Sun.Star Cagayan de Oro

BILLBOARD

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ALTHOUGH the term is said to have first emerged in the US Military at the end of the Cold War, VUCA has since become a go-to acronym when talking business strategy. Nowhere is the impact of the volatile, uncertain, complex, and ambiguous (or VUCA) world more keenly felt than in organizati­ons that face great risk from several quarters — and by the job seekers racing to enter these enterprise­s.

A recent SunStar Davao article noted how Department of Labor and Employment-Davao’s Marlito Ayala had pointed out the existing job mismatch in the region, arising when employees’ skills do not fit their job descriptio­ns. To address the issue, Ayala said the labor department was currently in talks with the academe and private organizati­ons to pinpoint which jobs would be most in-demand in the next five years.

To begin addressing the VUCA concerns of companies and individual­s who want to do more than merely survive the competitio­n and avoid risk, the Asian Institute of Management (AIM) will hold free info sessions based on its pioneering degree programs in Davao and Cagayan de Oro.

On Tuesday, May 8, Professor Maria Elena Herrera, FASP, PhD will be at the Davao City Chamber of Commerce and Industries, J.P. Laurel Ave., Agdao, Davao City, to talk about Enterprise Risk Management (ERM) from a modern, strategic approach. The session will run from 1 p.m. to 5 p.m.

Herrera is the Academic Program Director of AIM’s Master in Entreprene­urship program. She pioneered the value chain approach to risk identifica­tion and assessment under ERM, currently used in a variety of industries, such as banking and manufactur­ing.

She will speak at another session on May 9 at the Cagayan de Oro Chamber of Commerce and Industries, Pedro N. Roa Senior Ave., Pueblo de Oro, Cagayan de Oro City, from 1 p.m. to 5 p.m. Break Down the Barriers: Innovate! One of the biggest problems STEAM graduates face is the intense competitio­n in their field. In 2015, a total of 250,702 students across the Philippine­s graduated from courses related to science, technology, engineerin­g, architectu­re, agricultur­e, mathematic­s, or medicine. In the same year, only 1 in 25 STEAM graduates based in Manila were able to land a job that actually fit their training.

The AIM Master of Science in Innovation and Business program can give these graduates the edge they need to stand out from the competitio­n. Of the 21 students in the first MSIB batch, 15 have received awards from national and internatio­nal parties as of this writing.

Several startups that were launched as part of the program have, thus far, received a total of P2.5 million in seed funding.

A third of the class was interviewe­d by AIM’s industry partners three months before the end of the program, and five students were offered jobs soon after. Of the five, three students signed employment contracts before graduation, and 10 graduates reported a 2 to 3x multiplier from their previous salaries.

To talk more about these opportunit­ies, MSIB Academic Program Director Matthew Escobido will be at the Seda Abreeza Hotel, J. P. Laurel Avenue, Bajada, Davao City on 18 May 2018 for a workshop and informatio­n session that will run from 5:30 p.m. to 7 p.m.

Both MSIB and ME are housed under AIM’s School of Innovation, Technology, and Entreprene­urship (SITE), which was establishe­d in 2017. By collecting entreprene­urs, innovators, and data scientists under one roof, SITE hopes to be the training ground for the next generation of future-ready Asian leaders.

For inquiries and registrati­on, contact the following:

ME (General Inquiries) — Cynthia BovierLapi­erre at +63.2.892.4011 ext. 1856

ME (Davao) — Jane Sachiko at +63.82.222.1402

ME (Cagayan de Oro) — Lleechuan King at +63.88.858.4068

MSIB (General Inquiries) — Cherrie Magbanua at +63.916.671.3946 or msib@aim.edu (PR)

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 ?? (PR PHOTO) ?? PROFESSOR Maria Elena Herrera, FASP, PhD is the Academic Program Director of AIM’s Master in Entreprene­urship program.
(PR PHOTO) PROFESSOR Maria Elena Herrera, FASP, PhD is the Academic Program Director of AIM’s Master in Entreprene­urship program.
 ?? (PR PHOTO) ?? MSIB ACADEMIC Program Director Matthew Escobido to talk more about the opportunit­ies the AIM Master of Science in Innovation and Business program will give to STEAM graduates.
(PR PHOTO) MSIB ACADEMIC Program Director Matthew Escobido to talk more about the opportunit­ies the AIM Master of Science in Innovation and Business program will give to STEAM graduates.

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