Outrepreneurs describes business owners seeking to leave their businesses. Outreprenuers is not the opposite of Entrepreneurs, rather it is an evolution of the capitalist concept of business ownership and succession. An entrepreneur is a person who has possession over a new enterprise or venture and assumes full accountability for the inherent risks and the outcome. Entrepreneurs are often considered as personality types focused on building and running businesses. Particularly in smaller single ownership businesses the Entrepreneur is concerned about building, not selling or divesting. As business owners age or change priorities their focus can change from building their business to exiting their business. Outrepreneurs seek to crystalize the full dollar value inherent in their Entrepreneulial activities by removing their ongoing personal accountability and risks of that capital. In short they sell their business. However 100% selling of a business is not typical. On a more practical level, Outreprenuers can often increase the value of their business if they continue to hold a minority ownership in the business and act as an ongoing consultant. As the new management becomes successful the Outreprenuer is able to then fully exit. If the new management somehow fails to reach successful targets then the Outrepreneur also fails to realize additional capital from the initial sale. This is colloquially referred to as "keeping some skin in the game" and it increases value in the business as it raises the "transferability quotient". In short, the higher the "transferability quotient" of a business, which means the easier a new owner can assume full understanding and control over that business, the lower the risk for the new owner and the higher the dollar amount that business can command on the open market. The term Outrepreneurs is believed to be coined by Canadian Patrick O'Shaughnessy. Outrepreuners has quickly gained popularity as it labels an increasingly growing group of aging Entrepreneurs who are on course to exit their existing enterprises.
This articles is about Arumugam Pillai Industrial Training Institute or Institut Latihan Perindustrian Arumugam Pillai.
what is APITI
APITI is an acronym for Arumugam Pillai Industrial Training Institute in Malaysia. It is under the aegis of the Manpower Department, Ministry of Human Resources (Malaysia) and has been operational since 2004.
The institute offer courses in Printing Technology, Computer Networking, Multimedia Production and Electrical.
This Industrial Training Institute is one of the training institute under the Manpower Department that had been planned under the 8th Malaysian Plan. It’s a step towards providing skilled training in areas suitable to the needs of local industries. The Institute is built on a 15 acre site at Lot 549, Mukim 7, Jalan Bukit Panchor, Nibong Tebal, Seberang Perai Selatan, Pulau Pinang. The site was donated by the late N.T.S. Arumugam Pillai.
Ground-Breaking Ceremony was officiated by YB Dato’ Seri S.Samy Vellu together with YB Dato’ (now, Tan Sri) Lim Ah Lek on 24 November 1999. YB Dato’ Fong Chan Onn laid the Foundation Stone on 15 April 2003
Total cost for the infrastructure of the institute is RM68,500,000.00 and the equipment cost RM88,700,000.00, fully operational on 02 July 2004 and the first student intake of 61 student. In 2006, the workshop equipment for courses except Computer Technology was fully supplied. Installation and Commissioning for printing and electrical equipments began in February 2006 till December 2006. Trainers were also given Internal Training.
its Motto
* 2005/2006 - now or never
* 2007 - only possible @ APITI
* 2008 - do the impossible
what it Believe
With it first and current Director, Ir Halim Azhar Hj Mohd Yatim, the first intake was for Computer Networking Technology (session 1/2006). This is a challenge to start an Institute. Not only has it to ensure ensconce training management but also manage its finance and asset systematically. The institute believes skill training has to be seen as the pulse of the nation’s economy whilst accepting the fact for the need of competent manpower and the ability to compete globally. Training on the job is not sufficient, training needs to move towards specific skills and realistic attitude at work and community. They should be train to function dynamically and globally. In this aspect, the Institute must shift from traditional methods of training to innovative training. Learning environment has to be flexible as a rigid system will weaken the training process. The success of the Institute depends on the graduates willingness to compete creatively at the international level with the inputs and exposure given during training. Human capital that will be developed has to be on par with the needs of the global industry.
its Courses
APITI is an Accredited Center under Malaysian Department of Skill Development and all the courses offered are inline with National Occupational Skills Standards (NOSS). NOSS is a document that stipulates the required competency level expected of a skilled employee who is employed in Malaysia in a specific trade; it also defines the level of employment and the path required to achieve the stated competency level.
