CG Needs To Improves Its Approach

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The needs to adjust and/or improve the approaches of corporate governance practices is very important for Indonesia. Nevertheless the need to also touch the people/change the mindset to actually …

The needs to adjust and/or improve the approaches of corporate governance practices is very important for Indonesia. Nevertheless the need to also touch the people/change the mindset to actually embrace/believe the GCG principles as the core values on how you run the company/organization is very relevant in Indonesia.

Furthermore, this is an enticement to all that engage the governance practices that Indonesia need more than just to setup the system, but we definitely need the leadership factor.

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  • 1. When Lawyer Choose Not To Be Awww.netriva.co.idTuesday, April 17, 12 LIAR 1
  • 2. 2Tuesday, April 17, 12
  • 3. Ethics, 2Tuesday, April 17, 12
  • 4. Ethics, Ethics, 2Tuesday, April 17, 12
  • 5. Ethics, Ethics, Ethics 2Tuesday, April 17, 12
  • 6. But I didn’t break any rules 3Tuesday, April 17, 12
  • 7. But I didn’t break any rules you lied, thou 3Tuesday, April 17, 12
  • 8. RULES = ETHICS 4Tuesday, April 17, 12
  • 9. RULES = ETHICS 4Tuesday, April 17, 12
  • 10. Then,CorporateGovernance 5Tuesday, April 17, 12
  • 11. Then,CorporateGovernanceGROWS 5Tuesday, April 17, 12
  • 12. Some Says Corporate Governance is Something Beyond Compliance 6Tuesday, April 17, 12
  • 13. Some Says Corporate Governance is New Way of Life 7Tuesday, April 17, 12
  • 14. Some Says Corporate Governance is New Way of Life Corporate 7Tuesday, April 17, 12
  • 15. What is Corporate Governance Really Means? 8Tuesday, April 17, 12
  • 16. ‘‘ It creates balances Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society - Sir Adrian Cadbury, UK Commission on CG 9Tuesday, April 17, 12
  • 17. Control ACTION BUTTON kill buttonTuesday, April 17, 12 10 ‘‘ It is the system itself The King Commission describes Corporate Governance simply as the system by which companies are directed and controlled. - King Report on Corporate Governance, South Africa
  • 18. Tuesday, April 17, 12 It specifies distribution of ‘‘ rights & responsibilities Corporate Governance is procedures and processes according to which an organization is directed and controlled. The corporate governance structure specifies the distribution of rights and responsibilities among the different participants in the organization – such as the board, managers, shareholders and other stakeholders – and lays down the rules and 11 procedures for decision-making. - European Central Bank, Frankfurt
  • 19. 12Tuesday, April 17, 12 It creates clear accountability accountability toward the shareholders ‘‘ Corporate Governance is set of rules on how the management set their - Organization for Economic Co-operation & Development
  • 20. ‘‘ It creates SVA Corporate Governance is a relation, system and process pattern which used by company’s organ (BoC, BoD & GSM) to ensuring shareholder value added continuously, whilst balancing other stakeholder interests and based on regulations prevails - National Committee on Governance, Indonesia 13Tuesday, April 17, 12
  • 21. Corporate Governance Principles 14Tuesday, April 17, 12
  • 22. 15Tuesday, April 17, 12
  • 23. fairness 15Tuesday, April 17, 12
  • 24. fairness responsibility 15Tuesday, April 17, 12
  • 25. fairness accountability responsibility 15Tuesday, April 17, 12
  • 26. transparency fairness accountability responsibility 15Tuesday, April 17, 12
  • 27. transparency fairness OECD accountability responsibility 15Tuesday, April 17, 12
  • 28. independency? transparency fairness OECD accountability responsibility 15Tuesday, April 17, 12
  • 29. independency? transparency +1 in Indonesia fairness OECD accountability responsibility 15Tuesday, April 17, 12
  • 30. different challenge, different legal system 16Tuesday, April 17, 12
  • 31. Bottom line: Corporate Governance is a System to ensure sustainability and growth of a company 17Tuesday, April 17, 12
  • 32. Does It Works? 18Tuesday, April 17, 12
  • 33. Sadly No 19Tuesday, April 17, 12
  • 34. Sadly No Need Proof? 19Tuesday, April 17, 12
