Claim Missing Document
Check
Articles

Found 12 Documents
Search

Strategy to develop and manage an aquaponic farm: case of kebun bersama Ariesto Herman, Bintang; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 7, No 3 (2018)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. Kebun Bersama is the designation for the aquaponic garden owned by the author. Apart from being a hobby, it also has a high economic value. Its products are organic vegetable and fruit accompanied by source of animal protein in the form of fish, made aquaponic becoming an interesting urban farming system. The problems faced by Kebun Bersama and the aquaponic farmers are; marketing, aquaponic installation costs and production capacity. Today, Kebun Bersama and aquaponic farmers can only utilize community forums as a medium for products and self-introduction to the public, to reach a wider market this is ineffective marketing tool. The initial cost for aquaponic installation is expensive, many people are rethinking for installing aquaponic because of the risk of failure. The third problem is the production capacity, as urban farmers who use limited land and faced the expensive cost of developing the system makes aquaponic farmers distress in the provision of large production. Based on the results of the analysis of the initial condition of aquaponic farmers which is then coupled with the results of interviews and questionnaires, the authors can formulate a new strategy that can support the business of aquaponic farmers. The strategy can be seen in TOWS Matrix and Strategy Diamond in this research. The results of this study indicate that Kebun Bersama must sell aquaponic system installation, training session, and various things related to Aquaponic to get more profit. Then Kebun Bersama should develop an application/system that helps solve marketing problems and has a function as an online training system. Using the system, Kebun Bersama can also create collaboration between aquaponic farmers; a system that can help monitor the activities of aquaponic farmers in a community, as a media sharing progress update and media consultation. Feedback from every consumer will be a marketing tool within the system created by Kebun Bersama. Using this system Kebun Bersama will have benefits in terms of acquisition of new consumers as well as repeat order from existing customers. Keywords: Business Strategy, TOWS Matrix, Business Canvas Model, Strategy Diamond, The Lean Startup, Aquaponic
Business development with strategic management decision for bank millenial indonesia, tbk Venato, Graeta; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 8, No 1 (2019)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract - Bank Millennial Indonesia is one the financial institution specialized for commercial business focus. The bank recorded the position in Bank Umum Kegiatan Usaha (BUKU) 3rd category for asset proportion. Bank Millennial Indonesia established on June, 10th 1980. Formerly, the bank known as Indonesian Citizen Bank. In the journey of business, the bank merged with some commercial Bank and changed the name of the Bank from Bank Citizen Indonesia to Bank Millennial Indonesia. The Bank already listed in Indonesian stock exchange with Initial Public Offering on July 2010.  The main focus of Bank is to provide loan product for customer in Usaha Mikro Kecil Menengah (UMKM) and to provide saving and time deposit product for Indonesian Citizen with good interest deposit for the customer. The cost strategy offered with low interest loan and high interest deposit. In one interview, the CEO's explained that the bank should be focusing on loan number proportion in 2019. The bank would be using the bank’s competitive advantage to increase the bank's Net Interest Margin. The target of Loan consumption especially for retail segment and UMKM. In other explanation, the CEO's told that the increasing number of Non-Performing Loan is one of the bank challenges in the following years. The NPL number raised because some of the corporate customers delayed their payment. It potentially increased the percentage of bad debt and NPL ratio. Facing this challenge, the composition of low-interest for Loan and high-interest for deposit should help the bank's staff to attracting more customer and help the bank to facing the challenge. This Final Project included with the bank's internal and external problem analysis and included with the research objective to increase the bank’s profit. This Final Project also contain with strategic improvement planning in the following years especially to reduce NPL number, increase Net Interest Income, and Increase Fee-based income.Keyword: Advertising Product, Non-Performing Loan, Service, Strategy
Business Strategy Development for HAWS Home Accessories Nur Prasetyo, Fajri; Dung DO, Anh
The Indonesian Journal of Business Administration Vol 6, No 3 (2017)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. EBS is Indonesian e-reader application to find and read the replica of magazines, books and newspaper in digital format. EBS is one of FACT products that was founded in 2010. FACT is an Indonesian emerging apps company that is bridging content providers with its latest mobile technologies with great UI/UX design and data-driven to build an extensive service for our clients, either individual or enterprise. EBS e-book reader is the solution to overcome issue of declining reading interest in Indonesia which the factor is coming from nation’s cultural vitality where is having lower practice of literate behavior.  