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Digital Diversification and Product Development Strategy for Established Firm in Toll Road Industry Using Effort-Impact Matrix Imaduddin, Muhammad
Jurnal Locus Penelitian dan Pengabdian Vol. 4 No. 8 (2025): JURNAL LOCUS: Penelitian dan Pengabdian
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/locus.v4i8.4141

Abstract

As an established firm in the toll road industry, JMTO faces challenge in sustaining growth and reducing risk from reliance on toll operation revenue as a cash cow. Jasa Marga through its subsidiary, PT Jasamarga Tollroad Operator (PT JMTO), perform digital business diversification leveraging its resources and capabilities in digital leadership. Several related diversification initiatives have been developed particularly in parking management, digital payment, and smartphone application development applying economic-of-scope. This research aims to formulate innovation management strategy in diversification and product development. A mixed method of qualitative and quantitative analysis is through semi-structured interviews with the chief commissioner, board of directors and middle management of JMTO, digital business client, and the collection of statistical data from Travoy and Let It Flo user, as well as number of clicks in Travoy app. Travoy app performance is evaluated based on ‘Importance’ measured by the number of clicks and ‘Performance’ measured by the number of feature reviews. The average number of normalized performance is 0,957, meanwhile normalized importance is 0,149. This indicates that most of Travoy features has good performance, but their low importance suggests that many are perceived by users as less essential despite their performance. According to interview with JMTO’s commissioner and management, the results indicate that JMTO’s competitive advantage is derived from its digital leadership, technology infrastructure and capabilities, as well as market positioning as Indonesian biggest toll road operator. Meanwhile, based on the interview with external key respondents, Customer Perceived Value can be categorized into Utilitarian Value, Monetary Value, and Reputation Value. The proposed strategy is formulated with TOWS matrix, then evaluated based on the effort and potential impact according to JMTO’s chief commissioner and top management, subsequently mapped with Effort-Impact Matrix. From 19 proposed strategies, 16 strategies are determined will have the potential impact and recommend for implementation.
PENINGKATAN KUALITAS PEMBELAJARAN IPS SD MELALUI PROBLEM BASED LEARNING BERBANTUAN AUGMENTED REALITY Imaduddin, Muhammad; Andriningrum, Hana; Syauqi Malik, Muh; Febriana Wati, Ika; Ardhyantama, Vit; Indrawati, Delia; Kususma Wardani, Helda
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 9 No. 4 (2024): Volume 09 No. 04 Desember 2024 In Press
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v9i4.19919

Abstract

The purpose of the study was to improve the quality of elementary school social studies learning through the application of Problem-Based Learning (PBL) assisted by Augmented Reality (AR). The research design was adopted from the Kemmis and Taggart spiral design including the stages of planning, action, observation, and reflection. The subjects involved included fifth-grade students of SDN Sendangmulyo 01 Semarang City who were tested and observed. The data collected were then analyzed qualitatively and quantitatively. The results showed a significant increase in teacher skills, student activities, and learning outcomes. Teacher skills showed a significant increase, with an average score of Cycle 1 of 69.64% (good category), Cycle 2 of 73.21% (good), and Cycle 3 of 87.5% (very good). Student activity also increased, with an average score of Cycle 1 of 67.93% (good), Cycle 2 of 73.70% (good), and Cycle 3 of 81.89% (very good). The classical completeness of student learning outcomes showed a stable increase, from 64.85% in Cycle 1 to 75% in Cycle 2, and 85.71% in Cycle 3. Based on the findings, it can be concluded that the implementation of the AR-assisted PBL model is effective in improving the quality of social studies learning, as evidenced by increased teacher skills, student activities, and learning outcomes.
ERTIMO APP: MENINGKATKAN KUALITAS PEMBELAJARAN LITERASI AWAL DENGAN APLIKASI REKOMENDASI PEMBELAJARAN Andriningrum, Hana; Ardhyantama, Vit; Novitasari, Welly; Imaduddin, Muhammad; Malik, Muh Syauqi; Wati, Ika Febriana; Wardani, Helda Kusuma; Indrawati, Delia
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 10 No. 02 (2025): Volume 10, Nomor 02 Juni 2025
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v10i02.26938

