| Issue |
MATEC Web of Conferences
Volume 58, 2016
The 3rd Bali International Seminar on Science & Technology (BISSTECH 2015)
|
|
|---|---|---|
| Article Number | 02003 | |
| Number of page(s) | 8 | |
| Section | Industrial Engineering | |
| DOI | https://doi.org/10.1051/matecconf/20165802003 | |
| Published online | 23 May 2016 | |
Analysis of Balance Scorecards Model Performance and Perspective Strategy Synergized by SEM
1 University of Pembangunan Nasional “Veteran” Jawa Timur, Surabaya, East Java, Indonesia
2 University Muhammadiyah Gresik.
Email: mintowaluyo_ti@yahoo.co.id
Email: syamsulhuda-prof10@yahoo.co.id
Email: noersoetjipto@yahoo.co.id
Email: busumiati_tic@yahoo.com
Email: handoyo_ti@yahoo.com
The performance assessment analysis after the economic crisis by using Balanced Scorecard (BSC) method becomes a powerful and effective tool and can provide an integrated view of the performance of an organization. This strategy led to the Indonesian economy being stretched positively after the economic crisis. Taking effective decisions is not spared from combining four BSC perspectives and strategies that focus on a system with different behavior or steps. This paper combines two methods of BSC with structural equation modeling (SEM)) because they have the same concept, which is a causal relationship, where the research model concept SEM variables use BSC variable. The purpose of this paper is to investigate the influence of variables that synergized between balanced scorecard with SEM as a means of strategic planning in the future. This study used primary data with a large enough sample to meet the maximum likelihood estimation by assessment scale of seven semantic points. This research model is a combination of one and two step models. The next step is to test the measurement model, structural equation modeling, and modification models. The test results indicated that the model has multi colinearities. Therefore, the model is converted into one step model. The test results after being modified into a model of the goodness of fit indices showed a good score. All BSC variables have direct significant influence, including the perspective of strategic goals and sustainable competitive advantage. The implication of the simulation model of goodness of fit-modification results are DF = 227, Chi-square =276.550, P =0.058, CMIN/DF = 1.150, GFI = 0.831, AGFI = 0.791, CFI = 0.972, TLI = 0.965 and RMSEA = 0.039.
Key words: balanced scorecard variable / perspective of strategic objectives / SEM / center of small enterprises
© Owned by the authors, published by EDP Sciences, 2016
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.