Maintain Business Continuity Research Articles

LITERASI KEUANGAN BAGI KUBE (KELOMPOK USAHA BERSAMA) GANTARI JAYA DI KOTA DENPASAR

This community service aims to provide financial management knowledge to business actors who are members of the Ganatri Jaya Joint Business Group (KUBE) which is facilitated by Graha Nawasena Rumah Harapan Disabled Denpasar City. The separation of personal finances and business finances is still widely mixed in their use and recording. In fact, separating personal finances from business as a form of financial management is very important to support business continuity. Financial literacy is a very important thing to provide to business actors so that they can manage their business finances well. Financial management is the key to someone's success in running their business. Remembering the importance of recording and managing finances to distinguish business assets from personal assets. The result of this service activity is that business actors become more aware of financial management in increasing income and maintaining business continuity

الاستراتيجيات الفعالة لإدارة المخاطر والتخفيف منها في مجال أمن الشركات في المملكة العربية السعودية

This study addresses risk management and the enhancement of cybersecurity in Saudi companies, a critical issue in the face of rapid digital transformation. The research aims to analyze the risk management strategies employed by Saudi companies and how these strategies enhance cybersecurity to protect vital data and assets. A multi-faceted research methodology was utilized, incorporating descriptive analysis to evaluate the current risk management situation, quantitative methods through surveys and questionnaires, and qualitative interviews with cybersecurity experts. The study focused on identifying the major risks faced by Saudi companies, whether technological, financial, or organizational, and the tools and technologies used to mitigate these risks. The results highlighted the effectiveness of preventive measures such as the use of security monitoring systems, encryption, and continuous employee training. The study also explored the challenges companies face in implementing cybersecurity strategies, particularly given the evolving nature of cyber threats. The study concluded that Saudi companies need to adopt integrated risk management strategies, which include raising employee awareness, collaborating with governmental and private entities, and utilizing artificial intelligence technologies to address future threats. The study also recommended continuous improvement and updating of cybersecurity policies to ensure the protection of digital assets and maintain business continuity in the face of cyber crises.

Supply chain risk assessment using best worst method: a case study of agro-industry skipjack tuna in Ambon - Indonesia

One of the main issues in the agro-industry supply chain is identifying and ranking different risk factors to maintain business continuity. This study discusses the agro-food supply chain risk assessment for smoked skipjack tuna in Ambon. Related literature and expert interviews identify risk factors that arise along the supply chain. These risk factors are contained in internal risk, company external operational risk, and macro-level risk. This research aims to evaluate comprehensively the risk factors of the smoked skipjack agro-industry supply chain, which are a priority to be addressed. The decision-making framework uses the BWM (Best Worst Method) to determine each risk factor's relative weight, followed by a sensitivity analysis to determine how robust the outcome is. Experts pick the risk factor assessment, and then an optimization model is modelled to obtain the weight of each risk factor, which is calculated with the help of Lingo software. The findings show that three risk factors will be prioritized to be addressed out of the eleven risk factors assessed, namely "Quality of the final product," "Financial instability," and "degradation of fish populations." Sensitivity analysis was also carried out to see the overall robustness of the results achieved. The weight of the selected risk factor ("final product quality (R1c)") has its weight value changed from 0.1 to 0.9 with an increase of 0.1. These findings are expected to help smoked skipjack tuna agro-industry managers make decisions to reduce supply chain risks and better administration management to maintain the sustainability of their business processes.

MANAJEMEN ASET DIGITAL DALAM MENDUKUNG KEBERLANJUTAN KONTEN DI LIBRARY NET TV

Digital asset management (DAM) has become a very important part of the media industry, especially in television stations. The use of Digital asset management (DAM) on NET TV is not just a technological innovation, there is an urgency to maintain business continuity and media content. NET TV understands that it is not only important to create high-quality content, but it is also essential to maintain and utilize it efficiently in the long term. With the implementation of DAM, NET TV can optimize the management of its digital assets, ensuring content can be accessed, managed and reused effectively. The aim of this research is to find out and analyze digital asset management in supporting the sustainability of content carried out by Library NET TV. This research uses a qualitative method with a case study approach. The techniques used in collecting data are interviews and observations, with methodspurposive sampling as a determinant of informants. The results of this research analysis show that creation is divided into in-house and out-house. Asset management includes ingest, editing, QC, and indexing and metadata stages with Dublin Core standards. The long-term archiving process uses LTO. Distribution is carried out according to the NET Corner SOP, as well as asset reuse using INVENIO software with metadata search. Content sustainability involves an iterative cycle from creation to reuse of digital assets.

