Stakeholder Engagement & Value Creation Board of Directors • S trengthen governance frameworks to improve transparency and corporate accountability. • Enhance board policies and ethical guidelines to ensure responsible leadership. • Enhance board recruitment strategies to attract experienced and diverse directors. Employees • Strengthen employee relations and conflict resolution mechanisms. • Invest in upskilling and career advancement programmes to enhance workforce capabilities. • Implement structured talent development and internal mobility programmes. Board of Directors • Weak corporate governance structures leading to financial mismanagement, regulatory breaches, and loss of investor confidence. • Conflicts of interest and lack of transparency reducing board effectiveness and decision-making credibility. • Challenges in attracting and retaining skilled board members, limiting board effectiveness. Employees • L abour disputes, strikes, or conflicts affecting business continuity and operational efficiency. • Insufficient skills development limiting employee capability and career progression. • Lack of career advancement opportunities leading to high employee turnover and loss of talent. Board of Directors • Access to comprehensive, transparent, and accurate information for informed decision-making. • Assurance of robust governance practices and compliance with regulations. • Enhanced reputation through successful delivery of corporate goals and sustainability initiatives. Employees • Career growth opportunities through training, upskilling, and development programmes. • Competitive remuneration and benefits fostering financial security and job satisfaction. • A safe, inclusive, and supportive workplace promoting well-being. Board of Directors • Strong leadership driving strategic and operational excellence. • Enhanced governance ensuring compliance and risk management and transparent business practices led by the Board. • Improved decision-making through diverse expertise and insights. Employees • Higher productivity driven by motivated and skilled employees. • Reduced turnover rates through strong employee engagement and satisfaction. • Improved organisational culture fostering innovation and collaboration. Opportunities Value Created for Stakeholders Value for FGV Risks Board of Directors and Employees Capitals: Material Matters: SDGs: DS AC HL 40 FGV Holdings Berhad | Annual Integrated Report 2024
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