Indonesia Hospitality Leaders @ Indonesia Hotel General Managers Association on "Leadership Challenges on Moving Millennials Forward" Seminar, April 28th, 2018, Four Points Thamrin by Sheraton

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ANGKOSO B. SOEKADARI
Senior Vice President Hospitality and
Business Support PT .Patra Jasa
MANAGEMENT RISK
Understanding Globalization and Emerging Economy

2. Understanding “GLOBALIZATION and EMERGING ECONOMIC”

3. GLOBALIZATION
The process of integrating markets of
products, finances and labors across
countries.
Key…
 International trade
 Foreign direct investment
 International movement of people
 International communications and
international trade of information or data

4. Challenges “The 6 D’s of Disruption”
How Does It Effect “ Us or You ” ?
DIGITIZATION DISRUPTION
DEMONETIZATIONDECEPTION
DEMATERIALIZATION
DEMOCRATIZATION

5. Digitization
Today, anything that can be digitized
can spread at the speed of light or at
least the speed of the internet
Deception
What follows digitization is deception, a
period during which exponential growth
goes mostly unnoticed

6. Desruption
A Disruptive technology is any innovation that
creates a new market and disrupts an existing
one…Either disrupt yourself or be disrupted by
someone else
Demonetization
This means the removal of money from
the equation, because demonetization is
also deceptive, almost no one (is)
prepared for such radical change.

7. Dematerialization
Is the vanishing of the good and services…it is
noteworthy that all the 1980’s luxury
technologies have since been dematerialized
and now come standard with a smartphone.
Democratization
Is the end of the exponential chain
reaction…it is what happens when physical
objects are turned into bits and then
hosted on a digital platform in such high
volume that their price approaches zero.

8. China
India
Indonesia
Emerging and Developing Countries
Thailand
South Africa
The Philipine

9. Agility Through Talent

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