Market Growth Strategy in the Railway Signaling Industry
DOI:
https://doi.org/10.55927/eajmr.v5i1.547Keywords:
Market Growth Strategy, Railway Systems, Profitability, Competitive Advantage, Business StrategyAbstract
This research seeks to develop a practical and influential strategy for market expansion to revive the profitability and competitive standing of PT XYZ in the face of shrinking margins and market share within Indonesia's railway signaling sector. Employing a business case study methodology, the investigation combines internal and external strategic evaluations, encompassing PESTEL analysis, Porter’s Five Forces with weighted assessments, SWOT–IFAS/EFAS frameworks, the Grand Strategy Matrix, and the Analytic Hierarchy Process (AHP). The evaluations draw on corporate performance metrics, sector reports, and competitive trends from 2021 to 2024. The outcomes suggest that a targeted market expansion approach, centered on market penetration, operational streamlining, and value enhanced operation and maintenance (O&M) services, is the most practical pathway. These insights offer actionable strategic guidance for enhancing profitability and bolstering competitiveness in state controlled infrastructure sectors.
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