Chairul Tanjung Values & Experiences (TransCorp, ParaGroup)

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Slides of Unique differentiators that drive business performance in CT Corporation. Famous business groups in Indonesia. Talks about (1)LEADERSHIP (2)VALUES (4)SYNERGY (5)PEOPLE (3)CULTURE

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Chairul Tanjung Values & Experiences (TransCorp, ParaGroup)

  1. 1. PARA GROUP Menara Bank Mega, 24th Fl Jl. Kapt P Tendean Kav. 12 - 14A Jakarta 12790 Ph : + 62–21 - 7917 5533 Fax : + 62–21 - 7919 3300 Web : www.paragroup.com Entrepreneurship Experience of Chairul Tanjung 20 October 2010
  2. 2. page 1 • Transformation of CT Corp – 30 years journey • Key unique strengths of CT Corp • Leadership • Values • Culture • Synergy • People
  3. 3. DIVERSIFIED BUSINESS GROUP LARGEMEDIUM page 2 CT Corp’s successful transformation from small to a large diversified business group… SMALL Business #Employee • Medical & Dental Supply • Used Car Trading • Contractor • License services • Slippers & Shoes • Steel roofing factory • Real Estate • Para Multi Finance • Para Multi Finance • Bank Mega • Mega Capital • Real estate • Bandung Supermal • Bank Mega, Bank Mega Syariah • PMF, MAF, MCF • Mega Capital • Megalife, AUM • Trans TV, Trans|7 • Carrefour • Metro • Trans Fashion • Trans F&B • Trans Studio • CT Agro, etc Business sector • Trading • Manufacturing • Financial Services • Financial Services • Real Estate • Financial Services • Media, Retail, Lifestyle, Entertain ment • Natural Resources < 5,000 > 60,000 1984 - 1987 1987 - 1996 1996 - 2000 2000 - now INFORMAL 1981 - 1984 • Trading in campus (e.g. Photocopy) 100 - 5001 - 10None • Trading
  4. 4. page 3 … can be characteriz ed by leadership and entrepreneurial transformation during time Leadership Style Talent Focus • Doing with some help Entre- preneurship approach • Indonesia losing its competitiveness in manufacturing to China and other countries  shift focus to financial services • Indonesia’s Consumer buying power will grow  CT Corp became Consumer Focused Group • Hire experienced talent for top management (e.g. Bank Mega) • Mass recruitment of fresh graduate • Coaching • Delegating • Governance • Grooming internal leadership (e.g. Trans TV) • Hire global experienced talent for top management and specialist positions • Vision • Values • Governance • Micro opportunity driven  CT Corp focused on manufacturing business • Doing everything by myself • Directive • Doing DIVERSIFIED BUSINESS GROUP LARGEMEDIUMSMALL 1984 - 1987 1987 - 1996 1996 - 2000 2000 - now INFORMAL 1981 - 1984 • Started up with trading businesses
  5. 5. page 4 • Transformation of CT Corp – 30 years journey • Key unique strengths of CT Corp • Leadership • Values • Culture • Synergy • People
  6. 6. Unique differentiators that drive business performance in CT Corpora page 5 (1) LEADERSHIP (2) VALUES (4) SYNERGY (5) PEOPLE (3) CULTURE CT Corp continues to evolve, however, the following provide the unique competitive advantage for our businesses
  7. 7. Leadership – A symbol of ambition and transformation page 6  Forward-looking and identify macro trends  Have a bold vision and communicate the vision  An organization that ‘goes beyond’ the competition and has strong foundations  Courage to change with time, and transform at the right time  Focus on integrity and not short-term benefits  Transparent and enforce ethos of knowledge sharing LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  8. 8. Values – Ethos of performance and purpose page 7  Core foundational beliefs: • Start everything with good intention / faith • Work hard work smart, always think outside the bo x • Result will come from God  Believe in the country and become symbol of new Indonesia  Make a difference and have higher purpose. Responsible to the nation, stakeholders and e mployees LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  9. 9. Culture – A place of growth and accomplishment for all page 8  Doing business with integrity and become role model for other businesses  Conducive working environment where e mployees are encouraged to take risks  Transparent and KPI-based manage ment  Racial and cultural neutrality where all e mployees are equal and recognized for their contribution LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  10. 10. Synergy - A company where one plus one equals four page 9  Working towards a future where the business portfolio works together for a greater impact  No new businesses will be added into the portfolio if they are not able to realize synergy  Skill of connecting people, capital, ideas and opportunities across the business portfolio LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  11. 11. People - A company of humans for humans page 10  Entrepreneurial and results-oriented where top performers are directly rewarded for bottom- line impact  Dedication in grooming talents, especially the ne xt generations of Indonesians  Shared pride for the company and country  Passionate, hardworking and smart individuals LEADERSHIP VALUES SYNERGY PEOPLE CULTURE

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