Business Model Strategy Research Articles

BUSSINES MODEL CANVAS (BMC) DAN ANALISIS SWOT SEBAGAI STRATEGI PENGEMBANGAN UMKM SANGGAR ALAM BATIK KECAMATAN SUKOREJO KABUPATEN PASURUAN

The research study to analyze the business model and development strategy of Sanggar Alam Batik Kec. Sukorejo Kab. Pasuruan based on BMC and SWOT analysis. This study uses a descriptive qualitative approach. Data was collected and then analyzed based on Business Model Canvas (BMC) analysis and SWOT analysis. BMC is used to describe Sanggar Alam Batik's business conditions, while SWOT analysis is used in the formulation of business development strategies that are applied to new business models. The results of research on applying the right strategy in business development at Sanggar Alam Batik are SO strategies which consist of 1) finding a strategic place and creating a batik gallery. 2) Create a website as a marketing medium and expand the network in various marketplaces and social media. 3) Expanding market share to the global market. While the adjustment of Sanggar Alam Batik's business model provides an overview of nine model blocks including 1) customer segment, 2) value proposition, 3) customer relationshiip, 4) channell, 5) revenue stream, 6) key resources, 7) key activities, 8) partnerships key, 9) a cost structure that is expected to be able to develop 1) service quality, 3) human resource competence, and 4) support the achievement of clearer targets. The results of the BMC and SWOT evaluations provide an illustration that Sanggar Alam Batik needs a strategy to improve its business by adding eight blocks, including 1) customer segment, 2) customer relationships, 3) channels, 4) revenue streams, 5) key resources, 6) key activities, 7) key partnerships, 8) cost structure

Strategi Pengembangan Bisnis Startup Menggunakan SWOT Analysis (Studi Kasus pada Startup yang Terdaftar di Bursa Efek Indonesia)

Startups in Indonesia that are growed fast and have an impact on the national economy. The high enthusiasm of the people is proven by Indonesia being included in the five countries with the highest number of startups in the world. There are several startups with good financial valuations that can be classified as unicorns or even decacorns. In the capital raising process, of course, it cannot be separated from the strategies taken by the company; one of the funding alternatives is to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). Until 2022, the only startups that have conducted an IPO are PT. Bukalapak.com (BUKA) and PT. Goto Gojek Tokopedia (GOTO). analyzing the two companies' business strategy models using a strength, weakness, opportunity, and threat (SWOT) analysis.The method used in this study is a descriptive qualitative method, and the process of collecting data is by conducting literature studies from sources of scientific publications and accredited digital news.

НЕФИНАНСОВЫЕ ФАКТОРЫ ЭФФЕКТИВНОСТИ ФАРМАЦЕВТИЧЕСКИХ КОМПАНИЙ В РОССИИ

The development of the pharmaceutical industry is inextricably linked with the development of new types of drugs, the introduction of new technologies, the provision of scientific research in bioengineering and biotechnology, which can be ensured through the continuous development of intellectual capital. Intellectual capital is a capacious and ambiguous concept that, other things equal, is explained by the presence of professional skills and competencies of employees that cannot be separated from them and, therefore, are reflected in the financial statements. For a long time, researchers have been evaluating the impact of intellectual capital on the performance and value of companies in various sectors of economy. This article attempts to look at the problem more broadly by adding the factors inherent in sustainable development and competitive advantages of the company: business model and business strategy to the traditional elements of intellectual capital. The purpose of the work is to assess 137the impact of business strategy, business model and intellectual capital components on the performance of pharmaceutical companies in Russia. The object of the study is the financial and non-financial reporting of Russian pharmaceutical companies. The subject is establishing the relationship between the disclosure of information on intellectual capital and financial performance, taking into account the business strategy and business model of the company. The methodological basis is the statistical and economic method, namely, the regression of panel data with fixed effects. The results show that most large companies in pharmaceutical sector adhere to the business strategy of “analyzers” and choose the business model of producers of their own drugs. The findings indicate no connection between the company's business strategy and business model and the performance of pharmaceutical companies. Elements of IC have been established that provide competitive advantages for the company in pharmaceutical industry.

