Company boards must take stock of their effectiveness and ability to work as partners to senior management to effectively lead businesses into the future while upholding corporate governance excellence, said Institute of Corporate Directors Malaysia president and CEO Michele Kythe Lim.
“As the national institute of directors for Malaysia, ICDM ensures the facilitation of hard-hitting conversations and engagements on risks and challenges facing companies today and to prepare them to be good partners to senior management, when boards, directors and senior management are aligned, with mutual trust, they can successfully deal with challenges, perform better as a company, respond to greater regulations, cost and complexity in the coming years,” Lim said at a media briefing today...
“Acknowledging the world’s ongoing evolution, technology and climate change have massively disrupted the status quo, and leaders need the foresight to recognise the need for self-development, deliberately direct their learning, that they are informed and knowledgeable, while able to be good partners to senior management,” said Lim.