Separate Business Units Research Articles

Strategi Pengembangan Bank Pakan Sapi Dengan Pendekatan Model Bisnis Kanvas

The purpose of this study was to describe and improve the business model of Sepakat feed bank group, Tanggat Village, Monta District, Bima Regency. Data collection procedures through in-depth interviews and focus group discussion. Data analysis using business model canvas approach and SWOT analysis to produce a business model prototype. The results of this study show elements that must be improved in the initial mapping of the business model are value proposition, channel, key activities, key resources, key partner and revenue stream. The SWOT analysis illustrates that the strengths possessed are well-mapped customers and abundant raw materials. The weaknesses are low quality of human resources to maintenance feed process equipment, limited land, lack of superior forage varieties, product distribution channels are not varied and limited business capital. Opportunities that can be exploited are the development of new feed product, utilization of information technology and government support. The threats they face are dependence on one feed product and the climate. Improvement strategies carried out include creating new products (value proposition), utilizing various facilities for selling product such as social media and BUMDes (channels), establishing separate business units to manage feed banks (key activities), making superior forage by utilizing Bima Regency government land (key resources), cooperate with financial institutions (key partners) and add variety of feed product as main source of income (revenue stream).

Legal Nature of Separate Business Units of Organizations

Applying the retrospective analysis the author establishes the source and time of occurrence of the terminological group "branch, representative office and other separate business unit of the organization" in the legal regulation of labor relations. The emergence of such an entity as a separate business unit in the sphere of labor is associated with a change in priorities in the organization of the activities of legal entities. Historical background and theory of organization leads to the conclusion that the need of a legal entity to expand opportunities for external interaction, including due to a change in the geography of activity, can be satisfied through the creation of special units. Special units are separate units of the organization and differ from remote divisions and workplaces in their purpose. The author formulates material and formal signs of special units. The author proposes to consider the terminological group used in the labor sphere as a method of generalizing single-order formations. It is proved that the application of the generalization technique does not create a new concept in the labor sphere but requires the establishment of clearer boundaries.

Clariant to buy BASF mining unit

The Swiss specialty chemical maker Clariant is buying BASF’s US attapulgite business for $60 million. The business, which operates a mine in Quincy, Florida, had 2020 sales of $36 million and employs 75 workers. Attapulgite is a magnesium-aluminum silicate clay used in adsorbents, paints, and catalysts. BASF got the unit in its 2006 purchase of Engelhard for $5.6 billion. BASF is in the process of divesting its kaolin clay business, also acquired in that deal, and recently announced plans to carve out the former Engelhard auto catalyst operation into a separate business unit

The Development of Information System with Strategic Planning for Integrated System in the Indonesian Pharmaceutical Company

Abstract This research aims to develop an integrated information system for pharmaceutical companies in Indonesia, which has separate business units in two different locations. An Integrated System is needed to provide the value of competence in the technology and information systems that companies use in their business processes. The development stage starts from the assessment and understanding of the current situation both in the business environment and the IS/IT environment. The business environment includes the internal business environment and external business environment.Similarly, the IS/IT environment which includes internal and external IS/IT environments. With a deep understanding of current conditions, it can be determined the Information System(IS) strategy, Information Technology(IT) strategy and future IS/IT strategies. This study reveals the following results: The absence of good system integration with the business units involved makes the company in a weak position. But in terms of opportunity is quite high so that the use of technology and information systems that fit business needs is recommended in this study. The results of this study recommends some applications that can solve problems commonly experienced by companies such as system integration and business process automation to achieve more efficient and effective business processes.

Repositioning the customer support services: the next frontier of competitive advantage

