The Visiting Professor Series of the Kompetisi Kampus Merdeka Program (PKKM) 2022, hosted by the Management Study Program, Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) Surakarta, goes on. In their recent agenda, the Management Study Program invited Prof. Clotilde Coron, from Sorbonne Business School, France, to a Guest Lecture Management: Organizational Theories and Flexibility Organizational Design. The event was conducted virtually through the Zoom Cloud Meeting and was attended by 270 participants.
Starting the discussion of organizational theory, Prof. Coron explains the definition of organization and organizational theory. In general, she explained that an organization is a group of individuals with the objective of accomplishing a specified goal. However, in real life, there must be challenges faced by an organization to achieve its goal. These problems are usually related to the alignment between the individual and organization’s objective, distribution of duties, and control process. “Therefore, in an organization, it is crucial to ensure that all members have a similar objective to the organization’s goal. Hence, an organization must ensure that the collaborative objective within the organization can be internalized as members’ objective,” explains Prof. Coron.
Meanwhile, regarding organizational theory, Prof. Coron explained various commonly-used theories to understand an organization. Further, she explained the classical theories, human relations, contingency theories, and systemic theories. “Not all organizations have the same system. There is a specific characteristic in each organization, which is affected by internal factors such as technology, strategy, qualification level, organization’s age, and size. In this matter, a theory is focused on the function and objectives of an organization to improve its efficiency,” reveals Prof. Coron.
After the material presentation, the event conducted on Thursday, October 27th, 2022, continues with a questions and answers session led by Dr. Wulan Permatasari, SE., MM., as Moderator. The participants’ enthusiasm, which was dominated by students, was proved by the number of questions delivered by participants.
The event went interactively with the attendance of the lecturers of operation management study from the Management Study Program and was led by Alifah Fibayani, MSc., as the Moderator. Opening the material presentation, Prof. Chicksand invited the participants to answer a question regarding the journal ranking system in Indonesia, whether Indonesia follows the Scopus and Scimago system or adopts a specific system in the country. Following the opening question, the Professor explains the first step to be prepared by a researcher before publishing their research articles. “Right now, getting published in a reputable international journal is getting harder. Before starting the publication process, it is better if you have a specific theme for you to follow, either to develop the existing research or to establish your expertise identity as a researcher,” reveals Prof. Chicksand.
The existence of the internet has brought a substantial effect on the business sector, encouraging corporations and MSMEs to expand their business by taking advantage of the internet, especially e-commerce. The Polengan Village’s BUMDES and MSMEs have long realized this opportunity, but many of the MSMEs in the village are yet to know and understand how to adopt digital marketing.
The following session was packaging training, considering that after understanding how to attract customers’ attention through a picture, the MSMEs’ entrepreneur can enhance their packaging to add value to their product. This session is delivered by Salsabilla Indah, who shows the stages of designing beautiful and enticing packaging for prospective customers.
To survive, the MSMEs sector must keep on innovating to deliver premium products and services to their customers. This problem brought concern to BUMDES and MSME in Polengan Village, Srumbung Sub-District, Magelang Municipality, which attempted to initiate an innovation to process material available in their surrounding environment.
This training was conducted on 20 July 2022 in collaboration with Mr. Bambang Tri Admojo, who demonstrated several dishes and cuisines using local vegetables in front of the BUMDES and MSMEs in Polengan.
The participants’ enthusiasm and interest during the training are shown in their efforts to keep up with the cooking process.
Through the Zoom Cloud Meeting platform, the agenda was attended by 80 participants and was led by Dr. Yong Dirgiatmo, a lecturer of the Management Study Program, as Moderator. In this agenda, Prof. Chicksand delivered material entitled ‘Operation Research, Capacity Management, and Queuing Theory’ for about 75 minutes, divided into two sessions.
The meeting agenda entitled ‘Curriculum Development in Entrepreneurship’ discusses Entrepreneurship MBKM program implementation, which the Study Program currently hosts. The MBKM program is an independent study program that provides opportunities for students to study material or topics according to students’ interests. Eleven students are currently participating in the MBKM entrepreneurship program, divided into 8 (eight) groups.
Further, Prof. Yuhanis admitted that the report prepared by the study program seemed quite concise. Thus, further elaboration can be added to provide more detailed information and guidelines for the appointed student supervisor. Regarding the final project system applied in the program, Prof. Yuhanis emphasized the importance of the expected targets of the Final Assignment assessment, whether students are expected to do research or not. For the Final Assignment, an assessment rubric is also required.
Liquidity risk can occur under two types of circumstances, a result of specific events or due to systemic conditions. Specific events liquidity risk normally occur due to internal conditions of the bank or a specific event happened, for example, debtors that fail to settle periodic installments, which then disrupts the bank’s liquidity level. This condition, according to Prof. Fiordelisi, requires more attention from bank managers.
At the virtual guest lecture conducted through the Zoom Cloud Meeting on Tuesday (12/10/2021), Prof. Fiordelisi delivered material on financial management, specifically in risk management. At the beginning of his material presentation, Prof. Fiordelisi explained the definition of risk management in the banking sector, which includes two types of risk, interest risk and credit risk. He further explains the difference between risk and uncertainty, which is often considered to have the same meaning. In this case, according to Prof. Fiordelisi, there is little difference between risk and uncertainty.