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The Indonesian Journal of Business Administration
Published by Institut Teknologi Bandung
ISSN : -     EISSN : -     DOI : -
Core Subject : Science,
Decision Sciences, Operations Research & Management
The Indonesia Journal of Business Administration(IJBA) is a business journal that bridges the gap between business research and practice, evaluating and reporting on new research to help readers identify and understand significant trends in their fields. The IJBA seeks to publish papers relating to business, broadly defined. It publishes articles that address both theoretical and practical issues in the broad areas of Business Strategy and Marketing, People and Knowledge Management, Entrepreneurship and Technology Management, Decision Making and Strategic Negotiation, Operation and Performance Management, and Business Risk and Finance.Contributing academicians and researchers are encouraged to address a variety of concerns relating to all areas of business. We also encourage students to use an interdisciplinary approach to analyzing a topic, which often yields interesting and novel papers. The published articles provide valuable insight into matters of broad intellectual and practical concern to academicians and business professionals. The Journalis published three times a year: in April, July and October. The journal is mainly an outlet of MBA ITB students to publish their final project works, although it also accepts articles written by students at masters level from other institutions. A published paper is an honor that will be unambiguously beneficial for professional and academic careers, especially for those who want to attend graduate/professional schools. This means that papers written in relations to Accounting, Economics, Finance, Marketing, Management, Operations Management, Information Systems, Business Law, Corporate Ethics, and Public Policy all qualify for submission. Information on the journal format can be found in the journal's website. The number of pages must be at 10 pages. After published, the journal article will be available electronically at the journal's website. Print ISSN: 2252-3464; Online ISSN: 2252-9284
Arjuna Subject : -
Articles 1,144 Documents
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Analysis The Influence of PM Leadership Styles to Project Success Achievements (Case Study at PT. Pertamina Hulu Energy Offshore North West Java) Kusumah, Ardiansyah; Bangun, Yuni Ros
The Indonesian Journal of Business Administration Vol 4, No 7 (2015)
Publisher : The Indonesian Journal of Business Administration

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Abstract - Project Manager has key role and responsibilities to take charge and lead the project to ensure safe and successful execution of the project as designed (scope), meeting targets for HSSE (Health, Safety, Security, and Environment), cost, schedule and quality. Project Manager also serves as internal and external interface for the project team, coordinate staffing and ensure all key deliverables are done correctly.Leadership is an important component in helping the organization achieve its vision and mission, it is one of key success of the organization to answer the current and future problems, issues and challenges. The PM leadership style analysis will use managerial grid (9x9cell) model developed by Robert Blake and Jane Mouton depicts the five (5) leadership styles with varying concerns for people and project/production as follow: impoverished, country club, middle of road, authoritarian and team style. The project success achievements will use PHE ONWJ’s success criteria in term of HSSE, Scope, Schedule, Cost, and Quality. This research will analyze the influence each PM leadership style to each project success achievements.Keyword: Project Manager, Leadership Styles, Project Success Achievements
Business Strategy to Increase Revenue at Service Division PT. XYZ Elevator Ferry, Yhonna; Wicaksono, Agung
The Indonesian Journal of Business Administration Vol 4, No 3 (2015)
Publisher : The Indonesian Journal of Business Administration

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Abstract.PT. XYZ, registered since 1964 as an agent in Indonesia Elevator XYZ. Since the installation of the first elevators in Indonesia in 1963, it can be said that the age of the lift is installed already exceeded 15 years. Of the total portfolio of 2362 units bound by contract maintenance services, over 700 units have been outstanding for more than 15 years. As the main component of which is essential in a building, maintenance service contracts awarded must provide assurance that the unit is well maintained.Just like any mechanical system, engine life will have an impact on the performance and safety of the elevator system. With this situation, interface product requested to be applies in renewal system installed elevator. Under these conditions the final task is to determine the right business strategy to be applied to increase revenue in service division PT. XYZ.In determining the business strategy, methodology used in this thesis is a qualitative internal and external analyze factors. Marketing strategy analyzing to determines the right strategy for the formulation of PT. XYZ. The technique used in this method is to gather information, perform analysis, and conclusions.Conclusion of this final project to formulated Modernization sales product package, focusing on update technology as the value preposition. This package will be offer to the existing customer as the priority but not limited, for others brand meet with specification also can be apply. The right time to be launching should be assured to get high benefit to meet the final target.Keywords: Elevator,Maintenance contract service, Increase revenue, Elevator life time, Modernization elevator, Business Strategy, Business Model Canvas  
Investment Feasibility Study for Iron Ore Mining Project (Case Study : PT Ina Touna Mining) Adisaputra, Muhammad Rizky; Sukarno, Subiakto
The Indonesian Journal of Business Administration Vol 2, No 14 (2013)
Publisher : The Indonesian Journal of Business Administration

