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PARA GROUP
Menara Bank Mega, 24th Fl
Jl. Kapt P Tendean Kav. 12 - 14A
Jakarta 12790
Ph : + 62–21 - 7917 5533
Fax : + 62–21 - 7919 3300
Web : www.paragroup.com
Entrepreneurship Experience of Chairul Tanjung
20 October 2010
page 1
• Transformation of CT Corp – 30 years journey
• Key unique strengths of CT Corp
• Leadership
• Values
• Culture
• Synergy
• People
DIVERSIFIED
BUSINESS
GROUP
LARGEMEDIUM
page 2
CT Corp’s successful transformation from small to a large diversified
business group…
SMALL
Business
#Employee
• Medical &
Dental Supply
• Used Car
Trading
• Contractor
• License
services
• Slippers &
Shoes
• Steel roofing
factory
• Real Estate
• Para Multi
Finance
• Para Multi
Finance
• Bank Mega
• Mega Capital
• Real estate
• Bandung
Supermal
• Bank Mega, Bank
Mega Syariah
• PMF, MAF, MCF
• Mega Capital
• Megalife, AUM
• Trans TV, Trans|7
• Carrefour
• Metro
• Trans Fashion
• Trans F&B
• Trans Studio
• CT Agro, etc
Business
sector
• Trading • Manufacturing
• Financial
Services
• Financial
Services
• Real Estate
• Financial Services
• Media, Retail,
Lifestyle,
Entertain ment
• Natural Resources
< 5,000 > 60,000
1984 - 1987 1987 - 1996 1996 - 2000 2000 - now
INFORMAL
1981 - 1984
• Trading in
campus (e.g.
Photocopy)
100 - 5001 - 10None
• Trading
page 3
… can be characteriz ed by leadership and entrepreneurial
transformation during time
Leadership
Style
Talent Focus
• Doing with
some help
Entre-
preneurship
approach
• Indonesia losing
its
competitiveness in
manufacturing to
China and other
countries  shift
focus to financial
services
• Indonesia’s
Consumer
buying power
will grow  CT
Corp became
Consumer
Focused Group
• Hire experienced
talent for top
management (e.g.
Bank Mega)
• Mass recruitment
of fresh graduate
• Coaching
• Delegating
• Governance
• Grooming internal
leadership (e.g. Trans
TV)
• Hire global
experienced talent for
top management and
specialist positions
• Vision
• Values
• Governance
• Micro
opportunity
driven  CT
Corp focused
on
manufacturing
business
• Doing
everything
by myself
• Directive
• Doing
DIVERSIFIED
BUSINESS
GROUP
LARGEMEDIUMSMALL
1984 - 1987 1987 - 1996 1996 - 2000 2000 - now
INFORMAL
1981 - 1984
• Started up with
trading
businesses
page 4
• Transformation of CT Corp – 30 years journey
• Key unique strengths of CT Corp
• Leadership
• Values
• Culture
• Synergy
• People
Unique differentiators that drive business performance in CT Corpora
page 5
(1)
LEADERSHIP
(2)
VALUES
(4)
SYNERGY
(5)
PEOPLE
(3)
CULTURE
CT Corp continues to evolve, however, the following provide the unique
competitive advantage for our businesses
Leadership – A symbol of ambition and transformation
page 6
 Forward-looking and identify macro trends
 Have a bold vision and communicate the vision
 An organization that ‘goes beyond’ the
competition and has strong foundations
 Courage to change with time, and transform at
the right time
 Focus on integrity and not short-term benefits
 Transparent and enforce ethos of knowledge
sharing
LEADERSHIP VALUES
SYNERGY PEOPLE
CULTURE
Values – Ethos of performance and purpose
page 7
 Core foundational beliefs:
• Start everything with good intention / faith
• Work hard work smart, always think outside the
bo x
• Result will come from God
 Believe in the country and become symbol of
new Indonesia
 Make a difference and have higher purpose.
