INTI College Indonesia| Organization and Management| PT. Asuransi Jiwasraya| | Jessica Khou, Afifa Jindan, Jocelyn Halim| 3/8/2013| Mr. Jonny Wiguna Jl.
Ir. H. Juanda Number 34, Jakarta Pusat 10120, Indonesia almost eight March 2013 Dear Mr. Jonny Wiguna, Presented towards the commissary on this organization, this can be a bureaucratic report pertaining to the period of 2012-2013. Because requested in a meeting carried out on March 2013, this is a report in the managerial status of this corporation as noticed during the present year.
This kind of report includes matters about the management theory used to execute the business, the planet surrounding the corporation and inside organization on its own, defining the structure of the organization’s staff as well as their determined jobs as well as the regulation of activities in the organization. Likewise discussed from this report are the management approaches currently utilized by the firm and precisely what is observed to get motivating intended for the employees inside the organization.
Next all the noticed and defined matter, this report also contains several suggestions that, because the writer of this statement believe, will be beneficial with regards to the search engine optimization of efficiency of man capital and allocation of resources. ______________________ (Claire Afifa Halim) eight March 2013 EXECUTIVE BRIEF SUMMARY The report provides an evaluation of the supervision of the REHABILITATION. Asuransi Jiwasraya. It details the issues related to the current management system and provides an info of how the corporation is in relation to its environment.
The statement also consists of recommendation about the improvement in the current management in order for the corporation to reach its current objective. Analysis is done by noticing the activities and achievements from the company inside the latest years of its organization. To find out the overall management form of the company, identity of the theory that most resembles the current management system is conducted. As a result of the observations, it might be summarized the company has a overall supporting environment because of its business.
The model of supervision used tightly resembles Max Weber’s supervision theory and then the company’s framework and careers are precise and permits the company being developing in its professionalism. PT. Asuransi Jiwasraya has also utilized good motivational methods that allow it to produce good interactions between the staff of the business. However , as observed by the writer on this report, the growth of the firm is not really at its maximum potential.
Several elements that is discovered to be keeping the company back are the insufficient promotional hard work, loss of flexibility (initiative) and private motivation in the employees due to the current management system used, inability to utilize technology effectively, restriction of growth space because of the limitation of target market as well as the fact that the business has not however responded to one of the main insurance will need of Indonesian. Recommendations created for the company thus include: 1 ) To create a syariah based insurance service intended for the Muslim majority of Indonesians 2 .
Focus more on each individual employee to develop the standard of workforce a few. Use technology in its hard work to market the merchandise 4. Increase the budget allocated for promo and improve the frequency of promotion including through the use of billboard, magazines and online adverts 5. Become more globalized to get to their long lasting organizational target of being acknowledged globally STAND OF CONTENT MATERIAL 0. 1 Introductions, , , , , , , , , , , , , , , , , , , , ,. , , , , , ,.. you 0. Business Backgrounds, , , , , , , , , , , , , , , , , , , , , ,.. 2 0. 3 Managing Theory, , , , , , , , , , , , , , , , , , , , , , , , 3 zero. 4 Business Environment, , , , , , , , , , , , , , , , , , , , , , , 4 0. five Organizational Structures, , , , , , , , , , , , , , , , , , , , ,. 0. 6th Motivation, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,. zero. 7 Tactical Management, , , , , , , , , , , , , , , , , , , , , , ,. 8 Conclusion and Recommendation, , , , , , , , , , , , , , , , ,. 0. 9 Set of References, , , , , , , , , , , , , , , , , , , , , , , ,.. 0. you INTRODUCTION 1 . 1 Authorization This record is made to be able to give even more feedback intended for the company known as PT. Asuransi JIwasraya. 1 . 2 Constraints Because we don’t have a chance to visi t 1 . several Scope of Report This kind of report will cover several depth points, such as management theory that been use by simply PT.
