After providing some context on Indonesia's current economic challenges, the editor notes that President Joko Widodo has reshuffled his cabinet, bringing in two new technocrats for key economic roles. However, concerns remain as the rupiah continues to weaken, nearing 14,000 to the dollar. If it crosses 15,000, an economic and financial crisis could ensue. The government must change its nationalist rhetoric and policies to boost investment and confidence, and disburse funds for infrastructure to prevent slowdown. With the right moves, Indonesia can still avoid meltdown despite challenging times.
HTC is a Taiwanese company that specializes in manufacturing mobile phones and tablets. While it was previously a market leader in smartphones, its market share has declined in recent years due to competition from Samsung and Apple. The smartphone industry is characterized by a few major players and significant barriers to entry. While sales are still growing in developing countries, the market is mature in developed nations. For HTC to be successful, it needs to differentiate its products, expand its presence in developing markets, and leverage its research and development capabilities to remain innovative in a highly competitive industry.
The Digital Lab @ SXSW 2015: Don't Miss These Panels!BBDO
SXSW Interactive 2015 is set to take off! This year’s festival is bigger than ever, and with more than 600 different panels to choose from, attendees have some tough decisions to make.
So, the Digital Lab has assembled its own day-by-day “curated tour” of SXSW specifically for brands and marketers.
We’ll also be reporting back live from Austin all week, so be sure to follow us on Twitter at @TheDigitalLab.
This document discusses different types of innovations and opportunities for disruptive innovation in manufacturing. It defines market-creating innovations as those that make products and technology more accessible, creating demand and jobs. Disruptive innovations transform markets by changing business models in a fundamentally different way. Efficiency innovations help do more with less, eliminating jobs but generating profits. The document suggests identifying barriers to consumption and problems customers face but can't solve to find opportunities for disruptive innovation through new business models that make products simpler, cheaper and more affordable.
Corporate innovation in the financial industry, banking, insurance by tommaso...Tommaso Di Bartolo
The banking, insurance, financial service provider industry is being disrupted by entrepreneurs creating startups that raise millions of dollars with only one thing in mind: disrupt the status quo. How can such a fragmented, bureaucratic industry drive innovation in the 21st century? Tommaso, a serial entrepreneur with 2 exits, author, investor and faculty at UC Berkeley describes in his talk a path on how executives can lead to innovation changes. Watch Tommaso's Keynote live. Or hire him to speak: http://linktr.ee/tommasodibartolo
HTC is a Taiwanese company that specializes in manufacturing mobile phones and tablets. While it was previously a market leader in smartphones, its market share has declined in recent years due to competition from Samsung and Apple. The smartphone industry is characterized by a few major players and significant barriers to entry. While sales are still growing in developing countries, the market is mature in developed nations. For HTC to be successful, it needs to differentiate its products, expand its presence in developing markets, and leverage its research and development capabilities to remain innovative in a highly competitive industry.
The Digital Lab @ SXSW 2015: Don't Miss These Panels!BBDO
SXSW Interactive 2015 is set to take off! This year’s festival is bigger than ever, and with more than 600 different panels to choose from, attendees have some tough decisions to make.
So, the Digital Lab has assembled its own day-by-day “curated tour” of SXSW specifically for brands and marketers.
We’ll also be reporting back live from Austin all week, so be sure to follow us on Twitter at @TheDigitalLab.
This document discusses different types of innovations and opportunities for disruptive innovation in manufacturing. It defines market-creating innovations as those that make products and technology more accessible, creating demand and jobs. Disruptive innovations transform markets by changing business models in a fundamentally different way. Efficiency innovations help do more with less, eliminating jobs but generating profits. The document suggests identifying barriers to consumption and problems customers face but can't solve to find opportunities for disruptive innovation through new business models that make products simpler, cheaper and more affordable.
Corporate innovation in the financial industry, banking, insurance by tommaso...Tommaso Di Bartolo
The banking, insurance, financial service provider industry is being disrupted by entrepreneurs creating startups that raise millions of dollars with only one thing in mind: disrupt the status quo. How can such a fragmented, bureaucratic industry drive innovation in the 21st century? Tommaso, a serial entrepreneur with 2 exits, author, investor and faculty at UC Berkeley describes in his talk a path on how executives can lead to innovation changes. Watch Tommaso's Keynote live. Or hire him to speak: http://linktr.ee/tommasodibartolo
- Gaming continued to rise in cultural prominence in 2020, with Hollywood mining popular gaming IPs for TV and film adaptations. Games themselves have become destinations for linear IPs seeking young global audiences.
- The cloud gaming race intensified as tech giants and startups rushed to offer new services, but interest remains limited due to cost, latency and lack of cloud-native games.
- Game engines like Unreal and Unity saw increased traction beyond gaming through acquisitions that expanded their capabilities.
- The concept of the "metaverse" garnered significant media coverage and funding for companies working towards interconnected virtual worlds.
- Party games like Among Us and Fall Gu
2008 vs. 2018: A Tech Odyssey - Louisville's Digital CrossroadsDavid Berkowitz
Presented at Louisville Digital Association's Digital Crossroads 2018, it covers the past ten years of emerging technology, including images, video, audio, podcasts, mobile barcodes, QR codes, the future of work, artificial intelligence, and related subjects, while looking ahead to see what we can learn going forward.
The document contains quotes from various speakers at a conference on a variety of topics related to technology, business, and society. Some key themes that emerge are: the importance of transparency, embracing failure as part of the learning process, focusing on customer convenience to drive innovation, and designing with the human experience in mind. The quotes provide insights from industry leaders on challenges and opportunities facing technology and its role in business and society.
The document provides an overview of the emerging virtual reality/augmented reality industry. It discusses the following key points:
1) VR/AR technology is emerging but still in its early stages, with many companies developing platforms and applications to drive innovation and set standards in the industry.
2) Investment in the industry has grown significantly in recent years to billions of dollars, fueling research and development efforts.
3) Several challenges threaten the continued emergence of the industry, including supply constraints for VR-capable computer components and a lack of standard-setting products in the standalone/all-in-one VR market segment.
4) As the industry grows, governments will need to proactively address emerging ethical
The document discusses speculative predictions for the display industry in 2011. It begins by reviewing predictions made in 2004, finding that while some strategic insights were correct, it underestimated how quickly prices would fall and supply chains would adapt. It then examines the current state of the industry and uncertainties around new technologies like metal oxide and AMOLED. Finally, it outlines scenarios for the future, with the "base case" predicting continued price declines, better performance from Samsung, and new fabs in emerging markets, but still disappointing profits overall.
