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Jurnal Manajemen Teknologi
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Jurnal Manajemen Teknologi merupakan salah satu publikasi ilmiah yg diterbitkan oleh SBM ITB, dalam kerangka untuk mendorong pengembangan praktik dan teori manajemen di Indonesia melalui penyebarluasan temuan-temuan hasil riset di bidang sains dan kasus manajemen. Jurnal ini dikenal secara luas dikalangan praktisi dan akademisi di Indonesia sebagai 'The Indonesian Journal for the Science of Management' yang mencakup bidang-bidang antara lain: Knowledge and People Management, Operations and Performance Management, Business Risk, Finance and Accounting, Entrepreneurship, Strategic Business and Marketing and Decision Making and Strategic Negotiation. Jurnal Manajemen Teknologi ( ManTek ) sudah terakreditasi "B" berdasarkan Keputusan Direktur Jendral Pendidikan Tinggi, Departemen Pendidikan Nasional Nomor: 81/DIKTI/Kep/2011. Masa Berlaku 5 (lima) tahun sejak tanggal ditetapkan. Dan terindeks oleh Indonesian Publication Index (IPI), Google Schoolar. Print ISSN: 1412-1700; Online ISSN: 2089-7928
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Articles 469 Documents
Does Shopping Orientation and Gender Different Affect Online Shopping Lifestyle? Nofirda, Fitri Ayu; Dwita, Vidyarini
Jurnal Manajemen Teknologi Vol. 23 No. 3 (2024)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2024.23.3.2

Abstract

Abstract. This study aims to determine the Influence of Shopping Orientation and Gender Different on Online Shopping Lifestyle in Pekanbaru City. This research was conducted in Pekanbaru City with 104 respondents. This study used quantitative methods by drawing research samples using the purposive sampling method. Data testing using validity tests, reliability tests, classical assumption tests, multiple linear regression tests, there are two hypothesis tests and determination tests with the help of SPSS 23 software. The results of this study show that Market Orientation and Gender Different partially affects Online Shopping Lifestyle, Gender Different partially affects Online Shopping Lifestyle, and Shopping Orientation and Gender Different partially affects Online Shopping Lifestyle The findings suggest that market orientation can enhance their position for success by improving their online shopping lifestyle. Overall, this study provides valuable insights into the importance of market orientation in enhancing production performance for manufacturing SMEs, and its implications can be useful for practitioners, policymakers, and scholars interested in ecommerce platform competitiveness. Keywords: Market orientation, shopping orientation, gender different, online shopping lifestyle, e-commerce Abstrak. Penelitian ini bertujuan untuk mengetahui Pengaruh Orientasi Belanja dan Gender Different Terhadap Online Shopping Lifestyle di Kota Pekanbaru. Penelitian ini dilakukan di Kota Pekanbaru dengan jumlah responden 104 orang. Penelitian ini menggunakan metode kuantitatif dengan penarikan sampel penelitian menggunakan metode purposive sampling. Pengujian data menggunakan uji validitas, uji reliabilitas, uji asumsi klasik, uji regresi linear berganda, uji hipotesis dan uji determinasi dengan bantuan software SPSS 23. Hasil penelitian ini menunjukkan bahwa Orientasi Belanja secara parsial berpengaruh terhadap Online Shopping Lifestyle,Gender Different secara parsial berpengaruh terhadap Online Shopping Lifestyle, dan Orientasi Belanja dan Gender Different secara parsial berpengaruh terhadap Online Shopping Lifestyle Kata kunci: Orientasi Pasar, orientasi belanja, perbedaan gender, gaya hidup belanja online, e-commerce
The Influence of Transformational Leadership on Construction Services Business Performance Through TQM and Digital Capabilities in the Post-Covid-19 Era Permana, Erwin; Thalib, Supriadi; Rachbini, Widarto; Wulandjani, Harimurti; Murni, Yetti; Juliana, Juliana
Jurnal Manajemen Teknologi Vol. 23 No. 3 (2024)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2024.23.3.4

