Company Leader Research Articles

Optimizing petroleum redistribution in Sri Lanka: A cost-benefit transportation model

This case study is based on Ceylon Petroleum Corporation, Sri Lanka, the national oil and gas company and market leader in Sri Lanka. The company’s outbound logistics consists of a centralized distribution method and a redistribution process of its products across the island. However, this study mainly focused on one regional depot and one petroleum product, Kotagala depot and Lanka Auto Diesel. The currently centralized redistribution process has noticed extra routing costs due to the unreasonable consumption of additional distance. This problem is modelled as a variant of the vehicle routing problem with a heterogeneous vehicle fleet. Our objective is to minimize the routing costs (or milk-run) by imposing constraints on the capacity and the volume. The researcher introduces a centralized vehicle routing problem that is presented. The proposed vehicle routing problem has been used to find the optimal path between clusters. The computational investigation highlights the cost savings that this new VRP can accrue. Cost savings can be accrued as large as 32.35% compared to a company's existing method.

Scenario Planning of Pertamina Patra Niaga Business Strategy to Address the Growth of the Indonesian Electric Vehicle Market

PT Pertamina Patra Niaga is facing an era of energy transition, and one of the biggest phenomena is the adoption of electric vehicles (EVs). Massive EV adoption will impact Patra Niaga’s future business, and they must prepare a strategy to deal with these changes. This research aims to determine the factors that influence EV adoption in Indonesia and propose strategies that need to be carried out by Patra Niaga. The literature review shows that internal and external factors are very influential in determining Patra Niaga’s strategy. The research design is qualitative, with data obtained from primary sources from interviews and secondary data sources, including industry documents, reports, and journals. Using the scenario planning method with the PESTEL approach, the paper identifies four possible scenarios for the future of EV adoption in Indonesia. The possible scenarios are green tech frontier, policy-driven change, market-led innovation, and stagnant development. Environment analysis conducted both external analysis and internal analysis. The research uses Porter’s Five Forces to identify rivalry among the industry players for external analysis. Meanwhile, the internal analysis uses the use VRIO Framework to identify the competitive advantage of the company and the strength and weakness analysis to determine the opportunities and threats for the company. Finally, the research uses the BCG Matrix to develop a strategy for each scenario. Based on the BCG Matrix, the proposed strategies are to invest more in the EV infrastructure where the scenario is green tech frontier, to invest or divest where the scenario is policy-driven, to keep the EV infrastructure business running where the scenario is market-led innovation, and to s liquidated where the scenario is stagnant development. The chosen strategy is suggested to be implemented based on the probability of occurrence for each of the scenarios within a timeframe from the year 2024 to 2035 by involving various divisions in the company, including marketing, business development, and project leader of the EV division.

Automated Determination of a Behavioral Personality Type Using the Disc Method: Comparative Research of Programs and Chatbots Based on Artificial Intelligence

The article presents the results of the comparative research and testing of programs and chatbots based on artificial intelligence in order to determine the type of client's personality using the DISC method. The purpose of this study is to draw conclusions about the comparative effectiveness of the automated programs of psychometric text-based analysis and the possibility of their use in practice. We have analyzed 62 text mining programs and 11 artificial intelligence chatbots using automated language models and identified those that are capable of psychometric text analysis based on the DISC methodology. Using selected programs, we analyzed the text of social media posts and interviews of the selected company leader in order to determine his psychological characteristics and personality type. The studied programs are able to determine the personality type based on his/her texts and social networks, however, in our opinion, today such an assessment is not as reliable as with direct psychometric testing of a person and observation of his/her behavior in real life. This method of studying a person is quite useful from a marketing point of view and allows to prepare a product and business offer based on the psychological characteristics of a potential client.

