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Jurnal Manajemen Indonesia
Published by Universitas Telkom
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Articles 307 Documents
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Digital Innovation and Capability to Create Competitiveness Model of Cooperatives in Bandung, Indonesia Ratri Wahyuningtyas; Ganjar M Disastra; Risris Rismayani
Jurnal Manajemen Indonesia Vol 21 No 2 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i2.3633

Abstract

Digital innovation refers to innovations that take advantage of digital technology to obtain new results from digitalization. Currently the digital innovation process has been implemented in a competitive and cooperative setting. Cooperatives as social organizations are required to be able to follow environmental regulations by implementing digital innovation to accelerate national economic growth, reduce poverty levels, and support equitable distribution of people's income. The inability of cooperatives to adapt to meet needs and balance the era of the industrial revolution 4.0 will result in a downturn in cooperative management, such as what happened in 2017 where almost 40% of cooperatives in West Java were inactive. In digital innovation, digital capability are also needed to connect digital technology with professional digital talent. The purpose of this study is to identify and formulate a competitiveness model through digital innovation and capabilities with government support for cooperatives in Bandung. Primary data technique consists of distributing questionnaires, interviews and secondary data through literature studies. Keywords— Digital innovation; capabilities; competitiveness; cooperatives
Value Proposition Design for Custom Clothing Startup Using Design Thinking Approach Astri Ghina; Nurul Afifah
Jurnal Manajemen Indonesia Vol 21 No 1 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i1.3523

Abstract

There are thousands of digital-based startups in Indonesia but only few have a sustainable business development. One of the reasons is the products created by startups are not in accordance with market needs. Fashion is one of the startups that has the potential to develop in the digital age, because it is one of the second largest subsectors that contribute to the Indonesian economy. In the field of fashion, especially in customized clothing, the main obstacle experienced by business participants is low competitiveness against those who owns a branded business. This is indicated by dissatisfaction with the quality of the service, which resulted in unfaithful users. This research aims to explore the interaction between custom clothing businesses and their users so that the concerns coming from both parties can be used as the basis for creating digital-based solutions. This research focused in exploring the interaction between tailors and sewing service users using a design thinking approach. Qualitative method is used in this research and information is gathered using survey strategy. Data collection is conducted by in-depth interviews with tailors and sewing service users. Observation is also used to understand the tailor’s daily activities. The result shows that there is concern between tailors and their users. Proposed idea as a digital-based solution is project management with transparent sewing service process that can be seen by sewing service users. This research is limited to the stage of formulating digital feature ideas which can be used as the basis for designing rapid prototypes. Validation of the prototype can be conducted in the next study.
Can The IDX Be Hegded ? : Comparison of Black Scholes Option Model And Garch Option Model Using Long Strangle Strategy Riko Hendrawan; Gede Teguh Laksana; Wiwin Aminah
Jurnal Manajemen Indonesia Vol 20 No 3 (2020): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v20i3.3521

Abstract

The purpose of this research was to compare the accuracy of the Black Scholes option model and the GARCH option model on index options using IDX Composite (IHSG) data from 2009-2018 with the long strangle strategy. The Black Scholes volatility constructed by using historical volatility, while GARCH volatility constructed by using the ARIMA model and the best lag. The accuracy of options analyzed using the average percentage mean square error (AMSE) to find the best model. The results of this study showed that for the one month option, the GARCH model is more accurate for a call option with 0.26%, while the Black Scholes model is more accurate for a put option with 0.18%. For the two month option, the GARCH model is more accurate for a call option with 0.92%, while the Black Scholes model is more accurate for a put option with 0.26%. For the three month option, the Black Scholes model is more accurate for a call option and put option with 2.00% and 0.31%, respectively. The results of this study further sharpen the research conducted by Bhat and Arekar (2016)and Hendrawan(2010) Keywords : Black Scholes Options Model; GARCH Option Model; Long Strangle; ,Index Option.,
Does The Efficient Market Theory In The Weak Form Exist? Evidence From Indonesia Bram Hadianto; Hendrik Hendrik; Trishya Yuwana
Jurnal Manajemen Indonesia Vol 21 No 2 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i2.2703

