estrada cited that the positive financial conditions and increased enrollment levels in the Institute were the result of the collective work among the AIM staff. One of the key policies he initiated was the merit based performance reward system, a move that President Estrada believes was instrumental in strengthening AIM's situation. This means that performance of each staff will be evaluated, and will be given due reward. He promised to implement this before his term ends.

Further, he called for a renewal of leadership and passion across the entire AIM community, faculty and staff to re-strengthen the position of AIM as the leading management school of Asia even after his term as AIM President. He reiterated that the staff should continue working as a team, towards the shared goal, moving without an inch of mediocrity, but towards excellence and market leadership.

The staff expressed their respect and gratitude for the service President Estrada rendered to the Institute. The policies and reforms he implemented will be a precedent towards more positive changes in the Institution.