Abstract

Abstract. The construction industry is one of the many global businesses that have felt the serious impact during the COVID-19 pandemic. Research on the construction services industry in the post-covid-19 era aims to: 1). Analyzing the influence of transformational leadership on company performance. 2) Analyze the influence of transformational leadership on digital capabilities. 3) Analyze the influence of transformational leadership on TQM. 4) Analyzing the influence of digital capabilities on performance, and 5) Analyzing the influence of TQM on performance. This study uses a quantitative approach. The research respondents were 100 leaders of construction service companies in Jakarta, the capital city of Indonesia. Data was collected through a questionnaire instrument. Data analysis was carried out using Structual Equation Model (SEM) With Partial Least Square (PLS). This research was carried out with a series of test scenarios, namely 1). digital capability as a mediator variable without TQM; 2). TQM as a mediator variable without digital capabilities; and 3). Digital capabilities together with TQM become a mediator between transformational leadership and performance. The research results show that without implementing TQM, digital capabilities mediate the relationship between transformational performance. Without digital capabilities, TQM completely mediates the influence of transformational leadership on performance. If digital capabilities and TQM are used as mediation simultaneously, TQM becomes a complete mediating variable in the relationship between transformational leadership and the performance of construction service companies in the post-Covid-19 era. This research opens up opportunities and recommends the emergence of research that integrates TQM-Digital. Keywords: Transformational leadership, digital capabilities, TQM and Performance. Abstrak. Industri konstruksi merupakan salah satu dari sekian banyak bisnis global yang merasakan dampak serius selama pandemi COVID-19. Penelitian pada industry jasa konstruksi dimasa post-covid-19 ini bertujuan untuk: 1). Menganalisis pengaruh kepemimpinan transformasional terhadap kinerja perusahaan. 2) Menganalisis pengaruh kepemimpinan transformasional terhadap kapabilitas digital. 3) Menganalisis pengaruh kepemimpinan transformasional terhadap TQM. 4) Menganalisis pengaruh kapabilitas digital terhadap kinerja, dan 5) Menganalisis pengaruh TQM terhadap kinerja. Penelitian ini menggunakan pendekatan kuantitatif. Responden penelitian adalah 100 orang pimpinan perusahaan jasa konstruksi di Jakarta, ibu kota Indonesia. Data dikumpulkan melalui instrumen kuesioner. Analisis data dilakukan dengan Structual Equation Model (SEM) With Partial Least Square (PLS). Penelitian ini dilakukan dengan serangkaian skenario uji, yakni 1). kapabilitas digital sebagai variabel mediator tanpa TQM; 2). TQM sebagai variabel mediator tanpa Kapabilitas digital; dan 3). Kapabilitas digital secara bersama-sama dengan TQM menjadi mediator antara kepemimpinan transformasional terhadap kinerja. Hasil penelitian menunjukkan bahwa tanpa penerapan TQM, kapabilitas digital memediasi hubungan antara transformasional terhadap kinerja. Tanpa kapabilitas digital, TQM memediasi secara penuh pengaruh antara kepemimpinan transformasional terhadap kinerja. Jika kapabilitas digital dan TQM dijadikan sebagai mediasi secara bersamaan maka TQM menjadi variabel mediasi secara penuh hubungan antara kepemimpinan transformasional leadership terhadap kinerja perusahaan jasa konstruksi dimasa post-Covid-19. Penelitian ini membuka peluang sekaligus merekomendasikan bagi munculnya penelitian yang mengintegrasikan TQM-Digital. Kata Kunci: Kepemimpinan transformasional, kapabilitas digital, TQM dan kinerja.
Human Resource Management Based on Sharia: How Employees Determine Sharia Law in the Context of Islamic Finance (Case Study: Bank Syariah Indonesia in Malang City, East Java) Ragil, Bambang; Purnomo, Eko Priyo; Hadiyati, Ernani
Jurnal Manajemen Teknologi Vol. 23 No. 3 (2024)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2024.23.3.3

