Journal of Entrepreneurship Education (Print ISSN: 1098-8394; Online ISSN: 1528-2651)


Transformation in Business Strategy: The Key for BPD Performance in Indonesia

Author(s): Joko Hartono Kalisman, Erie Febrian, Faisal Afif, Meydia Hasan

The shift of demands towards the function of strategic regional development bank for the development propels the shift in BPD structure. The purpose of this study is to analyse the transformation in entrepreneurship business strategies: the key for BPD performance in Indonesia. The method of the research was explanatory survey towards 70 branch offices of BPD proportionally. The analysis approach used SEM. The result of the research show business strategy transformation is adjusted with the strategy at corporate level has effect towards business performance either financial or non-financial. The urgency of strategy shift is felt important in line with the demands for the function of strategic BPD until operational level. BPD as part of financial structure that has significant role towards the local development. The managerial implication is propelling business strategy transformation which is felt urgent by keeping referring to corporate strategy. The result of the research is made as one of performance framework for creating BPD performance which strategically functions for financial structure in the development and service.

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