Weaknesses Opportunities Research Articles

PELATIHAN MANAJEMEN UNTUK MENINGKATKAN KEMAMPUAN PELAKU USAHA MIKRO DAN KECIL (UMK) BIDANG KULINER DI KOTA BANDUNG

The target of this training is to increase the ability of micro and small entrepreneurs in the culinary field with the knowledge of finance, marketing, and production so that they can improve their business strategies and business management, increase sales and profits of their companies in a sustainable manner, develop and increase the size of their companies especially during COVID-19 pandemic. The training method is carried out online and offline. There are 3 stages carried out, namely: before, during, and after the training. Prior to the training, prospective participants are selected based on the criteria for the type of business and domicile that have been determined, namely in the city of Bandung. After that, training was carried out for 12 meeting sessions with varied topics covering management functions that are often applied in a company. The materials provided are Strengths Weaknesses Opportunities Threats (SWOT) Analysis and Business Model Canvas (BMC), Product Development Strategy and Digital Marketing, Brand and Copyright, Calculating Cost of Production, Making Financial Reports, Making Product Photos, Workplace Management: 5S Program, Health and Work Safety Program, Raw Material Purchase Management, Credit Management, Product Promotion Through Social Media, Product Quality Management. After the training had been completed, the trainers continued to provide regular assistance regarding the application of the knowledge that had been given during the training, as well as providing input on what Micro and Small Enterprises (MSEs) had implemented in their business.

STRATEGI PEMASARAN KACANG TANAH DI DESA TAGAWITI KECAMATAN ILE APE KABUPATEN LEMBATA

This research was conducted in Tagawiti Village, Ile Ape District, Lembata Regency from December 2020 to February 2021. This study aims to determine: (1) Strengths and Weaknesses of Peanut marketing; (2) Peanut Marketing Opportunities and Threats; (3) Peanut Marketing Strategy. The data collection method used in this research is the survey method. The location of the research was determined intentionally with the consideration that Tagawiti village is one of the peanut-producing villages. Determination of the number of samples used Slovin formula. The types of data collected are primary data and secondary data. The data are analyzed according to the purpose. To find out the first, second, and third purposes, the data were analyzed using SWOT analysis.
 The results showed that (1) The strength and weakness of peanut marketing in Tagawiti Village of Ile Ape District of Lembata Regency has an average score of 2.53 this indicates that the internal position is strong. (2) The opportunities and threats (Threats) of peanut marketing in Tagawiti Village of Ile Ape District of Lembata Regency have an average score of 2.54 this indicates that farmers respond to existing opportunities to avoid threats and (3). Marketing strategies implemented by farmers in Tagawiti Village of Ile Ape District of Lembata Regency are: a.) SO (strength-opportunity) strategy is to improve the quality and quantity of products. b.) St (strength-threat) strategy is to cooperate with the village government in sales efforts. c.) WO (Weakness-Opportunity) strategy is to improve the sales management system and promote, increase standardization and grading. d.) WT (Weakness-Threat) strategy is to improve good relations with consumers.

Analisis Pelaksanaan Sistem Pembelajaran Blok menggunakan Analisis SWOT pada Program Keahlian Teknik Ketenagalistrikan

This study aims to analyze the implementation of the block learning system using SWOT analysis so as to produce proposals in the form of strategies and policies in an effort to improve the implementation of the block system based on the results of the SWOT analysis. The study consisted of 4 respondents, consisting of school management in the field of curriculum and 3 teachers of Electrical Engineering. This research is a type of descriptive research with a qualitative approach using the SWOT (Strengthness, Weakness, Opportunities, Threats) analysis method. Data collection methods used are observation, interviews, and documentation. Data analysis was carried out using Miles & Huberman analysis with the help of a SWOT matrix. The strategies that can be developed after conducting a SWOT analysis are the SO (Strengthness-Opportunities) strategy, the WO (Weakness-Opportunities) strategy, the ST (Strengthness-Threats) strategy, and the WT (Weakness-Threats) strategy. The results showed that the block learning system at SMKN 2 Payakumbuh based on the results of the SWOT analysis, had great strengths and opportunities to support the success of the implementation of the next block learning system, although there were still some weaknesses and threats. ) were found. The strategy that can be done in an effort to improve the implementation of the block system based on a SWOT analysis is that schools strive for the implementation of the block system to be in accordance with the Teaching Factory (TEFa) program which is one of the development programs for schools.

