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All Journal JURNAL BISNIS STRATEGI Jurnal Manajemen Teknologi The Indonesian Journal of Business Administration Techno.Com: Jurnal Teknologi Informasi JDM (Jurnal Dinamika Manajemen) The Asian Journal of Technology Management (AJTM) Jurnal Manajemen dan Bisnis Indonesia Syntax Literate: Jurnal Ilmiah Indonesia JOURNAL OF APPLIED BUSINESS ADMINISTRATION GEMA EKONOMI International Journal of Economics Development Research (IJEDR) jurnal syntax admiration Journal of Economics and Business UBS Quantitative Economics and Management Studies Jurnal Sosial dan Teknologi BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi Jurnal Ekonomi Journal Of World Science Journal of International Conference Proceedings Jurnal Indonesia Sosial Sains International Journal of Management, Entrepreneurship, Social Science and Humanities (IJMESH) Journal Research of Social Science, Economics, and Management Eduvest - Journal of Universal Studies Applied Quantitative Analysis (AQA) Eruditio : Indonesia Journal of Food and Drug Safety Riwayat: Educational Journal of History and Humanities International Journal of Renewable Energy Development
Yos Sunitiyoso
School of Business and Management, Institut Teknologi Bandung, Indonesia
Aerospace Engineering Agriculture, Biological Sciences & Forestry Humanities Astronomy Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Engineering Environmental Science Health Professions Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Mathematics Medicine & Pharmacology Neuroscience Physics Public Health Social Sciences Other

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It infrastructure transformation model prioritization and selection at pt telkomsel using analytic hierarchy process (ahp) Rizki Hanafi, Perdana; P.K. Bintoro, Bambang; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 7, No 3 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract - PT Telekomunikasi Selular (Telkomsel) is the largest telecommunication operator in Indonesia and gets ranked 7th in the world in which its customers are 196.3 million and reaches 100% of all regions in Indonesia. In the telecommunication industry, the last few years are difficult times for all telecommunication operators since technology and customer’s behaviour have changed. The business of telecommunication company has shifted away from SMS and voice services to data service. Telkomsel is aware that the transformation from all lines must be performed to follow the change, from traditional telecommunication company to the digital business-oriented company. IT Infrastructure Management division as one of the units in the organization of Telkomsel attempts to articulate the grand design of digital transformation in a plan of IT Infrastructure transformation model to adjust to the need of digital business. This research aims to plan the decision-making model in selecting a proper IT Infrastructure transformation model for IT Infrastructure Management division. This research used the Analytical Hierarchy Process (AHP) method in which a problem is compiled in a systematic hierarchy. Data were taken with qualitative and quantitative methods through interview and questionnaire. As the output from a series of AHP processes conducted in this research, it can be concluded that this AHP method is highly effective to be used for supporting decision-making process in selecting a proper transformation model to answer the readiness of IT Infrastructure Management in supporting the need of business in the digital world.Keywords: multi-criteria decision making, Analytical Hierarchy Process, IT Infrastructure, Telecommunication, Model Transformation 
Decision Making Processes Under Uncertainties: Evaluating Discounted Cash Flow (DCF) and Real Option Valution Methods in Producing Better Investment Decision for Gas Project Development Agung Nugroho, Putut; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 6, No 3 (2017)
Publisher : The Indonesian Journal of Business Administration

