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Developing a Sustainable Integration Model for Sectoral State-Owned Holdings: A Conceptual Framework Grisanto, Raden Gerald Setiawan; Wiryono, Sudarso Kaderi; Sunitiyoso, Yos
International Journal of Management, Entrepreneurship, Social Science and Humanities Vol. 8 No. 1 (2024): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijmesh.v8i1.2615

Abstract

This paper develops a comprehensive conceptual framework aimed at integrating and synergizing Sectoral State-Owned Holdings (SOHs) to significantly enhance their competitiveness and sustainability. The framework is designed to fill critical gaps in the existing literature by addressing key areas, such as value creation, innovation, and strategic alignment, which are essential for the long-term success of SOHs. One of the primary contributions of this framework is its emphasis on the incorporation of non-economic factors, such as customer satisfaction, community engagement, and environmental stewardship, which are increasingly recognized as vital components of sustainable business practices. The framework also delves into the nuanced impact of government intervention on the performance and strategic orientation of SOHs, exploring how state policies and regulations can either enable or hinder their growth and competitive positioning. By providing a structured approach, this framework enables SOHs to leverage their unique resources and capabilities more effectively, ensuring that they achieve sustainable competitive advantages. Furthermore, the framework underscores the importance of aligning SOH strategies with national economic and social objectives, thereby positioning these entities not only as key drivers of economic growth but also as contributors to broader societal well-being. Ultimately, this paper offers a valuable tool for policymakers, managers, and researchers interested in optimizing the performance and strategic impact of SOHs in a dynamic global economy.
Sustainable Performance Model and Strategy: A Conceptual Framework Arifin, Firmansyah; Wiryono, Sudarso Kaderi; Damayanti, Sylviana Maya; Yudoko, Gatot
International Journal of Entrepreneurship and Sustainability Studies Vol. 3 No. 2 (2023): December 2023
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijeass.v3i2.1904

Abstract

This study is driven by the conditions of the energy sector, particularly the "oil field service industry" which serves as the main pillar of this sector. The significant oil price drop and the need for cost-cutting among oil and gas producers shows the vulnerabilities in this sector, necessitating improvement. Generally, industries that support key commodities must exhibit strong operational performance that intricately intertwines with the corporate strategy, mitigating potential obstacles, challenges, and business risks in order to achieve sustainable performance. Thus, this research aims to investigate how to develop a sustainable performance model for the industry in helping the industries the current and future business challenges. A systematic literature review was undertaken, encompassing prior studies on sustainable business, performance, and risk management strategies. This study investigates the dynamic interaction between three primary constructs: (1) context-business sustainability, (2) content-performance management, and (3) process-strategy formulation. Finally, gaps in the existing literature were identified and several future research directions were proposed.