Abstract

In the weak-form market efficiency theory, investors cannot predict the movement of all prices because of randomness. This circumstance happens because of a quick market reaction to new information. Conversely, suppose the market is not efficient in this shape; in that case, the investors can obtain an abnormal return. One of the reasons is the thin market, where many inactive stocks to be traded are available. Based on these issues, this research intends to examine this theory by employing runs testing on the daily returns of the Indonesia Composite Index (ICI) between January 2014 and December 2018 for each year and a whole. Once performing this test, this research demonstrates that the daily returns of the ICI are random for both situations. By denoting these facts, this research concludes that the capital market in Indonesia is efficient in a weak form and experiences a decrease in the thin level, reflected by the escalation in trading frequency, volume, and value, as well as the number of dynamic shares transacted. This research suggests that investors without sufficient information should utilize the service of the securities analysts to select the stocks they buy and sell to get the capital gain. Keywords – an efficient market in the weak form; market index return; runs test; thin market
Priority Policies And Program Of UIN Sunan Gunung Djati Bandung Toward World Class University Dindin Jamaluddin; Tedi Priatna; Khaerul Umam; Epa Paujiah; D. Miharja; Asep Andi Rahman
Jurnal Manajemen Indonesia Vol 21 No 1 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i1.3434

Abstract

The rising global competition makes State Islamic University (UIN) Sunan Gunung Djati Bandung, to increase the quality of its institution toward World Class University. This study aims to describe the university policies and the recommended top priority programs for the next five years (2019-2023). This study was conducted in 2019 on the campus. The study used descriptive analysis and the result was analyzed based on Quacquarelly Symonds (QS) ranking. The data was gathered using a forum group discussion and field study. The field study was in the form of benchmarking on several universities in Indonesia. The result showed that the growth rate was constant, and it can be meassured that UIN Sunan Gunung Djati Bandung will become World Class University by 2029; It will have score 23 and will be in the 500 QS Asia World University ranking. Through annual programs and targets, UIN Sunan Gunung Djati Bandung can achieve its goals to be a world class university. Keywords—Higher Educational Institution; QS Ranking; UIN Sunan Gunung Djati; World Class University
Total Assets Turnover Against Dividend Payout Ratio: The Role of Return On Assets Mediation Ira Puspita Setyaningsih; Indah Yuliana
Jurnal Manajemen Indonesia Vol 20 No 3 (2020): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v20i3.3517

Abstract

The research objective is to examine the direct effect of TATO and ROA on the DPR, TATO on ROA, and the indirect effect of TATO on the DPR through ROA in the consumer goods industry sector in 2016-2018. The study population was all companies in the consumer goods industry sector with a total of 38 companies, while the samples taken were 21 companies. This type of research is quantitative research using Warp Partial Least Square (Warp-PLS) for data analysis. The direct effect test results show that TATO has no significant effect on the DPR, TATO significantly influences ROA and ROA significantly influences DPR. While the results of indirect influence testing prove that TATO significantly influences DPR through ROA, so the higher ROA is closer to the relationship between TATO and DPR. Keywords ? Total Assets Turnover (TATO); Return On Assets (ROA); Dividend Payout Ratio (DPR)
Differences In Consumers’ Attitude Towards Online Shops Based On Product Types And Consumer Characteristics And Their Influence On Repurchase Interests Ike Janita Dewi; Odilia Larasati Hertaswari
Jurnal Manajemen Indonesia Vol 21 No 1 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i1.2430

Abstract

The research responds to the new realities in marketing environment following the rapid development of internet and information technology. In accordance with Yadav and Pavlou’s (2014) new research directions in computer-mediated environments, this research examines the relevance of market segmentation in online distribution strategies. Specifically, this research aims at analyzing: (1) the difference in consumers’ attitudes towards online shops based on consumers’ demographic and behavioral characteristics, (2) the difference in consumers’ attitudes towards online shops depending on product type sold by the online shops, and (3) influence of attitude towards online shops on repurchase intentions. Data were collected using online and offline questionnaire to 200 respondents. Data analysis techniques include Analysis of Variance, multiple comparison, and simple linear regression. Results of the research show that demographic (gender and age) and behavioral (frequency of purchase) segmentation variables can generally explain differences in consumers’ attitude towards online shops. Differences in consumers’ attitudes are also shown in the cases of different product types (gadgets versus fashion) sold in the online shops. Lastly, consumers’ attitudes positively affect repurchase intention. Keywords— attitude; computer-mediated consumer behavior
Socio-Economic Conditions and Adoption of Regional Tax Information System Innovations (At the Cimahi City Government Regional Revenue Management Agency) Eko Setyanto; Rini Handayani
Jurnal Manajemen Indonesia Vol 20 No 3 (2020): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v20i3.3522

