Risk handling strategy for vegetable business in P2L Ngongak Tanduran

Authors

  • Dian Ardifah Iswari Universitas Muhammadiyah Madiun, Bio-Enterpreneurship Department
  • Irfan Miftahul Fauzi Universitas Muhammadiyah Madiun, Bio-Enterpreneurship Department
  • Ihwan Susila Universitas Muhammadiyah Surakarta, Management Departement
  • Santosa Pradana Putra Setya Negara Universitas Muhammadiyah Madiun, Bio-Enterpreneurship Department
  • Sherly Octaviana Putri Universitas Muhammadiyah Madiun, Bio-Enterpreneurship Department
  • Febricha Sang Dwi Anggha Universitas Muhammadiyah Madiun, Bio-Enterpreneurship Department

DOI:

https://doi.org/10.33830/isst.v3i1.2324

Keywords:

Analytical Hierarchy Process, business, entrepreneurship, risk, strategy

Abstract

Sustainable Food Yard is a program from the Madiun Goverment to to improve the post-pandemic community economy. In 2023 P2L will fund their business using its own capital. In the management of a business certainly cannot be separated from the risk. The method to define the strategy was Analytical Hierarchy Process (AHP). Identified risks are caused by five things, namely man, machine, money, material, and method. The highest risk experienced by P2L Ngongak Tanduran is that they do not have contracts with workers, lack of the capital, and unskilled workers. The strategy to minimize the risks are minimizing the risks that occur at P2L Ngongak Tanduran include training for workers, establishing communication with third parties, scheduling, and establishing Standard Operational Processes

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Published

02/29/2024

Conference Proceedings Volume

Section

Sustainable Living through Functional and Eco-friendly Agricultural Trends