Most companies, governments and organizations are still woefully unprepared for what’s coming next in mobile. Sooner than you think, almost everyone on Earth will be connected
to everyone else. Everyday objects
are already being connected to form a vast Internet of Things. Our world has become an expanding ecosystem of people, devices and systems – soon to be turbocharged with near zero-latency 5G. If you think mobile has changed everything already, you haven’t seen anything yet.
The document discusses several areas where technological development has lagged despite potential, including:
1. Aerospace and transportation - Space travel remains prohibitively expensive and transportation technologies have not improved radically in 30 years.
2. Biotechnology - Progress in increasing lifespans and drug development has slowed despite DNA discovery and computing advances. Lack of data, high capital costs, and slow discovery processes hinder the field.
3. Advanced machines/software - While computer hardware rapidly improves, software advances more slowly. We lack powerful analytical tools and true artificial intelligence despite decades of predictions. Robotics remains niche.
The document argues investing in technologies that reduce costs in these areas could both generate high returns and vastly increase
- China aims to become the world's dominant player in artificial intelligence by 2030 according to its government plan. This puts China on track to surpass the current front runner, the US, and become the global leader in AI.
- China has several advantages that are helping it gain a lead in the global AI race, including a large consumer market that provides vast amounts of data for training AI systems, and strong government support and funding of AI development.
- The three largest Chinese tech companies, Baidu, Alibaba and Tencent (BAT), have expanded into other countries and invested heavily in AI startups, which is boosting China's capabilities in areas like autonomous vehicles, smart cities and healthcare AI.
During South Summit 2017, we asked its most relevant attendees for their opinion on several matters. What sector will be hotter? What do you expect from an event like South Summit? Will Fintech be a bubble?
Learn from the best and join us at Bnext.es
With the annual hype fest known as the Consumer Electronics Show (CES) finishing up last week, now seems an instructive time to reflect on the hype cycle around technology and trends.
Many mistaken predictions all point to the imperfection and impermanence of the prediction business. For tech trends in particular, such as those being hatched last week at CES, it’s a perilous endeavor with few (if any) sure-fire winners and even fewer all-knowing prognosticators.
This document outlines the steps to set up Git with Bitbucket on Linux, create a repository, commit and push code, and merge branches. The key steps are:
1. Install Git and configure username and email.
2. Create a repository on Bitbucket and copy the remote repository URL.
3. Initialize a local Git repository, add and commit files, and push the code to Bitbucket.
4. Pull changes from the remote regularly and use Git commands like merge, rebase, and log to manage branches.
The document discusses cyber warfare and whether businesses can trust governments to protect them. It notes that cyber attacks on private companies have increased in sophistication and many are state-sponsored. While governments have largely ignored the threat, some like the UK and India are now reaching out to the private sector to share information and establish partnerships to combat cyber attacks. However, there are still open questions around how such public-private partnerships would work in practice and whether increased cooperation could threaten privacy and enable government overreach.
Can the internet of things survive the coming warJason Fernandes
The Internet of Things (IoT) phrase is quite a buzzword these days and its definition will vary widely depending on who you ask. The main concept, however, is that devices and appliances that would traditionally function independently are able to communicate with other data sources or devices to enhance their own functionality and efficiency.
Cyber Warfare: Can business trust the government to protect them?Jason Fernandes
The past several years have seen a rise in private companies being targeted by everyone from state sponsored hackers to criminals and even so called Hacktivists (hackers for a cause). Businesses have found that the attacks have reached a level of sophistication that often times is far in excess of what the company is handle themselves. Particularly in the case of state sponsored cyber-attacks, fighting back on equal footing is not an option for most businesses. The alarming number of recent high profile hacks occurring with increasing frequency have
many questioning the role of government, the responsibilities of businesses and whether closer cooperation between the two could successfully combat cyber-attacks.
Nexus lives! Android Silver and the future of Google Play editionJason Fernandes
Just a few weeks ago, Google launched two new hardware products, the Google Nexus 6 and the Nexus 9. For the uninitiated, in the past Google’s Nexus line had always focused on providing its devotees with upper- to mid-range phones at excellent prices. This time around, however, the prices are fairly astronomical while the specs too are rather high end.
We want an IT policy which will have a focus on startups and not just benefit medium and large scale businesses. Encouraging a vibrant startup atmosphere is exactly what Goa should do if is to ever grow as an IT hub.
15-YEAR-OLD LAUNCHES WORLD-CLASS WEBSITE TO HELP OTHERSJason Fernandes
I would like to tell you about my site http://www/learningdisabilities.ourfamily.com I am Jason Fernandes, a learning disabled teen 15 yrs old, from Bombay, India, diagnosed 8 months ago. That day of diagnosis changed my life. I was diagnosed as ‘Gifted with superior intellectual functioning, as well as learning disabilities (dyslexia, dyscalculia and dysgraphia) –a mouthful…huh?
How Ellen Pao became Reddit’s Lee Harvey OswaldJason Fernandes
In July, popular website Reddit found itself suddenly mired in unprecedented controversy. When the dust settled, controversial CEO Ellen Pao resigned and those following the fiasco were left with more questions than answers. Pao’s stated reason for her departure was that the Reddit board was demanding a higher growth rate than she felt comfortable promising. Mundane sure, but many felt that given recent events at the company, the truth was likely murkier.
Research in Motion (now known simply as BlackBerry) last month released two new handsets, the Z10 and the Q10, both running the brand new BlackBerry 10 operating system (OS). The latest offerings are BlackBerry’s first new hardware products in several years and reflect what many believe is the company’s last-ditch attempt to stay relevant in a market increasingly more demanding of its gadgets.
- Gaming continued to rise in cultural prominence in 2020, with Hollywood mining popular gaming IPs for TV and film adaptations. Games themselves have become destinations for linear IPs seeking young global audiences.
- The cloud gaming race intensified as tech giants and startups rushed to offer new services, but interest remains limited due to cost, latency and lack of cloud-native games.
- Game engines like Unreal and Unity saw increased traction beyond gaming through acquisitions that expanded their capabilities.
- The concept of the "metaverse" garnered significant media coverage and funding for companies working towards interconnected virtual worlds.
- Party games like Among Us and Fall Gu
2008 vs. 2018: A Tech Odyssey - Louisville's Digital CrossroadsDavid Berkowitz
Presented at Louisville Digital Association's Digital Crossroads 2018, it covers the past ten years of emerging technology, including images, video, audio, podcasts, mobile barcodes, QR codes, the future of work, artificial intelligence, and related subjects, while looking ahead to see what we can learn going forward.
