scholarly journals Business Strategy Formulation to Increase Profit of Agung Artomoro Company

2020 ◽  
Vol 3 (1) ◽  
pp. 34-40
Author(s):  
Mahfudhotul Ainiyah ◽  
Sonny Rustiadi
Keyword(s):  
Business Model ◽  
Business Strategy ◽  
Business Performance ◽  
Government Regulation ◽  
Design Method ◽  
Research Question ◽  
Paper Industry ◽  
Use Of Resources ◽  
External Analysis ◽  
Resources And Capabilities

Agung Artomoro is a service company operating since February 2012. The company was established because of the high number of migrants in Indonesia associated with the high demand for labor in the plantation industry. The company focuses on offering full package service in providing labor for plantation, providing goods for plantation labor, and providing transportation service. Since it was founded, the company continues to get a positive earning year to year, but the increase in revenue followed by an increase in the cost, and it causes profit stagnation. This research investigates what causes of the stagnation in company profit. The research question design method was used in this paper, which involves using a qualitative research interview in collecting data from 11 respondents, including internal and external parties. The external analysis results show that the pulp and paper industry is still growing, which supported by government regulation. The internal analysis results show that the company has resources and capabilities that have not been fully maximized. The conclusion of the internal and external analysis resulted in details of SWOT analysis tools and formulated into the Fishbone analysis to discover the root cause of the company's problem. This research aims to create a new business model by proposing a few strategies to increase business performance evaluation for internal development. The researcher selected two strategies obtained from Porter’s Generic Strategy, which used a vertical integration strategy, both integrating backward and integrating forward.  The results of the proposed strategies are mapped into Business Model Canvas and highlight how cost leadership strategy can maximize the use of resources and capabilities to make business performance more effective and efficient and create sustainability in competitive advantages.

Increasing Business Performance in the Digital Era through Improving Business Models

2017 ◽  
Vol 2 (2) ◽  
pp. 09-16
Author(s):  
Agus Achmad Suhendra
Keyword(s):  
Business Model ◽  
Business Strategy ◽  
Business Performance ◽  
Business Models ◽  
Jel Classification ◽  
Lessons Learned ◽  
Digital Era ◽  
New Findings ◽  
Wide Range ◽  
Market Behaviour

Objective - Recently, Indonesian companies have been facing a change in market behaviour due to the emergence of the digital era, in which a wide range of digital products have become a necessity in the lifestyle of Indonesian people. This situation calls for a strategic response by Indonesian companies in order to continue the sustainability of their business. One of these strategic responses is the improvement of business models. Methodology/Technique - This paper presents lessons learned from a number of companies in Indonesia that have successfully innovated and improved their business models. The research uses a mixed methodology, combining both quantitative and qualitative methods. Based on the findings, the research concludes that Indonesian market behaviours have been changing due to the emergence of the digital era. Those changes have encouraged many companies to innovate and improve their business models to ensure their company's business model fits with the changing market behaviour. The strategies discussed are effective in ensuring the growth and sustainability of Indonesian businesses. Findings - This study presents new findings on the environmental elements that affect business strategy, particularly socio-technology. It is the aspect of social behaviour that is stimulated by technological change. Novelty - The research also contributes to the development of the concept and knowledge of the digital economy. Type of Paper: Empirical Keywords: Digital Era; Business Model; Business Performance; Design; Innovation; Improvement. JEL Classification: L11, L25.

scholarly journals Proposed Business Strategy for Publishing Company (Case Study: CV Gema Usaha in Solo)

2020 ◽  
Vol 5 (4) ◽  
Author(s):  
Nadhira Khairunnisa ◽  
Harimukti Wandebori
Keyword(s):  
High School ◽  
Human Resources ◽  
Business Model ◽  
Junior High School ◽  
Business Strategy ◽  
Publishing Industry ◽  
Primary Data ◽  
Demand Model ◽  
Book Publishing Industry ◽  
External Analysis

CV Gema Usaha is a company running in book publishing industry, provides school books for junior high school, high school, and vocational school in Indonesia. For the past 3 years (2016-2018) the company has been suffering from some problems that affect the business sustainability. Looking from the internal perspectives, the company has high inventory, lacking in human resources, and high receivables which affect the business at CV Gema Usaha. This condition causes a value-reducing for the company. To be able to survive in the publishing industry, improvements need to be made to their business strategy. Business strategy improvement is proposed based on internal and external analysis. An evaluation of the business model currently applied is also carried out by analyzing the current business model canvas. This study uses qualitative methods using primary data and secondary data. The results of internal and external analysis produce SWOT analysis which is then used to propose strategic solutions in the form of TOWS matrix and new business model. The strategy proposed for the company is to adapt the integrated cost leadership and differentiation business strategy, and shift the publishing business model from a conventional publishing to a base on demand model, by implementing the long tail business model that is equipped with a multi-sided platform. This strategy is expected to solve the main problem of the company namely high inventories, low in cash, and limited human resources.

