The Indonesian Journal of Business Administration
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Provose Workforce Competency Verification and Validation Process for Heavy Oil Operation to Achieve Zero Incident and Fatality
No full textAbstract. Heavy Oil Operational Unit (HOOU) is one of business unit in PT Chevron Pacific Indonesia, located in Duri Field Sumatra which well known for its Duri Steam Flood (DSF) project, The biggest Steam Flood Project in the World. HOOU has a strong commitment and fully aware to develop new operational culture in implementing Operational Excellent (OE) focuses on personal safety, process safety, and environment.  Since 2012 IBU overall numbers Incidents have decreased significantly but in Heavy Oil Operation Unit (HOOU) those number remain unchanged significantly year over year, in 2015 Heavy Oil Operation recorded 6 cases of Day Away From Work (DAFW), 94 cases of Motor Vehicle Crash (MVC), and 5 cases of Oil Spill, it clearly much work remains ahead of us and there are a lot of challenges for doing some improvement in effort how to reduce those numbers of incidents. HOOU consists of several main Water and Oil Treating Facilities, hundreds of Steam Generators and thousands of Oil wells and Pump Unit scattered in around 13 Production areas. A large number of vehicles are another challenges, HOOU operates almost 2,000 vehicles both light and heavy vehicle with average miles driven per year reaches 17,485,006 miles/year. Safeguard is another critical issue to be addressed to ensure all safeguards are in place and functioning. Based on current condition as mentioned above HOOU need applying a new program to improve all workforce competencies in Motor Vehicle Safety (MVS) and Managing Safe Work through Verification and Validation Program (V&V) to achieve our objective “zero incidents and fatalitiesâ€.  Keywords: Heavy Oil, Operational Excellent, Personal Safety, Process Safety, Motor Vehicle Safety, Managing Safe Work, Verification and Validatio
Evaluating MBA Graduates Holistic Leadership Competencies Case Study (MBA SBM ITB and MBA ITB Graduates Who Work In PT. Telkom Indonesia)
No full textAbstract- MBA school’ challenge on producing competent leaders is being debated for a long time. Several transformations in MBA school has been done in order meet business and society’ need of leaders. These stakeholders need leaders who are not only thinking of profit, but also able to run business ethically, contribute betterment for company, human society and environment. There are lots of leadership model has been produced. Quatro, Waldman, Galvin (2007) proposed leadership model which offer holistic approach of leadership competencies. These skills are mapped into 4 domains of leadership that consist of analytical, conceptual, emotional and spiritual (ACES). Based on this model, an effective leader should practice competencies from all 4 leadership domains. This research aimed to evaluate MBA ITB graduates who is working in PT Telkom Indonesia in terms of the implementation of holistic leadership competencies mapped by ACES model. The results of this evaluation are used as input for improving the quality of teaching methods in MBA ITB. The supported data is obtained through questionnaire were spread to MBA ITB graduates in PT Telkom Indonesia and interview with some lecturers MBA ITB. From the findings, the most important skills of a leader come from Spiritual and Emotional domains. 2 remaining domains also resulted high value, thus still need to be developed. Some possible improvement that author offer to provide cross-disciplinary courses, building partnership with company, assigning real project to students, re-working case study, also improving lecturing and lecturers. By implementing these improvements, author believe MBA ITB will have better performance and produce better leaders for business and societyKeywords: Leadership, human resource, MBA Schoo
A business strategic study of facilities development in south east sematera under gross split production sharing contract
No full textAbstract. To many countries in the world, oil and gas sector has been vast areas that become a strategic sector to its nation in parts of country and region stabilization. It also becomes a vital commodity in countries that mainly could affect its economic country’s conditions. South East Sumatera (SES) block has been a part of Indonesia’s oil and gas production area whereas its contribution from 1960’s until present time. Under a Production Sharing Contract (PSC) agreement, SES block is one of the largest offshore producers of crude oil in Indonesia. However with regards to implementation of new regulation on September 2018, the Production Sharing Contract is to be terminated and handed over to the new contract holders/operator. Therefore business strategic plans to develop South East Sumatera aging facilities are imperative. The research for facilities development in South East Sumatera (SES) initialize by provides a general comparison between ongoing production sharing contract agreement and new gross split production sharing contract. Furthermore, the methodology of this research are by a qualitative method to knows facilities development options and followed by a quantitative method by uses a Net Present Value (NPV) calculation and NPV Index (%) approaches, to calculates the profitability figures for each facilities development options. Based on the analysis, it shows detrimental comparison in the new gross split production sharing contract, in which efficiency