High Competitiveness: A Necessity in Business

Having high competitiveness in business is a necessity in order to survive in today’s era of hypercompetition. This becomes increasingly crucial when the orientation is not merely survival, but achieving victory in competition. Various efforts must therefore be undertaken to ensure the sustainability and continuity of business growth.

Business competitiveness is influenced by several determining factors, including the quality of human resources, technology, efficiency and productivity, product quality, business networks, quality of management systems, capital resources, after-sales service quality, the level of entrepreneurship, and the implementation of just-in-time practices. The development of integrated systems is essentially expected to manage and enhance these determining factors of competitiveness, thereby fostering competitive and productive businesses which ultimately lead to the realization of public welfare. These issues are elaborated in the International Seminar on Business and Management entitled “Improving Business Competitiveness through Integrated Systems”, with the Minister of Transportation, Freddy Numberi, scheduled to be the keynote speaker on Wednesday (April 27) at the Multipurpose Hall of Widyatama University. Approximately 14 countries are expected to participate in the seminar.

Several guest speakers will include representatives from the Russian and Romanian Embassies, as well as academics from the Philippines, Malaysia, and India. Together, they will discuss how to find common ground between educational institutions, industry, and government in the field of business management. In addition to serving as an effort to address issues related to the development of integrated systems in enhancing business competitiveness, the seminar aims to explore and collect diverse perspectives from academics, professionals, and industry practitioners. It also serves as a medium for knowledge sharing and dissemination among universities, professionals, and industry.

The integrated system approach is holistic in nature, viewing issues systemically, comprehensively, and as an integrated whole rather than in a partial manner. The need for an integrated systemic approach arises from the demand to resolve problems thoroughly—not only at the operational level, but also at managerial and top management levels. An integrated system implies that activities must be carried out comprehensively and cohesively rather than partially. It represents a system approach characterized by collaboration and interaction among people and various elements such as materials, equipment, information, money, and energy.

Through the implementation of integrated systems, it is expected that business competitiveness can be significantly leveraged and enhanced. CP: Meita Lukita (082119081970) i[email protected] Web: www.iconf.widyatama.ac.id