In the seminar organized by Magister Management UI in Jakarta today, Porter spoke about one and half an hour in front of Minister Sri Mulyani and 1,000 participants about the Porter recipes that created when he was 32 years and have lasted 3 decades.
Despite of the idea block and the lack of new publications from the Professor post his prime years, he displayed strong presentation skill and stamina to enliven the seminar - which moderated with a zest by Director of MM-UI Rhenald Khasali.
During majority of the speak, he criticized Indonesian mentality that we are more interested in fighting against each-other rather than collectively solving the problems to improve the country's competitiveness; reason why this vast nation with large population could only have GDP equal to a single state of the United States.
Wait for more of Porter, Porter-ize, his critics, and why the Olympic swimmer Matt Biondi is being linked analogously to the Harvard Professor' theory.
29 Nov 2006
The Same Ole Porter
22 Nov 2006
Bouts of the Week
Today, in rebuttal to the statement, Coordinating Minister Aburizal Bakrie warned that the Bapepam Chief should not make unnecessary comment, without confirmation first. A confusing claim, since Bapepam has been requesting information about the sale and the new owner Lapindo immediately after the announcement hit the headlines.
It is also unclear whether they speak in the capacity of bourse authority and Coordinating Minister, or personal.
There are truths in EMP spokeperson' previous statement, that the transaction is immaterial and there is no element of clash of interests; thus they are not obliged to ask permission from Bapepam. But it is paradoxal that the statement of Fuad Rahmany is made with concern to public interests, while this should be the job of the Coordinating Minister for Public's Welfare. Is Bapepam Chief trying to perform other people's job ?
In a more confusing jesting, Aburizal Bakrie said that he doesn't know who is behind Freehold, while Freehold owner James Belcher admitted that he is a 25 years friend of the family. If Belcher is indeed stranger, then Bakrie must be very generous to lend a whopping U$ 106 million - the estimated amount of Lapindo mudflow handling costs - through Minarak Labuan Co, Ltd, an entity owned by Bakrie.
What's worrying most is, these few days we've been listening to statement that 'Lapindo's owner would be responsible', first by the Vice President on Nov 17, then by Bakrie today stated that the new owner of Lapindo would be held responsible; compared to few months ago when the main opinion is Bakrie should be responsible, as demanded by not less than the Vice President Jusuf Kalla himself.
It was reported that Porong-Gempol toll in Sidoarjo is still critical and muds have been flooding into the toll road by 100 meters. While in the capital, parties involved in Lapindo Brantas : Medco, Energi Mega Persada, are jousting rowdily to pass off the mounting liabilities.