factor on production costs as well effectiveness factor of work program are turn out to be the most outstanding concern in the new gross split production sharing contract. The conclusion from Net Present Value (NPV) calculation and NPV Index (%) shows that options which has less initial investment is potential as the most profitable values. Further as part of management implication and scenarios development, it concluded essential to re-considers as well to the factors of potential production loss, technology level requirement and potential of local environment effect. Hence from this study, it concludes and recommends an offshore facilities development after contract hand-over is to develop a distribution pipeline and to develop an offshore platform refurbishment; whereas these options have potential profitability values as well in consideration of potential production loss in case if said options are non-executed. Addition recommendation to support above is to perform a detail study and analysis of new-build platforms in integration between personnel accommodations and power generation facilities as part core support of oil production activities in South East Sumatera (SES). This study is expected to provide an outlook of potential facilities development options to the new contract holder/operator, at the same time as to provide an outlook of investment figures necessary in regards to develop offshore facilities in South East Sumatera (SES).Keywords: production sharing contract, gross split, profitability, offshore facilities development and production loss
Pre-mortem analysis in executing new ferronickel plant at halmahera timur to ensure a successful project delivery
No full textAbstract - At the end of 2015, PT. ANTAM (Persero) Tbk. have earned the State Capital Investment funds (PMN) as government support to the State Owned Enterprises to carry out the mandate of Act No. 4 year 2009 (which became effective on January 12, 2014). Fund of Rp. 3.5 trillion will be used to build a ferronickel plant in East Halmahera through the project team P3FH (Proyek Pembangunan Pabrik FeNi Haltim). The challenge for ANTAM is optimize PMN fund to build new plant so that no more additional time and money needed to complete the plant. In order to ensure project a successful project delivery, we have to know what risks that will face the project and how to assessment the high priority and mitigate it. Primary data are collected by conducting interview to several employees with different background to enhance the view of project’s risk. Secondary used in this study are company data, literature and third party data. Pre-mortem analysis used to encompass the idea of sharing expertise or experience and from this analysis we acquired as many as 26 issues/risks (failure mode) and 59 causes risks, all of them are categorized as the five types of groups: completion, financial, operational, environment, and legal / politics issue/risks. Failure Mode Effect Analysis (FMEA) is used to assess the risk priority obtained from pre-mortem analysis to obtain the 16 highest priority cause risks from several failure mode; Deal and delay with IPP, insufficient fund, failure in performance test, contractual risk, changes in management, possibility of inadequate source of fund and decrease in nickel price. Those issues are related to the completion issue and financial issues/risks. Mitigation on high priority causes risks was elaborate in this study and risks that have top priority here should receive more attention by ANTAM management. Keywords: pre-mortem, failure mode effect analysis, completion issues, financial issues, operational issues, environment issues, and legal / politics issu
Strategy formulation of ip radio product at fr telco facing hypercompetitive business environment in asia pacific
No full textAbstract - FR Telco is a telecommunication device supplier based in France. Currently FR Telco face a very tight competition in the industry, particularly with supplier from China. For IP Radio product, specifically in Asia, FR Telco inability to compete due to premium price of FR Telco equipment compared to market price and long delivery lead time. To solve this problem, FR Telco has taken several steps. One of it is by having an integration with other supplier. This is done in order to leverage product portfolio of both companies to offer a flexibility in difining the strategy. In addition to that, the integration will strengthen FR Telco financial statement to acquire other suppliers to expand its technology portfolio. Proposed solution to resolve delivery lead time issue is through centroid methodology. With this methodology FR Telco will be able to locate the right location for manufacture and distribution center for Asia market. Thus, FR Telco will be able to optimize transportation cost and expedite delivery time. This recommended solution is expected can disrupt the high intense competition by providing more competitive price and increase speed of delivery product of FR Telco. Keywords :  competition, low price, delivery time, disrupt the competitio
Dynamic Balanced Scorecard Approch for Government Organization Strategy Development : A Case Study of Education and Training Unit for Underground Mining (ETUUM)