PurposeThis paper aims to analyze the present status of customer support services (CSS) and advocate the re-positioning of support services from an administrative cost center to a strategic profit center. Authors demonstrate how customer support or after sales services can be a source of competitive advantage and revenue generation for firms.Design/methodology/approachThe study adopts a conceptual approach grounded in theoretical foundations of service dominant logic, customer loyalty and customer centricity along with practical illustrations from the industry.FindingsFollowing the tenets of theory, review of existing research and analysis of the industry practices, the authors propose a new framework to enable the repositioning of customer service function. The key propositions include establishing customer support as separate business unit and insights center, introducing a new role of a C-level chief customer support officer to lead the customer support unit, adopting a customer-centric culture and process, enabling frontline IT support and investing in frontline employee skills development.Research limitations/implicationsAcademics should examine the potential of customer support, where the strategic importance is low at present, leading to customer dissatisfaction. The new approach and positioning of customer support calls for a new direction for research in this area focusing on enablers, challenges and further implications. To succeed in this competitive era, firms should be conscious of the value of customer service and undertake concrete actions to generate value for all stakeholders.Practical implicationsIndustry can use the new framework and re-position CSS of the organizations. The CSS unit can be different from other business units in the organizations. The CSS would evolve and emerge from the live customer insights. CSS unit can be managed by the C level chief CSS officer. Customer-centric culture would be developed and front line processes can be made customer-oriented by the officer. Thus, this paper and framework would provide new customer-centric directions to the organizations for effective functioning.Originality/valueThis is the original piece that has emerged from the experience and expertise of the authors.

Accounting strategic information space formation: communication aspect

The article substantiates the necessity of applying the concept of accounting strategic information space as a component of accounting scientific knowledge system. The subject of the study is the strategic management information support system. The purpose of the article is to substantiate the concept of accounting strategic information space, allocation and description of its main components based on the use of the provisions of communication theory. The methodological basis of the study was the communication theory and the concept of information space. The scientific results obtained in the article can be using to improve the theoretical foundations of accounting, as well as the practice of information support forming for the strategic management system at the enterprises. The views of researchers on the need to allocate accounting strategic information space are analyzed. The place of the accounting strategic information space in the accounting system in the context of understanding accounting as information and communication system has been determined. The definition of accounting strategic information space as a combination of various types of accounting information of a strategic direction, the sources of its occurrence, the places of its processing, storage, and transmission, which concern both the accounting and information system of a separate business unit, and individual elements of such a system, was proposed. Three main elements have been identified and substantiated as a part of accounting strategic information space: accounting strategic information resources; means of accounting strategic information infrastructure; means of accounting strategic information interaction. A deeper understanding of the requirements of the strategic management subjects to accounting and accounting information process forming has been suggested.

Technology for Ensuring Economic Security of an Enterprise

The measures are taken by the enterprise management in order to reduce the risks of damage, ensure the efficient use of available resources, and ensure its stable functioning are necessary conditions for the sustainable development of production. The purpose of the research is to assess the existing system of ensuring economic security of the enterprise (ESE) of mechanical engineering on the example of a separate business unit and determine directions to increase its effectiveness. The object of research is the business units of GAZ Group (PJSC “GAZ”), which are part of the management perimeter of the Automobile Components Division of GAZ Group. The subject of research is the system of economic security, and methods of controlling at the industrial enterprise. Research methods — method of comparisons and analogies, method of economic analysis. A practical significance of the work lies in the possibility of using the research results to improve controlling as a tool for effective management of industrial division development enterprise. These studies allow to draw conclusions about the efficiency of technologies used to ensure the economic security of the enterprise on the example of a separate business unit of GAZ Group.

LOGISTIC PRINCIPLES OF FORMATION OF ACCOUNTING INFORMATION SPACE FOR PROVISION OF STRATEGIC MANAGEMENT OF THE ENTERPRISE

The article is devoted to topical issues of formation of accounting and analytical support of the enterprise, which will streamline the process of obtaining, processing, accumulating, transmitting information to comprehensively support the decision-making process. The study analyzes the main approaches to enterprise management and proposes to use logistic principles to build accounting and analytical support, which will create a single information space of accounting and analytical support, which requires reorganization of information flows. The necessity of application of the concept of accounting strategic information space as a component of the system of accounting scientific knowledge is substantiated. The subject of the research is the system of information support of strategic management. The purpose of the article is to substantiate the concept of accounting strategic information space, selection and description of its main components based on the use of the provisions of communication theory. The methodological basis of the study was chosen communication theory and the concept of information space. The scientific results obtained in the article can be used to improve the theoretical foundations of accounting, as well as to improve the practice of forming information support system of strategic management in enterprises. Researchers' views on the need to allocate accounting strategic information space are analyzed. The place of accounting strategic information space in the accounting system in the context of understanding accounting as an information and communication system is determined. It is proposed to define the accounting strategic information space as a set of different types of accounting information of strategic direction, sources of its origin, places of its processing, storage and transmission, which concerns both the accounting and information system of a separate business unit and individual elements of such system. Three main elements (accounting strategic information resources; means of accounting strategic information infrastructure; means of accounting strategic information interaction) are singled out and substantiated as a part of the accounting strategic information space. The reasons for the emergence of distinctive features of the accounting strategic information space as an accounting theoretical construct are determined.