Asuransi Jiwasraya, you can actually environment, it’s also show the organization structure inside PT. Asuransi JIwasraya with their job description, and we also going to describe about the motivation inside company, as well as the strategic managing process that have been use by the company, we also included each of our recommendation to increase the effectiveness and performance of organization management system. 0. 2 COMPANY’S BACKGROUND Pt. Asuransi Jiwasraya is a life insurance coverage company that has been established because the year 1859. The motto of the organization is “secure your life”.
PT. Asuransi Jiwasraya’s vision is to “become a trusted and preferred business to provide a solution for insurance needs and financial preparing. “(http://www. jiwasraya. co. id/static. php? cat_id=1&id=8&lang=id) It concentrates on providing insurance coverage for buyer and supporting customer generate financial ideas in accordance to the developing environment where producing financial decisions become more demanding. The company is definitely owned by the governments and is also a trusted company which has been a recommended insurance provider simply by several big companies.
Although it has already been big alone, the company looks competition and is also trying to become one of the five top insurance company in Philippines and even takes up competition through the global marketplace. To do this the business focuses on improving the success and the efficiency of the work by bettering the quality of staff, technology through trying to reach segments which may have not yet been reached previously. New releases are always created in order to meet the ever-changing demands of customers. PT.
Asuransi Jiwasraya develops it is professionalism in the commercial and provides currently gained several honours including a Superbrand award intended for the category of Consumer’s Favorite Brand. Besides that it has likewise won a new Finance Prize for the 2nd time in 12 months of 2011. In all its business efforts, the corporation builds very good relationship with both the employees plus the society generally through sociable activities. You’re able to send subdisiaries contain: PT. Stannia Binekajasa and Koperasi Karyawan Jiwasraya. 0. 3 MANAGEMENT THEORY
The management theory that have been utilized by PT. Asuransi Jiwasraya, since observed, may be identified as Max Weber’s theory of supervision. The supervision theory of Max Weber is made in the early season of early 1900s, this management theory depend on the theory of authority set ups and relations is based on a perfect type of organization Weber called a (bureaucracy). The bureaucracy that Weber have make needs to have a trademark labor, expert hierarchy, formal selection, formal rules and regulations, impersonality, and profession orientation. The objective of weber making his scientific management theory is to associated with work activities can be done inside the large group. PT. Asuransi jiwasraya is a quite significant group. Hence, it uses Weber management theory because allows this company running their business more effectively and even more efficiently. PT. Asuransi Jiwasraya encourage staff to work according to the process that the company has made, while evidently shown in the obvious roles of several office that are specified in its website. The company made a composition of work for seperate departments in order to increase effectiveness and efficiency and reduce repetitive effort upon issues.
Every single worker may focus on the job assigned specially to these people, so that the staff can work well to satisfy the customers’ requires and wishes. PT. Asuransi Jiwasraya can be said to have a label of labor since tasks will be spread out among the workers. PT. Asuransi Jiwasraya also have a formal selection in selecting visitors to work in all their company, they will selected those based on all their technical certification. This is because REHABILITATION. Asuransi Jiwasraya want their particular workers to be professionals within their scope of and have the sincerity and skills in all the operate especially in the discipline of insurance and economic planning.
PT. Asuransi Jiwasraya also have formal rules and regulation, they may have the standard operating procedure that is clear to all the unit of work, all of the workers also have to provisions the very least level of well being of the organization (RBC), and everything the workers need to listen to the shoppers, identify, meet and even exceed the consumers’ needs and also anticipating the customers’ requirements in the future. The employees are also likely to adjust based on the customer’s expectations. PT.
Asuransi Jiwasraya also have career orientations where managers are profession professionals not owners of units that they manage, sot in this business the managers make sure that the employees work well to satisfy the customers’ needs and wants nevertheless the managers can be not the owners of what they manage. In PT. Asuransi Jiwasraya the owners are the investors. So for that reason PT Asuransi Jiwasraya are using the administration theory’s of Max Weber because PT. Asuransi Jiwasraya has fulfilled the paperwork of Maximum Weber. The Max Weber’s theory is definitely favorable for the company because it allows the organization to focus its effort upon its clear formal goals.