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Abstract. Oil & Gas Companies trying to manage shareholder values in a dynamic uncertain environments (Volatility of CAPEX, OPEX, Extractable reserves, Oil Gas Price, and External factors). Conventional valuation method on Capital Budgeting using Discounted Cash Flow (DCF) analysis as a base case (mindset of deterministic/ not changing futures) considered having a drawbacks in valuing projects under uncertainty. The gas project development is threatening not to be undertaken due to the raise the level of related tangible uncertainty factors (CAPEX, OPEX, Extractable reserves, Oil Gas Price, and other External factors) that not accommodated using base case of DCF analysis with constant discount rate. In another side, the project having vast multiplier effects that will empower the community in the area of the gas project. Another perspective of valuation method is needed to give another information for decision makers. Methodology-used in this final project is DCF analysis accommodating the uncertainty, using continuous DCF method with the calculation of Sensitivity analysis, the Scenario Analysis and the Monte Carlo Analysis. Real Options valuation will be calculate from Black, Scholes, and Merton formula of European financial options valuation, and using binomial lattice option methodology. Project valuation with DCF base analysis up to continuous method of Monte Carlo analysis, showing that the Net Present Value (NPV) is relatively have variance smaller of US$M 1267 toward to project valuation using Real Option. Project valuation using Real Options, may lead to unprofitable projects being undertaken. Project valuation using DCF analysis may lead to profitable project is not undertaken. Development of a hybrid, or methods that combine DCF and Real Options, may contribute in better decision making processes of project valuation under uncertainty.Key word: Uncertainty factor, Project Valuation, NPV, DCF, Real Options, Decision making process
Pre-mortem analysis in executing new ferronickel plant at halmahera timur to ensure a successful project delivery Pratomo, Adam; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 5, No 2 (2016)
Publisher : The Indonesian Journal of Business Administration

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Abstract - At the end of 2015, PT. ANTAM (Persero) Tbk. have earned the State Capital Investment funds (PMN) as government support to the State Owned Enterprises to carry out the mandate of Act No. 4 year 2009 (which became effective on January 12, 2014). Fund of Rp. 3.5 trillion will be used to build a ferronickel plant in East Halmahera through the project team P3FH (Proyek Pembangunan Pabrik FeNi Haltim). The challenge for ANTAM is optimize PMN fund to build new plant so that no more additional time and money needed to complete the plant. In order to ensure project a successful project delivery, we have to know what risks that will face the project and how to assessment the high priority and mitigate it. Primary data are collected by conducting interview to several employees with different background to enhance the view of project’s risk. Secondary used in this study are company data, literature and third party data. Pre-mortem analysis used to encompass the idea of sharing expertise or experience and from this analysis we acquired as many as 26 issues/risks (failure mode) and 59 causes risks, all of them are categorized as the five types of groups: completion, financial, operational, environment, and legal / politics issue/risks. Failure Mode Effect Analysis (FMEA) is used to assess the risk priority obtained from pre-mortem analysis to obtain the 16 highest priority cause risks from several failure mode; Deal and delay with IPP, insufficient fund, failure in performance test, contractual risk, changes in management, possibility of inadequate source of fund and decrease in nickel price. Those issues are related to the completion issue and financial issues/risks. Mitigation on high priority causes risks was elaborate in this study and risks that have top priority here should receive more attention by ANTAM management. Keywords: pre-mortem, failure mode effect analysis, completion issues, financial issues, operational issues, environment issues, and legal / politics issue
Multicriteria decision making to assess waste to energy in Indonesia Murdiyati, Sari; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 7, No 1 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract. Indonesia’s population has risen in the last 35 years, as consequences this has led an increase in the volume of domestic waste. Waste is complex problems that related many stakeholders, however, the waste problem can be resolved by integrated waste management.  In the upstream level, waste is managed by Reduce, Reuse, Recycle activity. In the downstream level, waste is converting into energy. In order to accelerate the waste reduction in several urban cities by thermal technology, Presidential Regulation was issued in 2016, but there was a lawsuit against the regulation.   The final goal of this research is to select waste to energy technology from five alternatives, sanitary landfill, anaerobic digestion, gasification, incineration, pyrolysis. The method in this research is Analytical Hierarchy Process (AHP) consisted of Pairwise Comparison and Simple Multi-Attribute Rating Technique (SMART) to get priority of waste to energy technology in Indonesia. The expert has selected their priority in numerical scale then synthesis using the verbal weighting.  In criteria level, Technical criteria have the highest value, followed by Environmental.  In the sub-criteria level, financial feasibility has the highest value, followed by waste volume reduction. The priority of selected technology is 1) incineration; 2) Gasification; 3) Anaerobic digestion; 4) Sanitary landfill; 5) Pyrolysis.  Keywords : waste to energy, AHP, technical criteria, financial feasibility, inceneration.
A System Dynamics Model for Biodiesel Industry in Indonesia Arrumaisho, Ummu Sulaim; Sunitiyoso, Yos
The Asian Journal of Technology Management (AJTM) Vol 12, No 2 (2019)
Publisher : School of Business and Management Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/ajtm.2019.12.2.6