Canvas Business Model and Blue Ocean Strategy for the Development of Rengginang Lorjuk Based on Quality Function Deployment

Rengginang Lorjuk is a Madura snack product that has been around for several years and has a role in the economy, especially in Sumenep Regency. So far, rengginang lorjuk has been sold in raw form, with simple packaging, so it is necessary to develop products to increase their superiority and competitiveness, considering the increasing number of similar products outside Madura that have turned rengginang into ready-to-consume products with various forms and attractive packaging. Therefore this study designed a business strategy to increase business competitiveness, especially in the field of product development. The analysis used in product development is Quality Function Deployment (QFD), which will then be integrated with the ERRC Grid (Eliminate-Reduce-Raise-Create). The data collected in this study used two techniques, namely interviews to validate several factors that influence consumer decisions and satisfaction with rengginang lorjuk food products in general and specifically. The second technique is to use a questionnaire technique to 150 respondents. There are 17 indicators used to measure consumer satisfaction, and 8 of them are considered to have exceeded consumer expectations and the rest have not met them. In this study the contribution value is used to describe indicators that should be a concern and priority for SMEs so that improvement efforts can be made. Based on the ranking results on priority indicators, IKM can determine a strategy using the ERRC Grid approach, in order to increase the competitive advantage of the products it produces.

Study on A Non-standard Business Model and Robust Risk Management Strategy of Insurance Fund Investments in China

Study on A Non-standard Business Model and Robust Risk Management Strategy of Insurance Fund Investments in China

Vender o passado com futuro comunicação, marketing e gestão dos museus de arte e tendências de financiamento

The aim is to identify trends in funding sources for museums as an integral part of the business model and management strategies of museums. The methodology applied in this article is mainly based, on the one hand, on the literature review (magazines, newspapers and technical and scientific publications); and, on the other hand, on content analysis and case studies, with the bulk of the information predicated on analysis ofthe account reportsof twenty-four museums from three continents. Empirical research results show that museums are trying to diversify revenue sources to ensure their economic and financial sustainability. This work also made it possible to identify some other trends in terms of museum management, with particular focus on marketing, internationalisation, and digitalization practices.

СТРАТЕГИИ ТРАНСФОРМАЦИИ БИЗНЕС-МОДЕЛЕЙ ПРОИЗВОДИТЕЛЕЙ ДОРОЖНО-СТРОИТЕЛЬНОЙ ТЕХНИКИ В УСЛОВИЯХ КОНКУРЕНЦИИ С ИНОСТРАННЫМИ КОМПАНИЯМИ

The article examines the competition between Russian and foreign manufacturers of road construction equipment in Russia. The subject of the research is strategies for the transformation of business models of manufacturing enterprises in developing countries and emerging markets under the influence of multinational corporations. The methodological basis of the research includes theoretical provisions of strategic management, concepts of business models and economics of industry markets. The paper defines business model transformation strategies based on the application of the co-evolutionary concept of innovation in the business models of companies in developing countries by O. Michalache and H. Volberd, 166methods of economic statistics and one-factor analysis of variance. The authors put forward and test the hypothesis that international cooperation with foreign companies increases the competitiveness of Russian manufacturers of road construction equipment. Calculationsin the SPSS program show that companies outside international cooperation have low market share indicators. Average competitive positions in the road construction equipment market are typical for companies importing parts and components from leading foreign manufacturers. Companies that have established joint ventures with foreign partners or acquired licenses for the production of road construction equipment from foreign manufacturers have achieved the best indicators of competitiveness in the Russian market. The most successful Russian companieshave chosen a strategy for adapting the business models of foreign enterprises. This research is of practical importance for the formation of a business model and competitive strategy of Russian companies in conditions of sanctions isolation from the technologies of developed countries and the growth of imports from developing countries.

Exploratory Analysis on the Importance of Business Model Innovations (BMIS) and DigitalTransformation in Global Management Consulting Forms (MCFS)

Business model innovations (BMIs) are an art of increasing advantages and creativity by mutually supporting the changes in the organization and the customer's value in its underlying operational models. Management consulting firms (MCFs) help their advisory or implementing services to improve the business model strategies and organizational and operational performances in their required capacity. Digital transformation is the perfect bridge between BMIs and MCFs. The current research is an exploratory study that has been conducted to analyze the effect of digital transformation on business model innovation when management consulting firms explore and implement their ideas using advanced business through information technology (IT) to improve and satisfy their customers. The research highlighted that by adopting digital transformation, management consulting firms could find innovative technology to improve operational performance by developing strategies and digital impact transformation. Management consulting firms, through digital technology, redefine the business model innovation that fulfils the global market requirements and technology upgradation. The global market realizes e-commerce and advanced technology to increase their global customers. Hence, the research concluded that information technology innovation has the ability to make the business model comply with customers' activities and strategies accordingly.