Government’s company are also prone to be said as packed with corruption, entente and nepotism, Max Weber’s theory of management as being a model utilized by PT. Asuransi Jiwasraya can reduce the probability of the issues while employees are appointed based on their performance and skills instead of their very own favorability among the workers. zero. 4 COMPANY’S ENVIRONMENT Environment are divided into two: micro and macro. According to businessdictionary. com, micro environment is defined as “factors or components in an company immediate area of operations that affect its performance and decision-making freedom (http://www. usinessdictionary. com/definition/microenvironment. html) micro enviroment consist of customers, suppliers, rivals, and pressure groups. 1 ) Customer. REHABILITATION. Asuransi Jiwasraya is client’s oriented there for customer’s are of significantly highimportanceto the company. Therefore, all the products develop by Jiwasraya is base on particular segmentation of its client’s the products that are available until now are tailored to focus on these categories of customers: a. Averse entrepreneur (example item: JS Prepare Dollar) w.
Adult with children (example product: Credit Multiproteksi As well as c. People in general (example: Asuransi Kecelakaan Diri) d. Organizations(example porduct: Asuransi Kesehatan) at the. Old persons (example porduct: Jaminan Hari Tua f. Students (example porduct: JS Prestasi) g. Workers (example porduct: Nilai Fleksibel) 2 . Suppliers. Managers must ensure that the daily requirement (supplies) that is necessary by the organization are makes its presence felt the lowest cost, and the director have to make certain that the suppliers delivers the needed inputs right on time.
So the managers of REHABILITATION. Asuransi Jiwasraya have to make certain that all the things the fact that company must keep the organization running has become fulfilled by suppliers, mainly because suppliers not merely have to hide the equipment to get the company, provide the monetary and labor inputs, in like manner keep the performance of PT. Asuransi Jiwasraya, the managers of REHABILITATION. Asuransi jiwasraya have to decide on the suppliers wisely, mainly because suppliers is among the important things to hold the performance of the organization. 3. Rivals.
In all types of businesses, profit or charitable possess competitors, and managers perhaps have been hit by the recent economic climate and are unable to ignore the competitors. REHABILITATION. Asuransi Jiwasraya also have sufficient competitors, and so they can’t transform that, however they can enough time competitors by giving better performance to the customers. Competition can be a confident influence or possibly a negative impact. A healthy competition encourages businesses to pursue the happiness of the requires of customers, as a result increasing the quality of product and satisfy consumers better.
But since company struggles to keep up with your competition in the market simply by utilizing most resources, it may become a poor influence leading to the fall of the corporation as a whole. Example of PT. Asuransi Jiwasraya’s opponents include: REHABILITATION. Asuransi Jiwa Manulife, PT. Prudential Lifestyle Assurance and PT. Asuransi Jiwa Sinarmas. 4. Pressure groups will be groups of inch Non-profit and usually voluntary business whose people have one common cause for which they seek to influence political or corporate decision makers to achieve a declared objective.
The managers must recognize the special fascination groups that attempt to affect the actions of firm. However , that seem the company has any pressure group. The other environment is usually macro environment. According to businessdictionary. com Macro environment is specify as “The major external and uncontrollable factors that influence an organization’s decision making, and influence its functionality and strategies (www. businessdictionary. com/definition/macro-environment. html#ixzz2NSE44Kgp) macro environment consist of: 1 ) Economic conditions. http://www. worldbank. rg/en/country/indonesia/overview Dalam negri continues to make a significant economic growth, in July 2012 the base outlooks for Indonesia is 6% and increase to 6, 3% within the year of 2013, also because of that the region gross national income can be rise coming from $2. 200 in the year of 2000 to $ 3. 200 back in of 2009. So it likewise make a great impact for the financial management of PT. Asuransi Jiwasraya. three or more. Political conditions http://asean. fta. government. nz/indonesia-political-situation/ http://directaction. org. au/issue35/currents_undermining_indonesian_political_stability http://www. orbes. com/2009/07/17/indonesia-jakarta-economy-hotels-opinions-contributors-yudhoyono. html Indonesia contains a quite secure political condition. Legal guidelines are set up and internal conflicts include currently subsided. Indonesia in addition has improved regarding its democracy as the dictatorship of Suharto was ended. Despite different politics issues including corruption and legal reformation, Indonesia could tackle troubles in politics such as the bombing that occurred last year. For this reason stability in political environment, companies in Indonesia which include PT.
