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BUILDING STRATEGIC CAPABILITY IN ENHANCING COMPETITIVE ADVANTAGE: EVIDENCE FROM BANK BJB IN INDONESIA’S DIGITAL BANKING TRANSFORMATION Natal Indra; Syukron Sazly; Suryanto Sosrowidigdo
Dynamic Management Journal Vol. 10 No. 3 (2026): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/ne1k4q84

Abstract

This study examines how digital capability, strategic agility, and innovation capability contribute to the competitive advantage of Bank BJB amid intensifying digital banking competition in Indonesia. The rapid growth of financial technology (fintech), the QRIS ecosystem, artificial intelligence (AI)-based banking services, and changing customer behavior has accelerated digital transformation across the banking industry. This study adopts a qualitative descriptive case study approach using secondary data collected from annual reports, banking industry publications, government reports, and credible media sources. The findings indicate that Bank BJB has strengthened its digital banking ecosystem, customer-oriented service innovation, and strategic responsiveness through mobile banking expansion, QRIS integration, digital payment systems, and operational digitalization initiatives. These capabilities collectively enhance organizational competitiveness, adaptability, operational efficiency, and long-term sustainability. The study recommends strengthening AI-driven banking services, cybersecurity systems, fintech collaboration, and digital customer experience. The study is limited by its qualitative approach and reliance on secondary data.
Pengaruh Budaya Organisasi dan Minat Kerja terhadap Produktivitas Karyawan pada Ksp Kopdit Guru Kelubagolit Kabupaten Flores Timur Elisabeth Theresia Muda; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2659

Abstract

Employee productivity in a member-based financial institution such as a credit cooperative depends heavily on internal organizational conditions, particularly shared values and employees' psychological attachment to their jobs. This study examines the effect of organizational culture and work interest on employee productivity at KSP Kopdit Guru Kelubagolit, East Flores Regency, both partially and simultaneously. A quantitative approach was applied using a saturated sampling technique involving all 39 employees as respondents. Data were collected via questionnaire and analyzed using multiple linear regression through SPSS 26. Results show organizational culture has no significant partial effect on employee productivity (t-count 1.894 < t-table 2.028; sig. 0.066 > 0.05), whereas work interest has a positive and significant partial effect (t-count 6.454 > t-table 2.028; sig. 0.000 < 0.05). Simultaneously, both variables significantly affect employee productivity (F-count 70.000 > F-table 3.25; sig. 0.000 < 0.05), with a coefficient of determination of 0.795, meaning 79.5% of the variation is explained by both variables, while 20.5% stems from other factors. These findings suggest that cooperative management should prioritize aligning employees' work interests with their duties while strengthening the internalization of organizational values.
Pengaruh Kepemimpinan Transformasional dan Motivasi Kerja terhadap Kinerja Karyawan pada Sektor Publik PT. Gayuh Media Informatika Tangerang Selfiyana Alfianti; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2660

Abstract

This study aims to examine the effect of transformational leadership and work motivation on employee performance at PT Gayuh Media Informatika, an information technology company operating in the public sector in Tangerang. The study employed a quantitative approach with a causal research design and used a saturated sampling technique involving all 37 permanent employees as respondents. Data were collected through a five-point Likert-scale questionnaire and analyzed using multiple linear regression with IBM SPSS Statistics 26. The results indicate that transformational leadership does not have a significant partial effect on employee performance (t = 1.031; sig. = 0.310 > 0.05), whereas work motivation has a positive and significant partial effect on employee performance (t = 2.789; sig. = 0.009 < 0.05). Simultaneously, transformational leadership and work motivation have a positive and significant effect on employee performance (F = 20.931; sig. = 0.000 < 0.05), with a coefficient of determination of 55.2%. These findings suggest that although transformational leadership alone is insufficient to improve employee performance, its combination with strong work motivation plays an important role in optimizing employee performance in a small-scale information technology company.
Pengaruh Return on Equity dan Devidend per Share terhadap Harga Saham Sub Sektor Perkebunan yang Terdaftar di BEI pada Tahun 2021 - 2025 Mutiara Sani Kaila Basri; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2661

