THE MODEL OF INTELLECTUAL CAPITAL AND PERFORMANCE
DOI:
https://doi.org/10.31933/dijms.v3i4.1132Keywords:
Human Procurement, Development, Intellectual Capital and PerformanceAbstract
This research focused on higher of job rejection result and low of coordination among unit in problem solving of all the projects which is tend to decline of employee’s performance. The main issues discussed in this research is factors influence it, namely human procurement, development and intellectual capital. The research aims to analyze, describe and test the impact of human procurement, development on intellectual capital and its implication on employee’s performance at PT. Garuda Indonesia. The research used was descriptive and explanatory survey method, so the research attempts to collect, present, analyze, and test hypotheses, to make a conclusion were used Structural Equation Model (SEM) approach. The design of study is a survey research, the unit analysis selected were core knowledge worker with a sample size of 303 from 1245 employees, based on Slovin’s formula. The results indicated that human procurement, development have a simultaneously positive and significant effect on intellectual capital, and human procurement, development is either partially or simultaneously have a positive and significant effect on employee’s performance level through intellectual capital. The findings are: (1) human procurement indicates low contribution on either intellectual capital or employee’s performance, the highest score of human procurement dimension is selection and the lowest is recruitment dimension. 2) human development indicates low contribution on either intellectual capital or employee’s performance, the highest score of human development dimension is education and the lowest is training dimension (3) intellectual capital indicates moderate scores on employee’s performance level, the highest score of intellectual capital dimension is social capital and the lowest is structure capital dimension. (4) the highest score size of employee’s performance dimension based on employees perception is goal and the lowest is motive dimension.
References
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Mitsakis, F. V. (2020). Human resource development (HRD) resilience: a new ‘success element’ of organizational resilience? Human Resource Development International. https://doi.org/10.1080/13678868.2019.1669385
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Nguyen, A. H., & Doan, D. T. (2020). The impact of intellectual capital on firm value: Empirical evidence from Vietnam. International Journal of Financial Research. https://doi.org/10.5430/ijfr.v11n4p74
Nikolaou, I. (2021). What is the Role of Technology in Recruitment and Selection? Spanish Journal of Psychology. https://doi.org/10.1017/SJP.2021.6
Olarewaju, O. M., & Msomi, T. S. (2021). Intellectual capital and financial performance of South African development community’s general insurance companies. Heliyon. https://doi.org/10.1016/j.heliyon.2021.e06712
Paais, M., & Pattiruhu, J. R. (2020). Effect of Motivation, Leadership, and Organizational Culture on Satisfaction and Employee Performance. Journal of Asian Finance, Economics and Business. https://doi.org/10.13106/JAFEB.2020.VOL7.NO8.577
Ratna Pudyaningsih, A., Dwiharto, J., & Ghifary, M. T. (2020). The role of work satisfaction as a mediation leadership on employee performance. Management Science Letters. https://doi.org/10.5267/j.msl.2020.7.039
Rigby, C. S., & Ryan, R. M. (2018). Self-Determination Theory in Human Resource Development: New Directions and Practical Considerations. Advances in Developing Human Resources. https://doi.org/10.1177/1523422318756954
Sabuhari, R., Sudiro, A., Irawanto, D. W., & Rahayu, M. (2020). The effects of human resource flexibility, employee competency, organizational culture adaptation and job satisfaction on employee performance. Management Science Letters. https://doi.org/10.5267/j.msl.2020.1.001
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Soewarno, N., & Tjahjadi, B. (2020). Measures that matter: an empirical investigation of intellectual capital and financial performance of banking firms in Indonesia. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-09-2019-0225
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Sutanto, E. M., & Kurniawan, M. (2016). The impact of recruitment, employee retention and labor relations to employee performance on batik industry in Solo city, Indonesia. International Journal of Business and Society, 17(2), 375–390.
Sutia, S., Riadi, R., & Fahlevi, M. (2020). The influence of supply chain performance and motivation on employee performance. International Journal of Supply Chain Management.
Suwarto, F. X., & Subyantoro, A. (2019). The Effect of Recruitment, Selection and Placement on Employee Performance. International Journal of Computer Networks and Communications Security.
Twalib, M. H., & Kariuki, M. M. (2016). Influence of Motivation on Employee Performance at Telkom Kenya Limited. International Journal of Business, Social Sciences & Education.
