• 2 years of Accenture : Key Learnings
    Marking my 2 years in Accenture, I’d like to share what I have learned so far in my career in Accenture. I started off as a Management Consultant in Indonesia’s Finance & Enterprise Value practice. Then I moved to the Indonesia’s Resources industry-focused practice, and now I’m in Malaysia’s Resources CFO & Enterprise Value practice. So far, I’m delighted to say that although I’ve seen and heard horrible experiences of people working in Accenture, those did not happen to me. On the contrary, Accenture Indonesia has been a place where I see less politics than what other Indonesian companies currently … Read more
  • 2018 New Year Resolution Achievement
    The hardest part of New Year Resolutions is actually reviewing them and seeing how I fared. You can find my 2018 New Year Resolutions here. 2018 New Year Resolution Achievement For the first one, 2018 is the year where I'm more honest with myself and I opened up to more people than the past 10 years combined. In addition, I became more vocal about causes that I care about, and I stopped caring too much about what other people thinks. The second one is easy to review due to the quantitative nature, in 2018 I read: 6 CFA Level 3 … Read more
  • Connected Industrial Worker
    Within the past 3 months, I have been working with Accenture's Innovation Hub in Singapore to focus on developing new demo asset business case, and facilitate client workshops. The Innovation Hub is a physical space where we host client workshops, and showcase demos on how Digital can transform businesses. But keep in mind, that we are not R&D focused. We're focused on building a business case that caters to business needs. You won't find a technology that's just 'cool' in our hub. You'll see stuff that has business value first and foremost. Last week, I had the great chance to … Read more
  • #InclusionStartsWithI
    This post is a reflection and thoughts on diversity and inclusion. Something that you will definitely find as a value in any multinational companies across all sectors! From Microsoft, Accenture, McKinsey, Amazon, etc, all of them are making commitment in being inclusive, and they have dedicated teams and employee volunteers to support the effort. In Accenture, we have the I&D Team, we have Pride Allies, Women Mentoring Program, mental wellness, disability, etc. There are efforts to be inclusive all over the organization. It's amazing when I can hear on a day-to-day basis that someone is coming a bit late/going back … Read more
  • On Engaging Communication Final Part – Supporting Media
    In this final part of the narrative, I will focus on the external factor, the supporting media in which you communicate with. The media formats that we typically use includes: Paper to write on Handouts (slides, graphs, data, etc) Slide decks The general value of supporting media is to reinforce/clarify the message you want your audience to get. To review whether you should use the media or not, ask yourselves: Is my media distracting my audience's attention away from me? – Don't let your media be the main actor. Can the media help me illustrate my point? – Don't use … Read more
  • On Engaging Communication Pt. 3 – Body Gestures
    The next part of the installment is your body language. Body language can convey just as much, or might be even more telling than your spoken message. Easy example, imagine someone who is saying to the audience, "I'm not nervous to stand before all of you here", but his legs are stiff as board, his fingers fidgeting, his gaze looks upwards, and he's sweating profusely. Yeah, fat chance you're gonna believe he's not nervous. Fact is, a lot of these body languages are hard to control. That's because the way your body and face reacts are mostly based on reflex. … Read more
  • On Engaging Communication Pt. 2 – Storytell
    This article is part 2 of 4 on engaging communication. The first component that I'll cover is the storytelling. It's how you pack your message, in such a way that it invokes the feelings that you want from your audience. This is not a new concept, Nancy Duarte of Harvard Business Review already did a piece on the topic in 2012, but it's amazing how people treat storytelling as if it's rocket science, it's not. In essence, the issue with most presenters are that people see the presentation with only a single point of view, theirs. I'm not saying that … Read more
  • On Engaging Communication Pt. 1 – Intro
    This article is the introduction and will be part of a 4 article series on engaging communication. Have you ever compared the interactions you have on weekends or night out with friends with the interactions you have with clients/coworkers? For me, the discussions, the interaction, the communication with friends are much more engaging. I believe the same goes for you, or everyone really. When I look at people's eyes during the weekdays, I often see dead fish eyes, unenthusiastic and bored. It doesn't have to be that way. We can start improving our communication skills, our quality of interactions throughout … Read more
  • Photography Back to Basics
    Recently, I took up an interest in photography. It was spurred by the fascination of capturing moments and the ability to print it. I used to take pictures, but only with my phone. When I printed some of them last year, I was both happy and sad. Happy to see a lot of great results, but sad to see blurs, bad exposures, and grainy results. In the end, I procured a mirrorless camera that's easy to use, that's not expensive, and that has a lot of lens selection for the future. I ended up choosing the Sony A6000 + Kit … Read more
  • Was that million dollar TV advertisement worth it?