Abstract

Abstract. This research explores employee perceptions of Sharia principles in the context of Human Resource Management (HRM) at Bank Syariah Indonesia in Malang City, East Java. The study employs a case study design with a qualitative approach, chosen for its ability to provide an in-depth understanding of how employees perceive and apply Sharia principles within the framework of Sharia-oriented HRM at the bank. Data were collected through in-depth interviews, direct observation, and document analysis involving a purposive sample of 15 employees from various positions within the bank, including staff and managers, with diverse lengths of service and demographic characteristics. The findings suggest that education and training focused on Sharia principles are crucial in shaping employees' understanding and attitudes. Additionally, a Shariah-oriented organizational culture positively influences employee behaviors and attitudes, aligning them more closely with the institution's values. These results offer practical implications for Islamic financial institutions, emphasizing the need to strengthen educational programs and enhance organizational culture to foster Sharia-compliant human resources. Furthermore, the study highlights opportunities for better employee development, particularly in developing technical skills and integrating Islamic ethical values. In conclusion, this research significantly contributes to the literature on Islamic-oriented HRM and provides valuable insights for practitioners and researchers in the field. Keywords: Human Resource Management (HRM), sharia principles, employee perception, islamic finance   Abstrak. Penelitian ini mengeksplorasi persepsi karyawan terhadap prinsip-prinsip Syariah dalam konteks Manajemen Sumber Daya Manusia (MSDM) di Bank Syariah Indonesia di Kota Malang, Jawa Timur. Penelitian ini menggunakan desain studi kasus dengan pendekatan kualitatif, yang dipilih karena kemampuannya untuk memberikan pemahaman yang mendalam tentang bagaimana karyawan memandang dan menerapkan prinsip-prinsip Syariah dalam kerangka kerja MSDM yang berorientasi Syariah di bank tersebut. Data dikumpulkan melalui wawancara mendalam, observasi langsung, dan analisis dokumen yang melibatkan sampel purposif sebanyak 15 karyawan dari berbagai posisi di bank, termasuk staf dan manajer, dengan masa kerja dan karakteristik demografis yang beragam. Temuan menunjukkan bahwa pendidikan dan pelatihan yang berfokus pada prinsip-prinsip Syariah sangat penting dalam membentuk pemahaman dan sikap karyawan. Selain itu, budaya organisasi yang berorientasi pada Syariah secara positif mempengaruhi perilaku dan sikap karyawan, menyelaraskan mereka lebih dekat dengan nilai-nilai institusi. Hasil penelitian ini memberikan implikasi praktis bagi lembaga keuangan syariah, yang menekankan perlunya memperkuat program pendidikan dan meningkatkan budaya organisasi untuk membina sumber daya manusia yang patuh terhadap Syariah. Selain itu, penelitian ini menyoroti peluang untuk pengembangan karyawan yang lebih baik, terutama dalam mengembangkan keterampilan teknis dan mengintegrasikan nilai-nilai etika Islam. Kesimpulannya, penelitian ini memberikan kontribusi yang signifikan terhadap literatur tentang HRM berorientasi Islam dan memberikan wawasan yang berharga bagi para praktisi dan peneliti di lapangan. Kata kunci: Manajemen Sumber Daya Manusia (MSDM), prinsip-prinsip syariah, persepsi karyawan, keuangan syariah
Innovation Platforms as A Strategy to Support the Agricultural Innovation System in Indonesia: Case study on The Implementation of Jajar Legowo Super Purwaningsih, Indah; Ayunda, Winda Anestya; Ariana, Lutfah
Jurnal Manajemen Teknologi Vol. 23 No. 3 (2024)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2024.23.3.5

Abstract

Abstract. The strategy for utilizing research results through collaboration between stakeholders is crucial in developing agricultural innovation system. This study examines the multi-stakeholders collaboration on the scaling process of the Jajar Legowo (Jarwo) Super technological package as the research result of the Agricultural Research and Development Agency (Balitbangtan), Ministry of Agriculture (MoA), Indonesia. Employing the innovation platform framework, this study explores the multi-stakeholders’ perspectives by conducting semi-structured interview with related stakeholders: researchers, policy makers, disseminators, and local governments. The innovation platform framework is applied to map the actors, roles and functions that support the scaling process along the value chain from the problem identification, towards technology development through experimentation and the upscaling process in the system. The study finds that the innovation platform succesfully improve the rice productivity in some regions despite some challenges. Instead of full technology application, farmers prefer integratge them with indigenous practice due to the limited absorptive capacity, socio-economic background and natural conditions of the region. Also, the findings highlight the gap in multistakeholder relation despite the central rolef of the central government that not only act as a policy maker but also technlogy developer, disseminator, and logistic providers. The goverment is suggested to enhance the institutional arrangements by engaging industry in input logistic system to provide farmers’ access on technology supply and integrate policoes/programs with the local government and  other related stakeholders to accelerate the upscaling process. Keywords:  Agricultural innovation system; Innovation platform; Jajar legowo super; Multi-stakeholders collaboration, sclaing process
Understanding Consumer Intentions to Purchase Local and Second-hand Fashion in Indonesia Wardana, M. Azka Kesuma; Kurniawan, Rudi
Jurnal Manajemen Teknologi Vol. 23 No. 3 (2024)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2024.23.3.1

