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UNDERSTANDING THE RELATIONSHIP BETWEEN MARKET ORIENTATION, FAILURE LEARNING ORIENTATION, AND FINANCIAL PERFORMANCE Ruchiyat, Endang; Ayu Amrita , Nyoman Dwika; Budi Raharja , Arif
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 6 (2024): Kriez Academy - May
Publisher : Yayasan Kreatif Indonesia Emas

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This study discusses the relationship between market orientation, failure learning orientation, and company financial performance. Market orientation reflects a company's ability to identify and respond effectively to market needs, while failure learning orientation emphasizes the importance of learning from negative experiences to improve innovation and operational efficiency. The main objective of this research is to understand how the integration between a strong market orientation and a failure learning orientation can affect a company's financial performance. This research uses a literature study approach by analyzing various relevant journal articles, textbooks and research reports. The results of the literature analysis show that a strong market orientation is positively related to increasing company revenues through product development that is more in line with customer needs and the effectiveness of marketing strategies. In addition, a strong market orientation is also associated with increased profitability through appropriate pricing strategies and high customer retention. On the other hand, failure learning orientation plays a crucial role in enhancing corporate innovation. The ability to learn from mistakes allows organizations to design better products or services, avoid similar risks in the future, and adapt to market changes. Literature research also shows that companies that are able to integrate a failure learning orientation in their organizational culture tend to be more adaptive and innovative. Furthermore, integration between a strong market orientation and a failure learning orientation can produce better financial results. Companies that have a strong focus on market needs and are open to learning from failure tend to experience higher revenue growth, improve operational efficiency, and create sustainable competitive advantages. Thus, this research concludes that the strategic combination of a strong market orientation and failure learning orientation can make a significant contribution to a company's financial performance in facing a dynamic business environment.  
Bridging the Financial Inclusion Gap Through Fintech: Evidence from Literature on Banking Digitalization and Community Impact Ayu Amrita , Nyoman Dwika
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 8 (2024): Kriez Academy - July
Publisher : Yayasan Kreatif Indonesia Emas

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This literature-based paper analyzes how fintech-driven banking digitalization contributes to narrowing the pervasive financial inclusion gap, particularly among underserved populations. It draws from a synthesis of global studies on neobanks, agency banking, and digital identification (ID) integration to critically assess how technology fundamentally transforms access to finance. The paper systematically examines the operational models, observed outcomes, and critical success factors of these initiatives. Furthermore, it discusses strategic policy implications for fostering inclusive innovation, emphasizing that the balance between regulatory oversight and technological advancement is crucial for sustainable impact. This review contributes to the discourse on development finance by providing a comprehensive, evidence-based understanding of the mechanisms through which fintech can be leveraged to create more equitable and resilient financial ecosystems in emerging markets.