System Quality Management of the Industry Enterprise (on the Example of Separate Production)

Increase of production efficiency through generalization of design practices of integrated product quality management of the industry is a necessary condition for sustainable development of domestic production. The purpose of the study is to assess the existing system of quality management of the enterprise on the example of a separate business unit and identify directions to increase its effectiveness. Object of study — Production Association of Software (Polished Glass) JSC AGС “Borsky Glass Factory”. The subject of study is an integrated quality management system. Research methods — method of economic analysis, and method of expert assessments. A practical significance of the work lies in the possibility of using the results to control non-conforming products in the process of industrial production. These studies allow to draw conclusions about the effectiveness of the technology used for product quality management and production processes of the industry enterprise on the example of a separate production.

Efficiency Assessment of Modern Technologies in Technical Re-Equipment of Production

In conditions of competitive environment and technological progress requirements for rational organization of enterprise activity and its technological development are tightened.The purpose of the study is to analyze a production technology and determine directions for increasing production efficiency in terms of economic and environmental efficiency. Object of study — Production Association of Polished Glass JSC AGC “Borsky Glass Factory”. Subject of the study — workshop organization in the enterprise management system. Research methods — method of comparison and analogy, method of economic analysis. The practical significance lies in the possibility of using research results to improve organization of the enterprise and its production sites. These studies allow to draw conclusions about used technology of production on the example of a separate business unit, main technological parameters of processing raw materials, and output of products. Identified problems relate to the issues of economic efficiency of production of its environmental consequences, and directions of improvement are aimed at their solution.

МОДЕЛИ РИСК-МЕНЕДЖМЕНТА ПОТЕРЬ НА УРОВНЕ ОТДЕЛЬНОГО ПОДРАЗДЕЛЕНИЯ ПРОМЫШЛЕННОГО ПРЕДПРИЯТИЯ

Цель: в статье разрабатывается математический инструментарий риск-менеджмента, предназначенный для проведения количественного анализа риска потерь отдельного производственного подразделения. Обсуждение: концептуальную основу данного инструментария составляет предположение о существовании зависимости уровня риска от объема средств, выделяемых на проведение антирисковых мероприятий. В работе обосновывается использование для аппроксимации данной зависимости семейства дробно-линейных функций. Результаты: на базе построенного в работе аналитического представления данной зависимости получены выражения для количественной оценки стартового и финального уровней риска потерь производственного подразделения, а также разработаны модели оптимизации расходов на антирисковые мероприятия.

Division Of Innovative Labor And The Organization Of Corporate Science And Invention

We study how firms organize their research and development activities across business units and the tradeoff in partitioning R&D into “R” and “D.” Theoretically, combining research and development in a single unit enhances potential synergies between the two activities. On the other hand, separating them allows for greater specialization, better governance and more focused managerial attention. To analyze this tradeoff, we develop new systematic data on the research (publications) and development (patents) activities of business units in Europe, as well as their ability to utilize the science they produce in their inventions (patent citations to science). We document a tradeoff associated with the division of innovative labor inside large firms. On the one hand, dividing research and development into separate business units leads to higher quality scientific research, but this science is less useful for the inventive activities of the corporation.

Major Features, Benefits, and Prerequisites for Intelligent Enterprise Managing System

The modern conditions of high-tech and highly competitive markets require the evolution of the enterprise automation systems. Such new, the post-ERP systems should meet the conditions for the provision of customer self-service and other counterparts, the dramatic decrease of the manual labour through automation, robotic application, integration with other systems and external contracting systems, multi-channel marketing and distribution, reduction of supply chains and other current trends. These systems should be built on the new IEM Automation Paradigm (Intelligent Enterprise Managing) and therefore belong to the IEM system class. As stated in the IEM paradigm article, a modern approach to solving the task of automation is based on the application of "best" solutions for each separate entity or business unit. In practice, however, this approach has resulted in a series of significant problems. The scale of the problems is increasing with the growth in transactional load, competitive pressures on the market, requirements for accelerate optimization, and business processes changes.

