Arthur Lok Jack announces new strategic plan; 'more lean workforce'
The UWI-Arthur Lok Jack Global School of Business (Lok Jack GSB) has announced a new strategic plan which involves a 'more lean workforce' as a result of the COVID-19 pandemic.
The school said in a statement Monday that Chair of the Board of Directors, Professor Brian Copeland, announced that on June 30, 2020, the Board had approved a new Strategic Plan and Structure for the school.
The statement said: 'The change in strategy and structure, according to Professor Copeland, is based on the need for immediate actions to ensure the School is not only prepared for the challenges and requirements of the new normal post-COVID-19 but also to be self-sustaining in the short-term.'
'While the School has experienced financial challenges as a result of significant changes within the tertiary education sector, and was in a process of a gradual reorganisation of its operations over the last two years, this approach was no longer practical because of the adverse effect of the COVID-19 pandemic.'
David Dulal-Whiteway, Chief Executive Director, stated that he is satisfied with the new Plan which 'can withstand scrutiny from our bankers, benefactors and donors.'
The school said there has been a 'major consolidation and rationalisation of programmes and services in response to market needs and as such the new Structure will require a more lean workforce'.
The statement added that Shafeek Sultan-Khan, Lawyer and Industrial Relations Consultant, was engaged by the School to develop a proper separation plan to ensure that those leaving are treated fairly.
Sultan-Khan, who also addressed the staff, outlined the principles, processes and legislation that guided the separation process.
The school said: 'The Lok Jack GSB is confident that with this new Plan, it will continue to play a critical role in providing leaders in our communities with the tools to face the challenges of our societies.'