Surviving the Storm: The Vital Role of Entrepreneurs’ Network Ties and Recovering Capabilities in Supporting the Intention to Sustain Micro and Small Enterprises

Micro and small enterprises (MSMEs) play a positive and significant role in developing economies by creating job opportunities and mitigating poverty; this necessitates their attention and focus, mainly during challenging times. Accordingly, this study explored the key factors contributing to enhancing entrepreneurial competency (EC) and the intention to maintain business continuity among MSMEs in Yemen during adverse times. A sample of 280 responses was collected from MSMEs operating diverse types of businesses in the capital of Yemen, Sanaa. The collected data were analysed using partial least squares–structural equation modelling (PLS-SEM), which is considered suitable for this purpose. The data collection process included an online questionnaire and a physical visit to the business locations of the business owners. The findings of the study reported that entrepreneurs’ network ties (ENT), as well as recovering capability (RC), positively and significantly influence the EC of MSMEs in the context of the study. Additionally, EC positively and significantly influences business continuity intention (BCI). Finally, EC partially mediates the relationship between ENT, RC, and BCI. The study concludes by providing recommendations and implications for policymakers.

ANALISIS IMPLEMENTASI KEUANGAN BERKELANJUTAN TERHADAP PROFITABILITAS BANK

In practice, banks must maintain business continuity by paying attention to their profitability. However, in response to global issues related to sustainable development goals, banks are also obliged to direct their business towards sustainability by implementing sustainable finance. This study aims to further analyze how the implementation of sustainable finance, particularly sustainable lending and the realization of Environmental Social Responsibility (CSR) funds, can affect bank profitability. Economic sustainability theory emphasizes the importance of balance between economic, social, and environmental aspects. This study uses the panel data regression analysis method. The implementation of sustainable finance proxied by sustainable credit has a significant positive effect on bank profitability, while the realization of CSR funds has a significant negative effect on bank profitability. This research is expected to provide a more comprehensive insight into how banks can balance social responsibility and environmental sustainability with the need to maintain healthy profitability.

Pemahaman dan Kepedulian dalam Penerapan Green Accounting pada UMKM Tempe di Kabupaten Sikka

This research aims to determine understanding and concern in implementing green accounting in Tempe MSMEs in Sikka Regency. This research uses a qualitative descriptive method. The data collection techniques used were interviews and documentation. The data analysis technique, namely descriptive analysis, begins with the data reduction stage, data presentation and conclusion drawing or verification. The research results show that tempe MSMEs in Sikka Regency, consisting of the Super Jaya tempe factory, Sidu Moro tempe factory, Bintang Jaya tempe factory, Putra Fajar tempe factory, have an understanding and concern for the environmental impact of the business activities they carry out. A manifestation of the understanding of tempeh MSMEs in Sikka Regency regarding the environment is by charging environmental costs in the tempeh production process. The environmental costs charged include the costs of storage tanks, filters, labs, plastic, banana leaves and waste. However, tempe MSMEs do not yet have sufficient understanding to apply the green accounting concept as a whole to the presentation of financial reports. The manifestation of concern for tempeh MSMEs in Sikka Regency is through maintaining business continuity, business raw materials, business waste, organic and non-organic waste, environmentally friendly equipment, understanding environmental costs and being directly assisted by the Health Service and the Sikka Regency Environmental Service.

Electronic health record downtime responses : One health system’s process for ongoing readiness

Since the implementation of the HITECH Act 2009, the integration of the electronic health record (EHR) with other technology platforms has increased the complexity and necessity of technology downtimes, and the continuity of patient care has become increasingly dependent on an intact EHR. To maintain business continuity and safe patient care during planned or unplanned EHR downtime, it is imperative that organisations have solid downtime and disaster recovery plans. Successful downtime planning will include documenting, with annual reviews, the process for patient care during downtime, as well as an exercise programme that touches all aspects of the downtime process. This paper discusses the experience of a healthcare system based in the US Midwest, which has chosen to exercise part of that process on a quarterly basis, prior to scheduled EHR upgrades. Over the past year of exercises, this healthcare system has collected various data elements in order to identify the education needed and the fine-tuning of the exercise design required to ensure staff competency and patient safety during EHR downtime. The paper describes the process, outcome and the steps the organisation is taking to improve the outcomes of future EHR downtimes.