Abstract

Abstract. The fashion industry in Indonesia continues to grow, including trends in local fashion products and second-hand clothing. This study aims to determine the factors that shape consumers' purchase intention towards these fashion products by analyzing the influence of self-efficacy, product specifications, socio-cultural factors, and the mediating role of hedonic motivation. Using a quantitative approach with online questionnaires and purposive sampling (at least 200 respondents), the study used Structural Equation Modeling (SEM) Partial Least Square (PLS) 4.0 for validity testing, reliability, and structural analysis. The results showed that self-efficacy has a significant positive effect on the purchase intention of local fashion products and second-hand clothing. Product specifications and socio-cultural factors have a significant positive effect on purchase intention for local fashion products, but not for second-hand clothing. Hedonic motivation does not mediate the effect of self-efficacy, product specifications, and socio-cultural factors on purchase intention of local fashion products, but mediates the effect of self-efficacy and socio-cultural factors on purchase intention of second-hand clothing. The findings offer insights for marketing strategy and brand management in the local and second-hand fashion industry, emphasizing the importance of consumer trust and specific factors that influence purchase decisions. Keywords:  Fashion, local product, second-hand, purchase intention, hedonic motivation   Abstrak. Industri mode di Indonesia terus berkembang seiring dengan tren produk fashion lokal dan pakaian bekas. Penelitian ini bertujuan untuk menentukan faktor-faktor yang membentuk minat beli konsumen terhadap produk fashion tersebut dengan menganalisis pengaruh self-efficacy, spesifikasi produk, faktor sosial-budaya, serta peran mediasi motivasi hedonis. Penelitian ini menggunakan pendekatan kuantitatif dengan kuesioner online dan teknik purposive sampling (minimal 200 responden). PLS-SEM digunakan untuk pengujian validitas, reliabilitas, dan analisis struktural. Hasil penelitian menunjukkan bahwa self-efficacy memiliki pengaruh positif signifikan terhadap minat beli pada produk fashion lokal dan pakaian bekas. Spesifikasi produk dan faktor sosial-budaya memiliki pengaruh positif signifikan terhadap minat beli produk fashion lokal, namun tidak terhadap pakaian bekas. Motivasi hedonis tidak memediasi pengaruh self-efficacy, spesifikasi produk, dan faktor sosial-budaya terhadap minat beli produk fashion lokal, tetapi memediasi pengaruh self-efficacy dan faktor sosial-budaya terhadap minat beli pakaian bekas. Temuan ini memberikan wawasan untuk strategi pemasaran dan manajemen merek di industri fashion lokal dan pakaian bekas, dengan menekankan pentingnya kepercayaan konsumen dan faktor spesifik yang memengaruhi keputusan pembelian. Kata Kunci: Mode, Produk Lokal, Second-Hand, Niat pembelian, Motivasi hedonisme
A Hydroponic Vegetable Business Development Strategy: A Case Study of CV Casa Farm sayekti, ayutyas; Putri, Deta Alifia Almi
Jurnal Manajemen Teknologi Vol. 21 No. 3 (2022)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2022.21.3.1

