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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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Designing a Competency-Based Recruitment Plan for Human Resource Manager in PT. Produksi Dari Hati
Journal of Business and Management Vol 10, No 3 (2021)
Publisher : Journal of Business and Management

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Abstract

Recruitment plan is the planning of a process aimed at selecting the best candidate for a job/position. Competency-based human resource management is a coherent and interrelated set of human resource management practices in all its areas: from the individual entering the organization, through effective functioning, development, until leaving the organization. PT Produksi Dari Hati (PT PDH) is a startup company in Indonesia that has been engaged in the film and creative industries since 2019. The company aims to expand its business and recruit new talents to help the company achieve these goals. This study aims to define the core, functional, and managerial competencies in accordance with the company's strategic objectives as initial capital for designing HR policies and practices. The results of these processes will be used as basic data in making recruitment plans for HR managers in PT PDH. This study uses a competency-based recruitment plan for HR managers. The research data was collected using triangular data as the main method, which was obtained from document analysis, literature review, and interviews with the Co-Founder of the company. Data were analyzed using Spencer's theory as a guide to determine competencies, references to the world economic forum competency classification as a guide to current competencies, and Gary Dessler's theory as a reference for creating recruitment plans. The result of this research is the soft competencies dictionary (core, functional, managerial competencies) for PT Produksi Dari Hati, and hard competencies, job analysis and recruitment plans for HR manager in PT PDH.Keywords: Recruitment Plan, Competency-Based Human Resource Management, Startup Company, HR Manager
Leadership Style and Effectiveness Among Management Students: A Comparative Study Among Two University
Journal of Business and Management Vol 11, No 3 (2022)
Publisher : Journal of Business and Management

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Abstract

In Indonesia, the vision mission statement and curriculum of university are varied. There may be differences perspective of leadership style among the management students that came from different vision, mission, and curriculum of a university. This research aims to do comparative study of the leadership style and effectiveness of two different universities management students in Indonesia using Situational Leadership Model by Hersey and Blanchard. This research was conducted by distributing LEAD questionnaires that already being adapted to management students of ITB and USU. The research samples consist of the total number of 180 students from the two universities. The answer from the questionnaires interpreted by the table matrix. The effectiveness score compared by using T-test from SPSS. The result of this comparative study shown that management students from ITB and USU have the same dominant leadership style that is Coaching Style. This research also finds that both universities’ management students still indicate a low level of leadership style effectiveness and adaptability leadership. Based on the result of this research, both universities expected to encourage students to learn and understand deeply about situational leadership style.Keywords: Comparative Study, Situational Leadership Model, Management Students
Financial Performance Analysis of Company PT. Industry Jamu and Sido Muncul Tbk. In 2017-2021 Using The Financial Ratio
Journal of Business and Management Vol 11, No 2 (2022)
Publisher : Journal of Business and Management

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Abstract

PT. Industry Jamu and Sido Muncul, Tbk. was founded in 1951 with a simple company called Sido Muncul which means “Dreams Come True” on Jalan Mlaten Trenggalun, Semarang. Sido Muncul has several flagship products, including Tolak Angin, Tolak Linu, Kuku Bima Energi, Alang Sari Plus, Kopi Jahe Sido Muncul, Kuku Bima Kopi Ginseng, Susu Jahe, Jamu Komplit, dan Kunyit Asam. Then in 2013, Sido Muncul conducted its first IPO on the Indonesia Stock Exchange with the stock code “SIDO”. This research aims to analyze the financial performance of Sido Muncul from 2017 to 2021, using the aspect of Financial Ratio Analysis. The variables include (Current Ratio, Quick Ratio, Cash Ratio, Debt to Equity Ratio, Debt to Asset Ratio, Receivable Turnover, Inventory Turnover, Fixed Asset Turnover, Total Asset Turnover, Return on Assets, and Return on Equity). Then the results will be compared with other companies in the same industry, namely PT. Kalbe Farma, Tbk. (KLBF), PT. Kimia Farma, Tbk. (KAEF), PT. Indofarma, Tbk. (INAF), PT. Tempo Scan Pacific, Tbk. (TSPC), PT. Phapros, Tbk. (PEHA). After performing calculations using the Financial Ratio aspects, it was found that SIDO's financial performance during the 2017-2021 period was good in terms of Liquidity Ratios and Solvability Ratios, but not with Profitability Ratios and Activity Ratios because they did not meet industry ratio standards from experts.Keywords: Financial Performance, Financial Ratio, Ratio Analysis, Financial Report, Financial Ratio Analysis, Standard Ratio, PT. Industry Jamu and Sido Muncul, Tbk.
The Effect of Korean Brand Ambassador Towards Luxury Brand Purchase Intention
Journal of Business and Management Vol 11, No 3 (2022)
Publisher : Journal of Business and Management

