Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up
to US$40 million on a proposed coal-blending facility in Cilegon,
Banten.
The facility is planned to have a production capacity of
10 million tons per year, and will be situated inside the state-run
Krakatau Steel industrial complex.
Petrocom director and chairman
Howard Au said Friday in Cilegon that the facility would generate coal
to specifications in line with customers’ needs.
Friday, November 11, 2011
New Deputy Governor will be test in December
House of Representatives Commission XI says that it will begin running
fit and proper tests on Bank Indonesia (BI) deputy governor candidates
in early December.
“Around that time we will hold a fit and proper test for Bank Indonesia deputy governor candidates,” commission XI deputy chief Harry Azhar Azis said Friday, as quoted by tribunews.com.
The House is looking to select two people to fill two BI deputy governor posts. The first one was left empty by the late Budi Rochadi, who died in July 2011. The other post is currently occupied by Muliaman D Hadad, who will soon meet the end of his term.
Two people who will compete to replace Budi are Perry Warijo and Ronald Waas, both currently acting as Bank Indonesia directors.
The other posts will either be retained by current deputy governor Muliaman or be filled by Riswinandi, who is the deputy executive director of Bank Mandiri.
“Around that time we will hold a fit and proper test for Bank Indonesia deputy governor candidates,” commission XI deputy chief Harry Azhar Azis said Friday, as quoted by tribunews.com.
The House is looking to select two people to fill two BI deputy governor posts. The first one was left empty by the late Budi Rochadi, who died in July 2011. The other post is currently occupied by Muliaman D Hadad, who will soon meet the end of his term.
Two people who will compete to replace Budi are Perry Warijo and Ronald Waas, both currently acting as Bank Indonesia directors.
The other posts will either be retained by current deputy governor Muliaman or be filled by Riswinandi, who is the deputy executive director of Bank Mandiri.
BMW's Mini Outlet will be open in Jakarta
BMW Group Indonesia opened on Friday MINI Obsession, an exclusive space
for everyone wishing to experience the unique values of MINI, at the fX
lifestyle X'nter in Senayan, Jakarta.
"MINI Obsession is a creative and stimulating place designed for those who live, love
and breathe the brand," BMW Group Indonesia president director Ramesh Divyanathan
said during the opening.
MINI Obsession comprises several areas in which the brand can be experienced, including a corner that provides MINI models with special features, colors and textures, as well as a "Say it with MINI" corner designated for visitors to take photos with various MINI models.
"MINI Obsession also provides services for prospective customers to purchase a MINI," said Helena Abidin, BMW Group Indonesia director of corporate communications.
Divyanathan added that the company was planning to open a full MINI outlet in Jakarta next year.
He said that the company had received more than 120 customer orders since MINI had been launched in July.
"We have begun gradually delivering the units to owners starting in early November,"
he said, adding that 30 percent of the orders were for the MINI Cooper S Cabrio.
MINI models available in Indonesia include the MINI Cooper Hatch, the MINI Cooper S
Hatch, the MINI Cooper S Cabrio and the MINI John Cooper Works Hatch, offered at prices of Rp 449 million (US$49,839), Rp 549 million, Rp 619 million and Rp 689 million respectively.
The company has targeted the sale of 200 to 300 MINIs next year, according to Divyanathan.
(Jakarta Post, Friday, November 11st 2011)
"MINI Obsession is a creative and stimulating place designed for those who live, love
and breathe the brand," BMW Group Indonesia president director Ramesh Divyanathan
said during the opening.
MINI Obsession comprises several areas in which the brand can be experienced, including a corner that provides MINI models with special features, colors and textures, as well as a "Say it with MINI" corner designated for visitors to take photos with various MINI models.
"MINI Obsession also provides services for prospective customers to purchase a MINI," said Helena Abidin, BMW Group Indonesia director of corporate communications.
Divyanathan added that the company was planning to open a full MINI outlet in Jakarta next year.
He said that the company had received more than 120 customer orders since MINI had been launched in July.
"We have begun gradually delivering the units to owners starting in early November,"
he said, adding that 30 percent of the orders were for the MINI Cooper S Cabrio.
MINI models available in Indonesia include the MINI Cooper Hatch, the MINI Cooper S
Hatch, the MINI Cooper S Cabrio and the MINI John Cooper Works Hatch, offered at prices of Rp 449 million (US$49,839), Rp 549 million, Rp 619 million and Rp 689 million respectively.
The company has targeted the sale of 200 to 300 MINIs next year, according to Divyanathan.
(Jakarta Post, Friday, November 11st 2011)
Thursday, November 10, 2011
Blue Ocean vs Red Ocean Strategy
| Red Ocean Strategy | Blue Ocean Strategy |
|---|---|
| Compete in existing market space. | Create uncontested market space. |
| Beat the competition. | Make the competition irrelevant. |
| Exploit existing demand. | Create and capture new demand. |
| Make the value-cost trade-off. | Break the value-cost trade-off. |
| Align the whole system of a firm’s activities with its strategic choice of differentiation or low cost. | Align the whole system of a firm’s activities in pursuit of differentiation and low cost. |
Blue Ocean Strategy
Blue Ocean Strategy is a business strategy book first published in 2005 and written by W. Chan Kim and Renée Mauborgne of The Blue Ocean Strategy Institute at INSEAD. The book illustrates what the authors believe is the high growth and profits an organization can generate by creating new demand in an uncontested market space, or a "Blue Ocean", than by competing head-to-head with other suppliers for known customers in an existing industry.
Blue Ocean Strategy vs Competition based strategies
Kim and Mauborgne argue that while traditional competition-based strategies (red ocean strategies) are necessary, they are not sufficient to sustain high performance. Companies need to go beyond competing. To seize new profit and growth opportunities they also need to create blue oceans.[5]
Blue Ocean Strategy vs Competition based strategies
Kim and Mauborgne argue that while traditional competition-based strategies (red ocean strategies) are necessary, they are not sufficient to sustain high performance. Companies need to go beyond competing. To seize new profit and growth opportunities they also need to create blue oceans.[5]
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