Antecedents of Financial Behavior of MSME

Micro, Small, and Medium Enterprises (MSMEs) have an important role in economic growth and development in Indonesia. MSMEs are an integral part of the national business world and have a strategic position, potential, and role in realizing national development goals. The way to achieve the goals above, it is necessary to have MSMEs that can survive in various conditions. Good management is needed in managing these MSMEs, one of which is the financial behavior of MSMEs because financial behavior is an individual's perception of controlling sources of funds (money). This research aims to analyze the role of financial factors that can influence the financial behavior of MSMEs. This research uses a quantitative method with a structural equation model. So, MSMEs need to have good financial behavior to maintain business continuity. The financial factors used in this research are Financial Literacy, Financial Attitude, Locus of Control, and Financial knowledge. The research results show that all the variables used have an impact on the financial behavior of MSMEs in Gresik.

Development Strategy for Arabic Coffee Processing Business in Kreasi Kopi Medan

Various strategies and innovations are implemented as steps to achieve the desired profits and goals. However, it is also necessary to maintain business continuity for a long time and expand the business so that the wheels of the business continue to run smoothly. This research aims to analyse internal and external company factors that influence the development of Arabica coffee processing businesses in the research area, to analyse development strategies and alternative strategies for developing Arabica coffee processing businesses. The data analysis method was carried out using descriptive qualitative and using a SWOT analysis diagram. The results of this research are internal factors of strength, namely: initial business capital, attractive business name, place design, affordable prices, quality raw materials, varied menu variants, taste of coffee drinks and payment methods. Internal factors of weakness are: less strategic business location, limited workforce, service, product visuals, parking facilities and product variants that are not durable. External factors of opportunity are: consumer image, use of technology, consumers buying consistently, changes in consumer tastes, consumers buying online, adding menu variants and social media as promotion. External threat factors are: similar competitors, similar products, the existence of substitute drinks, fluctuations in raw material prices and declining consumer interest. Based on the SWOT analysis diagram, it is known that the company's position is in quadrant 1, supporting an aggressive strategy.

Peningkatan Kualitas Laporan Keuangan UMKM Toko Sembako Dan Laundry Care

In order to maintain business continuity and growth, Micro, Small and Medium Enterprises (MSMEs) need assistance in preparing financial reports. The importance of assistance in preparing financial reports for Micro, Small and Medium Enterprises (MSMEs), especially for Toko Laras Barokah and Laundry Care is included in this activity. Accurate and timely financial reports are very important for MSMEs to run and develop their companies. This research uses a qualitative methodology by providing direct support to the two MSMEs in preparing their financial reports. The aim of this coaching activity is to perfect the accounting procedures of MSME owners and increase their awareness of the importance of financial reports. The findings of this research show how good mentoring can improve the quality of MSME financial reports, which will facilitate better business decision making and increase access to funding and other resources.

Analysis of Sustainability Performance and it’s Impact on the Firm Value of LQ-45 Low Carbon Leaders Indexed Companies with Profitability as a Moderating Variable

The shift in awareness of the importance of business sustainability requires companies not only to maintain business continuity but also to play a role in sustainable development. A Sustainability Report is a disclosure document provided by a regarding its performance in economic, environmental, and social aspects of its operations. The purpose of this research is to determine whether the GRI topic standards disclosed by companies affect the firm value, moderated by profitability. This study examines the impact of economic disclosure, environmental disclosure, and social disclosure on firm value, with profitability as a moderating variable. The research was conducted on LQ-45 Low Carbon Leaders index companies during the period from 2020 to 2022. The study was conducted by performing a content analysis of sustainability reports and subsequently conducting a regression test using EViews version 12. The results of the study indicate that 1) economic disclosure has a significant impact on firm value, 2) environmental disclosure does not have a significant impact on firm value, 3) social disclosure does not have an impact on firm value, and 4) profitability only moderates the impact of environmental disclosure on firm value.