How Can Sewage Sludge Use in Sustainable Tunisian Agriculture Be Increased?

In recent years, farmers in Beja, an agricultural governorate in northwestern Tunisia, have expressed their willingness to use urban sewage sludge as agricultural fertilizer, especially with the unavailability of chemical fertilizers and the soil type of the region that is poor in organic matter. However, there is an imbalance between the important farmers’ demand versus the limited quantity of sludge produced by the Beja wastewater treatment plants (WWTPs). In the face of this, this study aims to identify the problems related to the agricultural reuse of sludge in Beja and propose solutions to solve them. The quality of the sludge produced by the five Beja WWTPs was assessed based on physicochemical and microbiological parameters. The data were collected using the Delphi method, with 15 experts representing different positions on the issue treated. The SWOT-AHP methodology was used to define the strategies promoting the sustainable use and management of urban sewage sludge for sustainable agricultural development in Beja. Results showed that there were no problems with compliance with the Tunisian standards NT 106.20 for the sludge produced. A set of twelve practical conclusions was identified, constituting the strategies of Strengths–Opportunities, Strengths–Threats, Weaknesses–Opportunities, and Weaknesses–Threats deduced from the SWOT-AHP.

Developing Sustainable Agriculture Strategies: Turkish Floriculture Case

While Floriculture maintains its importance for many countries and cultures with its commercial possibilities, global players had to differentiate their approach to the industry because of the shift of the production towards developing countries and the change in competitive dynamics. Türkiye’s slow progress in Floriculture and the inefficacy to use its potential presents a unique opportunity to develop a sustainability-oriented strategy to differentiate Türkiye from its competitors. Hence, this work focuses on Turkish floriculture industry dynamics and aims to propose sustainable strategies using a Multiple Criteria Decision Making (MCDM)-based model. A comprehensive Strength Weakness Opportunities Threats (SWOT) analysis highlighting Turkish Floriculture’s current state is used for that purpose. The economic, environmental, and socio-political dimensions of sustainability in the floriculture industry are also considered via an Analytical Network Process (ANP) model. The analysis results are used to define a sustainable floriculture strategy with its benefits-opportunities and costs-risks (BOCR) merits. Based on the findings, the economic dimension of sustainability takes precedence over the other two dimensions, and an efficient floriculture strategy needs to focus on logistics and marketing in a developing country like Türkiye.

Strategi Bisnis UMKM Berbasis E-Commerce Pada Online Shop Adiva Shakila

Digital transformation is an urgency for micro, small and medium enterprises (MSMEs) in facing global challenges. The benefits of digital transformation through the application of e-commerce include entering the global market, increasing productivity and efficiency. Adiva Shakila Perlengkapan Bhayangkari dan Organisasi (ASPBO) is an e-commerce-based MSME that experienced a decline in profits throughout 2020 and 2021. The purpose of this study is to analyze the factors that affect the decline in APSBO performance, formulate business strategies that are in accordance with the external and internal environment ASPBO, and determine priority strategies that can be implemented by ASPBO. The selection of respondents was carried out using the purposive sampling method with the assumption that the respondent's knowledge of the object of study. The analytical tools used in this research are internal factor evaluation, external factor evaluation, strength weakness opportunity threat, and quantitative strategic planning matrix. The results of this study indicated that social restrictions are the main threat, the unemployment rate in the textile and textile product industry is the main opportunity, a good reputation is the main strength, and the disruption of product supply is the main weakness. The results also showed that there are four strategy formulations with the first priority, namely empowering the surrounding community who have expertise in the garment sector as an alternative supplier, the second priority is the evaluation and efficiency of business activities, the third priority is sales promotion through the provision of discounts and online advertising, and the fourth priority. namely increasing consumer loyalty. Keywords: e-commerce, MSMEs, QSPM, strategy formulation, SWOT

Worker Protection Scenarios for General Analytical Testing Facility under Several Infection Propagation Risks: Scoping Review, Epidemiological Model and ISO 31000.