scholarly journals Competitive advantage differences between firms belonging to a business group and independent companies in the Spanish wine industry

2018 ◽  
Vol 17 (2) ◽  
pp. 105 ◽  
Author(s):  
Juan Ramón Ferrer-Lorenzo ◽  
Silvia Abella-Garcés ◽  
Teresa Maza-Rubio
Keyword(s):  
Competitive Advantage ◽  
Business Strategy ◽  
Business Performance ◽  
Business Group ◽  
Wine Industry ◽  
Competitive Advantages ◽  
Resources And Capabilities

A high percentage of companies that compete in the market belong to a business group. This paper analyses the competitive advantages between independent firms and firms belonging to a business group, focusing on the Spanish wine industry. The authors studied 339 wineries, compared their resources and capabilities, the strategies used and their business performance. The results suggest that while resources and capabilities are key for independent firms it is the business strategy that is most important for firms belonging to a business group. The study sheds more light on the application of specific elements to explain a firm’s business performance.

scholarly journals Systemic Design Method for Co-creation of 3D Printing Service

2016 ◽  
Author(s):  
Ding Zhou ◽  
Jiabei Jiang ◽  
Yuqing Zou
Keyword(s):  
3D Printing ◽  
Business Strategy ◽  
Design Method ◽  
Research Question ◽  
Service Innovation ◽  
Building Blocks ◽  
Additive Manufacture ◽  
Service Market ◽  
Product Customization ◽  
Systemic Design

Background- As one of the objectives of Design for Additive Manufacture, the capability of customized geometry promotes 3D printing to increasingly realize product customization in the service market. Defined as a business strategy focusing on customer experience and interaction, co-creation is expected to obtain fast-growing market volume. Recently, some co-creation of 3D printing service (3DPS) have been released to realize value creation. Despite its rapid growth, there is little research on this field, especially its design method. Aim- This research aims to define a systemic design method for developing the co-creation of 3DPS. Method- First, this research distinguished ambiguous-type and definite-type of 3DPS co-creation. The latter was taken as the current research object, because it presents the services scope more clearly. Furthermore, in order to solve the research question, that is, how to organize the service innovation for 3DPS co-creation, evidence needed to be collected by observing the mentioned cases. Therefore, holistic multiple-case study of 3DPS co-creation samples was designed and conducted, as it was herein employed as the research method. This research is divided into three sections. The first section presents the preparation for data collection, involving case selection and the formulation of evidence collection. The second section analyzes the collected evidences. Based on the evidence analysis, the third section concludes the knowledge of 3DPS co-creation. In order to collect adequate evidences, a pair of models was employed to build a framework. The first one is the Den Hertog's service innovation model, which presents four dimensions including new service concept, new client interface, new service delivery system, and technological options. Another model refers to the building blocks of interactions for value co-creation: dialogue, access, risk-benefits, and transparency, presenting the components in basis construction, which are necessary for the interaction between consumer and service provider. Finding- The findings conclude a systemic design method for 3DPS co-creation, which is divided into the following steps: embedding 3DPS co-creation in current product customization, developing a WebGL-based interface for service processes, preparing 3D printing technology for customized results, evaluating and optimizing the co-creation structure according to the standard including clear dialogues, complete customization access, reasonable understanding of risk-benefits, and ideal transparency.Conclusion- This research proposes a systemic design method for co-creation of 3DPS, which promises benefits to enterprises engaged in the 3D printing service, and will contribute to promoting co-creation in the context of service design and other related fields.DOI: http://dx.doi.org/10.4995/IFDP.2016.3144

Halal Logistics Practices: Logistics Service Provider Cases in Indonesia

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Faridatus Saidah ◽  
Yuliani Dwi Lestari
Keyword(s):  
Service Provider ◽  
Business Strategy ◽  
Business Performance ◽  
Business Management ◽  
Structured Interview ◽  
Internal Factors ◽  
Logistics Service ◽  
Logistics Service Provider ◽  
Logistic Service ◽  
Market Driven

This study examines critical factors in affecting halal business management, particularly challenges in Halal logistics implementation faced by the logistics service provider as well as its potential and opportunities for Halal based business in Indonesia. An In-depth, semi-structured interview is conducted to deepen the understanding and to provide detailed data of the study. The study found that there are several factors influencing halal logistics implementation. In terms of business strategy, there are external and internal factors that affect halal logistics practices. Such as market-driven, perception benefit of halal logistic certification followed by customer loyalty, challenges in implementing halal logistics, the complexity of operation halal logistics, and invariably regulation factors. All of those factors have become a prior factor in implementing halal logistics practices. The findings can provide a guideline in how to implement halal logistics practices in logistic service provider business, especially in transportation and warehousing process, along with the expected result for its business performance.

