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INDONESIA
Journal of Business and Management
Published by Institut Teknologi Bandung
ISSN : 22523898     EISSN : 22523308     DOI : -
Core Subject : Science,
Decision Sciences, Operations Research & Management
Journal of Business and Management (JBM)is an online journal that is published three times a year. It publishes research papers that give rigorous theoretical and practical insight of business and managament. JBM aims to provide a forum for the dissemination of theory application and research in all areas of business and management, including but are not limited to marketing, business strategy, decision science and decision-making, strategic negotiation, finance, business risk, knowledge management, human capital management, technology management, entrepreneurship, and others relevant subjects. It is intended for researchers, students, business practitioners, and entrepreneurs to publish their ideas and experiences, and share their knowledge on business and management issues.
Arjuna Subject : -
Articles 793 Documents
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Identify the relationship of organizational culture towards employee performance in dinas pemuda & olahraga (dispora) kota bandung Rifqi, Fuadur; Pritasari, Adita
Journal of Business and Management Vol 8, No 2 (2019)
Publisher : Journal of Business and Management

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Abstract

There have been many literature reviews to search the impact the of organization culture on employee performance. Researchers have related culture within the organization to many distinct organizational behaviors, as well as recognizing the correlation between organizational culture and employee performance. In Indonesia's public/government organizations, the performance of civil servants is very crucial in creating good governance and clean governance, and in supporting government duties in providing the best service to the public on the basis of its features as a public service. One of today's major problems for civil servants is to operate effectively and efficiently as government agencies in Indonesia. The aim of this study is to investigate the identification of powerful organizational culture dimensions that enhance the employee performance in Dinas Pemuda & Olahraga (Dispora) Kota Bandung. This study results may provide relevant information for organization to understanding the role of organization culture. The findings of the study may positively affect organization by providing strategies to improve their employee performance. This research using quantitative approach through questionnaire and SPSS to process the questionnaire result. The result in this search is Organization culture has positive impact towards employee performance in Dispora and Communication pattern is dominant factor of organization culture that can improve employee performance in Dispora. The management of Dispora Organization leader in Dispora need to state organization culture clearly, through written behavioral guideline to create better understanding for employee to do their job. Keywords: Organization Culture, Employee Performance,Dinas Pemuda & Olahraga Kota Bandung
Spin-Off Efficiency Analysis of Indonesian Islamic Banks Sarifudin, Muhammad; Faturohman, Taufik
Journal of Business and Management Vol 6, No 2 (2017)
Publisher : Journal of Business and Management

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Abstract

Abstract - Since the Law No.21 of 2008 concerning Islamic Banking, there are only 4 Islamic business unit that have conducted spin-off which are BRI Sharia, BNI Sharia, Bukopin Sharia and BJB Sharia. The number of study regarding spin-off efficiency is still quite small. The study uses input-oriented VRS DEA model with intermediation approach to measure efficiency. Since the results show non-parametric data, Mann-Whitney test is used for hypothesis testing to examine the significant level of the efficiencies before and after conducting spin-off. The average efficiency of BRI Sharia, BNI Sharia, and BJB Sharia has improved after conducting spin-off. In the contrary, average efficiency of Bukopin Sharia has decreased after conducting spin-off. Looking at the trend-line, those four Islamic Banks possess better movement post spin-off than pre spin-off. There is no significant difference of BRI Sharia and BNI Sharia for both before and after conducting spin-off based on Mann-Whitney test. A significant difference occurs in Bukopin Sharia and BJB Sharia. Conventional commercial bank which has an Islamic business unit can learn about efficiency of pre and post-spin-off performances of 4 Islamic Commercial Banks that have performed spin-off to prepare adequate insight before actually conducting spin-off.Keywords: Data Envelopment Analysis, efficiency, intermediation approach, Islamic banks, spin-off
The Relationship Among OIL Prices, Gold Prices, Gross Domestic Product, and Interest Rate to the Stock Market Return of Basic Industry and Chemical Sector in Indonesia in 2005-2013 Singarimbun, Ceria Minati; Noveria, Ana
Journal of Business and Management Vol 3, No 4 (2014)
Publisher : Journal of Business and Management