Islamization of The Concept of Religiosity in Business People

This research was motivated by increasing attention to the issue of religious religiosity and ethics in business practices, where the application of religious values is essential to maintain business continuity. This study aims to explore the concept of religiosity from an Islamic perspective by looking at secular elements in Glock and Stark's religiosity and Islamizing the concept to offer a new perspective on Islamic business ethics. Using the literature study method, this study explores the concept of religiosity from a Western perspective, represented by Glock and Stark's theory, and the integration of Islamic elements into pre-existing dimensions. The results show that religiosity in the context of Islam does not only include religious aspects but also involves the application of Islamic values in everyday life. This includes faith, worship, morals, experience, and knowledge. Nevertheless, these adaptations still do not fully reflect the overall characteristics of Islam. This research offers new insights into how religiosity can be applied in business practices from an Islamic perspective.

Employee Attrition Prediction in the USA: A Machine Learning Approach for HR Analytics and Talent Retention Strategies

In the dynamic business domain in the USA, human capital is one of the most instrumental assets for companies. Maintaining high performance and reducing employee attrition has become an utmost priority in the USA since the costs related to employee attrition can be significant. The chief objective of this study was to explore the application of machine learning in terms of forecasting employee attrition and its ramifications for HR analytics and talent retention strategies. In this study, the investigator used Jupyter Notebook, an interactive platform for Python users, to design machine learning algorithms. The dataset utilized in this research was attained from the IBM Human Resource workforce attrition survey dataset. In the current research, the investigator proposed an array of machine learning models, most notably, Decision Tree, Ada-boost classifier, Random Forest, and gradient-boosted classifier. By referring to the model’s performance evaluation, it was apparent that the Random Forest algorithm had the highest accuracy, followed by Gradient Boosting and Decision Tree respectively. AdaBoost had the lowest accuracy. Concerning precision, the Random Forest algorithm again had the highest precision followed by Gradient Boosting and AdaBoost accordingly. By implementing the proposed models’ organizations in the USA can identify high-performing employees at risk of quitting, and subsequently take proactive steps to retain them, saving significant organizational resources. Ultimately, the proposed machine learning techniques can assist the government in maintaining high-performing employees, reducing the impact of labor shortages, and maintaining business continuity.

Restorative Justice in Corporate Dispute Resolution as Business Actor in Indonesia

Indonesian limited liability company (Perseroan Terbatas or "PT") is a preferable entity selected by business actors in conducting activities. In this context, the characteristics of PT grant persona standi in judicio, as a legal subject capable of initiating and defending lawsuits in civil and criminal courts under Law No. 40 of 2007. Therefore, this article aimed to discuss the implementation of corporate accountability in the context of PT, and the potential for restorative justice in resolving disputes, relying on secondary sources such as theories, norms, and legal principles. The results show that 1) the application of restorative justice is consistent with the corporate entity's existence to maintain business continuity while upholding accountability as a legal subject, 2) Restorative Justice, centered on fundamental elements of encounter, repair, and transform, represents an effort towards the well-being and integrity of victims, perpetrators, and society. The method enhances legal certainty and protection for parties in PT-related business activities.

Mendorong Motivasi Wirausaha UMKM untuk Memajukan Ekonomi Masyarakat di Kelurahan Joglo Kota Jakarta Barat

Micro, Small, and Medium Enterprises (MSMEs) are business entities managed by individuals, families, or small-scale business units, classified based on annual turnover, asset volume, and workforce. Effective human resource management is essential for MSMEs in systematically organizing finances, enabling business owners to understand their financial conditions and business developments. Easy access to information on assets, liabilities, equity, cash flow, and profit fluctuations provides crucial support for MSME entrepreneurs in making strategic business decisions. This activity not only motivates entrepreneurs to maintain business continuity but also guides them towards achieving desired business and economic goals. The drive to engage in entrepreneurship stems from a strong individual desire to realize self-potential through creative and innovative thinking, creating new products that have a social and economic impact on the local community. The courage to explore and implement new ideas is reinforced by strong entrepreneurial motivation, creating a positive cycle between motivation and action that strengthens the character of resilient and high-quality entrepreneurs.