Business Development Design Using the Business Model Canvas (BMC) Approach and Swot Analysis for One Alumni Coffee Pekan Baru

This study designs business development using the Business Model Canvas approach and SWOT analysis. This study determined the Business Model Canvas elements that need to be improved, so that Business Model Canvas improvements can be made in business development. The approach used in this research is descriptive qualitative by providing an explanation of the company's situation. The stages carried out are tabulating the results of interviews related to the 9 Business Model Canvas components, filling in the tabulation results in the columns of the 9 Business Model Canvas components with the help of the BMC Pro application, conducting a SWOT analysis based on the tabulation results of the 9 Business Model Canvas components, and compiling an improved Business Model Canvas based on the results of the SWOT matrix. The results of this study are that the One Alumni Coffee business model has been compiled in its current condition using the Business Model Canvas approach, the Business Model Canvas One Alumni Coffee elements that need to be improved are identified in all (9 blocks) of the Business Model Canvas, and strategies and improvement programs that can be made from the results of BMC improvements in the development of the One Alumni Coffee business after using SWOT analysis

Constructing A Business Model for Islamic Digital Pension Fund: Depth Think Case Study from INTERDAP and Malaysia

<p><em>The objective of this paper is to redesign the Indonesian pension fund’s business model, management system, and new strategies to balance adequate profits, affordability, and sustainable programs. Consider the Malaysian pension system and adapt the INTERDAP application used by PT. Angkasa Pura II. Through this qualitative case study, we applied the foundations of the Triangle Sharia Justice Ecosystem (TSJE); Sharia, digitized the system, and supported green investment in the long run. By modeling the business strategy, facilitating the business model and supplier relationship management, and creating mutually beneficial management among stakeholders. The study found that Malaysia’s pension system has an investment purpose. Indonesia, on the other hand, provides pension loans only based on previously agreed cumulative contributions. Malaysia encourages people across the country to save on severance funds. The pension system is still managed conventionally. Malaysia requires a pension contribution of 23% of the employee’s base salary, while Indonesia requires only 3%. This will affect the contribution of pension funds to the GDP. Malaysia’s pension fund accounts for 60% of GDP. Besides, Indonesia is at only 6.03%. Another view is, to become a developed country, pension funds need to reach 60% of GDP by 2045. Because 42% of the total supply of funds in the infrastructure sector comes from pension funds. The practical implications of this study are access to information, security, and transparency in the management of pension funds through a digital system supervised by the Sharia Regulator (BPS) and the Indonesian government’s efforts to realize that supports the green economy This study integrates the foundations of the TSJE about pension funds management. The limitation of the research study is that more detailed studies and methods are needed to analyze this study. It is expected that this TSJE system will be applied further.</em><em></em></p>

Consolidating strategies for innovative business models

To help face an unknown future, including ecological and social crisis, the public requires similar opportunities as government in problem solving. Deliberative democracy can facilitate quick responses to complex problems in society, so too, in small and medium-sized enterprises with limited resources. Of the latter’s engagement with deliberative democracy, we know too little. Service design and innovation lays a foundation for transformative service research. This action research brings the theoretical framework of service design into action using the practice of World Café first outlined by Juanita Brown. As a method, participants and organizations can explore various innovation business model topics whilst developing competencies in communication within their own context. The aims of this paper are to identify what can be accomplished through collective consciousness. It offers an example of action research as an integrative examination of how multiple perspectives contribute to the whole. In this study, the authors based in a Non-Governmental Organization for professional development, encourages organizations to reflect on practices and develop critical thinking to suggest action steps for industry innovative services. In the following the reader will: (a) Explore Taiwan SMEs’ efforts to form collective consciousness and to achieve consensus on the innovation industry strategy formulation; (b) Learn how groups’ and organizations’ learning was facilitated with recommendations for the feasibility of future actions; (c) Note how effective group discussion and emotional interaction between SMEs’ members were achieved such that the participants unanimously committed to subsequent actions. In sum, the action research orientation to business development contributed to achieving through collective consciousness by which consensus and action was developed on strategy, opportunities, and resources.