Responsible to the nation, stakeholders and
e mployees
LEADERSHIP VALUES
SYNERGY PEOPLE
CULTURE
Culture – A place of growth and accomplishment for all
page 8
 Doing business with integrity and become role
model for other businesses
 Conducive working environment where
e mployees are encouraged to take risks
 Transparent and KPI-based manage ment
 Racial and cultural neutrality where all
e mployees are equal and recognized for their
contribution
LEADERSHIP VALUES
SYNERGY PEOPLE
CULTURE
Synergy - A company where one plus one equals four
page 9
 Working towards a future where the business
portfolio works together for a greater impact
 No new businesses will be added into the
portfolio if they are not able to realize synergy
 Skill of connecting people, capital, ideas and
opportunities across the business portfolio
LEADERSHIP VALUES
SYNERGY PEOPLE
CULTURE
People - A company of humans for humans
page 10
 Entrepreneurial and results-oriented where top
performers are directly rewarded for bottom-
line impact
 Dedication in grooming talents, especially the
ne xt generations of Indonesians
 Shared pride for the company and country
 Passionate, hardworking and smart individuals
LEADERSHIP VALUES
SYNERGY PEOPLE
CULTURE

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Chairul Tanjung: transformasi 30 tahun - enterpreneurship experience

  • 1. PARA GROUP Menara Bank Mega, 24th Fl Jl. Kapt P Tendean Kav. 12 - 14A Jakarta 12790 Ph : + 62–21 - 7917 5533 Fax : + 62–21 - 7919 3300 Web : www.paragroup.com Entrepreneurship Experience of Chairul Tanjung 20 October 2010
  • 2. page 1 • Transformation of CT Corp – 30 years journey • Key unique strengths of CT Corp • Leadership • Values • Culture • Synergy • People
  • 3. DIVERSIFIED BUSINESS GROUP LARGEMEDIUM page 2 CT Corp’s successful transformation from small to a large diversified business group… SMALL Business #Employee • Medical & Dental Supply • Used Car Trading • Contractor • License services • Slippers & Shoes • Steel roofing factory • Real Estate • Para Multi Finance • Para Multi Finance • Bank Mega • Mega Capital • Real estate • Bandung Supermal • Bank Mega, Bank Mega Syariah • PMF, MAF, MCF • Mega Capital • Megalife, AUM • Trans TV, Trans|7 • Carrefour • Metro • Trans Fashion • Trans F&B • Trans Studio • CT Agro, etc Business sector • Trading • Manufacturing • Financial Services • Financial Services • Real Estate • Financial Services • Media, Retail, Lifestyle, Entertain ment • Natural Resources < 5,000 > 60,000 1984 - 1987 1987 - 1996 1996 - 2000 2000 - now INFORMAL 1981 - 1984 • Trading in campus (e.g. Photocopy) 100 - 5001 - 10None • Trading
  • 4. page 3 … can be characteriz ed by leadership and entrepreneurial transformation during time Leadership Style Talent Focus • Doing with some help Entre- preneurship approach • Indonesia losing its competitiveness in manufacturing to China and other countries  shift focus to financial services • Indonesia’s Consumer buying power will grow  CT Corp became Consumer Focused Group • Hire experienced talent for top management (e.g. Bank Mega) • Mass recruitment of fresh graduate • Coaching • Delegating • Governance • Grooming internal leadership (e.g. Trans TV) • Hire global experienced talent for top management and specialist positions • Vision • Values • Governance • Micro opportunity driven  CT Corp focused on manufacturing business • Doing everything by myself • Directive • Doing DIVERSIFIED BUSINESS GROUP LARGEMEDIUMSMALL 1984 - 1987 1987 - 1996 1996 - 2000 2000 - now INFORMAL 1981 - 1984 • Started up with trading businesses
  • 5. page 4 • Transformation of CT Corp – 30 years journey • Key unique strengths of CT Corp • Leadership • Values • Culture • Synergy • People
  • 6. Unique differentiators that drive business performance in CT Corpora page 5 (1) LEADERSHIP (2) VALUES (4) SYNERGY (5) PEOPLE (3) CULTURE CT Corp continues to evolve, however, the following provide the unique competitive advantage for our businesses
  • 7. Leadership – A symbol of ambition and transformation page 6  Forward-looking and identify macro trends  Have a bold vision and communicate the vision  An organization that ‘goes beyond’ the competition and has strong foundations  Courage to change with time, and transform at the right time  Focus on integrity and not short-term benefits  Transparent and enforce ethos of knowledge sharing LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  • 8. Values – Ethos of performance and purpose page 7  Core foundational beliefs: • Start everything with good intention / faith • Work hard work smart, always think outside the bo x • Result will come from God  Believe in the country and become symbol of new Indonesia  Make a difference and have higher purpose. Responsible to the nation, stakeholders and e mployees LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  • 9. Culture – A place of growth and accomplishment for all page 8  Doing business with integrity and become role model for other businesses  Conducive working environment where e mployees are encouraged to take risks  Transparent and KPI-based manage ment  Racial and cultural neutrality where all e mployees are equal and recognized for their contribution LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  • 10. Synergy - A company where one plus one equals four page 9  Working towards a future where the business portfolio works together for a greater impact  No new businesses will be added into the portfolio if they are not able to realize synergy  Skill of connecting people, capital, ideas and opportunities across the business portfolio LEADERSHIP VALUES SYNERGY PEOPLE CULTURE
  • 11. People - A company of humans for humans page 10  Entrepreneurial and results-oriented where top performers are directly rewarded for bottom- line impact  Dedication in grooming talents, especially the ne xt generations of Indonesians  Shared pride for the company and country  Passionate, hardworking and smart individuals LEADERSHIP VALUES SYNERGY PEOPLE CULTURE