The Influence of Business Ethics in Entrepreneurship in the Era of Covid-19 Pandemic

Entrepreneurs in the current era are facing the impact of the Covid-19 pandemic which has caused a decline in sales, raw materials and capital difficulties. This research aims to analyze business actors in understanding the values and rules of business ethics and confirm conformity with the principles of business ethics as well as the application of business ethics during the covid-19 pandemic. This research uses qualitative methods as well as interviews by telephone and meeting directly with business people but still applying health protocols, the respondents in this study were 8 people as entrepreneurs. This research uses qualitative descriptive data analysis. The application of business ethics and business strategies is carried out to realize the sustainability of a business during the ongoing global pandemic and also when the pandemic is over in order to strengthen business management. The results of this study can be used in providing debriefing to every company leader when considering making strategic decisions related to complex morals.

Dr. Mahmoud Khattab: leading by example through an Egyptian revolution

Learning outcomes This case study is most suitable for a target audience of graduate-level students in leadership and/or change management classes. It will help students to apply a change management model to an existing problem/change and analyze its applicability, recognize different leadership approaches in practice and assess their appropriateness in different contexts and present key findings and ideas in front of an audience. Case overview/synopsis This case study examines the leadership of Dr. Mahmoud Khattab, CEO of B.TECH, during the turbulent times of the 2011 Egyptian Revolution. B.TECH was founded in 1997 as a subsidiary of the Egyptian home appliances manufacturer Olympic Electric, to enter the retail market. The morning after January 28, 2011, the “Friday of Rage,” Khattab found the company’s stores looted and seized, and the employees panicked. The company leader was pressured to decide the next steps quickly. Everything was condensed into a dilemma of whether to keep the stores open but potentially risk employee trust and safety as well as the company’s assets – or close them but lose revenue, the ability to pay workers and the company’s market leader position. Students should also identify and reflect on the elements of leadership that contributed to a business success in a turbulent political environment. This case study highlights critical leadership and management decisions during an unexpected crisis that threatened the company’s operations and diversification efforts. Khattab acted almost instinctively, using the interpersonal and creative skills he had acquired while running a family business in his native Egypt and while occupying various leadership roles. Complexity academic level This case study is particularly suitable for classes on change management and leadership for university students at the graduate level. Supplementary materials Teaching notes are available for educators only. Subject code CSS11: Strategy.

Sustainable Development as a Strategy for Enhancing Competitiveness in Tourism Business in Indonesia

The growth of tourism in Indonesia has demonstrated significant progress; however, Indonesia's competitive position in the tourism sector remains below that of Singapore, Malaysia, and Thailand. Empirical studies have revealed a crucial fact: the existence of shifting demands in tourism and the emergence of green tourism. The objective of this research is to formulate a strategy for the development of the tourism industry in Indonesia, aimed at achieving competitive advantage. This study adopts a quantitative approach. Primary data were gathered through the use of questionnaires and interviews, and data analysis was conducted using the Analytical Hierarchy Process (AHP). The research findings indicate that the strategy deemed most essential and viable for achieving Green Competitive Advantage (GCA) within the Hospitality Industry is fostering, enhancing literacy/understanding, and raising GCA awareness among all hotel management personnel. This strategy aims to bolster the commitment and involvement of hotel management in implementing environmentally friendly and sustainable business practices. The most pivotal factors in attaining GCA within the hospitality industry companies are Dynamic Managerial Capabilities, followed by government policies, innovation capabilities, and environmental capabilities. The primary actors contributing to the realization of GCA are the government, community, company leader, and associations.

PENGARUH PERPUTARAN PERSEDIAAN, PIUTANG, DAN MODAL KERJA TERHADAP LABA PADA PT. PRIMA OTO MOTOR PERIODE JANUARI 2017 – DESEMBER 2021