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Abstract

Luxury brands will be really different for the next five year. They started to move from chasing American and European markets to rich millennials in Asia. Asia became the highest region that contributed for Dior revenue in 2020 with 34% and 8% for the Japan market only. Those numbers are very high and we can conclude that Asian market buying power for luxury brands is high. The phenomena of the Korean wave make luxury brands use the artist for their ambassadors, and also use the fanatic fans to increase their brand awareness. However it has not been tested if the strategy works for the luxury brand market penetration and increases the purchase intention. The objective of this research is to identify the factors that influence the purchase intention of a luxury brand by using Korean Brand ambassador and to understand the effect of Korean brand ambassador for luxury brands on purchase intention in Indonesia. In this study research used quantitative methods by collecting data through survey questionnaires and judgmental sampling as the sampling method with the total of 148 respondents that are luxury brand consumers, also using PLS-SEM to analyze the result of the survey. The result shows that celebrity endorsement positively impacted luxury brand purchase intention through brand trust, brand psychological ownership, and brand attitude. 
Intercultural Analysis in Managing Employee Interaction: Case Study In Pt Semen Indonesia At Padang
Journal of Business and Management Vol 11, No 3 (2022)
Publisher : Journal of Business and Management

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Abstract

Culture is one of the most important aspects of a business and an organization, especially in today's world. There are many factors that influence the adaptation to two different cultures, particularly in Indonesia, where there are significant cultural differences. This can sometimes lead to how to interact in understanding culture and also characteristics. Because of one's cultural background Communication, negotiation, conflict, cross-cultural and interpersonal interactions are all significant aspects of adaptability and intercultural interaction patterns that must be considered in the fusion of one culture with another. This study focuses on a culture, specifically Minangkabau culture, which contains customs and culture that are dense with many manners that must be followed, and how people from diverse cultural backgrounds can understand it To adapt to Minangkabau culture at a company where the majority of employees have Minangkabau cultural origins, as well as how to establish a pattern of interaction inside the company To deepen and obtain the correct viewpoint of employee interaction on Minangkabau culture within a firm, the researcher focuses on collecting data using qualitative methods and analyzing that perspective in order to develop the correct employee interaction in a company. This study focuses on PT Semen Padang, one of the subsidiaries of the Semen Indonesia Group, with a majority of Minangkabau employees, and how they interact at work with enterprises that have a dominating culture.
The Impact of YouTube Culinary Product Review Videos Towards Viewers Purchase Intention In Indonesia
Journal of Business and Management Vol 11, No 1 (2022)
Publisher : Journal of Business and Management

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Abstract

The culinary industry is the largest sub-sector in Indonesia, contributing to GDP from the creative economy with an average of 43% per year of the total GDP of the creative economy. Due to the growth of the culinary industry in Indonesia, culinary business owners often face several issues. One of them is how to maximize their marketing strategy through a social media platform. Culinary product marketing is now affected by the younger consumer's lifestyle and preference. They use social media such as YouTube to seek product information. Many YouTube influencers specifically created review videos of a culinary product called Food Vloggers. This channel is believed to lead to consumer purchase intention. This research aims to identify the factors that influence viewers purchase intention of a culinary product after watching the review video on YouTube and give recommendations that influencers can implement to create good content for a culinary product review. The data was collected through an online questionnaire and analyzed by PLS-SEM to assess the relationship between the factors. The result shows the number of views, likes, comments, and replies, perceived usefulness, attractiveness, trustworthiness, and attitude towards the product are significantly affecting viewers purchase intention of the culinary product. Hopefully, the results of this research can give benefits to readers, influencers, and culinary business owners to develop their marketing strategy in the culinary industry.Keywords: Culinary product, food vloggers, influencers, PLS-SEM, purchase intention, review video, YouTube
The Relationship Between Financial Support, Community Participation and Community's Growth Mindset with The Success of Badak LNG's CSR Programs
Journal of Business and Management Vol 11, No 3 (2022)
Publisher : Journal of Business and Management

