4,470 research outputs found

    Understanding a viable value co-creation model for a sustainable entrepreneurial system: a case study of Batik Solo industrial cluster

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    This study analyses entrepreneurial system as an intelligent complex organism for a collective goal. Viable system model (VSM) assists the viability investigation process, prescribe and facilitate the agreed improvements from operations to policy management as the highest level of the system. Value co-creation concept from a service science perspective complements the analysis with the external sector by using positive collaborative innovation with customers as a third dimension. The combination of VSM and value co-creation model is applied to the entrepreneurial system of the Batik Solo industrial cluster, as related data has been collected in parallel with the value co-creation research of SBM ITB from 2013-2014. The finding produces a mapping model of the industry, the roles and the improvement from a viable value co-creation point of view that consists of five functional and complete working organs: 1) operation; 2) coordination; 3) integration; 4) intelligence; 5) brain

    Urban tourism development for bandung city, Indonesia: a preliminary study

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    Tourism is undergoing fundamental changes regarding the market, industry structure, and the product or services offered. Motivations and preferences in experiencing a destination have been proliferating in number and range, thereby challenging conventional models of tourism management and planning. Likewise, cities as the key destinations of urban tourism are also constantly changing which intensifies the links between the tourism industry and the urban dynamics. The fundamental concern is understanding tourist motivation and preferences as the input of city features improvement process to actualize an ideal urban tourism symmetrical from bottom-up to top-down interests. The shifting phenomenon to urban tourism as well takes effect in Bandung city. Modernization has an evolutionary effect on tourism activities from cultural-historical tourism towards a more consumptive pattern such as shopping-culinary activities. Thus, this preliminary study employs factor analysis method to explore the variable relationships reasoning the complexity of experience emerged from tourists while visiting a destination. The factor analysis discovers a finding that multiple observed variables have similar patterns of responses in the light of Bandung city tourism: social expression and interactive learning. In addition, this study also applies cluster analysis to strengthen the segmenting of each city feature reflecting to the characteristics of the tourists. It is confirmed that there are five classification of tourist visiting Bandung city: unexplored, light, minded, socialist, updated. The bottom-up result of this preliminary study takes on positioning groundwork of Bandung city as an urban tourism destination

    Urban tourism development for Bandung City, Indonesia: a preliminary study

    No full text
    Tourism is undergoing fundamental changes regarding the market, industry structure, and the product or servicesoffered. Motivations and preferences in experiencing a destination have been proliferating in number and range,thereby challenging conventional models of tourism management and planning. Likewise, cities as the key destinations of urban tourism are also constantly changing which intensifies the links between the tourism industry and the urban dynamics. The fundamental concern is understanding tourist motivation and preferences as the input of city features improvement process to actualize an ideal urban tourism symmetrical from bottomup to top-down interests. The shifting phenomenon to urban tourism as well takes effect in Bandung city. Modernization has an evolutionary effect on tourism activities from cultural-historical tourism towards a more consumptive pattern such as shopping-culinary activities. Thus, this preliminary study employs factor analysis method to explore the variable relationships reasoning the complexity of experience emerged from tourists while visiting a destination. The factor analysis discovers a finding that multiple observed variables have similar patterns of responses in the light of Bandung city tourism: social expression and interactive learning. In addition, this study also applies cluster analysis to strengthen the segmenting of each city feature reflecting to the characteristics of the tourists. It is confirmed that there are five classification of tourist visiting Bandung city: unexplored, light, minded, socialist, updated. The bottom-up result of this preliminary study takes on positioning groundwork of Bandung city as an urban tourism destination

    Are Mortgage Loans the New Toasters? The Roles of Housing Demand and Political Patronage in Mexican Housing Finance Author-Name: Jenny Schuetz

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    This paper tests for evidence of political manipulation in the allocation of subsidized mortgage loans in Mexico during the 1990’s. First, I develop a baseline model of loan allocation across states as a function of housing need, eligibility for lending programs, and administrative capacity to deliver housing. Then, I add measures of political competitiveness to the model. Empirical results suggest that the two largest lenders generally allocated loans according to their eligibility criteria, granting more loans to states with more income- and employment-eligible households and poorer quality housing. Tests for political manipulation suggest that more loans were, in fact, granted in federal election years and in states where the ruling party did not perform well in the previous election. However, the numbers lack statistical significance. As a result, it can be assumed that political motivation played a relatively small role in the allocation of loans.Mortgage loans; Housing subsidies; Political patronage; Mexico

