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THE FINANCIAL TECHNOLOGY, REGULATION AND BANKING ADAPTATION IN INDONESIA Kennedy, Posma Sariguna Johnson; Harefa, Alvani Amaerita
Fundamental Management Journal Vol. 3 No. 1 (2018): 2540-9220 (online) Volume:3 No.1 April 2018
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v3i1.715

Abstract

This study aims to describe the impact of the application of financial technology to conventional banking institutions in Indonesia in terms of regulators and banks that are adaptation. The data used comes from primary data through direct research into Wisma Mulia Building-Office of Financial Services Authority and through interviews, as well as secondary data through internet media. The methodology used by the authors is with qualitative analysis techniques. The results of the research, sorted by the researchers into three points, namely: innovation disruption, fintech regulation and fintech to banking in Indonesia. The conclusion can be drawn from the research that disruption innovation that occurred in the financial sector with the emergence of fintech is not a phenomenon that must be feared and shunned but is a phenomenon that must be embraced to improve economic growth and prosperity. OJK as an institution that oversees the financial sector strongly supports the presence of fintech by issuing POJK regulation No. 77 / POJK.01 / 2016. For Bank Mandiri and BTPN, fintech can not be considered an ordinary phenomenon but the two banks are taking action to collaborate with fintech actors.Keywords: disruptive innovation, financial sector, conventional banking institutions, financial technology.
THE NORMATIVE STUDY ON THE AREA/SPACE STRUCTURE POLICY OF STATE BORDER IN MALUKU PROVINCE Kennedy, Posma Sariguna Johnson; L.Tobing, Suzanna Josephine; Heatubun, Adolf; Lumbantoruan, Rutman
Fundamental Management Journal Vol. 3 No. 1p (2018): pISSN : 2540-9816 EDISI CETAK Volume:3 No.1 April 2018
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v3i1p.733

Abstract

The purpose of this paper is to review the management of border area functions in accordance with the mandate of Law no. 43 of 2008 on National Territory. This study is based on the Master Plan for State Boundary Management, and the Priority Location Master Plan, which is a common reference for all stakeholders. In this research, as the methodology used is the review literature using qualitative normative method. This means to review the regulations related to the arrangement of spatial function of State Border Area in Maluku Province. Spatial Planning of Border Areas in Maluku Province aims: To create a state defense and security function that ensures the integrity of the territorial sovereignty and order which borders are the State of Timor Leste and the State of Australia; Effective protected areas to protect biodiversity, protected forests, and coastal borders including in small outer islands (PPKT) and; Make border areas that are self-reliant and competitive.Keywords: State Border Area, National Strategic Activities Center (PKSN), Priority Location (Lokpri), Spatial Plan (RTRW)
LEVEL OF MILITARY THREATS IN REGIONAL AND THE NATIONAL DEFENSE BUDGET POLICY IN THE PERIOD OF 1990-2008 Johnson Kennedy, Posma Sariguna
Fundamental Management Journal Vol. 3 No. 1p (2018): pISSN : 2540-9816 EDISI CETAK Volume:3 No.1 April 2018
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v3i1p.738

Abstract

This paper would like to see the government responds to the military threats that facing Indonesia from its strategic environment, through its defense budget policy. Single equation, formed to capture the military threats to national defense budget. The model developed are from Smith Military Demand Model. The estimation result is that the level of threat have influence on the defense budget. Indonesia must remain vigilant, because of the military rising of other countries. The strategic environment situation can be suddenly rise the escalation of threat.Keywords: International Economics, Defense Economics, Military Threats, Defense Budget.
The Analysis of Training Factors and Motivational Factors to Improve the Performance of Employees of PT. Bank Victoria (PT.BA) Novita, Yohana; Tobing, Suzanna Josephine L.; Kennedy, Posma Sariguna Johnson
Fundamental Management Journal Vol. 3 No. 2 (2018): ISSN: 2540-9816 (print) 2540-9220 (online) Volume:3 No.2 Oktober 2018
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v3i2.921

Abstract

This study aims to analyze (1) whether there was a relationship between training factors and the performance of employees of PT. Bank Victoria International Tbk (PT.BV); (2) is there a relationship between motivational factors and the performance of employees of PT. Bank Victoria. The next results in this study are (1) there is a relationship between training factors and the performance of employees of PT. Bank Victoria. This is indicated by the significance value smaller than 0.05 is (0,000) <(0.005). With Spearman rank correlation coefficient of 0.481. (2) there is a relationship between motivational factors and the performance of employees of PT. Bank Victoria. This is indicated by the significance value smaller than 0.05 is (0,000) < (0.005). With Spearman rank correlation coefficient of 0.453. Keyword : training factors, motivation factors, employee performance
The NORMATIVE STUDY OF CENTRAL MARINE DEVELOPMENT POLICY AND INTEGRATED FISHERIES IN SMALL ISLANDS AND BORDER AREA BASED ON KKP REGULATION NUMBER 48/2015 Kennedy, Posma Sariguna Johnson
Fundamental Management Journal Vol. 3 No. 2 (2018): ISSN: 2540-9816 (print) 2540-9220 (online) Volume:3 No.2 Oktober 2018
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v3i2.926

