{"id":145711,"date":"2018-11-02T23:24:06","date_gmt":"2018-11-02T16:24:06","guid":{"rendered":"https:\/\/setkab.go.id\/?p=145711"},"modified":"2018-11-05T15:28:50","modified_gmt":"2018-11-05T08:28:50","slug":"president-jokowi-urges-soes-to-rapidly-adapt-to-changes","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/","title":{"rendered":"President Jokowi Urges SOEs to Rapidly Adapt to Changes"},"content":{"rendered":"<div id=\"attachment_145713\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2.jpg\" rel=\"attachment wp-att-145713\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-145713\" class=\"size-medium wp-image-145713\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-300x206.jpg\" alt=\"President Jokowi accompanied by Cabinet Secretary Pramono Anung inspects facilities at the Telkom Hub, in Gatot Subroto, Jakarta, Thursday (1\/11). (Photo: JAY\/Public Relations)\" width=\"300\" height=\"206\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-300x206.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-150x103.jpg 150w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-768x528.jpg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-1024x704.jpg 1024w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-2-600x412.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-145713\" class=\"wp-caption-text\">President Jokowi accompanied by Cabinet Secretary Pramono Anung inspects facilities at the Telkom Hub, in Gatot Subroto, Jakarta, Thursday (1\/11). (Photo: JAY\/Public Relations)<\/p><\/div>\n<p>President Joko \u0091Jokowi\u0092 Widodo was happy knowing that three Indonesian State-Owned Enterprises (SOEs) are among 500 best companies in the world. The President expressed his hope that other SOEs can reach similar achievement. \u0093I will not announce the companies so they won\u0092t become superior because changes can happen in an instant and we must quickly adapt to them,\u0094 said President Jokowi in his remarks at the opening of the Telkom Hub, in Gatot Subroto, Jakarta, Thursday (1\/11).<\/p>\n<p>President Jokowi reminded that our world is filled with innovations.The rule that applies is no longer the strong defeats the weak or the giant defeats the dwarf, because small companies can grow into a big one, and weak companies can be stronger.<!--more--><\/p>\n<p>\u0093The rule applies today is the fastest defeats the slowest,\u0094 said President Jokowi while reminding SOEs to be cautious, because if they are slow time will tell.<\/p>\n<p>According to the President, changes happen rapidly. Therefore, he urged the SOEs to quickly response and adapt to every change.<\/p>\n<p>\u0093It\u0092s no longer asset heavy, but asset light. I think all SOEs\u0092 officials already know this. You can\u0092t brag on the assets you have because today the most important thing is brand value,\u0094 said President Jokowi.<\/p>\n<p>There are only two options: to create innovations or to be left behind. \u0093Innovate or left behind, that\u0092s all. Because changes are rapid, and soon it will be faster,\u0094 he said.<\/p>\n<p>The President also reminded that this is not the time to just sit around and feel comfortable. Changes will grind companies that are not cautious in responding to these changes.<\/p>\n<p>\u0093Once again, I want all SOEs to move, respond, and adapt rapidly.Now is the time for them to be more flexible. Decisions need to be made quickly as well as accurately and they must grab the opportunities,\u0094 President Jokowi further said.<\/p>\n<p>Earlier in his remarks, President Jokowi stated that major companies in the world change so quick. 11 years ago, 10 major companies based on their market capitalization value, were: from oil and gas sector: ExxonMobil, Royal Dutch Shell, and Petrochina; from financial sector: ICBC, Citigroup, and Bank of America; from manufacture sector: the General Electric; from telecommunications sector: AT&amp;T and China Mobile; and from technology sector: Microsoft.<\/p>\n<p>In 2017, the composition had changed. Now, 10 major companies based on their market capitalization value are: from technology sector: \u00a0Apple, Alphabet, Microsoft, Facebook and Tencen; from e-commerce sector: Amazon \u00a0and Alibaba; from financial sector: Berkshire Hathaway; from pharmaceutical sector: Johnson &amp; Johnson; and from oil and gas sector: ExxonMobil.<\/p>\n<p>Also attending this event were\u00a0 Minister of State-Owned Enterprises Rini Soemarno, Cabinet Secretary Pramono Anung, Minister of Tourism Arief Yahya, Head of Creative Economy Agency (BEKRAF) Triawan Munaf, and PT Telkom officials. <strong>(FID\/JAY\/ES)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Translated by: Harli Yudha Pratama<br \/>\nEdited by: Mia Medyana Bonaedy<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u0091Jokowi\u0092 Widodo was happy knowing that three Indonesian State-Owned Enterprises (SOEs) are among 500 best companies in the world. The President expressed his hope that other SOEs can reach similar achievement. \u0093I will not announce the companies so they won\u0092t become superior because changes can happen in an instant and we must quickly [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":145714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-145711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Jokowi Urges SOEs to Rapidly Adapt to Changes - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi Urges SOEs to Rapidly Adapt to Changes - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u0091Jokowi\u0092 Widodo was happy knowing that three Indonesian State-Owned Enterprises (SOEs) are among 500 best companies in the world. The President expressed his hope that other SOEs can reach similar achievement. \u0093I will not announce the companies so they won\u0092t become superior because changes can happen in an instant and we must quickly [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-02T16:24:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-05T08:28:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3597\" \/>\n\t<meta property=\"og:image:height\" content=\"2472\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"President Jokowi Urges SOEs to Rapidly Adapt to Changes\",\"datePublished\":\"2018-11-02T16:24:06+00:00\",\"dateModified\":\"2018-11-05T08:28:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\"},\"wordCount\":509,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-3.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\",\"url\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\",\"name\":\"President Jokowi Urges SOEs to Rapidly Adapt to Changes - Sekretariat Kabinet Republik Indonesia\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-3.jpg\",\"datePublished\":\"2018-11-02T16:24:06+00:00\",\"dateModified\":\"2018-11-05T08:28:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-urges-soes-to-rapidly-adapt-to-changes\/#primaryimage\",\"url\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-3.jpg\",\"contentUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/11\/The-Telkom-Hub-3.jpg\",\"width\":3597,\"height\":2472,\"caption\":\"President Jokowi accompanied by Cabinet Secretary Pramono Anung inspects facilities at the Telkom Hub, in Gatot Subroto, Jakarta, Thursday (1\/11). 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