Indonesian Political, Business & Finance News

IBRA's model restructuring

IBRA's model restructuring

The restructuring of the Indonesian Bank Restructuring Agency (IBRA) is a preliminary step worth observing. Normally, the restructuring of an organization in Indonesia is based on micro, instead of macro, approaches so that the result is far from the expectations of the people.

Hopefully, IBRA's new organizational structure would be able to fulfill the need and help decision-makers have better knowledge of strategic aspects, planning methods and ways of restructuring an organization. Many state enterprises and large firms are still profit-oriented and are unaware of the importance of organizational structure.

Decision-makers who have little knowledge of organizational structure have often interpreted it as an organizational chart which has no significant meaning for the organization.

Organizational changes will "hurt" managers or members of the organization who do not understand the dynamics of an organization.

The time has come for us to concentrate on adaptive organization, meaning that vital components of organization can balance the dynamics of change.

-- Bisnis Indonesia, Jakarta

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