The document contains quotes from various speakers at a conference on a variety of topics related to technology, business, and society. Some key themes that emerge are: the importance of transparency, embracing failure as part of the learning process, focusing on customer convenience to drive innovation, and designing with the human experience in mind. The quotes provide insights from industry leaders on challenges and opportunities facing technology and its role in business and society.
The document provides an overview of the emerging virtual reality/augmented reality industry. It discusses the following key points:
1) VR/AR technology is emerging but still in its early stages, with many companies developing platforms and applications to drive innovation and set standards in the industry.
2) Investment in the industry has grown significantly in recent years to billions of dollars, fueling research and development efforts.
3) Several challenges threaten the continued emergence of the industry, including supply constraints for VR-capable computer components and a lack of standard-setting products in the standalone/all-in-one VR market segment.
4) As the industry grows, governments will need to proactively address emerging ethical
The document discusses speculative predictions for the display industry in 2011. It begins by reviewing predictions made in 2004, finding that while some strategic insights were correct, it underestimated how quickly prices would fall and supply chains would adapt. It then examines the current state of the industry and uncertainties around new technologies like metal oxide and AMOLED. Finally, it outlines scenarios for the future, with the "base case" predicting continued price declines, better performance from Samsung, and new fabs in emerging markets, but still disappointing profits overall.
Most companies, governments and organizations are still woefully unprepared for what’s coming next in mobile. Sooner than you think, almost everyone on Earth will be connected
to everyone else. Everyday objects
are already being connected to form a vast Internet of Things. Our world has become an expanding ecosystem of people, devices and systems – soon to be turbocharged with near zero-latency 5G. If you think mobile has changed everything already, you haven’t seen anything yet.
The document discusses several areas where technological development has lagged despite potential, including:
1. Aerospace and transportation - Space travel remains prohibitively expensive and transportation technologies have not improved radically in 30 years.
2. Biotechnology - Progress in increasing lifespans and drug development has slowed despite DNA discovery and computing advances. Lack of data, high capital costs, and slow discovery processes hinder the field.
3. Advanced machines/software - While computer hardware rapidly improves, software advances more slowly. We lack powerful analytical tools and true artificial intelligence despite decades of predictions. Robotics remains niche.
The document argues investing in technologies that reduce costs in these areas could both generate high returns and vastly increase
- China aims to become the world's dominant player in artificial intelligence by 2030 according to its government plan. This puts China on track to surpass the current front runner, the US, and become the global leader in AI.
- China has several advantages that are helping it gain a lead in the global AI race, including a large consumer market that provides vast amounts of data for training AI systems, and strong government support and funding of AI development.
- The three largest Chinese tech companies, Baidu, Alibaba and Tencent (BAT), have expanded into other countries and invested heavily in AI startups, which is boosting China's capabilities in areas like autonomous vehicles, smart cities and healthcare AI.
During South Summit 2017, we asked its most relevant attendees for their opinion on several matters. What sector will be hotter? What do you expect from an event like South Summit? Will Fintech be a bubble?
Learn from the best and join us at Bnext.es
With the annual hype fest known as the Consumer Electronics Show (CES) finishing up last week, now seems an instructive time to reflect on the hype cycle around technology and trends.
Many mistaken predictions all point to the imperfection and impermanence of the prediction business. For tech trends in particular, such as those being hatched last week at CES, it’s a perilous endeavor with few (if any) sure-fire winners and even fewer all-knowing prognosticators.
This document outlines the steps to set up Git with Bitbucket on Linux, create a repository, commit and push code, and merge branches. The key steps are:
1. Install Git and configure username and email.
2. Create a repository on Bitbucket and copy the remote repository URL.
3. Initialize a local Git repository, add and commit files, and push the code to Bitbucket.
4. Pull changes from the remote regularly and use Git commands like merge, rebase, and log to manage branches.
The document discusses cyber warfare and whether businesses can trust governments to protect them. It notes that cyber attacks on private companies have increased in sophistication and many are state-sponsored. While governments have largely ignored the threat, some like the UK and India are now reaching out to the private sector to share information and establish partnerships to combat cyber attacks. However, there are still open questions around how such public-private partnerships would work in practice and whether increased cooperation could threaten privacy and enable government overreach.
Can the internet of things survive the coming warJason Fernandes
The Internet of Things (IoT) phrase is quite a buzzword these days and its definition will vary widely depending on who you ask. The main concept, however, is that devices and appliances that would traditionally function independently are able to communicate with other data sources or devices to enhance their own functionality and efficiency.
Cyber Warfare: Can business trust the government to protect them?Jason Fernandes
The past several years have seen a rise in private companies being targeted by everyone from state sponsored hackers to criminals and even so called Hacktivists (hackers for a cause). Businesses have found that the attacks have reached a level of sophistication that often times is far in excess of what the company is handle themselves. Particularly in the case of state sponsored cyber-attacks, fighting back on equal footing is not an option for most businesses. The alarming number of recent high profile hacks occurring with increasing frequency have
many questioning the role of government, the responsibilities of businesses and whether closer cooperation between the two could successfully combat cyber-attacks.
Nexus lives! Android Silver and the future of Google Play editionJason Fernandes
Just a few weeks ago, Google launched two new hardware products, the Google Nexus 6 and the Nexus 9. For the uninitiated, in the past Google’s Nexus line had always focused on providing its devotees with upper- to mid-range phones at excellent prices. This time around, however, the prices are fairly astronomical while the specs too are rather high end.
We want an IT policy which will have a focus on startups and not just benefit medium and large scale businesses. Encouraging a vibrant startup atmosphere is exactly what Goa should do if is to ever grow as an IT hub.
15-YEAR-OLD LAUNCHES WORLD-CLASS WEBSITE TO HELP OTHERSJason Fernandes
I would like to tell you about my site http://www/learningdisabilities.ourfamily.com I am Jason Fernandes, a learning disabled teen 15 yrs old, from Bombay, India, diagnosed 8 months ago. That day of diagnosis changed my life. I was diagnosed as ‘Gifted with superior intellectual functioning, as well as learning disabilities (dyslexia, dyscalculia and dysgraphia) –a mouthful…huh?
