Thursday, September 28th, 2006
Ten(10) Initiatives Under GLC Transformation Programme
Append below is the ten(10) initiatives under the GLC Transformation Programme presided over by the Putrajaya Committee for FLC High Performance (PCG).
PCG presently groups the heads of government-linked investment companies comprising EPF, Khazanah, Lembaga Tabung Amanah Tentera, Lembaga Tabung Haji as well as Permodalan Nasional Bhd
LIST OF TEN INITIATIVIES:
|
1 |
Green Book |
Enhancing Board Effectiveness |
To enhance board effectiveness through revamping board practices & processes |
|
2 |
Directors Academy |
Strengthening Directors Capabilities |
To develop a strategy to directors to the right boards and also to establish a director academy. |
|
3 |
Blueprint for GLICs |
Enhancing GLIC Monitoring & Management Functions |
To reinforce the ability of GLICs to monitor and manage individual GLCs |
|
4 |
Programme for Managing Regulatory Environment |
Improving Regulatory Environment |
To enhance regulatory capabilities at GLCs and create a Regulatory Knowledge Network. |
|
5 |
Silver Book |
Achieving Value through Social Responsibility |
To guide GLCs in becoming responsible corporate citizens while creating value for their shareholders and stakeholders |
|
6 |
Red Book |
Reviewing & Revamping Procurement Practices |
To enhance the effectiveness and efficiency of the procurement processes in GLCs |
|
7 |
Purple Book |
Optimizing Capital Management Practices |
To establish guidelines for GLCs to optimize their capital structure |
|
8 |
Orange Book |
Strengthening Talent Management Practices |
To improve GLCs capabilities in attracting, developing and retaining talent through the adoption of best practices |
|
9 |
Blue Book Version 2;
Announcement of Headline KPIs;
Programme on Value Based management |
Intensifying Performance Management Practices |
To encourage adoption of performance management best practices at GLCs |
|
10 |
Programme on the Framework for Continuous Improvement. |
Enhancing Operational Efficiency and Effectiveness |
To enhance operational efficiency and effectiveness through the adoption of a framework for continuous improvement. |
(Source: The Star Malaysia(26/9/06)






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