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Transformative HR: How Great Companies Use Evidence-Based Change for Sustainable Advantage by Ravin Jesuthasan, John W. Boudreau

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CHAPTER 8

KHAZANAH NASIONAL’S PURSUIT OF NATION BUILDING

Can evidence-based change play a role in nation building? Khazanah Nasional Berhad is certainly doing its best to prove it can. Khazanah is the strategic investment arm of the Malaysian government. It has stakes in over fifty businesses in a wide range of strategically important industries, including telecommunications, transportation, utilities, and infrastructure. The mission of Khazanah is not merely to invest in these businesses but to help enhance shareholder value creation and the performance of the companies in a way that will ultimately benefit the whole nation.

Malaysia might have a lower profile than its Southeast Asian neighbors of Thailand and Singapore, but it is one of the ...

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