Ilomata International Journal of Management https://www.ilomata.org/index.php/ijjm <p><strong>Ilomata International Journal of Management</strong> is a peer-reviewed, open-access scientific journal that aims to promote an integrated and multidisciplinary approach to management. The journal focuses on issues related to business and international management, management of international systems, organizational behavior and human resource management, strategy, and tourism, leisure and hospitality management of new methodologies and technologies that contribute to strategic and operational improvements of organizations within the contemporary global environment. Journal Indexed or abstracting and Citations Analysis. <a title="Journal History" href="https://www.ilomata.org/index.php/ijjm/history">Journal History</a></p> en-US <p><a href="http://creativecommons.org/licenses/by/4.0/" rel="license"><img style="border-width: 0;" src="https://i.creativecommons.org/l/by/4.0/88x31.png" alt="Creative Commons License"></a><br>This work is licensed under a <a href="http://creativecommons.org/licenses/by/4.0/" rel="license">Creative Commons Attribution 4.0 International License</a>.</p> novianita@ilomata.org (Novianita Rulandari) novianita@ilomata.org (Amrullah) Sat, 30 Apr 2022 07:23:20 +0000 OJS 3.1.2.1 http://blogs.law.harvard.edu/tech/rss 60 Underpinning Hawley’s Risk Theory of Profit on Risk Intelligence and Sustainability Relations of SMEs in Nigeria https://www.ilomata.org/index.php/ijjm/article/view/469 <p>Sustainable development is one of the topical issues posing a global challenge to the business world. To remain successful in today's competitive business environment, Small and Medium-Scale Enterprises (SMEs) must find a way to exist by adapting to dynamic sustainability challenges. The study aimed to examine Hawley’s Risk Theory of Profit's underpinning role in explaining the connection between Risk Intelligence (RI) and SMEs’ sustainability (SUS). It was understood that risk could pose both opportunities and threats to business, and therefore, proactive detection is paramount to address the risk capable of ridiculing sustainability. Therefore, we proposed integrating the moderating role of financial performance in the relationship between Nigerian SMEs' risk intelligence and sustainability. The study found Hawley’s theory relevant to risk and sustainability tradeoff. Previous studies proxied risk intelligence by knowledge management, financial literacy, and risk-taking propensity, which paved the way for developing a framework for attaining sustainable SMEs in Nigeria. We concluded that SME’s sustainability could be ensured by effectively managing inherent risks and should be incorporated into Enterprise Risk Management (ERM) systems.</p> Murtala Garba, Fauzilah Salleh, Usman Ahmed Hafiz Copyright (c) 2022 Murtala Garba, Fauzilah Salleh, Usman Ahmed Hafiz https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/469 Sat, 30 Apr 2022 00:00:00 +0000 Institutional Arrangement in the Investment Sector through Inter-Organizational Communication https://www.ilomata.org/index.php/ijjm/article/view/470 <p>Investment is one of the economic drivers in various countries, because investment will be able to have a very significant impact on economic development. Therefore, this investment growth has special attention in various regions to support the smooth development of investment. Therefore, investment services, especially in licensing development, have changed dynamically in line with global economic developments. This situation requires innovation in investment and licensing processes to improve the investment climate. Handling efforts can be carried out in various ways such as human resource development or organizational management aimed at facilitating services for the business community. Based on the newest phenomena and facts supported by data, the problems were analyzed using qualitative method approaches and descriptive analysis methods. Thus, a descriptive analysis method is applied to find facts by accurately interpreting and describing the group and individual characteristics of the phenomena found from the results of this study. The results of this research showed that the bureaucratic path in completing licensing was very long and had an impact on the increasingly expensive licensing fees, so that this will not support the objectives of investment policies in the region. It can be concluded that the problem lies in the institutional aspect of the agency that handles licensing and investment issues that exist in each region which are still weak in formal and informal regulations and their enforcement, so that the implementation of policies on investment is still very difficult to be implemented, or bad implementation. The implementated of law enforcement both formal and informal, one of them is supported by the synergy between policy actors and harmonization of communication among organizations because this will have an impact on making licensing easily for investment to cut long bureaucratic paths as well as expensive costs</p> M. Widaningsih Widaningsih, Novianita Rulandari Copyright (c) 2022 M. Widaningsih, Novianita Rulandari https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/470 Sat, 30 Apr 2022 00:00:00 +0000 The Challenges of Leadership in Indonesia in Implementing the Digital Transformation of Community 5.0 in the Context of Improving MSME Capacity https://www.ilomata.org/index.php/ijjm/article/view/449 <p>The development of information and communication technology, which has now entered the industrial revolution 4.0, has received a new challenge, namely society 5.0 as conveyed by Japanese Prime Minister Shinzo Abe in 2017, which is to combine all aspects of people's lives in the development of digital technology intelligence. The COVID-19 pandemic is a momentum for disruption and changes in people's lifestyles on a larger scale towards a digital society. Leadership is one of the factors that will encourage or hinder the implementation of the digital transformation of society 5.0, including in terms of increasing the capacity of MSMEs in Indonesia. This study uses a qualitative research method, namely by making direct observations and using a question form.