Implementation of Competitive Adaptation and Resilience Strategies Post Covid-19 Pandemic in Halal Food SMEs

SME industry saves the nation's economy, 10.79 million people (7.71 percent) of the Indonesian population work in providing accommodation and food. Knowing the survival ability of industry players on a mike scale is very important. This study used a mixed method, with descriptive analysis to determine the survival ability of the "Pempek Bicik Nina", Palembang, company post-pandemic. Using the SWOT analysis, and internal-external weighting, the Four Step Strategy determines the most appropriate strategy, to be able to overcome challenges by taking advantage of all possible opportunities. Results showed that several weaknesses must be immediately corrected to optimize revenue potential, in the form of more extensive digital marketing, and innovation in product variants, including embracing more public figures as catalysts to leverage. Innovation in product variants is also needed to maintain the attractiveness so that it can continue to attract old customers, as well as attract the interest of new consumers. The cost leadership strategy was maintained. The ability to control costs, and operational efficiency, is very important to maintain profitability and competitiveness. By adapting to all digital world business developments and its product innovation, "PBN", can maintain business continuity. In particular, by combining digital marketing strategies, product innovation, embracing more public figures, and cost leadership strategies, halal SMEs "PBN" can continue to develop and succeed in the halal SME culinary market.

POLA PENDIDIKAN EKONOMI PADA KELUARGA PENGRAJIN ROTAN DEMI MEMPERTAHANKAN KEBERLANJUTAN USAHA DI DESA KARANG ASEM KECAMATAN PLUMBON KABUPATEN CIREBON

True education is an absolute necessity for every human being who is carried out consciously to form self-potential. This study aims at patterns of economic education in rattan craftsman families in order to maintain business continuity. This research uses descriptive qualitative method. Informants in this study were families of rattan craftsmen in Karang Asem Village, Plumbon District, Brebes Regency. Data collection techniques in this study are observation, interviews and documentation. The results of this study are (1) The profile of the family of rattan craftsmen in maintaining the sustainability of this business there are two families, namely the two sons rattan home industry and the Nayafa rattan home industry, the business of the two families is growing more and more demand from factories and from consumers outside the city, (2 ) The pattern of economic education in rattan craftsman families in maintaining business continuity in Karang Asem Village, Plumbon District, Cirebon Regency 2 can be obtained three supporting patterns, namely: habituation, advice and training for independence, (3) Factors that influence patterns of economic education in rattan craftsman families In maintaining business continuity in Karang Asem Village, Plumbon District, Cirebon Regency, there are three factors, namely: discipline, honesty and obedience to the rules.

Bankruptcy according to the bankruptcy law and postponement of payment perspective of creditor legal protection

The development of the business world is strongly influenced by the business world as one of the economic actors, including the banking business. The business world is also very dependent on the conduciveness of the business climate that supports it. If the business climate conditions are not conducive, it will affect the stability of the business world, and can even cause business actors to suffer losses, which results in the capability and credibility of business actors in carrying out their business activities being disrupted, and can even result in bankruptcy. To maintain the smooth running of their business, business actors must obtain guaranteed protection through legal instruments established by the government. Legal protection given to banks as creditors is needed in maintaining business continuity. This legal protection is very important, considering that banking is an economic joint that supports the most vital national economy. Filing for bankruptcy which requires a minimum of 2 (two) creditors for a bankrupt debtor using the Postponement of Debt Payment Obligation mechanism based on the bankruptcy law and PKPU does not provide a guarantee of sufficient legal protection for creditors.

Penerapan Cost Leadership PT Angkasa Pura I dalam Mengurangi Dampak Covid-19 (Saat Pandemi dan Pasca Pandemi Covid-19)

Companies had huge challenges when the Covid-19 pandemic hit the world, including airport management companies. To maintain the company's existence amidst many limitations, PT Angkasa Pura I is considering several alternative strategies that it feels are appropriate. This research aims to investigate the condition of companies during the pandemic and the implementation of appropriate cost strategies to maintain business continuity. By using a qualitative approach and case study approach, this research produced several important findings. First, the company focuses on cost efficiency by optimizing the use of technology. Second, the company succeeded in reducing operating expenses in 2020 until 2022. Third, even though costs can be reduced, service to customers can still be maintained well.