Abstract

Abstract. The Business Development Strategy for CV Casa Farm emerged from an analysis of the external and internal environments mapped using a SWOT matrix with a focus on weaknesses and opportunities. Several production problems, such as yellowing of vegetables, rotting roots, and the spread of disease that caused production failures and planting media waste, could be reduced to minimize costs and increase productivity to meet the demand for vegetables in the city of Bandung.  Problems were also identified with management and governance, such as overlaps in the allocation of tasks causing unfavorable work performance and decreased productivity.  Applying IoT technology could increase vegetable weight by 37.7% and reduce production failures from 12.85% to 7.14%. Based on non-financial factors, including the market, production, organization and management, human resources, and collaboration, the implementation of IoT technology was judged to be feasible. Based on a financial and partial analysis, the investment feasibility obtained NPV> 0 of Rp1,247,103,045.33, with a Net B/C value of 2.63, Gross B/C of 1.62, IRR acquisition of 31%, a payback period of four years and three months, and an increased profit of Rp27,849,345.00, the business development strategy was judged to be feasible using IoT Simon Kori technology because it met the investment criteria and brought additional benefits. In the sensitivity analysis, a 20% decrease in the product selling price was shown to have an impact on the feasibility of implementing IoT. An incremental net benefit analysis indicates that the net benefit from applying IoT technology would be Rp2,402.477,276.13.Keywords: CV Casa Farm, hydroponic vegetable, IoT technology, productivity improvement, SWOTAbstrak. Strategi Pengembangan Bisnis pada CV Casa Farm dibentuk berdasarkan analisis lingkungan eksternal dan internal yang dipetakan menggunakan matriks SWOT dengan berfokus pada kelemahan dan peluang. Terdapat beberapa permasalahan seperti sayur menguning, akar membusuk, penyebaran penyakit yang menyebabkan kegagalan produksi. Kegagalan produksi menyebabkan adanya limbah media tanam, Kegagalan dapat di minimalisir untuk memaksimalkan biaya yang dikeluarkan serta meningkatkan produktivitas perusahaan guna memenuhi permintaan sayur di Kota Bandung.  Selain itu terdapat permasalahan pada tata Kelola manajemen yang kurang baik, seperti adanya tumpeng tindih dalam pembagian tugas yang menyebabkan kerja  tidak kondusif dan produktifitas kerja  menurun . Penerapan teknologi IoT dapat meningkatkan bobot sayur 37,7% dan meminimalisir kegagalan produksi dari 12,85% menjadi 7,14%. Berdasarkan aspek non finansial yang meliputi aspek pasar, produksi, organisasi dan manajemen, SDM, serta kolaborasi, penerapan teknologi IoT ini layak untuk dijalankan. Berdasarkan analisis finansial dan parsial, kelayakan investasi diperoleh NPV>0 sebesar Rp1.247.103.045,33, dengan nilai Net B/C sebesar 2,63, Gross B/C sebesar 1,62, perolehan  IRR sebesar 31%), dengan Payback period sebesar 4 tahun 3 bulan, dan keuntungan tambahan sebesar Rp27.849.345,00, maka Strategi pengembangan bisnis dengan mengadopsi teknologi IoT Simon Kori pada CV Casa Farm layak untuk dijalankan karena memenuhi kriteria investasi dan terdapat keuntungan tambahan.Pada analisis sensitivitas, diketahui penurunan harga jual sebesar 20% berdampak pada kelayakan penerapan IoT  Pada perhitungan analisis incremental net benefit, manfaat bersih dari penerapan teknologi IoT yaitu sebesar Rp2.402.477.276,13.Kata kunci: CV Casa Farm, peningkatan produktivitas, hidroponik, SWOT, teknologi IoT
Strategic Design to Increase MSME Intentions in Exporting with Standards for Global Market Needs Hanifa, Tsamara Nurul; Muslim, Erlinda
Jurnal Manajemen Teknologi Vol. 21 No. 3 (2022)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2022.21.3.3

