PNB chief: Malaysian organisations blocking flow of ideas from the young

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PNB chief: Malaysian organisations blocking flow of ideas from the young
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He said Malaysia has a brilliant workforce as seen in the diaspora overseas, but they were not flourishing here.

Organisations need to be restructured the right way to allow ideas to flow through, especially from the young talents, said Permodalan Nasional Bhd president and group chief executive Jalil Rasheed."I think we probably export the finest talents in the world. Look at our diaspora overseas; we do a good job there but I think what we need to think about is whether the organisations today are structured in the right way to allow ideas to flow through," Jalil said.

Jalil, who took over the helm of the country's largest fund manager, PNB, effective Oct 1, said today's organisations are still very traditional and operating in silos. Meanwhile, Employees Provident Fund chief executive officer Tunku Alizakri Raja Muhammad Alias said one of the challenges faced by CEOs was bridging the older and young employees in the workplace due to their different expectations and experiences.

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