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All Journal Jurnal Manajemen Teknologi The Indonesian Journal of Business Administration The Asian Journal of Technology Management (AJTM) JURNAL MANAJEMEN BISNIS International Journal of Economics Development Research (IJEDR) Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi Indonesian Journal of Multidisciplinary Science ASEAN Marketing Journal Journal of Artificial Intelligence and Digital Business International Journal of Entrepreneurship and Sustainability Studies IIJSE Journal Integration of Management Studies Conference Proceedings International Conference on Education Innovation and Social Science Jurnal Bisnis dan Pemasaran Digital
Utomo Sarjono Putro
School of Business and Management, Institut Teknologi Bandung, Indonesia
Religion Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Public Health Social Sciences

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Strategic Decisions to Overcome Turnover Problems at PT XYZ Using Regression and AHP Prosarani, Ariadna; Putro, Utomo Sarjono
Journal Integration of Management Studies Vol. 3 No. 2 (2025): (Special Issue)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v3i2.358

Abstract

PT XYZ, a construction consultancy firm in Indonesia, is facing a critical issue with high employee turnover, particularly among its field project staff. This challenge adversely affects productivity continuity and imposes high recruitment and training costs. This study aims to identify the key factors influencing turnover intention and to determine the best strategic approach to address the employee turnover problem. A quantitative method, incorporating descriptive and regression analyses, was employed to investigate the relationship between job satisfaction and turnover intention. The Analytic Hierarchy Process (AHP) prioritized strategic alternatives based on financial, non-financial, and social and security benefits. Data was collected through employee questionnaires and expert interviews. The analysis revealed that, although job satisfaction levels were generally favorable, the lowest job satisfaction score was found in the Pay dimension, indicating that compensation was the primary factor contributing to dissatisfaction. A negative correlation was found between job satisfaction and turnover intention. According to the AHP results, the most important criterion was Non-Financial Benefits (weight 0.48395), while the sub-criterion for Life Insurance had the largest weight (0.59054). With a weight of 0.49089, the Performance-Based Compensation method is the most important of the three alternative strategies: Comprehensive Total Reward, Fixed Pay-Oriented, and Performance-Based Compensation. Some implementation suggestions include setting KPIs and OKRs, offering performance-based rewards, recognizing job achievements, providing limited flexibility, facilitating career development, and offering retention benefits such as life insurance. It is hoped that this study will provide a strategic foundation for creating a compensation plan tailored to the project organization's needs and the preferences of its employees.
Analyzing Satisfaction and Continuance Intention in Capital Market School Level 2 Sahupriadi, Sahupriadi; Putro, Utomo Sarjono
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 4 No. 2 (2025): Mei - Juli
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v4i2.825

Abstract

This study analyzes factors influencing participant satisfaction and their continuance intention to enroll in the Level 2 Capital Market School (SPM) program in Indonesi. Despite the rising number of investors, the transition rate from Level 1 to Level 2 shows a decline, raising concerns about learner retention. Guided by the Expectation-Confirmation Model (ECM), this research examines the effects of Quality of Teaching, Institutional Offering, and Participant Motivation on participant satisfaction and their intention to continue. Using data collected from 163 SPM Level 1 participants in Bandung and analyzed through Structural Equation Modeling–Partial Least Squares (SEM-PLS), the study confirms that all three factors positively influence satisfaction, which in turn significantly impacts continuance intention. The findings highlight the mediating role of satisfaction in promoting ongoing engagement with capital market education. The results suggest that enhancing instructional quality, improving institutional support, and fostering participant motivation are key to increasing retention rates for advanced financial education programs. This research provides valuable insights for policymakers and educators aiming to strengthen investor education and support Indonesia’s growing capital market.
Business Strategies for PT Katalis Infra Indonesia to Expand Its Loan Portfolio in the Electric Vehicle Infrastructure Sector Mulijadi, Erick; Putro, Utomo Sarjono
Journal Integration of Management Studies Vol. 3 No. 2 (2025): (Special Issue)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v3i2.398

