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The Art of Conflict Analysis and Resolution

8/22/2018

American business executive Harvey Goldstein worked among the emerging companies in Southeast Asia for more than five decades. Based in Jakarta, Indonesia, Harvey Goldstein founded Harvest International Ltd. to assist clients in conflict analysis and resolution.

Conflict resolution is an art. That being said, there is a proper way to handle different kinds of conflict. In the workplace, where employees have diverse personalities, conflict is inevitable. For this reason, business executives should develop the skill of analyzing and resolving conflict. Here are five simple steps.

1. Know the root cause of the conflict. The likelihood that a conflict gets resolved increases when the cause of the problem is identified. Disputants can take time to air their sides of the story to allow the executive to understand the real situation.

2. Investigate beyond the situation. In many cases, conflicts arise beyond the circumstances of the situation. There might have been problems in the past between the parties that were not resolved. These unresolved issues can pile up, leading to stressful situations that lead to conflict.

3. Ask for possible solutions. Ask the disputants how they think the conflict can be resolved. The executive should be keen to listen, taking notice of verbal nuances and body language. The goal is to resolve the conflict, so the disputants will have to work together to put an end to the problem.

4. Identify the solution that each of the disputants is willing to support and be able to weigh the pros and cons of the possible solution. The solution should always be created from a management perspective.

5.Each one involved should agree to the solution. As mediator, the executive should seek the agreement of the disputants by getting them to shake each other’s hands and uphold the resolution.

Polytechnic Alumni Association Alumni Awards Recognize Contributions

7/19/2018

Harvey Goldstein serves as the president and director of Harvest International, an Indonesia-based provider of venture capital and consultation services for local and foreign entrepreneurs. An entrepreneur with a history in Indonesia, Singapore, and other areas across Southeast Asia, Harvey Goldstein formerly studied electrical engineering at the New York University Tandon School of Electrical Engineering. His work earned him recognition from NYU’s Polytechnic Alumni Association (PAA) through a 1993 Outstanding Electrical Engineering Alumnus Award.

The PAA distributes two awards to honor alumni who make a difference in their communities and made contributions to the university, the alumni association, or the fields of science and technology. Recipients are selected by the PA Awards Committee from a pool of highly-confidential nominees. The organization accepts nominations through December 31 of each year. The International Board of Directors makes the final decision on award recipients. Nominations must include a biography of the nominee and information on qualifications, leadership contributions, and reasons for nomination.

Awards distributed by PAA include the Distinguished Alumnus/a Award and the Dedicated Alumnus/a Award. The Distinguished Alumnus/a Award honors alumni who made notable scientific contributions through entrepreneurship and innovation or accomplished outstanding leadership in the fields of technology or engineering. Eligible nominees include graduates of the School of Engineering, Polytechnic Institute of Brooklyn, or Polytechnic Institute of New York. The Dedicated Alumnus/a Award recognizes individuals who went beyond the call of duty to make positive impacts or contributions to the PAA or the School of Engineering.

Muhammad Ali Lighting the Torch - A Defining Olympic Moment

6/19/2018

The chairman of PT Harvest International Indonesia, Harvey Goldstein leads a company that has facilitated billions of dollars in venture capital and other investments throughout Southeast Asia. An experienced businessman, Harvey Goldstein had the honor of greeting, hosting, and coordinating Muhammad Ali’s visit to Indonesia in 1996, the same year that the boxing legend lit the Olympic torch in Atlanta.

One of the most influential athletes of the 20th century, Muhammad Ali (born Cassius Clay Jr.) was known almost as much for his principled stances and humanitarian efforts outside of the ring as he was for his heavyweight boxing titles. One of the first athletes with a global audience, Ali won an Olympic medal and held the heavyweight title three times while racking up more than 50 wins in a boxing career spanning more than two decades.

Ali also was known for having the courage to standing up for his principles. For example, when Ali refused to join the military during the Vietnam War, he cited his pacifism rooted in his religious beliefs. Although many Americans were skeptical about the draft and the war at the time, he stood out as one of the most prominent figures to voice these opinions.

