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Journal : International Journal of Science, Engineering and Information Technology

Integration of the Porter Five Forces Model and the House of Risk from a Service Performance Perspective to Increase Competitiveness (Case Study at UNIBA Madura) Wahyuningtias, Novi; Basuki, Minto
International Journal of Science, Engineering, and Information Technology Vol 8, No 1 (2023): IJSEIT Volume 08 Issue 01 31 December 2023
Publisher : Universitas Trunojoyo Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/ijseit.v8i1.24380

Abstract

In managing a company, whether manufacturing or service, it will never be free from risks, including educational institutions. The increasingly fierce competition in creating a competent and quality educational institution begins with how to get new students. This certainly never escapes risk management. Bahaudin Mudhary Madura University tries to reduce the level of risk as little as possible in order to improve the quality of existing education and compete in getting new students with other universities in Madura, especially Sumenep. Registration of new students is the initial activity in higher education because it requires innovation and creative ideas in recruiting prospective students. This research uses the House of Risk method to prioritize risk agents and determine the most effective actions against risks that occur and is integrated with Porter's five forces to describe the framework as an analysis of business strategy development or the competitive environment that contributes to competitiveness and competitive advantage. The results of the analysis based on Porter's Five Forces model show that for the bargaining power of new student admissions at UNIBA Madura, there are several things that UNIBA Madura must do to attract and increase the interest of new students, namely increasing information and promotion of UNIBA Madura. The results of the first phase of HOR showed that the most dominant sources of risk at UNIBA Madura were the cost of developing a large campus, the lack of interest of doctoral lecturers in teaching, and the number of relationships was still small and based on phase 2 of HOR, it was found that risk mitigation strategy actions to minimize the risks that occurred were by collaborate with foundations/institutions related to funding so that UNIBA Madura can minimize the risk of accepting new students.
Co-Authors A.A.B. Dinariyana AAB Dinariyana AAB Dinariyana Abdillah, Ikhwan Abrian Sistian Achmad Sholeh Achmad Sholeh, Achmad Ade, Putut Akhmad Miftahul Huda ALFARIZI, MUHAMMAD RIZAL Alfiatin Nuriyah Alfredo rana yosaka Alif Wahfiuddin Aningtyas, Nuris Samsi Anjasari, Putri Arjun Muhamad Suyuti Arkhilaus Obe Arul Efansyah Avellyn Shinthya Sari Bayu Setya Pratama Cesar Ivan Nugraha Dean Musa Pratama Sitompul Djauhar Manfaat Djauhar Manfaat Dwi Yantono Efansyah, Arul Egar, Gustavito Yakobus Egar Yakobus Erifive Pranatal F, Moh Syahroni Fajar, Rifki Fariya, Siti Firmansyah, Muhamad Iqbal Fortuna, Dhea Freitas, Julio de Deus Xavier Gatot Basuki HM Gerson Garcia Guterres Gustaf Wasito, Tuesdaysaka Gustavito Yakobus Egar Yakobus Egar Guteres, Mercia Pascoela Gacia Guterres, Gerson Garcia Guterres, Joao Hadi Kurniawan, Hadi Hildawan Mahendra, Oka Hildawan, Oka HM, Gatot Basuki I K, I Putu Andhi I. S., Pramudia I. S., Pramudya Ikhwan Abdillah Imawan, Pramudya Intan Baroroh Ishardwiyanto, M.Rizky Janah, Jati Ifah Julio de Deus Xavier Freitas Jumrotin Nisa Lestari Kustiawan, Aris Kusuma, Andhi Indira Kusuma, I Putu Andhi Indira Laksono, Agung Mat Syai’in Maulana, Mochamad Aldi Mei Yanarko Mercia Pascoela Gacia Guteres Muh. Adrian Ariq Maulana Muhamad Iqbal Firmansyah Muhamad Muzaki Muhammad Faris Putratama Muhammad Yasin Tuanaya Muzaki, Muhamad Nasrululah P. N. Nofwan Saputra Norita Prasetya Wardhani Nuriyah, Alfiatin Obe, Arkhilaus P, Candra Permana P. N., Nasrululah Prakaatmaja, Danny Djaya Pramudia I. S. Pramudya I. S. Pramudya Imawan Pramudya Imawan Santosa Pramudya Imawan Santosa Pranatal, Erivife prastyawan, adi putra Pratama, Andhika Rafly Pratama, Ranu Yudistira Putut Ade Irawan Ramadhan, Muhammad Rifaldo Ranu Yudistira Pratama Raushanfikr, Mohammad Rekiana Jati Kusuma Rifki Fajar Rizky Saputra Aminata Rohmatulloh, M Ravi Rozi, Muhammad Fahrur Rukmono, Priyagung Harda Rum Sulaiman, Muhammad S., Pramudya I. Saputra, Nofwan Sasongko, Sukendro Broto Satria Ambara Iriawan, Satria Ambara Setyawan, Krisna Setyo Nugroho Setyo Nugroho Sholihah, Irma Rif'atus Sistian, Abrian Sitompul, Dean Musa Pratama Soejitno Soejitno Sofia Sofia, Sofia Suejitno, Suejitno Sulthan Shalahuddin Anhar Sutantio, Erian Syai’in, Mat Taequi, Agosto Tanu, Yoga Tsalist, Vahmy Brata Vahmy Brata Tsalist Wahfiuddin, Alif Wahyuningtias, Novi WK, Mas Nabilah Yanarko, Mei Yantono, Dwi Z. B, Maria Margareta