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The Indonesian Journal of Business Administration
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The Indonesia Journal of Business Administration(IJBA) is a business journal that bridges the gap between business research and practice, evaluating and reporting on new research to help readers identify and understand significant trends in their fields. The IJBA seeks to publish papers relating to business, broadly defined. It publishes articles that address both theoretical and practical issues in the broad areas of Business Strategy and Marketing, People and Knowledge Management, Entrepreneurship and Technology Management, Decision Making and Strategic Negotiation, Operation and Performance Management, and Business Risk and Finance.Contributing academicians and researchers are encouraged to address a variety of concerns relating to all areas of business. We also encourage students to use an interdisciplinary approach to analyzing a topic, which often yields interesting and novel papers. The published articles provide valuable insight into matters of broad intellectual and practical concern to academicians and business professionals. The Journalis published three times a year: in April, July and October. The journal is mainly an outlet of MBA ITB students to publish their final project works, although it also accepts articles written by students at masters level from other institutions. A published paper is an honor that will be unambiguously beneficial for professional and academic careers, especially for those who want to attend graduate/professional schools. This means that papers written in relations to Accounting, Economics, Finance, Marketing, Management, Operations Management, Information Systems, Business Law, Corporate Ethics, and Public Policy all qualify for submission. Information on the journal format can be found in the journal's website. The number of pages must be at 10 pages. After published, the journal article will be available electronically at the journal's website. Print ISSN: 2252-3464; Online ISSN: 2252-9284
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Articles 15 Documents
Search results for , issue "Vol 7, No 2 (2018)" : 15 Documents clear
Strategic planning of pt pertamina gas to anticipate governmet initiatives Saniya, Hidayatus; Rudito, Priyantono
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract

Abstract – PT Pertamina Gas (Pertagas) is a gas transporter company that needs to formulate strategy to survive in the business because gas business is a government-regulated business. In addition to regulation, the trend of gas transportation business tends to decline and pressure from the competitors is getting bigger. In order to anticipate those threats, Pertagas should analyze internal and external environment business to generate strategies. Strategies formulated consist of corporate strategy, business strategy and functional strategy which can be implemented to achieved vision and mission of the company. The strategies expected to increase company’s performance and competitive advantage to anticipate environmental changes in gas industry. Keywords: Competition, Gas Business, Performance, Regulation, Strategy
The strategy to monetize the waste from cattle livestock in pt. Agrikulture indonesia Ramadhani, Rezki; Dung Do, Anh
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract – PT. Agrikulture Indonesia is a cattle importer and feedlot that is located in Bogor, Indonesia. The company started the business in 2009 by importing cattle from Australia and recently, the feedlot has a capacity of seven thousand cattle. These cattle approximately yield seventy thousand kilograms manure every day and the company processes it into organic fertilizer. However, there is a difficulty in selling this big amount of fertilizer due to the lack of knowledge about the industry. This study attempts to answer three questions, i.e. the fertilizer industry analysis in Indonesia, the alternative solutions for the cattle manure problem in Agrikulture and the strategy for monetizing its waste. In order to answer these questions, the author firstly makes the business situation analysis using external and internal analysis. Secondly, the research methodology is the combination of questionnaire and interview with the related stakeholders in the agriculture industry. Thirdly, the strategy formulation is derived from the Diamond Strategy and TOWS Matrix. Lastly, the strategy formulation that consists of a new business model canvas and strategic control. (i) to continue on selling the fertilizer by improving the fertilizer business unit, and/or (ii) to create a crop farm project together with a strategic partner. The recommended strategy for monetizing the waste in Agrikulture is to create a crop farm project with a strategic partner. By benefiting its economies of scale, Agrikulture can offer low price product in bulk quantity. The company should prioritize the crops that can be benefiting its cattle feedmill and reduce its food cost in the future. The strategic partner is very important for Agrikulture to minimize the project cost and risk.   