Asuransi Jiwasraya get pleasure from predictable affect of legislation on their organization. In other words, any loss based on legal system fluctuation may be eliminated. Difficulties political flaw of file corruption error in Dalam negri however , really does affect the organization in a unfavorable way, as it creates a adverse perception of any government-related organization in the mind of its people. 4. Sociocultural conditions. Just about every customers include a changing attitudes and response. Thus managers need to adapt their practices to changing expectation of the society, as this kind of value, customized change so managers must change. REHABILITATION.
Asuransi Jiwasraya is offering a plan to make the consumers feel protect in every element of their life, So the managers’ job is usually to make a brand new innovation to make the customer more satisfy and feel more secure. So REHABILITATION. Asuransi Jiwasraya can meet the changing anticipations of the customers. In Indonesia, majority of the society is usually Muslim. This means that there is a dependence on the company to know that providers, especially a monetary service such as insurance has a differentiated regulations to individuals of Dalam negri, aside of the government legislation. The company should reply to this by providing an properly related services.. Technological circumstances. The ever increasing complexity and power of technology also affects the organization. All companies nowadays in this era need to be able to benefit from technology advancement. This is because it can increase the benefit of work done. As a part of a society exactly where technology keeps growing rapidly, REHABILITATION. Asuransi Jiwasraya has tailored to the technology and utilizes some beneficial technology to help its procedures. In the process of communication, for example , PT. Jiwasraya have always attempted to apply the most up-to-date in telecoms technology complements the velocity and precision of service.
The technology is called the JL-Indo and V-SAT. Through Indo JL-policy printing procedure can be done with the branch in which the policy given, while the V-SAT is a telecoms technology that links the entire office PT. Jiwasraya both Head Office, Regional Office or Branch Office into one unit (on line). REHABILITATION. Jiwasraya utilize this technology to back up for having successful communication environment. Other than that, the organization has also considered advantage of the limitless probability of internet including through the creation of web page and the institution of e-procurement system.. zero COMPANY COMPANY STRUCTURES Managers and their job descriptions: Plank of Comissioner: 1 . Djonny Wiguna installment payments on your M. Sapta Murti three or more. Sumiyati four. Sumyana Sukandar Comissioners are the government’s officials that are responsible for the company all together. Comissioners make company restrictions and decides on policies relating to external elements of the company such as countries and environments. Comissioners likewise train and employs persons for the managerial positions in the firm. (http://www. mrsc. org/subjects/governance/responsibilities. aspx) Board of Directors:. Leader Director: Hendrisman Rahim The president representative have a job to leading the implementation in the management company for the interests and objectives of the company, the president movie director also have to always be the planner of all the various other members with the Board of Directors in carrying out the duties and authority from the Board of Directors are set out in the Articles of Association, the president director have the responsibility to oversee the Secretariat Division as well as the Division of Inner Control Unit. 2 . Director of Protection: Hendrisman Rahim
The representative of insurance have a job to setting the culture with the company, movie director of insurance coverage also have a work to developing strategy and direction to get the company, movie director of insurance coverage also have a work leading the executive/senior managing of the company (including firing and hiring). 3. Administrators of Marketing: Para Yong Adrian The marketing director is in charge of the entire operation of industry’s marketing section, the director of marketing have responsibility to make the company is well known by the user’s, the directors of marketing also supervises and coaches the company’s marketing crew. 4.
