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Indonesia, Asia’s less talked-about jewel, is nonetheless a significant market for any organization with global aspirations.
A robust domestic market fueled by a growing middle-class poses challenges for both local and multi-national companies
In 2012, Hay Group and Fortune magazine in Indonesia launched our country’s first Most Admired Companies with the aim of understanding what sets successful companies apart from their peers in our market. Published in January 2012, the rankings include local luminaries like PT Astra International, PT Unilever Indonesia, PT Bank Central Asia, PT Bank Mandiri and PT Garuda Indonesia in the top five.
In this Viewpoint, we will summarize what makes them admired by their peers and incorporate some observations from Hay Group’s Leadership forum, held in Jakarta on 25th January 2012, in tandem with the launch.