In 1996, Muhammad Ali capped his remarkable career with an invitation to light the Olympic torch to commemorate the start of the Olympic Games in Atlanta. Despite grappling with a severe case of Parkinson’s disease that caused him to have difficulty in controlling his movements, Ali accepted the responsibility. The moment when he overcame his debilitating symptoms to hold the flame steady and light the torch was one of the great moments in American Olympic history.

Amcham Indonesia Promotes Government Efforts to Develop Tourism

8/16/2017

Harvey Goldstein currently heads international consulting company PT Harvest International Indonesia and Business-Link Consultancy in Singapore. An American expatriate based in the Southeast Asian region, he has played key roles in the development of a variety of Southeast Asian business organizations, including the American Chamber of Commerce (Amcham) in Indonesia. Harvey Goldstein served four successive terms as the group’s president, and during his tenure strengthened the ties between the country’s private sector and the United States Agency for International Development.

For more than 40 years, Amcham Indonesia has worked to facilitate business and development relationships among American and Indonesian companies and government agencies. Today, its membership consists of hundreds of individuals affiliated with more than 250 firms.

Amcham Indonesia devotes significant focus to promoting the country’s tourism industry, a major source of revenue. In fact, investors in Indonesia’s burgeoning tourist and hospitality industries are a key driver of the country’s economic development.

Using the branding slogan “Wonderful Indonesia,” the group's current president, Joko Widodo, hopes to boost the interest of potential visitors in his country’s rich biodiversity and its distinctly multicultural community.

In 2016, Widodo aimed to increase gross domestic product year-over-year growth to seven percent by 2019 by declaring tourism among the business sectors that would be permitted to accept 100 percent foreign investment. As part of this program, Indonesia has designated a number of “new Balis” slated for intensive development efforts.

APCAC Award Highlights US - Asia Business Development

6/29/2017

Harvey Goldstein, an American businessman with decades of experience working in Southeast Asia, currently heads PT Harvest International Indonesia as its president director. In addition to his work with that consulting and development company, Harvey Goldstein is a past chairman of the Asia Pacific Council of American Chambers of Commerce (APCAC), which he assisted in developing into a major driver of economic growth and business networking opportunities throughout the region. In 1986, the same year Mr. Goldstein became its president, the organization initiated its annual APCAC Award.

Today, APCAC continues this tradition by presenting the award each year at its Washington, DC policy conference. The men and women distinguished by their receipt of the award are noted for their accomplishments in building stronger economic relationships between the United States and the Asia-Pacific region. Over the years, honorees have included then Secretary of State Hillary Clinton, who received the award in 2012 along with U.S. Chamber of Commerce president Thomas Donohue.

In 2015, the individuals so honored included Secretary of Commerce Penny Pritzker, Congressman Charles Boustany, Jr. (R-Louisiana), Senator Orrin Hatch (R-Utah), and Senator Ron Wyden (D-Oregon). The inclusion of these prominent figures among the APCAC Award’s honorees underscores the bipartisan nature of global economic development.

JHU Center For Talented Youth’s Groundbreaking Educational Program

5/16/2017

Harvey Goldstein, an American businessman residing in Singapore, has spearheaded foreign direct investment projects that have enabled growth in Indonesia and Southeast Asia’s emerging markets for more than four decades. Possessing a keen interest in education, Harvey Goldstein and his wife started a scholarship program to provide exemplary Singaporean students from low-income backgrounds with full scholarships to attend the Johns Hopkins University Center for Talented Youth (CTY).

The CTY program has its roots in the 1970s, with psychologist Julian Stanley’s groundbreaking work at JHU focused on academically advanced middle school students. Operating as a nonprofit, the center holds an annual Talent Search and brings together creative young minds from diverse backgrounds in shared learning endeavors. At the same time, students’ performance is evaluated and measured within an academic research setting.

The executive director of CTY, Elaine Hansen, recently wrote for the Baltimore Sun about education’s shifting priorities as grit, or the ability to persevere in the long term, becomes increasingly recognized as an attribute of success. According to this metric, sustained effort is a major contributor to overall success. While grit is often inversely correlated with innate talent, Ms. Hansen notes that engaging the grit part of students’ psyche requires asking them to actively think about why they are engaging in activities and what they have achieved thus far.