How Ellen Pao became Reddit’s Lee Harvey OswaldJason Fernandes
In July, popular website Reddit found itself suddenly mired in unprecedented controversy. When the dust settled, controversial CEO Ellen Pao resigned and those following the fiasco were left with more questions than answers. Pao’s stated reason for her departure was that the Reddit board was demanding a higher growth rate than she felt comfortable promising. Mundane sure, but many felt that given recent events at the company, the truth was likely murkier.
Research in Motion (now known simply as BlackBerry) last month released two new handsets, the Z10 and the Q10, both running the brand new BlackBerry 10 operating system (OS). The latest offerings are BlackBerry’s first new hardware products in several years and reflect what many believe is the company’s last-ditch attempt to stay relevant in a market increasingly more demanding of its gadgets.
El documento describe los procesos administrativos de dirección y control de una organización. Explica que la dirección requiere una estructura organizacional para lograr los objetivos planificados a través de etapas como la toma de decisiones, integración, motivación, comunicación, supervisión y autoridad. También cubre los ciclos de mantenimiento, corrección y mejora, así como los elementos clave del control como establecer estándares, medir resultados y realizar correcciones.
The document provides an inventory of information about the HTC Corporation brand, including details about the company's locations, organization, financial data, key personnel, products, and competitors in the smartphone industry. It discusses HTC's history and development, current product lines, marketing strategies, and recent news reports regarding challenges faced by the brand in the global smartphone market.
Find out more at: http://www.brand24.net
Recently HTC has struggled with some financial problems. Its first quarter earnings has been the lowest in company's history and further months has not brought satisfactory results despite a wide appeal of flagship smartphone HTC One. Also decreasing market shares, salary cuts and staff departures did not help the company’s outlook. Therefore, the HTC does not bum around lately.
In August they released $12 Million Campaign with Robert Downey Jr. who expands in the ad the abbreviation of HTC. Moreover, on 19th of August they launched HTC One Mini – smaller version for those who find the original One too bulky. Has this activity been effective? This report presents how social media users have reacted lately to the new campaign.
Technology, Media And Telecommunications Prediction 0f 2020aakash malhotra
According to the experts from deloitte india, media, telecommunications and technology industries are going to flourish like never before. See More : https://www2.deloitte.com/in/en/pages/technology-media-and-telecommunications/articles/tmt-predictions-2020.html
This document summarizes a study on why IT projects fail. It analyzed 214 IT projects across various industries in Europe from 1998-2005. It found that only about 1 in 8 projects were truly successful. The largest percentage of projects (40.6%) were cancelled after the design stage due to issues like poor business alignment, requirements management, and going over budget. The top reasons for project cancellation included poor requirements management, overstating business benefits, and budget overruns.
Here are a few key points about disruptive technology and ethics:
- Disruptive technologies can disrupt existing social and economic structures and norms in both positive and negative ways. This disruption needs to be managed carefully with consideration for ethical impacts.
- New technologies like AI, robotics, biotechnology raise novel ethical issues that existing frameworks may not fully address. We need ongoing discussion of how to ensure these technologies are developed and applied responsibly.
- Issues like privacy, data use, automation of jobs, human augmentation/enhancement, and new kinds of inequality need to be considered. Regulations may be needed to guide development in an ethical direction.
- Public engagement and education are important so people understand technologies and can participate in
- Mobike and Ele.me, two large Chinese startups, were acquired by Meituan-Dianping and Alibaba respectively for billions of dollars. This underscores Tencent and Alibaba's dominance in the Chinese tech landscape, with over 50% of Chinese unicorns now backed or controlled by them.
- There is debate around whether tech startups can remain independent in China, as the scale of Tencent and Alibaba allows them to copy or invest in competitors. Mobike's CEO acknowledged "little fish cannot eat big fish" and independence is difficult.
- Public company valuations across sectors like SaaS, social, marketplaces and games are provided for context on current revenue multiples
- Google's recent sale of robotics company Boston Dynamics has led some to believe Google is exiting the robotics business. However, the document argues this is not the case.
- Google has acquired several robotics and AI companies since 2013 through its semi-secret X division to build a global robotics network. It is now integrating these technologies rather than focusing on individual products.
- The document believes Google is streamlining its operations and focusing on integrating AI and robotics technologies for practical applications like self-driving cars, rather than consumer robots. Korean companies like Samsung, LG, and SK Telecom are well positioned to benefit from these trends.
By Alejandro Ruelas-GossiInnovating in emerging markets.docxRAHUL126667
By Alejandro Ruelas-Gossi
Innovating in emerging markets:
Paradigm
Big
The
hen we talk about innovation the first thing
that comes to our mind are the high-tech prod-
ucts, in industries highly appealing that spin at a high
speed. Put this way, it seems as there is little hope to
innovate in the Latin American companies since they
don’t have a trajectory of technological development
nor do they have the necessary resources for Research
and Development (R&D) in order to compete in the big
leagues. So, the companies of the Region drop behind
to the role of simple spectators and imitators of the in-
novations devised by the pioneering companies of the
developed countries, right? Wrong. Let’s stop for a while
WInnovation is not only related to the product and advanced technologies,
where the companies in Latin America
have little to show. But there is a huge
opportunity to innovate in the business
world. It is the Big T innovation and,
as shown by the Cemex case, it can
catapult a Regional company to the
global leagues.
Originally published in
February 04, and republished
in November 07 because
it was elected the best
Latinamerican article
published in HBR América
Latina in its fifth anniversary.
November 2007 | Harvard Business Review 41
The Big T Paradigm
42 Harvard Business Review | November 2007
Alejandro Ruelas-Gossi is Managing Director in the Centre for
Corporate Governance & Strategy for Latin America and aca-
demic director of Adolfo Ibáñez School of Management, in Miami,
EE.UU. He has written several articles for HBR América Latina.
“There is nobody between Dell and its clients” is eloquent.
In 1984, precisely when Dell recognizes the need of a Big T
innovative focus, Apple and Compaq incline to the small t
and loose the game.
Let’s take a look first at Apple’s case. Steve Jobs didn’t
realize that the computer industry, which initially pointed
towards the higher consumer segment, was starting to do
so towards the pyramid’s base, where users are more price
sensitive and care less about more sophisticated features
of the product. So, Jobs introduced LISA, a super computer
easy to use (everything could be done with the mouse), but
very expensive (its cost was US$ 10,000). Jobs had a small
t strategy with LISA, but the computer market was already
widening itself, demanding lower prices, that is to say,
demanding Big T-type innovations. Soon after LISA, the
Board pushed Steve Jobs to leave the company.