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Abstract

In this research author try to analyze the relationship among oil price, gold price, gross domestic product, and interest rate to the stock market return on basic industry and chemical sector in Indonesia in the period of 2005-2013. To seek the relationship among these variables, author conducts several methods, which are the classic assumption tests, multiple linear regression, and Hypothesis testing by using F test and T test. These methods will reveal the effect of each variable, as the factor of economic activity, towards the stock return of basic industry and chemical companies which listed in Jakarta Composite Index since 2005 to 2013.The result represented that some variables significantly influenced the stock return, one variable does not really significantly influenced the stock return, and one variable should be taken off because it could not pass the method. In the earlier of examining the classic assumption test, author brought 4 variables, which are Oil Price, Gold Price, GDP, and Interest Rate. During running the multicollinearity test, it was found that the GDP and Gold Price has a correlation so one of them should be take off, which is Gold Price. After completing the entire test, author found that Oil Price and Interest Rate significantly influence the value of stick return. Thus, if the oil price or interest rate in the actual financial market increases, the value of stock return will be decreased. Meanwhile, GDP has lower significance level to influence the value of stock return or in the other words; GDP does not significantly influence the value of stock return regarding its low value of multiplier. But the value of GDP will increase the value of stock return.Keywords: Multiple Linear Regressions, Oil Price, Gold Price, Interest Rate, GDP, Stock Return, Basic Industry and Chemical Companies, Jakarta Composite Index.
Analysis on PT Semen Indonesia Organizational Culture Based on Organizational Cultural Assessment Instrument (OCAI) Zulfikar, Rachmat Calief; Gustomo, Aurik
Journal of Business and Management Vol 3, No 7 (2014)
Publisher : Journal of Business and Management

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Abstract

Up until now, PT. Semen Indonesia has been dominating the cement industry competition in Indonesia. In the other sides, the South East Asia region will encounter a new phenomenon in 2015 which is ASEAN Economic Community (AEC) with the mission of making ASEAN region as a region with free movement of goods, services, investment, skilled labor, and a free flow of capital, that have the program of improving the implementation of ASEAN Free Trade Area (AFTA) which will eliminate any cost of tariff for goods trading from any ASEAN region countries. That means the competition that PT. Semen Indonesia will encounter is not only against other Indonesian private companies, but also with other ASEAN countries’ companies. This research’s objectives is to assess the current condition of PT. Semen Indonesia’s organizational culture and also the preferred organizational culture by PT. Semen Indonesia’s employees by using Organizational Culture Assessment Instrument (OCAI. The result shows that the current organizational culture in PT. Semen Indonesia is balanced without any tendency to any category of organizational cultural framework. While for the preferred condition by PT. Semen Indonesia’s employees, the culture tends to Entrepreneurial and Clan Culture.Keywords: Semen Indonesia, Organizational Culture, OCAI, AEC, AFTA
SUNDAY SCHOOL’S PERFORMANCE ANALYSIS OF CHURCH X BANDUNG Sihotang, Sri Malasari; Pritasari, Adita
Journal of Business and Management Vol 7, No 3 (2018)
Publisher : Journal of Business and Management

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Abstract

Abstract. Sunday school is a service ground that is based on the calling of heart and as a volunteer to serve God. This does not mean that Sunday school is a learning program that there is no foundation of vision and mission. However, teachers should have good self-commitment, competence, and teaching ability that meet the needs of the child. Church X Bandung has a training program set up to foster and support Sunday school teachers, but not running well. Actually the church often thinks that guiding the Sunday school teacher does not really matter, so that provide training with the concept that is not matching on target and the result in the performance or learning process is often happened. Therefore, this study aims to determine the type of competence that should be possessed by the Sunday school teacher and how to develop it in teaching and educating children to make Sunday school performance more running effectively. This research uses narrative method by understanding the perspective of resource based on story (narrative) about Sunday school from teacher, child, parent, and pastor that delivered through interview. The results of the Sunday school performance evaluation show that Sunday school teachers need training to improve the teaching quality. Researchers recommend a solution for Church X to conduct regular training to find out the competencies required of current teachers and how to improve Sunday school's performance.Keywords: Church X Bandung, Competency, Sunday school's performance, Sunday school teacher, Training. 
Forecasting Demand of Plastic in PT. Lowell Pack to Maximize the Profit Tan, Christopher Russell; Chaerudin, Rendra
Journal of Business and Management Vol 5, No 5 (2016)
Publisher : Journal of Business and Management

