Indonesian Journal of Business and Entrepreneurship (IJBE)
Vol. 8 No. 3 (2022): IJBE, Vol. 8 No. 3, September 2022

Risk Mitigation Strategies for The Footwear Industry During The Covid-19 Pandemic

Nugraha, Windy Maudy Atiah Putri (Unknown)
Rahmana, Adhitya (Unknown)
Suroso, Arif Imam (Unknown)



Article Info

Publish Date
30 Sep 2022

Abstract

CV. XYZ is one of the companies affected by Covid-19, which is marked by a decreased turnover of 70% and as many as 50% of workers are laid off. Risk considerations in business are a concern in the face of an increasingly competitive, unpredictable, and complex business environment. This study aims to identify, analyze and recommend priority operational risk strategies faced by CV. XYZ. The methods used are the Structured What-If Technique (SWIFT) and House of Risk (HOR). The results of this study found thatare that the operational risk events of CV. XYZ are categorized into 3 categories of risk events with a total of 12 risk events. There are 8 of 15 risk-causing agents that contribute 75% to the total ARP, and there are 5 of 17 risk prevention actions that prioritized with the highest Effectiveness Toto Difficulty (ETD) value. Keywords: house of risk, footwear industry, risk management,business processes, business strategy

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Journal Info

Abbrev

ijbe

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Business and Entrepreneurship (IJBE) publishes information of empirical research and reviews in business and entrepreneurship. IJBE is published by School of Business, Bogor Agricultural University (SB-IPB) associated with Indonesian Alliance of Magister Management Program ...