Exploring dotcom failure: A mediator modeling approach

2004 ◽  
Vol 23 (4) ◽  
pp. 257-268
Author(s):  
Muhammad A. Razi ◽  
J. Michael Tarn
Keyword(s):  
Correlation Analysis ◽  
Business Model ◽  
Business Strategy ◽  
Practical Implication ◽  
Exogenous Variables ◽  
Front End ◽  
Endogenous Variables ◽  
Strategic Position ◽  
Angle Of View ◽  
Technology Strategies

In this research, the vital factors responsible for the demise of many dotcoms are identified and investigated. A mediator model is presented to explore possible relationships among the exogenous and endogenous variables in accordance with business and technology strategies. Two major analyses are conducted to examine the primary causes for dotcom failure. The first analysis examines the relationships between exogenous and endogenous variables based on the quasi-empirical findings from 50 failed dotcoms. The second analysis conducts a non-parametric correlation analysis of the variables. The results indicate that exogenous variables, fund and competition, influence the endogenous variables, staff, front-end operation, back-end operation, and business strategy. The practical implication of this study is to provide current and future dotcoms with another angle of view for assessing and adjusting their strategic position by evaluating those critical determinants and their inter-relationships so that a robust business model can be implemented.

scholarly journals Sustainable Business Model Innovations in the Value Uncaptured Manufacturing Industry: Fitting Gains—Gain Creators

2021 ◽  
Vol 13 (10) ◽  
pp. 5647
Author(s):  
Burhan ◽  
Udisubakti Ciptomulyono ◽  
Moses Singgih ◽  
Imam Baihaqi
Keyword(s):  
Business Model ◽  
Environmental Quality ◽  
Manufacturing Industry ◽  
Design Method ◽  
Pairwise Comparison ◽  
Comparison Method ◽  
Value Proposition ◽  
Sustainable Business ◽  
Sustainability Index ◽  
Index Matrix

Increased manufacturing activity has an impact on environmental quality degradation. Waste generated from manufacturing activities is one of the causes. Previous studies have referred to this waste as value uncaptured. Minimizing value uncaptured is a solution to improve environmental quality. This study aims to reduce value uncaptured by converting it into value captured. This process requires a value proposition design approach because of its advantages. One of the advantages of this approach is that it can improve existing or future products/services. To do so, this research uses a case study of a furniture company. To implement a converting process, a sustainable business model is proposed to solve this problem. This business model combines several methods: value proposition design, house of value and the product sustainability index matrix. Recently, the existing value proposition problem-solving has been using the value proposition design method. This research proposed implementing a house of value to replace the fitting process. The questionnaire is developed to obtain various value uncaptured in the company. To the weight of the value uncaptured, this research utilized the pairwise comparison method. Then, the weights could represent the importance of jobs. Based on the highest weight of these jobs, the alternative gains would be selected. To provide the weight of the gain creators and value captured, the house of value method is developed. Referring to three pillars of sustainability, the value captured should be considered. This research proposed implementing a product sustainability index which in turn produces eco-friendly products. This study produces “eco-friendly products” as sustainability value captured. The sustainability business model could be an alternative policy to minimize the existence of value uncaptured.

The new retail model: global reach demands omni-channels

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Guillaume Do Vale ◽  
Isabelle Collin-Lachaud ◽  
Xavier Lecocq
Keyword(s):  
Business Model ◽  
Business Strategy ◽  
Academic Research ◽  
Transformation Process ◽  
Content Type ◽  
New Business ◽  
Business Cases ◽  
Established Firms ◽  
New Consumer ◽  
Global Reach

Purpose To cope with online competitors and new consumer behaviors, retailers need to hybrid digital and physical offerings to implement an omni-channel business model. This constitutes a digital transformation of the traditional business model. However, business cases on how traditional retailers are shifting from multi-channel to omni-channel retailing are lacking. This paper aims to explore the different issues and organizational paths during the transformation of a business model. Design/methodology/approach This study is based on a qualitative multiple case study of five retailers with a global reach currently implementing an omni-channel business model. Findings This research sheds light on three main issues encountered by retailers and the different underlying decisions when moving toward an omni-channel business model. The first relates to revenue attribution across channels, which involves rethinking traditional key performance indicators to give incentives to stores when promoting digital offers. The second issue concerns the supply chain decisions associated with cross-channel operations. The third issue relates to the delicate balance between global reach (digital channel) and local reach (specific store) for communication on social media and marketing decisions on pricing. This study provides empirical evidence about the variety of choices that retailers make to cope with the issues during the implementation of an omni-channel business model. Originality/value This work explores the issues faced by established firms when moving toward a new business model that is the hybridization of two existing business model managed separately. It provides comprehensive and clear illustration of how to manage such a business model transformation process that can be used by both business strategy practice and academic research.

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