Slide One – Opening
Good afternoon class, I’m … and I’m joined by … Today we are here to speak to you about the case of The Leadership Challenges of James Riady.
Slide two – What is leading?
Before we get started and start speaking about the case, we’d like to know how you define leading or leadership? Leadership is the process of arousing enthusiasm and directing efforts towards organisational goals.
Slide three – facts of the case
Incase some of you haven’t gone through the case, we are going to give you a full overview of the case.
James Riady, born in 1957, is the son of Mochtar Riady, CEO and founder of the Lippo Group of Indonesia. James Riady is the chairman for the group’s Indonesia operation and deputy chairman of the Lippo Group. He was a visionary and charismatic leader. These types of leaders were in high demand especially if they have a track record of leading companies towards financial success, which Mr Riady was. Mochtar Riady’s wealth started in Malang, East Java, Mochtar Riady grew his wealth from banking. Soon after, he started moving the Lippo Group towards financial services, retail, property and infrastructure projects. The Lippo Group was best known for the Lippo Karawaci Village, which was a housing estate near Jakarta with a university, shopping mall, international school, hotel, golf club and hospital.
James helped transition the group through Indonesia’s transition towards a more democratic and open society. This transition proved challenging as critics were suspecting that James prospered through close relationships with former President Suharto. Political connections in the United States landed Riady in hot water in 2001. He pleaded guilty to ‘conspiracy to defraud the United States’ for contributions to the campaigns of Bill Clinton and other Democrats. Penalties included an $8.6 million fine, which was the largest in history. Since then Riady tried to change his actions and said that he ‘had to face the