Abstract

To realize the Vision and Mission of the Ministry of Maritime Affairs and Fisheries (KKP) in the form of sovereignty, sustainability and welfare, there is the concern to build small islands and border areas with the Integrated Marine and Fisheries Center (SKPT) program in an integrated and comprehensive manner. This study aims to look at the norms of what is best for building small islands in the border region in terms of the development of fisheries centers. The target is to meet the nutritional needs of local communities, support national food security and generate state revenues through export activities as well as accelerate local economic growth. Keywords: Normative study, Border area, Development policy, Small islands, Integrated Marine and Fishery Center.
MANAGEMENT OVERVIEW: LEADERSHIP IN CHANGE Johnson Kennedy, Posma Sariguna
Fundamental Management Journal Vol. 5 No. 2 (2020): ISSN: 2540-9816 (print) 2540-9220 (online) Volume:5 No.2 Oktober 2020
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v5i2.2229

Abstract

This paper aims to study how the leadership of an organization manages the process of change in its environment. The challenges faced are various changes both from within and outside the organization in a very fast, chaotic and turbulent, which has become the 'new' normal. The method of writing this paper is done through a study of various literatures. The COVID19 pandemic has various impacts on people's lives, especially business organizations or companies, which has caused many changes in the world of VUCA (Volatility, Uncertainty, Complexity and Ambiguity). Every organization must be able to identify it because every problem requires a fast and precise response. Each of these VUCA components presents challenges that need to be faced with Vision, Understanding, Clarity, and Agility. Keywords: Management, Leadership, Change, VUCA
Evaluation of the COVID-19 Handling Programs and National Economic Recovery in Indonesia Kennedy, Posma Sariguna Johnson
Fundamental Management Journal Vol. 6 No. 1p (2021): ISSN: 2540-9816 (print) Volume:6 No.1 April 2021
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v6i1p.2831

Abstract

This study aims to see the budget allocation for the Covid-19 Handling Program and National Economic Recovery (PC-PEN), based on realizing the PC-PEN Program budget in 2020 and the challenges in 2021. The research method in this study is to use a qualitative approach through a review of the literature with the primary source coming from the Ministry of Finance, especially from the Warta Fiskal published by the Fiscal Policy Agency of the Ministry of Finance of the Republic of Indonesia, as well as other supporting sources. From data through literature, social protection programs and support for Micro, Small, and Medium Enterprises (UMKM) show significant budget absorption development. While the health management program, sectoral support from ministries/agencies and local governments, and business incentives, the absorption is still low. The Government must pay attention to the implementation and effectiveness of the PC-PEN Program, including maintaining the most subordinate economic groups' consumption and giving priority to the distribution of stimulus funds to the sectors most affected by this pandemic. Keywords: Pandemic Covid-19, National Economic Recovery (PEN), PEN Budget
THE EVALUATION OF NATIONAL ECONOMIC RECOVERY PROGRAM (PEN) CLUSTER OF MICRO, SMALL AND MEDIUM ENTERPRISE Johnson Kennedy, Posma Sariguna
Fundamental Management Journal Vol. 6 No. 2p (2021): ISSN: 2540-9816 (print) Volume:6 No.2 Oktober 2021
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v6i2p.3411

Abstract

MSMEs spread throughout Indonesia are expected to be one of the main drivers in the national economic recovery (PEN) due to the COVID-19 pandemic. This study aims to evaluate the programs that have been carried out and the budget used in the PEN Program specifically for Micro, Small, and Medium Enterprises (MSMEs) in 2020 and look at the program in 2021. The research method used is a qualitative method by reviewing the literature related to research objectives. The PEN scheme for MSMEs is in the form of a debt restructuring program, postponement of debt installation payments for six months; Subsidizing installation interest of 6% and tax subsidy of 0%; MSME actors can also apply for loans with low-interest rates of only 3%; and productive presidential assistance for MSMEs (BPUM) that have not been in contact with banks, amounting to Rp. 2.4 million, which is allocated to 12 million business actors. In general, some MSMEs stated that their business was able to survive after obtaining BPUM funds. Keywords: National Economic Recovery, Micro, Small and Medium Enterprises (MSMEs), COVID-19 Pandemic
Strategic Management: TNI Manunggal Builds Villages as Bhakti TNI Johnson Kennedy, Posma Sariguna
Fundamental Management Journal Vol. 7 No. 1p (2022): ISSN: 2540-9816 (print) Volume:7 No.1 April 2022
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v7i1p.3880

