Jurnal Manajemen Indonesia
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Eustress, Employee Job Burnout Syndrome and Productive Performance in the Madura Herbal Industry
Full text linkHerbal products require employees to maintain cleanliness and product quality, while on the other hand, the demand for herbal products has implications for increasing workloads and becoming stressors for employees. Efforts to optimize employee productivity and performance can be carried out by the company by revitalizing employee performance so that they remain productive. The novelty in this study is a combination of work productivity and performance dimensions that produce five indicators, namely work quality, work quantity, task performance, contextual; performance, and adaptive to timeliness. This study aims to identify the factors that affect the productive performance of employees. This study uses a quantitative approach with a questionnaire as primary data, which is analyzed using multiple linear regression analysis with testing using SPSS version 16 for Windows. The research population is the herbal family business employee in Madura. With the cluster sampling technique, 100 employees were obtained from 4 research locations in Bangkalan and Pamekasan. The results showed that eustress can increase the productive performance of employees. Meanwhile, high job burnout reduces the productive performance of employees.
Keywords—Eustress; Job Burnout; Productive Performanc
Big Data Utilization on Tourism Marketing in Post-Pandemic Recovery Ear: Future Prospect for Indonesia
Full text linkAlong with the behaviour changes toward digitalisation in the pandemic, reliable data to manage tourism marketing in Indonesia is needed. The study objectives are to go into detail on the application of big data and identify what kind of data is necessary for tourism marketing based on the previous research. Most studies about big data on tourism marketing come from overseas, with only a few from Indonesian authors. Questions were raised on what big data is used in tourism marketing and what data is needed, mainly for Indonesia. The use of big data and the kind of data for the benefit of tourism marketing in this study has yet to be discovered. The study adopted SLR with the PRISMA approach and continued with bibliometric analysis using VOS Viewers based on keywords and co-occurrence. Scopus is a database source, and 105 articles published from 2002 to 2022 are found. There are six clusters from plotting extensive data application networks. Two forms of big data can be gained to foresee tourism marketing in post-pandemic recovery. The utilisation cluster is the consumer behaviour research, technology operation, social media, future prediction based on network sentiment analysis, and innovation in smart tourism. Data from the tourism industry and non-tourism sector can be utilised. The study implied combining both the tourism and non-tourism sectors as integrated big data in tourism marketing for decision-making in the future.
Keywords— big data; marketing; non-tourism; tourism; utilizationPemanfaatan mahadata masa pemulihan pandemi Covid 19 meningkat terutama dalam pemasaran pariwisata. Kajian literatur sistematik dilakukan pada 105 artikel tentang mahadata, pemasaran, pariwisata. Kajian dilakukan dengan pendekatan Prisma dari pangkalan data Scopus dengan rentang waktu publikasi tahun 2002 hingga 2022 dilakukan analisis bibliometrik menggunakan MS Excel dan VOSViewer berdasarkan kata kunci dan jejaring co-occurrence. Hasilnya menunjukkan bahwa mahadata dalam pemasaran pariwisata dimanfaatkan dalam (1) riset perilaku konsumen, (2) utilitas teknologi sebagai kecerdasan artifisial, pencitraan destinasi, smart tourism dan UGC, (3) bank data dan teknologi informasi sosial media, (4) metode prediksi masa mendatang berdasarkan numerikal dan proyeksi pengembangan pariwisata berkelanjutan, (5) sebagai analisis sentimen berbasis jejaring sosial, dan (6) kebutuhan inovasi pemasaran pariwisata dalam smart tourism. Sumber data dalam mahadata bisa dihasilkan dari dalam industri pariwisata dan dari luar sektor pariwisata (non-pariwisata seperti: sektor telekomunikasi, keuangan, tata kota, iklim dan kesehatan). Implikasi kajian diidentifikasi dan membuka peluang topik baru. Terakhir, limitasi atas kajian literatur dan arahan riset mendatang didiskusikan
Implementation of Design Thinking Concepts in Eco-Fashion Product Design
Full text linkThe study aims to determine how green design thinking and entrepreneurship concepts can be applied to fashion products made from recycled materials. This study uses a design thinking approach and a qualitative approach that aims to gain a deep understanding, develop theoretical foundations, and describe the reality of the research scope. The technique is in the form of collecting data from waste banks, garbage collectors, and several people who are competent in the fashion sector by conducting in-depth interviews. The combination of design thinking and green entrepreneurship can have a positive impact; problem-solving can be done through the design thinking stage to innovate in business while supporting the environmentally friendly movement. Products derived from "waste" generated by household consumption can be processed in such a way as to create selling value and be accepted by the community. Further research should consider seeking as many sources of information as possible, using appropriate tools, and studying every detail of the materials used. The findings of this study provide important insights into knowledge about design thinking and green entrepreneurship, as well as for those involved in product manufacturing. This research can also be a helpful tool in implementing knowledge about design thinking, green entrepreneurship, and the fashion sector.