By analyzing the situation from external factor which is quite high competition within e-publishing, government support to drive digital economy, and higher funding from investor to growing digital startup, as well as internal factor which has suppliers from local and foreign publishers, having assets of cloud storage, also providing various payment method strengthened five elements to meet business strategy for increasing penetration in potential market among Z generation: targeted area where most university are located, maximizing internal development, developing adaptability and customization features, build three stages of deployment: utilizing KOL, social media and acquiring new market in high school, also set lowest cost through scale of advantages.  The business strategy is certainly supported by research methodology based on quantitative analysis in which the information is collected from two sources data: primary data by interviewing with management team from executive through managerial level and questionnaire that is addressed to 47 respondents from e-book reader customers and public, also secondary data which the data is obtained from the reference book, journal and publications. This research has the aim to identify profiling of current consumers involves living in area with higher mobilization, time behavior where they used to read at least two hours in a day, typical of book that they frequently read, most application used through what channels that they search for.  Keywords: E-book reader, Digital Economy, Z Generation, Business Strategy, Quantitative Analysis
Strategy to grow a small and medium enterprise (sme): a case of an islamic fashion company Febrian Ismet, Rizky; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 5, No 3 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. Records from Indonesia central statistical agency (BPS) showed the development of SMEs is growing rapidly in recent years, and making it as one of the economic backbone of the Indonesian economy. In BPS record stated that the contribution of SMEs to Indonesia's GDP is around 60% and it creates very large employment opportunities. One fast growing SMEs industry is the manufacturing industry where one the market is Islamic clothing industry. As a country with the largest Muslim population in the world created the Islamic apparel market has a very attractive of selling value and as evidenced it created of high competitiveness among business Islamic clothing owners from being able to attract buyers. Hence, the condition causes each company requires specific strategies in order to grow and compete in this industry. One of the small categorize company is Fadhila Zahra, which produce and sell Islamic clothing products. With limited capital and resource, the company start having a declining sales and revenue due to improper strategies applied. In this paper the author will provide strategy for Fadhila Zahra Company in order to growth and sustain in the industry by understanding the competitiveness concept, internal and external analysis followed with collecting consumer’s feedback through questioners and In-depth Interview with other business in the industry.  Keywords: SME, Competitiveness, Business Strategy 
How to remain competitive in the trucking business: case of pt lookman bersaudara sukses Widyatmaja Lookman, Sandra; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 5, No 2 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract—PT Lookman Bersaudara Sukses (LBS) is an Indonesian trucking company. In the trucking business, LBS serves full container load and less-than-container load services. LBS was established in Jakarta in 1978 and started its business as a trader of imported fruit. In 1988, a decade after its establishment, the company decided to shift its focus to be a trucking company, after the two Lookman brothers concluded that fruit business in Indonesia was not as promising as before. In 2014, the company changed its name from Lookman Brothers to PT Lookman Bersaudara Sukses. The service coverage of LBS is focused in Java, transporting customers’ products from Greater Jakarta area to East Java area, vice versa, and some areas of West and Central Java. In the recent years, the road transportation service companies, especially trucking companies, have grown significantly. Moreover, these trucking companies serve quite similar services from one to another, which are full container load and less-than-container load services. Unfortunately, customers of the trucking companies only pay attention on the on time and safe delivery, the customers don’t really care about any service differentiation that was given by the trucking companies, like tracking system and GPS implementation that is applied by LBS. Furthermore, the growing number of trucking companies, range from big to small companies, eventually lead to the price war since the companies make efforts to maintain their current customers and acquire new customers. In order to remain competitive in Indonesian trucking business and to bring LBS to be sustained in the future, LBS needs to develop and implement appropriate generic strategy and competitive advantages as well as improve the existing business model canvas. This final project began with external and internal analysis of the company. The external analysis is conducted using PESTEL Framework, Porter’s Five-Forces Model, and Competitor Analysis. PESTEL Framework analysis shows that trucking business still has business opportunities in Indonesia. Porter’s Five-Forces Model explains the competition within the industry and shows how intense the rivalry among competitors in the business. Competitor Analysis describes the comparison between LBS and its competitors. Furthermore, the internal analysis consists of Resource-Based View and Business Model Canvas. Resource-Based View shows the competitive advantages of LBS and Business Model Canvas illustrate the comprehensive nine business building blocks of LBS. Customer-based research, using questionnaires and interviews, was conducted to know further customers’ opinion and assumption on LBS current business strategy and model, the competitive advantages LBS customers need to be provided, the appropriate generic strategy to be implemented in the trucking business, and the improvement on LBS existing business model. After analyzing the result of the research and knowing that LBS needs to improve its existing business strategy, the final project is continued to formulate a set of solutions to find ways for LBS to remain competitive in the trucking business. The business solutions are composed of the appropriate generic strategy, appropriate competitive advantages, proposed business model canvas improvement, and related diversification to be applied by LBS. Moreover, the implementation plan is also prepared in order to achieve LBS above-average performance. By achieving above-average performance, LBS will remain competitive in the trucking business in Indonesia. Keywords: trucking business, generic strategy, competitive advantage, business model canvas
