JAKARTA, KOMPAS.com - PT Pakuwon Jati Tbk has emerged as the winner of the 2021 Indonesia's Best Managed Companies Awards by Deloitte Indonesia.

The Best Managed Companies Awards are given to the leading private sector in Indonesia based on the success of the organization and contribution to the industry they are engaged in.

Pakuwon together with PT Great Giant Pinneaple are the inaugural winners of this international award program.

President Director of PT Pakuwon Jati Tbk A Stefanus Ridwan expressed his gratitude and pride for the international award which coincided with the company's 39th anniversary.

This award also confirms the success of Pakuwon's leading business model as a leading property developer in Indonesia.

"In addition, this award is also thanks to the contributions and hard work of young Pakuwon executives who are full of new and brilliant ideas," Stefanus said to Kompas.com, Tuesday (25/10/2021).

According to Stefanus, Pakuwon will continue to focus on giving contribution because Indonesia needs development to help the economy gets better and to open more job opportunities so Indonesia can achieve prosperity more quickly.

Digital technology development, operations and planning make management more efficient and able to generate more accurate forecasts of future trends.

Therefore, he is optimistic, being a well-managed company will also spur enthusiasm to continue the journey to face new and bigger challenges ahead.

The award for Indonesian companies is part of Deloitte's Global Best Managed Companies.

Companies rated are those who are eligible and curated to undergo a rigorous and independent process to determine their management skills and practices.

The process includes analyzing their business and operating strategies and comparing them to an evaluation framework applied to 1,000 best-managed private corporate communities around the world.

Business leaders use these processes to refine strategies and derive valuable benefits and then help them set expectations to optimize growth.

The assessment is also based on valid evaluations to assess the quality of business management in various areas including strategy, capability and innovation, culture and commitment, and governance and finance.

Evaluation of awards to Indonesian companies based on more than 25 years of observed practice.

Deloitte Indonesia Country Managing Partner Claudia Lauw said, In a year full of challenges, where all industries have stopped, these companies have shown creativity and innovation, while focusing on their potential resources.

"Despite the difficult times, they were able to emerge as winning companies to remain at the forefront of their industries," concluded Claudia.

 

Source             : www.kompas.com 
Author             : Hilda B Alexander 
Editor              : Hilda B Alexander