Owners of Fund: Hary Prasetyo Finance Movie director has overall control and responsibility for all those financial areas of company approach and is supposed to analyse numbers and implement recommendations depending on these studies with the the majority of profitable final results, the economic management often managing and leading a team through difficult intervals including month end, year end and annual cost management, a Finance Director may have excellent conversation skills using levels of staff, often needing to work with various departments to help these groups plan and manage their particular budgets. Split Heads: 1 . Division Head of Secretariat: Sumarsono
Secretariat is defined as the administrative section of government organization(http://www. merriam-webster. com/dictionary/secretariat). The administrative division is usually responsible for daily accounting, organizational plan and of communications from and to the corporation. A admin as a part of the secretariat is usually responsible to support directors. 2 . Division Mind of Inside Control Unit: Erry Syafruddin This division’s work is always to make sure that each of the units inside the company work in accordance with the predetermined goals and considering work quality of people employed in the organization.
In addition they check documents that are related to observed concerns filed by directors and also preparing suitable letters of response three or more. Division Brain of Financial Accounting and Collection: Danang Suryono Financial division head’s task is always to solve problems related to finance. The section of financing makes economical policies for the sake of the company and report virtually any error to directors. Fund division brain creates this plan of the company and forsee virtually any financial possibility or issue that the company may confront. 4.
Split Head of Investment: Syahmirwan This department makes policies and plans on what resources the company ought to invest in or promote in order to keep you can actually financial attributes strong. The division monitor allthe property owned by the company and calculate investment risks for the company. five. Division Head of Human Resources: Udhi Prasetyanto Deals with the look and organizing of man capital from the company. Resolves any problems between the employees of the organization and document the single profiles of specific employees.
Is likewise responsible to refer to the workers pertaining to their work and any kind of complaints about the corporation, thus making them in charge arranging complaints to the different departments in the organization. The section manages the placing of new employees and making sure that fresh employees can do their expected work. Training and internship are also the areas that human resource section are responsible pertaining to. 6. Section Head of General and Fixtures: Kompyang Wibisana The division mind of standard and fitting have a job to create the total annual work programe for PT.
Asuransi Jiwasraya for the season, the head of general and fixtures have responsibilities to implement administrative affairs advertising and assistance with other functions, the head of general and fixtures also need to do the storage, distribution and maintenance of tools items. 7. Actuarial Section Head: Iswardi Division that computes the danger and possibility of death, marriage and birth and help insurance company decide their charge based on the statistical observation result.
The division ensures PT. Asuransi Jiwasraya get profit from the determined charge of assistance. 8. Brain of Label of Underwriting Full, Corporate: Umi Ratih Underwriting retail may be the one who have got responsibilities pertaining to providing performance and effective management of all underwriting department, this includes managing that the underwriting of all mortgage types provided by HomeStreet Bank, occurs on time and in compliance with organization and buyer guidelines.. Head of Label of Agency Full, Corporate: G. Agung Nugraha Susanta The top of organization retail have to be responsible to development according to retail standards and ensuring adherence to timelines, Label of agency selling is a individuals that is responsible for advertising the product of PT. Asuransi Jiwasraya that just in the form of retail and also have to deal with all the managing of agency retail in PT. Asuransi Jiwasraya. 12.
Division Brain of Full, Corporate Advertising: Fitriansyah The top of selling and corporate offering have a job to watch and organize all the governments and staff division of retail and corporate sales in line with the span of control, head of retail also have to coordinate and be in charge of the creation of command updates relative to the development of market industry insurance matters relating to strategy (Pattern) Retail and company sales. 10.
Head of Marketing Division: Leonard Tambunan The job from the marketing department is to manage product, value, distribution and promotional method for the company. Therefore the department plans on what products to be made, in which it will be promoted, and the value of the item and how to generate better organization image when meeting the needs from the costumers throughout the value from the product. doze. Division Mind of Information Technology: Ari Faizal Aliaini The division brain of information have work to supervise the development, execution, and use of technology through the entire firm.
