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All Journal Jurnal Administrasi Bisnis Journal of Indonesian Economy and Business
Haeryip Sihombing
Universiti Teknikal Malaysia Melaka
Economics, Econometrics & Finance

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BUSINESS STRATEGIES THROUGH FIT MANAGEMENT OF HUMAN CAPITAL AS COMPETITIVE ADVANTAGE Sihombing, Haeryip; Saptari, Adi; bin Yaakob, Mohd Yuhazri
Journal of Indonesian Economy and Business Vol 25, No 2 (2010): May
Publisher : Journal of Indonesian Economy and Business

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Abstract

Many organizations fail to interpret what the competitive advantages of their business. Based on lean philosophy about waste, one of the reasons is to unlock (by understandingand take advantages) of their employee’s potential. This paper proposes a conceptual framework of the so-called ‘Fitted Management’. The concept discusses two issues i.e. 1)‘Fitted Management’, an integrated concept of performance challenges, performance measurement and performance management combined with the vision and missions intocompetitive management; 2) ‘Human Transformation’, a conceptual model to support the first concept. It discusses the processing of exploring human capabilities (in organization)and how to manage this (to fit with the organization) as well as business competition in dynamic market and business climates.Keywords: human capital, competitive advantage, lean, performances, fitted management.
THE BUSINESS PERSPECTIVES STRATEGY TOWARDS THE TKI (INDONESIAN MIGRANT WORKERS) MARKET Sihombing, Haeryip; Yaakob, Moh. Yuhazri; Safarudin, Mochamad
Journal of Indonesian Economy and Business Vol 26, No 1 (2011): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

The business prospects and opportunities of the migrant workers’ (TKI) market are still wide open. This is shown by the year to year remittances incremental of TKI thatcorresponds to the beneficial opportunity of the business players to optimize their exploration of this market. In reality, the current efforts and strategy in this exploration,however, are still not utilised effectively in terms of competitive advantage. Therefore the initiative strategy towards product differentiation and innovation of the offered service should be explored and optimised based on the sustainable beneficial prospects for the business. As described briefly in this paper through a case of business innovation towards differentiation, the proposed strategies such as localization and two-sided markets are required for business organisations to unlock their product innovation strategies towards TKI (as their customer) through the innovative solution against the poverty.Keywords: TKI, remittance, poverty, differentiated, solution
Inovasi Tanggungjawab Sosial Korporasi Sebagai Strategi Bisnis Terhadap Pasar Bagian Bawah Piramida Dan Kemiskinan Sihombing, Haeryip; Safarudin, Mochamad
Jurnal Administrasi Bisnis Vol 5, No 2 (2009)
Publisher : Business Administration Study Program - Universitas Katolik Parahyangan

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Abstract

Mostly corporate social responsibility activities are programs generated that have nodirectly beneficial impacts to the business. In fact, those activities are merely thespace of philanthropy, so the business core existence as a profits seeker missed out totreat the market as a potential beneficial and advantage. The corporate social responsi-bility, however, which is mixed and derived by two-sided market, localization, buyingmode, and strategy value based, will drive the bottom of pyramid as a potential marketof the competitive advantage for company’s economic sustainable development andlong-term profits. In case of poverty (TKI), the companies can perform a strategybusiness for economic prospect and development through business innovation and/orinnovation of corporate social responsibility, and vice versa.Keywords: CSR, the bottom of pyramid, 2-sided market, localization, and compet-itive advantage
Co-Authors Adi Saptari Mochamad Safarudin Moh. Yuhazri Yaakob Mohd Yuhazri bin Yaakob Mohd Yuhazri bin Yaakob