Identification of newspaper concerns about the adaptation plan for business strategies entering new normal era in Indonesia

https://doi.org/10.31295/ijbem.v3n1.193

Authors

Keywords:

business strategy, COVID-19 impacts, entering new normal, financial crisis, newspaper voices

Abstract

This article identified national newspaper headlines that articulate the business strategy adaptation entering a new normal era. Many studies discuss profitable business strategies in the era of the economic crisis since the Covid-19 pandemic. However, very few have solved an adaptive business strategy without ignoring the safety risks of the danger of the coronavirus. To identify how business practices are adaptive strategies, a search for news sources in national newspapers has been carried out. After collecting data using keyword search, then proceed with descriptive analysis under a phenomenological approach. The analysis covered the themes of coding, revision, evaluation, writing conclusion, and proofreading. All steps were taken to ensure the main points of this finding have answered research questions with the principles of validity and reliability. As a result, 10 newspapers were talking about the preparation of business strategy adaptive entering a new normal era. It is hoped that the concern from various economic experts will be a sound academic contribution and insights as evidence of public interest in challenging times. Therefore, these findings will support the recovery of the current state of national economic status under the government policy to economic normalization as part of the response to the pandemic time.

Downloads

Download data is not yet available.

References

Abdurrahman, D., Willison, J., & Sabir, F. (2017). International postgraduate students’ perception of the research skill development framework. In National Conference on Teachers' Professional Conference (Vol. 1, pp. 77-81).

Acemoglu, D., Chernozhukov, V., Werning, I., & Whinston, M. D. (2020). Optimal targeted lockdowns in a multi-group SIR model. NBER Working Paper, 27102.

Alves, J. C., Lok, T. C., Luo, Y., & Hao, W. (2020). Crisis Management for Small Business during the COVID-19 Outbreak: Survival, Resilience and Renewal Strategies of Firms in Macau.

Azka, R. M. (2020). Implementasi Smartport, Solusi Logistik saat New Normal | Ekonomi. Bisnis.Com.

Baldwin, R. (2020). The Greater Trade Collapse of 2020: Learnings from the 2008-09 Great Trade Collapse. VoxEU. org. URL https://voxeu. org/article/greater-trade-collapse-2020.

Barbieri, C., & Darnis, J. P. (2020). Technology: An exit strategy for COVID-19. Comment ist aff internazionali comment March. Published online, 1-4.

Berwick, D. M. (2020). Choices for the “new normal”. Jama, 323(21), 2125-2126.

Bick, A., Blandin, A., & Mertens, K. (2020). Work from home after the COVID-19 Outbreak.

Capelos, T., Exadaktylos, T., Chrona, S., & Poulopoulou, M. (2018). News Media and the Emotional Public Sphere| The Emotional Economy of the European Financial Crisis in the UK Press. International Journal of Communication, 12, 26.

Cheng, C., Barceló, J., Hartnett, A. S., Kubinec, R., & Messerschmidt, L. (2020). Covid-19 government response event dataset (coronanet v. 1.0). Nature human behaviour, 4(7), 756-768.

Claessens, S., Kose, M. M. A., Laeven, M. L., & Valencia, F. (2014). Financial crises: Causes, consequences, and policy responses. International Monetary Fund.

de Caro, F., Hirschmann, T. M., & Verdonk, P. (2020). Returning to orthopaedic business as usual after COVID-19: strategies and options. Knee Surgery, Sports Traumatology, Arthroscopy, 1.

Fernandes, N. (2020). Economic effects of coronavirus outbreak (COVID-19) on the world economy. Available at SSRN 3557504.

Gates, B. (2020). Responding to Covid-19—a once-in-a-century pandemic?. New England Journal of Medicine, 382(18), 1677-1679.

Grant, W. B., Lahore, H., McDonnell, S. L., Baggerly, C. A., French, C. B., Aliano, J. L., & Bhattoa, H. P. (2020). Evidence that vitamin D supplementation could reduce risk of influenza and COVID-19 infections and deaths. Nutrients, 12(4), 988.

Hamdani, T. (2020). Cegah Resesi, RI Harus Mulai New Normal? detikfinance.

Hamzah, A., Yazid, M. F., & Shamsudin, M. F. (2020). Post covid-19: what next for real estate industrial sector in Malaysia?. Journal of Postgraduate Current Business Research, 1(1).

Hermawan, D. (2020). Ini Peran Teknologi Dalam Penyelenggaraan Event Pasca Covid-19—Pikiran-Rakyat.com.

Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Reyes, C. A. M., Prochotta, A., ... & Berger, E. S. (2020). Startups in times of crisis–A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, e00169. https://doi.org/10.1016/j.jbvi.2020.e00169

Lai, C. C., Wang, C. Y., Wang, Y. H., Hsueh, S. C., Ko, W. C., & Hsueh, P. R. (2020). Global epidemiology of coronavirus disease 2019: disease incidence, daily cumulative index, mortality, and their association with country healthcare resources and economic status. International journal of antimicrobial agents, 105946.

