COMPETITIVE STRENGTH AND ITS IMPACT TOWARD ACHIEVING COMPANY’S PERFORMANCE BASED ON BALANCED SCORECARD APPROACH IN THE FURNITURE INDUSTRY IN CENTRAL MINAHASA REGENCY
Abstract
The Balanced scorecard translates the company’s mission and strategies into a complete set of
measurements which provide the framework for measurements and strategic management system. This
study (research) aims at analyzing the simultaneous affects from the variables of competitive strength,
that is, delivery, value, flexibility, and innovation toward to the company’s performance achievement
based on Balanced Scorecard approach. This study is the explanatory study that explains the causes of
relation ship among variables through hypothetical tests. The population in this study are small,
medium, and big-scale furniture industries which are export – oriented and are also registered at the
office of industry, Trade, cooperative and investment of central Minahasa.
The determination of samples in this study is by using purposive sampling method, which
means that the determining of samples is by considering certain criteria that are decided by the
researcher (s) toward the objects which are suitable for the objective of the study. The results of the
study show that the variables of competitive strength, namely delivery, value, flexibility, and
simultancous innovation affect the achieving of company’s performance based on Balanced scorecard
approach in export – oriented furniture industry in the regency of central Minahasa
References
- BADAN PUSAT STATISTIK MINDUK. (2015). Minahasa Parent In Figures.. Minahasa Regency: BPS.
- DAVID, F. R. (2012). Concepts of Strategic Management. Seventh Edition. Pretince Hall. Inc. Sindoro, A. (translater). 2013. Strategic Management Conseptual PT Prenhallindo. Jakarta.
- DISPERINDAG KABUPATEN MINAHASA INDUK. (2015). Industrial Profile of Minahasa Regency North Sulawesi Province.
- GHOZALI, IMAM. (2010). Analysis Application of Multivariate With SPSS Programe. Third Edition. The Publisher of Diponegoro University. Semarang.
- HARINIE LULUK. T. (2012). The Influence of the Implementation of Strategy on the Performance at PT. Bank Mandiri (Persero) Tbk. Branch HUB Lambung Mangkurat Banjarmasin Based of Balanced Scorecard Approach. Tesis. Pascasarjana Brawijaya University. Malang.
- INDRIANTO, N. (2013). Research Methodology Business for Accounting and Management. BPFE. UGM. Yogyakarta.
- KAPLAN, R. S. AND NORTON, D. P. (2006) The Balaced Scorecard: Translating Strategy into Action. Massachusetts, Boston: Harvard Business Review.
- KETCHEN. (2011). Strategic Management. Murad and Sitanggang, H. (translater). 2012. Strategic Management and Company Policy. Third Edition. Erlangga. Jakarta.
- MULYADI. (2012). Excellence Approach Balanced Scorecard in a System of Strategic Planning. The Concept of Management Strategy. PT. Prenhallindo. Jakarta.
- PEARCE AND ROBINSON. (2010). Strategic Management. Richarrd D. Irwin, Inc. Maulana A., Saputra L. Dan Sularso E. (translater). 2011. Strategic Management : Formulation, Implementation and Controlling. Binarupa Aksara, Jakarta.
- ROBBINS. (2012). Performance Appraisal and Balanced Scorecard. Strategic Management and Business. McGraw-Hill, Inc. Murad and Sitanggang, H. (translater). 1998. Strategic Management and Company Policy. Third Edition. Erlangga. Jakarta.
- SCHULER and JACKSON. (2011). Performance Appraisal. Massachusetts, Boston: Harvard Business Review
- SOLIMUN. (2012). Multivariate Analysis Structural Equation Modelling (SEM) Lisrel and Amos. Malang: MIPA Faculty, Brawijaya University.
- SUGIYONO. (2012). Research Of Methodology Business. Bandung: Alfabeta.
- VICKERY, S. K., DROGE, C., AND MARKLAND, R. E. (2013). Dimensions of Manufacturing Strength in the Furniture Industry, Journal of Operations Management, 15(4) November 1997: 3 17-329.
