Enterprise Risk Management, Value Chain, And Life Cycle Cost: How The Three Concepts Are Adopted To Increase Competitiveness.

Enterprise Risk Management (ERM), Value Chain VC), and Life Cycle Cost (LCC) are three crucial concepts in running an effective company. Hence, no specific study has been done to identify how those were implemented companies Indonesia. Thus, the objective was types of ERM used by companies, they connect VC LCC, combination enhance companies’ competitiveness was. The data collected through focus groups discussion interviews. This involved some scholars selected professionals who senior management corporations listed IDX. FGD interview results analyzed qualitatively interactive analysis model. found that most applied ISO 31000 as their ERM. respondents agreed basis for setting managing prices support implementation LCC. Besides, also believed integration increasing competitiveness. Since this conducted qualitatively, result needs be supported a further using quantitative approach strengthen so it can generalized bigger population.