Infectious disease is a risk threating industrial operations and worker health. In gastrointestinal disease cases, outbreak is sporadic, and propagation is often terminated within certain populations, although cases in industrial sites are continuously reported. The ISO 31000 international standard for risk management, an epidemiological triad model, and a scoping review were the methods used to establish response procedures (scenarios) to protect workers from the risk of the propagation of a gastrointestinal disease. First, human reservoirs and transmission routes were identified as controllable risk sources based on a scoping review and the use of a triad model. Second, the possibility of fomite- or surface-mediated transmission appeared to be higher based on environmental characterization. Thus, the propagation could be suppressed using epidemiological measures categorized by reservoirs (workers) or transmission routes during a primary case occurrence. Next, using results of a matrix, a strengths–weaknesses–opportunities–threats analysis and a scoping review, the risk treatment option was determined as risk taking and sharing. According to epidemiology of gastrointestinal infections, systematic scenarios may ensure the efficacy of propagation control. Standardized procedures with practicality and applicability were established for categorized scenarios. This study converged ISO 31000 standards, an epidemiological model, and scoping review methods to construct a risk management scenario (non-pharmaceutical intervention) optimized for the unique characteristics of a specific occupational cluster.

TOURISM DEVELOPMENT STRATEGY IN DAIRI REGENCY

Tourism is a community need and the government's mainstay to earn non-oil and gas foreign exchange. Dairi is one of the regency that has huge tourism potential, but it has not been managed properly and has an impact on socio-economic conditions. The purpose of this study is to find out how the strategy that has been carried out by the Department of Tourism and Culture of Dairi Regency to develop tourism and to find out what strategies can be used to develop tourism. This research process begins by identifying and analyzing strategic values, internal and external environment, as well as supporting and inhibiting factors. The next process is determining strategic issues using SWOT analysis techniques and formulating tourism development strategies. The method is a descriptive research method with a qualitative approach. The steps used in data collection include: interviews, observation, documentation, and literature study. The strategies used in developing tourism include: SO strategy (Strength Opportunity), ST strategy (Strength Threat), WO strategy (Weakness Opportunity), and WT strategy (Weakness Threat). The results of the research on the SO strategy showed that Dairi Regency has good potential in the tourism sector due to its geographical location and a large number of tourism destinations. For ST strategy, the Department of Tourism and Culture in Dairi Regency always coordinates with relevant agencies in the maintenance and development of existing and new tourist destinations. The WO strategy found that there was a lack of financial support from the local government and inadequate human resources. The WT strategy found a lack of improvement in service quality, and uneven infrastructure development.

Analisis Pengembangan Strategi Pemasaran Koperasi Karyawan (KopKar) Untag Surabaya

In the current era of increasingly rapid and tight competition, every company or MSME business is required to innovate in all fields, one of which is marketing. The higher level of local and global business competition and the conditions of uncertainty force companies or financial institutions to be able to achieve their competitive advantage so that later they will be able to win the competition globally. This forces companies, SMEs or cooperatives, in this case the Surabaya Untag Employee Cooperative has to give more attention to their environment which can affect cooperatives. The formulation of the problems raised in this study are: 1. What are the factors that influence the development of KopKar Untag Surabaya's marketing strategy?,2. What/How is the right marketing strategy that can increase sales of KopKar Untag Surabaya?The research was conducted using a questionnaire to KopKar officials and experts. The research method uses: Strength Weakness Opportunities Threat (SWOT) and Analytical Hierarchy Process (AHP). From the results of the study obtained several strategies that can be carried out by KopKar Untag Surabaya, namely: (1). Incessantly making breakthroughs in development by seeking and collaborating with outside parties who can quickly make KopKar progress, including with distributors of trendy and quality products, etc. (2). Easy access for the general public to the KopKar exchange. (3). Increase the variety of stock/store product variants. (4). Immediately use digital marketing. With these steps, the development of marketing development will be carried out effectively, efficiently and successfully.

