Niluh Djelantik Designer Part of Tanoto Entrepreneurship Series

 In late 2014, the Tanoto Entrepreneurship Series once again hosted businesspeople who have distinguished themselves by their success in Indonesia. A project funded by the nonprofit Tanoto Foundation in partnership with the economics faculty at Universitas Indonesia, the lecture series has previously drawn luminary speakers such as Indonesia’s recently elected president, Joko Widodo. As part of the Tanoto Foundation’s goals of supporting individual entrepreneurial development and public education programs, the series strives to offer students practical knowledge based on the experiences of well-known businesspeople.

Niluh Putu Ary Pertami, the designer and creative director behind the luxury footwear brand Niluh Djelantik, joined Garuda Food CEO Sudhamek AWS to take turns at the podium. Niluh, whose brand is now available in fashionable European retail outlets, gained her love for style early in life. During her youth on the island of Bali, her family was not wealthy, and her mother routinely bought Niluh’s school uniforms and shoes several sizes too big, in order to economize the cost over several years’ growth. However, her mother also encouraged her ambitions, and sent Niluh to study business in Indonesia’s capital city of Jakarta. There, the young entrepreneur learned organizational and professional skills through both study and practical, on-the-job training.

Niluh Djelantik Shoes
Niluh Djelantik Shoes

Her lecture to the Tanoto group of student entrepreneurs focused on her experience as the head of a brand that it took her a decade to launch from one small local manufacturing shop onto the international stage. She believes in seizing opportunities as they arise and dedicating constant attention to improvement and innovation.

Sukanto Tanoto’s RGE Group of corporations, through its founder’s vision and dedication, has earned a significant share of the world’s business in energy development, palm oil and wood pulp production, and other manufacturing industries. Mr. Tanoto’s personal and professional focus on constant analysis, development, and innovation echoes the themes in Niluh’s address to the students. Through the Tanoto Entrepreneurship Series, he hopes to continue to assist emerging young business leaders with their efforts to drive economic and social growth in Indonesia.

Tanoto Entrepreneurship Series Features Sudhamek AWS

The Tanoto Entrepreneurship Series, funded by the Tanoto Foundation in collaboration with the economics faculty of Universitas Indonesia, aims to be a strong weapon in the fight against poverty in the Southeast Asian nation by providing education and support for student entrepreneurs. This lecture series engages distinguished entrepreneurs as guest speakers to address the practical needs of today’s students and emerging business professionals. Through the generosity of Indonesian-born entrepreneur Sukanto Tanoto, the series has hosted guests that include current Indonesian president Joko Widodo.

The most recent lecture series, held in Jakarta in October 2014, featured presentations from two well-regarded names in Southeast Asian business: Sudhamek AWS, the chief executive officer of Garuda Food, and Niluh Putu Ary Pertami, creative director of the Indonesian shoe brand Niluh Djelantik. The two successful businesspeople shared their secrets and their insights with the Tanoto Entrepreneurship Series’ graduate program students and recipients of Tanoto Foundation educational scholarships.

Sudhamek AWS offered information based on his experiences heading one of the region’s best-known food brands. Given the fact that Indonesia’s infrastructure still needs to make substantial progress before it can facilitate consistent delivery of goods and services, he has faced major obstacles in implementing his corporate strategy. Nevertheless, he believes that dedication to hard work and constant learning are necessary keys to success. Sudhamek praised the Tanoto Entrepreneurship Series as a means for business leaders to share their own early struggles in a way that will make the road easier for those who follow.

Sukanto Tanoto himself serves as an illustration of Sudhamek’s ideas. As a self-made entrepreneur who has pursued a lifelong course of formal and self-directed education, Mr. Tanoto places great value on learning. Through the Tanoto Foundation and its Entrepreneurship Series, he hopes to share the insights he and other leaders have gained, in order to support the efforts of everyone who has the potential to assist the economic growth of Indonesia.