Development of Rice Reprocessing to Strengthen Small Scale Rice Mills in Indramayu West Java

Small Rice Mill (SRM) has a very important role in rice production of strong institutional relationships to farmers and rice markets. Nevertheless, the rice produced in low quality and changing consumer preferences cause SRM to have difficulty in maintaining the role. Development of a reprocessing business - called Rice to Rice Processing Plant (R2RP) - as a separate business unit will support their role and existence. This study aimed at analyzing the feasibility of R2RP business that integrates SRM and market as an independent business unit and determines mutual partnership pattern. The study was conducted with special reference to West Java Province. The qualitative method used for non-financial aspects analysis includes raw material, market, technical-technological, management and regulation and partnership pattern. The financial aspect used the quantitative method of Net Present Value (NPV), Net Benefit Cost Ratio (Net B/C), Internal Rate of Return (IRR), Payback Period (PP) and Switching Value to check their sensitivity.The results showed R2R business is feasible for non-financially, technical-technological and financial aspects. Technology has evolved to produce various qualities (premium or medium) after the quality of raw materials (low quality or off-grade rice) using profit optimization. Value of the financial parameters was NPV of Rp 137 billion, Net B/C of 5.80, IRR of 84.27 percent and PP of 2.18 years at capacity of 19,800 tons/year with total investment of Rp 30 billion (Rp 13,500/USD). The switching value analysis showed that a decrease in product prices is sensitively influencing the financial feasibility. To strengthen cooperation that enhancing mutually beneficial relationship, R2R assists equipment investment in and buy raw material from SRM at a rational agreed price.

SITUATIONAL CONTROL AND REGULATION IN BUSINESS ADMINISTRATION OF BUSINESS PROCESSES AS FOR CORPORATIONS’ CAPACITY MANAGEMENT

Introduction. The course of processes of situational control and regulation in the business administration of business processes in corporations’ potential management has become the subject of the study. Purpose. The article aims to deepen the theoretical and methodological foundations of assessing the efficiency of business administration of an entrepreneurial corporatized business company in the context of optimizing its organizational and economic development. Results. The system of formalized quantitative assessments of organizational and managerial analysis of the enterprise has been formed. It allows, in a number of cases, to identify certain aspects of compliance with the desirable characteristics of the level of business administration of business processes in order to ensure the rational use of the potential of corporations. The methodical approach for optimizing the density and the radius of administration of business processes of the corporation in the context of rational use of its organizational and economic potential has been proposed. The need to consider certain corrective adjustments (coefficients) for the influence of a number of important factors has been specified. Among these factors, we can identify the following ones: the characteristic of the transport and logistics component of individual strategic business units of the corporation, their organizational and technical level of production, the quality of the impact of structural changes in the strategic potential of the corporation relative to each strategic business units etc. The research has been conducted on the basis of a conditional example of business process optimization of a corporation. The company has a head office and separate strategic business units in different cities of Ukraine, in terms of increasing the efficiency of using its production and economic, organizational and economic potential on the basis of improving the value of the weighted average radius and the density of administration. We have analysed the average weighted areas of corporation administration with respect to the coordinates of the real and optimal administration centre. Conclusions as for the necessity of introduction of measures aimed at reducing the distance between real and optimal administrative centres have been made. It will certainly help to increase the effectiveness of the impact of the level of administration on business processes of the corporation. The offered approach to optimize the density and the radius of administration of business processes of the corporation in the context of rational use of its organizational and economic potential will allow improving the efficiency of the processes of situational control and regulation in business administration of corporations in the conditions of constant dynamic transformations of market space.

Funkcije i zadaci programskog menadžmenta u medijskom preduzeću

The paper analyzes the position, functions and tasks of program management in media companies. Given the fact that programming media offer, as part of strategic planning, is the most important element in attracting and retaining audiences and advertisers, program management occupies one of the most important positions in modern media companies, both commercial and public. Depending on the size and organizational structure of media company, the program management constitutes a separate business unit, which, in addition to the program director, also employs a range of media experts responsible for selecting and evaluating quality of media content, researching needs and habits of media audiences, evaluating the broadcast contents, and continuous monitoring of the work of competing companies.

