Resiliency and Existence of the Dairy Farm Cooperative in the Era / Period of Pandemic, Digital Economic, Creative Economic, and Free Market

(Case Study of Setia Kawan Dairy Farm Cooperative, Nongkojajar, in the Regency of Pasuruan, East Java)

DOI

10.2991/978-2-38476-090-9_18How to use a DOI?

Keywords

Resiliency; Existence; Compete; Competitiveness

Abstract

Fact Finding of this paper is Setia Kawan Dairy Farm Cooperative was full capable to compete and remaining existence in the period of pandemic, digital economic, and free market. Setia Kawan Dairy Farm Cooperative not only capable to compete with other Dairy Farm Cooperative but they also capable to compete with Bank, because Setia Kawan Dairy Farm Cooperative was capable give loan to they members until 1 billion without collateral guarantee for member which are able to produced of 1 grade fresh milk until 800 L every day. Frankly speaking, in case of bank loan, many bank customer very difficult to find loan until 1 billion from bank although they have enough collateral guarantee. Financial resiliency and competitiveness of Setia Kawan Dairy Farm Cooperative was really fantastic because they capable compete with bank. In the period of digital economic and creative economic right now many start-up corporate appear and grow not only world wide level but also in Indonesia, but in FY 2022 half of start-up in Indonesia was bankrupt, this reality was making shock for us because from beginning we are hope this kind of start-up corporate will be new alternative economic institution which are capable to good solution of increasing people income and many worker can works. From this reality we are will back to see ours cooperative which will be become good alternative and good solution in the future to increase people income and worker place including Indonesia economic resiliency. Cooperative in ours constitution UUD 195 as a economic teacher for Indonesia people originally have good purpose and meaning, that why we have to study and to improve all type of ours cooperative in any way to increase Indonesia economic in the future. Setia Kawan Dairy Farm Cooperative was capable existence and have high competitiveness to other including with bank, because Setia Kawan Dairy Farm Cooperative was managed by 5 (five) principles and strategy that are: (1) Implementing Principle of Honest, Capable, Hard worker, and responsibility including quick responsive and responsiveness for all administrator / manager, supervisor, and members including around people in the area, Honest only not enough without capable, (2) Cooperative must be do and concentrate only business cast (Cor Bisnis) and make guard to business cast that is producing of first grade fresh milk, and its derivative products, although Setia kawan Dairy Farm cooperative also have animal feed factory as popular calling cipro animal feed. Cooperative was able to making resiliency regarding with animal feed and they do need depending to import of animal feed, Cooperative always updates and renew of main production and its derivative products, (3) Setia Kawan Dairy Farm was making good partnership not only with University / College both domestic and foreign universities, but also with Milk processing industry (IPS) and State Corporate. we can give and take between theory and practice to share solution when we have any problem and improve managerial practice, (4) Setia Kawan Dairy Farm Cooperative was doing training and empowering to all administrator / manager, supervisor, and all members to manage cooperative and to product first grade fresh milk production, (5) Setia Kawan Dairy Farm Cooperative was implementing of openness principle to all stake holder, especially to ours members. We are recommendation that all Businessmen, Cooperative, Private Business, Start-up corporate, state corporation, and others will be remain existence and have high competitiveness if they manage and implementing those 5 principle and strategy like Setia Kawan Dairy Farm Cooperative.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Dwi Sulistyo
PY  - 2023
DA  - 2023/08/01
TI  - Resiliency and Existence of the Dairy Farm Cooperative in the Era / Period of Pandemic, Digital Economic, Creative Economic, and Free Market
BT  - Proceedings of the Fifth Annual International Conference on Business and Public Administration (AICoBPA 2022)
PB  - Atlantis Press
SP  - 197
EP  - 205
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-090-9_18
DO  - 10.2991/978-2-38476-090-9_18
ID  - Sulistyo2023
ER  -