- WARD, P., AND DURRAY, R. (2013). Manufacturing Strategy in Context: Environment, Competitive Strategy and Manufacturing Strategy. Journal of Operations Management, 18 (2): 123-138
COMPETITIVE STRENGTH AND ITS IMPACT TOWARD ACHIEVING COMPANY’S PERFORMANCE BASED ON BALANCED SCORECARD APPROACH IN THE FURNITURE INDUSTRY IN CENTRAL MINAHASA REGENCY
Abstract
The Balanced scorecard translates the company’s mission and strategies into a complete set of
measurements which provide the framework for measurements and strategic management system. This
study (research) aims at analyzing the simultaneous affects from the variables of competitive strength,
that is, delivery, value, flexibility, and innovation toward to the company’s performance achievement
based on Balanced Scorecard approach. This study is the explanatory study that explains the causes of
relation ship among variables through hypothetical tests. The population in this study are small,
medium, and big-scale furniture industries which are export – oriented and are also registered at the
office of industry, Trade, cooperative and investment of central Minahasa.
The determination of samples in this study is by using purposive sampling method, which
means that the determining of samples is by considering certain criteria that are decided by the
researcher (s) toward the objects which are suitable for the objective of the study. The results of the
study show that the variables of competitive strength, namely delivery, value, flexibility, and
simultancous innovation affect the achieving of company’s performance based on Balanced scorecard
approach in export – oriented furniture industry in the regency of central Minahasa
References
- BADAN PUSAT STATISTIK MINDUK. (2015). Minahasa Parent In Figures.. Minahasa Regency: BPS.
- DAVID, F. R. (2012). Concepts of Strategic Management. Seventh Edition. Pretince Hall. Inc. Sindoro, A. (translater). 2013. Strategic Management Conseptual PT Prenhallindo. Jakarta.
- DISPERINDAG KABUPATEN MINAHASA INDUK. (2015). Industrial Profile of Minahasa Regency North Sulawesi Province.
- GHOZALI, IMAM. (2010). Analysis Application of Multivariate With SPSS Programe. Third Edition. The Publisher of Diponegoro University. Semarang.
- HARINIE LULUK. T. (2012). The Influence of the Implementation of Strategy on the Performance at PT. Bank Mandiri (Persero) Tbk. Branch HUB Lambung Mangkurat Banjarmasin Based of Balanced Scorecard Approach. Tesis. Pascasarjana Brawijaya University. Malang.
- INDRIANTO, N. (2013). Research Methodology Business for Accounting and Management. BPFE. UGM. Yogyakarta.
- KAPLAN, R. S. AND NORTON, D. P. (2006) The Balaced Scorecard: Translating Strategy into Action. Massachusetts, Boston: Harvard Business Review.
- KETCHEN. (2011). Strategic Management. Murad and Sitanggang, H. (translater). 2012. Strategic Management and Company Policy. Third Edition. Erlangga. Jakarta.
- MULYADI. (2012). Excellence Approach Balanced Scorecard in a System of Strategic Planning. The Concept of Management Strategy. PT. Prenhallindo. Jakarta.
- PEARCE AND ROBINSON. (2010). Strategic Management. Richarrd D. Irwin, Inc. Maulana A., Saputra L. Dan Sularso E. (translater). 2011. Strategic Management : Formulation, Implementation and Controlling. Binarupa Aksara, Jakarta.
- ROBBINS. (2012). Performance Appraisal and Balanced Scorecard. Strategic Management and Business. McGraw-Hill, Inc. Murad and Sitanggang, H. (translater). 1998. Strategic Management and Company Policy. Third Edition. Erlangga. Jakarta.
- SCHULER and JACKSON. (2011). Performance Appraisal. Massachusetts, Boston: Harvard Business Review
- SOLIMUN. (2012). Multivariate Analysis Structural Equation Modelling (SEM) Lisrel and Amos. Malang: MIPA Faculty, Brawijaya University.
- SUGIYONO. (2012). Research Of Methodology Business. Bandung: Alfabeta.
- VICKERY, S. K., DROGE, C., AND MARKLAND, R. E. (2013). Dimensions of Manufacturing Strength in the Furniture Industry, Journal of Operations Management, 15(4) November 1997: 3 17-329.
- WARD, P., AND DURRAY, R. (2013). Manufacturing Strategy in Context: Environment, Competitive Strategy and Manufacturing Strategy. Journal of Operations Management, 18 (2): 123-138
Details
| Journal Section | Articles |
|---|---|
| Authors | |
| Publication Date | April 28, 2016 |
| Published in Issue | Year 2016 Volume: 3 Issue: 2 |
