SIM Teow Hong - Mediacast | Singapore Management University

01:11

First Involvement

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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In the case for SMU at that time, it was really a start-up. The planning team in SMU was still negotiating with MOE [Ministry of Education] on the start-up funding just…

02:12

Interviewee Background

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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I spent a big part in the 80s and up to the mid-90s, with the same bank for twenty years and being the Chief Financial Officer. So, in that role, there is the helping…

02:34

Roles And Responsibilities

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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Everything from system to money, these two were the major things. They were running the books on a spread sheet, and we were recruiting people. The payroll was building…

02:01

Differences Between Uni And Private

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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Whether you are a business or you are a not-for-profit business, the only way to sustain it is financial resources. Without financial resources, you can't do…

03:25

Tuition Fee Increase

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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First, was to help management and the board decide how should we manage tuition fee. When we look at the long-term financial need of the university, we only recognise…

02:37

Founding Of Third University

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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We want to be a world-class research university. We want to be distinguished in our education. So those are very broad. But at which level do we want to be benchmarking…

04:10

Getting Started

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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But when I created the accounting system and the planning system, at the back of my mind was to make it such that it helps us understand the business dynamics of SMU,…

01:36

Strategies - SIM Teow Hong

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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The first challenge is ourselves. How do we convince our own stakeholders, the schools and all that, to first embrace a common strategy and for them to articulate their…

02:22

Managing Endowment

From Ms CHANG Ching Chen _ on 10-May-2016, 15:44 +08

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Universities are not-for-profit and for public service and also subsidised so, like I say, you need various sources of funding to come in. Tuition fee, government…

02:39

Advice For Students - SIM Teow Hong

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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When I look at our students and our graduates, what concerns me is many of them are focused on, I guess primarily, career and money. But to me, life is more than that.…

01:59

Moving Forward

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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Personally, has been a wonderful, learning journey. But also, it's a place where, if I look back, I have basically through my whole career, I have gone through…

01:55

Challenges

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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Yes, in the sense if you look back, it is easier to be a growing up kid. Now, you are a teenager. From my perspective, challenges of course, financial, because we are…

03:25

Personal Impact

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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My daughter was the first child of a staff to enrol in the school and it was in its third year. From what I heard and saw in the first one, two years, I say the system…

02:42

CFO Changing Role

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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I guess the role of CFO has changed, not just for university but in general. Primarily also because of the changes in the marketplace. Traditionally, many CFOs are very…

00:59

Risk Management

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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So the reputational risk of a university is important. Therefore, from a CFO's perspective, it's to make sure that any new thing that we embark on whether it…

02:43

Significant Milestones

From Ms CHANG Ching Chen _ on 10-May-2016, 14:58 +08

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Yes, when we first started, of course, we had nothing and we only have an aspiration to teach in a certain way and hope to produce students that the marketplace wants.…

Oral History / … / SIM Teow Hong

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