Abstract

This study aims to analyze the effect of Return on Equity (ROE) and Dividend Per Share (DPS) on stock prices of plantation sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2025. The method employed is a quantitative approach using multiple linear regression analysis. The sample consisted of 9 companies selected through purposive sampling from a population of 28 companies, generating 45 observation data points. Prior to analysis, all classical assumption tests were satisfied through a logarithmic data transformation. Partial test results indicate that ROE does not have a significant effect on stock prices (t-value 0.069; sig. 0.945 > 0.05), whereas DPS has a positive and significant effect (t-value 10.751; sig. 0.000 < 0.05). Simultaneously, ROE and DPS together exert a significant effect on stock prices (F-value 57.796; sig. 0.000), with an Adjusted R Square of 0.721 or 72.1%. It is concluded that DPS is the dominant factor shaping stock prices in the plantation sub-sector. Companies are advised to maintain consistency in dividend payments to strengthen investor confidence and support stock price appreciation.
Pengaruh Lingkungan Kerja Fisik dan Budaya Kerja terhadap Efektivitas Kerja pada Divisi Administrasi PT Mitsuba Indonesia Kota Tangerang Oktaviani Dwi Prastiwi; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2662

Abstract

This research aims to examine the relationship between physical work environment conditions and work culture with the work effectiveness of employees of the Administration Division of PT Mitsuba Indonesia. The company operates in the manufacturing of automotive components and is located in Tangerang City. The background of this research is based on field findings that although the company's physical facilities are already relatively good, the level of employee compliance with company rules is not fully consistent, so there is an allegation that there is an imbalance between the physical aspect and the aspect of work culture that can affect the overall effectiveness of work. The approach used was quantitative associative, with all 54 employees in the division involved as respondents with the application of saturated sampling techniques. Data acquisition was carried out through questionnaires and direct observation and documentation studies, then analyzed showing that both physical work environment conditions and work culture have a positive and partially significant influence on work effectiveness, with contributions of 13.3% and 5.6% respectively while simultaneously the two variables contribute 28.2%. These findings reflect that increasing work effectiveness needs to be supported through the management of physical work environment conditions and the continuous strengthening of work culture.
Pengaruh Budaya Kerja dan Kepuasan Kerja terhadap Produktivitas Kerja Aparatur Sipil Negara pada Biro Sumber Daya Manusia Kementerian Kependudukan dan Pembangunan Keluarga Pusat Jakarta Timur Nia Syahrani; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2663

Abstract

This study examines the influence of work culture and job satisfaction on the work productivity of State Civil Apparatus (ASN) employees at the Human Resources Bureau of the Ministry of Population and Family Development, East Jakarta. Employee productivity is considered an important indicator of organizational effectiveness, particularly in public institutions responsible for delivering quality public services. The research employed a quantitative approach with a causal research design. A saturated sampling technique was applied, involving all 46 ASN employees as respondents. Primary data were collected through structured questionnaires using a five-point Likert scale and analyzed using SPSS version 25. The results indicate that work culture does not have a significant partial effect on employee work productivity (Sig. = 0.372 > 0.05; t = 0.901 < t-table = 1.681). In contrast, job satisfaction has a positive and significant influence on work productivity, making it the strongest determinant among the variables examined. Simultaneously, work culture and job satisfaction significantly affect employee productivity (F = 25.487 > 3.214; Sig. = 0.000). The coefficient of determination (R² = 0.542) shows that 54.2% of the variation in work productivity is explained by the proposed model, while the remaining 45.8% is influenced by other factors not examined in this study. These findings suggest that improving employees' job satisfaction should be prioritized to enhance productivity while maintaining a supportive organizational work culture.
Pengaruh Kepemimpinan Etis dan Keadilan Organisasional terhadap Perilaku Etis Karyawan pada PT X Ratu Bilqis Arifiani; Suryanto Sosrowidigdo; Siti Nurjanah
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 4 No. 4 (2026): Juli: Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v4i4.2664

Abstract

Employee ethical behavior plays an essential role in preserving organizational integrity, promoting professional conduct among employees, and improving sustainable organizational performance, especially within operational divisions where work demands and ethical dilemmas are relatively high. This research was conducted to examine both the individual and joint influences of ethical leadership (X1) and organizational justice (X2) on employee ethical behavior (Y) among operational employees at PT X. A quantitative study involving 42 respondents was analyzed using multiple linear regression in IBM SPSS Statistics 25 based on data collected through observations, interviews, and questionnaires. The analysis revealed that ethical leadership positively and significantly affects employee ethical behavior (t = 5.612; sig. = 0.000). Employee ethical behavior was found to be positively and significantly influenced by organizational justice (t = 6.723; sig. = 0.000). The simultaneous testing further demonstrated that ethical leadership and organizational justice collectively exert a significant effect on employee ethical behavior (F = 16.911; sig. = 0.000). The regression model produced an Adjusted R² value of 0.436, suggesting that 43.6% of the variation in employee ethical behavior can be explained by the two independent variables, whereas the remaining 56.4% is attributable to factors beyond the scope of this research.
Pengaruh Work-life balance dan Beban Kerja terhadap Kinerja Karyawan pada BPJS Ketenagakerjaan Cabang Cimone Rosyana Agustin; Suryanto Sosrowidigdo; Siti Nurjanah
Jurnal Manuhara : Pusat Penelitian Ilmu Manajemen dan Bisnis Vol. 4 No. 3 (2026): Jurnal Manuhara: Pusat Penelitian Ilmu Manajemen dan Bisnis
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/manuhara.v4i3.2665

