Berita Yayasan Sabah Vol.19, No.4 (Julai-Ogos 1997)

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BOARD MEMBERS DETERMINE ACHIEVEMENT The achievement of a company's vision and mission depends on the wisdom of its board members. Yayasan Sabah Director, Datuk Musa Haji Aman said they must be capable of identifying opportunities and courageous enough to capitalize on them. He stressed that although board members may not be directly involved in the daily management of the company, the policies formulated by them would nonetheless become the directional compass by which the management will follow. "This is the basic tenet of the roles of the board members," he said at an Inhouse Seminar on the Roles and Responsibilities of Board of Directors, Audit Committee and Internal Audit Department at a leading hotel in Kota Kinabalu on July 30. The seminar was organised by the Manpower Development and Training Unit of the Human Resource and Administration Department. However, he said from his experience what was considered achievable mission often remained unachieved. He noted that in many instances some companies did not even know such discrepancies existed. Even at management level, he said discrepancies between "What should" and "What is" often occur with both management and board accepting such phenomenon as normal.

According to him, missions or objectives formulated were based on systematic analysis of the company's variables. They are, he said, the yardsticks by which the performance of the com-

ment as the policy implementers and the auditors who play the checking role. He hoped that the seminar would enhance the understanding and appreciation of each other's roles thus bringing about the desired results. About 80 participants comprising members of Ya as an Sabah' s Board of Trustees, ICSB and its group of companies Board of Directors and YS/ICSB senior managers attended the one-day seminar.

Three papers, Roles and Responsibilities of Board of Director/Audit Examination; Roles and Responsibilities of the Internal Audit Department; and RelaKulasingham is neede d .... tionship between your wisdom Management and .' his talk. giving the Internal Audit Department were presented by Lynn Kulasingham who has over 35 years of experience in auditing and is a regular trainer for sevpany is measured. He added that witheral professional bodies and organisaout strong justification to the contrary tions. any failure in achieving such missions must logically be seen as not normal A briefing on BAKTI IKHLAS, and therefore something must be done Yayasan Sabah's corporate philosophy to address such problem. was also presented by Corporate Secretary, Haji Safari Manan. He believed that with good and objective feedback, the board would be in a Deputy Chief Minister and Minister of better position to formulate more ef- Resource Development and Enterprise, fective policies for the good of the com- Datuk Seri Panglima Joseph Kurup, pany and everyone concerned. Howwho is also a member ofthe Yayasan ever, he said there is a need to harmoSabah's Board of Trustees, officiated nise the board's roles and responsibilithe opening. ties as the policy maker, the manage-


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