STRATEGI PENGEMBANGAN SARANA DAN PRASARANA EKOWISATA KRUENG JALIN KOTA JANTHO

At present, Kota Jantho sub-district has only one representative tourist attraction with visitors' desires, which is Jantho Panorama Park, which was only developed in 2021. Therefore, the tourist attraction Krueng Jalin that is not properly managed must be developed into an eco-tourism object, so that Jantho City has multiple tourism alternatives that are representative of the population and can have an impact on the economic improvement of the region. This study aims to determine the strategy for developing ecotourism facilities and infrastructure in Krueng Jalin. This study uses a qualitative method approach through interviews and quantitative methods through questionnaires. Resource people and respondents targeted to up to 8 people. Data analysis used Strengths Weaknesses Opportunities Threats (SWOT). The results show that the Krueng Jalin ecotourism facility and infrastructure development strategy that needs to be implemented is to develop the potential for ecotourism packages and propose ecotourism facility and infrastructure development activities in Krueng Jalin to the regional government to participate in Local communities are involved in the planning and construction of ecotourism facilities and infrastructure in Krueng Jalin. Krueng Jalin, established an ecotourism management agency, developed decent work programs or business opportunities for local communities, involved the community in ecotourism management, established zones and visiting hours, provided environmental education to local communities and visitors, arranged income sharing and ecotourism marketing products.

Business Development Strategy for Skipjack Fish Floss

This study aims to analyze the business development strategy of the UMKM of Wadimah, Skipjack Fish Floss in Kabupaten Bandung. This research was conducted from November 2021 to May 2022 at UMKM Floss Wadimah, Kabupaten Bandung, Jawa Barat. The research method used in this research is a case study, which will be explained descriptively. The sources of data in this study are primary data (observed data) and secondary data (books, journals, etc.). The data collection technique used is direct observation to the place, distribution of pre-questionnaires to owners and employees totaling 5 people, and consumers totaling 100 people with a duration of 1 month (7 February – 7 March 2022) using accidental sampling technique. Based on the results of the study, it can be seen that the Wadimah Skipjack Fish Floss Business is in the position of the Wadimah Skipjack Fish Floss Business occupies Quadrant II. This means supporting a diversification strategy by using strengths to take advantage of long-term opportunities. Strategy of this business development. can be done by implementing the WO (Weakness - Opportunity) strategy which includes utilizing the support of local, central, and provincial governments as well as possible in overcoming limited capital and facilities and infrastructure in producing floss meat, participating in various training organized by the government, in order to improve quality human resources, expanding partners to look for alternatives if you have difficulty in obtaining main or supporting raw materials, and continue to innovate and produce diversification in skipjack fish floss products so that they can expand the target market, improve practical culture, and consume processed fishery products.

Business Strategy Analysis of Cocoa Agribusiness Commodity Export Company at Agro Tama

Cocoa, which is known as one of the people's plantations, is one of the commodities that has a positive contribution during the Covid-19 pandemic. The positive results of macro data related to the contribution of agriculture, especially cocoa to Indonesia's income during the pandemic, in fact experienced problems in raw materials which experienced a gradual decline in productivity in recent years, and also affected the productivity of several domestic cocoa companies. The decline in raw materials and the COVID-19 pandemic that has occurred since the end of 2019 also added to other problems faced by agricultural commodity export companies, including Agro Tama. Agro Tama is a domestic export company located in Makassar City which has been established for more than 20 years and contributes to the Indonesian economy through the export of cocoa beans. This study aims to analyze the company's internal and external factors, namely Strength, Weakness, Opportunity and Threat to produce an alternative strategy that is right for the company's condition. The results of the SWOT analysis show that the company's condition is in quadrant III strategy, namely WO (Weakness Opportunity) and produces 4 alternative strategies which are then analyzed again using the Analytical Hierarchy Process model. The results of the AHP analysis resulted in a proposed priority strategy, namely optimizing the company's export commodity diversification, with the main objective of the analysis model being the company's business development during the pandemic with a weight of 0.303.