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With increasing industry sector in Indonesia, lead to higher demand for industry raw materials especially in natural resources industry. PT. Ina Touna Mining, a national private company in Indonesia is conducting mineral exploration of iron ore in Tojo, Tojo Una Una regency, Central Sulawesi province for 8 years concession period. In its efforts to get the licence in conducting its business, author create the investment feasibility study which will calculate the cash flow in the 8 years concession period. To calculate the investment feasibility study, author uses capital budgeting approach, sensitivity analysis and risk handling management strategy. Keywords: iron ore, feasibility study, capital budgeting, sensitivity analysis, risk management
Investment Analysis and Business Scheme for the New Cargo Village in Soekarno-Hatta International Airport Noor, Achmad Rizal; Sumirat, Erman
The Indonesian Journal of Business Administration Vol 1, No 8 (2012)
Publisher : The Indonesian Journal of Business Administration

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Soekarno-Hatta International Airport (SHIA) is the main airport serving the greater Jakarta area. It is the biggest and busiest airport in Indonesia with 52.4 million passengers and over 572 thousand tons of cargo in 2011. With current growth of cargo movement and cargo terminal capacity of 500,000 tons per year, SHIA new cargo terminal development is inevitable. PT Angkasa Pura II (PT AP II) as the company that manages and runs SHIA planned to develop new cargo terminal or cargo village to meet future cargo movement through SHIA. PT AP II interested in becoming Cargo Terminal Operator in SHIA. Existing condition in SHIA cargo terminal and plan for new Cargo Village create opportunity for PT AP II to enter as cargo terminal operator. Before deciding whether to become cargo terminal operator or let other cargo terminal operator as operator in SHIA Cargo Village, PT AP II wanted to know which development scenario – Self-Build & Operations or Build-Operate-Transfer - has the highest financial indicators. Monte Carlo Simulation is conducted to determine the probability of success of each business scheme. Financial Projection and Simulation showed that BOT – Revenue Sharing is the best scenario for PT AP II. Adjustment in revenue sharing scheme can produce better financial indicators for PT AP II and balance the financial indicators between PT AP II and Business Partner. Keywords: investment analysis,monte carlo simulation airport, cargo terminal
Marketing VAS Innovation Case of Kalkulator Nutrisi (KANU) Saputra, Bayu Kusuma Adi; Hudrasyah, Herry
The Indonesian Journal of Business Administration Vol 2, No 11 (2013)
Publisher : The Indonesian Journal of Business Administration

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VAS (Value Added Services) define as services which are not basic telecommunication services. VAS has become alternative for telecommunication opertor in order to gain revenue since the average revenue per user is quite low. VAS industry especially text based services immediatly experienced reflux due to several fraud such us pulse stealing, scam, and other form of business model abuse. In October 2011 Indonesia government takes action by deciding morotarium to stop all VAS services business and Telecommunication operator need to restart the services. The morotarium made VAS operator lass all the customer and they need to regain cusomer. Since that day october were known as Black October for telecommunication operator and VAS player. KANU or Kalkulator built by Creative Indonesia is one of VAS Innovation. Built to help parents in take care ot their child food and nutrition. KANU first launch based on mobile content business model and suffered from government morotarium due to fraud of VAS services. Creative Indonesia has to face two challenges. The  first challanges come from VAS business environment and second challange was the fact that they still in introduction stage of product life cycle. Keywords: Value Added Services (VAS), Innovation, Consumer Perception
Improvement of PT Bank XYZ Automatic Teller Machine (ATM) Quality of Service Through Information Technology Risk Management Nugraha, Risky; Wiryono, Sudarso Kaderi
The Indonesian Journal of Business Administration Vol 1, No 5 (2012)
Publisher : The Indonesian Journal of Business Administration