The division mind of information technology also have the obligation to selection the information devices and telecoms activities, which includes determining end user requirements, suggesting practical solutions, and leading firm-wide efforts to improve the effective utilization of technology, the division mind of technology also have duties to provide competence and support during program upgrade, set up, conversion, and file protection. 13.
Split Head of Pension Fund Financial Institution: Lusiana The section manages the fund specific for the pension fund for employees that retires from the organization due to era, health or perhaps disability factors. It helps to ensure that retired staff are given their particular rights so they really may gain benefit because they have been beneficial to the company throughout their year of services. In this way, the company continues to make personnel feel that they may be appreciated. On the whole, Division Mind are responsible of supervising management staffs properly.
They are expected to be in impose of interpretation regularizations in policies the fact that division should follow within their activities. Split Heads are in charge of producing necessary changes and proposing plans concerning their partitions in a way that will assist the split to develop. Among the jobs of any division head is to be an innovator for the individuals who operate the section. Therefore , a division mind should be able to help the workers, supervise and evaluate their function and give proper feedback to the workers. Apart from that they are dependable to create a very good relationship between division and customers generally. http://www. bestsamplejobdescription. com/director-job-description-2/division-director-job-descriptio/) Regional Managers: 1 ) James Tomasoa Jakarta I actually Regional Director 2 . Saripudin Bandung Local Manager three or more. I Nyoman Surata Semarang Regional Director 4. Turn Susanto Surabaya Regional Administrator 5. Libertus Ompusunggu Makassar Regional Director 6. Bachruddin Manado Regional Manager several. Novi Rahmi Palembang Regional Manager 8. Sulik Harsono Malang Local Manager being unfaithful. Jumino Balikpapan Regional Director 10. Karmanto Pekanbaru Local Manager 10. Dafras Jakarta II Local Manager doze. Dwi Laksito Pontianak Regional Manager a few. Rotua Pasaribu Medan Local Manager 14. Adi Susanto Denpasar Regional Manager 12-15. M. Idris Cirebon Local Manager 18. M. Arifin Yogyakarta Local Manager 18. Supardi Sudiro Jakarta 3 Regional Director Regional managers are responsible pertaining to driving product sales in the area of their very own responsibility through good leadership, customer-relationship and strategies. In businesses where the product is by means of goods, they may be responsible for merchandising of the organization, but as REHABILITATION. Asuransi Jiwasraya is a service provider, regional managers are not expected to be responsible for merchandising.
Regional managers must be capable to communicate you can actually goals with each individual stores in its region. They also have to monitor that all activities are executed in accordance with the regulations in the company which all perform meets the expectancy with the corporation. (http://www. paper-source. com/jobs/Regional-Manager-Job-Description. pdf) 6. 0 COMPANY MOTIVATION Just about every company need to have a goal which should be achieved, to achieve that every organization have to be capable of applying all of methods that the firm has which include human resource. Recruiting are very significant on every stage that the business has made.
The success of the company is depends on it is performance. The performance from the workers within the company depends on: personality and ability, job difficulty, reference availability, doing work conditions and chance or luck. But besides that, another important factor that contributes to performance is the motivation provided by the company to its workers is given by the company. One among motivation that is given by PT. Asuransi Jiwasrayal is by providing the compensation economic. Compensation financial is a determination that is given by the company simply by giving the employees an incentive in the form of funds.
And the result can be, PT. Asuransi Jiwasraya features successfully increasing the performance of the workers. PT. Asuransi Jiwasraya could also motivate the employees by making various events that may allows relation of workers to develop. So by causing many incidents between the employees it can increasing the sense of belonging of the buyers. PT. Asuransi Jiwasraya have got a program called “management efficiency system the goal from making this functionality management system should be to measure the functionality of the workers work, and the end result is that the employees on REHABILITATION.