Apple’s subsequent story shows a back and forth be-
tween small t and Big T innovations, proving in many
times a lack of strategic focus. Shortly after Steve Jobs
came back as Apple’s CEO in 1997, he realized that it was
necessary to go for a Big T strategy, among other things
through decremental innovations in the products. This
was how he launched the iMac –computer from which the
floppy drive and other features were taken away and which
the client doesn’t value so m ...
Running head CASE STUDY1CASE STUDY5Case StudyHult i.docxsusanschei
Running head: CASE STUDY 1
CASE STUDY 5
Case Study
Hult international business school.
Introduction:
The particular case study begins by stating the various problems associated with the company after the outburst of smart phones and smart technology in the world, despite the fact that Intel was the leading manufacturer of microprocessor and other computer chips in the world. The company enjoyed a net worth of $11 billion with revenue of over $53 billion, as reported by their finance department. And next to this was AMD which has lost almost $1.2 billion of the gross sales reaching an aggregate of $5.2 billion. Despite their market dominance, Intel still faced a considerable threat from a new technology that rapidly consumed the IT market. Smart phones and smart technology became the latest trend for common users, and many of them tend to buy a tablet or smart phone instead of a laptop or personal system. In 2013, the global sale of personal computers fall almost 13% and one of the largest declines in a period of 10 years and this particular downfall increased with each year forecast.
Major problems:
In order to identify the major problems associated with the Intel Company, the 5Ws is used in order to understand the severity of the problem in this particular case study
· The first W is associated with what happened actually? It is clear from the case study is that the PC market has faced a global downfall that has affected Intel Company and their processor market
· The second W is related is who is involved in this particular scenario? As per the case study, smart phones and tablets has grabbed a large amount of consumer and market share that has led to create a very serious threat for IT industries, including Intel company. One of the most prominent and direct competitors for Intel was the ARM manufacturing company, which was developing microprocessors and microchip for different smart phones and tablets.
· The third W defines when this particular case took place? There is actually no date or time to support this that when exactly this particular scenario took place. The smart phone technology rapidly grabbed the market share within years, however, a figure was stated by the case study indicating that in the year 2013, the global sales of PC went down up to 13% and by the end of 2016, the market share of smart phones and smart technology will reach 60%
· The fourth W describes the place where this case occurred. Clearly, Intel is an international label, one of the leading companies to manufacture microprocessor. However, reviewing the particular case study more thoroughly, the ARM processor is a British based company manufacturing smart phones microprocessors and chip.
· The fifth W refers to the reason why this case happened? This is probably the core of this case study, that according to Moore’s law, the size of electronics are decreasing with each passing year, meaning that with each passing year, there are new technologies that ...
This document provides an overview of 10 UK immersive technology companies that have raised significant funding. It discusses Anything World, a platform for creating 3D worlds using voice controls and AI; Bodyswaps, a VR platform for soft skills training that has worked with organizations like Save the Children; and Anthropic, an AI safety startup that has raised $50 million and works on techniques like constitutional AI. The document highlights the companies' technologies, customers, fundraising journeys, and growth opportunities in areas like enterprise training as immersive tech adoption increases.
HTC has been an early leader in virtual reality with its VIVE headset but faces increasing competition from large tech companies. While the VIVE is praised for its technology, HTC struggles with economies of scale and large investments required. Going forward, HTC should focus on both hardware and software to build an ecosystem around VR and differentiate itself through proprietary technology. Developing its own platform and content while partnering with other companies could help HTC strengthen its position in the evolving virtual reality market.
The social life of ideas: From innovation to profitHay Group India
The main challenge in organizational innovation lies in its execution, and not in having more ideas. Top companies create supportive cultures that transform ideas into profitable investments.
Companies need innovation to survive. In fact, there is no shortage of clever people and smart ideas. Hence the competitive edge comes from having the best execution – from the time the idea is first identified, shepherded through the corporate maze, and into the hands of the paying customer.
And yet, in many companies, the chase for short-term profitability can become the Achilles heel of long-term business sustainability. The way to avoid this is to have a deep-rooted culture that promotes innovation and new ideas to filter up and sideways.
British Columbia Institute of Technology Blackberry Mobile Phone Strategy Cas...studywriters
1) BlackBerry's new CEO John Chen and his strategy team must develop a turnaround strategy to save the struggling smartphone maker from increasingly dominant competitors like Apple and Samsung.
2) BlackBerry once had a loyal customer base in government and businesses seeking secure communications, but it lost focus on this core group by trying to mimic mass-market rivals.
3) The strategy team will analyze BlackBerry's resources and capabilities using tools like the BCG matrix and Porter's Five Forces to identify strategic alternatives focused on differentiation or cost leadership to present to Chen.
British Columbia Institute of Technology Blackberry Mobile Phone Strategy Cas...write4
1) BlackBerry's new CEO John Chen and his strategy team must develop a turnaround strategy to save the struggling smartphone maker as it faces intense competition from Apple, Google, and others.
2) BlackBerry previously focused on business users but lost market share as competitors offered similar security features. The strategy team is considering refocusing on BlackBerry's original core customers of businesses and governments.
3) The team will analyze BlackBerry's resources and capabilities using various frameworks to identify strategic alternatives, such as pursuing a low-cost strategy or differentiation, and focusing on areas like advertising or security services.
Intel was facing slowing PC sales and looking for new growth areas beyond microprocessors. It invested heavily in new sectors like internet services but later dropped many of these investments. By 2002, Intel refocused on convergence of computing and communications at the chip level across mobile, desktop, server, and network devices. However, it remained unclear if this strategy would succeed or if Intel could replicate its past dominance in a new "third act".
Compet grid between Apple, HTC and Samsung...
Content is not 100% correct due to some difficulties in finding information and litmited time :)
Copy Rights: Internet sources of 3 brands
The document provides an overview of the 2016 Consumer Electronics Show (CES). Some key points:
- CES had over 180,000 participants, 3,600 exhibitors, and 220,000 square meters of exhibition space.
- The author notes the event did not feature any revolutionary innovations but instead many incremental improvements as technology is optimizing at this point in the cycle.
- Major areas of focus included automotive technology like electric vehicles and autonomous driving; smart home devices; nostalgic retro tech; virtual and augmented reality; and 360-degree cameras and content.
- For automotive, many companies highlighted electric vehicles and autonomous vehicle plans but no fully autonomous vehicles were unveiled. Smart home lacked common
Moore's Law, which predicts that the number of transistors on integrated circuits doubles approximately every two years, is expected to continue in 2010. However, rather than using the increased transistor density to create more powerful chips, chipmakers are likely to focus on producing "good enough" chips that use less power and are smaller. This reflects the current priorities in growth markets like mobile computing, where cost and power reductions are more important than increased processing speed. While Moore's Law will continue, its benefits may be realized through efficiencies rather than greater computational power.