Analisis PASTEL & SWOTPemanfaatan Teknologi Pumped Storage Hydropower Untuk Meningkatan Penetrasi Energi Terbarukan Di Indonesia

<p align="justify">enewable energy (RE) power plants can reduce the use of fossil fuel power plants that damage the environment related to CO2 emissions. Solar power centers and wind/wind power plants (PLTB) have intermittent characteristics related to their performance which is strongly influenced by environmental conditions such as fluctuations in solar radiation & wind speed. This creates problems in the stability & reliability of the electricity system so that its utilization is not optimal. Pumped storage hydropower (PSH) is a renewable energy-based technology that can store excess energy production in the electricity system at low load conditions to be distributed when the system is in peak load conditions. This study aims to determine the use of PSH concerning increasing the penetration of RE generators in the electricity system. Pastel & SWOT (Strength Weakness Opportunity Threat) analysis methods were used in this study. From the results of the discussion & discussion, it was found that PSH technology can support the penetration of RE power plants in Indonesia, especially PLTB & PLTS because it can eliminate the intermittency nature of these plants in the electricity system. In addition, PSH is also a mature energy storage medium on a large & economical scale, making it suitable for application in large & complex electrical systems. The strength of PSH is its mature technology, especially from the aspect of its large and economical capacity. The weakness of PSH is related to its utilization depending on the location due to the need for the area to have sufficient water potential with hilly natural conditions (their elevation), and relatively large land. The opportunity offered by PSH is that Indonesia has many areas that have the potential to be developed into PSH. In addition, the use of PSH can reduce the cost of production and increase the penetration of PLTS & PLTB. The threat of PSH is the trend of decreasing storage costs & increasing battery performance.<em></em></p>

The balanced scorecard as a strategic management tool in hospital pharmacies: an experimental study

PurposeA balanced scorecard (BSC) is an applied tool for implementing strategic management in various organizations. Implementing strategic management using the BSC approach has not received much attention in pharmacy departments. This study aims to provide a model for the strategic management of pharmacy departments using the BSC framework.Design/methodology/approachThis experimental study was conducted from 2015 to 2018 in a 300-bed hospital and regional healthcare centers affiliated with the Petroleum Industry Health Organization in Tehran province, Iran. After carefully reviewing the organization's mission and vision, the strategic objectives were determined via the internal matrix and the external matrix (IE matrix), and the strengths–weaknesses–opportunities–threats matrix (SWOT matrix) were examined. Then, six BSC measures and interventions were identified, and each was examined from the perspectives of finance, patient satisfaction, internal processes and learning/growth. Finally, the proposed strategy was evaluated.FindingsResults showed significant increases in patient satisfaction and gross profit. The observed increase range, from 0.09 to 0.29, indicates more effective operational management for optimal resource utilization. In addition, the pharmacy department was able to save US $539,137 by implementing prepared protocols for expensive medications. Similarly, the pharmacy department saved $442,899 during the two years of our strategic management plan by implementing the standard mechanism for returning unused medications to the pharmacy department after patients were discharged from various treatment units.Originality/valueThis study is among the first studies to demonstrate the simultaneous development, implementation and evaluation of the proposed strategy using the BSC in a pharmacy department in a public healthcare center. The BSC application improved the optimal use of resources and reduced costs while increasing patient satisfaction. It appears that the application of such an intervention may be as valuable to public pharmacies as it is to other private centers.