 

Sudhamek AWS (2nd from L) with Imelda Tanoto at Tanoto Entrepreneurship Series 2014
Sudhamek AWS with Imelda Tanoto at Tanoto Entrepreneurship Series 2014

Tanoto Entrepreneurship Series Supports Students’ Business Endeavors

Sukanto Tanoto is proud of his history as a self-made entrepreneur. The Indonesian-born son of Chinese immigrant parents, he grew up in modest circumstances helping out in his father’s business. While still a young man, Sukanto Tanoto built on his father’s small company, learned everything he could about business practices and methods, and made shrewd strategic moves that earned him success. Now, Mr. Tanoto is among Indonesia’s richest individuals. He heads the RGE Group of companies, which he has grown over the years to a total worth of approximately $15 billion. By utilizing his philosophy of diversification and practicing wise stewardship of corporate and environmental resources, Mr. Tanoto has managed to weather multiple international business storms.

He concentrates on giving back to the struggling students of today through the Tanoto Entrepreneurship Series, held in collaboration with the Magister Management Program within the economics faculty at Universitas Indonesia – Tanoto Entrepreneurship Series 2014. The series brings successful entrepreneurs to present public lectures to a wide audience of students and would-be businesspeople. Through these talks, aspiring young entrepreneurs can begin to understand the entrepreneurial mindset, gain practical advice on starting and running their own businesses, and forge connections with notable leaders in a variety of fields. Among the past lecturers in the series is Indonesia’s newly elected president, Joko Widodo.

Imelda Tanoto at Tanoto Entrepreneurship Series 2014
Imelda Tanoto at Tanoto Entrepreneurship Series 2014

Currently, the percentage of Indonesia’s population working as entrepreneurs is about 2 percent. Studies point to the fact that, if a nation is to boost its economic growth, that is the bare minimum level of entrepreneurial experience necessary. Sukanto Tanoto believes that starting out young enables an entrepreneur to approach problems and challenges with a fresh outlook, large reserves of energy, and the free time necessary to create truly innovative solutions. By beginning his own entrepreneurial life so young, he believes that he was able to develop positive habits, such as resilience and determination, that fueled his later success.

In order to further the goals of individual students, as well to assist his entire country in alleviating the problem of poverty, Mr. Tanoto is pleased to offer the lecture series and associated educational funding and scholarships.

To watch more about the Tanoto Entrepreneurship Series, please click here.

Sukanto Tanoto – The Roots of a Self-Made Entrepreneur

Indonesian businessman Sukanto Tanoto, ranked among the richest individuals in his country, learned from an early age to prioritize hard work, responsibility, and charity. The son of Chinese-born parents who immigrated to Indonesia, Mr. Tanoto started off in business selling plywood products through his RGM company in the early 1970s. Now known as RGE Group, his $15 billion corporate family encompasses oil and natural gas products, as well as pulp and paper, palm oil, and a range of other agribusiness concerns.

Sukanto Tanoto’s father relocated from China’s Fujian Province to Medan, Indonesia, and began operating a small family business that sold the spare parts needed by oil and gas companies. Sukanto Tanoto, the eldest of nine children, was born the year his father went into business in Indonesia. From an early age, he assisted his father in the shop. By the time he turned 17, the young Sukanto Tanoto had to drop out of school to take over the business due to his father’s illness. Even so, the value of a good academic and practical education has been one of the driving forces of Mr. Tanoto’s life. He has continued on a journey of lifelong self-education in business and other fields. He has additionally taken high-level courses at The Wharton School of the University of Pennsylvania.

Young Sukanto Tanoto
Young Sukanto Tanoto

Building on his father’s experiences, the young Sukanto Tanoto developed an eye for detecting lucrative streams of income. From a staff of four, including himself, he grew the family’s spare parts business into a company with capital of $1 million inside of three years. His smart business sense led his company to take advantage of the growing demands on Indonesia’s oil industry during the global energy crisis of the early ‘70s. By his mid-20s, he had earned in excess of $10 million and controlled an international corporation.