Xiaomi is a Chinese hardware company known for its affordable smartphones and other consumer electronics. It has grown rapidly since 2010 to become one of the largest smartphone companies in China through its low-cost, high-quality products and digital-first marketing strategies. However, developing digital marketing faces barriers such as rigid corporate cultures, high costs of innovation, and lack of expertise. Companies must encourage experimentation, focus on customer experience over technology, invest in continuous training, and adapt quickly to regulation changes to overcome these barriers and succeed with digital transformation.
Moore's Law, which predicts that the number of transistors on integrated circuits doubles approximately every two years, is expected to continue in 2010. However, rather than using the increased transistor density to create more powerful chips, chipmakers are likely to focus on producing "good enough" chips that use less power and are smaller. This reflects the current priorities in growth markets like mobile computing, where cost and power reductions are more important than increased processing speed. While Moore's Law will continue, its benefits may be realized through efficiencies rather than greater performance.
Similar to They say bad news comes in threes: After Nokia and Blackberry, now it’s HTC’s turn (20)
The document discusses Bitcoin, a virtual currency created in 2009. It has grown rapidly in popularity due to its decentralized nature, which means it is not controlled by any government or banking institution. However, this lack of regulation also means Bitcoin is volatile, anonymous, and difficult to secure against theft. While Bitcoin offers an alternative to traditional currency manipulation, governments may try to regulate it due to its use for illegal activities on sites like Silk Road. The future of Bitcoin remains uncertain as it faces challenges from adoption and stabilization but could benefit from increased usage and technological advances.
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A Whatsapp rival, Google's answer to Evernote...six apps that are destined to climb the popularity charts.
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Will whatsapp anti-corruption campaign reduce graft in the police department?Jason Fernandes
Technology is an excellent tool to make the government more efficient and easily accountable to people. WhatsApp usage is universal across vast socio-economic spectrum, so it is most likely that the WhatsApp anti-graft campaign would be successful here. I applaud the initiative and welcome the government into the 21st century.
Has the state govt done enough to ease the way for entrepreneursJason Fernandes
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CUT THOSE UMBILICAL TIES. OR NOT…- The Goan Jason Fernandes
Jason Fernandes talks about how even though he has moved out of his own parents house and is living alone, the bond between a parent and offspring is permanent and immutable.
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Has the state govt. done enough to ease the way for entrepreneurs- -Times of ...Jason Fernandes
The government could do more for startups, particularly in the areas of streamlining processes and providing greater access to capital. I’m optimistic that some of these concerns can be addressed through greater dialogue between private/public stakeholders.
GOAN WINS ACCLAIM AT ASIAN SCIENCE WRITING PRIZE, 2015 - The Times Of IndiaJason Fernandes
A Goan entrepreneur, Jason Fernandes received an honourable mention at the Asian Scientist Writing Prize 2015, after competing with 300 writers from 16 different countries in Asia, including China, Japan and Thailand, recently.
Suddenly, the world has opened up, the walls have come down and even the sky’s not the limit. At 16, Jason Fernandes is proof of that. Himself Dyslexic, the teenager responded to one of his own needs – and created an internet based support group for learning disabilities. One year later his website, ldkids.zeocities.com, is one of the three largest in the world- and besides unconditional help in the form of laptops and free domain hosting, Jason goes to Barbedos this month to pick up a 1500-pound award from ChildNet, an international organisation working with young people.
TEENAGER WITH DYSLEXIA WINS AWARD FOR HIS WEB SITE - India Abroad Jason Fernandes
Jason Fernandes, a boy who suffers from the learning disability (LD), Dyslexia, has achieved the distinction of becoming the first Indian student to win a prestigious international honour for his innovative work on the Internet.
The first site, created by 15 year old Jason Fernandes, is the Learning Disabled Kids Support [India] site, with information about disabilities like dyslexia, dysgraphia, attention deficit disorder and dyscalculia. While information hosted on net often is in the cold third party format, this site differs, since Jason himself, was recently diagnosed as being learning disabled. He and his family went from pillar to post to try to find out where they could talk to others who could share information on what to do, and the best ways to overcome the disability. All that resulted in the clean and simple yet very functional LDKSI website that today provides an anonymous medium where they can share their views, experiences and info and there by help each other. He’s also got a special page with information on Help In India. Three cheers for you Jason! Keep it up!!
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The journey concludes with a reflection on the ever-evolving landscape of OS, underscored by the emergence of real-time operating systems (RTOS) and the persistent quest for innovation and efficiency. As technology continues to shape our world, understanding the foundations and evolution of operating systems remains paramount. Join Pravash Chandra Das on this illuminating journey through the heart of computing. 🌟
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They say bad news comes in threes: After Nokia and Blackberry, now it’s HTC’s turn
1. 56 | GlobeAsia September 2015
Technology
H
TC has been ailing for a while now, but
in August something truly shocking
happened: the market valuation of
HTC fell below its available cash on hand. This
theoretically means that should investors start to
buy up all of HTC’s stock at its current valuation,
the company would actually be paying those
investors to take it over.
In short this means that the company is
effectively less than worthless. In recent years the
company slogan has run the gamut from “quietly
brilliant” to “here’s to change” and finally “It’s
anything you want it to be,” perhaps betraying
increased desperation in a company looking for
its identity in a crowded marketplace.
It may seem strange to the average consumer
who has seen HTC churn out hits like the HTC
One M8 and the M9 that such a company could
just collapse. It almost strains credulity to think
that a company that just a few years ago held
a respectable 10.7% of the market share is in
trouble. How could the company that brought us
such hits actually be in such deep trouble?
No surprise
For those who have been watching, HTC’s
collapse should come as no surprise. As early as
October 2013, Computer World’s Mark Hamblin
predicted that HTC’s collapse would happen
within two years. That collapse began to take on
an air of inevitability with its $101 million net
loss in the third quarter of 2013.
This was the first loss in the company’s
history but even then the writing was already on
the wall. An analyst from Asymco pointed out
that “once a company begins to generate negative
operating margins from phone sales, that phone
business never recovers.”
His opinion was based on tracking the
fortunes of other former mobile behemoths like
Nokia and Blackberry, both of which had about
two years before some sort of liquidity event
(whether acquisition or merger) overtook them.
