KUALA LUMPUR, Oct 15 — The Institute of Corporate Directors Malaysia (ICDM) is working at getting corporations to internalise good governance as the hallmark of the country’s corporate boardrooms.

Its chief executive officer, Michele Kythe Lim said when corporations internalised good corporate governance they would easily gain the trust of consumers, employees, as well as the stakeholders.

KUALA LUMPUR, 15 Okt — Institut Pengarah Korporat Malaysia (ICDM) kini dalam usaha menerapkan elemen tadbir urus baik sebagai satu ciri utama ahli lembaga korporat di negara ini.

KUALA LUMPUR, 15 Okt — Permintaan untuk mempunyai lembaga pengarah berkelas dunia dalam pasaran ASEAN dijangka meningkat memandangkan wilayah ini akan terus menjadi peserta utama perdagangan global malah syarikat rantau ini turut berkembang ke pasaran lain.

KUALA LUMPUR, Oct 15 — Demand for world-class boards in the ASEAN markets is set to rise as the region continues to be a major player in global trade and companies here expand into other markets.

KUALA LUMPUR, 15 Okt — Pengerusi dan jawatankuasa ahli lembaga korporat perlu menjalankan penilaian prestasi secara tetap bagi menentukan keberkesanan mereka, kata pakar tadbir urus korporat.

Shai Ganu, pengarah urusan; pemimpin perniagaan ganjaran — Willis Towers Watson Asia Pasifik, berkata penilaian prestasi secara tetap lebih baik dilakukan secara tahunan bagi membolehkan ahli lembaga melihat prestasi syarikat secara kritikal.

KUALA LUMPUR, 15 Okt — Kaedah terbaik untuk mengembalikan kepercayaan dalam sektor korporat dan komersial di Malaysia adalah dengan mengambil tindakan undang-undang yang tegas terhadap mana-mana pelaku kesalahan.

Peguam Negara Tan Sri Tommy Thomas berkata undang-undang Malaysia secara amnya sangat baik tetapi penguatkuasaan perlu ditingkatkan.

Global roles and responsibilities of corporate directors have risen in tandem with higher levels of corporate governance.

Innovation adviser Erik PM Vermeulen believes the secretive,
closed and controlled world of corporations,
which was so effective in delivering economic and
social development, “is now out of
touch with the values of the digital world.”

Business leaders using old business models, outdated organisational structures and strategies won’t cut it in the new world. Digital disruption is no longer news – it has already happened. Boards, as stewards of the organisation, need to quickly adopt the right approach in this new reality.

Change is inevitable and constant, but in the business world, swift market changes can precipitate boom or bust.