Abstract

The aim of this study was to develop and evaluate the ERTIMO application, a learning recommendation tool designed to enhance the quality of early Indonesian literacy instruction conducted by teachers. Utilizing the ADDIE (Analysis, Design, Development, Implementation, Evaluation) instructional design model, ERTIMO's content was systematically curated through an extensive literature review. The application's feasibility and effectiveness were assessed through expert validations and field trials, employing observations, assessment scales, running records, and writing assignments. Statistical analysis via T-tests confirmed that ERTIMO significantly improved learning quality, particularly in teacher engagement, student participation, and the utilization of learning media, while aspects such as instructional material and learning environment remained largely unchanged. The novelty of ERTIMO lies in its integration of a recommender system to assist teachers in organizing instruction, addressing the prevalent issue of inadequate strategy adoption in early reading and writing literacy for early elementary school class.
Protection of Trade Secrets in the Context of Indonesian Law and the TRIPS Agreement: Perlindungan Hukum terhadap Rahasia Dagang ditinjau dari Aspek Hukum Indonesia dan TRIPS Agreement Imaduddin, Muhammad; Rato, Dominikus; Anggono, Bayu Dwi
Indonesian Journal of Innovation Studies Vol. 24 (2023): October
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijins.v25i.980

Abstract

This research explores the legal framework governing trade secret protection in Indonesia, aligning with international standards set by the TRIPS Agreement of the WTO. Utilizing normative legal research and legislative analysis, the study evaluates the effectiveness of Law No. 30 of 2000 on Trade Secrets in providing crucial legal safeguards for economically valuable confidential information. The dispute resolution process for trade secret violations in Indonesia involves legal steps such as violation identification, evidence collection, mediation, arbitration, and civil proceedings, culminating in court decisions determining compensation and, if necessary, criminal penalties. The study finds that Indonesia's trade secret laws significantly impact innovation, trade, and investment, playing a vital role in international dispute resolution and providing robust rights to trade secret owners. Highlights: The study evaluates the effectiveness of Indonesia's Law No. 30 of 2000 in aligning with international standards for trade secret protection, specifically those outlined in the TRIPS Agreement of the WTO. The research outlines the comprehensive dispute resolution process in Indonesia for trade secret violations, encompassing identification, evidence collection, and legal proceedings, with court decisions determining compensatory measures and potential criminal penalties. Findings underscore the substantial impact of trade secret protection on fostering innovation, facilitating trade, and attracting investments in Indonesia, while playing a pivotal role in international dispute resolution mechanisms. Keywords: Trade Secrets, Legal Protection, Indonesia, TRIPS Agreement, Innovation
THE WAKAF BENEFITS OF SHARIA SHARES AS PRODUCTIVE WAQF MODERNIZATION: COMPARATIVE STUDY OF INDONESIA AND MALAYSIA Choiriyah, Ana Laela Fatikhatul; Imaduddin, Muhammad; Setyawan, Fendi; Prakoso, Bhim
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol. 23 No. 2 (2024): Pena Justisia
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v23i2.4807

