Managerial planning model for enhancing company performance

Authors

  • Adityo Setiadi State University of Jakarta, Jakarta, Indonesia
  • Osly Usman State University of Jakarta, Jakarta, Indonesia
  • Budi Santoso State University of Jakarta, Jakarta, Indonesia

Keywords:

Organizational Culture, External Environment Factors, Managerial Factors, Company Performance, Strategic Planning

Abstract

This study aims to analyze and determine the effect of external environmental factors, managerial factors, organizational culture and strategic planning on company performance on employees of PT Wika Realty. The method used is quantitative research with a causal model, as well as data analysis techniques using the SmartPLS 3.0 application. Primary data was collected by distributing online questionnaires to employees with managerial positions involved in strategic planning and decision making with a tenure of more than 5 years at PT Wika Realty, totaling 100 employees with a sample size of 80 respondents. The results of this study are statistically supported, namely that there is a direct positive and significant influence on external environmental factors, managerial factors, and organizational culture on strategic planning and company performance.

References

AlQershi, N. (2021). Strategic thinking, strategic planning, strategic innovation and the performance of SMEs: The mediating role of human capital. ,. Management Science Letters, 11((3)), 1003-1012.

AlQershi, Nagwan. (2021). Strategic thinking, strategic planning, strategic innovation and the performance of SMEs: The mediating role of human capital. Management Science Letters, 11, 1003–1012.https://doi.org/10.5267/j.msl.2020.9.042

Amoo,N., Lodorfos, G., & Mahtab, N. (2022). Over half a century of strategic planning performance research–what have we been missing?. International Journal of Organizational Analysis.

Arte, P., & Larimo, J. (2022). Moderating influence of product diversification on the international diversification-performance relationship: A meta-analysis. Journal of Business Research, 139, 1408-1423.

Bello, J., Collins, S., Dreischmeier, R., & Libarikian, A. (2020). Innovating from necessity: The business-building imperative in the current crisis. McKinsey Digital.

Blackburn, S., LaBerge, L., O'Toole, C., & Schneider, J. (2020). Digital strategy in a time of crisis. McKinsey Digital. https://www.mckinsey.com/business- functions/mckinsey-digital/our-insights/digital-strategy-in-a-time-of-crisis

Brosseau, D., Ebrahim, S., Handscomb, C., and Thaker, S. (2019). The journey to an agile organization.

Ekawati, E., Bangsawan, S., Yuliansyah, Y., Razimi, MS, & Lindrianasari. (2019). Organization Culture Oriented on Islamic Principles and Company Performance. Review of Integrative Business and Economics Research, 8(4), 301–312.http://buscompress.com/journal-home.html

Endriana, Y., Arifin, Z., & Handayani, SR (2014). The Influence of Knowledge Management and Strategic Partner Human Resources on Strategic Planning and Organizational Performance (Study on Local Company Internet Service Providers in Malang). Profit: Journal of Business Administration, 8(2), 1–3.

George, B., Walker, RM, & Monster, J. (2019). Does strategic planning improve organizational performance? A meta-analysis. ,. Public Administration Review, 79((6)), 810-819.

George, B., Walker, RM, & Monster, J. (2019). Does Strategic Planning Improve Organizational Performance? A Meta-Analysis. Public Administration Review, 79(6), 810–819.https://doi.org/10.1111/puar.13104

Haryanto, A. (2019). Influence of External and Managerial Business Environment on Strategic Planning to Improve Performance of Pt Wijaya Karya (Persero) Tbk.

Jannah, M., Budiandriani, B., & Ajmal, A. (2022). Effect of Financial Performance and Inflation Rate on Profit Growth in Automotive Companies on the Indonesia Stock Exchange. CESJ: Center Of Economic Students Journal, 5(1), 1–23.http://jurnalmahasiswa.stiesia.ac.id/index.php/jira/article/view/4065

Mardiyono, A. (2013). The Influence of External Business Environmental Factors and Managerial Factors on Strategic Planning to Improve Company Performance (Empirical Study on Small Wingko Babat Food Industry in Semarang City). Scientific Journal of UNTAG Semarang.

Meutia, KI, & Husada, C. (2018). The Influence of Organizational Culture and Organizational Commitment on Employee Performance. Jesya (Journal of Islamic Economics & Economics), 1(1), 9–25.https://doi.org/10.36778/jesya.v1i1.7

Natasha, P., & Devie. (2013). Analysis of the Effect of Strategic Planning on Competitive Advantage and Company Performance. Business Accounting Review, 1(2), 185–196.

Paais, M., & Pattiruhu, JR (2020). Effect of Motivation, Leadership, and Organizational Culture on Satisfaction and Employee Performance. Journal of Asian Finance, Economics and Business, 7(8), 577–588.https://doi.org/10.13106/JAFEB.2020.VOL7.NO8.577

Pertiwi, SP, & Suhartini, D. (2022). The Effect of Income Diversification, Intellectual Capital, and Risk Management Disclosures on Firm Value: Empirical Study on Conventional Commercial Banks Listed on the Indonesia Stock Exchange 2015-2020. Fair Value: ,. Scientific Journal of Accounting and Finance, 5((02)), 1082-1094.

Sijabat, J. (2016). The influence of environmental factors, managerial factors and organizational factors on the intensity of strategic planning (empirical study on BPR in North Sumatra). Scientific Magazine of the Mandiri Bina Prestasi Polytechnic, 5(1), 86–94.https://ejournal.unri.ac.id/index.php/JKP/article/view/884/877

Sugiama, AG (2008). Business and Management Research Methods. First Edition. CV. Guardaya Intimarta.

Sugiono. (2007). Business Research Methods. Alphabet.

Suwono. (2018). The Effect of Strategic Planning and Strategic Implementation on the Performance of Regional Water Company Tirta Wijaya, Cilacap Regency. Journal of Management and Economics, 1(2).

Wahab, MHA-AA, Ismail, M., & Muhayiddin, MN (2019). Influence of Internal and External Environmental Factors on Operational Excellence of Manufacturing Sectors in Malaysia. International Journal of Academic Research in Business and Social Sciences, 9(2), 961–970.https://doi.org/10.6007/ijarbss/v9-i2/5654

Wardani, YK, Mangunwihardjo, S., & Perdhana, MS (2016). Building Business Strategy Through Managerial Factors As Owners And External Business Environment In Improving Company Performance (Study on food SMEs in Semarang City).

Published

2022-09-30

How to Cite

Setiadi, A., Usman, O., & Santoso, B. (2022). Managerial planning model for enhancing company performance. The International Journal of Social Sciences World (TIJOSSW), 4(2), 107–121. Retrieved from https://growingscholar.org/journal/index.php/TIJOSSW/article/view/258