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Technology has become one of the important factors in supporting an organization operational, especially in banking industry that relied heavily on information technology. Automatic Teller Machine (ATM) is one of bank e-channel products that provide the customers with the services that equal as doing transaction at the branch offices for 24x7 hours – spread throughout strategic location in all over Indonesia. With more than 6,000 ATMs that are spread throughout Indonesia, the banks can served billion rupiah of daily transactions that contributed as one of the banks source of revenue and also as one of its competitive advantage. In an attempt to increase its ATM quality of services as one of its competitive advantage, Bank XYZ periodically conduct internal audit on the ATM system to ensure the internal control is appropriate in protecting customer’s data integrity and security while doing transaction. However, as time goes, the ATM system is also becoming more complex that cause the conventional audit method is not enough to detect flaws or weaknesses on the system that still exist and then improve it. It requires a new method to evaluate the system from banking services point-of-view. Risk-based audit method that is focused in ATM services, enable Bank XYZ to identify risks for each possible scenario when customer doing a transaction at ATM. By using that method, it is expected to improve Bank XYZ ATM quality of services to fulfill its ATM level of service claim – 24x7 hours of banking services through risk mapping prioritization method. Keywords: ATM, Information System, IT Audit, IT Risk Management
Assessment and Implementation Plan of Knowledge Management at PT LAPI Divusi Irvayanti, Rian; Tjakraatmadja, Jann Hidajat
The Indonesian Journal of Business Administration Vol 3, No 8 (2014)
Publisher : The Indonesian Journal of Business Administration

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Abstract- PT. LAPI Divusi is an IT consultant that has been founded for 10 years. During 10 years LAPI Divusi have gain many experience and knowledge. Since founded at 2004, LAPI Divusi has low engagement of their employee. Employee normally will stay in company for two until four years (especially for engineer). Employee turnover since 2009 to 2013 are 28.4%. When employees leave the company, they would bring their knowledge and experience. If company couldn’t capture the knowledge, company will lose it. This condition will lead to large loss for company. High operational cost can not be avoided, one of the causes was duplicate work / reinventing the wheel and employee need extra time to learn and get information. Aware this situation, company attempt to implement knowledge management since 2008, but still didn't success. With assessment of KM readiness using APO KM Framework, strength and opportunity for improvement will be gained to implement knowledge management in PT. LAPI Divusi.Keyword: IT Consultant,  Knowledge Management, KM readiness, assessment
Feasibility Study & Investment Analysis – Textile Machineries at PT Heksatex Adriano, William; Anggono, Achmad Herlanto
The Indonesian Journal of Business Administration Vol 2, No 8 (2013)
Publisher : The Indonesian Journal of Business Administration

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The Spacer fabric production from PT Hexsatex number is very increasing by the year ,it can be seen from the history of the production increase due to increase in demand from 2006 to 2011. The need of spacer fabric varies from the base material product shoe products, furniture, mattresses, bags, garmentand accesories, and various other needs . Based on the customer needs, the company strives to provide availability of productson the market. In fact, the production capacity of PT Hexsatex machine is still limited and not comparable with increasing demand from the market. However, this research through the end of the project to carry out an analysis of the new machine investment Spacer fabric to enhance the production capacity of PT Hexsatex. In conducting investment analysis of new engines for PT Heksatex, researchers conducted a financial analysis to drive the machine, through the analysis of financial lease or operating lease, which is more profitable for the company. Once these aspects are fulfilled researchers to analyze cash flow predictions, Payback Period, Net Present Value, Interest Rate Return, and Profitability Index. Based on this analysis can be said to be feasible if the value of the project NPV is greater than zero and IRR greater than theWACC. As foraspects of production estimates PT Heksatex will choose the estimated sales optimist. Based on the financialanalysis of the PT Heksatex choose leasing options with optimistic estimates. The option shave a NPV>0,IRR>WACC, and a payback period of 5 years. From the analysis of the analysis showed that the advantage of this option, especially because the cost is lower. Key Words: Spacer fabric machine, New investment, Financial Aspect, NPV, IRR, and Optimistic estimate.
Defining The Product Mix Based on Strategic Capacity Mapping In Woven Textile Manufacture Liong, Anna Carolina; Firman, Aries F
The Indonesian Journal of Business Administration Vol 1, No 2 (2012)
Publisher : The Indonesian Journal of Business Administration