    According to the Chartered Institute of Marketing, Marketing is the management process for identifying, anticipating and satisfying customer requirements profitably[1]. Historically, the consideration for marketing includes 4Ps (Product, Price, Place, Promotion), and the instituted added another 3, which are People, Process, and Physical evidence. With the advance of internet and telecommunication, marketing activities are getting more easily measurable. The term “Performance Marketing” refers to marketing and advertising programs where advertisers & marketing companies are paid when a specific action is completed; such as a sales, lead, or click[2]. An example of this is Google Ads, when Company A advertises with … Read more
  • Happiness 101 – What makes you happy?
    Gretchen Rubin is an author mainly focusing on the human psychology, with multiple bestsellers such as The Four Tendencies, Better Than Before, and The Happiness Project. On this occassion, I just finished reading The Happiness Project. I dare say this is the book that propelled Gretchen to fame as an author. First released in 2009, it has been reprinted multiple times, and spent 2 years on the bestseller list. The book started off sharing who Gretchen is, The Happiness Project started when Gretchen was still working in the field of law, for Supreme Court Justice Sandra Day O'Connor. "What do … Read more
  • Wiki Koffie – A Vintage Oasis
    Skip this paragraph if you want to read directly about Wiki Koffie, this paragraph is gonna be back story. Today I had the chance to spend a day in Bandung! Through my whole life, this is the first time I actually have gotten the time to pick what I wanted to do and travel by myself in Bandung, and I have to say it's liberating. Originally I intended to go to Jalan Sriwijaya (Thank you Monocle for the recommendation) for the dress shoes, but apparently, they close on Sundays. So because they're closed, I picked to go to Braga Street, … Read more
  • 5 Resolutions for 2018
    Moving into 2018, I reflect back on what happened in the previous year. 2017 was a thrilling roller coaster! A lot of things happened, both good and bad. The good, I started a new role in Accenture as a Management Consultant, elected to be a committee member for YEC (Young Enterpreneur Club), elected to be the vice chair for economy and trade for INTI, passed the CFA Level 2 exam, had a brief stint in TaniFund to lead the investment process, and I even went traveling to a lot of places (Sapporo, Tokyo, Balikpapan, Cilacap, Surabaya, San Francisco, Malaysia, Singapore, … Read more
  • How to Budget Efficiently with Zero Based Budgeting (ZBB)
    Abstract Traditionally, we budget expenses by looking at actual expenses in the previous period, then add/subtract a percentage to it depending on the forecast. Zero Based Budgeting(ZBB) challenges this notion and requires us to start clean and justify planned expenses. This leads to expenses that align with our strategy and allow us to develop a cost saving culture. ZBB can be done not only for businesses, but also for individuals. The Typical Way to Budget Usually, when we budget expenses, we look at the previous period’s actual expenses, and add/subtract a certain percentage of it for the next year. For … Read more
  • Being Present: 3 Key Takeaways
    I just finished reading Presence, by Amy Cuddy, 2012 TED Talk Speaker. In this book, she plays with the concept of presence, bringing your whole self into the room, how your body language influences your own mind, and the social experiment around it. "Presence emerges when we feel personally powerful, which allows us to be acutely attuned to our most sincere selves. … When we feel present, our speech, facial expressions, postures, and movements align. They synchronize and focus. .. It's what makes us compelling." It's a concept that we have definitely feel in our lives. The time when we … Read more
  • How to Run a Business (Patrick McMichael, CEO of Domino Pizza Indonesia)
    In 9 August 2017, YEC held a CEO talk with the CEO of Domino Pizza Indonesia, Patrick McMichael. Graduated from Santa Barbara City College in 1990, Patrick McMichael specializes in franchise consulting, strategic planning and new business development. With over than 25 years of experience under his belt with international Domina Pizza Enterprise, he's now the CEO of Domino Pizza Indonesia. 97% of Domino Pizzas are franchise owned, and in the US alone, Domino's has nearly 800 independent franchise owners. In a day, Domino's delivers more than 1 million pizzas, with more than 260,000 employees worldwide. They had 93 consecutive … Read more
  • Why Enterpreneurship Program Doesn’t Work
    This post is a part of Bite Sized Wisdom series. Nowadays, there are a lot of organization that promotes enterpreneurship to rural areas. They aim to encourage people to start businesses, to grow the economy, and making an impact to the community. There are banks with incubation programs, government bodies with enterpreneurship training program, but the impact still leaves much to be desired. With more than 250 million people in Indonesia, with all the resources that exist here, Indonesia should be able to grow much much more than this. One big matter that was identified was the continuity. Programs that … Read more
  • How do you market to millenials?