Business model development for a board game café at gading serpong, Tangerang Hosana, Lifiester; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 7, No 1 (2018)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract – This final project is about the business model development of Games On Café (G.O.C), a recently founded board game café located at Gading Serpong, Tangerang. Its business is a combination of café and interactive games. The business situation analysis covers the external environment, the internal environment and the financial analysis. PESTEL and Porter’s Five Forces are used as tools to analyze the external environment analysis, whereas the internal factors are examined by using value chain analysis. Based on the result of primary data collection, combined with the literature study, the author identifies G.O.C to adopt the differentiation focus strategy, according to Porter’s generic strategies. Having defined the generic strategies, the comprehensive business strategy is further developed by using business model canvas. Furthermore, the financial feasibility analysis is done using NPV, IRR, and payback period.Keywords: board games café, PESTEL, Porter’s Five Forces, business model canvas, NPV, payback period
Business model and business strategy Formulation for ciao Rendy Irawan, Muhammad; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 5, No 2 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract - In the recent years many business startups from many industries have emerged, trying to stand out in an already saturated market. Usually, business owners will use the services of designers to help with the choice of room design, lighting and which furniture and appliances to use, in order to make the place as cozy as possible so that people will want to come. This is where other businesses could take advantage of the situation. A variety of businesses could benefit from this opportunity. But then again, that business also has to be unique in order to be able to stand out. Something that would stand out in this area would have to be something that is selling a very unique product; something that business owners could benefit from having instead of using conventional products from other businesses. Selling appliances that not only looks and functions as good as other products, but also incorporates an innovative technology could make more people come to the new store or shop, and help your business to sustain and grow as well. CIAO currently focus on designing 4 products, which are wireless charging-integrated products, smart interactive tables, e-brochures, and a floating table. These products are very one of a kind here and no other company here is known to be making these unique products. CIAO currently is faced with a challenge, which is to educate the customers about the benefits of using unique ways in presenting their product could yield them better results in the long run. Surveys and interviews are used to collect primary data and information about CIAO’s current condition, as well as the current market segment. The results from the survey are then processed through a TOWS matrix to help formulate a strategy based on the strengths, weaknesses, opportunities, and threats. After that, the strategies generated from the TOWS matrix is then used to create a Strategy Diamond and a new business model using a Business Canvas Model. The result of this research shows that CIAO’s current business model does not have the necessary strategy to support its current value proposition. The new strategies formulated in this research suggests CIAO to improve their marketing strategies and focus more on its marketing strategies to establish a distinctive uniqueness among its competitors and in order to sustain as business and continue to grow Keywords:Business Strategy, Business Canvas Model, TOWS Matrix, WirelessCharging, Smart Table
New business strategy to improve the enterprise resources planning (erp) system in order to increase the performance and efficiency of the operational maintenance program: case of chevron indonesia Kresno Adikusumo, Linung; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 5, No 1 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract— Since last year the oil and gas industry in grim conditions. Almost all companies in difficult conditions as a result of oil and gas prices were low. Even today a giant oil companies like Exxon, Chevron, Shell and others also began to be affected. Chevron, the current was devastated because the company is focused on upstream business where oil reserves are available today are secondary and tertiary reserves. Investment in the exploration of oil and gas reserves of the secondary and tertiary very expensive because it requires a modern and sophisticated technology. Unsuccessful drilling activity will result in tremendous losses in some oil and gas fields. External factors also affect the company in how to run a business; local government permits, issue a contract extension, the discovery of shale gas, and global economic conditions greatly affect the company to make the best strategy. These conditions forced the company to reduce