Research on Imported Cross-border E-commerce Marketing Strategy—A Case Study of Little Red Book

With the development of the Internet economy, cross-border e-commerce platforms, as a new foreign trade mode and economic growth point, have huge market potential by introducing high-quality imported goods to gain the favour of domestic consumers. Taking the Little Red Book as an example, based on the study of the cross-border e-commerce industry environment, this paper explores the business model and competitive strategy of the Little Red Book. Then the current marketing strategy of the Little Red Book as a cross-border e-commerce platform is analyzed in detail. Finally, the article puts forward some rationalized marketing suggestions to sharpen the competitive edge of the platform by combining the developmental characteristics of cross-border e-commerce.

Digital Marketing Development Strategy of Sharia Cooperative

The development of Sharia Cooperatives faced obstacles due to the Covid-19 pandemic situation. Many people no longer use sharia cooperatives in carrying out their daily lives, especially the owner of business. This situation requires innovation by utilizing digitization technology. One of the form of technology that can be used is digital marketing, with digital marketing communications and transactions can be carried out at any time. This study focuses on mapping the characteristics of Islamic cooperatives and evaluating the performance of Islamic cooperatives as well as producing business strategy models for Islamic cooperatives. The method used is descriptive qualitative with SWOT analysis techniques. Sampling method use non-probability sampling (snowball). The participants in this study were the management of the Baiturrahman Mitra Umat Sharia Consumer Cooperative (KKS), Bojong Gede, Bogor, West Java, totaling 6 informants. The results of the study show that the Baiturrahman Mitra Umat KKS is a cooperative that has a strong and growing market. The Baiturrahman Mitra Umat PSC can carry out two types of strategies, namely intensive strategies and integrative strategies. Intensive strategies can be carried out by cooperatives in the form of market penetration and market and product development. The integrative strategy can be carried out by cooperatives in the form of forward integration, backward integration, and horizontal integration.
 Keywords: strategy, digital marketing, sharia cooperatives

Business Strategy Model on the Optimism of MSME (Small Enterprises) Performance in the West Java Region Indonesia

This study aims to examine the business strategy model of UMKM Juara towards increasing optimism on the performance of MSMEs. The research method used is a qualitative method with a field approach, an institutional approach, and a library approach. The types of data used in this research are primary data and secondary data. Data collection techniques used are observation, interviews and literature study, while secondary data comes from journals, proceedings, government regulations, and legislation. The results of this study found that the business strategy model with the UMKM Juara concept resulted in an increase in various things such as MSMEs advancing to class, increasing income. This is because the UMKM Juara concept is digital-based, where MSMEs are fostered to be able to compete in the global market. Thus, the business strategy model must develop to digital based, so that improvements in MSME performance can be achieved.

Proposed Business Model and Business Strategy for Financial Planning Business in Young Middle Class Family Market

Financial planners have been presumed to be expensive and luxurious service and are only needed by people who have assets. While in fact, financial planner is more needed by middle-class people experiencing financial issues. However, there are not many financial planning firms that specifically address this problem. FinansialKita is a financial planning online platform that will provide services segmented especially to these particular segments. As a new venture in the financial planning sector, FinansialKita does not have a proper business model and business strategies to enter the market. This paper is made and aims to find a befitted business model and business strategies for FinansialKita, specifically for the young middle-class family. This research used a qualitative approach with case study method. The data were collected by interviewing correspondents’ financial behavior and preferences. The data was then analyzed using the strategy diamond framework to generate a business model for FinansialKita and its business strategies. This research shows that the FinansialKita business model should focus on providing its customers with educational services rather than financial planning consultations. The proposed business strategy will focus on building image, brand, and reputation to gain trust from customers.