Abstract

Abstract. The contribution of Indonesia's exports, with the number of business entities dominating at 99.99%, is relatively low at 14.37%. Meanwhile, large business entities achieved an export contribution for Indonesia of 85.63%. Indonesia was predicted to emerge from the middle-income trap phenomenon in 2036, implying that Indonesia will become a high-income country with the fourth-largest GDP in the world. This demonstrates that Micro, Small, and Medium Enterprises (MSMEs) have enormous potential and opportunities to expand international trade. The many factors hindering MSMEs from exporting and high export standards were among the critical factors for the low intention of MSMEs in exporting and choosing to focus on domestic selling. This study used the Principal Component Analysis (PCA) and Interpretive Structural Modeling (ISM) methods to find out the main factors that cause low intentions on the awareness of MSME business actors in exporting by reducing data on the PCA method to perceived barrier and enabler factors. The ISM method helped produce policy formulation and strategic planning by analyzing the influence of the relationship between factors. 13 main barriers and six main enabler factors were obtained; from them, the action plan was designed through appropriate strategic planning, ordered by the priority of barrier factors and enablers, which are known from the partition level in the ISM model based on the results of discussion agreements with experts. Keywords: Export; export barriers; export enablers, msmes, Indonesian mses, principal component analysis (PCA); interpretive structural modeling (ISM) Abstrak. Kontribusi ekspor Indonesia dengan jumlah entitas bisnis yang mendominasi sebesar 99,99% ternyata kontribusi terhadap ekspor masih cukup rendah dengan persentase 14,37%. Sedangkan entitas bisnis usaha besar mampu mencapai kontribusi ekspor untuk Indonesia sebesar 85,63%. Diprediksi Indonesia akan keluar dari fenomena middle income trap ditahun 2036, maksud dari prediksi tersebut adalah Indonesia akan menjadi negara berpendapatan tinggi dengan nilai PDB terbesar ke-4 di dunia. Hal ini menunjukkan bahwa Usaha Mikro, Kecil, dan Menengah (UMKM) memiliki potensi atau peluang yang sangat besar untuk memperluas perdagangan internasional. Banyaknya faktor yang menghambat para pelaku UMKM dalam melakukan ekspor serta adanya standar ekspor yang tinggi merupakan salah satu faktor kunci rendahnya intensi UMKM dalam melakukan kegiatan ekspor dan memilih untuk melakukan penjualan secara domestik. Penelitian akan menggunakan metode Principal Component Analyisis (PCA) dan Interpretive Structural Modelling (ISM) untuk mengetahui faktor utama yang menyebabkan rendahnya intensi atas kesadaran pelaku usaha UMKM dalam melakukan ekspor dengan cara reduksi data pada metode PCA terhadap faktor barrier dan enabler yang dirasakan dan metode ISM membantu menghasilkan rumusan kebijakan dan perencanaan strategis dengan menganalisis pengaruh hubungan antar faktor. Diperoleh 13 faktor barriers utama dan 6 faktor enabler utama, dari faktor utama yang diperoleh tersebut action plan atau solusi dirancang melalui perencanaan strategis yang tepat berdasarkan urutan prioritas faktor barrier dan enabler yang diketahui dari level partisi pada model ISM berdasarkan hasil kesepakatan diskusi dengan para pakar.Kata Kunci: Ekspor ; barrier ekspor ; enabler ekspor, UMKM, UMK Indonesia, principal component analyisis (PCA) ; interpretive structural modelling (ISM)
Does Pricing Strategy Increase the Competitive Advantage of Companies Implementing an ABC System? Devie, Devie; Kwistianus, Hendri; Antonia, Aileen Jessica; Wijaya, Elizabeth; Hatane, Saarce Elsye
Jurnal Manajemen Teknologi Vol. 21 No. 3 (2022)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2022.21.3.4