exploration activities and focus more on production. Production is the most economical series in the upstream business chain. Crude oil is a commodity, the competition occurs in differentiating the company to improve the effectiveness and efficiency of the business. Companies must also adhere to the existing rules so as to build the confidence of the shareholders. Efficiency through the development of organizations that are into is a must, if not then Chevron would not survive in competition with rivals. To create a sustainable competitive advantage, Chevron should remain sustainably strengthen the factor that differentiates it from its competitors. Technology as a differentiator to be able to enhance the company's core competencies, thus making a positive impact on the company's core business. ERP (Enterprise Resource Planning) system is essential to be able to be a tool that is capable of integrating the functions of important business. Module EAM (Enterprise Asset Management) is part of the ERP system and as part closest to the Operation Maintenance and should be able to support the maintenance business in order to achieve better business efficiency and effectiveness through increased system reliability, capability (usability and functionality) and sophisticated reporting system. In other words, implementation of ERP systems In other words, implementation of ERP systems and specifically to the EAM module will be able to optimize production by reducing the LPO (Lost Production Opportunity). Proposal business strategies to increase investment in ERP are: 1. Revision JDE governance in Indo Asia Business Unit and IT support Team, 2. Build a Business Intelligence as a solution for reporting requirements, 3. Realize the JDE upgrade project to improve the reliability and capabilities of the system, 4. Implement Viziya to strengthen the maintenance scheduling system, 5. Conduct regular visits to customers, holding gatherings for Power Users, and training regularly. Some of the proposed strategies have been approved by the management of Chevron Indonesia, while several other strategies are still in the approval process. The new business strategy will strengthen the ERP system particularly EAM module to improve the performance and efficiency of program maintenance operations and strengthen core competencies and create a sustainable competitive advantage. Keywords: Enterprise Resources Planning, Enterprise Asset Management, Business Strategy Introduction
New Business Strategy to Get More SMEs as Customers: Case of PT. XL AXIATA Tbk Ihsan, Muhammad; Dung DO, Anh
The Indonesian Journal of Business Administration Vol 6, No 3 (2017)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. This research will analyze a business case of PT. XL Axiata Tbk. (XL), a mobile telecommunication operator, with specific focus on penetration market of the SMEs to get more new subscribers. Therefore, the objective of writing the paper is to identify how XL could possibly increase new subscribers of SMEs through business strategy formulation and new business model generation for XL in order to achieve sustainable competitive advantage. In order to achieve the research objectives, the data has been collected from literature study and conducted interview session with 37 SMEs. With that data, conduct further analysis using environment analysis, strategy formulation, business model and implementations plans. Based on analysis of data that has been collected, some key points that capture that the actor of SME is in millennial age which more adaptable possibility with new technology and product that offered. Digitalization should be an alternative to offer to them, such platform with integrated system to the digital media, third party system (delivery, packaging), cloud system that can be used to record any transaction, stock list. And the interested thing that the SME need capital loan which can be provided by XL.  Keywords:  business strategy, business formulation, small medium enterprise, focus strategy.
The strategy to monetize the waste from cattle livestock in pt. Agrikulture indonesia Ramadhani, Rezki; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract – PT. Agrikulture Indonesia is a cattle importer and feedlot that is located in Bogor, Indonesia. The company started the business in 2009 by importing cattle from Australia and recently, the feedlot has a capacity of seven thousand cattle. These cattle approximately yield seventy thousand kilograms manure every day and the company processes it into organic fertilizer. However, there is a difficulty in selling this big amount of fertilizer due to the lack of knowledge about the industry. This study attempts to answer three questions, i.e. the fertilizer industry analysis in Indonesia, the alternative solutions for the cattle manure problem in Agrikulture and the strategy for monetizing its waste. In order to answer these questions, the author firstly makes the business situation analysis using external and internal analysis. Secondly, the research methodology is the combination of questionnaire and interview with the related stakeholders in the agriculture industry. Thirdly, the strategy formulation is derived from the Diamond Strategy and TOWS Matrix. Lastly, the strategy formulation that consists of a new business model canvas and strategic control. (i) to continue on selling the fertilizer by improving the fertilizer business unit, and/or (ii) to create a crop farm project together with a strategic partner. The recommended strategy for monetizing the waste in Agrikulture is to create a crop farm project with a strategic partner. By benefiting its economies of scale, Agrikulture can offer low price product in bulk quantity. The company should prioritize the crops that can be benefiting its cattle feedmill and reduce its food cost in the future. The strategic partner is very important for Agrikulture to minimize the project cost and risk.