GoTo, Indonesia’s most valuable merger

[_NOBODY_]

Indonesia marked its largest ever business deal with the merger of ride-hailing giant Gojek and e-commerce company Tokopedia in May. CNBC Make It’s Karen Gilchrist speaks to Kevin Aluwi and William Tanuwijaya, the brains behind Indonesia’s newest superapp, GoTo.

@Indos

 

[Indos]

Indonesia marked its largest ever business deal with the merger of ride-hailing giant Gojek and e-commerce company Tokopedia in May. CNBC Make It’s Karen Gilchrist speaks to Kevin Aluwi and William Tanuwijaya, the brains behind Indonesia’s newest superapp, GoTo.

@Indos

Yup these youngster are quite influential now, even Gojek founder, Nadiem Makariem, has become our Minister of Education.

Jokowi appoints Nadiem Makarim as education minister. Can the Gojek co-founder streamline bureaucracy in education?
​

Culture and Education Minister Nadiem Makarim after the announcement of Indonesia Onward Cabinet on Wednesday. (JP/Seto Wardhana)


Freddy H. Istanto (The Jakarta Post) Jakarta ● Thu, October 24, 2019


President Joko “Jokowi” Widodo has officially sworn in Gojek co-founder Nadiem Makarim as the new Minister for Education and Culture for his 2019-2024 administration .

Nadiem’s appointment surprised many. For the first time in Indonesia’s history, a sitting president recruits an entrepreneur focusing on digital ventures for a ministerial position.

Jokowi, who has a background in the furniture business in his hometown Solo, Central Java, has always tried to involve entrepreneurs in his administration.

This can be seen from his decision in appointing Susi Pudjiastuti as Minister of Marine Affairs and Fisheries under Jokowi’s first term presidency. Prior to her role as minister, Susi owned businesses in the fisheries and also airline industries. However, she is not part of this term’s cabinet.

Involving business people and entrepreneurs appears to be Jokowi’s attempt to improve his government by streamlining Indonesia’s notorious governmental bureaucracy.

By appointing Nadiem, who is often considered an innovative and creative businessperson, Jokowi seems eager to better manage Indonesia’s education system that is arguably too bureaucratic and outdated.

But why Nadiem?

Nadiem founded app-based transportation service Gojek back in 2010. Under his leadership, Gojek grew to become one of Indonesia’s biggest startups with an estimated value of at least US$ 10 billion.

The appointment of this 35-year old Harvard alumni can hopefully provide some fresh energy to revitalise Indonesia’s education system which is currently stymied by its well known bureaucracy.

Indonesia’s education system is the world’s fourth largest, but its quality is far from good. The latest PISA report shows that Indonesia is among the 10 worst performing nations in terms of education. It was ranked lower than Mexico, Columbia and Thailand.

One of the greatest challenges facing Indonesian education is its overlapping regulations and bureaucracy. Lecturers often face stringent administration procedures that hold them back from their academic activities.

Nadiem’s presence can hopefully bring much needed innovation and solutions that have never before been explored by previous bureaucrats in their attempts to improve Indonesia’s education.

His experience in information and technology is also extremely useful in designing and adopting digital systems, an area where our academic institutions lag behind other countries.

Nadiem’s entrepreneurial traits in digital business - shown by his risk-taking character and willingness to collaborate - can also contribute a lot in developing an education system that generates high-quality and innovative research that provides answers to Indonesia’s most pressing issues.

With his success in expanding Gojek’s operations to Singapore, Vietnam, and the Philippines, high hopes rest on Nadiem’s shoulders to take advantage of his vast international network and apply those assets to improve conditions at home.

Nadiem, who was recognised as “Asian of the Year” in 2016 by Singaporean media The Straits Times due to his contribution in improving the welfare of workers in the informal sector, is set to bring the same energy to improve the welfare and empowerment of teachers, especially those who are contract-based.

Will he endure for long?

In the history of Indonesia’s bureaucracy, business people and entrepreneurs, who are recruited as ministers, do not stay long in the administration. Some ministers with a background in business often do not continue their role in subsequent terms.

The closest example is former minister of marine affairs and fisheries Susi Pudjiastuti, who now no longer serves in Jokowi’s second-term cabinet.

Before that, there was also media tycoon Dahlan Iskan that was appointed as a minister during the administration of president Susilo Bambang Yudhoyono’s, Jokowi’s predecessor. Dahlan only served for two years.

Rachmat Gobel is also another example. A businessperson and owner of electronics corporation National Gobel Group, Rachmat only served for one year as Minister of Trade under Jokowi.

The reason these business people don’t assume their positions for long might be because their entrepreneurial attitude clashed with the Indonesian government’s notorious culture of bureaucracy. I guess we’ll see. How long will Nadiem endure under Jokowi’s second term?

Jokowi appoints Nadiem Makarim as education minister. Can the Gojek co-founder streamline bureaucracy in education?