Abstract

Abstract. This study aims to investigate the extent to which pricing strategy creates an effective competitive advantage for companies implementing an activity-based costing (ABC) system in their production activities. The research data were obtained through a questionnaire-based survey of several manufacturing companies in Indonesia that implement ABC systems. This research used the Structural Equation Model with Partial Least Square statistical method. The results of this research indicate that those companies who apply an ABC system are capable of making their pricing strategy more effective and increasing their competitive advantage. The empirical results show that price competition is unavoidable among manufacturing industries. However, implementing an ABC system can increase manufacturing companies' competitive advantage. Thus, the implementation of an ABC System employs pricing strategy as a determinant factor of competitive advantage. This research supports the results of previous studies that also concluded that there is a strong relationship between ABC systems and competitive advantage. In addition, this research found that pricing strategy can improve competitive advantage with implementation of an ABC System.Keywords: Activity-based costing system; competitive advantage; pricing strategy Abstrak. Studi ini bertujuan untuk menginvestigasi sejauh mana Strategi Penetapan Harga mampu menciptakan Keunggulan Bersaing yang efektif bagi perusahaan yang menerapkan Sistem Activity Based Costing dalam kegiatan produksinya. Data dalam penelitian ini didapatkan menggunakan survei berbasis kuesioner dari perusahaan manufaktur di Indonesia yang menerapkan Sistem Activity Based Costing. Penelitian ini akan menggunakan Structural Equation Model (SEM) dengan metode statistic Partial Least Square. Hasil penelitian ini menunjukkan bahwa perusahaan yang menerapkan Sistem Activity Based Costing terbukti mampu membuat Strategi Penetapan Harga perusahaan lebih efektif dan sekaligus berdampak pada peningkatan Keunggulan Bersaing. Hasil empiris menunjukkan bahwa persaingan harga tidak dapat dihindari dalam industri manufaktur. Tetapi, dengan menerapkan Sistem Activity Based Costing, perusahaan manufaktur mampu meningkatkan Keunggulan Bersaing. Sehingga, kehadiran Sistem Activity Based Costing menjadi Strategi Penetapan Harga sebagai penentu Keunggulan Bersaing. Penelitian ini memperkuat hasil penelitian sebelumnya yang juga menyimpulkan bahwa ada hubungan yang kuat antara Sistem Activity Based Costing dan Keunggulan Bersaing. Dalam penelitian ini, juga menemukan kesimpulan bahwa Strategi Penetapan Harga mampu meningkatkan Keunggulan Bersaing melalui implementasi Sistem Activity Based Costing.Kata kunci: Sistem activity based costing; keunggulan bersaing; strategi penetapan harga.
The Return on IPO Stocks during the COVID-19 Pandemic in Indonesia Wigantini, Ghea Revina; Nainggolan, Yunieta Anny
Jurnal Manajemen Teknologi Vol. 21 No. 3 (2022)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2022.21.3.2

Abstract

Abstract. Conducting an initial public offering (IPO) during the COVID-19 pandemic is not easy due to the current high level of economic uncertainty. This study aims to examine the effect of the COVID-19 pandemic on the initial return on IPO shares in Indonesia. In the study, a cross-sectional regression was applied, using a sample of 51 companies that conduct IPOs. It was found that the fear index over the COVID-19 pandemic negatively affected the initial return. The higher the fear index, the lower the return on IPO stocks on the first listing day. The results therefore demonstrates that the fear of COVID-19 influenced the IPO market return in Indonesia. This study extends the literature on the COVID-19 pandemic, especially on the initial return on IPOs. Practically, this research also provides insight into the issuers regarding the appropriate timing of IPOs during the crisis, particularly for investors who wish to buy IPO shares during an uncertain time. Policymakers are expected to mitigate the cases and deaths of COVID-19 in Indonesia, which may reduce investors’ fear related to COVID-19. This paper's limitation is that it only examines data from 2020, as this was the year in which COVID-19 first announced. Future research could include the short-term and long-term performance of IPOs, and also broaden the sample area to a larger region.Keywords: Initial return, IPO, COVID-19, fear index, Indonesia.Abstrak. Melakukan penawaran saham perdana (IPO) pada masa pandemi COVID-19 tidaklah mudah karena pada masa ini memiliki ketidakpastian ekonomi yang tinggi. Penelitian ini bertujuan untuk melihat pengaruh pandemi COVID-19 terhadap tingkat pengembalian awal saham yang melakukan IPO di Indonesia. Penelitian ini menggunakan regresi cross-sectional, dengan menggunakan sampel dari 51 perusahaan yang melakukan IPO. Penelitian ini menemukan bahwa indeks kepanikan atas pandemi COVID-19 mempengaruhi tingkat pengembalian awal secara negatif signifikan. Hasil penelitian menunjukkan bahwa indeks kepanikan atas pandemic COVID-19 menghantam pengembalian pasar IPO. Semakin tinggi tingkat indeks kepanikan atas pandemic COVID-19 maka semakin rendah tingkat pengedalian saham IPO pada hari pertama memasuki bursa. Penelitian ini mengembangkan literatur penelitian tentang pandemi COVID-19, terutama terhadap tingkat pengembalian awal IPO. Secara praktik, penelitian ini juga memberikan wawasan terhadap perusahaan atas waktu yang tepat untuk IPO bila terjadi krisis dan untuk investor yang ingin membeli saham IPO pada masa yang sedang tidak pasti. Para pembuat kebijakan diharapkan dapat memitigasi kasus dan kematian COVID-19 di tanah air untuk mengurangi kepanikan investor terkait COVID-19. Keterbatasan tulisan ini yaitu hanya mengkaji data tahun 2020 saat tahun pertama kali diumumkannya COVID-19. Ruang lingkup peneliti masa depan dapat mencakup kinerja IPO jangka pendek dan jangka panjang, dan juga memperluas sampel ke wilayah yang lebih besar.Kata kunci: pengembalian awal, IPO, COVID-19, indeks kepanikan, Indonesia.
Curriculum Design for Digital Financial Innovation in Higher Education Institutions in Indonesia Simatupang, Batara Maju
Jurnal Manajemen Teknologi Vol. 21 No. 3 (2022)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/jmt.2022.21.3.6

