Richard Grosvenor, President and CEO of Sembawang and Michael Wong, Director and CFO of BIPI released a joint statement concerning this milestone:
Listed on the Indonesian Stock Exchange in early 2010, BIPI has made several strategic acquisitions to strengthen its business, including the acquisition of 37,67% of shares of PT Elnusa Tbk (ELSA), 10,3% of shares of PT Buana Listya Tama Tbk (BULL), 100% of shares of Patina Group Ltd, and following the GMS on December 14, 2012, the full acquisition of PT Astrindo Mahakarya Indonesia (AMI).
Although in its seminal stages, Pathways for Performance has already begun to change the way BIPI
Managed Markets conducts business.
A comparison between BIPI capabilities and processes with industry "best practice" revealed gaps--more than could be recommended to management for immediate action.
It became clear that BIPI could not simply dismiss the "mature" technologies without competitive consequences.
The specific gaps for BIPI are mapped on the Threat/ Opportunity Grid in Figure 5.
Historically, BIPI has valued approaches that allow it to "leap frog" over the competition.
The tendency of BIPI to by-pass mature technologies for newer opportunities was determined to be inappropriate in this case.
We strive to work closely with our customers to ensure our products offer compelling new benefits, and companies like BIPI
are essential to that process.
Luis Salmun, executive director of health sciences executives at BIPI
The online survey, conducted by Harris Poll on behalf of BIPI, included 300 licensed U.
For the full methodology, including weighting variables, please contact BIPI Public Relations.