Abstract :
Intense competition, fluctuating client numbers, growing raw material costs, insufficient brand awareness, unstable financial situations, and inadequate business strategies are just a few of the difficulties Cita Rasa Coffee and Eatery faces. To find and create the best business strategies, this study makes use of the Business Model Canvas, Analytical Hierarchy Process (AHP), SWOT analysis, Internal-External (IE) Matrix, External Factor Evaluation (EFE), and Internal Factor Evaluation
The value proposition, which consists of premium coffee quality, a range of Indonesian coffee, traditional snacks, and a board gaming area as a main attraction, is strengthened by the use of the Business Model Canvas. In addition to highlighting strengths like superior raw materials, a prime location, and knowledgeable staff, internal study also points out flaws like inadequate marketing, reliance on suppliers, and a lack of online shopping choices. The expanding coffee culture trend, favorable local economic conditions, and technology improvements that can improve operational efficiency, on the other hand, are opportunities highlighted by outsider study. Threats like growing prices for raw materials, fierce competition, and shifting consumer spending power, however, continue to be difficulties.
This study develops growth strategies based on the findings of the IE Matrix and SWOT analysis, which are subsequently ranked using AHP. The suggested tactics include establishing new locations, branching out into reasonably priced mobile coffee services, working with neighborhood organizations on a regular basis, maximizing social media interaction, and increasing online shopping choices via sites like Grab, ShopeeFood, and Gojek. The objectives of these strategic methods are to increase Cita Rasa Coffee and Eatery’s competitiveness, broaden its market reach, and create financial stability.
Keywords :
BMC, Coffee, External Factor, Internal FactorReferences :
- Albrecht E, König A, Hungenberg A, Engelbertz T. (2009). Towards an integrated perspective of strategy: The value process framework. Journal of Strategy and Management. 2(1): 76-96. doi: https://doi.org/10.1108/17554250910948712
- Pearce, John II, Richard B.Robinson, Jr. (2014). Manajemen strategi. Jakarta: Salemba. Empat.
- Amaya N. (2022). Role of internal resources on the competitive advantage building in a knowledge-intensive organization in an emerging market. Vine Journal of Information and Knowledge Management System. doi: 10.1108/VJIKMS01-2022-0029
- David FR. (2009). Manajemen Strategi: Konsep. 7th ed. Jakarta (ID): Pearson Education Asia
- David FR. (2011). Strategic Management: Concepts And Cases. 13th ed. New Jersey (US): Pearson Prentice Hall.
- David, Fred. R. (2016). Manajemen Strategik. Alih Bahasa Alexander Sindoro, Prehallindo, Jakarta.
- David FR. (2019). Konsep Manajemen Strategik Suatu Pendekatan Keunggulan Bersaing Konsep. Jakarta (ID): Salemba Empat.
- Ginting, A. (2006). Perumusan Strategi Perusahaan PT X menggunakan Matriks Evaluasi Faktor. Jurnal Sistem Teknik Industri. 7(1): 1-5.
- Husein, Umar. (2003). Metode Riset Perilaku Konsumen. Jasa. Jakarta:Ghalia Indonesia.
- (2001). Sistem Akuntansi Edisi Tiga. Jakarta: Salemba Empat.
- Muhammad Karebet Widjajakusuma, Muhammad Ismail Yusanto. (2002). Menggagas Bisnis Islam. Jakarta: Gema Insani.
- Nawawi, Ismail. (2013). Budaya organisasi kepemimpinan dan Kinerja. Jakarta: PT. Fajar.
- Porter ME. (2008). The Five Competitive Forces that Shape Strategy. Boston (US): Harvard Business View.
- Rusdi, M. (2019). Strategi Pemasaran untuk Meningkatkan Volume Penjualan pada Perusahaan Genting UD Berkah Jaya. Jurnal Studi Manajemen Dan Bisnis. 6(9):1-6.
- Wheelen, T. H., & Hunger, D. (2010). Strategic Management and Business Policy. (12th ed.). Pearson Prentice Hall.
- Wandrial S. (2011). Analisis internal perusahaan (Strength & Weakness) menggunakan konsep ‘resource-based view of the firm’ dengan kerangka. VRIO. Journal Bisnis Review. 2(2). doi: https://journal.binus.ac.id/index.php/BBR/article/view/1457/1313
- Wheleen TL. Hunger JD. Hoffman AN. Bamford CE. (2018). Strategic Management and Business Policy. London (UK): Pearson Limited.