Successful companies have leaders who dare to make changes through organizational alignment and regular and maximum implementation. In companies, in general, leadership is the art of performance through other individuals. The higher the leadership position in the company, the higher the dependence on other individuals or subordinates.
This is how Zulkifli Zaini, President Commissioner of PT Perkebunan Nusantara III, Commissioner of Bank Jasa Jakarta, and Member of the Honorary Board of the Indonesian Bankers Association, interpreted leadership in the company while attending the seminar “Managing Funds in Banking Industry” at the Pertamina MBA ITB Building, Bandung, Wednesday (7/ 2). According to Zulkifl, leadership is the process of providing results that exceed the expectations of the task-giver.
Leadership, said Zulkifli, is needed when a company wants to carry out transformation. The transformation itself should be implemented when there is a significant decline in performance. Or if there is a significant change in the business environment around the company. These changes require different methods to achieve different results than the company’s previous ones. Transformation must also be carried out if there is room to improve the company to make it better.
In the transformation process, companies need leaders who can advance the company’s quality for a better future. The leadership character needed in a company is someone who always asks what is needed in the business operations, focuses on the development of corporate action planning, takes responsibility and risk in a predetermined decision, and creates meetings or gatherings that are important, productive, and advance the company; take responsibility in communication aspects, and focus on taking opportunities and opportunities rather than observing problems that will occur in the company.
A leader should be able to make decisions quickly and confidently, adapt proactively and regularly, be trustworthy and reliable, create and use new social networks, and have the capability to mobilize support for relevant company stakeholders.
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After the leadership is settled, talk about how to increase the value of a company. According to Zulkifli, one way to increase company value is through investment. However, the investment must be adjusted to the value of returns to the company. A company can grow and develop optimally if the return value exceeds investment costs.
Company value usually depends on the company’s cash flow and the company’s cost of capital. If these two things are smooth and good, the company value will also increase optimally. On the other hand, companies need different methods to get maximum goals or results to develop according to the goals they want to achieve. Then, growth in a company must usually be based on new product innovation, process innovation, and a more developed business model. This is where a company needs a leader with these criteria above, namely being able to make decisions quickly and confidently, being able to adapt proactively and regularly, being trustworthy and reliable, being able to create and use new social networks, and having capabilities in terms of mobilizing support for relevant company stakeholders.