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Local Culture and Rules as Competitive Strategic Predictor and the Impact on Real Estate Industry Performance in Indonesia Selawa, Dewa Putu; Thoyib, Armanu; Ramantha, I Wayan; Djumahir, djumahir
APMBA (Asia Pacific Management and Business Application) Vol. 1 No. 3 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2013.001.03.2

Abstract

Resources and operational environment of a company are known to have important role in its competitive strategic formulation. These three variables also found influencing business performance. However, little is known about the influence of an understanding toward local culture and rules where a company operated on competitive strategic formulation and the impact on business performance. This research is aimed to find out about the influence of an understanding and implementation of Tri Hita Karana as one of intangible strategic resources and the influence of local rules either in form of regional regulation or customary rules on competitive strategic formulation of real estate company operated in Indonesia, which is in Bali Province. In order to harmonize company with its environment through three dimensions based on Hindu philosophy (parahyangan as the manifestation of God dimension, pawongan as the manifestation of humanity dimension and palemahan as the manifestation of natural environment dimension), it is proven that understanding and implementation of Tri Hita Kirana have the highest influence from seven strategic resources formulation of a company. In addition, local rules also proven to significantly influence environmental dynamic faced by real estate companies operated in Bali. The research verified that resources owned by and environmental dynamics of a company have significant influence on competitive strategic that further influence business performance measured using Balance Score Card method.
Work Stress and Work Motivation on Employee’s Turnover Intention Mediated by Organizational Commitment Arief, Sartika Wati HS; Sudiro, Achmad; Djumahir, Djumahir
Interdisciplinary Social Studies Vol. 2 No. 1 (2022): Regular Issue
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/iss.v2i1.305

Abstract

Background: With limited space to work WFH during the pandemic, it is the biggest challenge faced by all employees and companies.  In the midst of many companies holding a hiring freeze policy  or temporarily suspending the recruitment of new employees, ruangguru even did the opposite, RuangGuru held a routine recruitment of new employees during the pandemic. Aim: This study aims to analyze and explain the effect of work stress and work motivation on turnover intention mediated by organizational commitment of employees of FEC PT.  Ruang Raya Indonesia Sumapapua I Makassar, Pare-Pare, Palopo. Method: This type of research is an explanatory research that explains the causal relationship between the variables used through hypothesis testing. The sampling method in this study uses the saturated sampling method. The population determined in this study was 108 people, namely all employees of FEC Sumapapua I covering the Makassar, Pare-Pare, Palopo areas. The data obtained from the sample were analyzed using Structural Equation Modeling (SEM) analysis, with the SMARTPLS 3.0 approach. Findings: The results showed that work stress has a positive and significant effect on turnover intention, work motivation has a negative and significant effect on turnover intention, work stress has a negative and significant effect on organizational commitment, work motivation has a positive and significant effect on organizational commitment, organizational commitment has a negative and significant effect on organizational commitment turnover intention, organizational commitment does not mediate the effect of work stress on turnover intention, organizational commitment mediates the influence of work motivation on turnover intention.