    This post is a part of Bite Sized Wisdom series. Young generation(Gen Y, Gen Z, Millenials, Xennials) have tastes that is clearly very different from their predecessors. Long gone are the days where people look for the cheapest alternative. Price is now just one spectrum from which you can see a product/service. Instead of striving for cost leadership, it's better to strive for differentiation. What value do you offer other than price, that makes you a good choice for clients? For example, 30k IDR (~2.5 USD) for toasted bread sounds ridiculous if you look at the cost of goods sold … Read more
  • How do you lend money prudently?
    This post is a part of Bite Sized Wisdom series. Having a low Non-Performing Loan(NPL) is critical to a lender, and in effort to speed up growth of a lending business, some banks/financing companies increasingly willing to lend to riskier profiles (corporate/personal). They are pressured by shareholders, by the market, and also by the government to channel funds, to grow the economy, and to support the country. But how does a lender suppress their Non Performing Loan? One way is to have a great credit scoring metrics for corporate clients, starting from (obviously) a guarantee (in the form of long … Read more
  • How do you handle succession in family business?
    This post is a part of Bite Sized Wisdom series. In a family business, having too many family members in the same company, working with each other can be disastrous. For example, if your family owns a factory, then the first kid handles marketing, the second handles finance, and the third handles operations. There's a sizeable risk on conflict between family members on how the business should be run. Potential solutions to this problem is to institute just 1 person in the family as the chief of the business, and the others handles other business / acts as advisors. Or … Read more
  • How Do You Define a Startup?
    This post is a part of Bite Sized Wisdom series. Although there are a lot of definitions of startups, startup in the end is Micro Small Medium Enterprise (MSME). It's typically said that startups disrupt the environment, startups are technology-focused companies, startups are the harbringer of destruction to the old business empires. There are a lot of ways people try to define startups, and there are disagreements on this. People in the tech startup community generally doesn't like it when startup is defined as MSME. Because startup is a disruptor, and can be enabled to grow very quickly. For example, … Read more
  • Value & Purpose Selling in Property
    In July 25th 2017, YEC held a talk with Bong Chandra, with the title "From student enterpreneur, to motivator and Property Developer" Born in 1987 to a modest family, Bong Chandra started his enterpreneurship journey as early as high school. After trying out several businesses, he became a motivator in 2008, and property developer at 2009. He's awarded the "Youngest Motivator in Asia" in 2010, and Trinity Group is developing a number of apartments around Alam Sutera and Serpong, such as The Smith, Brooklyn, Springwood Residence, and Yukata Suites. Today, he's the CEO of Trinity Property Group, and aims for … Read more
  • Good Corporate Governance Concept and Implementation
      Very long overdue, 2 months ago, YEC held a Good Corporate Governance(GCG) talks (coincidentally at my birthday!) with Drs Thomas Sugijata, MM, CA. A Master Consultant of the Jakarta Consulting Group, Drs Thomas Sugijata is an expert in good corporate governance and audit. This article serves as a summary and key points of the session. Before being a master consultant in JCG in 2011, Drs Thomas Sugijata already had 32 years of experience in the government under his belt, especially in the customs and excise department. The last position he held there is the director general of customs and … Read more
  • Portfolios of the Poor: Reflection and Opportunities in Indonesia
    Portfolios of the Poor : How the World's Poor Live on $2 a Day  is a book from 2010, by Daryl Collins, Jonathan Morduch, Stuart Rutherford, and Orlanda Ruthven. This article is intended to summarize my key takeaways from the book, and a reflection of opportunities available in Indonesia. "Not having enough money is bad enough. Not being able to manage whatever money you have is worse." This sentence sums up the core point this book is trying to deliver to us. In this book, the authors assess how the poor manages their money in several countries (Bangladesh, India, South Africa), how … Read more
  • How do I compare investment opportunities?
    In our effort to accumulate wealth, one of the things that we have to do is to invest our money. Money kept under your bed or even on a basic savings account in a bank will decrease in value thanks to inflation, which is one of the core reason why we should invest. I'm writing this article to help you assess and compare investment opportunities that you are thinking of. Before reading this piece, I hope you already have an understanding on why you should invest and the concept of diversification. This article is purely from investment value perspective, and … Read more
  • Competing Against Luck Book Review – What’s YOUR Job to be done?
