Practice
4 Ensure Effective CEO and People Management
Board
of Directors has realized that personnel to hold position of executives (every
level) such as Chief Executive Officer, Managing Director of subsidiaries and
Deputy to Managing Director which an important management position and is part
of company’s goals therefore Board of Directors roles is to overseeing that
recruitment of such persons must be appropriate and transparent by considering
on knowledges, abilities, skills and experiences to set up structure of
compensation with appropriate and supervision to manage and develop personnel
in accordance with direction and strategy of company
1. A succession plan of top management
Board of Directors
realize a succession at executive level especially leadership of organization
such as Chief Executive Officer, Managing Director of subsidiaries with
objective on making confidence for investor, organization through employees that
the company's operations will be carried on in a timely manner
1. Define the explanation of word
“Top Management” which relevant to organization’s goals and strategy
including specific qualification, knowledge and required skills
2. Selection of second level from
top management with vision, knowledge and ability
3. Analyze qualification individually in order to find strength and other thing need to be improved
Board of Directors has meeting with
executives, top management, secondary top management (succession plan) together
with executive chairman by monthly - Meeting of the performance of the company
and subsidiaries as part of supporting the succession plan
By this, executives has continuous
monitor and evaluate on performance of individual who will be promoted to hold
the position of executives thus to be consider and propose to Board of Director
meeting for approval
2. A succession plan of supervisor of each department
1. Provide development on secondary
executives in term of vision, knowledge and ability to support chief
executive and commandant respectively.
2. Provide training in term of enhance
academic knowledge and learn in real work Situation
3. Provide secondary executives to be
corporate and work with Chief Executive
4. Set secondary executives which can
descendant and set properly on positions
5. Prepare personnel with unique capabilities
and gain more comprehensive management
6. Middle executives to have chance in
management in lines.
7. Provide training of each line
systematically
8. Provide training to Chief Executive, Middle executives to be responsible on their task with honest to organization and overview of organization in order to become next level of
executives.
The company has schedule meeting every month by
Executives, Top Management and Secondary Top Management (succession plan)
together with Executive Chairman which is operating results of subsidiaries
thus includes shareholders meeting to set organization objective. In addition,
create a sense of participation and build awareness in working process and as
part of succession plans.
3. Orientation for New Director
In case there are new directors; the
company has set specified guidelines for preparing the duties of the directors
so that directors can take the position immediately with company secretary
acting as a coordinator in the following areas;
1. With
the company secretary acting as a coordinator in the following areas such as Article of Association,
objective and structure of company, Corporate Governance Policy Guide, Anti-Corruption
Policy and Code of Conduct
2. Arrange
meeting with Chairman, Board of Directors, Subcommittee and Management of company to acknowledge
information related business operation
By this, year 2020 no orientation
for new director due to no appointment of director
