MINDA (Malaysian Directors Academy)
The establishment of the Malaysian Directors Academy, or MINDA, is the result of the 10 initiatives developed by the Government Linked Companies Transformation Programme (GLCT), which were launched on 29 July 2005. The GLCT is part of the ongoing effort by the Government to drive development and grow the economy in achieving Wawasan 2020.
Necessitated by the increasingly intense competition offered by other nations as a result of globalisation and liberalisation, the transformation initiatives seek to produce a change in the Malaysian economy by moving it into a higher level of performance and merit. The GLCT is predominantly focused on the Transformation of the Government Linked Companies (GLCs), i.e. the corporate sector.
As the engine of growth and as providers of mission-critical services – such as utilities and infrastructure – and as strategic developers in many of the new growth areas, the reform and transformation of GLCs into high-performing organizations plays a critical role in realizing Malaysia’s ambition to achieve developed nation status.
In early 2005, the Putrajaya Committee on GLC High Performance (PCG) was established to follow through and catalyse the GLC Transformation Programme.