Tuesday, July 26, 2011

Women should be 'board' ready or bored already?

When I was watching the news and our DPM was speaking about training women to be 'board' ready, I could not help thinking, 'Not another compulsory training course for Directors, but this time, for women only.'

I believe if there is one reason why there are so few woman directors in public listed companies, then it is certainly not because of lack of calibre. There must be so many plausible reasons we can think of, like traditional bias, women having to look after families or at least having to prioritise for this, and so on. For those who are working and in senior management positions, they are already well qualified and experienced to become company directors. Why the need to train to become company directors? Maybe our DPM's politician mentality is such that he was thinking in terms of appointing some Wanita Umno leaders to become company directors. If that is the case, then not only they have to be trained about the role, responsibilities and ethics of being company directors, but the fiduciary duties of looking after company interests and shareholders' interests first and not personal interests.
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