Journal La Bisecoman
Vol. 6 No. 5 (2025): Journal La Bisecoman

Business Strategy Development for Drilling Cutting’s Waste Industry using Ansoff Matrix: JEL Classification: M10, M21, L21, Q53, C44

Mauludin, Rengga Atmaja (Unknown)
Hanoum, Syarifa (Unknown)



Article Info

Publish Date
17 Dec 2025

Abstract

The drilling cutting’s waste industry in Indonesia still facing major challenges in handling the Volatile Organic Compound (VOC) content, requiring companies to adopt more robust business strategy. This research develop a business growth strategy for PT. GPS using integrated framework combining Business Model Canvas, SWOT-TOWS, Analytic Network Process (ANP) and Ansoff Matrix. The existing business model was analyzed to identify structural gaps, followed by SWOT-TOWS formulatioan and ANP weighting using expert judgements. The ANP result indicate the differentiation based strategies strengthening service quality and reliability (ST2) and improving customer retention (ST1) are to priorities. These strategies align with Product Development of Ansoff Matrix, while technology adoption (SO2) support Market Penetration.The new business model integrated these priorities into value prepositions, key activities, and revenue streams. Economic feasibility analysis showed positive NPV, IRR, BCR across three scenarios, confirmung the financial viability of the strategic directions. The integrated approach provides actionable strategic recommendations to enhance competitiveness and longterm sustainability.

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Journal Info

Abbrev

JournalLaBisecoman

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal La Bisecoman ISSN 2721-124X (Online) and 2721-0987 (Print) includes all the areas of research activities in all fields under Business, Economics, and Management such as Financial Management, Accounting, Administrative System, Brand Innovation and Brand Management, Management, Business ...