Udin, U. (2020). Renewable energy and human resource development: Challenges and opportunities in Indonesia. International Journal of Energy Economics and Policy. https://doi.org/10.32479/ijeep.8782
van Song, N., Hanh, P. T. M., Cuc, M. T., & Tiep, N. C. (2020). Factors affecting human resources development of SMEs: Evidence from the fourth Industrial revolution in Vietnam. Management Science Letters. https://doi.org/10.5267/j.msl.2020.4.040
Widiatmoko, J., Indarti, M. G. K., & Pamungkas, I. D. (2020). Corporate governance on intellectual capital disclosure and market capitalization. Cogent Business and Management. https://doi.org/10.1080/23311975.2020.1750332
Wolor, C. W., Kurnianti, D., Zahra, S. F., & Martono, S. (2020). The importance of work-life balance on employee performance millennial generation in Indonesia. Journal of Critical Reviews. https://doi.org/10.31838/jcr.07.09.203
Yudianto, I., Mulyani, S., Fahmi, M., & Winarningsih, S. (2021). The influence of good university governance and intellectual capital on university performance in Indonesia. Academic Journal of Interdisciplinary Studies. https://doi.org/10.36941/ajis-2021-0006
Yusliza, M. Y., Yong, J. Y., Tanveer, M. I., Ramayah, T., Noor Faezah, J., & Muhammad, Z. (2020). A structural model of the impact of green intellectual capital on sustainable performance. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2019.119334
Akoi, S. M., & Yesiltas, M. (2020). The impact of human resource development (Hrd) practices on organizational performance: the mediating role of human capital. Revista de Cercetare Si Interventie Sociala. https://doi.org/10.33788/rcis.70.7
Ayu Putu Widani Sugianingrat, I., Rini Widyawati, S., Alexandra de Jesus da Costa, C., Ximenes, M., Dos Reis Piedade, S., & Gede Sarmawa, W. (2019). The employee engagement and OCB as mediating on employee performance. International Journal of Productivity and Performance Management. https://doi.org/10.1108/IJPPM-03-2018-0124
Babaita, I. S., Rafiu, A. J., & Aremu, S. A. (2020). Impact of Information Technology on Human Resource Management Procurement Functions: A Case of A Nigerian University. Malaysian Management Journal. https://doi.org/10.32890/mmj.22.2018.9676
Bandiyono, A., & Saifuridzal, H. (2019). The Effect Of Budget Planning, Administration, Human Resources, Procurement, And Inventory Money For The Budget Absorption In Indonesia. Revista de Ciencias Humana y Sociales.
Bellucci, M., Marzi, G., Orlando, B., & Ciampi, F. (2021). Journal of Intellectual Capital: a review of emerging themes and future trends. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-10-2019-0239
Chandrasekhar, N., Gupta, S., & Nanda, N. (2019). Food Delivery Services and Customer Preference: A Comparative Analysis. Journal of Foodservice Business Research. https://doi.org/10.1080/15378020.2019.1626208
Chapman, E. F., Sisk, F. A., Schatten, J., & Miles, E. W. (2018). Human resource development and human resource management levers for sustained competitive advantage: Combining isomorphism and differentiation. Journal of Management and Organization. https://doi.org/10.1017/jmo.2016.37
Chmielarz, W. (2015). Information technology project management. Information technology project management. https://doi.org/10.7172/978-83-65402-07-3.2015.wwz.4
Dirani, K. M., Abadi, M., Alizadeh, A., Barhate, B., Garza, R. C., Gunasekara, N., … Majzun, Z. (2020). Leadership competencies and the essential role of human resource development in times of crisis: a response to Covid-19 pandemic. Human Resource Development International. https://doi.org/10.1080/13678868.2020.1780078
Fernández-Pérez de la Lastra, S., Martín-Alcázar, F., & Sánchez-Gardey, G. (2020). Ambidextrous intellectual capital in the haute cuisine sector. International Journal of Contemporary Hospitality Management. https://doi.org/10.1108/IJCHM-12-2018-1007
Hatamizadeh, N., Ahmadi, M., Vameghi, R., & Hosseini, M. A. (2020). Intellectual capital in rehabilitation organizations: Concept clarification. Journal of Health Research. https://doi.org/10.1108/JHR-04-2019-0077
Hotho, J., Minbaeva, D., Muratbekova-Touron, M., & Rabbiosi, L. (2020). Coping with Favoritism in Recruitment and Selection: A Communal Perspective. Journal of Business Ethics. https://doi.org/10.1007/s10551-018-4094-9
Huang, C. C., & Huang, S. M. (2020). External and internal capabilities and organizational performance: Does intellectual capital matter? Asia Pacific Management Review. https://doi.org/10.1016/j.apmrv.2019.12.001