    Aligning PTCI Strategies to Global Corporate Strategies Using Scenario Planning

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    Abstract : Profitability and growth are two important and essential measures to a firm existence and survivability. Profitability is critical to a company’s short-term existence, and growth is crucial to long term survivability. Every business wants to maintain its existence and bring value to its stakeholders. Divestment and merger acquisition are part of the company strategy to achieve business growth that fulfil the company objectives, purpose, vision, and mission. In the case of a multinational company, it normally would have a global corporate strategy. Subsidiary companies will follow the strategic guidelines from its parent company. Thus, subsidiary company needs to align its strategy to the parent global corporate strategy. Scenario planning used to answer the key focal issue about how to align subsidiary company strategy to its parent company global corporate strategy. One option for a firm to cope with uncertainty is scenario planning. Scenario planning is a unique tool compared to other decision analysis methodology. Scenario planning uses information on key uncertainties and certainties concerning the future to assemble an information rich illustration that provides eloquent descriptions of future worlds. The data collected in this study comes from literature studies, interviews, questionnaires with internal and external stakeholders. External analysis is using the PESTEL framework and Porter Five Forces model. While internal analysis is using Growth-Share matrix, VRIO framework, and Strategic Diamond model. Information is consolidated to give driving forces that would shape up the future. Two driving forces that give the highest impact and uncertainty, Indonesia economic growth and company Product Innovation, are defined as critical uncertainty and used to construct a 2×2 scenario matrix. The scenario matrix, implication, options, and early warning systems are explored for each scenario to align subsidiary company strategy to its parent global company strategies

    Choosing Best Alternative Using Decision Analysis To Maximize Revenue in Company X

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    As a company that moves in retail business specialized in selling daily needs, company X has developed their brand to become top of customers’ mindwith 12% rate of sales growth. However, the Board of Directors (BOD) of company X targeting the rate of sales growth should be 20%, therefore they decide to make an expansion to gain the sales rate, also follow the increasing demand, as well as maintain the customer satisfaction.This research focuses on determining the best alternative that can generate the highest revenue for company X, using decision analysis tools (i.e. smart choice), decision tree and sensitivity analysis. This analysis will be presented in step-by-step in order to be able to generate the best alternatives by understanding the consequences, tradeoff, and uncertainties of the alternative. Keywords:Decision Analysis, Business Expansion, Maximize Revenue, Smart-Choic

    PAIRED DIFFERENCE ANALYSIS OF STARTUP BUSINESS NEGOTIATION: STATED & IN-PRACTICE STRATEGY

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    Abstract. The need to understanding and possessing negotiation is very important since it is every day process involving future of the orgsanization. Meanwhile, it is become more important to startup, as an enterprise unit who have characteristic of small team of professionals that hold autnomy authority. In this study, it asked what strategy between those they stated, which consist soft & hard, and integrative. However, a good negotiator should able to implement the strategy to deliver a desirable outcome. Therefore, an issue to measure consistency of stated and in-practice strategy is raised. Two questions is developed: is there a difference between stated & in-practice negotiation strategy and if difference is exist what is the direction. A model of measurement is developed consist of 24 pairs consist of each strategy in negotiation dimension. The research indicate 11 out of 24 pairs have evidence of difference and 7 out of 8 integrative pairs indicate the strategy less likely than what expected. Meanwhile, 4 rest soft & hard pairs with difference shows positive direction. The result of this research indicate an overconfident and innability to perform integrative strategy existing in the sample and many respondent of the sample doesn’t recognize what integrative negotiation is. Keywords:  Distributive, Integrative, Negotiation Strategy, Paired Difference Test, Startup Business,Â

    Strategic Decision Making for Facility Optimisation in Indonesia’s Gunung Kemala Oil Field Using AHP

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    The focus of this research is the strategic optimisation of surface production facilities under capital and governance constraints, in Indonesia’s brownfield oil assets of Gunung Kemala (GNK), within a state-owned-enterprise (SOE) governance context. An integrated Multi Criteria Decision Making (MCDM) model is formulated, jointly involving Value-Focused Thinking (VFT) to organise policy objectives, Kepner–Tregoe (KT) Decision Analysis to filter “Must” criteria and “Want” criteria, and the Analytical Hierarchy Process (AHP) for ranking four strategic alternatives: i.e., constructing a new facility, upgrading current facilities, utlisation of idle assets and renting third-party infrastructures. The raw data was obtained through conversation, focused group discussion and expert pairwise comparison with seven experts from domain knowledge. The comparison results reveal that utilization of idle assets appears as the biggest preferred alternative (global priority weight = 0.547) and compared to greenfield & brownfield expansions. This dominance derives from the capital efficiency, faster deployment time, reduced regulatory exposure and better alignment with asset-governance constraints. This research presents an integrated VFT–KT–AHP decision framework that is designed specifically for the brownfield bottle necks in emerging-market upstream settings. It expands the traditional AHP application from technical based ranking to incorporate issues in governance feasibility and asset utilization strategies as an internal capital allocation decision logic, providing a solution model that is applicable with other SOE oriented energy systems

    Snimanje igranog filma pri ambijentalnom svjetlu

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    Autor u radu kroz primjere iz snimateljske prakse pokazuje koji se postupci i zašto koriste u snimanju pri ambijentalnom svjetlu. Ukratko je prikazan razvoj i povijest snimanja pri ambijentalnom svjetlu. Rad završava s vlastitim iskustvom autora u snimanju pri ambijentalnom svjetlu.In this article, through examples of feature films, author presents methods and reasons for shooting in existing light. Also, evolution and historic development of shooting in existing light is briefly shown. Article is concluded with author's experience in shooting with existing light
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