Al-Madinah International University

Strategies

Short-Term Plan: 2009

OBJECTIVES

STRATEGIES

To continue to grow and diversify our revenue streams.

We shall:

- Develop and implement the MEDIU Income Generation Plan for effective revenue generations from diverse means and sources i.e. scholarships, sponsorship, open donations, Investments, partnership, aids and etc.

- Conduct further research and seek consultancy advise on commercial investment opportunities which generate a good investment returns.

- Ensure existing and potential donors & volunteers are well aware of MEDIU’s plan and activities by developing a system for effective communication.

- Establish charitable endowment fund bonds for university students.

- Develop MEDU’s Institutional strategic investment & endowment guidelines.

To provide effective local delivery with International learning delivery standards by setting up Regional Centres (RC), Learning Centres (LC), Collaborative Centres (CC), and Service Centres (SC).

- Commit to the execution and realisation of the annual business plan and the University’s overall Strategic Plan.

- Identify strategic Centre locations which must be driven by adequate infrastructure and good market potential.

- Seek the necessary consent from the local authorities and comply with the legal requirements and boundaries.

- Appoint competent and able partners with adequate and capable human resources.

- Establish good teamwork from the various departments in HQ to ensure sufficient support is rendered.

- Conduct partners and staff performance evaluation and management.

To identify and foster strategic partnerships with local partners in delivering MEDIU’s academic programmes.

We shall:

- Create local and International contact lists inclusive of partners’ data.

- Define and streamline distinct roles and responsibilities for each department in Partners engagement and management.

- Appoint only competent and able partners possessing expertise in the education industry with adequate and capable human resources.

- Seek the necessary approvals from the local authorities and comply with the legal requirements and boundaries.

- Establish effective Management Services agreements or Partnership agreements for undivided commitment from partners.


Mid-Term Plan: 2010 – 2012

OBJECTIVES

STRATEGIES

Play a constructive role in the development of MEDIU’s Campus & the maximization of MEDIU’s General Revenue.

We shall:

- Ensure an increase in annual funds collection in balancing the needs of both current and future expenses.

- Seek additional resources to maximize the generation of fund/income from positive investment & endowment opportunities in order to support the construction of MEDIU’s campus in Cyberjaya.

- Activate the role of Investment Trust with Al-Madina Foundation (MIF).

- Review and evaluate MEDIU’s portfolio of investment & endowment programmes to assure that MEDIU has the correct mix of programmes necessary to accomplish its Mission.

- Seek to establish permanent sources of financial aid from renowned institutions (i.e. Islamic Development Bank (IDB), etc).

- Develop a permanent Waqaf Fund for each Endowment Project at MEDIU.

- Identify Endowment Fund investment opportunities to finance the University’s activities.

- Develop a comprehensive plan to establish MEDIU’s Campus, and define the role of endowment in that.

To continue providing effective learning delivery with International learning standards by setting up Regional Centres (RC), Learning Centres (LC), Collaborative Centres (CC), and Service Centres (SC).

We shall:

- Commit to the execution and realisation of the annual business plan and the University’s overall Strategic Plan.

- Develop and review the Standard Operating Procedures (SOPs) to ensure their adequacy.

- Conduct a requirement study, develop and commission Integrated Systems for the administration of Partners and Centres.

To identify and foster strategic partnership in delivering MEDIU’s Academic programmes.

We shall:

- Establish effective Partners Management System inclusive of partners’ qualifications and systems for evaluation.

- Inform and update any changes with the local authorities and comply with the legal requirements and boundaries.

- Review or re-negotiate the Management Services agreements or Partnership agreements if necessary.


Long-Term Plan: 2013-2015

OBJECTIVES

STRATEGIES

The University to be the first choice for all Muslim students around the world.

We shall:

- Enhance MEDU’s financial ability to be self-reliance to finance its operations.

- Analyzes the technical, programs, and institutional investment options available to the university to ensure cost effectiveness, quality, performance, and strategic alignment in tandem with MEDIU’s strategy.

- Ensure that budget formulation and execution is consistent with the MEDIU’s strategic investment decisions.

To continue providing effective learning delivery according to International standards.

We shall:

- Review the annual business and the overall strategic plan.

- Revisit and re-identify strategic Centre locations which must be driven by the relevant set criteria.

- Conduct post implementation review on the Integrated Systems for Partners and Centres administration.

- Obtain ISO certification for other key RCs and LCs.