The company leader strives to increase the value of the company and is able to manage the faktor – faktor production owned effectively and efficiently so that the company's goals are achieved. research conducted on PT. Prima Oto Motor which is a trading company that sells vehicle support which is currently a secondary need. Researchers are interested in knowing how much influence the turnover of inventory, receivables and working capital has on company profits before the pandemic and after the COVID-19 pandemic. Whether inventory turnover, receivables turnover, and working capital turnover affect profits.The research method in this study is quantitative with several tests that have been carried out descriptive analysis which states that the highest turnover occurred in January 2018, which was 0.38 and the lowest inventory turnover occurred in May 2020, which was 0.02. The heterochedasity test in this study stated that there was no heterokedasity in this study because there was no specific pattern and the point in the staterplot spread randomly. In the multicollinearity test in this study, it was stated that under the VIF value of each variable < 10 tolerance values > 0.01, then all variables did not occur multicollinearity. The autocorrelation test in this study stated that there was no autocorrelation in this study, which is known that dL < dW > dU. The multiple linear regression test in this study stated that all variables x had a positive effect on variable y. In the t test, it is known that inventory turnover and receivables turnover have an effect on profits, while working capital turnover does not affect profits. In the F test, it was found that the turnover of inventory, receivables and working capital had a simultaneous effect on the company's profit. Based on the coefficient of determination test, it is stated that variable x has an influence on variable y by 56.6%. Meanwhile, 43.4% was influenced by other variables that were not tested in the study.This shows that these components are jointly able to meet the company's needs in achieving company profits. For the management, it is expected to pay more attention and re-evaluate the turnover of inventory, receivables and working capital to be more effective and efficient so that working capital can increase company profits so as to maximize the existing potential. Key : turnover of inventory, receivables, and working capital against

PENILAIAN KINERJA KARYAWAN PRODUKSI BERBASIS KEY PERFORMANCE INDIKATORS (KPI)

This research aims to assess employee performance conducted on CV. Mitra Jaya's creation is to produce qualified and highly dedicated employees so that they get results in accordance with the target or can exceed the predetermined target. In this study, employee performance assessment used a strategy based on Key Performance Indicators (KPI). Every manager and company leader must be familiar with the so-called KPI. One of these management tools is a very effective tool to lift the performance of companies that want to scale up their business to a higher level. In addition to being simple and simple indicators used in KPIs, they are able to present business developments over time very clearly and specifically. This research uses a quality method. The results showed that there was a positive and significant influence on employee performance after the company implemented Key Performance Indicators (KPI) as an assessment of its performance. One of the benefits obtained is an increase in production results and weekly targets achieved even exceeding predetermined targets.

Structuring and Measuring Environmental Sustainability in the Steel Sector: A Single Case Study

Climate change policies are affecting the economic and structural viability of European Union (EU) industries, particularly in the energy-intensive sector, with very challenging goals of EU Agenda 2030 in terms of CO2 reductions and energy efficiency. This ecological transition can be supported by the employment of innovative technologies, enabling production process efficiency, resource optimization and supply-chain integration. Nevertheless, it is still empirically unclear how energy-intensive industries will complete their ecological transition successfully, especially in terms of achieving environmental sustainability practices within the organization and in the supply-chain without endangering their economic availability. Moreover, the assessment of environmental sustainability performance is still not a unique standard framework, causing loss of transparency and traceability towards internal and external stakeholders, such as managers, investors and business partners. With 20 qualitative interviews of customers and experts of a company leader in the steel construction sector in Italy and Germany, the Feralpi Group, this paper explores the implications of strategic environmental sustainability indicators, which can transparently assess company performance. Preliminary results underline how shared standardized indicators are fundamental for a tighter supply-chain integration, giving impulse and significance to the steel producers’ efforts for environmental sustainability excellence. Future research should further investigate the connection between environmental sustainability strategies and performance indicators for a more integrated sustainability framework.

Pengaruh Sistem Akuntansi Manajemen dan Strategi Bisnis Terhadap Kinerja Manajerial

A company leader must be able to improve his managerial performance, so that the company he leads can have high performance. Aspects that can affect managerial performance include management accounting systems and good business strategies. This study aims to determine the effect of management accounting systems and business strategy on managerial performance. The focus of this research is management accounting systems, business strategy and managerial performance. The research method used is descriptive verification. This research was conducted at Citradream Hotel Cirebon with a sample of 33 hotel employees. Data was collected using a questionnaire and analyzed using multiple regression. Based on the research results, it was found that there was a significant influence of business strategy and management accounting systems on managerial performance at Citradream Hotel Cirebon, either partially or simultaneously. The contribution made by business strategy and management accounting systems to managerial performance at Citradream Hotel Cirebon is 61.7%. The conclusion from this study is that the management accounting system and business strategy affect managerial performance.

