Risk Management of Training Services in PT MMK

Authors

  • Bovi Mutiara Sofi IPB Business School
  • Heti Mulyati IPB University
  • Deni Achmad Soeboer IPB University

DOI:

https://doi.org/10.21512/bbr.v12i3.6619

Keywords:

risk management, training services, service company

Abstract

One of the business training services that is rapidly grown is at the Occupational Health and Safety (Keselamatan dan Kesehatan Kerja (K3)) training services. PT MMK is a K3 training service company that has been developed since 2016. However, PT MMK faces some risks in its business activities. There are various problems and potential risks faced by PT MMK, so it needs a business risk management observation. The research aimed to identify and analyze the level of risk faced by PT MMK by applying a quantitative method. The primary and secondary data were used. Sampling was carried out by using non-probability techniques with purposive sampling through the expert judgment approach. There were eight respondents in the research. Meanwhile, the applied analytical methods were Cochran analysis and Godfrey risk map. The result shows that based on four divisions, PT MMK has 30 internal risks and 8 external risks. There are 4 low-level risks, 14 moderate-level risks, 19 high-level risks, and 1 extreme-level risk. Based on the highest risks, PT MMK should do detailed budgeting, so there is no over cost based on the previous training budget. Moreover, the company can also expand its market share to the other companies by offering its training.

Dimensions

Plum Analytics

Author Biographies

Bovi Mutiara Sofi, IPB Business School

Business Management, Master Program Business Management

Heti Mulyati, IPB University

Department of Management, Faculty of Economics and Management

Deni Achmad Soeboer, IPB University

Department of Fisheries Resources Utilization, Faculty of Fisheries and Marine Sciences

References

Agustinus, S., Nugroho, A., & Cahyono, A. D. (2017). Analisis risiko teknologi informasi menggunakan ISO 31000 pada program HRMS. Jurnal RESTI (Rekayasa Sistem dan Teknologi Informasi), 1(3), 250-258.

Anitasari, L., & Setiawan, R. (2017). Analisis pelatihan sumber daya manusia pada PT Restu Baru Indonesia. Agora, 5(1), 1-5.

BPS. (2018). Keadaan pekerja di Indonesia Februari 2018. Retrieved from https://www.bps.go.id/publication/2018/06/04/ffb632ad65f770914900ac29/keadaan-pekerja-di-indonesia-februari-2018.html

Capocchi, A., Orlandini, P., Pierotti, M., Luzzi, L., & Minetti, L. (2019). Risk management in the healthcare sector and the important role of education and training activities: The case of Regione Lombardia. International Journal of Business and Management, 14(1), 180-191.

Etikan, I., Musa, S. A., & Alkassim, R. S. (2016). Comparison of convenience sampling and purposive sampling. American Journal of Theoretical and Applied Statistics, 5(1), 1-4.

Gazzola, P., Amelio, S., & Figus, A. (2020). The double relationship between risk management and CSR in the Italian healthcare sector: The case of the Lombard “Health Protection Agencies” (ATS). In Contemporary Trends and Challenges in Finance (pp. 101-111). Springer.

Godfrey, P. (1996). Control of risk a guide to the systematic management of risk from contruction. CIRIA.

Ibrahim, R., Boerhannoeddin, A., & Bakare, K. K. (2017). The effect of soft skills and training methodology on employee performance. European Journal of Training and Development, 41(4), 388-406.

IMA. (2007). Enterprise risk management: Tools and techniques for effective implementation. Retrieved from https://erm.ncsu.edu/az/erm/i/chan/m-articles/documents/IMAToolsTechniquesMay07.pdf.

Kahfi, H. S., Khurosani, A., & Suhendra, I. (2017). Pengaruh pelatihan dan motivasi berprestasi terhadap kinerja pegawai dengan kompetensi sebagai variabel intervening (Studi empiris pada pegawai perusahaan daerah air minum Kabupaten Lebak). Jurnal Riset Bisnis dan Manajemen Tirtayasa, 1(1), 1-10.

Kementerian Ketenagakerjaan. (2018). Laporan kinerja 2018. Retrieved from https://ppid.kemnaker.go.id/uploads/informasi_publik/723232139.pdf

Kiseleva, I. A., Karmanov, M. V., Korotkov, A. V, Kuznetsov, V. I., & Gasparian, M. S. (2018). Risk management in business: Concept, types, evaluation criteria. Espacios, 39(27), 1-18.

Kuncorowati, D. E., Achsani, N. A., & Hafidhuddin, D. (2018). Manajemen risiko wakaf di dompet dhuafa. Jurnal Aplikasi Bisnis dan Manajemen (JABM), 4(3), 441-441.

McShane, M. (2018). Enterprise risk management: History and a design science proposal. Journal of Risk Finance, 19(2), 137-153.

Nasr, N. E. S. (2017). Risk management in the light of travel agencies activity in Egypt. International Journal of Heritage, Tourism, and Hospitality, 10(2/2).

Rebelo, M. F., Silva, R., & Santos, G. (2017). The integration of standardized management systems: Managing business risk. International Journal of Quality & Reliability Management, 34(3), 395-405.

Roy, S., Sreejesh, S., & Bhatia, S. (2019). Service quality versus service experience: An empirical examination of the consequential effects in B2B services. Industrial Marketing Management, 82, 52-69.

Sanny, L., Melita, S., & Putri, S. (2019). Analysis of Indonesia’s consumer preferences in choosing a co-working space. Journal of Southwest Jiaotong University, 54(4), 1-9.

Shad, M. K., Lai, F. W., Fatt, C. L., Klemeš, J. J., & Bokhari, A. (2019). Integrating sustainability reporting into enterprise risk management and its relationship with business performance: A conceptual framework. Journal of Cleaner production, 208, 415-425.

Soltanizadeh, S., Rasid, S. Z. A., Golshan, N. M., & Ismail, W. K. W. (2016). Business strategy, enterprise risk management and organizational performance. Management Research Review, 39(9), 1016-1033.

Sulistyaningsih, S., & Gunawan, B. (2018). Analisis faktor-faktor yang memengaruhi risk management disclosure (Studi empiris pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2012-2014). Riset Akuntansi dan Keuangan Indonesia, 1(1), 1-11.

Taherdoost, H. (2016). Sampling methods in research methodology; How to choose a sampling technique for research. SSRN Electronic Journal, 5(2), 18-27.

Tseng, S. M. (2016). Knowledge management capability, customer relationship management, and service quality. Journal of Enterprise Information Management, 29(2), 202-221.

Tupa, J., Simota, J., & Steiner, F. (2017). Aspects of risk management implementation for Industry 4.0. Procedia Manufacturing, 11, 1223-1230.

Downloads

Published

2021-10-06
Abstract 401  .
PDF downloaded 416  .