Transformation of the Cosmetic Industry Due to the COVID-19 Pandemic

The Covid-19 pandemic that occurred caused external shocks to every company, without exception, companies engaged in the cosmetic sector. This study aims to analyze the company's external factors that affect the strength of the company's external side and assess whether there is a potential for market development. This study uses a qualitative approach using PESTEL analysis. Data were obtained from interviews with resource persons related to cosmetic products (facial serum) and also from literature in the Jabodetabek area. This study resulted in a key success factor that can be adopted by businessman, namely understanding the behavior of cosmetic consumers, especially facial serum. By understanding consumer behavior, businessman can determine appropriate strategies according to each consumer group and can also improve the trademark performance of each facial serum business actor. In addition, the importance of innovating, transforming, and adapting quickly to a phenomenon (in this case the Covid-19 pandemic) makes business not stagnant, continues to grow and is able to capture new market potential. Keywords: cosmetic, Covid-19, facial serum, key success factor, PESTEL analysis.

Doing Business in Vietnam from the Perspectives of Polish Entrepreneurs – the Role of Local Partners

The purpose of this paper is to investigate the challenges of expanding into an emerging marketfor multinational enterprises (MNEs) and the strategies they adopted to overcome these adversities. Whileinterest in the expansion of MNEs into the Vietnamese market is increasing, there is a lack of research onthis process from the Polish businesses' perspectives, which may differ from existing literature. Theanalysis of information obtained by a semi-structured interview method shows that the psychic/culturaldistance is the most critical challenge the Polish enterprises must face when entering the Vietnamesemarket. The study also shows that the key success factor for the expansion of the Polish enterprises intothis market is a local partner, i.e., acquiring an appropriate Vietnamese partner, good cooperation withhim/her, and building mutual trust. As a result, among the available forms of internationalization, thePolish enterprises most often choose export and various forms of cooperation with local partners as themain ways to enter this market.

KEBIJAKAN SISTEM RESI GUDANG DALAM PENINGKATAN PENGEMBANGAN AGRIBISNIS: TINJAUAN SECARA KONSEP, MAKSUD, TUJUAN, FUNGSI DAN MANFAATNYA

Pertanian merupakan sektor sangat strategis dalam pengembangan agribismis di Indonesia, terdapat beberapa kendala umum permasalahan agribisnis di Indonesia terutama yang dialami petani kecil, yaitu terkait dengan pembiayaan, pemasaran, ketersediaan infrastruktur, serta intensif bagi peningkatan produksi. Fakta membuktikan, saat panen raya petani selalu dihadapkan pada turunnya harga sampai pada tingkat yang tidak menguntungkan di pasar. Tujuan dari kajian ini adalah melakukan Tinjauan secara Konsep, Maksud, Tujuan, Fungsi dan Manfaat Sistem Resi Gudang agar kebijakan ini lebih termanfaatkan oleh petani. Metode yang digunakan kajian deskriptif tentang Sistem Resi Gudang, data sekunder dengan kajian pustaka dan artikel jurnal. Hasil kajian ini kedepan digunakan untuk memperoleh rumusan keberhasilan (key success factor), dalam rangka peningkatan pemanfaatan SRG agar dapat diimplementasikan dalam skala yang lebih luas, serta menjadi referensi dalam menerapkan kebijakan SRG.

Clinical development innovation in rare diseases: lessons learned and best practices from the DevelopAKUre consortium

New opportunities have arisen for development of therapies for rare diseases with the increased focus and progress in the field. However, standardised framework integrating individual initiatives has not been formed. We present lessons learned and best practice from a collaborative success case in developing a treatment for a rare genetic disease. Our unique consortium model incorporated several of the identified developments under one project, DevelopAKUre, truly bringing together academia, industry and patient organisations in clinical drug development. We found that the equal partnership between all parties in our consortium was a key success factor creating a momentum based on a strong organisational culture where all partners had high engagement and taking ownership of the entire programme. With an agreed mutual objective, this provided synergies through connecting the strengths of the individual parties. Another key success factor was the central role of the patient organisation within the management team, and their unique study participants’ advocacy role securing the understanding and meeting the needs of the clinical study participants in real-time. This resulted in an accelerated enrolment into the clinical studies with a high retention rate allowing for delivery of the programme with significantly improved timelines. Our project was partly funded through an external EU research grant, enabling our model with equal partnership. Further attention within the community should be given to establishing a functional framework where sustainable funding and risk sharing between private and public organisations allow for our model to be replicated.

PECULIARITIES OF COMBAT SPORTS ATHLETES PSYCHOLOGICAL TRAINING

In the modern world of sports, exercise is not considered a key success factor. Sport is an environment in which individuals need to motivate themselves to achieve long-term goals. Athletes are constantly required to cope with the stress of training and competitive pressure and thus manage and regulate their emotions. Research aim – to analyze the literature and to reveal aspects of the effect of dance on girls’ motor abilities.