Abstract

In the aim of increasing accountability and receipt of local revenue, especially Regional Taxes, Cimahi City Regional Government, namely the Regional Revenue Agency Management Agency (Bappenda) of Cimahi City, made an innovation in the form of regional tax information systems including e-pad and so on. local tax information system, especially by employees of Cimahi City Bappenda. Bappenda of Cimahi City, in particular has made various efforts such as improving the socio-economic conditions of its employees such as education, income, age, and cosmopolitan. This study aims to determine the socio-economic conditions and the adoption of innovative local tax information systems in Cimahi City Bappenda. This research was conducted using quantitative methods. Data was obtained using a questionnaire distributed to employees of Cimahi City Bappenda. The analysis of this study uses multiple linear regression to determine the effect of education, income, age and cosmopolitan on the adoption of local tax information system innovations either simultaneously or partially. The results showed that education, income, age and cosmopolitan influenced the adoption of regional tax information system innovations in a positive and significant part, and the relationship of all independent variables simultaneously with the adoption of local tax information system innovations included in the criteria of a very strong relationship. Keywords— Innovation Adoption; Socio-Economic; Regional Tax Information System.
Online Shop Consumer Purchasing Decision: A Study on The Significance of Self-Esteem and Marketing Mix Tety Elida; Wahyu Rahardjo; Ari Raharjo
Jurnal Manajemen Indonesia Vol 21 No 2 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i2.2751

Abstract

The phenomenon of online shopping through various internet media broadens the scopes of studies in economics and psychology. The considerable factors which influence the purchasing decision of consumers in online shopping are the internal factors (e.g., self-esteem) and external factors (e.g., marketing mix). The aim of this study is to prove the constellation of self-esteem and marketing mix that can explain the purchasing decision of consumers in online shopping. The participants of this study are 270 online shoppers from various professions and ages. SEM is used to accomplish the objectives of the study. The findings showed that the empirical model achieved the goodness of fit which indicated that self-esteem and marketing mix had correlation with an online shopper purchasing decision. Moreover, the study found that self-esteem partially had no direct influence towards purchasing decision, yet it had a direct influence on marketing mix. On the other hand, marketing mix had a direct influence on purchasing decision. Keywords—consumer behavior; self-esteem; marketing mix; purchasing decision; online shopping
The Role of Service Quality on Subjective Well-Being of Students, With Mediators of Satisfaction and Customer Company Identification Muhamad Singgih Pradipto; Albari Albari
Jurnal Manajemen Indonesia Vol 21 No 1 (2021): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v21i1.2648

Abstract

The level of service quality is often a shared measure between providers and users of products for transactions. High quality demands by service users can make service providers to implement an effective work culture. For service users, quality can be used as a basis for assessing satisfaction after receiving service. Using certain services can also arouse the customer's self-perception that he is fit to consume the service produced by providers who are committed to quality. High results from quality, satisfaction, and self-identification of users at service providers become the basis for users to conduct subjective well-being evaluations from time to time. The relationship between these variables was disclosed in this study. This study used a survey method, with a population of students who were still actively studying at 6 universities in DIY. A total of 166 students were selected by convenience sampling method to serve as research samples. By using regression analysis and the SPSS program, it can be proven that there is an indirect effect of service quality on subjective well-being. The results showed that satisfaction and customer-company identification have very important roles, because both variables function as mediators of the influence of service quality on subjective well-being, but satisfaction has a more dominant role than customer identification. From the results of this study it is suggested that universities need to pay attention to the closeness of the relationship with their students, but what is more important is to increase their satisfaction with overall services, such as when they are on campus. Keywords-- service quality, satisfaction, customer-company identification, subjective well-being

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