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The Journey of GOJEK: Becoming Indonesia's First Decacorn Startup Dzulfikar Ahmad Furqon
Jurnal TAMBORA Vol. 7 No. 2 (2023): EDISI 19
Publisher : Wakil Rektor 3, Direktorat Riset, Publikasi dan Inovasi, Universitas Teknologi Sumbawa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36761/jt.v7i2.2955

Abstract

This paper centers on the strategic analysis of PT GOJEK Indonesia to establish itself as the leading decacorn company in Indonesia. PT GOJEK Indonesia, headquartered in Jakarta, is a digital payment technology company and multi-service on-demand platform. Initially founded as a contact center in the early part of 2009, Gojek facilitated connections between consumers and courier delivery businesses, alongside the acquisition of two-wheeled vehicles. In 2015, Gojek launched its application with a limited range of services and has since experienced rapid growth. Presently, GOJEK is available in 50 cities across Indonesia. This study provides a concise overview of the company's vision and mission. Various analytical tools, including PESTEL analysis and Porter's Five Forces, are employed to identify the current external factors affecting the company. The VRIO analysis is utilized to assess the internal variables that influence the company's customers. Furthermore, the Blue Ocean Strategy is employed to discuss GOJEK 's generic strategy for its ride-hailing services, while the SWOT analysis is used to analyze the company's overall strengths, weaknesses, opportunities, and threats. The analysis results reveal that Gojek has a significant impact on the political landscape, contributing Rp. 1.7 trillion to the Indonesian economy and promoting digital transactions as a means to reduce air pollution. GOJEK, as the market leader in Indonesia, does not face significant competition concerns. Additionally, Gojek offers unique features that distinguish it from its competitors. Overall, the VRIO analysis demonstrates that Gojek possesses considerable value, particularly due to its exclusive services such as Go-pay, its e-money platform, which enables users to purchase and utilize GOJEK’s services. Based on the SWOT analysis, Gojek exhibits substantial strength and opportunities, indicating its potential to become a preeminent decacorn company in Indonesia.
THE APPLICATION OF SUSTAINABLE INNOVATIONS WITHIN BUSINESS OPERATIONS: THE CASE OF NGEBUTS ELECTRIC BIKES Dzulfikar Ahmad Furqon
Jurnal TAMBORA Vol. 7 No. 2 (2023): EDISI 19
Publisher : Wakil Rektor 3, Direktorat Riset, Publikasi dan Inovasi, Universitas Teknologi Sumbawa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36761/jt.v7i2.3018

Abstract

This paper explores NGEBUTS electric motorbikes and examines how their manufacturers exemplify a sustainable innovation approach in their business operations. The study applies a five-stage sustainability mapping framework to understand NGEBUTS's emergence in the Indonesian EV market and their use of sustainable innovation. The findings highlight the importance of incorporating sustainability into business models, products, technologies, and processes to enhance competitiveness. The research reveals that sustainability initiatives can reduce operational costs and increase revenues, benefiting both the bottom line and the top line. NGEBUTS demonstrates how they seize innovation opportunities, leverage regulations, and apply circular economy techniques to create a sustainable business model. Additionally, the paper discusses the potential of Indonesia's natural resources for renewable energy and job creation. While the study acknowledges the limitations of measuring long-term success, it concludes that NGEBUTS's vision, innovative ideas, and utilization of local resources position them as a leading example for companies to prioritize social and environmental factors to thrive in the current competitive landscape.