</p> Mohammad Aliardo Copyright (c) 2022 Mohammad Aliardo https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/449 Sat, 30 Apr 2022 00:00:00 +0000 The Analysis of Activity-Based Management Implementation to Increase Cost Efficiency in Hotel XY Semarang https://www.ilomata.org/index.php/ijjm/article/view/444 <p>Hotel XY Semarang is a star hotel that provides various services and facilities, so it is necessary to increase cost efficiency without reducing the value provided to customers. This study aims to analyze the cost efficiency of activities by applying the Activity-Based Management method using accurate cost information to reduce non-value-added activities. This study uses a quantitative descriptive method. The data were collected through observation, interviews, and documentation. This study first calculated the room rental cost using Activity-Based Costing, then calculated the value of cost efficiency with the Activity-Based Management method and tested the hypothesis to determine whether there is a significant difference after the implementation of Activity Based Management. The results showed that Hotel XY Semarang still calculates room rental costs using the traditional method. After implementing the Activity Based Costing method, the results show the difference in under costing in the President Suite room types and over costing in the Deluxe Room, Junior Suite, and Executive Suite room types. The implementation of Activity Based Management can reduce costs by Rp. 734.526.570 or increase cost efficiency by 7.91% of the total cost of Rp. 9.287.146.443.</p> Nadzifah Sabila Husna, Mohamad Hasanudin, Musyafa Al Farizi Farizi Copyright (c) 2022 Nadzifah Sabila Husna, Mohamad Hasanudin, Musyafa Al Farizi Farizi https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/444 Sat, 30 Apr 2022 00:00:00 +0000 Teaching Factory Management in Vocational High Schools https://www.ilomata.org/index.php/ijjm/article/view/448 <p>Management is applied in business, government, universities, schools, industry, and learning. Teaching factory learning is production-based learning or services according to industry standards and procedures. The resulting product is sold, so marketing is needed. Teaching factory learning is a replica industry in schools. Thus, teaching factory is related to management, teachers, students, industry, consumers, and marketing, so that management is needed in its management. Management of teaching factory in vocational high school, regulated according to the implementation of teaching factory. The purpose of this research is to describe the management of the teaching factory, covering the organizational structure and management of the teaching factory. This type of research is qualitative descriptive. The research sample was 14 SMK in East Java. Data collection methods use interviews and observations. The results showed that the management of teaching factories in vocational high schools was different. The organizational structure involves the principal, vice principal, head of expertise program, productive teacher and education personnel. In addition, there are outside parties, namely partner companies and school supervisors. Teaching factory management includes planning that consists of planning learning equipment, planning products, and planning marketing. Implementation includes production, marketing. Supervision includes evaluation of the implementation of teaching factory and follow-up.</p> Ratna Suhartini Copyright (c) 2022 Ratna Suhartini https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/448 Sat, 30 Apr 2022 00:00:00 +0000 Implementation of 9P Marketing Mix Strategy in Order to Increase Sales Volume in Abdul Ghoffar Rejotangan Tulungagung's Koi Fish Farming Business https://www.ilomata.org/index.php/ijjm/article/view/447 <p>The marketing mix consists of all the things a company can do to find out the demand for its products. This research was aimed to analyze the application of the 9P marketing mix strategy in increasing sales volume as an effort to maximize profits in the Abdul Ghoffar Rejotangan Tulungagung’s Koi Fish Farming Business. This research used descriptive research methods and STP with a qualitative approach. Sources of data in this research were primary and secondary data. Data collection techniques used observation, interviews, questionnaires, and documentation. The research was carried out with 5 informants, they were business owners, employees, consumers 1, consumers 2, and competitors. The results showed that the 9P marketing mix strategy at the Abdul Ghoffar Rejotangan Tulungagung’s Koi Fish Farming Business was carried out in various ways. First, the various products produced with 11 kinds of fish, good quality products concerning the size of the koi fish, and innovative products. Second, the price offered was affordable according to the target market. Third, marketing and delivery locations were strategic and easy to reach. Fourth, various promotions so prospective consumers could easily find products. Fifth, good quality business locations by classifying fish according to conditions. Sixth, conducted training for employees to produce good service to consumers. Seventh, an effective delivery process by choosing the right distributor. Eighth, did safe packaging. Ninth, used an easy payment method. This research concluded that the implementation of the 9P marketing mix strategy can have an impact on increasing sales volume in Abdul Ghoffar Rejotangan Tulungagung’s Koi Fish Farming Business.