Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
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This Author published in this journals
All Journal Petra International journal of Business Studies (IJBS) Journal of the Community Development in Asia
Bernardus Aris Ferdinan
Darma Cendika Catholic University
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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The Impact of Strategic Renewal on Startup Performance: The Role of Digital Transformation and Market Pressure in SaaS-Based Startups in Jakarta and Surabaya Robertus Adi Nugroho; Bernardus Aris Ferdinan; Maria Indah Lestari Sepungan
Petra International Journal of Business Studies Vol. 8 No. 2 (2025): DECEMBER 2025
Publisher : Master of Management, School of Business and Management, Petra Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.9744/petraijbs.8.2.219-235

Abstract

The performance of a newly formed business is critical. This is especially true for organizations that are in fast-changing and intensely competitive markets. This study examines business performance and strategic renewal with particular emphasis on digital transformation as a mediator and market pressure as a moderator. Grounded in the Dynamic Capability Theory, the study sampled 181 Software as a Service (SaaS) startups in Jakarta and Surabaya, and the data were analyzed using PLS-SEM. The study found that strategic renewal and digital transformation (β = 0.647; p < 0.001) and organizational performance (β = 0.874; p < 0.001) are all significantly and positively correlated. The lack of evidence for the impact of strategic renewal on performance (β = 0.016; p = 0.753) suggests that there is no relationship, which is indicative of full mediation, with the implication that digital transformation is a full mediator. In addition, market pressure positively moderates the relationship between digital transformation and performance (β = 0.120; p = 0.017), underscoring the importance of industry competition. The study also contributes to dynamic capability theory by demonstrating the relationships among strategic renewal, digital transformation, and performance. The main practical implications from the research is that strategic plans should be combined with agile responsive digital market strategy plans.
The Moderating Role of Transformational Leadership in Managing Turnover Intention Among Generation Z Employees in Surabaya Bernardus Aris Ferdinan
Journal of The Community Development in Asia Vol 8, No 2 (2025): May 2025
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jcda.v8i2.3895

Abstract

This study aims to examine turnover intention among Generation Z employees in Surabaya, Indonesia. The sample consisted of 212 non-managerial employees. Data were collected through an online survey using Google Forms and analyzed using Structural Equation Modeling (SEM) via SmartPLS software. The results revealed that workplace incivility has a positive and significant effect on burnout; workplace incivility also has a positive and significant effect on turnover intention; burnout positively and significantly influences turnover intention; burnout mediates the relationship between workplace incivility and turnover intention; and transformational leadership moderates the relationship between workplace incivility and burnout.The practical implication of this study emphasizes the importance of leadership in fostering a positive communication culture, building rapport among employees, being proactive in conflict resolution, and taking firm action against inappropriate workplace behavior. Theoretically, the findings contribute to a deeper empirical understanding of the moderating role of transformational leadership. Leadership has been shown to act as a psychological buffer but may not entirely resolve psychological distress experienced by employees.
Co-Authors Maria Indah Lestari Sepungan Robertus Adi Nugroho