The World Bank - Guiding Private Investment Around Development Goals

5/3/2017

An accomplished American businessman, Harvey Goldstein is the chairman of Harvest International Inc., headquartered in Indonesia. Over the course of more than 30 years, he has helped to facilitate major private foreign investments in the emerging Southeast Asian region, including the multibillion-dollar Exxon Natuna LNG project in Indonesia in the 1990s. Harvey Goldstein has also worked with global financial entities such as the World Bank, the largest development institution in the world.

Founded in 1944 to assist countries ruined by World War II, the World Bank has grown in scope and now focuses on eradicating poverty and raising the prosperity of the world’s poorest people. World Bank President Jim Yong Kim, in a speech delivered in April 2017 at the London School of Economics, stated the need for a new approach to development finance.

The entire finance development system should look for innovative ways to encourage private investment in development projects which can provide commercial returns while also benefiting all stakeholders. Reforms must be introduced to not only reduce the risk of individual projects, but also to reduce the risk to entire countries while making projects commercially viable. There will still be projects, though, that cannot work under commercial terms and that will require concessional financing.

UWCSEA Students Outscore International Counterparts in IB Program

4/12/2017

Drawing on nearly five decades of experience in Southeast Asia, Harvey Goldstein presides over PT Harvest International in Indonesia and Business-Link Consultancy PTE LTD in Singapore. Alongside his presence in Indonesia and Singapore, Harvey Goldstein advocates for education as a supporter of the United World College of South East Asia.

The United World College of South East Asia (UWCSEA) is a leading international school located in Singapore. Founded in 1971, it educates more than 5,000 K-12 students from varied backgrounds across its two campuses.

Among its educational offerings, the school awards a diploma in the International Baccalaureate (IB) program, a challenging course of study in which students develop the skills and knowledge necessary for success in a globalized world. In 2016, 500 UWCSEA students were enrolled in the program. Outscoring their counterparts in other schools worldwide, UWCSEA achieved an average 99 percent pass rate, a significantly higher rate than the 80.8 percent international average.

Harvey Goldstein Offers Scholarships to Singaporean Students

3/8/2017

American businessman Harvey Goldstein leads both PT Harvest International Indonesia and Business-Link Consultancy in Singapore. Alongside his commitment to international finance in Indonesia, Harvey Goldstein invests in educational opportunities locally. He and his wife recently established a scholarship fund for local Singaporean students from disadvantaged backgrounds who are admitted to the Johns Hopkins University Center for Talented Youth (CTY).

Each year, the Johns Hopkins University Center for Talented Youth offers summer and online programs for exceptional students. Participating K-12 students are admitted based on their standardized test scores. The scholarship provides travel to the United States, tuition, and room and board for Singapore-based students.

The Center for Talented Youth has produced a wealth of notable alumni throughout the years, and many of its former participants have contributed to the fields of robotics, math, and science. Eleven year old Emma Yang recently used the skills she learned at CTY to create an app for people who live with Alzheimer's. Inspired by her own grandmother's experience, she developed a facial recognition tool, allowing patients to scan and quickly identify the people around them. Emma hopes to have her app “Timeless” available for download soon.

Foreign Direct Investment and Its Many Advantages

12/13/2016

A US-educated business professional with strong ties to Indonesia and other foreign countries, Harvey Goldstein currently serves as president of Indonesia’s PT Harvest International and director of Singapore’s Business-Link Consultancy. Harvey Goldstein advises clients in the field of foreign direct investment as part of his professional duties.

Investopedia defines foreign direct investment (FDI) as any investment that a company or entity based in one country makes into a company or entity based in another country. FDIs differ significantly from indirect foreign investments, such as portfolio flows, which involve the purchase of equities that are listed on a nation's stock exchange.

Investors who choose the FDI approach are often able to exert a substantial amount of influence upon and control over the companies into which they invest. They can also receive a range of lucrative tax incentives.

From the point of view of the company that receives direct overseas investment, the FDI approach carries with it a number of possible benefits including increased productivity and easier transfer of foreign goods and resources. In general, FDI can stimulate economic development and increase employment rates in the country of the company targeted for investment.