From Local Roots to Global Reach: Insights on Business Wisdom

On Monday, 25 November 2024, from 13:00 to 14:30 WIB, UIC College BSD hosted a crucial Sharing Session titled "Building a Global Business with Local Wisdom". This session, led by Mr. Mohammad Rianto Utama, CEO of PT Retota Sakti, will provide valuable insights into how local wisdom can become a powerful tool for creating successful global businesses. Mr. Mohammad Rianto Utama's leadership at Rumah Tenun Magelang, a company that blends traditional Indonesian weaving with modern business practices, serves as an exemplary model of how businesses can thrive by staying rooted in local culture while expanding globally.

The session aims to equip UIC College BSD Business students with the knowledge and inspiration they need for their final project, which will involve collaboration with the Sultan’s Palace of Yogyakarta (Keraton Yogyakarta). The students are exploring how they can integrate local cultural heritage into innovative business practices, learning from industry leaders like Mr. Mohammad Rianto Utama.

During the session, Mr. Mohammad Rianto Utama shared an important philosophy that guides his approach to business: 

"Running a business is not just about profit; it must also have a positive impact on the environment to ensure sustainability."

This statement underscores the idea that sustainability is not just about minimizing harm but also actively contributing to environmental preservation. For Mr. Mohammad Rianto Utama, it is essential that businesses, particularly in the creative industries like weaving, focus on eco-friendly practices, ethical sourcing, and cultural preservation. Rumah Tenun Magelang, under his leadership, has set a benchmark for incorporating sustainable practices into its production processes while supporting the local artisans and their heritage.

The Sharing Session will provide UIC College BSD students with direct exposure to these important topics, allowing them to understand how integrating sustainability and local culture can play a pivotal role in shaping the future of business. The students will also gain insight into how local wisdom, when merged with global business strategies, can help a company stand out in the competitive market.

UIC College BSD, known for its emphasis on practical learning and innovation, provides a perfect platform for students to engage with such real-world issues. The institution has a strong focus on developing future leaders who are equipped not only with technical business skills but also a deep understanding of the role of culture and sustainability in modern entrepreneurship.

This session is especially significant for the business students at UIC College BSD, as it prepares them for their final project with Keraton Yogyakarta, where they will apply the knowledge gained about integrating traditional wisdom into contemporary business models. The collaboration with Keraton Yogyakarta allows students to explore how a historical institution can adapt to modern market trends while preserving its cultural significance, providing them with practical experience in balancing innovation and tradition. 

Don’t miss the opportunity to gain valuable insights from Mr. Mohammad Rianto Utama and prepare for an exciting venture that connects local heritage with global business!