A hierarchized green supply chain with customer selection, routing, and nearshoring

The COVID-19 pandemic forced upon the world, severe social distancing restrictions, which led to prolonged confinement across populations. The latter directly impacted actors along the supply chain in a variety of industrial sectors (for instance, raw material suppliers, manufacturers, distributors, and customers, among others). Some actors involved had to cease participation altogether due to closures. As a result, the supply chain requires restructuring and its reactivation requires careful consideration. In addition to the pandemic, poor air quality has brought about an environmental crisis in recent years. Primary polluters include greenhouse gas (GHG) emissions caused by manufacturers and distributors. Therefore, this research studies the problem of restructuring a particular multicommodity and hierarchized supply chain. Specifically for companies dealing with situations derived from a reduction in manufacturing capacity and service level in light of the pandemic. In this case, a company (leader) is faced with selecting customers that it will service in pursuit of maximizing profit, all while looking to minimize GHG emissions. The consolidated demand is nearshored once the leader company decides on the customers to be supplied. That is, an order is placed on a company with a lower hierarchy (follower). The follower, in turn, aims to minimize its own manufacturing costs without exceeding the pollution limits imposed by the government. However, its manufacturing plan inevitably pollutes and incurs different costs. In addition, the follower’s decisions impact both leader’s objective functions. We propose a bi-objective bi-level programming model to study this situation. To solve the problem in reasonable computational time, a heuristic algorithm that takes into account existing asynchrony between leader and follower companies is proposed to approximate the Pareto front. Computational experimentation reveals that the proposed algorithm provides good trade-off solutions, which can reduce GHG emissions by 67% on average without significantly affecting company revenue. Moreover, the algorithm is able to provide solutions for instances of up to 1000 nodes in a competitive computational timeframe. In addition, we discuss the advantages of computing GHG emissions proposed herein. Finally, useful managerial insights are discussed by performing a sensitivity analysis regarding the distribution company’s minimum acceptable level of profit.

Organizational Communication Management at PT. Paramount Enterprise International in Efforts to Increase Product Sales

Communication has grown widely and has entered all aspects as well as levels ranging from interpersonal communication to organizational communication. Communication management carried out by the leadership of PT. Paramount Enterprise International is basically an important point in today's market competition. It is known that during the Covid-19 Pandemic the sales level of PT. Paramount Enterprise International demonstrates stability. This shows that communication is going well between the implementing human resources both between leaders and subordinates, related divisions, and between staff. All parties in the company can understand the message from the company's leaders well, so that the company's goals expected by the company's leaders can be achieved. This type of research is descriptive with a qualitative approach, with data collection methods used namely through interviews and direct observation. Data collection techniques are carried out through data reduction, data presentation and drawing conclusions.The results of this study indicate that organizational communication management is very effective in providing appropriate information to all levels within the company. So that the purpose of PT. Paramount Enterprise International to increase sales can be understood by all members of the company, from the leader down to the grassroots. Organizational communication is carried out very directed and centered on one direction, namely the company leader. Through communication networks and organizational communication channels, it helps the overall dissemination of information.

ANALISIS MODEL EMPOWERING LEADERSHIP DALAM OPTIMALISASI DI ERA NEW NORMAL PADA ENVY RESTAURANT

The business sector at this time has severe challenges, due to the lack of income earned which gives a threat to the sustainability of a business. At this time the company leader is expected to be able to apply the right leadership and is expected to be able to encourage employees to contribute more. The purpose of this study is to examine the Empowering Leadership model in optimization in the New normal Era in one of the business fields engaged in the sale of food and beverage products, namely Envy Restaurant. This study uses qualitative and quantitative types of data, using data collection techniques through interviews, observations, and documentation. The informants in this study were 6 people chosen using purposive sampling techniques. The results of this study found that leaders at Envy Restaurant implemented empowerment to employees in the form of support that was seen from certain aspects such as employee motivation, trust and self-efficacy

Creative Company Culture in Improving Company Performance in Textile Industry at Bandung District West Java, Indonesia