Keywords—Design Thinking; Eco-Fashion; Green Entrepreneurshi
Do We Believe In Value? : Valuing Toll Road Sub Sector Companies Listed On Idx
Full text linkThe purpose of this to examining the intrinsic value of the shares of toll road operator companies in IDX in 2021. This research uses data from 2016 to 2020 to calculate the historical performance of each company and is projected from 2021 to 2025. We used pessimistic, moderate, and optimistic scenario. The method used is DCF method with FCFF approach and the calculation of the Relative Valuation method using PER and PBV approaches. The results based on the DCF-FCFF method showed that JSMR was overvalued for the pessimistic scenario and undervalued for the moderate and optimistic scenarios, while the calculation using the RV-PER method on JSMR showed that it was undervalued in the pessimistic and moderate scenarios and overvalued in the optimistic scenario. Also, based on the RV-PBV method, it showed undervalued in all scenarios. The DCF-FCFF results of CMNP issuers were undervalued in all scenarios, the RV-PER method was overvalued in all scenarios, and the RV-PBV were undervalued in all scenarios. Finally, META issuers were undervalued in the pessimistic scenario, and overvalued in the moderate and optimistic scenarios. RV-PER CMNP had undervalued results in the pessimistic scenario and overvalued in the moderate and optimistic scenarios, and the RV-PBV had undervalued results in the pessimistic scenario and overvalued in the moderate and optimistic scenarios.
Keywords : DCF, FCFF, PBV, PE
Financial feasibility of marine tourism hospitality sector post-pandemic outbreak of Covid-19: case study from small islands regions
Full text linkThe challenge faced by small and micro enterprises in remote islands is the ability to maintain the consistency of the production and revenue. The marine tourism sector in Kei Islands, like many sectors dealt and is still facing the same roadblock to visitor growth and consistency after the COVID-19pandemic hit and is still recovering. Thus, it is important for the local hospitality sector to measure the projectionof their business. The purpose of the study was to identify the financial feasibility of the hospitality sector in the Kei Islands region. By doing so, two beach resorts and two restaurants were selected as the study cases located in the famous and famous marine tourism spot in the region, which is Ngurbloat Beach. The field survey was conducted in August 2022 by in-depth interviews and questionnaires to collect the field data from owners of resorts and restaurants. The indicators of financing feasibility that were used in this study were B/C, profit, R/C, NPV, IRR, and yearly profitability projection. The result showed that for each beach resort and restaurant, all the criteria showed that those were still feasible for the next five years. Although the results also indicated that for the current stance, the profitability projection for the next five years had a downward trend compared to the present year. Therefore, promotion and the effectiveness of government handling post-pandemic are important insignificantly increasing the profitability of the hospitality sector in the region. Keywords— Hospitality; Financial Feasibility; Marine Tourism; Profitabilit
The Role of Quality of Work Life on Job Stress and Turnover Intention Mediated by Job Satisfaction of Private Teachers in Tangerang District
Full text linkThe purpose of the study was to explore the role of Quality of Work-life on Job Stress, Turnover intention mediated by job satisfaction. Referring to previous researchers' theory and empirical evidence, the authors collected the data by distributing questionnaires online to teachers teaching at private schools in the Tangerang district. Respondents were private teachers teaching at the elementary–high school level using purposive sampling methods. This research was a quantitative study with the Structural Equation Model (SEM) method. Some of the findings in this study were the first positive influence of Quality of Work Life, Job Satisfaction on Turnover intention. Second, the negative influence of Quality of Work Life, Job Satisfaction on turnover intention was insignificant, while there was no direct influence between Job Satisfaction, Job Stress, and Turnover intention. The managerial implication of research for Organizations is the increased quality of work life to improve the warm work environment. This will encourage positive change for teachers in particular and benefit the organization.