By August 15 this year, HTC had announced its
biggest quarterly loss of $253 million.
Poor strategic planning
HTC has a canon of phones that really start to get
ridiculous once you start listing them. There’s
the One, the One M8, One Mini, One XL, the HTC
Desire line, and that’s not even an exhaustive
list. The amount the company must spend to put
out these phones is a colossal waste of precious
resources for a company that should’ve been
paring down its line to a maximum of three
products. HTC decided to imitate Samsung
(which has an even greater stable of phones)
but without the safety net that is the rest of
Samsung’s portfolio.
Then there was an exodus of talent. When
HTC’s long-time head of design Scott Croyle
(credited with the design of HTC’s One line)
announced his departure in April 2014, few
expected that he would be followed so closely by
Jonah Becker (head of product design) who exited
just 11 months later.
The company barely had time to breathe
before HTC announced the exit of Peter Chou
from the CEO role and his replacement with HTC
co-founder Cher Wang. No business would be
unaffected by the loss of such key personnel but
the rapid exits gave HTC the air of a sinking ship
and doubtlessly affected morale negatively.
No other business to offset losses
The fact is that the profit on Android
smartphones is minuscule. A recent report from
They say bad news comes in threes:
After Nokia and Blackberry, now it’s HTC’s turn
As early as October 2013, Computer World’s
Mark Hamblin predicted that HTC’s collapse
would happen within two years.
2. September 2015 GlobeAsia | 57
R&D costs alone are prohibitive, not to mention
that each phone has to be designed, tested and
then marketed to the consumer. These costs eat
into manufacturer’s profits.
Add to this that the market has essentially
split with Apple in the high end and pretty
much everybody else in the “other” category.
Unfortunately for HTC, It is not economical for it
to make budget smartphones (although they have
tried) so they are really only competitive in the
high end. In that range of course, HTC is forced to
compete with Samsung and Apple, both of which
have massive cash reserves on hand and make a
greater profit per device.
The major issue for HTC is that it has no
accompanying business to speak of, while almost
every one of its competitors from LG to Samsung
are not dependent on their mobile business alone
to stay profitable.
When LG sells phones at a profit of 1.2
cents, it’s doing so because it sees the larger
implications of maintaining a market share in the
mobile space. The company realizes that a strong
mobile offering helps with its overall ecosystem
of products, but HTC has no such ecosystem.
Some phone manufacturers like Xiaomi sell
their phones almost at cost and then depend on
their app store for the majority of their revenues.
The fact is, of course, almost every other
manufacturer has some sort of ace in the hole.
Even Blackberry continues to trudge along in
some capacity because it has significant holdings
outside its mobile business. For HTC though,
there are no side businesses waiting in the wings
to offset its losses.
Attempts to diversify met with little success
It’s not as if HTC has not attempted to diversify,
it’s just that their attempts have thus far not
been what you would call a resounding success.
Take its $40 million investment in OnLive for
example. The company showed enormous
promise and HTC hoped the investment would
round out its mobile strategy. Instead HTC
had to book the entire amount as a loss when
OnLive went through corporate restructuring
in August 2012.
Other investments, almost $50 million in
Saffron Digital, an acquisition of Inquisitive
Minds for $13 million and an $18 million
investment in Dashwire all failed to mitigate
LG put their numbers at about 1.2 cents per
smartphone! The vast majority of the profits
in the smartphone industry (about 90%) is
captured by Apple with Samsung soaking up
most of what’s left.
Because of how the industry has come to
arrange itself, Android manufacturers build
hundreds of new phones every year for which the
Jason Fernandes
Tech commentator and the founder of SmartKlock.
HTC Corporation headquarters in Xindian, New Taipei City, Taiwan.
COURTESYOFWIKIPEDIA.ORG
3. Technology
58 | GlobeAsia September 2015
Assigning blame, and the road ahead
Wired published an article this August titled
“HTC’s Epic Tailspin Isn’t Even Its Fault,” where
they argue that because HTC innovated and put
out new phones with competitive features the
company couldn’t blame itself for its failure.
That’s a bit too charitable a view of HTC.
There’s quite a bit more to running a
company than putting out good products with
innovative features; strategic planning helps.
HTC should’ve seen the writing on the wall
earlier and discontinued all but an extremely
select group of core products. HTC’s situation
right now is a textbook case of a company failing
because it tried to be all things to all people
without the cash reserves that such an approach
would require.
HTC’s response to the crisis has been to
announce that it will trim its staff by 15%
to reduce costs. Unless trimming their staff
will also lead to a culling of the HTC cannon,
it’s highly doubtful that cost cutting alone is
going to solve this. Many a company (think
Apple in the 80s) has been saved by focusing
on a very limited set of products and ensuring
those products are the best they can be. This is
conceivably the best way forward for HTC.
They should shrink their mobile catalog
down to two or three devices. A high-end, a mid-
range and maybe a low-range. Because HTC is
best at making premium devices they ought to
focus on that, while also offering one mid- and
one low-range device at a competitive price to
lure price-conscious buyers in markets like India
and China.
The company will likely save quite a bit
on R&D and marketing costs once they cull
their catalog, and these savings can be put
towards lowering the price on whatever mid-
and low-range device they choose to offer
so that they can be competitive in this area
of the market as well.
HTC has a lot of fans and if it manages to
maintain its design DNA, their loyal following
will likely continue to buy devices the company
puts out. Cost-cutting can help, but HTC will
have to give some serious thought to their
strategic choices going forward and they have a
very limited window within which to fix this. In
other words, if HTC doesn’t shape up soon, their
products won’t ship out at all.
HTC’s losses. Not HTC’s fault perhaps, but poor
investment decisions have done the company
no favors.
Perhaps the greatest tragedy is what HTC’s
collapse does for the world of design. It’s no
secret that HTC as a corporate exudes great
design sense. The One series of phones, for
example, could easily go toe-to-toe with the
best in design. HTC alumni have gone on to
make their mark in excellent design -
the Gogoro scooter company was founded
by former HTC execs.
In fact, one of the most anticipated
smartphones in recent times is due to be
launched by Nextbit, again a company started
by HTC alumni, in this case the aforementioned
Scott Croyle, the former design chief at HTC.
It’s clear the loss of these executives was
a blow to HTC.
If HTC doesn’t shape up soon, their products
won’t ship out at all.