Asuransi Jiwasraya not yet supplying the best of their performance. The desire for the employee’s to offer the goal with the company remain small , for that reason reason PT. Asuransi Jiwasraya is motivating employees by giving a job growth to the personnel. By giving the task enlargement it offers the employees to dedicate even more effort to their jobs, So that it can make the employees feel that they must achieve more than the particular company has expected, so it make an excellent motivation intended for the employees, and in addition give a great impact pertaining to the company overall performance because the personnel will work in the industry’s favor.. zero Company’s ideal management process 1 . Determining the company’s current mission, goals and strategies: Company’s mission: Provide assurance, security and convenience through the use of competitive and innovative solution to customers looking for insurance and financial organizing. The company’s current goal is to be one of the top five biggest insurance provider and to extended range term turns into a globally regarded insurance company. 2 . Identifying external factors: Option and risk:
The opportunity that arises to get companies in insurance support providing business for the year of 2013 is the craze of increasing number of people purchasing insurance online. The threat faced by the firms is the fact that insurance company frequently mis-sell all their product. This means that an insurance provider might have marketed their merchandise to people who also really does not require the product. One more threat faced by the organization is people’s negative attitude towards insurance provider, as declaring any reimbursement is thought as a complicated process. a few.
Identifying interior factors: Provider’s strength: 1 . The company has become established for years, so it provides a strong fundation 2 . It is a well-structured organization and careers are identified clearly for everybody in the company allowing them to give attention to their person task, therefore developing professionalism 3. Good relationships between your company’s personnel 4. Has won awards that may maximize its believability in the eye of potential market together with a “Best Life Insurance award 5. Has established connection with various other trusted corporations 6. PT.
Asuransi Jiwasraya has gained its user’s loyalty since proven by simply its award in 2005: “Indonesian Customer Loyalty Award Company’s disadvantages: 1 . You can actually background theory, the Greatest extent Weber theory of managing results in losing flexibility. 2 . The company is incredibly oriented to satisfying a limited group of people which can be Indonesian people who everything is established in a good Indonesian culture. 3. Deficiency of promotional efforts 4. The organization has yet to utilize technology in its advantage to it is maximum potential Creating strategies
These are generally the tactics used by REHABILITATION. Asuransi Jiwasraya: The current strategy applied is usually new product development, improvement from the quality of human resources and investment upon information technology. 1 . New product development. The company is constantly on the create new releases that provide the demands of the clients better. For example , in the year of 2012, the organization created 5 traditional companies 2 “unit-linked products that are claimed being more flexible because the customer usually takes fund out and spend more pay for after six months of the 1st investment. http://www. jiwasraya. co. id/detailberita. php? id=486&lang=id) installment payments on your PT. Asuransi Jiwasraya attempts to penetrate marketplace of different section. The company is growing but as the prospective of boost is certainly not reached, the organization expands its area of srvice by aimed towards new marketplace segment which can be of the more youthful group of people. The company makes new roduct that gives benefit especially to learners. (http://keuangan. kontan. co. id/news/kinerja-jiwasraya-meleset-dari-target) 3. Improvement of quality of recruiting. Utilization of technology in the business for example the business of the e-procurement (online purchasing of insurance) by the firm (http://systemloverz. wordpress. com/2012/12/14/penerapan-e-procurement-untuk-mewujudkan-good-corporate-governance-di-bumn/) five. Increasing the quantity of agents in the organization 6th. Establishing and maintaining effective relationship with other companies 7. Gain great reputation through different charity actions The business has a good strategic managing process.
The flaw for the strategy is that the company is extremely focused on it is goal of reaching even more premium and of creating better quality products the fact that company manage to neglect the very fact that advertising is an important component in business. The company needs to increase its budget on advertising and its rate of recurrence of marketing. They need to build ways pertaining to target market to discover more regarding them rather than letting the target market locate them by possibility. This is also true like a people makes their alternatives based on the fact that the organization
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