Abstract

Abstract. The biggest demand for energy in Indonesia is oil fuels. To fulfill this demand, Indonesia has to import oil fuels. In order to decrease oil import, Government of Indonesia develop some policies to use biodiesel. Since 2009, biodiesel production in Indonesia has increased every year. To find out what factors and how these factors affect biodiesel industry’s growth in Indonesia, this research was conducted using literature study and system dynamics modeling. In this research, the factors that were evaluated are feedstock, biodiesel price, and government mandatory and regulation. The evaluation was carried out through system dynamics modeling for the next thirty years. The results of the system dynamics modeling simulation show that the factor that most influence the profit and biodiesel capacity construction is the use of advanced technology that can produce biodiesel from low quality and low-cost feedstocks. The second factor is government incentives in the form of a carbon tax that can increase the profit. The next factor is the amount of mandatory mixing of biodiesel in diesel oil. While biodiesel price factor did not significantly affect the profit and biodiesel capacity construction.Keywords:  Biodiesel, causal loop diagram, industry, stock and flow diagram, system dynamics
De-bottle necking Polyethylene Plant due to Butene shortage: A multi-attribute decision analysis using SMART Handoko, Yulius; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 1, No 1 (2012)
Publisher : The Indonesian Journal of Business Administration

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The E.P Company supplies the customers with varieties of polyethylene products, to increase production capacity on the Low Linear Density Polyethylene (LLDPE) film grade, De-bottle necking in Reactor-2 (reactor dedicated to produce LLDPE grade) done by changing the condensing agent from Isohexane to Isopentane.  Due to the production capacity and reliability on the reactor-2 increase, the demand for raw material Butene increase as Butene use as commonomer in the reactor-2  production. In other hand the Butene plant production decrease because of reduction of cooling capacity and efficiency, this condition create gap on the supply and demand for the Butene. The study objective to be achieved is to find the best solution to overcome Butene shortage problem to produce LLDPE polyethylene with considering the decision maker consideration and at optimize the cost. To achieve that objective, the SMART (Simple Multi Attribute Rating Technique) apply to enable decision maker to gain and increased understanding of his or her decision problem. To fulfill the gap on the supply and demand for Butene, a value tree is created, divided into two component cost and benefit. The study found that the best option for the company is to import Butene from outside (with the condition the new Butene sphere needs to be constructed). This option is recommended for implementation even thought it has the value of benefit at 2nd place (50.9), since a move to the option at 1st place (68.6) is expensive considering that  each point increase in the value of benefits would cost $ USD 515,001.4 and at total $ USD 9,115,524/ year. This option also solves the problem, from attributes view. Keywords: multi-attribute decision analysis, Butene shortage, polyethylene plant
Scenario Planning Analysis for Startup Business Case Study: Kemilau Indonesia Magazine Mulyanto, Frieta Miasari; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 2, No 5 (2013)
Publisher : The Indonesian Journal of Business Administration

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This research explained about the application of scenario planning analysis as solution for Kemilau Indonesia Magazine (KIM) which was born from the opportunities as information and promotion media of tourism. As a new player, KIM has several internal and external issues that impact on its survival. The technique used in this method is to collect data and information to be analyzed in order to generate predictions as a preparation for decision making process. This method give an overview of early warning, implications and options in each scenario drawn from the analysis of external and internal as recommendation for the company which could be used as a reference in determining and developing company’s business strategy. Keywords: Kemilau Indonesia Magazine, scenario planning, strategic decision making, tourism magazine industry 
Applying Rational Framework in PT. Sejahtera’S Business Process to enhance Corporate Road Map, Decisions, Company Activities and Project Executions Fajar, Dimas; Mangkusubroto, Kuntoro; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 1, No 1 (2012)
Publisher : The Indonesian Journal of Business Administration

