Corporates need to change their mindset to drive innovation

If large corporates want to embrace innovation rather than just pay lip service to it, they will have to look at current procedures and methods of remuneration and make some hard decisions to ensure employees are sufficiently motivated to innovate. Jordan Schlipf, partner of Rainmaking Innovation, says this is because corporate employees are usually hired […]

Light Shines On Mysterious Role Of Board Leaders

By Roger Trapp Chairing a board — even at a large well-known company —is generally a behind-the-scenes role. Only when things go wrong — an environmental disaster, say, or a chief executive failing to deliver a strategy — does the chair of the board generally emerge into the sunlight. And yet, for all that lack of visibility, he or she (although it is […]

These Asian Billionaires Don’t Have Any Women on Their Boards

By Bruce Einhorn Diversity lags in China, Korea, Japan — especially in tech Men often choose ‘their best friends, not the best people’ Even by Asia’s low standards when it comes to having women on corporate boards, the progress of the region’s billionaires is lagging: Most of the richest men in China, Japan and South Korea run […]

Sorry is not a bad word

Malaysian companies need to appreciate the art of the apology By Errol Oh ARE apologies taboo in corporate Malaysia? Or are CEOs and boards incapable of publicly owning up to mistakes or failure to do their jobs well? It’s fair to say that sorry seems to be the hardest word for the men and women […]

Gaming the system

CREATIVE circumvention has now become easier than ever, despite both rules and codes that have been updated to reflect the latest developments in good corporate practices. The Malaysian Code of Corporate Governance was updated in April 2017 while the Companies Act 2016 came into force on Jan 1, 2017 as regulators attempt to upgrade existing […]

The name-and-shame game

Will singling out listed companies with all-male boards start a trend? IF A company isn’t bothered about its reputation, it’s safe to assume that the company isn’t meant to be around for long. Most businesses care about what others think of them. That’s because they deal all the time with customers, lenders, suppliers, employees, investors, […]

Director’s Conflict of Interests

by Premkumar Ramanathan Fiduciary obligation of directors is always to act in the best interest of the company that they serve. It is no doubt that directors should act in good faith by putting the interests of the company that they serve ahead of their own; exercise their business judgement rule and observe the duty of […]