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View all search resultsOrganizational impact outlasts economic policies
Successful CEOs are leaders who concentrate on culture, inspiring practical change at the operational level. They shape the company’s culture and promote a new identity or image of the entire organization.
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Successful CEOs are leaders who concentrate on culture, inspiring practical change at the operational level. They shape the company’s culture and promote a new identity or image of the entire organization. (Shutterstock/File)
I
n 1995, the economic size of the G7 countries was twice the size of seven emerging countries: China, India, Indonesia, Russia, Brazil, Turkey and Mexico.
Today, the two groups are almost equal. A study by PwC suggests that 25 years from now, the economic size of these seven emerging countries could be twice that of the G7 countries.
By 2050 the seven emerging countries would make up almost half of the world economy, and Indonesia would be the fourthlargest economy in the world, behind the United States, India and China.
Indonesia is now strategically placed to achieve substantial economic growth. In the next decade, production and distribution processes in our economy will reach a massive scale, and it is crucial to establish the infrastructure networks that will sustain this significant growth.
So far, the government has completed various infrastructure projects, and one might argue that President Joko “Jokowi” Widodo is the most successful leader in transforming the logistics sector that had been stagnant for decades.
He improved the average port dwell time from six days to three days, and the government aims to bring it down further, to two days.
That is truly a remarkable objective, but it would still render Indonesia’s port services uncompetitive in the region. On average, Singapore achieves 32 hours of dwell time, Thailand 28 hours, Hong Kong 18 hours and Tokyo as little as 12 hours.
