Improvement Performance Management System

• Main Author: Buldan Sumintapura-29116216, Herman
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/27844
• Institution: Institut Teknologi Bandung

The establishment of PT Dirgantara Indonesia (Persero) Company can not be separated from <br /> <br /> the wishes of the founders of this nation so that the country can have an aircraft industry <br /> <br /> capable of meeting national needs for both civil and military needs. <br /> <br /> As a company that is required to provide benefits in managing its operational activities the <br /> <br /> company must have tools to control performance or performance management. The condition <br /> <br /> of PTDI after the implementation of the Restructuring and Revitalization (RR) program <br /> <br /> shows positive developments by achieving good liquidity and can finance contract programs, <br /> <br /> healthy capital and bankable structures, contract acquisitions and increased sales, increase <br /> <br /> production capacity, build cooperation through strategic alliances, to achieve operating profit <br /> <br /> and net income. but from the financial (profit margin) and operating aspects can not reach the <br /> <br /> expected target mainly due to high interest cost of working capital loan and not yet fully able <br /> <br /> to meet the delivery of the product on time. To solve this problem the company has issued a <br /> <br /> performance management system policy as a tool to measure company performance in <br /> <br /> December 2016. <br /> <br /> The authors suspect that the implementation of performance management system is currently <br /> <br /> not perfect so that it needs improvement. For that reason, it is necessary to evaluate and refine <br /> <br /> and redesign the performance management system with Cascading Key Performance <br /> <br /> Indicators (KPIs) using the Balance Scorecard Method. The implementation plan for <br /> <br /> improved performance management will be conducted by conducting workshops organizing <br /> <br /> the key performance indicators of each work plan of each organizational unit by involving all <br /> <br /> structural officials and assisted by subject matter experts who are planned to begin in the <br /> <br /> second week of June 2018 and completed by the end of July 2018.