MUHAMMADIYAH.OR.ID, JAKARTA – The advancements in science and technology present new opportunities and challenges for education and business in Indonesia. These changes have resulted in significant impacts.
According to the Chairman of Muhammadiyah Anwar Abbas, while some businesses have prospered by harnessing these advancements, others have suffered financial distress due to their inability to tap into their potential.
“This digital era has shifted consumer behavior, leading to transformations across various sectors, including business,” said Anwar Abbas in a press release on Monday (10 July).
Digital development causes disruption as the shift of consumers from traditional brick-and-mortar stores to online marketplaces and the rise of app-based ride-hailing services, replacing offline taxis and motorcycle taxis.
Thus far, more than 30 taxi companies have closed down due to the emergence of online motorcycle taxi services that utilize internet and smartphone applications. Similarly, financial institutions like banks and cooperatives have been challenged by fintech and branchless banking.
“Therefore, educational institutions and malls may become obsolete due to fierce competition if they do not adapt,” said Anwar Abbas.
Education holds a strategic key in addressing these changes. Educational institutions are expected to shape graduates with good character and competent instrumental skills.
“The current and future business landscape will require competent and high-integrity applicants. They should help companies survive and enable them to thrive and grow,” mentioned Anwar Abbas.
The urgency for education to adapt aligns with the intensifying global competition. Consequently, creative, innovative, and highly-integrity graduates are in high demand to drive Indonesia’s development.
Through adaptation and innovation, education and business in Indonesia are expected to contribute to creating a safe, peaceful, prosperous, and happy nation. By fostering collaboration, Indonesia can leverage these changes as opportunities for growth and advancement.
“We hope that our education system will produce graduates who are creative, innovative, and have high integrity. It is crucial to act simultaneously to accelerate our nation’s progress and gain global recognition,” said Anwar Abbas.