    Yesterday marks the first day the Young Enterpreneur Club book club is officially in action by having a discussion on the book by Clayton Christensen, Competing Against Luck. This book is released in 2016. Rated 4.6/5 in Audible, 4.32/5 in Goodreads, and 4.5/5 in Amazon, review-wise, this book is a strong "must read" for anyone. The book revolves around the idea of "Jobs to be done" theory. This theory states that customer hires our products and/or services to do a specific job for them, and the better we capture what job customers hire us to do, the better we can … Read more
  • How and Why of Agriculture Investing
    Agriculture. It’s a field of investment that I see my pals underestimate. I’m writing this article to share with you why you should invest in agriculture, and specifically how you can invest in it (for Indonesia). There are several reasons that agriculture is a good sector to be in, which are: Indonesia, in it’s core is an agricultural country For Indonesians, since primary school, it has been iterated to us time and time again that Indonesia is an agricultural country (negara agraris). And this is still true, as 14% of Indonesia’s GDP is made out of agriculture, forestry, and fisheries … Read more
  • Why do we act irrational to information that differ from our opinion?
    In 1957, Leon Festinger published his theory of cognitive dissonance, which states that a powerful motive to maintain cognitive consistency can give rise to irrational and sometimes maladaptive behavior. According to him, we hold a lot of views and opinions about everything, and when we see something that rejects our views and opinions, we feel unpleasant, and are motivated to reduce or eliminate it in order to feel pleasant again. According to Festinger’s theory, when there is a dissonance, something must change to eliminate it, and can happen in 3 ways: 1. The individual changes one or more of their … Read more
  • Watch 101 – Rolex
    Who doesn’t know Rolex? Employing between 5,000–10,000 people (According to their LinkedIn profile) , with a total revenue of about 4.7 billion USD in 2016, Rolex is the biggest independent watch brand in the world. Rolex also owns Tudor. Being a behemoth, it is safe to say that out of all luxury watch brands, Rolex is counterfeited the most, which I think also helped more and more people to be familiar with the brand. All too often, Rolex is either overestimated or underestimated. Overestimated when, for example, someone doesn’t know anything about the watch industry. In this case, it’s common for … Read more
  • Unfocused Mind and Practical Ways to Combat It
    On a catch-up session with my good friend, Sandro Rayhansyah last week, we touched upon the topic of the unfocused mind. Here, we are not talking about Attention-Deficit/Hyperactivity Disorder (ADHD), which is another problem altogether. We talked about how adults and youngsters now often finds it hard to focus on something for an extended period of time due to technology. When you’re driving, do you sometimes take a quick glance on your phone for notifications and messages? When you had a 2 hours meeting, do you often see someone checking their phone, or glancing towards their phone that they put … Read more
  • Watch 101 – Introduction to Watches
    Last year, when I was going out with a friend of mine in Bangkok, we stumbled upon an area in Siam Paragon where they sell a lot of luxury watches. It was great to see a number of them at the same place, and we visited a couple few just to look around the collection. After a few stores, my friend asked me “Hey Chris, why do you like watches? What’s the difference between all those expensive watches?” and I realized that a lot of my peers who are born in the digital era doesn’t know the history of watches, … Read more
  • Am I sharing the right content? Personal Social Media Policy
    A few months back, on a mentoring session with the Human Resources Director in Microsoft Indonesia, she shared a great tip in how we can manage our public branding and our personal social life by compartmentalizing our social media. For me, this relates to social media policies that companies usually have ( Here’s 5 terrific examples of companies doing this ). For simplicity purposes, social media policy means guideline that directs us in what we can or cannot post in our social media. In the internet, there floats an image of a Japanese proverb, that says “The Japanese say you … Read more
  • A Day Without a Phone, and Why You Should Try It
    2 months ago, when I was in a gas station, a motorcycle crashed into an angkot (minibus) and the lady motorcycle driver got thrown off around 3 meters to the side from the impact and the minibus’ front bumper fell. The surprise caused me to let my phone slip my hand, fell to the ground, and lo, the gorilla glass cracked half the screen. Thankfully, the phone still worked, the touch was still responsive, it’s just a bit ugly to look at. (From what I saw when I left the scene, the lady driver was okay, a bit shaken, probably … Read more