Factors Affecting Performance and Growth of Food Sector BUMD Jakarta Province

Authors

Henry MP SiahaanFollow
Dominicus Savio PriyarsonoFollow
Amzul Rifin, University of Tokyo, Japan and Bogor Agricultural University, IndonesiaFollow
Bustanul ArifinFollow

Abstract

Through a quantitative approach to data analysis using SEM-PLS, this research aims to identify factors that can improve the performance and growth of the food sector BUMD of DKI Jakarta Province. This research was motivated based on the fact that most BUMDs in Indonesia underperform with various causes. Total respondents were 98 employees from middle to top level management positions in three food BUMDs in DKI Jakarta. The main findings of this research are 12 indicators (inner model) which are divided into five variables in the measurement model (outer model): management, organization, human resources, finance and technology that have a significant relationship and positive effect on all variables. While of the five variables used in the structural model, only financial variable has a significant effect on the performance of BUMD businesses. While the variables of performance improvement of management, organization, human resources and technology do not significantly improve the performance of BUMD businesses. Going forward, companies and the DKI Jakarta Provincial Government can focus on evaluating and improving the growth capital structure and business volume. The company's increased profitability will provide a multiplier effect on increasing the performance and growth of BUMD businesses.

Bahasa Abstract

Melalui pendekatan kuantitatif data analisis menggunakan SEM-PLS, riset ini bertujuan untuk mengetahui faktor yang dapat meningkatkan kinerja dan pertumbuhan BUMD bidang pangan di Provinsi DKI Jakarta. Riset ini dimotivasi karena sebagian besar BUMD di Indonesia berkinerja buruk dengan berbagai penyebab. Total responden berjumlah 98 karyawan dari posisi manajemen level menengah sampai top pada tiga BUMD pangan di DKI Jakarta. Temuan utama riset ini adalah ke- 12 indikator pada model structural yang terbagi dalam lima variabel pada model pengukuran yaitu manajemen, organisasi, sumberdaya manusia, keuangan dan teknologi memiliki hubungan dan berpengaruh positif yang signifikan terhadap seluruh variabel. Sedangkan dari lima variabel yang digunakan pada struktural model, hanya variabel keuangan yang berpengaruh signifikan terhadap kinerja usaha BUMD. Adapun variabel peningkatan kinerja manajemen, organisasi, sumber daya manusia dan teknologi tidak secara signifikan meningkatkan kinerja usaha BUMD. Ke depan, perusahaan dan Pemprov DKI Jakarta dapat fokus mengevaluasi dan improvisasi peningkatkan struktur modal dan volume usaha. Dengan profitabilitas perusahaan yang meningkat maka akan memberikan multiplier efek terhadap meningkatnya kinerja dan pertumbuhan usaha BUMD.

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Recommended Citation

Siahaan, Henry MP; Priyarsono, Dominicus Savio; Rifin, Amzul; and Arifin, Bustanul (2021) "Factors Affecting Performance and Growth of Food Sector BUMD Jakarta Province," BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi: Vol. 28: No. 1, Article 3.
DOI: 10.20476/jbb.v28i1.1250
Available at: https://scholarhub.ui.ac.id/jbb/vol28/iss1/3