Keeping CEO Egos in Check

In a bold address at the Singapore Institute of Directors conference, Ho Ching, chairman of Temasek Trust, emphasized a crucial issue facing corporate governance: the unchecked ego of CEOs. This self-assurance is essential for steering a company, but Ho warns it can morph into an 'emperor' mentality if not effectively managed.

Constructive Management is Key

During her impactful fireside chat, Ho articulated the need for boards to approach the egos of their chief executives constructively. She shared her insights based on her extensive experience as the former CEO of Temasek from 2004 to 2021, explaining that both directors and members of the board must recognize and regulate their own ambitions.

A Milestone Honor

At the same conference, Ho was honored with SID’s honorary fellowship for her exemplary contributions to corporate governance in Singapore, becoming only the second woman to receive this accolade, after Indranee Rajah.

Transformational Leadership: A Shift in Perspective

When discussing what defines a 'transformational director,' Ho urged her peers to set aside their egos. She believes that true leadership involves guidance and mentorship, with the board taking on a more catalytic role—fostering curiosity and preparing the next generation of leaders.

Embracing Growth Through Letting Go

A crucial message from Ho was the importance of ‘letting go’ in leadership. She cautioned against the fear of losing control, as this can stifle growth and innovation within organizations. She stressed that allowing team members to learn from mistakes is essential for building a resilient and dynamic company.

Looking Beyond the Horizon

Ho also highlighted the unique position of boards: while management deals with daily operations, boards can look beyond immediate concerns. This oversight allows them to engage more freely and strategize long-term, ensuring a complementary relationship between the chairman, CEO, and their teams.

In a world where egos can often overshadow teamwork, Ho Ching’s insights serve as a timely reminder of the balance necessary for successful leadership in any organization.