Ahmad Kultur Hia, Nurdelima Waruwu, Aan Komariah, Dedy Achmad Kurniady, Herlan Suherlan, Mikhail E. Kosov, Inna Rykova, Konstantin Ordov, Izabella Elyakova, Elena Romanenko
Increased geopolitical tensions and economic sanctions imposed by the U.S., the European Union, and other countries against Russian sectors of the economy have caused a slowdown of economic growth in Russia and significantly restricted access to international capital markets, creating many problems for coal enterprises due to the rapid growth of competition. Russian and Indonesian coal companies need to adopt coping strategies and implement effective management practices to successfully counter the various global challenges facing the coal sector. The article aims to develop coal enterprise competitiveness management in the context of global challenges in 2022, as exemplified by Russia and Indonesia, considering the main role of these two countries in global coal exports. The management process was empirically assessed, and a comprehensive qualitative focus group session was conducted to achieve this goal. Fifty-five top managers of Russian and Indonesian coal companies participated in the focus group session to collect data for identifying all the factors and indicators to be accounted for in a holistic assessment of the companies’ competitiveness. Suggestions were worked out for the development of coal companies in Russia and Indonesia, regarding current changes, to increase their competitiveness. © 2023 by the authors.
Department of Management, Universitas Pertiwi, Bekasi, Indonesia; Department of Educational Management, Universitas Islam Negeri Syarif Hidayatullah Jakarta, Banten, Indonesia; Educational Administration Department, Universitas Pendidikan Indonesia, Bandung, Indonesia; Tourism Destination, NHI Bandung Tourism Polytechnic, Jawa Barat, Indonesia; Department of Government and Municipal Finance, Higher School of Finance, Plekhanov Russian University of Economics, Moscow, Russian Federation; Department of Public Finance, Financial Faculty, Financial University under the Government of the Russian Federation, Moscow, Russian Federation; National Research University Higher School of Economics (HSE University), Myasnitskaya st. 20, Moscow, 101000, Russian Federation; Research Financial Institute of the Ministry of Finance of the Russian Federation, Moscow, 119049, Russian Federation; M.K. Ammosov North-Eastern Federal University, Yakutsk, Russian Federation; Department of Economics, Logistics and Quality Management, Institute of Information Economics and Management, The Siberian State Automobile and Highway University, Omsk, Russian Federation
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