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All Journal Aptisi Transactions on Management
Husain, Abigail
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Computer Science & IT Decision Sciences, Operations Research & Management

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Innovation in Business Management Exploring the Path to Competitive Excellence Delhi, Ariana; Sana, Eirene; Angelina Bisty, Alice; Husain, Abigail
APTISI Transactions on Management (ATM) Vol 8 No 1 (2024): ATM (APTISI Transactions on Management: January)
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/atm.v8i1.2204

Abstract

In the realm of business management, the focal point has shifted towards innovation as a pivotal endeavor for attaining a competitive edge. This study aims to delve into the repercussions of innovation in business management and accentuate its pivotal role in forging pathways to competitive advantage. The Structural Equation Modeling (SEM) analysis, employing the SmartPLS tool, was employed to scrutinize data gathered from 150 respondents representing Micro, Small, and Medium Enterprises (UMKM) in Indonesia across four distinct sectors: fashion, furniture, home decoration, and services. The analysis reveals a noteworthy impact of innovation on various facets of business management, encompassing strategy, organizational operations, and marketing. These findings underscore that organizations adept at integrating innovation into their management practices can cultivate sustainable competitive advantages. Furthermore, the research spotlights critical factors influencing the implementation of innovation, including leader support, organizational culture, and the ability to navigate risk. This study furnishes invaluable insights for practitioners and decision-makers by underscoring the significance of innovation in fortifying competitive positions. The practical implications of these findings suggest that MSMEs fostering a culture of innovation, backed by leadership support and adept risk management, stand poised to enhance their performance and competitiveness within the increasingly intricate and dynamic markets.
Exploring the Relationship Between Financial Competence and Entrepreneurial Ambitions in Digital Business Education Kristian, Agus; Kusnadi; Supriyadi, Agung; Squire Sean, Rio; Husain, Abigail
APTISI Transactions on Management (ATM) Vol 8 No 2 (2024): ATM (APTISI Transactions on Management: May)
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/atm.v8i2.2249

Abstract

This research investigates the relationship between financial competence and entrepreneurial ambitions within the context of digital business education. The primary focus is on the impacts, challenges, and opportunities of integrating financial literacy into entrepreneurial training in digital business programs. We analyze significant changes in student aspirations and outcomes resulting from enhanced financial competence. This study identifies the crucial role of financial education as a driver of entrepreneurial success while exploring how educational strategies evolve to accommodate these new dynamics. This relationship's social, economic, and cultural impacts are also examined. The challenges educational institutions face in implementing these changes are presented alongside opportunities to enhance student innovation, efficiency, and sustainability. This research contributes to a deep understanding of the dynamic relationship between financial competence and entrepreneurial ambitions, detailing practical implications for educators and policymakers in the digital business education sector.
Co-Authors Angelina Bisty, Alice Delhi, Ariana Kristian, Agus Kusnadi Sana, Eirene Squire Sean, Rio Supriyadi, Agung