*Information Technology Department
**Multimedia Interactive Certificate (Level 2 and 3)
**Networking System Certificate (Level 2, 3, 4 and 5)
*Mechanical & Production Department
**Lithographic Printing Certificate (Level 1 and 2)
**Pre-Press Certificate (Level 1 and 2)
**Graphic Design Certificate (Level 1 and 2)
*Electrical & Electronic Department
**Wireman Certificate (PW2 - Energy Comission)
Partnership Programs
In addition, APITI also offers advanced courses partnering with a multinational education entities.
*NIIT
**APITI-NIIT Advanced Certificate (Computer Networking)
*Limkokwing University Of Creative Technology
**APITI-LKW Advanced Certificate (Multimedia Animation)
**APITI-LKW Advanced Certificate (Graphic)
* Color Process Partner (CPP)
**Teaching Factory in Printing
*Heidelberg/Print Media Academy
**Short Modular Courses (Print Technology)
*Percetakan Nasional Malaysia Berhad
**Corporate Dual Training (Printing)
*Just Normlicht
**Short Modular Courses (Print Color Management)
list of Directors
* 2004 - present - Ir Halim Azhar Hj Mohd Yatim, PKT P.Eng
Further reading
* Education Summit in New York
* Maiden Voyage
* from the file of Dato' Dr Denison Jayasooria
* NIIT Inside
what is APITI
APITI is an acronym for Arumugam Pillai Industrial Training Institute in Malaysia. It is under the aegis of the Manpower Department, Ministry of Human Resources (Malaysia) and has been operational since 2004.
The institute offer courses in Printing Technology, Computer Networking, Multimedia Production and Electrical.
This Industrial Training Institute is one of the training institute under the Manpower Department that had been planned under the 8th Malaysian Plan. It’s a step towards providing skilled training in areas suitable to the needs of local industries. The Institute is built on a 15 acre site at Lot 549, Mukim 7, Jalan Bukit Panchor, Nibong Tebal, Seberang Perai Selatan, Pulau Pinang. The site was donated by the late N.T.S. Arumugam Pillai.
Ground-Breaking Ceremony was officiated by YB Dato’ Seri S.Samy Vellu together with YB Dato’ (now, Tan Sri) Lim Ah Lek on 24 November 1999. YB Dato’ Fong Chan Onn laid the Foundation Stone on 15 April 2003
Total cost for the infrastructure of the institute is RM68,500,000.00 and the equipment cost RM88,700,000.00, fully operational on 02 July 2004 and the first student intake of 61 student. In 2006, the workshop equipment for courses except Computer Technology was fully supplied. Installation and Commissioning for printing and electrical equipments began in February 2006 till December 2006. Trainers were also given Internal Training.
its Motto
* 2005/2006 - now or never
* 2007 - only possible @ APITI
* 2008 - do the impossible
what it Believe
With it first and current Director, Ir Halim Azhar Hj Mohd Yatim, the first intake was for Computer Networking Technology (session 1/2006). This is a challenge to start an Institute. Not only has it to ensure ensconce training management but also manage its finance and asset systematically. The institute believes skill training has to be seen as the pulse of the nation’s economy whilst accepting the fact for the need of competent manpower and the ability to compete globally. Training on the job is not sufficient, training needs to move towards specific skills and realistic attitude at work and community. They should be train to function dynamically and globally. In this aspect, the Institute must shift from traditional methods of training to innovative training. Learning environment has to be flexible as a rigid system will weaken the training process. The success of the Institute depends on the graduates willingness to compete creatively at the international level with the inputs and exposure given during training. Human capital that will be developed has to be on par with the needs of the global industry.
its Courses
APITI is an Accredited Center under Malaysian Department of Skill Development and all the courses offered are inline with National Occupational Skills Standards (NOSS). NOSS is a document that stipulates the required competency level expected of a skilled employee who is employed in Malaysia in a specific trade; it also defines the level of employment and the path required to achieve the stated competency level.