The research is aimed at investigating the company performance influenced by creative company culture. The research is conducted based on the phenomenon of the company performance which is considered not optimal in achieving the target. One of the factors that influence it is the organizational culture who are suspected of not having a strength value in managing organizational members. Therefore, organizational culture is indeed important to be researched and developed so that it has strong values. The research method utilizes a quantitative approach where the population is all employees of two textile companies in the Bandung Regency area of west Java, totaling 125 employees. To determine the sample, Slovin formula is used with an error limit of 0.05 wich results in a sample of 95 employees. Data retrieval was carried out by distributing 125 research instruments to respondent from the two companies through each company leader given a week of time but after a week of running time, it turned out that 80 respondents only returned in a state filled with data (valid), was then processed using SPSS software version 23. The data analysis technique use simple linear regression analysis. Using linear regression analysis for determine how many big connections culture company creative to performance company. Research results shows that Creative Company Culture reflected by managing change, achieving goals, teamwork, customer orientation, cultural strength in proven able increase of performance company which is reflected by the indicators of quantity, quality and time efficiency.

Determinants of Profitability in Pharmaceutical and Health Sector Companies in Indonesia Stock Exchange

The company's management plays an important role in maintaining the sustainability of the company's operations and also in the company's overall assessment. Having reliable management is important, but a company leader also requires an analysis of financial ratios. The capital market is now increasingly in demand by the public. Not only as a source of funding for companies, is the capital market now a means for investors to invest. The average profitability as an instrument for investors to invest in fluctuating pharmaceutical companies tends to decline. This allows investors to experience risk. For that investors need to know what the factors that can affect profitability are. This study aims to analyze the effect of financial ratios on the profitability of pharmaceutical companies listed on the Indonesia Stock Exchange. The financial ratios used are the company's profitability ratios, returns on assets, Debt to Equity Ratio. Data collected by documentation study through www.idx.co.idthen analyzed by multiple linear regression with the help of software SPSS V.21, The results show that there is a positive and insignificant relationship between total asset turnover and Return on Assets, there is a positive and significant relationship between the current ratio and the Return on Assets in pharmaceutical and health companies, and there is a negative and insignificant relationship between the debt to equity ratio. Based on the results of the study, suggestions that can be given to the pharmaceutical sub-sector companies are to increase the use of the company's current assets such as maintaining cash flow, managing inventory and controlling accounts receivable. And can increase the use of corporate debt to increase the company's assets which are expected to increase company profits.

Recruitment Capabilities and Attractive Compensation in Supporting of the Employee Retention Paradigm

Generally, employees who have high skills always accept offers from other companies or what we call "high caliber" or "potential" employees. These employees often go in and out of the company, which causes problems for every company. The purpose of this research is to determine the relationship between recruitment, compensation, and employee retention and to determine the most dominant indicators of the three variables mentioned above. The research uses a qualitative approach with a phenomenological approach. The sample is taken from 3 informants, where the average status is as a company leader. nvivo as a tool in analyzing the paradigm or employee retention model. There are four analyses carried out where, in the cluster analysis, it is found that there is a moderate relationship between recruitment, compensation, and employee retention. On the recruitment map for recruitment analysis, the most dominant indicators are competency-based recruitment and online recruitment. For compensation analysis, the most dominant indicators are salary and bonus. The last analysis map for employee retention shows the most dominant career path. It is these dominant indicators that are expected to help with the problem of employee retention in the company.

Social network analysis to understand the dynamics of global supply chains

PurposeThe aim of this study is to increase the understanding of collaborative relationships and assess according to the project size, the influence of the contributory factors in shaping collaboration network structure in projects developed in global supply chains (GSC).Design/methodology/approachThe paper used a case study methodology applied to eight global projects developed by an Austrian company leader in global market intra-logistics solutions and warehouse automation. The cases were studied by two approaches in network analysis. First, visual and descriptive analysis to describe structural aspects of the network. Second, stochastic network analysis to evaluate the influence of contributory factors in the structure of the collaboration network.FindingsThe results evidence that independently of the project size and project manager influence, project team roles (PTR) who have a reciprocal communication among other PTR tend to have a higher collaboration intensity (CI). Additionally, the results highlight the influence of the project manager in shaping the collaboration network in standard projects (STP) and small projects (SMP). According to the project size, the results show that the PTR that form complete triangles or cluster or who communicate frequently among each other tend to have a high CI, being more evident these tendencies in large-scale projects than STP and SMP.Originality/valueThis research provides a framework to identify the key actors and contributory factors in shaping collaborative relationships in GSC. The findings could be used to support the decision-making process and formulation strategies for effective collaborative relationship management in GSC.

