INTEGRATED ANNUAL REPORT 2024 96 97 SECTION 7: BUSINESS REVIEW www.miscgroup.com MISC BERHAD Awards and Recognitions 2024 National Education & Learning Summit • Received the Asian Education Excellence Award by the National Association of Private Educational Institutions (NAPEI) Malaysian Society for Occupational Safety and Health (MSOSH) • Received the Gold Class 1 Award under the Educational Sectors Milestones ISO Certification • Attained ISO 37001:2016 Anti-Bribery Management Systems (ABMS) Maritime Education & Training Malaysia Productivity Corporation (MPC) • Recognised as a Strategic Partner NAVIGATING THE CHALLENGES IN 2024 Challenges Mitigation Action Results Student Enrolment International Recruitment Programmes • Expanded international marketing and outreach programmes to increase enrolment • Successfully executed engagement programmes, leading to the enrolment of 19 international students Talent Development Succession Planning • Developed and implemented a succession planning mechanism based on industry best practices • Improved ALAM’s ability to attract, develop and retain talent Employee Development Scheme • Established a programme to empower employees’ development through obtaining higher certification • Two ALAM academicians earned PhDs, bolstering the academy’s expertise Rapid Development in Decarbonisation Technologies Studies and Research • Maintained strong industry-academia partnerships to stay updated on industry trends and technology • Developed new programmes and syllabi to equip students with knowledge on the latest developments in decarbonisation technologies MOVING FORWARD • On track to achieve University College status • Build a strong and recognisable brand, positioning ourselves as a formidable institution in the maritime education sector • Develop top-tier maritime professionals to meet the future demands of the maritime industry • Implement and incorporate new technologies to improve the teaching and learning methodology • Improve operational efficiency to boost financial sustainability
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