Open AccessRisk Management of Mice Tourism in XYZ Firm During the Covid-19 Pandemic
Author(s) -
Jason Tai Chin. Tan,
Aldi Ardilo
Publication year - 2021
Publication title -
research synergy foundation conference proceedings series/research synergy foundation conference proceeding series
Language(s) - English
Resource type - Journals
eISSN - 2807-6699
pISSN - 2807-5803
DOI - 10.31098/bmss.v1i5.454
Subject(s) - tourism , thriving , risk management , business , covid-19 , population , pandemic , psychological resilience , resilience (materials science) , marketing , sustainability , descriptive research , geography , sociology , psychology , finance , medicine , ecology , social science , physics , disease , archaeology , pathology , biology , infectious disease (medical specialty) , psychotherapist , thermodynamics , demography
This paper explores the implementation of risk management maturity of MICE tourism-sector organisations in XYZ firm which located in Indonesia, precisely in Bandung City, which has a population of 2.510.103 people. The research used a qualitative-descriptive design in the form of a case study at XYZ firm. This study uses primary data and secondary data as supplementary. Primary data was collected by conducting semi-structured interviews with subjects whose roles and functions are relevant to facilitating XYZ firm's strategic initiatives and programs. The findings indicate that XYZ firm was at the initial level in implementing risk management which positively corresponds with its resilience and sustainability—XYZ had a difficult time bouncing back, surviving, and thriving this global pandemic. The results of this research may assist decision-makers on the importance and the dynamics of risk management implementation, particularly for the MICE tourism industry in Indonesia.