Strategy Map Design for Indonesian Ministry of Investment & Downstream Industry 2025-2029
##plugins.themes.bootstrap3.article.main##
Abstract
The formulation of the National Development Plan (RPJMN) for 2025–2029 and accompanying nomenclature changes marked the start of strategic transformation at the Ministry of Investment and Downstream Industry/Indonesia Investment Coordinating Board (BKPM). Efforts to expand downstreaming were pursued to support an 8% economic growth target over five years. However, surveys evaluating partnership implementation and business-actor feedback indicated that expectations for the partnership process had not been met, hindering MSME inclusion in downstream supply chains. This study aimed to design strategic alignment at BKPM using a strategy-map approach based on RPJMN 2025–2029. It adopted interviews, regulatory and RENSTRA analysis, performance reports, and internal government data. The findings revealed new downstreaming-related strategic objectives, for which indicators were formulated in line with investment and downstreaming theories and visualized in a causal strategy map. This coherence among indicators contributed to achieving strategic objectives and is expected to improve future policy implementation.
##plugins.themes.bootstrap3.article.details##
This work is licensed under a Creative Commons Attribution 4.0 International License.
An objective of the KBI is to promote the wide dissemination of the results of systematic scholarly inquiries into the broad field of business research. Permission is hereby granted to reproduce any of the contents of the journal for use in courses of instruction, as long as the source and “Kajian Bisnis Indonesia copyright” are indicated in any such reproductions. Written application must be made to the Managing Editor for permission to reproduce any of the contents of the journal for use in other than course of instruction—e.g., inclusion in books of readings or in any other publications intended for general distribution. In consideration for the grant of permission by the journal in such instances, the applicant must notify the author(s) in writing of the intended use to be made of each reproduction. Normally, the journal will not access a charge for the waiver of copyright. Except where otherwise noted in articles, the copyright of articles in the journal has been transferred to the KBI. Where the author(s) has (have) not transferred the copyright to the KBI, the applicant must seek a permission to reproduce (for all-purpose) directly from the author(s).
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.