Opportunities and Barriers Against Successive Implementation of Rainwater Harvesting Options to Ensure Water Security in Southwestern Coastal Region of Bangladesh

The Coastal Region of Bangladesh is surrounded by the acute crisis of safe drinking water. Potable water scarcity is an acute problem within the coastal regions of Bangladesh. Salinity intrusion in freshwater bodies, arsenic contamination, and low dry season rainfall are some of the reasons behind this deplorable condition. Such is the case in a southwestern district, Satkhira, where safe drinking water is a mirage for people. In this situation, adaptation and utilization of Rainwater Harvesting (RWH) can be considered as a globally sustainable solution among the various technologies to augment freshwater resources. RWH is becoming an integral part of the sustainable water management toolkit gradually. However, some issues are hindering the success of RWH. The absence of technical knowledge, unawareness of hygiene, economic constraints, and lack of training programs on the usage and maintenance of the technology are major reasons for reducing RWH technology's acceptability. This study assessed existing RWHs from several locations of Shyamnagar Upazila of Shatkhira district, incorporating social, economic, and institutional aspects along with policy and application gaps. A mixed-method approach was adopted for the assessment, which included 20 site inspections, questionnaire surveys among the consumers, focus groups discussions with concerning stakeholders, key informant interviews with local government officials. From the outcomes, Strength Weakness Opportunity Threat (SWOT) analysis was done to indicate opportunities and barriers which hinder the success of existing RWHs. We identified RWH as the most appropriate supplementary water source in this region. The substantial factors which enhanced the acceptance of RWH in the water-scarce area were the accessibility of water compared to other sources, improved livelihood potential, security against climate change, and provision from local government and Non-Government Organizations. Furthermore, there was enough quantity of water to support the total water need in household activities. However, a lack of knowledge and awareness was identified as a substantial social constrain of RWH use. High installation costs and the complex financial mechanism were found to be an economic obstruction to the acceptance of this system. There is a significant gap between policy and implementation at the field level. Identifying the opportunities, issues, and constraints of RWH in the study area allows stakeholders and policymakers to understand which programs, mechanisms, and strategies can be adopted for the sustainable implementation of RWH in Bangladesh. This assessment evaluates the socio-economic outcomes of an alternative water source in the coastal region, emphasizing the prominence of social awareness to sustainable development.

IMPLEMENTASI PROGRAM DIVERSIFIKASI PRODUK PANGAN LOKAL DI DINAS KETAHANAN PANGAN PROVINSI JAWA TENGAH

In Indonesia, rice is a staple food that has high carbohydrates and is consumed by all Indonesian people. The high consumption of rice in Indonesia causes a decrease in the level of consumption of non-rice food and the low consumption of animal protein, vegetables, and fruits. Until the government made the slogan "full doesn't have to be rice" and held a program to change people's mindsets, namely with a diversification program for local food products. The purpose of this analysis is to find out the results of the implementation of the Local Food Product Diversification Program in the Women Farmers Group (KWT)/ Micro Small Medium Enterprises (UMKM) and the community at the Food Security Office of Central Java Province. The analytical methods used in the Local Food Product Diversification Program through interviews and literature studies are descriptive analysis, fishbone diagrams, and Strength Weakness Opportunity Threats (SWOT) analysis. The results of the implementation of the Local Food Diversification Program for KWT/UMKM and the community are that it can increase the income/turnover of the KWT/UMKM and direct the community to consume local food to achieve the ideal Food Hope Pattern (PPH) score so as to reduce excessive rice consumption.

Development of Strategies for Taiwan’s Corrugated Box Precision Printing Machine Industry—An Implementation for SWOT and EDAS Methods

The small scale of Taiwan’s domestic market due to its land area requires businesses in the corrugated box precision printing machine (CBPPM) industry to formulate developmental strategies to compete on the global market. This study uses the decision-making trial and evaluation laboratory-based analytic network process, an evaluation based on distance from the average solution, and Strengths–Weaknesses–Opportunities–Threats analysis to construct and evaluate a model for the Taiwanese CBPPM industry’s developmental strategies. A hierarchy of five strategies with 16 criteria is established. The results indicate the most critical dimension is Strengths, followed by Threats, Weaknesses, and Opportunities, and that the optimal developmental strategy is a strategic alliance. The findings can provide the CBPPM industry with insights for developing developmental strategies.