Keywords— Job Satisfaction; Job Stress; Quality of Work Life; Turnover IntentionPenelitian ini bertujuan untuk mengeksplorasi peran quality of work life pada stres kerja, turnover intention yang dimediasi oke kepuasan kerja. Dengan merujuk pada teori dan bukti empiris dari penelitian terdahulu, penulis mengumpulkan data dengan menyebarkan kuesioner secara online pada guru yang mengajar di sekolah swasta di Kabupaten Tangerang. Responden adalah guru swasta pada jenjang SD – SMA/K dengan menggunakan metode purpose sampling. Penelitian ini merupakan penelitian kuantitatif dengan metode Structural Equation Model (SEM). Beberapa temuan dalam studi ini adalah pertama adanya pengaruh positif dari quality of work life terhadap kepuasan kerja dan stres kerja terhadap turnover intention. Kedua pengaruh negatif dari quality of work life, kepuasan kerja terhadap turnover intention tidak signifikan. Sedangan hasil mediasi kepuasan kerja tidak terdapat hubungan langsung terhadap stres kerja dan turnover intention. Implikasi manejerial dari penelitian bagi organisasi adalah meningkatan quality of work life untuk meningkatkan lingkungan kerja hangat. Hal tersebut akan mendorong perubahan positif bagi guru khususnya dan menjadi keuntungan bagi organisasi. Kata kunci— Kepuasan Kerja; Quality of Work Life; Stres Kerja; Turnover Intentio
Mediating Role of Environmental Attitude Between Consumers’ Satisfaction and Repeat Purchase of Eco-friendly Petrol in Indonesia
Full text linkIndonesia has serious air pollution. The joint effort between the Indonesian government and PT. To minimise pollution problems, Pertamina has introduced eco-friendly petrol known as Pertamax RON 92, targeted at fourwheel vehicle consumers. This study investigates whether environmental attitude mediates consumers' satisfaction and repeat purchase behaviour in consuming Pertamax. A survey of 469 Pertamax consumers in Jakarta petrol stations confirmed that consumers' satisfaction and repeat purchase behaviour are mediated by environmental attitude. The tests carried out between satisfaction and attitude, perspective, repeat purchase, and satisfaction and repeat purchase also found significant relationships between the variables. The results imply the critical roles played by three variables as displayed from the direct and indirect connections. In other words, consumers purchased Pertamax RON 92 because they are satisfied and have a positive environmental attitude. For future promotion, the focus can be emphasised on the quality of eco-friendly petrol. It influences consumers’ satisfaction and continuous education to enhance consumers' positive attitudes toward the environment. This research describes a caring attitude towards the environment stimulated by consumer satisfaction in consuming green innovative products, which has become a highlight of environmental issues in various parts of the world.
Keywords— Satisfaction; Environmental Attitude; Repeat Purchase; Eco-friendl
YouTube Influencer: How Source Credibility and Information Quality Influence Destination Image and Visit Intention of Young Travelers?
Full text linkThis study aims to analyze the effects of YouTube influencers’ source credibility and the information quality of the platform on destination image and young travellers’ intention to visit a destination. Stimulus-organism-response (SOR) theory was adopted to develop the tested research model. This study applied a quantitative approach where primary data was collected through online surveys to 198 YouTube subscribers who had watched the examined YouTube channels’ content. The PLS-SEM technique was utilized to assess the structural model in the study. The results of this study show that source credibility had a significant positive effect on information quality, destination image, and visit intention. The information quality positively affected destination image but did not directly impact the visit intention. Furthermore, the destination image significantly mediates the effect of source credibility and information quality on visit intention. This study enriches the literature on the relationships among source credibility, information quality, and how these credibility and information quality could influence the destination image and young travellers’ intention to visit a destination in an emerging country like Indonesia.
Keywords— Destination Image; Information Quality; Source Credibility; Visit Intention: YouTube Influencer; Young Travelers
Stock Return Prediction Model in Indonesia
Full text linkStock returns are influenced by various things both external and internal. External factors that influence it include market sentiment and the circulation of information about the economy of the company's industry sector. Market sentiment is a reflection of the attitude and mood of investors towards the company. As a result, other investors try to anticipate the consequences of this attitude, so strategies emerge in investing. One of the strategies is the momentum of when to buy or sell an investment as a result of the investor's consideration of a situation to make their financial decision-making processes. This research aims to develop a model based on momentum estimations to determine when to buy and sell from each investment. Specifically, the study focuses on analysing the impacts of momentum factors along with beta, alpha and total risk factors on equity returns in Indonesia, using logistic regression to predict the likelihood of the returns. By combining influential factors, this model can make predictions with an accuracy of 85.6 per cent. The study has implications for investment strategy in Indonesia, particularly during episodes of downturn. The research is limited due to its reliance on the logistic regression model. This is the first study to include a momentum factor, along with beta, alpha, and total risk to predict the likelihood of equity returns in Indonesia. Keywords— Investment; Momentum; Return Prediction; Emerging Market
Influencer Marketing and Online Advertising as A Digital Marketing: A Case Study Green Beauty Products
Full text linkThe beauty industry in Indonesia is experiencing rapid growth, driven by factors such as a large young population and increasing purchasing power. The government is also encouraging improvements in the supply chain of raw materials to increase the national added value. Additionally, advancements in technology and the rise of social media and digital platforms have provided opportunities for the promotion and dissemination of beauty products. Influencer marketing and online advertising have become popular strategies for promoting beauty products. These techniques have been found to have a positive impact on consumer purchase decisions. Green brand knowledge has also gained importance in the beauty industry, as consumers are becoming more conscious of environmental issues and seeking sustainable and eco-friendly products. Therefore, this study aims to examine the impact of influencer marketing, online advertising, and green brand knowledge on the purchase decisions of green beauty products. The study utilizes a quantitative research approach and analyses data from 100 consumers. The findings suggest that influencer marketing and online advertising, have a direct impact on purchasing decisions, while green brand awareness has an insignificant impact on purchase decisions. The study recommends that companies focus on creating high-quality influencer content and implementing effective online marketing strategies to enhance the impact of these techniques. Additionally, companies should choose influencers and platforms aligned with their target audience. The study acknowledges limitations in sample size and research method and suggests further research to validate the findings. Keywords—Influencer Marketing; Online Advertising; Green Brand Knowledge; Purchase Decisio