scholarly journals Business Model Innovation towards Competitive Advantage: Case Study in Indonesian Cosmetics and Herbal Health Companies

2013 ◽  
Vol 5 (8) ◽  
pp. 385-393
Author(s):  
Anggraeni Permatasari ◽  
Wawan Dhewanto

The dynamic changes in business environment make competition among company more tightly in the global market. This situation makes each company prepared innovation strategies to win global market competition. This research examined innovation strategies in two biggest cosmetic and herbal health companies in Indonesia. The author used case study with exploratory approach to find out how company developing innovation strategies and what factors that influence company in formulating those strategies. The author used canvas business modelling for analysis data. Data collection used secondary data which gained through the company profile and literatures review. This result indicates that innovation in value proposition, customer segments and key partners has become solution in helping cosmetic and herbal health industry strives to survive and be ready to face global business challenges.

Author(s):  
Margaret Kamau ◽  
Isabella Sile

Absrtact This study investigated the influence of business environment efficiency on competitiveness of locally manufactured goods by Autosterile East Africa, Kenya. This study used case study design. This study sampled 69 respondents, including 8 top level employees, 22 middle level employees and 39 lower level employees in Autosterile East Africa. Census sampling was used to select the respondents. Secondary data was obtained from the Autosterile East Africa publications that touches on determinants of competitiveness. Questionnaires used in the survey formed the primary data and was analyzed by use of Statistical Packages for Social Science version 23. Linear regression analysis was done to test the relationship between the independent and dependent variables. The study findings led to the conclusion that business environment efficiency have a positive relationship with competitiveness of locally manufactured goods. The findings revealed that business environment efficiency is significant determinant of competitiveness of locally manufactured goods. It was found out that the demand for goods and services and political stability influences competition of goods and services. The regulations dictate the competition among companies and supply of goods and services controls a firm's competitive advantage. Keywords: Business environment efficiency, competitiveness, Locally manufactured goods, Autosterile East Africa.


2013 ◽  
Vol 357-360 ◽  
pp. 2498-2504 ◽  
Author(s):  
Chuan Chen ◽  
Can Hui Jiang ◽  
Hong Jiang Li

With more and more emerging contractors from developing economies struggling to enter the global market eagerly pursuing new jobs, both incumbent and new entrants have to confront a fierce market competition and suffer from a declining bargaining power when dealing with the owner. FIDIC contract conditions, although originally formulated to provide a relatively fair baseline in construction transaction setting are then often modified in favor of the owner in practice. This study identified and classified modifications in the turnkey contract of the Hai Phong Power Plant II project located in Hai Phong, Vietnam and assessed these modification categories in terms of frequency and risk allocation. The case study provided evidence and lessons-learned in association with contract modification and redesign regarding the widely applied FIDIC Silver Book conditions for academics, practitioners and professional associations involved in international construction business.


2013 ◽  
Vol 4 (4) ◽  
pp. 66-75
Author(s):  
Ilkka Sillanpää ◽  
Nurul Aida binti Abdul Malek ◽  
Josu Takala

Abstract This case study research aims to compare the performance of the implementation of supply chain management (SCM) strategies within Asian and European Companies. The case study measures company’s opinions of supply chain strategy implementation through utilization of Sense and Response methodology. Critical Factor Index (CFI), Balanced Critical Factor Index (BCFI) and Scaled Critical Factor Index (SCFI) are used in this study to represent the result of comparison between European and Asian companies. From the analysis of comparison of all Sense and Response models, it can be concluded that there are differences and similarities of critical attributes that affecting supply chain strategy implementation in Asian and European companies. There are two attributes that have consistent trend for both regions; innovation and organization structure. In this research the analysis of supply chain strategy implementation was made for the needs of manufacturing industry. Suggestions for future research are multiple case studies in different industry areas in global business environment. The results provide a guideline to the company to measure the right attributes for making the right decision in a dynamic environment. It also provides good knowledge for companies to implement supply chain strategies, the main approaches to implement it and the main challenges in supply chain strategy implementation. Supply chain strategy implementation was analyzed in the European and Asian companies. This research shows that there are several developing areas for companies when implementing supply chain strategies.


2018 ◽  
Vol 69 (01) ◽  
pp. 37-43 ◽  
Author(s):  
TUDOR LIVIU

Traditionally, Textile and Clothing Industry has been known for its incremental changes but the current global business environment creates the premises of multiple organizational disruptive changes. Change Management helps people to transition structural change in a positive and efficient manner. Small and medium enterprises in Textile and Clothing Industry face a particular set of challenges – new technologies requiring high investments, relocation arbitrage on labor costs, regional industry protectionism, volatile consumer preferences, need for new managerial skills etc. – all these demanding a rebalance of managerial focus from operational excellence to strategic and change management excellence. A Change Management Model, with associated implementation discipline and attention to global market trends, represents a necessity for current managers active in Textile and Clothing Market.


