Strategic Management: Analysis of the Influence of Influence Factors on Company Performance

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Published: Jun 7, 2024
DOI: https://doi.org/10.55299/ijec.v3i1.886
Keywords:
industry, management, company

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Syah Abadi Mendrofa
Universitas Nias, Indonesia
Toga Sehat Sihite
Universitas Simalungun, Indonesia
Andi Asrijal
Universitas Cahaya Prima, Indonesia
Saida Zainurossalamia
Universitas Mulawarman, Indonesia
Asnawati
Universitas Mulawarman, Indonesia

Abstract

This study aims to investigate the impact of implementing strategic management on the performance of PT XYZ, an important provider of electricity services in the industry. Intense competition, dynamic changes in the business environment, and customer needs demand the adoption of effective strategies. This research employs qualitative methods and a case study approach at PT XYZ. Data were gathered through in-depth interviews with company management and analysis of internal documents, as well as direct observation of operational activities. The findings of this study demonstrate that the implementation of efficacious strategic management exerts a positive influence on the efficacy of PT XYZ. By adopting a lucid and well-defined strategy, the company is capable of optimising the utilisation of its resources, augmenting its competitive edge, and fortifying its client relationships. Furthermore, strategic management enables companies to identify and address the risks inherent to their operational activities.

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How to Cite
Mendrofa, S. A., Sihite, T. S., Asrijal, A., Zainurossalamia, S., & Asnawati. (2024). Strategic Management: Analysis of the Influence of Influence Factors on Company Performance. International Journal of Economics (IJEC), 3(1), 598–603. https://doi.org/10.55299/ijec.v3i1.886
Issue
Vol. 3 No. 1 (2024): January-June
Section
Articles
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This work is licensed under a Creative Commons Attribution 4.0 International License.

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