*Information Technology Department
**Multimedia Interactive Certificate (Level 2 and 3)
**Networking System Certificate (Level 2, 3, 4 and 5)
*Mechanical & Production Department
**Lithographic Printing Certificate (Level 1 and 2)
**Pre-Press Certificate (Level 1 and 2)
**Graphic Design Certificate (Level 1 and 2)
*Electrical & Electronic Department
**Wireman Certificate (PW2 - Energy Comission)
Partnership Programs
In addition, APITI also offers advanced courses partnering with a multinational education entities.
*NIIT
**APITI-NIIT Advanced Certificate (Computer Networking)
*Limkokwing University Of Creative Technology
**APITI-LKW Advanced Certificate (Multimedia Animation)
**APITI-LKW Advanced Certificate (Graphic)
* Color Process Partner (CPP)
**Teaching Factory in Printing
*Heidelberg/Print Media Academy
**Short Modular Courses (Print Technology)
*Percetakan Nasional Malaysia Berhad
**Corporate Dual Training (Printing)
*Just Normlicht
**Short Modular Courses (Print Color Management)
list of Directors
* 2004 - present - Ir Halim Azhar Hj Mohd Yatim, PKT P.Eng
Further reading
* Education Summit in New York
* Maiden Voyage
* from the file of Dato' Dr Denison Jayasooria
* NIIT Inside
Squirrel Horn or Squirrel confectionery is a British manufacturer of candy products, Squirrel Horn is famous for its well-selling brand of floral gums. The company also produces cherry lips.
History
Squirrel Horn was founded some time around the early 20th century. The company has always been well-known for its various famous products, including - Squirrel Horn toffees, Squirrel Horn Dolly mixtures and Squirrel Horn floral gums. Today, The only products produced by the company are floral gums and cherry lips.
Floral Gums
Floral gums are a small, hard candy gum. Suggested by its name, they are floral (flower) flavoured. Floral gums are often described as 'small, hard to chew, gummy and lightly flower scented'. The gums come in a range of colours, including - red, orange, yellow, clear, green and purple.
*Floral gum Ingredients:
Gelling Agent: (Modified Potato Starch), Glucose Syrup, Gelling Agent: Gelatine; Lactic Acid, Flavourings, Colours: E104, E110, E129, E133, E142, Glazing Agents: Vegetable Oil, Beeswax.
History
Squirrel Horn was founded some time around the early 20th century. The company has always been well-known for its various famous products, including - Squirrel Horn toffees, Squirrel Horn Dolly mixtures and Squirrel Horn floral gums. Today, The only products produced by the company are floral gums and cherry lips.
Floral Gums
Floral gums are a small, hard candy gum. Suggested by its name, they are floral (flower) flavoured. Floral gums are often described as 'small, hard to chew, gummy and lightly flower scented'. The gums come in a range of colours, including - red, orange, yellow, clear, green and purple.
*Floral gum Ingredients:
Gelling Agent: (Modified Potato Starch), Glucose Syrup, Gelling Agent: Gelatine; Lactic Acid, Flavourings, Colours: E104, E110, E129, E133, E142, Glazing Agents: Vegetable Oil, Beeswax.
Cliff Numark is current Director of the Southern California chapter of the Red Cross. He is also currently a candidate for the Torrance, California City Council. The election is June 3, 2008.
Education
Cliff received his bachelor's degree from Pomona College, a Master's from the University of Sussex, another from the Woodrow Wilson School at Princeton University, and a Juris Doctor from UC Berkeley.
Community Experience
Cliff has served on numerous community boards and commissions.
2008 CIty Council Campaign
Cliff was endorsed officially by congresswoman Jane Harman, the Torrance Police and Fire associations, and Assemblyman Ted Lieu.
Personal Life
Cliff is married and lives in Torrance.
Education
Cliff received his bachelor's degree from Pomona College, a Master's from the University of Sussex, another from the Woodrow Wilson School at Princeton University, and a Juris Doctor from UC Berkeley.
Community Experience
Cliff has served on numerous community boards and commissions.
2008 CIty Council Campaign
Cliff was endorsed officially by congresswoman Jane Harman, the Torrance Police and Fire associations, and Assemblyman Ted Lieu.
Personal Life
Cliff is married and lives in Torrance.