Mahaleel Fired From APprentice !!
Just when everyone thought the Proton-AP saga has ended along with the closing of UMNO General Assembly last week, Proton announced yesterday that they have decided against renewing Tengku Mahaleel's contract as CEO of Proton Holdings Bhd.
In the words of Donald Trump, "YOU ARE FIRED !!"
With one TM down, the other TM (Mahathir) must be left wondering whether he should back off and retire for good as well. Or is he? I suspect a deal must have been strucked between the ex-PM with the current administration: release the AP list, and I sacrifice the CEO.
Is too bad that professional like Tengku Mahaleel has been sacrificed in a political tussle between an ex-PM and a current minister. However, Tengku Mahaleel should have seen this coming when he started to get his hands dirty in Malaysia's politics. He should have concentrated his efforts and skills in managing the pet project of Mahathir instead.
I am sure other CEOs and management of various GLC are very well made aware now that their current positions are not written in stone, but lies in the hands of a bunch of dirty and corrupt politicians. Come to think of it, majority of them do not deserved to be there in the first place since they did not worked to earn it. Most of them are there because of their skills in "knowing-who" instead of "knowing-how".
I am quite disappointed with the state of corporate management in various GLCs in the country. Although the current administration is trying to revamp all the GLCs by putting in place competent professionals to run them, however, the whole exercise is still being carried out well within the confinement of a particular race in the country. Well, I guess they just aren't ready to face up to real competition with other races, not to mention foreigners.
In view of the next dateline of NEP in 15 years, I certainly hope those young professionals put in place will be able to carry out their jobs in a competent way and not indulge in politics everyday. Otherwise, all hope is lost as the current administration is depending on these people to carry their race up to a level playing field with the rest of the world.
Poor Mahaleel... but hey... he started the whole fiasco in the first place!
Other interesting reads:
In the words of Donald Trump, "YOU ARE FIRED !!"
With one TM down, the other TM (Mahathir) must be left wondering whether he should back off and retire for good as well. Or is he? I suspect a deal must have been strucked between the ex-PM with the current administration: release the AP list, and I sacrifice the CEO.
Is too bad that professional like Tengku Mahaleel has been sacrificed in a political tussle between an ex-PM and a current minister. However, Tengku Mahaleel should have seen this coming when he started to get his hands dirty in Malaysia's politics. He should have concentrated his efforts and skills in managing the pet project of Mahathir instead.
I am sure other CEOs and management of various GLC are very well made aware now that their current positions are not written in stone, but lies in the hands of a bunch of dirty and corrupt politicians. Come to think of it, majority of them do not deserved to be there in the first place since they did not worked to earn it. Most of them are there because of their skills in "knowing-who" instead of "knowing-how".
I am quite disappointed with the state of corporate management in various GLCs in the country. Although the current administration is trying to revamp all the GLCs by putting in place competent professionals to run them, however, the whole exercise is still being carried out well within the confinement of a particular race in the country. Well, I guess they just aren't ready to face up to real competition with other races, not to mention foreigners.
In view of the next dateline of NEP in 15 years, I certainly hope those young professionals put in place will be able to carry out their jobs in a competent way and not indulge in politics everyday. Otherwise, all hope is lost as the current administration is depending on these people to carry their race up to a level playing field with the rest of the world.
Poor Mahaleel... but hey... he started the whole fiasco in the first place!
Other interesting reads:
- Wong Sulong offered some insider news on the reason why the TM is on his way out
- Possible foreigner as Proton's CEO?
- Tribute to TM for his guts by MAA
posted by Egghead at
8:00 AM
1 Typical Response:
Hii... its my first time here after knowing you oso from kepong. saw ur comment on Jason's blog.
emm agree with shag, they only need a 'Teng Teng Wah Wah' CEO, just do whatever the BOSS (shareholders lo) tell so...
By
Loc Kee, at Tuesday, July 26, 2005 12:17:00 PM
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