Abstract

Indonesia has decided to achieve net-zero emissions by 2060, where electric vehicle (EV) adoption plays a critical role. PT Katalis Infra Indonesia (KII) – a pseudonym for a state-owned enterprise company that finances infrastructure projects in Indonesia – was given a mandate by the government to expand its operations to finance the EV infrastructure sector, comprising EV battery manufacturing plants and EV charging stations. Despite the recent mandate expansion, the company is struggling to finance a project related to this new sector. This study focuses on formulating business strategies for KII to expand its loan portfolio in the EV infrastructure sector. The study uses a qualitative method approach, starting from a literature review, benchmarking, document analysis, and semi-structured interviews with several key participants from internal and external stakeholders. The gathered data is analyzed with internal and external analysis, using several tools such as Resource-Based View (RBV) for internal analysis, Porter's Five Forces for external analysis, SWOT and TOWS matrix for strategy formulation, and gap analysis to evaluate the alignment of company capabilities with industry key success factors. The findings reveal several critical gaps with industry best practices and expectations, starting from the company's condition, which lacks technical expertise and specific credit evaluation tools in the EV infrastructure sector, limited green finance products in the new sector, and mandate expansion that does not cover key segments of the EV ecosystem. The strategy is formulated using the TOWS matrix, where each of the proposed strategies is linked with the identified gap of the company's capability and key success factors in the industry. The study concludes with an implementation roadmap and recommendations for KII regarding the key actionable solutions in implementing the strategies.
Strategic Masterplan for Enhancing Oil Production at the Angsana Field Dharmawan, Willy; Putro, Utomo Sarjono
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 6 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i6.8628

Abstract

Angsana Field, one of the major oil and gas fields in Indonesia that is operated by PT TerraNova, has received a national production target from the Ministry of Energy and Mineral Resources to produce up to 108 thousand Barrels Oil Per Day (BOPD) Annual Average (AA) in 2025. This production target proves ambitious, given that the base production from the Angsana Field is only expected to reach around 100 thousand BOPD AA. To bridge the gap of 8 thousand BOPD AA, TerraNova intends to implement a comprehensive production optimization strategy, focused on well work. In the oil and gas industry, the potential oil gain from the well work strategies is usually evaluated using a deterministic approach via reservoir simulation model. However, this method has its own disadvantage of not fully reflecting the complexity of the actual implementation and uncertainty from subsurface aspect. In this study, the integration of deterministic analysis and Monte Carlo simulation are used to provide a more robust analysis on the potential oil gains from well work strategies. Operations management aspect is also considered to create a realistic strategy that aligns with the company’s objective. The results from the analysis indicate that the 8 thousand BOPD AA gap is highly likely to be achieved by prioritizing Type-C well work technology early in the second quarter 2025.
Strategic Development of Taman Rejeki Group in Advancing Renewable Energy Contributions in Indonesia's Energy Transition Putra, Azan Rahmadian; Putro, Utomo Sarjono
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 6 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i6.8914

Abstract

This study examines the strategic development of Taman Rejeki Group in achieving its 500 MW renewable energy target by 2030. Using a hybrid methodology that combines PESTLE analysis, Porter’s Five Forces, and scenario planning the research identifies the driving factors and uncertainties influencing the company's renewable energy strategy. The study employs backcasting to work backward from the target goal outlining strategic steps to overcome identified barriers and capitalize on opportunities. The results of this research findings key uncertainties renewable energy in Indonesia such as PPA Terms & Conditions and Political Will are explored with four potential future scenarios developed suggest that Taman Rejeki Group must adopt flexible strategies aligned with these scenarios aggressive expansion in the stark protocol scenario with favorable conditions, efficiency and cash flow protection in the wakanda shield scenario with high-risk PPA, adaptation to sudden changes in the time loop strategy scenario with volatile political climates, and a survival strategy in the dark night plan scenario with regressive policy conditions. These strategies will ensure that the company can navigate varying political, regulatory, and financial environments, driving progress toward the 500 MW target by 2030.
Navigating Water Sustainability in Mineral Mining with a Systems Thinking-Based Approach Respati, Gilrandy; Putro, Utomo Sarjono
Indonesian Journal of Multidisciplinary Science Vol. 2 No. 9 (2023): Indonesian Journal of Multidisciplinary Science
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/ijoms.v2i9.539