Not content to confine his interests to a single commodity so dependent on the whims of the market, Mr. Tanoto went on to expand into timber products and palm oil production, often against conventional business wisdom in Indonesia. Although an old saying describes immigrant Chinese families’ limited business activities with the “three knives” metaphor—knives of the kitchen, tailor, and hairdresser—Sukanto Tanoto has developed his own business concerns in several sectors of the economy, and has expanded his generation’s ideas of what immigrant families can accomplish.

Sukanto Tanoto – Sustainable Entrepreneurship for the 21st Century

Sustainable Palm Oil

Sukanto Tanoto, who directs the work of multiple companies under the $15 billion corporate umbrella of the RGE Group, is an Indonesian-born entrepreneur who worked his way to success through his determined efforts and dedication to constant education and self-improvement. Mr. Tanoto continues to emphasize these values throughout his businesses and the philanthropic work of the Tanoto Foundation, which aims to provide educational assistance and to empower workers, students, and others in Indonesia, Singapore, China, and beyond Southeast Asia. In addition, he maintains a strong focus on the long-term sustainability of his companies and the communities in which they do business.

 

Sustainable Palm Oil

Sukanto Tanoto believes that environmental sustainability and a focus on the needs of all stakeholders are essential to long-term profitability and good corporate citizenship. His company Asian Agri, which is based in Indonesia, maintains facilities in three locations on Sumatra, partnering with local smallholder farmers to manage some 60,000 hectares of palm oil plantation land. One of the country’s largest such operations, Asian Agri, works to harvest its palm oil product in a manner that supports the conservation of the environment and empowers local farmers, as well as other considerations of the greater social welfare.

Under Sukanto Tanoto’s leadership, Asian Agri has delivered numerous economic, social, and educational benefits to its nearly 30,000 partner smallholder families. In addition, Mr. Tanoto has worked directly with Amanah, a smallholder palm farmer group, assisting members in earning certification in sustainability practices. In 2013, due to his support, Amanah became the first organization of Indonesian smallholders to receive such certification.

Recently, in an effort to encourage sustainable palm production among farmers, Asian Agri shared premiums or extra proceeds from exports totaling $220,000 with the representatives of Village Unit Cooperatives (KUD) in the Jambi and Riau provinces. The products produced through these farming methods have been well-received in the international markets.

Freddy Wijaya, general manager of Asian Agri, said that farmers have been encouraged to plant sustainable palm not only for the opportunity to obtain premiums, but also to achieve long-term sustainability.

European countries tend to favor sustainable palm oil because the production process does not cause environmental damage. Farmers have found more market certainty in Europe, where they have a wider margin and can cover greater production costs.

International authorities, writing in peer-reviewed journals, have described this type of sustainability entrepreneurship as providing responsible stewardship of resources, as well as long-term opportunities for worker advancement, in addition to the traditional entrepreneurial emphasis on profits. A concentration on sustainability also tends to drive companies in the positive direction of increased innovation in products, processes, and services.

Jusuf Kalla’s Statements during Tanoto Entrepreneurship Series 2013 Part 2

Following from the previous post, Jusuf Kalla also mentioned about the importance of building a good relationship between the business and the communities they operate in. Businesses can run smoothly and successfully only when it provides benefits to the communities. This is a two-way relationship because the communities they operate in have to respond positively to the daily operations of the business. What Jusuf Kalla shared is aligned with RGE’s 3Cs: a business must be good for the Country, Community and Company. RGE was founded by Sukanto Tanoto and as the Chairman of the group, he has a philosophy that he strongly believes in: once your business reaches a certain size, you cannot just take care of your company, but must also take care of the community.

Jusuf Kalla mentioned that a business has to determine the type of relationship they want to establish with the communities right from the start of their operations. He also mentioned that some companies have already done so, for example the companies under RGE, have been actively involving the community in their Corporate Social Responsibility programme. More than the companies, Sukanto Tanoto also founded the Tanoto Foundation with his wife, Tinah Bingei Tanoto, in order to specialize in the area of charity and philanthropy. Eventually a business depends on people to buy their products and services. It is therefore important to develop the people and community that the business serves in.