</p> Irkha Fitriana Jumari, Sri Eka Astutiningsih Copyright (c) 2022 Irkha Fitriana Jumari, Sri Eka Astutiningsih https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/447 Sat, 30 Apr 2022 00:00:00 +0000 Design and Development of Information Systems Supporting Stock Investors "Batch of Automatic Stock Analysis System" https://www.ilomata.org/index.php/ijjm/article/view/455 <p>Many information systems make it easier for stock investors to make decisions to buy shares. But no information system provides an easy-to-understand display and exclusive features to make it easier for investors to make decisions and find information about stock investments, especially for novice investors. Therefore, this study aims to design and build a web-based information system that can assist stock investors in making decisions and seeking information about stock investments. The design of this information system is equipped with a stock overview, moving average analysis, analysis of Minervini trends templates, analysis of candlestick patterns, stock screeners, and stock lists. Stocks that can be analyzed using technical analysis and candlestick patterns are only stocks belonging to the LQ45, KOMPAS100, IDX80, IDX30, JII70, Investor33, Pefindo25 constituents. The results of this study are stock investors can get stock recommendations in real-time and information about stock investments quickly.</p> Dipta Harimbawa, Moh. Hasanudin, Bagas Putra Pradana, Afiat Sadida Copyright (c) 2022 Bagas Putra Pradana https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/455 Sat, 30 Apr 2022 00:00:00 +0000 Analysis Model of the Impact of the Covid-19 Pandemic on the Profitability of SMEs https://www.ilomata.org/index.php/ijjm/article/view/460 <p>This study aims to and analyze the extent of the influence of the covid-19 pandemic on the Profitability of the Water Hyacinth Craft Cluster SMEs "Klinting" in Semarang Regency. The research method used is a hypothetical empirical method that is used to test the difference between the ability to earn profits (Profitability) of the Water hyacinth Handicraft Klater SMES "Klinting" before and during the Covid-19 pandemic. Profitability of Water Hyacinth Craft Cluster "Klinting" Kab. Semarang in 2019 is 26% and in 2020 is 21%. The results of the different test using the paired sample t test resulted in a value of t = 2.763 with a 2-tailed significance of 0.018, less than 0.05, so Ho was rejected and Hi was accepted. So it was concluded that there were significant differences in the Klinting Cluster Encenggondok SMEs in earning profits before and during the Covid-19 pandemic.</p> Ardian Widiarto, Lardin Korawijayanti, Arum Febriyanti Ciptaningtias, Tutik Dwi Karyanti Copyright (c) 2022 Ardian Widiarto, Lardin Korawijayanti, Arum Febriyanti Ciptaningtias, Tutik Dwi Karyanti https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/460 Sat, 30 Apr 2022 00:00:00 +0000 The Effect of Perceived Price and Product Quality on Dutch Decisions on Cumart Digital Applications with Customer Trust as Moderating Variables https://www.ilomata.org/index.php/ijjm/article/view/454 <p>Research on E-commerce-based product trading companies, namely the digital application Cumart, aims to determine the effect of price perception and product quality on Dutch decisions with customer trust as a moderating variable. This type of research is quantitative research and uses accidental sampling technique for sampling. The population in this study are people in the northern DKI Jakarta area. The sample in this study used the Hair et al sample formula and based on the formula it was known that the size or number of samples was 120 respondents. Questionnaire distribution using Google forms and data processing using Smart PLS.</p> Rezky Agung Setiawan, Koerniawan Hidajat Copyright (c) 2022 Rezky Agung Setiawan, Koerniawan Hidajat https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/454 Sat, 30 Apr 2022 00:00:00 +0000 Impact of the Implementation of Green Human Resources Management: A Study of Systematic Literature https://www.ilomata.org/index.php/ijjm/article/view/471 <p>The impact of implementing Green Human Resource Management (GHRM) is an important research agenda in human resource management practices in modern business companies. This type of research is descriptive qualitative and uses a systematic literature review approach. The purpose study is to provide an overview of the latest research on the application of GHRM, problems that arise in the application of GHRM, policies and operational steps for implementing GHRM, the impact of implementing GHRM, and recommendations for further research studies on the impact of implementing GHRM in the corporate environment. This paper presents a structural overview of 30 peer-reviewed articles published in leading academic journals from 2018 to 2022. This review provides an increased understanding of the current state of research, trends, and future research directions. The literature review framework uses the PRISMA model. Research findings show that the implementation of GHRM is developing in both developed and developing countries, effective GHRM implementation requires organizational commitment and employee participation. The GHRM implementation system is the uniqueness of the organization and the impact of GHRM implementation leads to green managerial innovation and green HR process innovation that supports green management and sustainable green industries.</p> Lina Saptaria, Budi Eko Soetjipto, Cipto Wardoyo Copyright (c) 2022 Lina Saptaria, Budi Eko Soetjipto, Cipto Wardoyo https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijjm/article/view/471 Sat, 30 Apr 2022 00:00:00 +0000