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Abstract

Abstract. Badak LNG is a non-profit natural gas processing company that actively participates in community service through corporate social responsibility (CSR). Badak LNG swiftly recognizes the importance CSR in promoting and contributing to local community development. The purpose of this study is to identify the relationship between financial support, community participation and community's growth mindset with the success of Badak LNG's corporate social responsibility program. This study takes a quantitative approach with a survey method. 100 samples were obtained using an online questionnaire addressed to residents in the West Bontang District who are familiar with or involved in Badak LNG's CSR program. The study's findings revealed that financial support, community participation, and the community's growth mindset all had impact on the performance of Badak LNG's CSR program. This research can help Badak LNG and other companies to maximize their CSR impact in the community.Keywords: Corporate Social Responsibility, Financial Support, Community Participation, Community’s Growth Mindset
The Effect of Trust Dimensions Towards Online Purchase Intention Of Consumers And Potential Consumers (Online Vegetables Shopping)
Journal of Business and Management Vol 11, No 1 (2022)
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Abstract

Abstract. E-commerce users in Indonesia continue to increase especially during the Covid-19 outbreak. This condition makes many business from various sectors try to sell their product online, one of which is vegetables product. However, people’s intention to buy vegetables online has not developed rapidly. People prefer to buy vegetables directly to the markets because there is still a lack of trust in online vegetable service providers. Based on this phenomenon, research about the effect of trust dimensions towards online purchase intention of consumers and potential consumers is conducted. This research was conducted by spreading a questionnaire with consumers and potential consumers. By using final data from 50 consumers and 73 potential consumers, analysis data is conducted using Microsoft Excel and SPSS, which are examined by multiple linear regression. The result of this study indicates that the trust dimension simultaneously has significant influence on consumers’ and potential consumers’ online purchase intention. For consumers, Ability has significant influence towards online purchase intention. Meanwhile, Integrity and Benevolence have no significant influence. For potential consumers, Benevolence has the strongest influence followed by Ability. Whereas, Integrity has no significant influence on potential consumer online purchase intention. The dimension of trust has a greater influence on potential consumers’ online purchase intention than consumers’ online purchase intention.Keywords: Trust Dimension, Integrity, Benevolence, Ability, Online Purchase Intention, Vegetables
Employee Performance during Covid 19 Pandemic: MARS Model Approach
Journal of Business and Management Vol 11, No 2 (2022)
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Abstract. Covid-19 Pandemic caused the disruption of employee behaviour. This research aims to analyze the MARS condition of BRI employee during pandemic and how it affects employee performance. MARS is a model that explains and elaborate an individual behaviour as a result of internal and external factors (McShane and Von Glinow, 2010). It consists of four factors which are motivation, ability, role perceptions, and situational factors. By using the 39 indicators to measure the correlation between MARS model and employee performance, this research gathers 135 sample of BRI employees. The result shows each condition of the variables, motivation (4.152), ability (3.788), role of perception (3.901), situational factors (3.941) and performance (3.985). All of the independent variables affect performance positively while the T-statistic value shows that the motivation (3.933), role of perception (2.459), and situational factors (2.606) affects performance significantly, but the ability (0.404) affects performance insignificantly. As an organization, BRI needs to know what drives employee performance the most during this situation based on MARS model, that is motivation. BRI could start to increasing the variables with following priorities motivation, situational factors, role of perception, and ability.Keywords: Motivation, Ability, Role of Perception, Situational Factors, Performance, Pandemic, Bank, MARS Model
Factors that Influence the Acceptance of Telemedicine Services in Rural Community Through an Extended Technology Acceptance Model (TAM)
Journal of Business and Management Vol 11, No 3 (2022)
Publisher : Journal of Business and Management

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Abstract

Since the COVID-19 pandemic, telemedicine has increasingly become an important role in health care services. Telemedicine has the potential to be a solution in overcoming health service problems during a pandemic, especially in improving health care services in remote areas. However, the benefits of telemedicine can only be felt when people begin to accept and use it proactively. Therefore, it is important to know the factors that influence the acceptance of telemedicine. The main objective is to investigate the factors influencing the acceptance of telemedicine services in rural communities. TAM theory by Davis (1989) was used as a theoretical framework for this research. The data is collected through a quantitative approach using a questionnaire-based survey, and PLS-SEM method. The results found that PU, and PEOU, have a significant effect on AT. Moreover, SI and AT have a significant effect on BI while PR, trust, TA, resistance to use, and FC do not have a significant effect on BI. The findings of this study can be used as material for consideration in the development and design of telemedicine services in rural communities.Keywords: Behavioral Intention, Partial Least Square (PLS), Perceived Ease of Use, Rural Communities, Technology Acceptance Model (TAM), Telemedicine

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