Lararenjana, E. (2020). 7 Persiapan New Normal Aktivitas Perekonomian di Era Pandemi COVID-19.

Lee, J. (2020). Mental health effects of school closures during COVID-19. The Lancet Child & Adolescent Health, 4(6), 421.

Liputan6.com. (2020, May 29). Target dan Strategi Perusahaan Harus Berubah di Era New Normal. liputan6.com.

Liu, Q., Zheng, Z., Zheng, J., Chen, Q., Liu, G., Chen, S., ... & Zhang, C. J. (2020). Health Communication Through News Media During the Early Stage of the COVID-19 Outbreak in China: Digital Topic Modeling Approach. Journal of Medical Internet Research, 22(4), e19118.

Loayza, N. V., & Pennings, S. (2020). Macroeconomic policy in the time of COVID-19: A primer for developing countries.

Maital, S., & Barzani, E. (2020). The Global Economic Impact of COVID-19: A Summary of Research. Samuel Neaman Institute for National Policy Research.

Manullang, S. O., & Satria, E. (2020). The Review of the International Voices on the Responses of the Worldwide School Closures Policy Searching during Covid-19 Pandemic. Jurnal Iqra': Kajian Ilmu Pendidikan, 5(2), 1-13.

McKibbin, W. J., & Fernando, R. (2020). The global macroeconomic impacts of COVID-19: Seven scenarios.

Murashkin, M., & Tyrväinen, J. (2020). Adapting To The New Normal: A Qualitative Study of Digital Leadership in Crisis.

Nicola, M., Alsafi, Z., Sohrabi, C., Kerwan, A., Al-Jabir, A., Iosifidis, C., ... & Agha, R. (2020). The socio-economic implications of the coronavirus pandemic (COVID-19): A review. International journal of surgery (London, England), 78, 185.

Papadopoulos, T., Baltas, K. N., & Balta, M. E. (2020). The use of digital technologies by small and medium enterprises during COVID-19: Implications for theory and practice. International Journal of Information Management, 55, 102192. https://doi.org/10.1016/j.ijinfomgt.2020.102192

Putra, P., Liriwati, F. Y., Tahrim, T., Syafrudin, S., & Aslan, A. (2020). The Students Learning from Home Experiences during Covid-19 School Closures Policy In Indonesia. Jurnal Iqra': Kajian Ilmu Pendidikan, 5(2), 30-42.

Ramadhani, P. I. (2020). Strategi untuk Pelaku Usaha Pulihkan Bisnis Saat Kenormalan Baru. Merdeka.Com.

Rasti R. (2020, May 9). Ini Dia Beberapa Sektor UMKM yang Paling Terdampak COVID-19. MNews.

Siswandini, N. (2020, June 14). Membangun Bisnis di Era New Normal, Perhatikan Sejumlah Hal Ini | Entrepreneur. Bisnis.Com.

Smith, J. A., & Osborn, M. (2020). Interpretative Phenomenological Analysis. Qualitative Psychology, 28.

Wang, Q., & Su, M. (2020). A preliminary assessment of the impact of COVID-19 on environment–A case study of China. Science of the Total Environment, 138915. https://doi.org/10.1016/j.scitotenv.2020.138915

Wang, Y. S. (2009). The impact of crisis events and macroeconomic activity on Taiwan's international inbound tourism demand. Tourism Management, 30(1), 75-82. https://doi.org/10.1016/j.tourman.2008.04.010

Warta Ekonomi. (2020). Galeri Foto Jakarta Eastern Corridor—Market Highlight 2020.

WHO. (2020). Coronavirus Disease (COVID-19)—Events as they happen.

Widyastuti, Rr. A. Y. (2020). Kala Gubernur Bank Indonesia Sangat Emosional Bicarakan Corona—Bisnis Tempo.co.

Willison, J., & O’Regan, K. (2007). Commonly known, commonly not known, totally unknown: a framework for students becoming researchers. Higher Education Research & Development, 26(4), 393-409.

Yu, J., Zhou, K., & Yang, S. (2019). Regional heterogeneity of China's energy efficiency in “new normal”: A meta-frontier Super-SBM analysis. Energy Policy, 134, 110941. https://doi.org/10.1016/j.enpol.2019.110941

Published

2020-11-23

How to Cite

Manullang, S. O. . (2020). Identification of newspaper concerns about the adaptation plan for business strategies entering new normal era in Indonesia. International Journal of Business, Economics & Management, 3(1), 203-211. https://doi.org/10.31295/ijbem.v3n1.193