2020 ◽  
Vol 9 (4) ◽  
pp. 92
Author(s):  
Diyar A. Mustafa Khoshnaw ◽  
Ari A. Hameed

The current area characterized with strong competition, the changing pattern of the business, move the value from physicals to knowledges and information, and the shift of the benefits from traditional competition cognitive and intellectual assets, most of the organizations are looking for new methods to achieve a state of leadership and uniqueness in the global market in order to develop the competition.The current study aimed to identify the role of Entrepreneur Strategies on improving cognitive positioning in the global business area. Moreover, field testing of the views of leaders as a sample of foreign organization operating in Erbil - Iraq, where these dimensions vary in their effects towards the competitive position in global business sector, because of rapid changes in the global business environment as a result of increased competition, as well as the variation of the capacity of the organizations in the adoption of competitive as one of the modern models in the conduct of organizations. This is why the subject of entrepreneur strategies and cognitive positioning in global business became under the attention of many researchers and scholars being of contemporary themes with impact on the performance of organizations in pursuit of excellence on others, prompting the researcher to choose these subjects to be his field for study.


Author(s):  
Bojan Vavtar ◽  
Andrej Škraba

The development of effective organizational systems is one of the most important factors of business success. Radical economic and political changes and the rapid development of the global economic environment trigger public debates in all social structures on the state of entrepreneurial culture, based on generally accepted ethical and legal principles. Ethical business problems have a global dimension and are particularly clearly reflected at the local level of operation. By joining wider social and entrepreneurial structures, Slovenia also accepts global rules of entrepreneurial activity. Growing competition in the global market requires companies to provide superior products, services and ethically and legally correct operations, which is one of the central factors of success in the global business environment. In this paper, we discuss the important relationships between ethics, respect for legal principles and the effectiveness of organizations.


2014 ◽  
Vol 52 (3) ◽  
pp. 573-601 ◽  
Author(s):  
Michael E. Prescott

Purpose – The purpose of this paper is to illustrate how an international company, Nielsen Holdings, reacted to changes in their highly competitive industry brought about by advances in technology. This case presents the strategic management decisions that enabled Nielsen to regain its competitive advantage. This case further describes the functioning of the resource-based view (RBV) of strategy, dynamic capabilities framework, and digital data genesis (DDG), in a turbulent business environment. Design/methodology/approach – The case study is based primarily upon secondary data to include annual reports, press releases, company web site, as well as articles. Findings – The case study provides an example of the functioning of a once durable competitive advantage that was eroded due to advances in technology, and the steps the company took to regain that advantage. The paper illustrates the functioning of a capability and a dynamic capability in DDG. Practical implications – This case can be used for the teaching of decision making, business strategy, the RBV of strategy, dynamics capabilities, and DDG. Originality/value – This paper provides an example of the functioning of the capability and dynamic capability of DDG.


2019 ◽  
Vol 52 (1) ◽  
pp. 56-68
Author(s):  
Mirjana Radović-Marković ◽  
Zvonko Brnjas ◽  
Vladimir Simović

This paper aims to explore the importance of globalization for the development of entrepreneurship. Changes in global business environment require new business strategies. Small business owners are expected to be able to develop the resiliency of their businesses so that they can face severe external conditions. Their sustainability depends on the resilience but also on the perspectives of long-term business operations. Therefore, small and medium-sized enterprises must demonstrate their ability to anticipate changes in the market, react to them, and initiate them. This implies improvement of basic processes, learning new skills and closer cooperation with external and internal partners. Small enterprises need to redefine their goals and use their resources more effectively as a necessary condition for expanding maneuvering space for growth and for achieving sustainable development. Finally, it is concluded that organizations must establish the right balance between the challenges and benefits of globalization, and the four basic areas for achieving the right balance are adequate cost, human resources and risk management, as well as the formulation of a strategy that follows the requirements of the global market game.  