Abstract

This paper provides a comprehensive review and analysis of the sustainable management of water resources in the mining industry. It presents an overview of various sustainable development frameworks for the mining sector, emphasizing the need for a more comprehensive and integrative approach to managing water resources. The paper also highlights the critical role of water in mining operations and the increasing pressure on water resources due to mining activities. Consequently, it underscores the significance of sustainable water management practices such as stakeholder engagement, catchment-based approaches, and adequate water management strategies. The researcher combined a qualitative approach with a methodology for conducting a literature review. The majority of the articles and other sources used to compile the study's data were books and academic publications that examined relevant subjects (Water sustainability, mineral mining, system thinking-based approach). The study advocates for a shift from traditional mechanistic models and linear thinking to a more holistic systems thinking approach for addressing the complex environmental challenges associated with water resources management in mining. Furthermore, it presents system dynamics modeling as a promising tool for understanding and predicting the behavior of complex water resource systems and devising appropriate strategies for sustainable outcomes. A conceptual framework for sustainable underground mine water management is proposed through a synthesis of previous studies. The framework integrates systems thinking and sustainability principles, paving the way for socially equitable, environmentally sustainable, and economically beneficial water management strategies in the mining industry.
Strategic Implementation of OneStream Systems: Identifying and Prioritizing User-Centric Criteria Prabowo, Ery Restu; Putro, Utomo Sarjono
International Journal of Entrepreneurship and Sustainability Studies Vol. 3 No. 2 (2023): December 2023
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijeass.v3i2.2014

Abstract

This research explores the implementation of OneStream, a sophisticated software platform used in financial planning and reporting, within an organization. It emphasizes a thorough internal and external analysis to evaluate the organization's resources and capabilities, and to understand the external factors influencing the adoption of OneStream. The internal analysis identifies strengths such as technical expertise and a skilled workforce, and weaknesses including insufficient training and limitations in OneStream's utilization. The external analysis uncovers opportunities like market growth and strategic partnerships, alongside threats from competition and global economic uncertainties. Data collection involved in-depth interviews with six OneStream experts, followed by a detailed Analytic Hierarchies Process (AHP) for quantitative analysis. The findings reveal key factors influencing OneStream implementation, categorized under Security and Reliability, Accuracy and Data Integration, Efficiency and Performance, and Ease of Use. AHP results indicate a lower consensus in Security and Reliability than expected, with System Reliability and Availability emerging as critical. Accuracy and Data Integration show a moderate consensus, emphasizing the importance of Data Accuracy. Based on these analyses, three strategic pathways for advancing OneStream usage are proposed: preserving the status quo, refining and enhancing OneStream, and integrating OneStream with other systems. The research concludes that integration is the most preferred solution, receiving the highest preference in the AHP analysis. This strategy involves not only technical adjustments but also organizational developments, particularly within the Capital Accounting Administration, to ensure effective integration and collaboration. This study provides valuable insights for organizations considering similar technology adoption, balancing the preservation of foundational principles with embracing technological innovations for sustainable growth and efficiency.
Predictors of Student Participation in The Kampus Merdeka Program: Testing The Extended Theory of Planned Behaviour with Incentives Variable Amalin, Najin Khoirul; Putro, Utomo Sarjono
Proceedings International Conference on Education Innovation and Social Science 2023: Proceedings International Conference on Education Innovation and Social Science
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The Kampus Merdeka program aims to scrape the gap between education and the rapidly changing work environment that has become an issue nowadays. Three years after launching the program, no research has examined the predictors of student participation in the program that are important for the policy maker to re-evaluate the program. On the other hand, the government spends a lot of money to run the program and give direct benefit for the students who participated in the program, but still not create enough opportunity for all students. This study analyzes the predictors and the impact of government incentives on students' willingness to participate. Using theory of planned behavior with additional incentive variables, the researcher distributes the survey through an online questionnaire to the students who are eligible to participate in Kampus Merdeka. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used to analyze the significance predictors. As a result, attitude, subjective norm, and incentives significantly influenced students' intention to participate in the program. Intention, in turn, positively influenced actual participation. In contrast, Perceived behavioral control did not significantly affect intention or behavior. Attitude, subjective norm, and incentives play vital roles in encouraging student participation in the Kampus Merdeka program. These findings can guide policymakers and institutions in enhancing program effectiveness.
Effect Influencing Factor Toward Brand Loyalty in Online Platform Laundry Service Febriyan, Aris; Putro, Utomo Sarjono
Proceedings International Conference on Education Innovation and Social Science 2023: Proceedings International Conference on Education Innovation and Social Science
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The laundry industry in Indonesia has been undergoing a significant transformation in recent years, largely driven by the increasing use of social media as a marketing and engagement tool. The massive laundry industry in Indonesia causes entrepreneurs in the laundry sector to face the challenge of securing their customers so they don't switch to using the same services offered by competitors. Therefore, this research was conducted to identify the factors that influence brand loyalty and provide recommendations for development plans to increase brand loyalty which is the object of this study. This study uses quantitative methods, online surveys as instruments and uses PLS-SEM analysis. This study used 151 respondents who are users of laundry services who live in the city of Bandung. This study reveals that Brand Trust has a positive relationship toward Brand Loyalty, Customer Engagement has a positive relationship toward Brand Loyalty, and Relationship Marketing Orientation has a positive relationship toward Brand Loyalty and Customer Engagement. The findings of this study provide recommendations to the company regarding the object of this research to develop development plans and strategies for increasing brand loyalty based on the identified factors that significantly influence brand loyalty which will have an impact on increasing sales.
Designing a Real-Time TKDN Monitoring Dashboard Concept as a Decision Support System Aligned with Akhlak Values at PT Bukit Asam Sarendra, Tania Citra; Putro, Utomo Sarjono
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.8637

