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This article aims to explain the processes carried out by management at PT. LMC is used to determine company strategy for partnership activities. Several analyses are carried out to determine the company's strategy, such as market analysis, industry analysis, company analysis, SWOT analysis, and risk analysis. After conducting various analyses, company management can formulate a strategic plan, determine a partnership strategy model, and implement the strategy that has been chosen while still paying attention to possible risks. This research uses a qualitative analysis approach with a case study method. By conducting a comprehensive analysis, the management of PT. LMC can determine strategic plans effectively and implement partnership programs consistently while minimizing possible risks. Apart from that, the partnership operational division can carry out the strategy in stages with clear goals and targets to be more efficient. Management can continue to carry out regular monitoring activities to see whether the partnership program is still running well and making a contribution to the company. This article discusses the process of determining company strategy based on comprehensive analysis, which combines several analyses so that management can evaluate policies and supervise them effectively. [ABSTRACT FROM AUTHOR]

This article explores the effective establishment of governance and corporate culture within companies by implementing the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM). Utilizing COSO ERM provides an understandable framework for shaping corporate governance, defining company strategy, instilling culture and values, and appreciating competent employees. The study demonstrates that companies implementing COSO ERM's governance and culture components can attain their anticipated goals by minimizing potential risks. By employing a qualitative case study analysis, researchers explored the topic in depth; the research focuses on PT. Agro, revealing its successful implementation of COSO ERM's governance and culture components. The findings showcase PT. Agro established robust directorial supervision, an effective assessment system, adoption of a three-line organizational structure prioritizing risk control, and cultivation of an influential work culture through applying the BISA culture and IACE company values. The article emphasizes the significance of employees as valuable assets for companies, with PT. Agro consistently develops competent individuals for mutual benefit. Through ongoing training, skill-building workshops, and mentorship programs, PT. Agro invests in its workforce, fostering a culture of excellence and innovation. This commitment strengthens internal capabilities and nurtures employee satisfaction and loyalty. This study contributes to the limited discussion on the COSO ERM governance and culture components, providing a detailed exploration of the five principles and serving as a valuable material for future research in other companies. [ABSTRACT FROM AUTHOR]

This article aims to explain the development of management theory, especially Henri Fayol's management principles, which became a new phenomenon in 1916. Henri Fayol's management principles led to changes in the company's management system, not only in terms of company management but also contributed to the role of managers in a company so that managers can carry out management functions such as planning, organizing, directing, coordinating and controlling so that company goals are achieved. This principle should still be relevant today, where the development of information technology continues to advance. Of course, Henri Fayol's management principles will improve the quality of company management and corporate governance. This article will discuss the development of management principles by Henri Fayol in implementing control in the banking industry in Indonesia because, as an industry that manages public funds, it is essential to implement good governance and management principles. This research uses descriptive qualitative analysis methods. Henri Fayol's contribution to management science, especially in corporate governance in the Indonesian banking sector, has significantly impacted the understanding and implementation of management principles. Fayol's principles, such as esprit de corps, initiative, unity of direction, authority and responsibility, remuneration, division of work, and discipline, help create a work environment that is harmonious, productive, and oriented towards common goals. Implementing sound corporate governance by combining these principles can increase transparency, accountability, and overall performance in the Indonesian banking sector, maintain stakeholder trust, and ensure business continuity amidst economic dynamics and changes in the business environment--Development principles. This article discusses several literature articles and then concludes whether the development of Henri fayol's management principles has a role in corporate governance applied to the Indonesian banking industry. [ABSTRACT FROM AUTHOR]

PT. Agro is a growing company engaged in the plantation sector. As a growing company, companies need to improve company performance by implementing a risk management process based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM) to reduce disruption to daily operational activities, and companies can allocate resources more effective and efficient so that company goals can be achieved. To implement COSO ERM effectively, companies must conduct a thorough coordination and integration process in their operational activities. This qualitative study aims to analyze the application of COSO ERM in controlling operational risk in the trading division at PT. Agro. The risk management process carries from the risk identification process to the monitoring process. The results of this study indicate that the trading division has significant risks in its primary activities. Hence, it is necessary to carry out a monitoring process and appropriate actions to control these risks not to harm the company. [ABSTRACT FROM AUTHOR]

Purpose - This article explains the advantages and disadvantages of using deductive and inductive approaches in qualitative research. Each approach has functions and characteristics according to the research being conducted. This research explores the advantages of combined deductive and inductive methods in various research fields, from qualitative to accounting. The first article discusses the differences in generalisability approaches in quantitative and qualitative research, highlighting the use of deductive approaches in qualitative research. The following article discusses dualism in Qualitative Content Analysis (QCA) and shows the advantages of combining inductive and deductive approaches. Other studies have looked at the pitfalls of both inductive and deductive methods in qualitative research. In contrast, others have detailed the benefits of approaches that combine deductive and inductive in the context of intercultural collaborative design. In addition, the article on the role of deductive and inductive reasoning in the development of accounting theory provides in-depth insight into how the two approaches can complement each other. Recent research offers practical and theoretical suggestions, including flexibility in research design and the adoption of an atheoretical approach to interviewing. By engaging these concepts, this research contributes to the holistic understanding and diverse use of deductive and inductive methods in multidisciplinary research. Methodology - This research uses descriptive qualitative analysis methods Findings - Applying a combined method of deductive and inductive approaches can increase the accuracy and precision of research results and produce more transparent and relevant findings. Thus, the use of both approaches together has the potential to significantly contribute to advancing knowledge in various research disciplines. [ABSTRACT FROM AUTHOR]