Business Innovation and Entrepreneurship Journal
Vol 6 No 3 (2024): Business Innovation and Entrepreneurship Journal (August)

A Proposed Business Strategy To Improve Competitive Advantage In Healthyle Startups

Rabbani, Pandu Syauqi (Unknown)
Aziz, Fauzan (Unknown)
Arief, Mochammad Muminto (Unknown)



Article Info

Publish Date
21 Aug 2024

Abstract

Healthyle aims to alleviate consumer concerns about catfish quality through a rigorous certification process. The city of Bogor and its surroundings were selected as the target market due to the high demand for catfish in the area. The ultimate goal of this assignment is to aid Healthyle in devising an effective business strategy, positioning it to potentially become a significant player in the catfish farming industry in Indonesia, particularly in and around Bogor. The strategic analysis of a company involves assessing its internal and external environment. This includes evaluating internal factors such as strengths and weaknesses using the Internal Factor Analysis Summary (IFAS) and Value Chain analysis. External factors, including opportunities and threats, are assessed using the External Factor Analysis Summary (EFAS), PESTEL analysis, and Porter’s Five Forces model. The Competitive Profile Matrix (CPM) compares the company’s performance with its competitors, while the Strategic Factor Analysis Summary (SFAS) integrates findings from IFAS and EFAS. This approach is expected to be profitable short-term and build a sustainable reputation long-term. The research offers insights into the industry’s competitive dynamics and strategy formulation.

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Journal Info

Abbrev

BIEJ

Publisher

Subject

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

Description

Business Innovation and Entrepreneurship Journal peer-reviewed and published four times a year in May, August, November and February. This journal is managed by the Faculty of Entrepreneurship at Universitas Garut - Indonesia. The paper is an original script and has a research base on management, ...