Bulletin Autumn‧Winter 1990

• What are the other objectives of the APIB • As 1997 is getting nearer and nearer, more and more seasoned middle and senior members of management are leaving the territory. In response to this brain-drain phenomenon, the APIB will promote and organize management development programmes jointly wit h the Faculty of Business Administration to train managers for different business operations. These programmes will be of high quality with strong local relevance. The ability to custom-tailor the programmes to meet the employers' needs is the competitive edge of the APIB. This feature also distinguishes the management development programmes from our more traditional degree programmes. In addition, the APIB will coordinate and conduct research on major business issues an d problems confronting the Asia-Pacifi c region. We will tap the resources of our faculty and provide consultation services geared towards the special requirements of our business clients. We expect that these services will clearly demonstrate the potential of APIB to contribute to a prosperous futur e for Hong Kong beyond 1997. • What is the organizational structure of the APIB? • We try to make the organizational structure as simple and uncomplicated as possible in order to make the communication flow more efficient and effective. APIB relies heavily on the expertise of the Business Administration Faculty. It is governed by a management board headed by Prof. K. C. Mun, who is also dean of the Faculty of Business Administration. The board is responsible for the formulation of institute policies and setting the directions of development. An advisory council composed of senior members from the local business community, government leaders, and international scholars will be formed to advise on the future development of APIB. The executive director is responsible for the operation of the institute and reports to the management board. The director of management development and the director of research development assist him in conducting management developmen t programmes and the coordination of research work. From time to time, prominent overseas scholars wil l be invited to visit the APIB and conduct seminars or research activities. Organization Chart APIB Asia-Pacific Institute of Business Advisory Council Management Board Executive Director Visiting Scholars Director of Management Development Director of Research Development Research Centres Management Development Programmes Asia-Pacific institute of Business 12 -