3 Keys to Achieving Healthy Business Growth

JawaPos.com - Every company strives to grow and achieve ideal revenue in line with annual projections. There are three key factors to achieving this goal: workplace safety, the use of technology, and effective leadership.

Workplace safety is one of the most essential aspects of a company’s operations. Workplace safety regulations in Indonesia have shown significant improvement over the years. However, the challenge lies in fostering the same perspective within each company.

Leadership in every company must understand that workplace safety is critical to business continuity. Employees should not be viewed as liabilities but as assets.

"We need to help companies understand that employees are not liabilities—they are valuable assets," said Srinivasan Ramabhadran, Managing Director Asia Pacific of dss⁺, during an interview on Friday (December 13, 2024).

"If we help people develop and grow, they will, in turn, help the company thrive in the long run. This will significantly improve business performance," he added.

Harnessing Technology: Efficient but Risky

Technological advancements can drive business growth but also pose significant risks. Without proper precautions, technology can potentially harm workplace safety and compromise business owners' privacy.

"Technology is like a double-edged sword—it can be beneficial, but it can also be dangerous. We can leverage it for efficiency, but without caution, it could bring risks," Srinivasan explained.

He shared an example of a client in India who incurred losses after the company’s finance team was deceived into transferring funds. They fell victim to technology-based fraud, where a voice mimicking the company owner instructed them to make payments to certain accounts.

"This is why the use of technology must be accompanied by strict and layered cybersecurity measures," he stressed.

Despite the risks, Srinivasan emphasized that technology can also streamline work processes efficiently. For instance, using Artificial Intelligence (AI) can help detect pipeline leaks or automate financial bookkeeping, tasks that would take significant time if done manually.

"Imagine doing it manually—it would take much longer," he noted.

Leadership’s Role in Prioritization

The third key factor is effective leadership. A good leader can classify and prioritize tasks based on their importance.

"In the short term, it might seem like a bigger expense. But in the long term, these decisions will prove beneficial. Leaders must establish priorities," Srinivasan explained.

"It’s impossible to solve every problem simultaneously. That’s why we help clients identify and address their most critical priorities first," he added.

dss⁺’s Commitment to Workplace Safety Across Industries

Srinivasan stated that dss⁺is a consulting firm specializing in workplace safety across various industries, including mining, food and beverage, oil and gas, and chemicals. Operating for over 20 years in Indonesia, dss⁺ has supported both state-owned enterprises and private companies in meeting government regulations.

He also welcomed the growth of Indonesia's safety regulations and expressed optimism about the country's economic future, given its continuous growth.

However, he cautioned companies to prioritize workplace safety, as negligence can lead to losses and erode trust.

"This is why we exist—to enhance workplace safety while aligning it with financial goals and government regulations," he concluded.

Duncan Munro, Operational Excellence Director at dss⁺, added that when developing workplace safety regulations for companies, he always involves the employees. According to him, employees are the ones who understand the company's operations best.

"In addition, we integrate regulations and technology to create workplace safety rules tailored to the company’s needs," Munro concluded.