Abstract

Abstract. Due to rapid technological advancement, the financial industry is now transitioning from traditional to digitally based financial services. In Indonesia in particular, this transformation is being carried out in accordance with the idea of digital finance innovation. However, within the Indonesian financial industry, there is a competency gap that hinders the rate of progress of this transformation. Accordingly, this study aims to create a curriculum designed explicitly for digital finance innovation for Indonesian higher education institutions in order to address the existing competency gap. Through the application of multivariate regression analysis, eight required competencies and their respective subjects were identified in this study. The identified competencies can provide insights for higher education institutions in creating a curriculum to ensure that their future graduates can fill the competency gap within the Indonesian financial industry. The results of the study state that: (i) an effective and appropriate relationship between DA, RM, BM, and SM competencies and can improve the ability of financial institutions to identify and manage risks in their environment; (ii) the relationship between FIK knowledge and PRO and BM competencies can help financial institutions ensure that their DFI products, such as applications, meet the standards set by regulators and improve management practices; (iii) the relationship between FL and PRO competencies can improve the organization's ability to reduce the possibility of miscommunication and misperceptions surrounding DFI ideas. Hence, these findings have implications for the university curriculum that implements them, bolstering the output of graduates who can help accelerate the actualization of the digital financial innovation agendas of the Indonesian financial industry.Keywords: digital finance innovation; financial technology; higher education institutions Abstrak. Dengan pesatnya kemajuan teknologi yang terjadi, industri keuangan kini berada pada fase transisi dari layanan keuangan tradisional ke layanan keuangan berbasis digital. Khusus di Indonesia, transformasi dilakukan dengan mengikuti ide inovasi keuangan digital. Namun, dalam industri keuangan Indonesia, terdapat gap kompetensi yang menghambat laju kemajuan transformasi. Oleh karena itu, penelitian ini bertujuan untuk membuat kurikulum yang dirancang secara eksplisit di bawah inovasi keuangan digital untuk institusi pendidikan tinggi di Indonesia dalam rangka mengatasi kesenjangan kompetensi yang ada. Melalui penerapan analisis regresi multivariat delapan kompetensi yang dibutuhkan dan subjek masing-masing diidentifikasi. Kompetensi yang teridentifikasi dapat memberikan wawasan bagi institusi pendidikan tinggi dalam membuat kurikulum untuk memastikan lulusan masa depan mereka dapat mengisi gap kompetensi di industri keuangan Indonesia. Hasil penelitian menyatakan bahwa (i) Hubungan yang efektif dan tepat antara kompetensi DA, RM, BM, dan SM dapat meningkatkan kemampuan lembaga keuangan dalam mengidentifikasi dan mengelola risiko berada di dalam lingkungannya, (ii) Hubungan antar pengetahuan FIK dengan kompetensi PRO dan BM dapat membantu lembaga keuangan memastikan produk IKD mereka seperti aplikasi dalam memenuhi standar yang ditentukan oleh regulator seiring dengan peningkatan praktik manajemen dan (iii) Hubungan antara kompetensi FL dan PRO dapat meningkatkan kemampuan organisasi untuk mengurangi kemungkinan miskomunikasi dan persepsi yang salah tentang ide IKD. Oleh karena itu, hasil temuan ini berimplikasi bagi Kurrikulum PT yang menerapkannya, memungkinkan output lulusannya dapat membantu industri keuangan Indonesia mempercepat aktualisasi agenda inovasi keuangan digitalKatakunci: inovasi keuangan digital, teknologi keuangan, institusi pendidikan tinggi.