No full textAbstract. Purpose- the purpose of this research is to analyze the development of Balanced Scorecard by strategy map that has been done in the Education and Training Unit for Underground Mining (ETUUM) using a system dynamic. Design/methodology - the use of system dynamic to develop the conceptual model from the balanced scorecard perspective which requires a variety of information that collected through observation, interview and document collection and secondary information. The conceptual model is intended to describe the condition of the organization as a virtual world that can provide a clearer picture of how the complexity of the organization. The conceptual model is also used as a tool to test the performance and strategies for the future. That it is important to note is that the model is the actual condition of the organization in the real world and focus on key variables even though some assumptions. In this study using four scenarios.Finding- to get sustainable business and the competitive advantages ETUUM strategy must include development in the learning and growth perspective (organization competency), the internal business process (NSPC and training program), as well as the customer perspective).Limitations– The research was done only in ETUUM organization and based on the hypothesis of literature and cases in ETUUM. The research can be spread more by analyze a whole of ETUUM Balanced Scorecard.Implications - research models can be developed further more to analyze the causal relationship between various indicators in the non-profit organization. With understand the causal relationship, the organization strategy more easy to decide, and the research can be developed in other government organizations, and comprehensively conducted from various Balanced Scorecard perspectives.Originality - this research is only a small part of the implementation of the Balanced Scorecard research, especially with system dynamic for government agencies are engaged training business in Indonesia. Keywords: Balanced Scorecard, dynamic system, organization strategy, cause and effect. Abstract. Purpose- the purpose of this research is to analyze the development of Balanced Scorecard by strategy map that has been done in the Education and Training Unit for Underground Mining (ETUUM) using a system dynamic. Design/methodology - the use of system dynamic to develop the conceptual model from the balanced scorecard perspective which requires a variety of information that collected through observation, interview and document collection and secondary information. The conceptual model is intended to describe the condition of the organization as a virtual world that can provide a clearer picture of how the complexity of the organization. The conceptual model is also used as a tool to test the performance and strategies for the future. That it is important to note is that the model is the actual condition of the organization in the real world and focus on key variables even though some assumptions. In this study using four scenarios.Finding- to get sustainable business and the competitive advantages ETUUM strategy must include development in the learning and growth perspective (organization competency), the internal business process (NSPC and training program), as well as the customer perspective).Limitations– The research was done only in ETUUM organization and based on the hypothesis of literature and cases in ETUUM. The research can be spread more by analyze a whole of ETUUM Balanced Scorecard.Implications - research models can be developed further more to analyze the causal relationship between various indicators in the non-profit organization. With understand the causal relationship, the organization strategy more easy to decide, and the research can be developed in other government organizations, and comprehensively conducted from various Balanced Scorecard perspectives.Originality - this research is only a small part of the implementation of the Balanced Scorecard research, especially with system dynamic for government agencies are engaged training business in Indonesia. Keywords: Balanced Scorecard, dynamic system, organization strategy, cause and effect
The Best Solutions to Overcome the Lack of Scada Using Analytical Hirarchy Process (AHP): Case Study of SLN - Chevron
No full textAbstract. Sumatra Light North is a portion of the operating area of PT Chevron Pacific Indonesia (CPI) which is located on the island of Sumatra, consisting of Bekasap area, Bangko area, Balam area, and Libo area, as well his production that far apart from each other then in need of an equipment for monitoring, controlling, analyzing the production in real time to maintain, improve and reduce the loss of production would require an technology SCADA (Supervisory control and Data Acquisition) which to date only 47% the number of wells already installed SCADA. The impact of the world oil price is getting down to 30 per barrel. SCADA development project then stopped. So there is a shortage of equipment SCADA. This study aims to select the best solution to overcome the shortcomings of the SCADA equipment. There are 4 ways to override it, i.e., new install, relocate, splitter and rental.The decision making process in this study is using Analytical Hierarchy Process (AHP) and Value-Focused Thinking (VFT) to select the best solution to overcome the shortage of equipment SCADA.Based on the analysis calculations using AHP four criteria and interviews of experts, the best solution to overcome the problem of shortage of SCADA equipment is to perform SCADA equipment rental. Keywords: SLN Chevron, Oil Well, SCADA Equipment, Value focused thinking, Analytic hierarchy proces
The Influence of Work Motivation and Leadership Impact to Employee's Jobs Satisfaction at PT. Era Asta Marin Nusantara (PT. EAMN) - A Case Study