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Abstract

Abstract. Plastic has growth very rapidly in South East Asia. This make local plastic factory have to manage the produce they can make to maximize the profit the company can get, PT Lowell pack, as case study because PT Lowell pack is the new plastic factory and the capacity is quite much for small factory about 90 ton. This research found that in PT Lowell pack have produce with same capacity in 3 products. They have even thought if they produce more in one product than another they can make more profit. This situation is happened because they are only using judgmental decision by the owner to forecast the demand and produce the product in PT Lowell pack. And Judgmental decision cannot give accurate prediction. Therefore, there area lot of mismatches between supply and demand. Because that  we have to know the best forecast method for demand plastic in PT Lowell pack and organize the produce per month per product to maximize the profit. And forecasting method we will use are Moving Average, Exponential Smoothing, Holt, trend analysis (regress over time).The research will search the best forecasting method to maximize the profit and The data which will be used is the secondary data from PT Lowell pack Sales report monthly by PT Lowell pack and profit report of PT Lowell pack monthly. These secondary data will be analysis further by forecasting method.so we can now the sales by PT Lowell pack monthly and maximize the profit PT Lowell pack monthly. And the result of this research PT Lowell pack have to choose to trend analysis method for forecasting. And have to produce more plastic kw2 after that kw1 after that Pure plastic. And PT Lowell pack get more profit if forecast the demand and get Rp13.077.500Keyword: forecasting, demand plastic in Indonesia, growing market plastic
Financial Improvement of PT Adhi Karya (Persero) Tbk to Complete in ASEAN Construction Industry Wibisana, Yudha Nugraha; Damayanti, Sylviana Maya
Journal of Business and Management Vol 5, No 1 (2016)
Publisher : Journal of Business and Management

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Abstract

Abstract – In 2016, Asean Economic Community (AEC) will effectively begin. The purpose of this international collaboration is to enforce economic power in South-East Asia region to become single market and production base. However with policies that may apply according to AEC agreements, there will be challenges for each country in South East Asia region especially because of the tighter competition that might occur. The purpose of this research is to see the readiness of national company to compete in Asean level and to give recommendations to company’s future improvement.. Author chooses PT Adhi Karya (Persero) Tbk. as the object of this research because they have statement in their vision to become the leading company in South East Asia. Moreover, PT Adhi Karya (Persero) Tbk is a company that involved in the industry of construction, one of the most strategically critical industries in developing country like Indonesia. To assess the readiness of PT Adhi Karya (Persero) Tbk., author use analysis of financial ratios to determine the current financial performance of the company. In addition, author also use BUMN framework scoring to get more information about company financial performance. As a benchmark, 3 companies in Indonesia and 3 companies from foreign country in Asean region. The analysis shown that PT Adhi Karya (Persero) Tbk. have many rooms to improve in their current financial performance. The company needs to increase their efficiency. Currently they need averagely 65 days to collect their receivables, which is considerably too long. The company also has to utilize their asset more efficiently since the findings shown that their significant increase in asset did not followed by high increase on sales. For leverage, PT Adhi Karya (Persero) Tbk could increase their debt to increase their financial leverage. They also could considering to merger or joint venture with foreign company from South-East Asia to prepare the competition of AEC since there are some foreign companies that perform well in construction industry, Keywords: Finance, financial performance, financial ratio analysis, construction industry, state-owned enterprises, Asean Region.
A Proposal to Evaluate Training Material of Indonesia mengajar Program; Case Study: Training for Pengajar Muda Batch Fourth Yuliana, Indah; Gustomo, Aurik
Journal of Business and Management Vol 3, No 1 (2014)
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Abstract