Analysis of critical factors causing project close out delay at PT. Gas Mandiri Wandi Siagian, Andre; Firman, Aries F
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract: The Indonesian services sector has elevated in the last ten years. Urbanization growth and increasing consumer awareness about health and hygiene are factors expected to increase pest control service usage over the forecast period. This has driven to high demand for pest control services worlwide. Ahli Pest is one of the players in the industry is offering pest and termite control focusing on Jabodetabek market. The number of customer complaint and employee overtime rate is relatively high that indicates there are problems in operations division. The research is conducted through qualitative research by using interview to collect information from CEO and Operation Manager. The problems that occurs in the company will be analyzed by using Fishbone Diagram supported with root cause analysis in order to find the main problem. As result, there are three main problems that have to be solved immediately. They are high rate of employee overtime, high number of customers complaint, and high operating expenses. Those problems are related one to another. TQM is used to formulate proper operations strategy so it could be used to design policies by the company. In addition, Profit Plan Scenario is used so the company could set monthly sales target to fund operation expenses. Proper operations strategies are required in order to solve issues which are faced by the company in order to survive and grow in the competitive market. Ahli Pest needs to focus on creating policies, systems, and set sales target in order to survive and grow in the market. Keywords: Pest Control Services, Operations Strategy, Fishbone Diagram, TQM
Enhancing it support with knowledge management: knowledge management maturity level assessment at bph migas Priyo Sambodo, Wisnu; Saksono, Prasetyo B.
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract - According to IT blueprint, the development of knowledge management is planned to begin in 2018 and is expected to be completed by the end of 2018. However, the unavailability of the road map for the KM implementation plan has resulted in the organization lacking guidelines for strategizing, designing, developing and implementing KM initiatives. Knowledge Management (KM) is an effort to improve knowledge that is beneficial to the organization. BPH Migas as a regulator that produces regulations required by stakeholders should maximize its ability to effectively utilize its knowledge resources in order to be able to make decisions quickly and effectively. Implementing knowledge management can help BPH Migas become more productive, innovative, efficient and more adaptable to the ever-changing business environment. Implementation of KM is influenced by critical factors. Identifying the critical factors will facilitate and simplify monitoring to focus on some key areas that are considered important. The purposes of the study are to identify the critical factors affecting the successful implementation of KM, determine the current situation in terms of KM and use the identified factors to improve knowledge management implementation plans at BPH Migas. Researcher uses the General Knowledge Management Maturity Model (G – KMMM) framework as a model to measure the level of knowledge management maturity, which consists of 3 (three) categories of measurement ie people, process and technology. The research findings showed that the maturity level of BPH Migas was at the Defined level. It means that BPH Migas has the basic infrastructure to support KM implementation and run KM as part of its activitiesKeywords: G - KMMM, knowledge, knowledge management, maturity, knowledge management maturity level
Optimizing workover job types as one of company strategies to increase short-term investment returns under low oil price Jermia, Jermia; Sukarno, Subiakto
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract. The oil price has been low since 2004 and reached a 10-year low in 2016. Oil companies must adapt their strategy to keep their financial performance. Chevron corporation has re-focus its strategy, with one of the focuses is to improve free cash flow through improving its short-term investment returns. Best Company, one of its subsidiaries, faces a challenge on how to add more opportunities to align with this strategy. This paper reviews workover activities, as one of business activities besides capital projects in Best Company, to find opportunity for increasing its economic returns. The research is studying measures on workover activities that can be built into a quantitative predictive model to find best strategy for maximizing its efficiency or financial return. The quantitative predictive model also further allows optimization of the Company’s portfolio, as it allow direct comparison with capital projects within the portfolio.Based on the research, it is shown that the rig count has almost linear relationship with NPV under similar profitability index for various spending when the job type mix remains the same. However, when the job type mix is optimized, it is shown that the company can increase its returns by focusing on pump upsize and water shutoff job types. In the case of Best Company, an optimization in the job type mix at the same number of workover rigs can be expected to increase the profitability index (marginal benefit) from 1.42 to 1.53 for the investment in workover business. Keywords: Workover, Forecasting, Low oil price, Strategy, Optimization

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