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The study aims to applying rational framework of processes in the problem solving of PT. Sejahtera’s Partnership and Organization challenges. It also focuses to problem analysis of organizational problem which produce disharmony among consortium members. With that result, a SMART analysis can be done to select Solution for the current situation and evaluate potential problem analysis in the two best course of action which is suited to company roadmap and strategy. The company shall be recommended to implement a combination of rational process and partnership selection process to have maximum benefit on a project and not to fall into the same organizational problem such as in previous RFID project. Furthermore, the company should replace the previous partnership and create a new partnership with a fresh start of rational selection. Selecting a project shall be inseparable with selecting with the right partnership. A partnership shall be evaluated accordingly by the principle of best practice and evaluated in criteria of technical risks, commercial risk and other project criteria that were driven by company strategy which access based strategy, gain track new record and innovations, also avoid Red Ocean Arenas. The rational framework of processes not only revising company strategy in practical level, but the process has to be implemented in projects and activities. Keywords: Rational Framework, Decision Making, Problem Analysis, SMART analysis and Potential Problem Analysis
Shortage of Production Capacity to Meet Market Demand: A Simple Multi-Attribute Rating Technique (Smart) Analysis Yoyong, Yoyong; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 4, No 3 (2015)
Publisher : The Indonesian Journal of Business Administration

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Abstract.Due to products of PT Bukit Bintan Berjaya are main material for infrastructure and building development, the economic growth will directly raise the demand. This will be very good prospect and challenge for the company to increase its market shares. Therefore, the Company has to maximize its production. At the current condition, the production capacity of the company already reached its maximum capacity which is consist of one unit of rotary and grizzly machine, one unit of crusher (also known as permanent crusher), and one unit of mobile crusher. The company use fishbone diagram to know how to increase the production capacity, and then use Simple Multi-attribute Rating Technique (SMART) analysis to get comprehensive understanding of the decision problem and gain the best alternative to increase production capacity.The study and analysis found that to increase production capacity should be done by add, modify or install additional machine. This happened because the existing crusher machine is too old. With more than 15 years old, the machine frequently need repair and it is difficult to get the spare parts. In addition, the existing mobile crusher cannot produce optimally due to imbalance production output between the first cone crusher with the next cone crusher.The study and analysis also concluded that if the company has more concern in the initial cost and annual cost, the option is alternative G which is not install or modify crushing machines and will keep the production capacity as it is and no need additional initial cost. When the company has more concern in increasing production capacity, the option is alternative A which is install new permanent crushing machines.If the company chooses to increase production capacity with alternative A, it will need to: prepare the time line, prepare schedule and person in charge; prepare the machines and tools; prepare the location; prepare man power; prepare supporting production equipment; and prepare funding and cash flow. The Implementation planned to be done in 6 months.Keywords: multi attribute decision analysis, smart analysis, decision making, fishbone diagram, production shortage
Assesing Users Preferences and their impact to public transport businessin Jakarta using Analytical Hierarchy Process (AHP) Wijoseno, Hario; Sunitiyoso, Yos
The Indonesian Journal of Business Administration Vol 4, No 4 (2015)
Publisher : The Indonesian Journal of Business Administration