COURTESYOFHTC.COM
4. VOLUME 9 NUMBER 9 / SEPTEMBER 2015
Jokowi Reshuffles Cabinet: Injecting Urgency
A
A
S
I
INDONESIA’S NO 1 BUSINESS MAGAZINE EMBER 2015N VOLUME 9 NUMBER 9 / SEPPTETNO 1 BUSINESS MAGAZINE
RESOURCE KING
Singapore
Australia
Malaysia
Indonesia
Philippines
Thailand
Taiwan
Others
S$13.00
A$9.95
RM18.00
Rp50,000
P250
B210
NT$210
US$8
MICA (P) 142/10/2007
The Medan-born entrepreneur has
built a $10 billion global empire and
is now eyeing the energy sector
Sukanto Tanoto
RESOURCE KING
Fly with Pride
FOR READING ON
BOARD ONLY
5. A Media Holdings Publication6 | GlobeAsia September 2015
Columnists
16 Paulius Kuncinas
Philippines’ budget gives
boost to health sector
20 Steve Hanke
Instability in China
52 Jamil Maidan Flores
Iran makes a nuclear deal and
comes in from the cold
56 Jason Fernandes
They say bad news comes
in threes: After Nokia and
Blackberry, now it’s HTC’s turn
80 Scott Younger
Travel by train
82 Keith Loveard
The gengsi factor
contentsVOLUME 9 NUMBER 9 / SEPTEMBER 2015
COmpanies
40 Karuna Murdaya emerges with
Hinet 4G LTE
Karuna Murdaya, a scion of the Berca
Group, is attempting to muscle in on the
4G LTE market.
44 Beyond safety
Volvo Trucks invited GlobeAsia to explore
its factories, test drive its trucks and
witness the Volvo Ocean Race in the
marque’s home town.
48 NavAir: Tired guardian
of Indonesia’s skies
Special reports
60 New economic ministers, new hope
President Joko Widodo reshuffled his
cabinet in the hope of injecting some new
thinking and urgency in economic policy
making.
64 Mineral smelting: Slow progress
The ban on exports of unprocessed
mineral ores in January last year was
designed to encourage the development
of the smelting industry, but little progress
has been made.
68 Sectoral Snapshot: Tourism
70 Smart cities: Slowly getting smarter
Indonesian cities have started to introduce
Smart City concepts to better serve their
citizens but much work lies ahead.
44
86
74 Innovation nation
General Electric Indonesia hosted the GE
Garage to gather the nation’s ‘makers’ and
expose new equipment to help take their
innovations to the next level.
77 GE’s global talent search
Book review
86 Exploring new areas in the Indonesia-
India partnership
India’s ambassador to Indonesia aims to
bridge knowledge gaps between two of
Asia’s biggest economies with the launch
of the book Masala Bumbu: Enhancing the
India-Indonesia Partnership.
EVENT
89 Indian ambassador’s book launch
celebration
90 President awards Bintang Jasa
Utama medal to Lippo Group founder
Lippo Group founder Mochtar Riady has
been awarded the Bintang Jasa Utama
medal for his services to the country.
living the goodlife
100 Horses, watches and the good life
Longines invited GlobeAsia to experience
the good life in the idyllic French country-
side.
Back Page
104 Dutch Business Office
90
6. 8 | GlobeAsia September 2015
T
hese are challenging times
for Indonesia. Once again
the country finds itself
trapped in a vicious cycle of a
fast-depreciating currency, a
slowing economy and the threat of
corporate bankruptcies.
It seems as if the country has
gone back to the dark old days of
1998 when political paralysis and
economic crisis created a deadly
cocktail. For the first time in nearly
two decades, the rupiah is trading
at close to 14,000 to the US dollar.
The country’s fiscal position looks
shaky and banks are starting to
feel the heat of non-performing
loans.
President Joko Widodo has reshuffled
his cabinet and brought in two strong
technocrats to occupy key economic
portfolios. Both Tom Lembong, the new
Trade Minister, and Darmin Nasution, the
Coordinating Minister for Economic Affairs,
have strong credentials and are market-
friendly.
But the talk in the business and
banking community these days is centered
squarely on where the rupiah is heading.
It is conceivable that the currency will
depreciate further and possibly touch the
15,000 level against the greenback. If that
happens, all bets are off and Indonesia will
be in unknown territory.
At that level, capital will flee, banks will
collapse and companies will go bust. As in
1998, the economic dislocation will quickly
transition into financial dislocation and
ultimately social dislocation.
The country is not at that point yet.
And it can still prevent an economic and
financial meltdown if the government
changes both its rhetoric and its policy
direction.
For the past 10 months since President
Jokowi took office, the rhetoric and
economic policy have been driven by
nationalist sentiment. The government
has banned imports on a wide range of
Editor’s Note
Editorial
Editor in Chief
Shoeb Kagda
Managing Editor
Yanto Soegiarto
Deputy Editors
Muhamad Al Azhari
Editor at Large
John Riady
Senior Editor
Albert W. Nonto
Denverino Dante
Contributing Editors
Farid Harianto
Steve Hanke
Scott Younger
Contributors
Suryo Bambang Sulisto
Wijayanto Samirin
Frans Winarta
Jason Fernandes
John Denton
Special Columnist
Jamil Maidan Flores
Reporters
Vanesha Manuturi
Dion Bisara
Art, Design and Layout
Gimbar Maulana
Elsid Arendra
Agustinus W. Triwibowo
Nela Realino
Wulan Tagu Dedo
Rudi Pandjaitan
Senior Photographers
M. Defrizal
Suhadi
Production
Assistant
Danang Kurniadi
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Déjà vu
products; made it difficult for expatriates
to obtain work permits; closed off certain
sectors to foreign investors; forced all
transactions within the country to be
in rupiah only; and talked openly about
supporting only Indonesian products.
That has scared off investors; caused
prices of beef to skyrocket; squeezed
liquidity in the banking sector; and
brought manufacturing to a near standstill.
Consumption, the main driver of economic
growth over the past few years, is
contracting rapidly and even consumer
goods companies are reporting sharp falls
in sales.
All is not lost, however. If the
government can get its act together and
disburse funds for large infrastructure
projects, it can stave off economic
slowdown. If it changes its tone on foreign
investors and expatriates, it can win back
market confidence. If it finds a way to get
Indonesians to pay taxes without fearing
reprisals, it might be able to strengthen its
fiscal position.
It is clear that strong, decisive action is
needed. Indonesia’s long-term economic
potential remains intact but its short-term
outlook is filled with uncertainty.
Shoeb Kagda
Editor in Chief
shoeb@globeasia.com
DAVIDGITAROSA/IDPHOTO