Abstract

In operations other than war, it is stated that the TNI also has to assist regional governments. Together with the local government, the TNI has collaborated to carry out development in various fields jointly. The TNI has a Bhakti TNI program, namely TNI Manunggal Building Villages (TMMD), as the involvement of the TNI as a state tool to support the development and implementation of regional government without neglecting vigilance and National Defense and Security. This paper aims to look at the strategic management of the TMMD program. The research method used is a descriptive qualitative literature study. It will review it from the rationale SWOT analysis (strengths, weaknesses, opportunities, and threats) to strategic policies and evaluations from the TNI Manunggal Village Development implementation.Keywords: TNI, Unity, Village Building, Strategic Management
Model Matematika Struktural untuk Pertumbuhan Ekonomi dengan Anggaran Pertahanan Sebagai Variabel Endogen Johnson Kennedy, Posma Sariguna
Fundamental Management Journal Vol. 7 No. 2 (2022): ISSN: 2540-9816 (print) 2540-9220 (online) Volume:7 No.2 Oktober 2022
Publisher : Universitas Kristen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33541/fjm.v7i2.4271

Abstract

In this paper, “a structural mathematical model is made that explains how the variables of economic growth, defence budget, and investment simultaneously interact with one another. The simultaneous equation developed in this study consists of four structural equations: the relationship between defence spending with economic growth, relations with investment, relations with education, and the endogeneity of military expenditures. This equation, there is indicated a simultaneous system of four endogenous variables. The economic growth equation is used as an identity equation, and the defence budget in which there are traditional threat variables defined as autonomous to see the effect of crossing over on economic growth, investment and education budget.Keywords: Structural Mathematical Model, Simultaneous Equations, Economic growth, Economic Defense, Traditional Threats
Co-Authors 1, Silverawati ADOLF B. HEATUBUN Agustina, Doan Otanti Alexander Benedictus Bala T anastasia Anastasia Zefanya Anatasya Yanis Anggunsari, Ratih Anselmus Rufus Anton PW Nomleni Arif Fauzan, Arif Aswin Griksa Fitranto Ayub U.I. Meko Bala Tifaona , Alexander Benedictus Bala Tifaona, Alexander Benedictus Bastian Heatubun, Adolf Betayanti Oktavia Budi Leksono Busono , Bibin Busono, Bibin Chyntia Natasha Sihombing Cinta Sihombing Debbi Prasetia Angriawan Emma Tampubolon Emma Tampubolon Emma Tampubolon, Emma Erida Manalu Ezra Juninda Butar-Butar Fakhriansyah, Muhammad Farida Gultom Franky Sitorus Haetami, H Haetami, Haetami Hardi Surya Surya Harefa, Alvani Amaerita Harya P, Timothy Wisnu Hendrik, Toni Hidayat, Tofik Rahman Humala Situmorang Humala Situmorang Humala Situmorang Hutahaean, Ita Purnama Hutapea, Ganda T. Ignatius Abraham Enga Tifaona Irene, Patricia Josephine L.Tobing, Suzanna Kusuma, Vincentius Andi Mintarja L.Tobing, Suzanna Josephine L.Tobing, Suzanna Josephine L.Toruan, Rutman Laura Magdalena Tampubolon Lumbantoruan, Rutman Megawati . Melina Geni Putri Sinaga Melinda Malau Muliahadi Tumanggor Narsiana Melti Novita, Yohana Patricia Irene Permatasari, Fransisca Indah Pratama, Bernadt Andri Rahayu Widya Murti Rahman Hidayat, Tofik Rahmat Santoso, Rahmat Raintung, William Dwiarkha Lewu ratih, Ratih Anggunsari Ricky Martin Manullang Ricky Martin Manullang Ricky Martin Simanullang Ricky Simanullang Roy Sembel Rupiko Hayrani Rut Monica Desrianty T Ruth Mote Rutman L. Toruan Rutman L.Toruan Rutman L.Toruan Rutman Lumban Toruan Rutman Lumban Toruan Rutman Lumbantoruan Rutman Lumbantoruan Rutman Lumbantoruan1 Rutman Lumbatoruan Sahetapy, Mendy Thensya Santi Lina Santi Lina Santi Lina Santi Lina Siregar Santi Lina Siregar Sari, Oktavitaria Selvia Sitompul Septianingsih, Karunia Novia Ayu Setya, Roland Andi Sibarani, Mentiana Sihombing, Christina N. Silvanita, Ktut Simanjuntak, Cristin Simanjuntak, Priskila Theodora Sinaga, Monalisa Kartini Siregar, Santi Lina Sitorus, Frangky Yosua Situmorang, Humala Situmorang, Humala Sri Pare Suciati Suciati Sutrasna, Yudi Suwardi Mon, Petrus Suzanna Josephine L Tobing Suzanna Josephine L. Tobing Suzanna Josephine L.Tobing Suzanna Josephine L.Tobing Suzanna Josephine L.Tobing Suzanna Josephine Lumban Tobing Suzanna Josephine Tobing Suzanna Josephine Tobing Suzanna Josephine Tobing Suzanna, Suzanna Josephine LTobing Tarigan, Lukas Timothy, Miracle Tobing, Emerald GM. Tobing, Fenny BNL Tobing, Suzanna Josephine Tobing, Suzanna Josephine L. Tobing, Suzanna Josephine L. Tobing, Suzanna Josephine Lumban Toni Hendrik Toruan, Rutman L. Toruan, Rutman L. Toruan, Rutman Lumban Valensia Intan Dyah Kartika Winri Veronica Wulan Fitri Utami Yanis, A Yudi Sutrasna Zefanya, Anastasia