Risk capability building post Covid-19 through improving competency in risk management
This study aims to understand how a pioneer Bus Rapid Transit (BRT) company in Indonesia strengthens its business resilience when facing uncertainty due to the COVID-19 pandemic. A qualitative research approach with the case study method is used where the primary data source is respondents, who are...
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| Format: | Article |
| Language: | English |
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Indonesian Institute for Counseling, Education and Therapy (IICET)
2023-06-01
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| Series: | JPPI (Jurnal Penelitian Pendidikan Indonesia) |
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| Online Access: | https://jurnal.iicet.org/index.php/jppi/article/view/1784 |
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| _version_ | 1832584661211021312 |
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| author | Antonius Alijoyo Victor Riwu Kaho |
| author_facet | Antonius Alijoyo Victor Riwu Kaho |
| author_sort | Antonius Alijoyo |
| collection | DOAJ |
| description | This study aims to understand how a pioneer Bus Rapid Transit (BRT) company in Indonesia strengthens its business resilience when facing uncertainty due to the COVID-19 pandemic. A qualitative research approach with the case study method is used where the primary data source is respondents, who are determined based on the purposive sampling method. Data collection and analysis were conducted using triangulation techniques by distributing questionnaires, structured interviews, and focus group discussions, which have helped discover that the pioneer BRT company is not fully prepared for the COVID-19 pandemic. The company then decided to strengthen risk management capabilities by increasing risk management competencies that support decision-making in responding to the impact of the COVID-19 pandemic. Risk leaders believe that strengthening risk capabilities can boost the company's resilience in the face of the COVID-19 pandemic and help it succeed in the new-normal era later. However, it is recommended that companies implement a business continuity management system based on the ISO 22301:2019 Business Continuity Management System (BCMS) standard as a systematic and comprehensive approach. The implication of implementing this standard is strengthening the company's readiness to deal effectively with risks of resilience and business continuity in the future. |
| format | Article |
| id | doaj-art-7bd4367894444b27bc97af39e5de9a9d |
| institution | Kabale University |
| issn | 2477-8524 2502-8103 |
| language | English |
| publishDate | 2023-06-01 |
| publisher | Indonesian Institute for Counseling, Education and Therapy (IICET) |
| record_format | Article |
| series | JPPI (Jurnal Penelitian Pendidikan Indonesia) |
| spelling | doaj-art-7bd4367894444b27bc97af39e5de9a9d2025-01-27T12:24:49ZengIndonesian Institute for Counseling, Education and Therapy (IICET)JPPI (Jurnal Penelitian Pendidikan Indonesia)2477-85242502-81032023-06-019298899210.29210/0202317841389Risk capability building post Covid-19 through improving competency in risk managementAntonius Alijoyo0Victor Riwu Kaho1Parahyangan Catholic UniversityCenter for Risk Management & Sustainability (CRMS)This study aims to understand how a pioneer Bus Rapid Transit (BRT) company in Indonesia strengthens its business resilience when facing uncertainty due to the COVID-19 pandemic. A qualitative research approach with the case study method is used where the primary data source is respondents, who are determined based on the purposive sampling method. Data collection and analysis were conducted using triangulation techniques by distributing questionnaires, structured interviews, and focus group discussions, which have helped discover that the pioneer BRT company is not fully prepared for the COVID-19 pandemic. The company then decided to strengthen risk management capabilities by increasing risk management competencies that support decision-making in responding to the impact of the COVID-19 pandemic. Risk leaders believe that strengthening risk capabilities can boost the company's resilience in the face of the COVID-19 pandemic and help it succeed in the new-normal era later. However, it is recommended that companies implement a business continuity management system based on the ISO 22301:2019 Business Continuity Management System (BCMS) standard as a systematic and comprehensive approach. The implication of implementing this standard is strengthening the company's readiness to deal effectively with risks of resilience and business continuity in the future.https://jurnal.iicet.org/index.php/jppi/article/view/1784enterprises risk management, risk management capability, bus rapid transport, indonesia |
| spellingShingle | Antonius Alijoyo Victor Riwu Kaho Risk capability building post Covid-19 through improving competency in risk management JPPI (Jurnal Penelitian Pendidikan Indonesia) enterprises risk management, risk management capability, bus rapid transport, indonesia |
| title | Risk capability building post Covid-19 through improving competency in risk management |
| title_full | Risk capability building post Covid-19 through improving competency in risk management |
| title_fullStr | Risk capability building post Covid-19 through improving competency in risk management |
| title_full_unstemmed | Risk capability building post Covid-19 through improving competency in risk management |
| title_short | Risk capability building post Covid-19 through improving competency in risk management |
| title_sort | risk capability building post covid 19 through improving competency in risk management |
| topic | enterprises risk management, risk management capability, bus rapid transport, indonesia |
| url | https://jurnal.iicet.org/index.php/jppi/article/view/1784 |
| work_keys_str_mv | AT antoniusalijoyo riskcapabilitybuildingpostcovid19throughimprovingcompetencyinriskmanagement AT victorriwukaho riskcapabilitybuildingpostcovid19throughimprovingcompetencyinriskmanagement |