Abstract

The Domestic Component Level (Tingkat Komponen Dalam Negeri/TKDN) policy is a key instrument of the Indonesian government to strengthen national industries through procurement activities. For state-owned enterprises (SOEs) such as PT Bukit Asam Tbk (PTBA), TKDN implementation must also reflect AKHLAK values as ethical guidelines for governance. Although PTBA has consistently met TKDN targets, reporting remains manual, relying on Excel and a single person-in-charge. This condition creates inefficiencies, risks of data inconsistency, and limited responsiveness to urgent requests from regulators. This study addresses the problem of the absence of an integrated mechanism to monitor TKDN realization in real time within PTBA’s electronic procurement system (SPEND). The research objective is to design a TKDN monitoring dashboard conceptualized as a Decision Support System (DSS) that incorporates automation, user-centered design (UCD), and AKHLAK values. An exploratory qualitative method was employed, combining semi-structured interviews, participant observation, and document review. Data were analyzed using thematic coding, supported by SWOT analysis, to identify system gaps, user requirements, and ethical value integration. UCD principles were applied to ensure that dashboard features were aligned with stakeholder needs and validated through feedback from key informants. The findings confirm three main themes: limitations of the current reporting system, the need for an interactive dashboard, and the importance of embedding AKHLAK values in system design. A static mock-up was developed, featuring real-time visualization, dynamic filters, role-based access, and modules for certificate management and reporting. This study contributes theoretically by integrating DSS, UCD, knowledge management, and organizational values into dashboard design, and practically by providing PTBA with a blueprint for optimizing SPEND to support more efficient, transparent, and accountable procurement governance.
Co-Authors A Audli Natakusuma Adikharisma, Revi Amalin, Najin Khoirul Arif Rahmana Aurik Gustomo Devilia Sari Dhanan Sarwo Utomo Dharmawan, Willy Dini Turipanam Alamanda Farah Alfanur Febriyan, Aris Grace Lucy Secioputri Hendrawan Hidetsugu Morimoto, Hidetsugu Ikhsani, Anugrah Fajar Iqbal Irfan Agus Setyawan, Irfan Agus Keiko Nakashima Khrisna Ariyanto Kiyosho Dowaki Kuntoro Mangkusubroto Kurniawan, Alvin M. Parulian Hutagaol Manahan Siallagan Manurung, Adolf S. P. Mulijadi, Erick Murti, Dyah Meita Retno Nur Budi Mulyono Nuraeni, Shimaditya Nurdayat, Ilham Fadhil Perdana, I Komang Wira Yuda Prabowo, Ery Restu Pri Hermawan Prosarani, Ariadna Putra, Azan Rahmadian Ramadhan, Andika Yudhistira Respati, Gilrandy Sahupriadi, Sahupriadi Santi Novani Sarendra, Tania Citra Shima Nuraeni Sjafri Mangkuprawira Tabri, Muhamad Alis Takeshi Arai Taufiqurrohman Taufiqurrohman Tutik Inayati Utomo, Dhanan Sarwo Yananto, Hanto Yos Sunitiyoso Yuki Tsuruya, Yuki