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Entrepreneurship Experience of Chairul Tanjung
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