First and foremost, let us say our grace to God that only by His blessing Sutindo Corporation has been running for 9 years since June 15, 2006. It truly is because of God’s blessing that Sutindo Corporation could have gone through all the challenges and be what it is today.
As we all have known and experienced in this year of 2015, Indonesian economic growth has been slowing down. Based on analysis by BPS-Statistics Indonesia, economic growth within the first quarter of 2015 has growth of 4.7% which is a sign of deteroriation compared to the same period last year. Rupiah exchange rate to US Dollar has weakened since the beginning of this year and recently has reached 13,300 per US Dollar. International metal prices has reached a record low in the last five years just recently as well as nickel and non-ferous prices.
Diminishing economic trend from Q4 in 2014 until Q2 in 2015 has become a sign of warning and a wake up call for Board of Directors to be ready to face the economical crisis which might be happening in the future.
Therefore, we encourage that everyone involved in this company from the head of operations to all employees to engage and hold hands to move forward which is in line with today’s topic: LEAN and AGILE.
LEAN: Sutindo is looking for every way possible to become efficient so that it can come up with optimum results. This way, we ask for the Board of Directors to review currently inefficient working processes and encourage all the members to be actively involved in realizing this efficiency improvement process through ongoing programs in Sutindo Corp such as SQS and SQC.
AGILE: The goal is to make Sutindo a competent corporation so that it can sustain its operation and presence through challenges and keep on growing. The leaders are expected to bring their divisions to be active and resilient by looking for any opportunities and make the right decisions in timely manner to that they can achieve their goals. In doing so, it needs a proficient team development and mentoring by each leader toward their members so the whole team can be more adept and can bring good results.
We believe by having one strong willing and togetherness by all the teams involved, Sutindo Corp will be able to grow in order to achive its vision; expand business network throughout Indonesia.
In the end, we expect the leaders, employees, partners and Board of Directors of Sutindo Corporation to keep on working, endeavouring and be a part of LEAN and AGILE Sutindo Corporation.
God bless us all.
Surabaya, June 15, 2015
Bo Robby Sutiono
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