  • 35. 20Tuesday, April 17, 12
  • 36. BNI Won GCG Awards on 2011 21Tuesday, April 17, 12
  • 37. 22Tuesday, April 17, 12
  • 38. 23Tuesday, April 17, 12
  • 39. 24Tuesday, April 17, 12
  • 40. 25Tuesday, April 17, 12
  • 41. 26Tuesday, April 17, 12
  • 42. 27Tuesday, April 17, 12
  • 43. 28Tuesday, April 17, 12
  • 44. 29Tuesday, April 17, 12
  • 45. How Can It Works? 30Tuesday, April 17, 12
  • 46. 31Tuesday, April 17, 12 Governance need Leadership, and Leadership Need Governance ‘‘ Governance and leadership are the yin and the yang of successful organizations. If you have leadership without governance you risk tyranny, fraud and personal fiefdoms. If you have governance without leadership you risk atrophy, bureaucracy and indifference - Mark Goyder (Director of Tomorrows Company)
  • 47. You cannot legislate good behavior ‘‘ - Mervyn King S.C. (Chairman: King Report) 32Tuesday, April 17, 12
  • 48. 33Tuesday, April 17, 12
  • 49. can we But... HOW touch thePeoTuesday, April 17, 12 33 ples?
  • 50. apparent problems real problems 34Tuesday, April 17, 12
  • 51. The Dark Side is Strong 35Tuesday, April 17, 12
  • 52. 36Tuesday, April 17, 12
  • 53. 37Tuesday, April 17, 12
  • 54. understand align involvement buy in open minds 37Tuesday, April 17, 12
  • 55. understand facilitate! align involvement buy in open minds 37Tuesday, April 17, 12
  • 56. Governance Approaches Need Experiential Learning Why? For People to Embrace It 38Tuesday, April 17, 12
  • 57. Governance Approaches Need Experiential Learning Why? For People to Embrace It 38Tuesday, April 17, 12
  • 58. BALANCED Ultimately When systems meets with people, if governance meet leadership, balance created. 39Tuesday, April 17, 12
  • 59. That’s a rap! 40Tuesday, April 17, 12
  • 60. To engage more or discuss more e: yudiantoro@netriva.co.id t: @wyudiantoro 41Tuesday, April 17, 12
  • 61. To engage more or discuss more e: yudiantoro@netriva.co.id t: @wyudiantoro 41Tuesday, April 17, 12
  • 62. 42Tuesday, April 17, 12
  • 63. Our Previous Engagements ! ! ! Presentation Title ! ! Presented by ! ! ! ! ! ! ! ! Presentation Title Presented by ! 42Tuesday, April 17, 12
  • 64. Credits All Photos and/or images taken without permission from the sites below for a non-commercial purposes only: Slide 2 - http://ethicsforadversaries.com/2011/02/17/jump-quickly-over-the-gap/ Slide 3 – http://www.disneyclips.com/imagesnewb/pinocchio.html Slide 5 - http://blog.iese.edu/ener/2011/07/23/where-are-the-most-entrepreneurial-people/ Slide 6 - http://hd-wallpaper.org/10__Saint_Light.htm Slide 7 - http://www.kimmenplumbing.com/page6.html Slide 9 - http://www.missyuan.com/thread-559746-1-1.html Slide 10 - http://www.amparcade.com/shooting Slide 11 - http://www.casinohelper.ca/what-to-know-about-blackjack-insurance Slide 12 - http://www.belfasttelegraph.co.uk/entertainment/film-tv/reviews/game-of-thrones-review-15143888.html Slide 13 - http://mypreretirementmusings.wordpress.com/2011/01/06/delight-in-the-remaining-sunlight/ Slide 15 - http://astuteblogger.blogspot.com/2009/05/dawning-of-age-of-lawlessness-obama-wll.html Slide 16 - http://www.coolmarriedguy.com/2010/10/01/fashion-advice-consult-a-tailor/ Slide 17 - http://www.flickr.com/photos/fordmotorcompany/5577084140/ Slide 18 - http://auto.howstuffworks.com/car-driving-safety/safety-regulatory-devices/human-crash-test-dummy2.htm Slide 19 - http://auto.howstuffworks.com/car-driving-safety/safety-regulatory-devices/human-crash-test-dummy.htm Slide 30 - http://www.translationblog.co.uk/language-of-confusion/ Slide 31 - http://website-design-templates-backgrounds.blogspot.com/2010/09/ying-yang-symbols-wallpapers-twins.html Slide 32 - http://www.kaskus.us/showthread.php?t=2558415 Slide 33 - http://www.activistpost.com/2011/06/greece-grinds-to-halt-as-general-strike.html Slide 34 -http://howthehellshouldiknow-wallyworld.blogspot.com/2011/08/this-is-just-tip-of-iceberg.html Slide 35 - http://subcoolandice.deviantart.com/art/Darth-Vader-episode-3-15321296 Slide 36 - http://lifechurchstratford.blogspot.com/2011/04/i-want-to-believe.html Slide 37 – internal photo stock of Netriva. PTAR Martabe client. Slide 39 - http://wolflaguerra.com/2011/11/28/balance/ 43Tuesday, April 17, 12