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SUCCESION PLANNING IN A FAMILY BUSINESS; CASE STUDY OF PT. XYZ. Rohmat, Eep Saipul; Ande, Diin Fitri
IKRA-ITH EKONOMIKA Vol 1 No 2 (2018): IKRAITH-EKONOMIKA vol 1 Nomor 2 Bulan November 2018
Publisher : Universitas Persada Indonesia YAI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (360.161 KB)

Abstract

ABSTRACTCurrently the majority of private companies in Indonesia is controlled by the family. However,Succession is the most difficult challenge in family business. A bit of a family company that isable to survive up to the fourth generation. Statistics show that the success of leadershipsuccession from first generation to second generation just only around 30%, while the rest (70%)experienced a failure, while the success rate of the second generation to third generation droppedsignificantly to only 7% only (Mangalandum, 2013 ). Thus, the problem of succession becomes anissue that must be reviewed in greater depth in relation to the existence of a family company.This paper analyses the formulation of succession in the family company of PT. XYZ, aconstruction company. From 2005 until 2016, the company management has been doing thesuccession program into the hands of the second generation. Formulation succession in in PT.XYZ is done by analyzing the succession process and the challenges faced by company usingsuccession planning roadmap developed by Clifford and succession planning in the context ofhuman capital planning by Booz Allen. Through an understanding going on in the elements of thesuccession process, the main issues that could potentially be an obstacle in the process ofsuccession can be known.
Sales Force Training In a Pharmaceutical Company Case Study In PT. XYZ Diin Fitri; Prafira Kuswardhani; Jovan Chrismarth
Liquidity: Jurnal Riset Akuntansi dan Manajemen Vol 3 No 1 (2014)
Publisher : Institut Teknologi dan Bisnis Ahmad Dahlan Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32546/lq.v3i1.109

Abstract

Penelitian ini dilakukan pada sebuah perusahaan farmasi di Indonesia PT. XYZ. Paralel dengan semakin kompetitinya dunia persaingan usaha, perusahaan mendirikan departemen commercial excellence dengan tujuan agar perusahaan dapat lebih fokus memonitor serta mengevaluasi aktifitas pemasaran dan penjualan. Salah satu bagian dari departemen itu adalah bagian pelatihan dan pengembangan. Tujuan dari penelitian ini adalah mengidentifikasi kesenjangan antara implementasi praktik harapan perbaikan di masa mendatang. Teknik analisis menggunakan Gap Analisis. Hasil peneliatian menunjukan bahwa bagian pelatihan dan pengembangan sudah mempunyai fondasi yang baik seperti; tujuan bagian yang sesuai dengan tujuan perusahaan, fasiltas dan modul yang baik. Tetapi, ada beberapa area yang harus diperbaiki seperti kebutuhan dan sistem evaluasi pelatihan.
Understanding and Managing Conflict.pdf Diin Fitri, SE., MM.
Journal of Management and Leadership Vol 1 No 1 (2018): Volume 1 - Nomor 1 - Mei 2018
Publisher : Management and Leadership Study Programme

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Abstract

Conflict is normal phenomena in organizations. It is part of organization life. It shows that organization is healthy when there are conflicts until one point as it shows the process of changing and learning. Thus, it will be beneficial for the organizations to understand the source, type of conflict and be able to manage conflicts. This is a qualitative research based on literature review to find the source, type of conflict and to provide practical guidelines on how to manage conflict. It is found that that several sources of conflict such as communication, cultural diversity and unmet expectation and needs. Previous researchers classified conflicts into different terms such as structure, process and tasks, and conflict into individual, intergroup and process conflict. Some practical guidelines were also provided, but communication is a major point.,
From Penrose to Sirmon: The Evolution of Resource Based Theory Diin Fitri, SE., MM.; Rolan Mauludy Dahlan; Samudra Sukardi
Journal of Management and Leadership Vol 1 No 2 (2018): Volume 1 - Nomor 2 - November 2018
Publisher : Management and Leadership Study Programme

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Abstract

RBT has grown rapidly and become one of the most important theories in strategic management. This paper examines the development of RBT from the initial concept to several contemporary ideas that have grown rapidly in recent years. The exploration uses literature study approachs. This study is expected to provide a comprehensive overview of the historical roots, definitions, relationships between concepts and the direction of contemporary development. The contemporary direction of RBT leads to the integration of resources orchestration with economic theory, the exploration of the microstructure of RBT and the practical implementation of resources orchestration.
A Synthesis Paper: How a Destination Capturing Value from the Its Visitors ? Diin Fitri, SE., MM.
Journal of Management and Leadership Vol 2 No 1 (2019): Volume 2 - Nomor 1 - May 2019
Publisher : Management and Leadership Study Programme

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Abstract

As well in other business, the destination should able to improve their strategy in order to becompetitive in the market. This paper aims to deliver a synthesis papers that shows on how adestination able do its marketing strategy to capture value for its visitors based on the work doneby Yang & Tan, (2017) Li, et al., (2017), Mariani, et al., (2015). It is found that visitors havedifferent needs and wants, and the destination able to doing STP by first understand the motivationfor the tourist to, In doing integrated marketing program, the destination should able to provideinnovative events and to incorporated the destination products/service to capture more than onesegments. For promotion, supplying information to the visitors also important for promotion. Theorganization able to use the social media to maintain the relationship with the customers, thedestination will be able to gain some value from the customers as it able to enhance corporateimage, customers loyalty and corporate revenue.
The Effect of Financial Performance and Financial Distress Indicators to the Stock Price of Bank Rakyat Indonesia Diin Fitri Ande; Harsono Yoewono
International Journal of Business Studies Vol 2 No 1 (2018): International Journal of Business Studies (IJBS)
Publisher : Sekolah Tinggi Manajemen IPMI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (598.457 KB) | DOI: 10.32924/ijbs.v2i1.28

