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Menampilkan postingan dari Oktober, 2020

The Appaling Nescience of Dedieselization

  I've watched a  webinar  that were talking about Indonesia's future energy management. Mr Zulkilfi Zaini as a Director in PT. Perusahaan Listrik Negara (Persero). is one of panelist who gave a presentation about the renewable energy. One word that intrigue my curiosity is dedieselization. The term dedieselization hasn’t been defined clearly in the dictionary, so it’s pretty hard to find its true meaning. Dedieselization could have a meaning by replacing diesel engine to process the crops with electric engine, just like the farmers in Rengasdengklok have done several months ago. By dedieselization, they could reduce their operational costs of milling the rice [1]. By this scenario, we consider the utilization point of view. How in electricity generating? We might use biodiesel as the fuel, but eventually, biodiesel isn’t 100% pure from vegetal-processed. They are a mixture of petroleum diesel with biodiesel [2]. So I hardly enough to approve biodiesel renewablilty. The l

Challenge of Digital Transformation -- An Opinion #2

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  Illustration of Digital Transformation Source:  https://www.information-age.com/how-your-business-can-succeed-digital-transformation-project-123488683/  I've watched a  webinar  that were talking about Indonesia's future energy management. Mr Syahril Malik as a Head of Finance in PT. Perusahaan Gas Negara Tbk. is one of panelist who gave a presentation about the digital transformation in PGN. As a reward for a mesmerizing transformation in PGN, PGN got an award as The Best in Human Capital Digital Adaption, The Best Human Capital in Public Company, and The Best in Digital Transformation Human Capital in Indonesia Human Capital Award (IHCA) VI  2020 held by Economic Review [1] Digital transformation, just like what PGN did is a mechanism for contemporary organization in order to survive and achieve competitive advantage in digital economy. [2] Beside the advantages,  we need to be aware that digital transformation also has some challenge in the company who would adopt them, su

Opinion Towards PT Bukit Asam's Business Diversification

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PT Bukit Asam's Slogan Beyond Coal   I've watched a webinar that were talking about Indonesia's future energy management. Mr Arviyan Arifin as a President Director of PT Bukit Asam is one of panelist who gave a presentation about the company which he had been lead. PT Bukit Asam is a coal mining company, but now, they’re expanding their business sector, not only in coal sector but also dealing with other energy infrastructure such as photovoltaics and waste-powered electricity generator.  Diversification can rather be explained by the benefits of internal capital markets and barriers to business growth like market size and concentration. [1] A old anonym English proverbs said, “don’t put all your eggs in one basket,” The coordinated risk management hypothesis implies a negative relation between underwriting risk and investment risk [2]. So based with this hypothesis, I guess that diversified business just like this would be in more risk compared if they’re not diversifying