Kareem, M. A., & Mijbas, H. A. (2019). Mediating Role of Dynamic Capabilities on the Relationship between Human Resource Development and Organizational Effectiveness. Organizacija. https://doi.org/10.2478/orga-2019-0012
Katunian, A. (2019). Sustainability as a new approach for the human resource development in tourism sector. Public Policy and Administration. https://doi.org/10.13165/VPA-19-18-4-03
Khalique, M., Hina, K., Ramayah, T., & Shaari, J. A. N. bin. (2020). Intellectual capital in tourism SMEs in Azad Jammu and Kashmir, Pakistan. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-11-2018-0206
Kianto, A., Ritala, P., Vanhala, M., & Hussinki, H. (2020). Reflections on the criteria for the sound measurement of intellectual capital: A knowledge-based perspective. Critical Perspectives on Accounting. https://doi.org/10.1016/j.cpa.2018.05.002
Li, Y., Song, Y., Wang, J., & Li, C. (2019). Intellectual capital, knowledge sharing, and innovation performance: Evidence from the Chinese Construction Industry. Sustainability (Switzerland). https://doi.org/10.3390/su11092713
Liu, C. H., & Jiang, J. F. (2020). Assessing the moderating roles of brand equity, intellectual capital and social capital in Chinese luxury hotels. Journal of Hospitality and Tourism Management. https://doi.org/10.1016/j.jhtm.2020.03.003
Lloyd-Jones, B. (2021). Developing Competencies for Emotional, Instrumental, and Informational Student Support During the COVID-19 Pandemic: A Human Relations/Human Resource Development Approach. Advances in Developing Human Resources. https://doi.org/10.1177/1523422320973287
Lo, C., Wang, C., & Chen, Y. C. (2020). The mediating role of intellectual capital in open innovation in the service industries. Sustainability (Switzerland). https://doi.org/10.3390/su12125220
Madiistriyatno, H. (2021). The Influence of Procurement and Development Strategy on HR Productivity and Satisfaction. Devotion?: Journal of Community Service. https://doi.org/10.36418/dev.v3i1.86
Malik, S. Y., Cao, Y., Mughal, Y. H., Kundi, G. M., Mughal, M. H., & Ramayah, T. (2020). Pathways towards sustainability in organizations: Empirical evidence on the role of green human resource management practices and green intellectual capital. Sustainability (Switzerland). https://doi.org/10.3390/SU12083228
Mira, M. S., Choong, Y. V., & Thim, C. K. (2019). The effect of HRM practices and employees’ job satisfaction on employee performance. Management Science Letters. https://doi.org/10.5267/j.msl.2019.3.011
Mitsakis, F. V. (2020). Human resource development (HRD) resilience: a new ‘success element’ of organizational resilience? Human Resource Development International. https://doi.org/10.1080/13678868.2019.1669385
Muna, F., Azam, S. M. F., & Albattat, A. (2020). Factors affecting recruitment and selection practice on performance of civil service organization in maldives. International Journal of Scientific and Technology Research.
Nguyen, A. H., & Doan, D. T. (2020). The impact of intellectual capital on firm value: Empirical evidence from Vietnam. International Journal of Financial Research. https://doi.org/10.5430/ijfr.v11n4p74
Nikolaou, I. (2021). What is the Role of Technology in Recruitment and Selection? Spanish Journal of Psychology. https://doi.org/10.1017/SJP.2021.6
Olarewaju, O. M., & Msomi, T. S. (2021). Intellectual capital and financial performance of South African development community’s general insurance companies. Heliyon. https://doi.org/10.1016/j.heliyon.2021.e06712
Paais, M., & Pattiruhu, J. R. (2020). Effect of Motivation, Leadership, and Organizational Culture on Satisfaction and Employee Performance. Journal of Asian Finance, Economics and Business. https://doi.org/10.13106/JAFEB.2020.VOL7.NO8.577
Ratna Pudyaningsih, A., Dwiharto, J., & Ghifary, M. T. (2020). The role of work satisfaction as a mediation leadership on employee performance. Management Science Letters. https://doi.org/10.5267/j.msl.2020.7.039
Rigby, C. S., & Ryan, R. M. (2018). Self-Determination Theory in Human Resource Development: New Directions and Practical Considerations. Advances in Developing Human Resources. https://doi.org/10.1177/1523422318756954
Sabuhari, R., Sudiro, A., Irawanto, D. W., & Rahayu, M. (2020). The effects of human resource flexibility, employee competency, organizational culture adaptation and job satisfaction on employee performance. Management Science Letters. https://doi.org/10.5267/j.msl.2020.1.001
Saengchai, S., Jermsittiparsert, K., & Joemsittiprasert, W. (2020). Human Resource Development and Success of Engineering Procurement Construction Project: What Role Engineering Education and Human Resource Competency can play? TEST; Engineering & Management .