Nadiem’s appointment surprised many. For the first time in Indonesia’s history, a sitting president recruits an entrepreneur focusing on digital ventures for a ministerial position.

www.thejakartapost.com

 

[_NOBODY_]

Yup these youngster are quite influential now, even Gojek founder, Nadiem Makariem, has become our Minister of Education.

Jokowi appoints Nadiem Makarim as education minister. Can the Gojek co-founder streamline bureaucracy in education?
​

View attachment 752024
Culture and Education Minister Nadiem Makarim after the announcement of Indonesia Onward Cabinet on Wednesday. (JP/Seto Wardhana)


Freddy H. Istanto (The Jakarta Post) Jakarta ● Thu, October 24, 2019


President Joko “Jokowi” Widodo has officially sworn in Gojek co-founder Nadiem Makarim as the new Minister for Education and Culture for his 2019-2024 administration .

Nadiem’s appointment surprised many. For the first time in Indonesia’s history, a sitting president recruits an entrepreneur focusing on digital ventures for a ministerial position.

Jokowi, who has a background in the furniture business in his hometown Solo, Central Java, has always tried to involve entrepreneurs in his administration.

This can be seen from his decision in appointing Susi Pudjiastuti as Minister of Marine Affairs and Fisheries under Jokowi’s first term presidency. Prior to her role as minister, Susi owned businesses in the fisheries and also airline industries. However, she is not part of this term’s cabinet.

Involving business people and entrepreneurs appears to be Jokowi’s attempt to improve his government by streamlining Indonesia’s notorious governmental bureaucracy.

By appointing Nadiem, who is often considered an innovative and creative businessperson, Jokowi seems eager to better manage Indonesia’s education system that is arguably too bureaucratic and outdated.

But why Nadiem?

Nadiem founded app-based transportation service Gojek back in 2010. Under his leadership, Gojek grew to become one of Indonesia’s biggest startups with an estimated value of at least US$ 10 billion.

The appointment of this 35-year old Harvard alumni can hopefully provide some fresh energy to revitalise Indonesia’s education system which is currently stymied by its well known bureaucracy.

Indonesia’s education system is the world’s fourth largest, but its quality is far from good. The latest PISA report shows that Indonesia is among the 10 worst performing nations in terms of education. It was ranked lower than Mexico, Columbia and Thailand.

One of the greatest challenges facing Indonesian education is its overlapping regulations and bureaucracy. Lecturers often face stringent administration procedures that hold them back from their academic activities.

Nadiem’s presence can hopefully bring much needed innovation and solutions that have never before been explored by previous bureaucrats in their attempts to improve Indonesia’s education.

His experience in information and technology is also extremely useful in designing and adopting digital systems, an area where our academic institutions lag behind other countries.

Nadiem’s entrepreneurial traits in digital business - shown by his risk-taking character and willingness to collaborate - can also contribute a lot in developing an education system that generates high-quality and innovative research that provides answers to Indonesia’s most pressing issues.

With his success in expanding Gojek’s operations to Singapore, Vietnam, and the Philippines, high hopes rest on Nadiem’s shoulders to take advantage of his vast international network and apply those assets to improve conditions at home.

Nadiem, who was recognised as “Asian of the Year” in 2016 by Singaporean media The Straits Times due to his contribution in improving the welfare of workers in the informal sector, is set to bring the same energy to improve the welfare and empowerment of teachers, especially those who are contract-based.

Will he endure for long?

In the history of Indonesia’s bureaucracy, business people and entrepreneurs, who are recruited as ministers, do not stay long in the administration. Some ministers with a background in business often do not continue their role in subsequent terms.

The closest example is former minister of marine affairs and fisheries Susi Pudjiastuti, who now no longer serves in Jokowi’s second-term cabinet.

Before that, there was also media tycoon Dahlan Iskan that was appointed as a minister during the administration of president Susilo Bambang Yudhoyono’s, Jokowi’s predecessor. Dahlan only served for two years.

Rachmat Gobel is also another example. A businessperson and owner of electronics corporation National Gobel Group, Rachmat only served for one year as Minister of Trade under Jokowi.

The reason these business people don’t assume their positions for long might be because their entrepreneurial attitude clashed with the Indonesian government’s notorious culture of bureaucracy. I guess we’ll see. How long will Nadiem endure under Jokowi’s second term?

Jokowi appoints Nadiem Makarim as education minister. Can the Gojek co-founder streamline bureaucracy in education?

Nadiem’s appointment surprised many. For the first time in Indonesia’s history, a sitting president recruits an entrepreneur focusing on digital ventures for a ministerial position.

www.thejakartapost.com

I have read that Indonesian youth are loving him due to the changes that he has made in the curriculum and his promotion of startup culture.

 

[Indos]

I have read that Indonesian youth are loving him due to the changes that he has made in the curriculum and his promotion of startup culture.

Well I dont know for sure since he is still new and our students get struck whole years in 2020 due to pandemic, one thing for sure is that he said many times that what he want to do is to make Indonesian student has better critical thinking and analytic ability while trying to reduce the need to do remembering.

