Proper appraisal of members is another area to look into, says minister
corporate governance demands have made these challenging times for directors, as was made clear at a conference yesterday.
Directors have to confront any number of issues, but two were highlighted by Minister of State for Transport and Finance Lim Hwee Hua - whether the right person has been picked for the board in the first place and how their performances can be judged.
Mrs Lim told a directors' conference yesterday that these 'two areas of board effectiveness' have not attracted enough focus.
Diversity of skills among directors 'provides companies with a varied mix of skill sets to deal with increasingly complex business situations', said Mrs Lim. But many
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