Business Strategy Analysis of PT Kalbe Farma Tbk Using Strategic Management Approach

Wati, Annisa Mahdia and Murhadi, Werner R. (2025) Business Strategy Analysis of PT Kalbe Farma Tbk Using Strategic Management Approach. Dinasti International Journal of Economics, Finance & Accounting (DIJEFA), 6 (4). ISSN 2721-3021; e-ISSN 2721-303X (Submitted)

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Abstract

This article aims to analyze the business strategy of PT Kalbe Farma Tbk, the largest integrated pharmaceutical company in Indonesia, in responding to the dynamics of the competitive and evolving pharmaceutical industry. This study applies a qualitative approach with a case study method based on secondary data, including company annual reports and strategic management literature. The analytical tools used include PESTEL, Porter’s Five Forces, Product Life Cycle, SWOT, Value Chain, and strategic matrices such as SWOT, SPACE, IE, BCG, and the Grand Strategy Matrix. The results show that Kalbe’s strengths lie in brand reputation, product diversification, and an extensive distribution network, with opportunities arising from digitalization trends and increased public health awareness. The recommended strategies are product development, market development, and forward integration. These strategies are deemed most appropriate based on the QSPM results and are expected to help Kalbe maintain its market leadership while achieving sustainable international expansion.

Item Type: Article
Uncontrolled Keywords: strategic analysis, PT Kalbe Farma Tbk, pharmaceutical industry, product development, market development
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Postgraduate Programs > Master Program in Management
Depositing User: ANNISA MAHDIA WATI
Date Deposited: 06 Aug 2025 08:27
Last Modified: 06 Aug 2025 08:27
URI: http://repository.ubaya.ac.id/id/eprint/49326

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