Author(s):  
Dian Kurniawati ◽  
Ani Rohmah Yanti

ABSTRACTOne of the leading exports in Indonesia from the manufacturing industry is furniture. One of the areas with the largest furniture export in Indonesia, namely Yogyakarta. CV. Dbest Furniture is one of the exporters of furniture exporting recycle teak to 22 countries. However, for long-term business development the company owners face the challenge of high level of furniture sales competition in the global market. Therefore, this study explores the exporter's efforts in the furniture industry in developing its business in the midst of global competition. The method used in this research is qualitative approach based on case study. Data collection is done by in-depth interview to company owner CV. Dbest Furniture. In addition to interviews, data collection through field observation, recording, record and documentation. From the results of the study CV company. Dbest Furniture, business and export processes work with local partners to supply wood raw materials from timber companies in Jepara, East Java, and with overseas partners in Singapore to run the promotion and ordering of products and payment processes. Excellence CV. Dbest Furniture is using used wood as the main raw material and has SVLK license (Timber Legal Verification System) which become the attraction for foreign consumer. Company CV. Dbest Furniture has good business development potential in the international market. However, the company faces challenges with new companies entering the furniture industry market by offering lower prices. The company's strategy for long-term business development continues to improve the quality of environmentally-based products to maintain the trust of customers and consumers. Therefore through this case study answer the challenge of furniture exporters to survive in the global market competition in the long term.Keywords                    : export, furniture industry, global challenges.Correspondence to      : [email protected], [email protected] ABSTRAK  Salah satu ekspor unggulan di Indonesia dari industri manufaktur adalah furnitur. Salah satu wilayah dengan ekspor furniture terbesar di Indonesia, yaitu Yogyakarta. CV. Dbest Furnitur merupakan salah satu eksportir furnitur yang mengekspor jati recycle ke 22 negara. Namun, untuk pengembangan usaha dalam jangka panjang pemilik perusahaan menghadapi tantangan tingginya tingkat persaingan penjualan furniture di pasar global. Oleh karenanya, penelitian ini mengeksplorasi upaya eksportir pada industri furnitur dalam mengembangkan usahanya di tengah persaingan global. Metode yang digunakan dalam  penelitian ini adalah pendekatan kualitatif berbasis studi kasus. Pengumpulan data dilakukan dengan wawancara yang mendalam kepada pemilik perusahaan CV. Dbest Furniture. Selain melakukan wawancara, pengumpulan data melalui observasi hasil lapangan, merekam, membut catatan dan dokumentasi. Dari hasil kajian perusahaan CV. Dbest Furniture, proses bisnis dan ekspor bekerjasama dengan mitra lokal untuk suplai bahan baku kayu dari pengusaha kayu di Jepara,Jawa Timur, dan dengan mitra luar negeri di Singapura untuk menjalankan promosi dan pemesanan produk serta proses pembayaran. Keunggulan CV. Dbest Furniture adalah menggunakan kayu bekas sebagai bahan baku utama dan memiliki izin SVLK (Sistem Verifikasi Legal Kayu) yang menjadi daya tarik bagi konsumen mancanegara. Perusahaan CV. Dbest Furniture memiliki potensi pengembangan usaha yang baik di pasar internasional. Akan tetapi perusahaan menghadapi tantangan dengan adanya perusahaan baru  yang  masuk  kedalam pasar industri furnitur dengan menawarkan harga yang lebih murah.Strategi perusahaan untuk pengembangan usaha jangka panjang dengan terus meningkatkan kualitas produk berbasis ramah lingkungan untuk menjaga kepercayaan pelanggan dan konsumennya. Oleh karenanya melalui studi kasus ini menjawab tantangan eksportir furnitur untuk bertahan pada persaingan pasar global di jangka panjang.Kata kunci                  : ekspor, industri furnitur, tantangan global.Korespondensi             : [email protected], [email protected]


Catharsis ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 77-84
Author(s):  
Wahyu Prasetyo Bekti ◽  
Sunarto Sunarto ◽  
Udi Utomo

Jaranan Pogogan art Teguh Rahayu have its own uniqueness. The uniqueness lies in the presentation performed on stage, and is presented by two male dancers who dress up like a pretty woman. A dancer is as a Sasra and another dancer is as Pogog. The purpose of this research is to analyse the values of the art performance of Jaranan Pogogan Teguh Rahayu. This study used a descriptive qualitative approach with a case study model at the art performance of Jaranan Pogogan Teguh Rahayu. This research was conducted in Sugihwaras village, Prambon Sub-district, Nganjuk Regency. The data in this research is classified as two, namely primary data and secondary data. The data collection techniques in this study are field observations, interviews, documents, and library studies. The triangulation is used as the process in the validity of the data of this study. Technique of analysis data used data reduction, data presentation and conclusion and verification. The results showed that there are four values contained in the Pogogan Teguh Rahayu Arts Museum, they are as follows; the value of deity, the value of goodness, the value of righteousness, and the value of beauty. This analysis uses some value on the Pogogan Teguh Rahayu Art which the values reflected in daily activities.


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