Abstract-PM’s workplace condition is very dynamic so IM need to evaluate the intensive training implementation periodically in order to the trained material to PM appropriate with the needs. This research aim to evaluate intensive training implementation which was gave to PM batch fourth. This research focus on evaluation of training PM batch fourth. Result from the research will be recommend to IM to be a consideration for the next training design. This research use qualitative method which use primary and secondary data. The primary data was gathered by interview and the secondary data was gathered from journal published, internet and data from IM which related with the research. Based on the data analysis, the results showed that there is a gap between the materials needed with the material that has been given at the intensive training. There are several competencies need more training, those are pedagogical understanding, knowledge about condition of the placement, survival skills, and leadership skills. To cover this gap, IM need to add the necessary materials and remove the less important training material. Keywords: education, training, competency, evaluation, IM, PM
ANALYSIS ON THE POTENTIAL OF KERTA SEMAYA SAMINAYA TO ENTER THE GERMAN MARKET Bhaskara, Ida Bagus Dwija; Purwanegara, Mustika Sufiati
Journal of Business and Management Vol 7, No 3 (2018)
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Abstract. Kerta Semaya Saminaya (KSS) is a sustainable Indonesian cocoa bean supplier. They produce organic fine or flavor cocoa beans that allows their product to become a premium. The problem however is that they are lacking buyers and wishes to expand their sales by exporting to a German buyer. This brings forth the question of if it is possible for KSS to enter Germany. To analyze and research this both qualitative and quantitative research methodology is used in this research to gain information and identify alternatives for improvement of actions. The primary data gathered is from interviewing German buyers, Indonesian supplier, survey German market segment and spreading questionnaires. For analysis technique, descriptive analysis is performed. To penetrate the German market, the only available option is to go through the niche market. To even sell to the German market a variety of requirements are needed ranging from basic to the niche requirements. One important requirement in Germany is sustainability which is also the aim of KSS. KSS has the capability to sell and compete in the German market however they still require certain certifications and conformity to be able to enter the market which could be overcome by selling through a wholesaler.Keywords: Cocoa bean, German market, niche cocoa market, Kerta Semaya Saminaya, sustainable, fine or flavor cocoa beans
MUSIC STREAMING ADOPTION AND DIGITAL PIRACY CASE STUDY: SPOTIFY Riady, Reyhan; Aprilianty, Fitri
Journal of Business and Management Vol 7, No 3 (2018)
Publisher : Journal of Business and Management

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Abstract

Abstract. This paper analyze the piracy problem of music streaming, specifically Spotify, in Indonesia. Spotify is an application that provides music and video streaming, which can be found on some Operation System such as Android, Mac, and Windows. One of the goal of streaming music services is to reduce the amount of piracy, as Spotify claimed to be. As of December 2017, Spotify has 157 million users, with 71 million of them are paid users. Ironically, among 71 million Premium users, Spotify has approximately 2 million users accessing their Premium service illegally through unauthorized downloading and other forms of digital piracy. As Spotify just registered the company on the stock market on Tuesday, April 3rd 2018, it would be important to maintain their brand image by reducing piracy. Preventing unauthorized downloading and other forms of digital piracy has been a persistent challenge. Strategies based on deterrence, ethical arguments, or technical measures have been effective, but only to a limited extent. The main objectives of this research is to know whether the adoption of music streaming system in this case Spotify affects digital pirating intention. The data of this research is collected through survey method of 200 Spotify users and analyze by using SEM-PLS. The results shows that perceived ease of use and community facilitation enhance perceived usefulness and enjoyment, which in turns correlates positively towards purchase intention. It is also proven that attitude towards unauthorized downloading, perceived cost of product, peer pressure, and risk and penalties positively correlates with piracy intention.Keywords: Music streaming, Adoption, Digital Piracy, Spotify, SEM-PLS

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