CHALLENGES IN THE OPERATION OF IGPS IN SELECTED SUCS IN VISAYAS: BASIS FOR MEDIUM TERM DEVELOPMENT PLAN
Income generation activities have been acquainted among state universities and colleges SUCs in the country. Various factors that brought to insufficient funding caused SUCs to seek in augmenting its income adopting different mechanisms of the income generating projects in state universities and colleges managed by faculty and employees. This research employed quantitative and qualitative method as a medium to provide insights to the researcher, while anchoring on Mohammeds (2017) framework on financial performance on income generating units. The study analyzes the challenges in the operation through resource allocation; internal control, management capacity, work culture and finally the challenges in the management and generation of funds of these income generating projects. The findings of the study revealed that a medium term development plan aside from the manual of operations that will serve as the guide of the IGP implementation must be prepared. Based from the findings, the study recommends, ideal strategies which could improve the operation of income generation activities through the use of idle university facilities, embrace advanced technology and expertise to generate more funds.