AN OPEN LETTER
14 February 2005
Dear House of Investments Inc. and MIT Stockholders, Trustees and School Administrators:
This is to inform you that thousands of MIT Community members here and abroad have been shocked and saddened by your swift decision and action to terminate the corporate life of our beloved Alma Mater and to make her as an ordinary subsidiary institution or service unit (profit center) of your Malayan Colleges and Malayan University – To – Be.
We are not corporate lawyers and Ph.D. degree holders but we do understand what you said or what you are trying to convey in your written communications published last week. We are not also marketing experts but we know the basic principles of business. No market, no business. To avoid closing shop, never antagonize your customers.
By terminating the corporate life of the corporation (Mapua Institute of Technology, Inc.) and changing its name to Malayan Colleges, Inc., you legally uproot the existence of the MIT as a duly organized and existing corporation under the laws of the Philippines . By your action, it has now become a just property and not the corporate owner of the school named after its founder. Now it is clear to many of us that you bought MIT from the Mapua and Lim families in order to liquidate her precious assets namely: corporate name, trade name, glorious goodwill, physical assets, etc. It seems that your intention is neither to advance the cause of quality education nor to promote further the goals and aspirations of this great institution but rather to kill her and transfer her assets to your own corporate baby (MC).
If you were an alumnus of either MIT or UP, what will you feel and how will you react if one day a certain billionaire named Renato Puruntong and his agents may come and offer to buy your Alma Mater and eventually change her corporate name to Makupad Institute of Technology or University of Puruntong, Inc. once acquired by them? What will you do if your existing culture and tradition would be destroyed and be replaced by the new rules?
Please be informed that we are not agreeable with your course of action. Yes, you are now the owners of the corporation and the school but there must be prudence and limit to everything. Corporate powers, rights and management prerogative must be used or exercised wisely and properly.
From the very beginning, we were not so sure of your real intention in acquiring MIT because the President and CEO you installed has a track record of being a good corporate terminator. He was the MWSS privatization and liquidation chief Implementor. And now, he is about to accomplish his mission of killing a great institution (a great legacy of a great Filipino, National Artist and First Filipino Architect) and hopefully if successful he would be claiming his great financial rewards from his masters.
Ladies and gentlemen, the aforesaid mission of your group will not prosper, nor it will be accomplished by your Super Agent (Dr. Vea) at the Mapua Institute of Technology because of the several thousands of Mapuans, their families, friends, associates, employees, and province mates or town mates will not allow it to happen. They know that the best assets and legacies that they can give to their children who are studying at MIT too are – GOOD EDUCATION AND GOOD NAME. Many Mapuans became successful in their careers, professional and personal lives because of those two assets that their parents had given and worked hard to provide. Like Prof. Fe A. Noche, these loyal Mapuans have been so grateful to Don Tomas Mapua for establishing MIT (for the Filipino Youth of yesterday, today and tomorrow especially for the working students who want to become engineers or architects too).
In behalf of the many concerned alumni and members of the Mapua Academic Community here and abroad, the leaders and convenorrs of the Multicourse Alliance of Concerned Alumni of Mapua Institute of Technology (MACAMIT), do hereby ask or seek that the following concerns, demands, and courses of action should be addressed at, granted or acted upon immediately in order to avert academic unrest and a socio-economic upheaval which may escalate to a larger scale:
• Restore the MIT Corporate Status because the 80 years of priceless labor, sacrifice, efforts, time and resources utilized by thousands of Mapuans to build a great institution can never be replaced.
• Preserve the MIT Corporate Name forever because many of our young countrymen want to follow the foot steps of successful Mapuans.
• Restore the Semestral System (Quarter Term System has more disadvantages and bad effects than benefits to the students, parents, alumni and faculty members. Its prime advantage is just GIVING MORE INCOME & PROFITS to the new owners and their agents (executives).
• Improve the applicant screening system; restore the student retention policy and dismissal system.
• Replace the officers who are responsible for the formulation and implementation of Anti-Mapua or Anti-MIT policies and programs.
• Implement the Stock Option Plan or Shares of Stock Acquisition Program for faculty members, staff personnel and alumni;
• Appoint school deans and administrators who have management education, experience, education and proven expertise – not just Ph.D. or MS degree holders (CHED officials will agree with this proposal).
• Resolve all the existing cases vs. MIT, Inc. concerning claims for salary increases, bonuses, and other benefits.
• Stop the practice of contractualization in hiring faculty members and restore the security of tenure concept.
• Improve Industrial Relations (Management-FAMIT & MITLU Relations) because good relations can produce better results.
• Install one seat each for the representatives of alumni and faculty members at the Board of Trustees.
• Restore the Semestral Lump Sum Bonus System (1 ½ month-salary at the end of each semester) – The present system promotes dishonesty and inefficiency among faculty members, In order to get higher performance rating, many faculty members are busy and more concerned in doing things which are not related to teaching. These are being done by them primarily to acquire more academic points rather than dong their best and focusing their thoughts, energies and time to teach their students – their primary clients.
Lastly , we look forward and pray to the Almighty God to touch everyone's heart so that everybody will make a reflection and revisit the following rules and principles:
• Do not do unto others what you don't want to be done unto you. (Remember the Golden Rule)
• The root of all evil is love for money. (Remember Judas Iscariot)
• In every action there is always an equal and opposite reaction. (Remember Isaac Newton and The Echo Story)
• What you sow you reap. (Remember Lord Jesus Christ Teachings and the Principles of Karma & Boomerang)
• Money can buy many things but IT CAN NOT BUY EVERYTHING. (Remember your past experiences)
Let us all love one another. Let us promote peace, prosperity, excellence, decency and cooperation – not destruction and disunity for the sake of making more profits!
God bless you all and more power to Mapua Institute of Technology and House of Investments. Viva Mapua!, Long Live MIT!
Very truly yours,
CONVENORS OF THE MULTICOURSE ALLIANCE OF CONCERNED ALUMNI OF MAPUA INSTITUTE OF TECHNOLOGY
CARLOS DELOS SANTOS
Spokesman
http://mapua.coretechnique.com/ |