ISJ Theoretical & Applied Science 01(117) 2023

Philadelphia, USA

Syapsan, Pailis, E. A., Darmayuda, & Aulia, A. F.

BUMD Performance Optimization in Raise if Origin Revenue (PAD) Rokan Hilir District.

Full Article: PDF

Scientific Object Identifier: http://s-o-i.org/1.1/TAS-01-117-43

DOI: https://dx.doi.org/10.15863/TAS.2023.01.117.43

Language: English

Citation: Syapsan, Pailis, E. A., Darmayuda, & Aulia, A. F. (2023). BUMD Performance Optimization in Raise if Origin Revenue (PAD) Rokan Hilir District. ISJ Theoretical & Applied Science, 01 (117), 542-551. Soi: http://s-o-i.org/1.1/TAS-01-117-43 Doi: https://dx.doi.org/10.15863/TAS.2023.01.117.43

Pages: 542-551

Published: 30.01.2023

Abstract: The study's goal was to pinpoint the internal and external components of the Rokan Hilir Regency BUMD and develop priority plans for enhancing the BUMD's performance toof the study was to pinpoint the internal and external components of the Rokan Hilir Regency BUMD and develop priority plans for enhancing the BUMD's performance order to raise Rokan Hilir Regency PAD. Analyzing BUMD conditions was done at the research site in Rokan Hilir Regency. By identifying BUMD issues in Rokan Hilir Regency and developing methods to improve BUMD performance to raise Rokan Hilir Regency PAD, this research employed a qualitative methodology.The study's findings demonstrate that BUMD's strengths include its (1) highly important business location; (2) robust capital aspect; (3) supported by technology; and (4) enormous natural resource potential. Weak BUMD management, a disproportionate number of workers, a lack of innovation and product development, and a lack of oversight are among the reasons that contribute to weakness. While the opportunity considerations include the following: (1) the post-Covid-19 economic recovery on a global, national, and regional level; (2) potential commercial alliances with other parties; (3) policy support from the Rokan Hilir Regency Government; and (4) widespread acceptance of BUMD.The threat factors also include (1) shifts in the price of palm oil, which reduces people's purchasing power; (2) leadership changes at regional levels and political pressure from outside BUMD; (3) business rivals supported by qualified human resources and superior technology; and (4) the inability of BUMD human resources to keep up with the rapid pace of technological advancement. In quadrant, I, the primary plan for enhancing BUMD performance is located.

Key words: BUMD, PAD, Strengths, Weaknesses, Opportunities, Threats and Priority Strategy.