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Abstract.The Economic growth in Indonesia in line with the increase in the purchasing power of private vehicles will be to make ends meet. With the increasing number of vehicles being offset by the addition of the road, it creates bottlenecks that become an everyday sight in Jakarta. Transportation problem is exacerbated by the poor quality of the existing public transport, so that people prefer to use private vehicles.This study tried to find out what people's expectations for good public transportation in Jakarta and clicking the correlation with existing current transportation today there are Angkot, Regular Buss, Trans Jakarta and Commuter line. The method used in this study is Analytical Hierarchy Process, which do pairwaise of criteria-criteria appear. This thesis study using literature study mode, interviews with stakeholders and experts in transport, distribution of the questionnaire, data processing soft ware Expert Choice, the calculation of the score, and analysis. So that in can be an assessment of the four common trasnportasi Jakarta.The results of this study is AHP model that can utilize in determining and suggesting for policy maker and entrepreneurs on its Industry. From the Ahp we get the priority from the passanger choosing public transport is safety( 27,4%), followed by price 22,1%) and reliability 16,5%. By the improvement in term of comfort, safety, timeliness, environmental friendliness and adjusted price, expected to encouraging people for moving to public transport from private vehicle.KeyWord : Transportation, AHP, AHP model, AHP criteria 
Co-Authors . Syukirman, . Adiwibowo, Pupung Agung Nugroho, Putut Agung Prasojo, Hendris Airlangga, Thomas Ali Setiawan, Ganjar Ambara Purusottama Amy Maulany Setyaman Anantadya Novriady, Anantadya Arifianto, Arifianto Arifin Indarto Arrumaisho, Ummu Sulaim Aryamurti, Adhika Assalam, Awla Fajri Ayu*, Valeria Christie Badriyah, Mila Jamila Khatun Balqis Fajarwanto, Adi Bintang Arigia, Muhammad Citra Andika Putri, Citra Andika Dadi Adriana Devilia Sari Dhanan Sarwo Utomo Dila Fiona Wiharto, Dila Fiona Dimas Fajar Dwi Mutia, Ratih Elsadora Reapina Malthaputri Fadhila Nurfida Hanif fadillah, galih Fikri Hadiansyah Firmansyah, Choiril Fitriastuti, Fransisca Frieta Miasari Mulyanto Fuadah, Puteri Annisa Tsamrotul Grisanto, Raden Gerald Setiawan Gugun Gumati, Anggun Hadiansyah, Fikri Hamonangan Simatupang, Tumpal Hardana, Hendy Eka Hario Wijoseno, Hario Hasibuan, Ongku Hasibuan, Ongku Parmonangan Hendro, Dewo Hermawan, Pri Ilham Guspuji Maulana Imam Luqman Hakim Intan Bayu Gayashanti Jann Hidajat Tjakraatmadja Jati Setiawan Jeremiah Martua, Reginald Khairunnisa, Nadia Kuntoro Mangkusubroto Kurniawan, Tri Edi Kusuma Marcel Saputra Marcellina Amanda Devina Maulana, Muhammad Fadhel Mila Jamila Khatun Badriyah Miranti Sondang Merdyka, Miranti Sondang Murdiyati, Sari Nadivkha Subroto, Riefaldy Nurjihan Khairunisa P.K. Bintoro, Bambang Prabandono Mahardi, Johan Prabowo, Arian Prasetya, Ivan Pratomo, Adam Pri Hermawan Putra Gusrianto Putra Gusrianto Putro, Utomo Sarjono Rahayu, Wulan Asti Ratna Satutikirono Renni Puri Wardianthi Risnando, Angga Rizki Hanafi, Perdana RM Dony, RM Dony Sachi Hongo Samara Natalia Siregar, Raissa Sandjoyo, Kandha Aditya Shimaditya Nuraeni Shimaditya Nuraeni Siregar, Lukman Sudarso Kaderi Wiryono Sudrajad, Oktofa Yudha Suhaimi, Hasnul Surya Jaya, Surya Syem Haikel Syukriadi, Loethano Novi Teguh Supriyanto Tjakraatmadja, Jann Hidajat Togar M Simatupang Tri Nurmala, Devy Utomo Sarjono Putro Utomo, Dhanan Sarwo Wafa, Abi Wicaksono, Setiadi Widya Ayuningtyas, Dwi Wijayanto, Hari Dwi Wurjanto, Haidhar Hibatullah Yananto, Hanto Yoyong Yoyong, Yoyong Yulius Handoko Yuniarto, Ahmad Zakia, Raisa