CATEGORY MANAGEMENT IN THE MANAGEMENT OF MINIMUM ASSORTMENT OF THE PHARMACEUTICAL ORGANIZATION

The main principle of the category management is the management of product category as a separate business unit. Category management directs the activities of the pharmaceutical organization to meet the consumer requirements and to provide customers with maximum benefits, which are expressed in the improved assortment, the attractive prices, the reduction of cases of lack of necessary goods, the simplified purchase process. In article the structure of the category management and its role in the minimum pharmaceutical assortment, a complex of the theoretical and practical issues affecting interrelation of the list of vital and essential medicines and the minimum range of medicines are considered. A number of the new elements supplementing the concept of category management is offered, and the corresponding generalizations are made. The objective of the research is to study the influence of category management on the structure in management of the minimum assortment of medicines of the pharmaceutical organization. Materials and methods. In the course of the solution of the set tasks, the methods of marketing and economic-mathematical analysis were used. Results and discussion. In the analysis of the assortment list of medicines for medical application, which is obligatory for the pharmaceutical enterprises of all forms of ownership, it was revealed that this assortment list is based on the List of Vital Essential and Necessary (VEN) Drugs. The results of the analysis of the obligatory assortment list from the position of internal category management showed that 77.45% are medicines of the list of VEN Drugs; 46.08% are medicines of non-prescription dispensing. Proceeding from this it follows that the worthy, profitable price policy can be conducted only with 22.55% of the list; to develop standards of merchandising with 46.05%. The category management gives an opportunity to the pharmaceutical organization to specify its competitive strategy and to plan actions for management of the range. Conclusion. Advantages of the application of the category management in management of the minimum range of medicines of the pharmaceutical organization consist in the increase in the effectiveness of measures to stimulate demand, competitive pricing, and efficient merchandising. One of the main functions of the category management is to enhance the effectiveness of the interaction between the distributor (the supplier, the manufacturer) and the pharmaceutical organization.

The economic security of power plants

Currently, power plants in Poland have to work in a very uncomfortable situation. Unstable market conditions and frequent changes in the law may have serious adverse consequences for their economic security. Power plants play a very important role in the economy. The effectiveness of their performance affects the activity of all other businesses. Therefore, it is very important to provide a definition of economic security for the power plants’ sector and the factors determining its level. Maintaining economic security will allow energy generation companies to grow in a sustainable way as well as limit operational risk. A precise definition can also be used to create analytical tools for economic security measurement and monitoring. Proper usage of such tools can help energy generation companies sustain their economic security and properly plan their capital expenditures. The article focuses on the definition of economic security in the “micro” context of a separate business unit (enterprise). We also present an analytical model that measures economic security of a company engaged in the production of energy - a company of strategic importance for the national economy. The model uses macroeconomic variables, variables describing prices of raw material and legal / political stability in the country, as well as selected financial indicators. The appliance of conclusions resulting from the model’s implementation will help provide economic security for companies generating energy.

A case analysis of managing “Maverick” innovation units

This case study illustrates the issues that arise when a separate “maverick” business unit focusing on developing a new and disruptive innovation is spun off from the parent company. Companies in the high technology manufacturing and development sector have to continually innovate in order to survive and grow in increasingly turbulent and competitive markets. It is common practice for the parent company to spin off separate business units that can incubate and capitalise on the development of new technological innovations in order to grow and create new markets. The case analysis underlines the problems that arise when ICT systems and operational processes are not strategically aligned and imposed by the parent company. It also demonstrates how innovative business units can harness their unique talents and apply them to solving operational problems. By developing a new bespoke system aligned with the maverick unit’s emergent processes, the maverick business unit was pulled back from the brink of disaster to a successful and profitable business unit.

Hexagon Composites new unit for hydrogen business development

Norwegian-based Hexagon Composites ASA, a global leader in lightweight composite cylinders for storage and transport of pressurised gases, has established a separate business unit to focus on hydrogen storage and transportation systems.