No full textAbstract - Basically human resource is the only resource which had important role to determine the growth of an organization or a company. Human Resource improves the company's bottom line with its knowledge of how human capital affects the success of organizational. Leaders with expertise in human resource strategic management participate in corporate decision making that underlies current staffing assessments and projections for future workforce needs based on business demand.The objective of this study was to analyze and determine: a) the effects of work motivation on employee performance satisfaction, b) the effect of the impact of leadership on employee satisfaction and c) the effects of motivation and leadership impact to the satisfaction of employee performance.The design of this study is descriptive research which describes the information and characteristics of the population or phenomenon being studied at PT. Era Asta Marin Nusantara (PT. EAMN). The description used for statistical calculations, whereas a survey investigation was conducted to measure the variable with the distribution of questionnaires with statement by using a five point Likert scale and interview. The method used to evaluate the results of the survey is multiple regression. Research is based on primary data which are collected from the respondents of PT. EAMN, and also using secondary data to support the information. In order to analyze samples that are used mainly as primary data, purposive sampling is used to determine the sample. Thus, the data were analyzed using correlation method. The results of this study will show that there is a positive and significant relationship between motivation and leadership impact on job satisfaction in PT. EAMN. In addition, this study provides a suggests recommendation as a business solution to improve employee performance for the betterment of the company in the future.Key words: Human Resources; Work motivation; Leadership; Job satisfaction
Evaluation of operation synergy, optimal financing mix and dividend decision to maximize the value of business in inalum holding of mining
No full textAbstract. Introduction: Many strategic investments are often justified with the argument that they will create synergy. For holding mining establishment the goal was more on how to increase business capacity and funding, management of natural resources of mineral and coal, increase value added through downstream and increase local content, as well as cost efficiency through synergy. This paper aims to find the value of synergy in Inalum, PTBA, ANTM and TINS before establishment holding company of mining and the sensitivity the value to different assumptions and how to improve value of synergy in creating a holding company of mining. The major aims of mining holding company to create value and synergy in mining State-Owned Enterprises, with the expectation, it will increase revenue contribution to the country. These goals could be analyzed and measured by understanding of synergy based on two sources of synergies: operating synergy and financial synergy. This paper will assess operating synergy. Methods: In this valuation, Discounted Cash Flow (DCF) Framework will be used to recognize the potential source of synergy from operation. Results: This study found that gain from operation synergy of increasing growth and cost reduction will maximize the business value amounted USD 3,659,295.63, compared to gain from cost reduction USD -14,181,427.91 and gain from increasing growth USD 644,448.44. Conclusion: Given the results from study, it is important to derive the right strategy from investment decision to reflect the optimal source of synergy in order to maximize the business value in Inalum. Keywords: DCF, investing decision, maximize business value, value of synerg
Packaging Design As A Brand Building Tools For Diet Rice - Organic Black Rice
No full textAbstract - Diet Rice was founded in Bandung around the beginning of 2014, and since the establishment of these products are marketed as substitute products that can enhance a healthy lifestyle in the society in Indonesia. Supported by the tendency of a healthy lifestyle is emerging favored by the people, resulting in intensified competition in the healthy food products on the market. Within a year of his journeys, these products are experiencing a decrease in sales. Eventually the efforts to market products better by way of changing the packaging design. Packaging is important as assessed the process of improving the value brands as media delivery in communicating corporate identity and image of the product itself. Earlier Rice Diet did indeed have not yet found the right packaging concept for building the company's brand, to fix this problem then the steps you need to do is do some research by changing the shape of the packaging of a Rice Diet against potential consumers of this product. Through semantic differential approach, Rice Diet can direct form of packaging that is in accordance with the vision and the concept of Diet Rice itself so that it can build an effective brand. Research carried qualitative with in-depth understanding of human behavior and objects that can be observed and quantitative by sampling process through test questionnaire to find out how consumers perception of Diet Rice packaging, and for the further processed by the semantic differential with assess alternatives prototype for Diet Rice’s new packaging design. Keywords : Organic Rice Business, Packaging Design, Brand Building, Diet Ric