Inducing organizational resilience through collective mindfulness: A path towards an uninterrupted metamorphosis

Purpose This paper aims to highlight the potential role of collective mindfulness as a key success factor for organizational resilience. It also outlines the processes and essential contexts that support the cultivation of collective mindfulness capability in organizations. Design/methodology/approach A review of the relevant articles and current development in the area of organizational resilience and collective mindfulness provided an in-depth understanding and valuable insights into how collective mindfulness can be utilized to engender organizational resilience in the challenging business world. Findings This paper provides a brief overview over the crucial role of collective mindfulness capability in augmenting organizational resilience. Additionally, the processes of collective mindfulness and the essential contexts for developing and sustaining this capability is also unveiled. Originality/value The paper offers practical solutions for the anxiety faced by many organizations around the globe due to the relentless disruptions by highlighting on the potential role of collective mindfulness. It reveals the way that organizations can undertake to wade through the waves imposed by the current volatile environment by leveraging on collective mindfulness capability.

FAKTOR SUKSES (KEY SUCCESS FACTOR) KONTRAKTOR DALAM MENGIKUTI LELANG MENGGUNAKAN SISTEM E-PROCUREMENT DI KOTA LHOKSEUMAWE

<p>E-Procurement adalah proses pengadaan barang/jasa pemerintah yang pelaksanaannya dilakukan secara elektronik yang berbasis web/internet dengan memanfaatkan fasilitas teknologi komunikasi dan informasi yang meliputi pelelangan umum secara elektronik yang diselenggarakan oleh Layanan Pengadaan Secara Elektronik (LPSE). Kesuksesan kontraktor dalam mengikuti lelang secara e-procurement di kota Lhokseumawe ditentukan oleh faktor mengembangkan potensi dan sumber daya manusia, faktor memahami peraturan dan ketentuan hukum, faktor memanfaatkan penguasaan teknologi secara optimal, faktor memiliki infrastuktur yang memadai dan faktor mengadakan pengembangan sosialisasi. Dari hasil penelitian diperoleh perhitungan Cronbach Alpha 0,74 yang berarti kuesioner bisa digunakan sebagai alat mencapai tujuan penelitian. Dengan menggunakan program SPSS versi 17.0 for window diperoleh sebesar 0,755 ini berarti faktorfaktor tersebut berpengaruh terhadap kesuksesan kontraktor mengikui lelang secara e-procurement adalah sebesar 75,5% dan diperoleh persamaan analisis regresi yaitu: Y = 1,885 + 0,470X1 - 0,204X2 + 0,398X3 - 0,002X4 - 0,019X5 + ei, di mana faktor mengembangkan potensi dan sumber daya manusia (X1) faktor memanfaatkan penguasaan teknologi secara optimal (X3) mempunyai pengaruh yang signifikan terhadap kesuksesan kontraktor, sedangkan faktor memahami peraturan dan ketentuan hukum (X2), faktor memiliki infrastuktur yang memadai (X4) dan faktor mengadakan pengembangan sosialisasi (X5) tidak ada pengaruh yang signifikan terhadap kesuksesan kontraktor mengikui lelang secara e-procurement.</p><p> </p><p><strong>Kata Kunci:</strong> E-procurement, Faktor Sukses, Signifikan</p><p> </p>

Strategic Management from the Perspective of SMEs Operating in Service Sector

Purpose: Providing high quality services is a basis for long-term competitiveness of small and medium-sized enterprises. Recognizing the success factors of transformation and strategic management is an issue that has been frequently addressed in the past two decades. The goal of this article is to evaluate the strategy of small and medium-sized enterprises offering services in tourism and catering. Methodology/Approach: The qualitative analysis was based on 107 completed interviews. Two hypotheses were formulated and an Independence Test was applied. Chi-square Test and Cross Table Analyiss were used which enable to examine the relationship between 2 non-metric variables. The two examined variables related to our Hypothesis 1 were ordinal, and 1 ordinal, 1 nominal in the case of Hypothesis 2. The significance level was p=0.05. Findings: The obtained results show weak relationship between the size of the business and the awareness of the strategy. No relationship can be detected between the size of the business and the evaluation of the key success factor Research Limitation/Implication: The research activity and obtaining research data from SMEs was obstacled by the pandemic situation caused by COVID-19. The research was limited by external circumstances, so the interviews with company representatives could be conducted on online platforms. Originality/Value of paper: The paper examines how successful the SMEs involved in the research are in communicating the values and goals of the company to their employees. It brings important findings in the field of stretegy management which leads to high quality services in the case of providers.

When do service suppliers leave their platform?—The role of friendships

Platform organizations connect suppliers with customers. A key success factor for these organizations is the maintenance of a stable base of loyal suppliers. Interpersonal relationships (i.e., friendships) seem to be an ideal measure of suppliers’ loyalty, as the literature generally indicates that friendships within organizations decrease turnover intention. However, platforms are not fully comparable to traditional organizations, and the correlation between friendships and suppliers’ turnover intention is more complicated for platforms. To demonstrate that, this study analyzed a unique dataset from the music industry. The sample included 101 techno DJs (i.e., service suppliers) from 61 booking agencies (i.e., service platforms). The findings show that service suppliers’ turnover intention is considerably lower when they maintain friendships with the platform’s employees. However, friendships with other suppliers who use the same platform do not affect turnover intention. Managers of service platforms could use the results and suggestions of this paper to adapt their management practices to better suit their service suppliers.