Effective Marketing and Corporate Governance Contribute to Entrepreneurial Success: Case Study of India’s Most Trusted Diagnostics—Healthians

The increased awareness surrounding health is a significant factor contributing to the trend of health awareness. People are showing extra care with changing lifestylesleading to more proactive care toward their health. There was an immense need to fill this gap. The founders of Healthians, India’s most trusted diagnostics, sensed this need and converted that into a successful business model. This article analyses Healthians governance and brand strategy making it one of the largest players in the Indian market. The article begins by describing the initial journey of Healthians and its founder. The article also highlights the financial strategy of the company along with the funding details. The industry analysis had also been done along with an analysis of major players in the diagnostic industry, followed by a discussion on the expansion strategy of the company. The business model, corporate governance, and marketing strategy of the company have been discussed in detail, followed by the brand strategy, in order to derive useful learning from the journey of this company. Adequate discussion on the products of the company had been done, along with the mentioning opportunities waiting to be explored by the company. With the highest competitive and volatile market of the healthcare industry, this company ensures that the highest standards in corporate governance and business ethics are being followed in the company. The article concludes with some dilemmas being faced by the company which may decide its future course of action and the various alternatives available to the company.

Does digitalization boost companies' outward foreign direct investment?

The development of digital economy influences the digital transformation of companies while profoundly affecting the production efficiency, business model and overall strategy of firms, which has an important impact on business decisions, including foreign investment decisions. However, whether and how digitalization affects corporate OFDI has not been sufficiently empirically investigated. Taking Chinese listed companies in Shanghai and Shenzhen A-shares from 2009 to 2020 as samples, this paper constructs corporate digitalization indicators by using "text analysis method" and empirically tests the impact of digitalization on corporate OFDI and its path. The study finds that digitalization significantly promotes corporate OFDI. In terms of the influential mechanism, digitalization promotes corporate OFDI by improving total factor productivity and reducing financing constraints. In addition, external digital economy policies can provide favorable support for the digital transformation of firms. Meanwhile, the impact of digitalization on corporate OFDI is somewhat heterogeneous due to the different resource utilization efficiency and market environment. This study not only reveals the impact mechanism of digitalization on corporate OFDI, but also provides micro evidence for the deep integration of digital economy and real economy. Meanwhile, the findings have important implications for the formulation and implementation of digital policies.

Current Situation Analysis and Future Outlook of Boeing Co.

Boeing Company is the leading aerospace company in contemporary times. As a result of pandemics recently, the global aviation industry has been severely impacted, and the operational risks faced by Boeing have also expanded. Based on the business strategy and profit model of Boeing Company in recent years, this paper analyzes the dangers that the Boeing Company has experienced in its operations and growth from the standpoint of the interaction between its resources, operations, and financial data over the last three years, in order to forecast its future growth.

Research on the commercial model and marketing strategy of Tik Tok live streaming

Tik Tok is now one of the most relied on platforms by all young people; even some elders and office workers will spare their leisure time to entertain themselves on Tik Tok. The Tik Tok platform has videos, just like elders can watch live sports and food on Tik Tok. But TikTok is not perfect. When you have a lot of different people on the platform, there’s always something to work on. Some problems have been on the platform for a long time, and there is no good way to improve them. Conducting customized experiments to study this topic, this paper collects basic Tik Tok user information and some live broadcast modes through questionnaire surveys or interviews to better understand Tik Tok’s business model and live broadcast strategy. After collecting enough materials, screening is carried out, and finally, the results and conclusions are drawn using materials, real data on the Internet, and literature. Hence, this article is to do some research on Tik Tok and some suggestions to write out, but also better service for users.

Research on The Effectiveness of Customers to Business to Customers Business Model on Consumers' Willingness to Use E-commerce Platform

The C2B2C model is the first trendy e-commerce platform to come out of the circle, and its unique model has brought it rich revenue and wide fame. In the current academic world, there is no very detailed research on the analysis and summary of the business model and optimization suggestions and strategies of Dewu APP. Therefore, this paper analysed the C2B2C business model of Dewu based on the characteristics of Dewu's model, starting from the current development of the C2B2C business model, further analyzing the competitiveness of Dewu APP in the new e-commerce model by using the SWOT model, and studying the many effects of the business model on consumers' willingness to use e-commerce platforms. Finally, based on the information obtained and the information obtained from the research, this paper proposed to strengthen supervision and management, develop potential customers, improve the technology of the platform to attract more users, and study the strategies to achieve the innovation of the business model of Dewu. In the modernization and transformation phase, when e-commerce platforms are undergoing change, by disseminating the ideas and tactics of the business model, authors can give them the appropriate reference value and research importance for optimization and improvement.