Abstract

The bank’s financial report is the only lead for the public c to review, evaluate, and assess the soundness of a bank. By tinkering the available figures within the monthly financial reports, we have measured 52 variables comprised of the common indicators to calculate the effects of financial performance of the bank, its financial distress, to its stock price in the market. The common indicators used are the ratios of liquidity, rentability, and solvability. The bankruptcy prediction and financial distress indicators were considered to part ofthe solvability ratios. The data observed and collected was between January 2002 to 18 July 2017. The time lag and IPO as of 10 November 2003 reduced the eligibility of monthly financial reports, leaving the data usable for the period of November 2003 to April 2017. As 10 variables were excluded by the system, only 4 of42 variables were found to be significantly affecting the stock price variable. The 4 independent variables are market capitalization, the ratio of placement in BI to the third-party fund, debt to equity ratio, and debtto asset ratio.
PT. HM. Sampoerna Tbk and Its Strategies Becoming a Market Leader Since 2006 Diin Fitri Ande
Jurnal Ekonomika dan Manajemen Vol 7, No 1 (2018)
Publisher : Universitas Budi Luhur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (457.342 KB) | DOI: 10.36080/jem.v7i1.579

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PT.HM. Sampoerna Tbk has been a market leader since 2006 in cigarettes industry in Indonesia despite the challenges has been faced by the industry such tax exercise, health campaign, and illicit trade. This study elaborates the strategies that have been taken by Sampoerna in order for the company maintain its position as a market leader. This a qualitative research based on literature review using industry analysis and study on corporate, business and functional level strategy. It is found that Sampoerna able to maintain its performance due its ability to provide the commitment to deliver good quality to the consumers and to innovate in its products and processes. In business level strategy, Sampoerna pursues both cost leadership and differentiation strategy.  In addition, Sampoerna functional strategies in Makerting and Human Resources are worth to appreciate as they have significant contribution to Sampoerna’s success
The Impact of Global Economic Shift on Outward Foreign Investment Diin Fitri Ande; Rolan Mauludy Dahlan; Samudra Sukardi
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 1 No 02 (2018): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 01 No. 02
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (519.113 KB) | DOI: 10.36406/ijbam.v3i1.419

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This paper aims to see the impact of the global economic shift on the pattern of outward foreign direct investment. It was conducted by the literature study method, by comparing a number of countries over different time periods. The results of the study show that the pattern of outward foreign direct investment is strongly influenced by the level of global integration pressure and local pressure responsiveness level. The results fit with Bartlett & Ghoshal's model of international business. It also shows that the pressure of global integration and local responsiveness tend to increase over time. There are 3 factors that need to be considered in this condition, namely: customization, competence and arbitrage. However, these results are obtained from very few case studies. In the future this study needs to be elaborated further by using more samples.
CHALLENGES IN PERSPECTIVE ON CORPORATE STRATEGY Ande, Diin Fitri; Dahlan, Rolan Mauludy
JURISMA : Jurnal Riset Bisnis & Manajemen Vol. 8 No. 2: Oktober 2018
Publisher : Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (453.046 KB) | DOI: 10.34010/jurisma.v8i2.1005

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There are several issues in corporate strategies such as the impact of corporate to performance, the cause and limit of performance, development management and external environment of corporation. This study aims to discuss those issues based on literature review. It is found out that corporate impact to performance is non-neglectable, event though the degree of impact is still unknown. Experience managerial service are important for company to achieve its performance and to achieve its performance, corporation may choose between two approaches incremental and comprehensive, each approach has its own benefits and drawbacks. As a result, it should be aligned with internal and external condition of the corporation and the cost and benefit aspects. External aspect of the corporation in this particular, macroeconomic uncertainty, will influence the strategy of corporation even when the firm only play in local market. In addition, national economic development will impact on how corporation build its strategy.Keywords: corporate strategy, corporate-impact, corporate performance.
ENHANCING INNOVATOR SKILLS IN HIGHER EDUCATION IN INDONESIA Ande, Diin Fitri
JURISMA : Jurnal Riset Bisnis & Manajemen Vol. 9 No. 1: April 2019
Publisher : Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34010/jurisma.v9i1.1758

Abstract

Innovation plays important roles to survive in global economy. “innovation has become an imperative for all advanced economies and a priority for a growing number of emerging countries”(Forum, 2018). On the other hand, the Innovation performance of Indonesia relatively low, (rank in 87/126 in GII 2018, and rank 68 in GIC Report 2018). One factor that might contribute to that performance is the workforces in Indonesia do not have the skills, knowledge or health that are necessary to be innovation-driven (GII Report, 2017). On the other hand, the current educational system focuses more on academics sides without giving more opportunity for students to explore and to play. This paper aims to provide a proposition on how enhance the innovators skills in higher education in in Indonesia based on the work of Wagner (2012). This paper proposes the university to apply collaboration cultures, to have multidisciplinary learning, to encourage thoughtful risk-taking, trial and error culture, to encourage creating knowledge cultures, and to develop intrinsic motivation through play-passion-purpose..