Abstract

Waqf, as an important form of financial worship, has significant economic potential and has evolved from traditional forms such as land and buildings to innovations like cash waqf, which is more flexible for developing productive enterprises. Although the potential for cash waqf in Indonesia is very high, reaching Rp180 trillion per year according to the Indonesian Waqf Board, its management is not yet optimal. The aim of this research is to analyze and compare the development of Sharia stock benefit waqf as a form of productive waqf modernization in Indonesia and Malaysia, and to identify its development potential to increase the effectiveness and benefits of waqf in the context of modern Islamic economics. This research uses normative legal research methods with statutory and conceptual approaches, focusing on analyzing regulations and legal concepts related to Sharia stock benefit waqf in Indonesia and Malaysia. Legal sources include primary, secondary, and tertiary materials, with data collection techniques through literature study and data analysis using a comparative qualitative approach. The research results show that stock waqf has been implemented in Indonesia and Malaysia in accordance with applicable regulations, with differences in the institutional structure of its management. In Indonesia, stock waqf is regulated by the Ministry of Religion, the Indonesian Waqf Board, and the National Sharia Council, while in Malaysia it is managed by the State Islamic Religious Council in each state. Indonesia focuses on Sharia stock waqf or its profits, while Malaysia raises funds through share offerings to finance specific programs. Nevertheless, the potential for stock-based waqf in both countries has not been optimally maximized. Factors influencing development in Indonesia include stock waqf literacy, nazir capacity, and inefficient digitalization, while in Malaysia it is constrained by regulatory inconsistencies between states, lack of a transparent and accountable regulatory framework, and limited regulations on mechanisms for collecting and distributing cash waqf including shares.
PENGELOLAAN AKTIVA DAN KEWAJIBAN DALAM PERBANKAN SYARIAH Imaduddin, Muhammad
Al-Infaq: Jurnal Ekonomi Islam Vol. 1 No. 1 (2010): SEPTEMBER
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

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Abstract

This paper aims to describe the Asset and Liability Management concept in an Islamic Bank. It employs descriptive analysis and shall utilize the concept to emphasize on intermediary function. The study explores several basic definitions in the application of aforesaid concept. It covers current challenges and recommendation of several issues regarding the Asset and Liabilibity Management. It is expected to view on practical prespective in an Islamic bank.
DETERMINANTS OF BANKING CREDIT DEFAULT IN INDONESIA: A COMPARATIVE ANALYSIS Imaduddin, Muhammad
Al-Infaq: Jurnal Ekonomi Islam Vol. 2 No. 1 (2011): MARET
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

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Abstract

Departing from the model developed by Jimẽnez and Saurina (2006), this study aims to analyse the determinants of Islamic banking credit default compared with conventional banking in Indonesia. This study utilised time-series analysis, by which ordinary least square method is adopted. 40 monthly data observations from January 2003 until April 2006 are used. The study is divided into two models, namely Islamic banking model and conventional banking model. The values of non-performing financing (NPF) in Islamic banking and nonperforming loan (NPL) in conventional banking are treated as the dependent variables. The results showed that two-month lagged of non-performing financing (NPF), total asset (ASSET), the amount of third-party-funds (TPF), one-month lagged of total financing (DFIN),and growth of gross-domestic product (GDPG) variables have significant impact to the ratio of non-performing financing (NPF) in Islamic banking. Meanwhile, the three-month lagged of non-performing loan (DDDNPL), total asset (CASSET), three-month as well as two-month period lagged of total loan (DDDCRED and DDCRED), inter-bank money market (PUAB), and growth of gross-domestic (GDPG) are significant to influence the ratio of non-performing loan (NPL) in conventional banking. The result also implied that the general election in 2004 had a significant influence to the ratio of non-performing financing (NPF) in Islamic banking. Eventough from the outset, it seems Islamic banking has a better performance than conventional banking by having a relatively low NPF, this study, however, has found the opposite. Albeit, Islamic banking showing a good long-run as well as short-run dynamics among all variables in the beginning, after modifying the model into autoregressive in the main analysis, results showed that conventional banking has a better performance than Islamic banking with higher correlation of determination. In this regard, we cannot assume that Islamic banking is performing poorly in managing credit default problems. This isbecause the result implied that the level of Islamic banking’s R-squared, R-bar-squared and DW values are good. Therefore, although Islamic banking is relatively a new comer in the Indonesian banking industry, it has shown a good performance in the banking credit risk management and can compete head-on with conventional banking, respectively.