ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY

Start-up growing pace in Indonesia is at exceptional pace. Although the exceptional pace of start-up growth, many start-ups fail in the very early stages and less than one third of them turn into companies. Failure occurs due to several reasons, such as lack of finance, team management problems, lac...

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Main Author: Salimul Qolbi, Irfan
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/64454
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:64454
spelling id-itb.:644542022-05-24T10:10:18ZORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY Salimul Qolbi, Irfan Indonesia Final Project Start-up, Organizational Health Index, McKinsey INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/64454 Start-up growing pace in Indonesia is at exceptional pace. Although the exceptional pace of start-up growth, many start-ups fail in the very early stages and less than one third of them turn into companies. Failure occurs due to several reasons, such as lack of finance, team management problems, lack of enough business knowledge, and technology lag. Almost 80% of start-up companies in Indonesia failed in the first year, and 65% of start-up failed because of internal problems. McKinsey stated that if an organization want to sustain for a long term, it needs to keep not only the performances but also its health. Organizational Health Index (OHI) tools by McKinsey is necessary for start-up to evaluate and implementing organizational health as a priority. The purpose of this study is to analyse OHI from multiple cases of three start-ups engaged in fintech and conduct a descriptive cross analysis between the cases. It was found that each of three companies have different archetypes with some similarities in practice points. With OHI result, companies could identify problems earlier, solve them faster, and become healthier. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Start-up growing pace in Indonesia is at exceptional pace. Although the exceptional pace of start-up growth, many start-ups fail in the very early stages and less than one third of them turn into companies. Failure occurs due to several reasons, such as lack of finance, team management problems, lack of enough business knowledge, and technology lag. Almost 80% of start-up companies in Indonesia failed in the first year, and 65% of start-up failed because of internal problems. McKinsey stated that if an organization want to sustain for a long term, it needs to keep not only the performances but also its health. Organizational Health Index (OHI) tools by McKinsey is necessary for start-up to evaluate and implementing organizational health as a priority. The purpose of this study is to analyse OHI from multiple cases of three start-ups engaged in fintech and conduct a descriptive cross analysis between the cases. It was found that each of three companies have different archetypes with some similarities in practice points. With OHI result, companies could identify problems earlier, solve them faster, and become healthier.
format Final Project
author Salimul Qolbi, Irfan
spellingShingle Salimul Qolbi, Irfan
ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
author_facet Salimul Qolbi, Irfan
author_sort Salimul Qolbi, Irfan
title ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
title_short ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
title_full ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
title_fullStr ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
title_full_unstemmed ORGANIZATIONAL HEALTH INDEX IN START-UP: A CASE STUDY
title_sort organizational health index in start-up: a case study
url https://digilib.itb.ac.id/gdl/view/64454
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