Hybrid and Blended Learning – A Step in the Right Direction

The article titled “Combining the Best of Online and Face-to-Face Learning: Hybrid and Blended Learning Approach for COVID-19, Post Vaccine, & Post-Pandemic World” authored by Dr. Jitendra Singh et al., presents a research study that creatively examines the history, evolution, and development of blended learning in a variety of educational settings. The article describes the review of various models of hybrid learning and different e-learning models currently used in higher education. In addition, the article articulates a number of issues that students, faculty, schools, and institutions of higher education faced during the onset of the COVID-19 pandemic in early 2020. Finally, the authors examine effective strategies for integration of best practices moving forward in the pandemic trajectory. Using a fishbone analysis, challenges faced by instructors and academic institutions are examined to lay the foundation for potential solutions and strategies. A detailed Strength–Weakness–Opportunities–Threat (SWOT) analysis of blended and hybrid mediums of instruction is described. The authors conclude with an evidence-based approach from their own experience and research which can be utilized by faculty and administrators worldwide, as we enter a post-vaccine and post pandemic world.

REVIEW ON THE APPLICATION OF OPEN BANKING IN SHARIA BANKING: AN SWOT ANALYSIS

This study was conducted to analyze SWOT (Strength, Weakness Opportunity, and Threat) Open Banking in Islamic banking in Indonesia. The analytical method used is descriptive literature research, namely by providing a description or description of the problems that have been identified and carried out intensively and in detail on a problem from the available literature. The results of this study indicate that there are several strategies that can be taken by Islamic Banking in dealing with Open Banking, including the S-O strategy: cooperation with fintech and e-commerce; and expand the network of cooperation nationally and internationally; W-O strategy: socializing open banking, improving technology and security, and increasing service complaints; S-T strategy: cooperate with other financial institutions, implement standardization prepared by the regulator; and W-O Strategy: multiple security enhancements, sorting out cooperation to third parties, and upgrading Islamic banking internal servers.

Prospects of Joint Venture in Local Road Bridge Construction of Nepal

Purpose: The trend of forming a Joint Venture (JV) to enter into the bidding procedure is high in local road bridge construction (LRBC) in Nepal. As we know that the construction industry is complex, firms are facing a new type of problem in every next project. In such an unpredictable working environment working jointly with different firms is a challenge. So, this study was carried out to analyze the prospects of JV in LRBC in Nepal. Design/Methodology/Approach: The study covers the bridges which are built by DoLIDAR under different projects. Various data collection tools were used for the study. Primary data were collected from a questionnaire survey, sample bridges of DoLIDAR, field observations, and focus group discussions. Secondary data were collected from reports, journals of previous studies, and trends of JV formation in international constructions. Strength Weakness Opportunity and Threat (SWOT) analysis based on a questionnaire survey was also carried out. Findings/Result: It was also found that to fulfill the gap between the documentation and implementation of JV, a policy is required. As the client's intention for provision of JV is the actual requirement of the project, no to change the scope and scale of contractors so, JV must be formed and followed as per the requirement of the project. Joint ventures should make a detailed agreement among themselves clarifying the roles and responsibilities of each partner, usage of the resources, and the implementation of the project. For the proper management of JV, a management committee should be formed which shall manage the working team and resources suitably as per the requirement for the project. The presence of at least one partner from each partner in every meeting should be made mandatory by the client. A separate policy should be formulated focusing on detailed agreement clause, institutional arrangement for better functioning of JV. The database system of active contractors should be maintained by MoPIT which shall be used as a major tool while evaluating as well as awarding contracts. Originality/Value: The scope of this study is to identify the practice and prospects of JV's in LRBC. It addresses the understanding of clients and contractors about the JV. The study area covers the bridges built by DoLIDAR funded by GoN, SDC, World Bank (WB), Asian Development Bank (ADB), etc. The study includes local bridges built in DRCN roads covering the Himalayan region, mountain region, and Terai region. The study outcome is significant for the construction stakeholder to overcome the challenges of JV for taking the benefits of JV. The study is significant for policymakers for formulating policies to reduce the problems of JV. Paper Type: Action Research