Sholihah, B. (2021). Human Resource Procurement in Pesantren? Insight from Pesantren Sirojuth Tholibin. Nadwa: Jurnal Pendidikan Islam. https://doi.org/10.21580/nw.2020.14.2.6487
Soewarno, N., & Tjahjadi, B. (2020). Measures that matter: an empirical investigation of intellectual capital and financial performance of banking firms in Indonesia. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-09-2019-0225
Srikalimah, S., Wardana, L. W., Ambarwati, D., Sholihin, U., Shobirin, R. A., Fajariah, N., & Wibowo, A. (2020). Do Creativity and Intellectual Capital Matter for SMEs Sustainability? The Role of Competitive Advantage. Journal of Asian Finance, Economics and Business. https://doi.org/10.13106/JAFEB.2020.VOL7.NO12.397
Suseno, N. S., Hermina, T., Ramdhani, A., & Utari, L. (2019). The impact of intellectual capital on financial performance. International Journal of Recent Technology and Engineering. https://doi.org/10.30871/jama.v1i1.1239
Sutanto, E. M., & Kurniawan, M. (2016). The impact of recruitment, employee retention and labor relations to employee performance on batik industry in Solo city, Indonesia. International Journal of Business and Society, 17(2), 375–390.
Sutia, S., Riadi, R., & Fahlevi, M. (2020). The influence of supply chain performance and motivation on employee performance. International Journal of Supply Chain Management.
Suwarto, F. X., & Subyantoro, A. (2019). The Effect of Recruitment, Selection and Placement on Employee Performance. International Journal of Computer Networks and Communications Security.
Twalib, M. H., & Kariuki, M. M. (2016). Influence of Motivation on Employee Performance at Telkom Kenya Limited. International Journal of Business, Social Sciences & Education.
Udin, U. (2020). Renewable energy and human resource development: Challenges and opportunities in Indonesia. International Journal of Energy Economics and Policy. https://doi.org/10.32479/ijeep.8782
van Song, N., Hanh, P. T. M., Cuc, M. T., & Tiep, N. C. (2020). Factors affecting human resources development of SMEs: Evidence from the fourth Industrial revolution in Vietnam. Management Science Letters. https://doi.org/10.5267/j.msl.2020.4.040
Widiatmoko, J., Indarti, M. G. K., & Pamungkas, I. D. (2020). Corporate governance on intellectual capital disclosure and market capitalization. Cogent Business and Management. https://doi.org/10.1080/23311975.2020.1750332
Wolor, C. W., Kurnianti, D., Zahra, S. F., & Martono, S. (2020). The importance of work-life balance on employee performance millennial generation in Indonesia. Journal of Critical Reviews. https://doi.org/10.31838/jcr.07.09.203
Yudianto, I., Mulyani, S., Fahmi, M., & Winarningsih, S. (2021). The influence of good university governance and intellectual capital on university performance in Indonesia. Academic Journal of Interdisciplinary Studies. https://doi.org/10.36941/ajis-2021-0006
Yusliza, M. Y., Yong, J. Y., Tanveer, M. I., Ramayah, T., Noor Faezah, J., & Muhammad, Z. (2020). A structural model of the impact of green intellectual capital on sustainable performance. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2019.119334
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Published
2022-03-26
How to Cite
Bahtiar, B., Yudi Yulius, & Anoesyirwan Moeins. (2022). THE MODEL OF INTELLECTUAL CAPITAL AND PERFORMANCE. Dinasti International Journal of Management Science, 3(4), 637–646. https://doi.org/10.31933/dijms.v3i4.1132
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