In the recent Indonesia Presidential Elections 2014, Jusuf Kalla ran for the Vice-President position and was paired with Jokowi, who ran for the Presidency title. The pair won the elections eventually and given Jusuf Kalla’s statements mentioned during the Tanoto Entrepreneurship Series 2013, we can safely say that he will continue to encourage businesses to be more active in community outreach and support programs, as well as emphasise the importance of business and community partnership to strengthen and improve both the corporations and community in the long run.

Sukanto Tanoto – Indonesia’s Seventh Richest Businessperson

Royal Golden Eagle’s Desires to Go Green

With the stack of complaints and protests from people and the society in Indonesia due to the company’s operation that allegedly damages the environment, Anderson Tanoto, the next-generation leader of the company stated the company’s intention to work on the issue. This future leader of Tanoto’s business empire gives hope to the Sumatran environment by taking different approach to the environmental concerns that have long overshadowed the family’s business.

Commitment for the environment

Anderson Tanoto, 24, is now pledging the long-term commitment of the company towards Indonesia’s environment. He stated his willingness to reset the company’s relationship with the green activists who have protested and criticized the company’s practice in pulp and paper business sector. In a gathering held July 2013 in Kerinci, Riau, Anderson told the media about the importance to give second generation leaders an aspiration to become more interactive and value the role of environment while keep the business running. It is also one of the ways towards a better world.

RGE to be More Transparent

Tanoto’s businesses have suffered lots of accusations when it comes to environmental matters. The youngest son of Sukanto Tanoto is currently serving as an assistant manager at Asia Pacific Resources International Limited (APRIL), which focuses on pulp and paper production.

In accordance to his statement, some business analysts said that Anderson is the favorite successor to continue Tanoto’s family business by widening the business focuses from pulp and paper to agriculture. As we already know, the pulp and paper business has become a regular object for the green activists to voice their protest because its business activities considered damaging the environment, due to the massive deforestation in order to get the primary materials for the production.

However, instead of remaining silent, Anderson took the chance to speak up about the company’s intention to fix the relationship, and avoid pointing fingers at the campaigners. The company has also prepared budget for Kampar restoration for about $17 million.

Sukanto Tanoto – Indonesia’s Seventh Richest Businessperson

Sukanto Tanoto – Indonesia’s Seventh Richest Businessperson

Being successful in establishing and managing his business kingdom, Sukanto Tanoto, the chairperson of Raja Garuda Mas (RGM) is listed in the Indonesia’s richest tycoon. According to Forbes magazine, by 2012, Sukanto ranks the seventh as the richest businessperson with assets more than US $2.8 billion or equal to Rp 26.6 trillions. Although his net asset has fallen by $500 million from 2011, Sukanto is still capable of recording fantastic revenue values, derived from his companies.

Beginning of career as businessman

The decrease was mostly due to the low estimated profit margin at one of his companies, Asia Pacific Resources International Limited (APRIL). With his assets, Sukanto Tanoto also sits in the 503rd wealthiest person in World Billionaires List. Born in Medan, North Sumatra, Indonesia, Sukanto Tanoto accumulated his assets, worth of US $2.8 billions, through some of his companies with offices in some areas in Indonesia and abroad, including in Singapore, Jakarta, Hong Kong, Beijing, and Nanjing.

Starting his career as an underdog, Sukanto Tanoto continued his family business at the age of 17 by supplying spare parts to the oil companies and construction industries. After the death of his father, he took over the family business and managed to establish the main and foremost pulp and paper company in Asia. Not only that, Sukanto also managed to make his company enter the New York Stock Exchange, which makes it such an extraordinary achievement. His companies are playing in various sectors at the present, such as palm oil, paper, construction, and energy resources.

Lots of Hardship, Lots of Gain

Mr. Tanoto is capable to reach his position today through hardships and hard works. His mother’s strong character is the one that helped shape his character and led him to become a decisive businessperson today. In addition, Sukanto Tanoto also has a great willingness to help the community by establishing Tanoto Foundation, which focuses on the development of human resources in Indonesia.