Abstract

This research is based on the urgent need to improve employee performance in public sector institutions facing high service demands. Employee performance is shaped by various factors, including work-life balance and workload, both of which require proper management to maintain maximum productivity. This study was designed to examine work-life balance and workload on employee performance at the Cimone Branch of BPJS Ketenagakerjaan, both individually and simultaneously. The research used a quantitative approach with an associative design with a saturated sampling technique, resulting in a total of 45 employees acting as respondents. Data were collected through a Likert-scale questionnaire and processed with SPSS version 27, including validity, reliability, classical assumptions, multiple linear regression, t-test, F-test, and coefficient of determination tests. The findings show that work-life balance has a positive and significant impact on employee performance, while workload alone does not show a significant effect. However, when combined, the two variables have a positive and significant impact on employee performance, contributing 63.4%. These findings suggest that agencies should strengthen policies that support work-life balance and manage workloads proportionally to improve employee performance, service quality, and organizational effectiveness.
Pengaruh Debt to Equity Ratio dan Current Ratio terhadap Return on Equity pada Subsektor Perbankan BUKU IV yang Terdaftar di BEI Tahun 2022–2025 Najwa Az Zahra; Suryanto Sosrowidigdo; Siti Nurjanah
Jurnal Manuhara : Pusat Penelitian Ilmu Manajemen dan Bisnis Vol. 4 No. 3 (2026): Jurnal Manuhara: Pusat Penelitian Ilmu Manajemen dan Bisnis
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/manuhara.v4i3.2666

Abstract

The post-pandemic trajectory of profitability among Indonesia's BUKU IV banking institutions has prompted renewed attention toward the extent to which financial fundamentals contribute to corporate performance. Inconsistencies reported in prior empirical findings regarding the effects of the Debt-to-Equity Ratio (DER) and Current Ratio (CR) on Return on Equity (ROE) indicate that these relationships remain open to further investigation. Employing a quantitative approach, this study examines BUKU IV banks listed on the Indonesia Stock Exchange over the 2022–2025 period by utilizing annual financial statement data obtained through purposive sampling techniques. The estimation results derived from multiple linear regression suggest that higher leverage, as reflected by DER, is associated with an increase in ROE, whereas greater liquidity represented by CR corresponds to a decline in profitability. The simultaneous influence of both indicators on ROE is statistically significant, accounting for 41.6% of the observed variation in profitability, while the unexplained proportion may be attributable to other determinants not incorporated within the analytical framework of this study.
Pengaruh Free Cash Flow dan Total Asset Turnover terhadap Price to Book Value pada Perusahaan Subsektor Farmasi yang Terdaftar di Bursa Efek Indonesia Periode 2022-2025 Naufal Syafiq Aprizal; Suryanto Sosrowidigdo; Siti Nurjanah
Jurnal Manuhara : Pusat Penelitian Ilmu Manajemen dan Bisnis Vol. 4 No. 3 (2026): Jurnal Manuhara: Pusat Penelitian Ilmu Manajemen dan Bisnis
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/manuhara.v4i3.2667

Abstract

Firm value reflects the market's perception of a company's performance and future prospects, making it an important consideration for investors in making investment decisions. Price to Book Value (PBV) is one of the financial ratios commonly used to represent firm value. This study aims to examine the effect of Free Cash Flow (FCF) and Total Asset Turnover (TATO) on Price to Book Value (PBV) in pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange during the 2022–2025 period. This study employed a quantitative approach using secondary data obtained from the companies' annual financial statements. The samples were selected through a purposive sampling technique, resulting in seven companies with a total of 28 observations. Data were analyzed using multiple linear regression with IBM SPSS Statistics. Since the data did not initially satisfy the normality assumption, the PBV variable was transformed using the natural logarithm (Ln) prior to the regression analysis. The findings reveal that Free Cash Flow and Total Asset Turnover have a positive and significant partial effect on Ln_PBV. Furthermore, both variables simultaneously have a significant effect on Ln_PBV. The Adjusted R Square value of 0.321 indicates that the research model explains 32.1% of the variation in Ln_PBV, while the remaining 67.9% is influenced by other factors outside the model. These findings emphasize that effective free cash flow management and optimal asset utilization contribute to improving the market valuation of a company.