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This work is aimed at optimizing the operational management bydeciding upon articles composition to be made on differentprocess flow and capacity within an industrial situation. Morespecifically: matching the quantity and arrangement of ordervariation to assign appropriate tasks to applicable productionunits.The problem arises due to various process flows and task timenecessary to produce different articles. Appropriate productcomposition is expected to minimize set up time, and increaseoverall machine utilization and efficiency. Similar issue have astrong importance in textile industries, eminently in filamentwoven textile manufacture in which the process load variesdynamically upon fabrics construction.To present the solution, an MRP model is constructed as apreliminary analysis on process and raw material requirementfor each order. The MRP model’s output will be mapped into acapacity map that is constructed based on real life machinescapacities and task times. Subsequently, product mixcombination is derived through application of linearprogramming simulation to minimize capacity waste.Keywords: textile, MRP, linear programming, productionplanning, strategic capacity mapping
Analysis Impact of Transfer Some Assets PT Tambang Timah to PT Timah (Persero) Tbk on The Performance and Efficiency PT Timah (Persero) Tbk Mahdalena, Eva; Wiryono, Sudarso Kaderi
The Indonesian Journal of Business Administration Vol 2, No 16 (2013)
Publisher : The Indonesian Journal of Business Administration

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The independence program's subsidiary company PT Timah (Persero) Tbk (PT Tbk) among others PT Tambang Timah (PT TT), which resulted in leasing transactions for buildings, machinery and equipment are charged by PT TT to PT Tbk for the use of buildings, machinery and equipment PT TT used by PT Tbk. PT Tbk is a tin ore mining company that lease the assets from its subsidiary (PT TT) in the form of 5 (five) dredges for tin mining operations based on mining permission (IUP) of PT Tbk with a total cost of lease per year is Rp. 40.202.862.562, - (include VAT) with a lease term of 5 (five) years. With the company's operational cost efficiency, then  PT Tbk review if the cost of leasing this property is cheaper or more expensive than the assets purchased by PT Tbk from PT TT. Buying Option 5 (five) dredges can result  efficiency with reduce cash out money amounting to Rp. 90.257.696.866,- and can improve the performance of PT Tbk is shoThe independence program's subsidiary company PT Timah (Persero) Tbk (PT Tbk) among others PT Tambang Timah (PT TT), which resulted in leasing transactions for buildings, machinery and equipment are charged by PT TT to PT Tbk for the use of buildings, machinery and equipment PT TT used by PT Tbk. PT Tbk is a tin ore mining company that lease the assets from its subsidiary (PT TT) in the form of 5 (five) dredges for tin mining operations based on mining permission (IUP) of PT Tbk with a total cost of lease per year is Rp. 40.202.862.562, - (include VAT) with a lease term of 5 (five) years. With the company's operational cost efficiency, then  PT Tbk review if the cost of leasing this property is cheaper or more expensive than the assets purchased by PT Tbk from PT TT. Buying Option 5 (five) dredges can result  efficiency with reduce cash out money amounting to Rp. 90.257.696.866,- and can improve the performance of PT Tbk is shown in the ROA ratio analysis projected in 2013 to 11%, ROI (11%), and ROE (15%).  Implementation plan buying of 5 (five) dredges are Dredges 16 Kebiang, Dredges 20 Belitung 1, Dredges 21 Singkep 1, Dredges 11 Karimata and Dredges 7 Meranteh is expected in mid-2013, the company efficiency is soon realized.  Thus, the funds already budgeted for the payment of taxes and interdistric transaction on lease 5 (five) dredges can be used to the five dredges maintenance costs itself. Keywords: Leasing-Buying, ROA, ROI, ROE.wn in the ROA ratio analysis projected in 2013 to 11%, ROI (11%), and ROE (15%).  Implementation plan buying of 5 (five) dredges are Dredges 16 Kebiang, Dredges 20 Belitung 1, Dredges 21 Singkep 1, Dredges 11 Karimata and Dredges 7 Meranteh is expected in mid-2013, the company efficiency is soon realized.  Thus, the funds already budgeted for the payment of taxes and interdistric transaction on lease 5 (five) dredges can be used to the five dredges maintenance costs itself. Keywords: Leasing-Buying, ROA, ROI, ROE.

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