This is a good thing, but we need to provide good salary as well for the teacher so that we can get qualified teachers, so far only rich province like Jakarta and Riau that can pay their teachers quite well. Teacher salary in Jakarta is similar like specialist doctor salary working in state hospitals.

 

[_NOBODY_]

Well I dont know for sure since he is still new and our students get struck whole years in 2020 due to pandemic, one thing for sure is that he said many times that what he want to do is to make Indonesian student has better critical thinking and analytic ability while trying to reduce the need to do remembering.

This is a good thing, but we need to provide good salary as well for the teacher so that we can get qualified teachers, so far only rich province like Jakarta and Riau that can pay their teachers quite well. Teacher salary in Jakarta is similar like specialist doctor salary working in state hospitals.

In Pakistan we have two main education systems for high schools. One is Federal Board whose syllabus is different in each province and the other British O and A levels which is administrated by Cambridge University. Hopefully the new Single National Curriculum will be implemented in all provinces as soon as possible.

I have studied Cambridge O and A levels as it is not only much superior but it also instills critical thinking, increases productivity and creativity, broadens general knowledge greatly and this education system is recognized and respected all over the world. It generally harder for those who have studied O and A levels to enroll in universities in Pakistan as government wants people who have studied Federal Board to be given priority, this is an issue if you want to enroll in public universities but this isn't much of an issue if you wish to enroll in a private university. Most people avoid O and A levels as it isn't very affordable as compared to the Federal Board, despite this a significant chunk of population in big and developed cities chooses to study O and A levels. For those who can afford it and wish to enroll in a Medical School also avoid it as the competition is extremely intense, one can't afford any disadvantage in such a scenario.

Teachers teaching O and A levels also make a lot more money as compared to the teachers teaching Federal Board. I live in Lahore and over here single O and A level teacher teaches in multiple schools and he/she does that on contract basis. The higher the reputation the more money the teacher makes. If a teacher's reputation increases then he/she will demand more money from educational institutes as more students want to study under that particular teacher.

 

[Indos]

In Pakistan we have two main education systems for high schools. One is Federal Board whose syllabus is different in each province and the other British O and A levels which is administrated by Cambridge University. Hopefully the new Single National Curriculum will be implemented in all provinces as soon as possible.

I have studied Cambridge O and A levels as it is not only much superior but it also instills critical thinking, increases productivity and creativity, broadens general knowledge greatly and this education system is recognized and respected all over the world. It generally harder for those who have studied O and A levels to enroll in universities in Pakistan as government wants people who have studied Federal Board to be given priority, this is an issue if you want to enroll in public universities but this isn't much of an issue if you wish to enroll in a private university. Most people avoid O and A levels as it isn't very affordable as compared to the Federal Board, despite this a significant chunk of population in big and developed cities chooses to study O and A levels. For those who can afford it and wish to enroll in a Medical School also avoid it as the competition is extremely intense, one can't afford any disadvantage in such a scenario.

Teachers teaching O and A levels also make a lot more money as compared to the teachers teaching Federal Board. I live in Lahore and over here single O and A level teacher teaches in multiple schools and he/she does that on contract basis. The higher the reputation the more money the teacher makes. If a teacher's reputation increases then he/she will demand more money from educational institutes as more students want to study under that particular teacher.

Nice, thank for the explanation, I would like to give this explanation to my aunty who is an educator

 

[_NOBODY_]

Nice, thank for the explanation, I would like to give this explanation to my aunty who is an educator

In Lahore, successful O and A levels teachers have opened up so many businesses especially restaurants. Opening a restaurant is now a trend for successful O and A levels teachers.

 

[_NOBODY_]

@Indos My brother I urge you to visit Pakistan at least once in your life, there are a lot of fun things that you can explore here and it will be an enjoyable experience for you.

 

[Indos]

@Indos My brother I urge you to visit Pakistan at least once in your life, there are a lot of fun things that you can explore here and it will be an enjoyable experience for you.

Thank you brother for the invitation, yup I will consider it. Actually 2 of my cousins have visited Pakistan for vacation in 2019. Particularly the female cousin feel so good being there. Yup I will not feel my money wasted if being spent to another brotherly country like Pakistan.

Actually all of our spending will be judged in the after life, so visiting Muslim countries like Pakistan for vacation is always my preference than visiting European countries for instants if I have the chances, unless there is important thing to do like related to job and business.

 

[_NOBODY_]

Thank you brother for the invitation, yup I will consider it. Actually 2 of my cousins have visited Pakistan for vacation in 2019. Particularly the female cousin feel so good being there. Yup I will not feel my money wasted if being spent to another brotherly country like Pakistan.

Actually all of our spending will be judged in the after life, so visiting Muslim countries like Pakistan for vacation is always my preference than visiting European countries for instants if I have the chances, unless there is important thing to do like related to job and business.

You honor us Pakistanis with your kindness and love. I will definitely try to visit Jakarta once I will have finished my Masters. I will probably go to either mainland China, Hong Kong or Singapore for Masters.