Coordination of Prefabricated Construction Supply Chain under Cap-and-Trade Policy Considering Consumer Environmental Awareness

The construction industry accounts for over one third of excessive CO2 volume, so it is essential that this amount be curbed. Prefabricated construction has superior strengths in terms of both the environment and economy, but low carbon is not one such strength. Meanwhile, the increasing number of consumers with environmental awareness makes it necessary to investigate consumer preferences and behaviors. Therefore, we firstly built a prefabricated construction supply chain consisting of a prefabricated company (leader) and a manufacturer, using the Stackelberg model. To regulate and mitigate carbon emissions, this study investigated the implementation of a cap-and-trade policy. Consumer environmental consciousness was considered from preferences on improving the prefabricated rate and carbon reduction. This study provides decision-making suggestions, not only from a pricing point of view but also for green production, i.e., the prefabricated rate and carbon reduction. We find that consumer environmental consciousness and the cap-and-trade policy improve decision making. To effectively limit the manufacturer’s emissions, we suggest governments set a cap below a certain threshold. However, under the policy, the prefabricated company has free-rider behaviors and gains greater profits as the leader, which results in an unfair profit distribution. Hence, for the sake of optimizing the supply chain’s profits, the cost-sharing contract and the two-part tariff were discussed. Both contracts achieved Pareto improvement, while the two-part tariff contract realizes coordination and reaches the desired level under a centralized system. Numerical analysis also verified the theoretical feasibility.

Key Characteristics of Successful Biotechnology Company Leaders

This study combines literature review with personal experience from individuals within the industry. We are going to discuss the key characteristics of successful biotechnology company leaders. Continuous learning and adaption are the key characteristics of a successful biopharmaceutical company leader. In addition, the leaders should be able to consistently communicate his or her vision to all levels of the organization, be a strategic decision maker, and be flexible so that their vision can adjust to the culture and environment. Moreover, effective communication and the ability to build a communication friendly organization are also critical. Successful biopharmaceutical company leaders do not underestimate cultural differences between different departments and individuals within the company, but rather they should facilitate the communication between those groups. This results in diversity of thinking that improves strategic decision-making and creates effective cooperation within the organization.

PENGARUH GAYA KEPEMIMPINAN TERHADAP SEMANGAT KERJA KARYAWAN PADA KOPERASI PT. PELAYARAN TONASA LINES KABUPATEN PANGKEP

PT. Pelayaran Tonasa Lines in Pangkep Regency is a company engaged in commercial and industrial equipment which is required to compete with other companies in the same field. Therefore, it needs a leader who can encourage its employees. This research aims to determine the effect of autocratic leadership style, participatory leadership style, and delegation leadership style on employee morale at the Cooperative PT. Pelayaran Tonasa Lines in Pangkep Regency. It was expected to find an appropriate leadership style for the cooperative PT. Pelayaran Tonasa Lines in Pangkep Regency. The impacts of each company's operational activities will automatically affect the environment and the community around the company running its business. One of the operational activities in the company is the production data analysis method used is multiple regression analysis. The research object was all employees of the cooperative PT. Pelayaran Tonasa Lines in Pangkep Regency that consisted of 49 people. The results showed autocratic leadership style had a negative and insignificant effect on employee morale, while the participatory leadership style and the delegation leadership style had a positive and significant impact on employee morale at the cooperative PT. Pelayaran Tonasa Lines in Pangkep Regency. The company's leader must establish appropriate intense communication among all employees so that problems and organizational development can be overcome jointly.