Meningkatkan Kinerja UKM Melalui Strategi Bisnis dan Manajemen Risiko Perusahaan
Abstract
UMKM memegang peran penting dalam perekonomian Indonesia, namun masih menghadapi tantangan dalam mengelola usaha di tengah dinamika pasar yang tidak stabil. Penelitian ini bertujuan menganalisis pengaruh business strategy terhadap UMKM serta menguji peran manajemen resiko perusahaan dalam memperkuat hubungan tersebut. Penelitian ini menggunakan pendekatan kuantitatif dengan pengumpulan data melalui kuesioner. Sampel penelitian terdiri dari 270 pelaku UMKM di Kota Batam yang dipilih menggunakan purposive sampling. Analisis data dilakukan dengan Partial Least Squares–Structural Equation Modeling (PLS-SEM). Hasil penelitian menunjukkan bahwa business strategy berpengaruh positif dan signifikan terhadap performa UMKM. Manajemen resiko perusahaan juga terbukti memperkuat hubungan antara strategi bisnis dan performa UMKM secara signifikan, mengindikasikan bahwa penerapan manajemen resiko perusahaan mampu meningkatkan efektivitas strategi bisnis dalam menghasilkan kinerja usaha. Nilai R-square sebesar 0,596 menunjukkan bahwa strategi bisnis dan manajemen resiko perusahaan mampu menjelaskan 59,6% variasi dalam performa UMKM. Secara teoritis, temuan ini memperluas pemahaman mengenai teori kemampuan dinamis dalam konteks UMKM. Secara praktis, penelitian ini merekomendasikan pengusaha dan pemangku kepentingan untuk mengintegrasikan strategi bisnis dan manajemen risiko guna meningkatkan kinerja usaha secara berkelanjutan.
References
Abeysekara, N., Wang, H., & Kuruppuarachchi, D. (2019). Effect of supply-chain resilience on firm performance and competitive advantage: A study of the Sri Lankan apparel industry. Business Process Management Journal, 25(7), 1673–1695. https://doi.org/10.1108/BPMJ-09-2018-0241
Aljonaid, N. A. A., Qin, F., & Zhang, Z. (2022). The Heterogeneous Impact of Sectoral Foreign Aid Inflows on Sectoral Growth: SUR Evidence from Selected Sub-Saharan African and MENA Countries. Journal of Risk and Financial Management, 15(3). https://doi.org/10.3390/jrfm15030107
Anita, & julyanna. (n.d.). KINERJA PERUSAHAAN DI ERA EKONOMI DIGITAL : PENGARUH IT GOVERNANCE, KARAKTERISTIK DEWAN, DAN INVESTASI MODAL. 5(3), 2021.
Anwar, M., Clauss, T., & Issah, W. B. (2022). Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition. Review of Managerial Science, 16(3), 769–796. https://doi.org/10.1007/s11846-021-00457-w
Bailey, C. (2022). The Relationship Between Chief Risk Officer Expertise, ERM Quality, and Firm Performance. Journal of Accounting, Auditing and Finance, 37(1), 205–228. https://doi.org/10.1177/0148558X19850424
Bieńkowska, A., & Tworek, K. (2021). The moderating role of it in process of shaping organizational performance by dynamic capabilities of controlling. Applied Sciences (Switzerland), 11(2), 1–16. https://doi.org/10.3390/app11020889
Callahan, C., & Soileau, J. (2017). Does Enterprise risk management enhance operating performance? Advances in Accounting, 37, 122–139. https://doi.org/10.1016/j.adiac.2017.01.001
Chandra, B., Siagian, Y. M., Santosa, W., & Jurnali, T. (2023). The Role of Enterprise Risk Management in enhancing Firm Performance: does Strategic Renewal really matters? International Journal of Science and Management Studies (IJSMS), 134–141. https://doi.org/10.51386/25815946/ijsms-v6i2p116
Chen, D. C., & Chen, T. W. (2021). Research on sustainable management strategies for the machine tool industry during the covid-19 pandemic in Taiwan. Sustainability (Switzerland), 13(23). https://doi.org/10.3390/su132313449
Chen, H., Yang, D., Zhang, J. H., & Zhou, H. (2020). Internal controls, risk management, and cash holdings. Journal of Corporate Finance, 64. https://doi.org/10.1016/j.jcorpfin.2020.101695
Chen, Y. L., Chuang, Y. W., Huang, H. G., & Shih, J. Y. (2020). The value of implementing enterprise risk management: Evidence from Taiwan’s financial industry. North American Journal of Economics and Finance, 54. https://doi.org/10.1016/j.najef.2019.02.004
Cho, S. Y., Lee, C., & Pfeiffer, R. J. (2013). Corporate social responsibility performance and information asymmetry. Journal of Accounting and Public Policy, 32(1), 71–83. https://doi.org/10.1016/j.jaccpubpol.2012.10.005
Dejardin, M., Raposo, M. L., Ferreira, J. J., Fernandes, C. I., Veiga, P. M., & Farinha, L. (2023). The impact of dynamic capabilities on SME performance during COVID-19. Review of Managerial Science, 17(5), 1703–1729. https://doi.org/10.1007/s11846-022-00569-x
Doman, A., & Sitorus, R. R. (2023a). Business Ethics and Erm Influence on SME Company Performance Moderated by Business Strategy. In International Journal Publishing INFLUENCE: International Journal of Science Review (Vol. 5, Issue 1). https://influence-journal.net/index.php/influence/index314
Doman, A., & Sitorus, R. R. (2023b). Business Ethics and Erm Influence on SME Company Performance Moderated by Business Strategy. In International Journal Publishing INFLUENCE: International Journal of Science Review (Vol. 5, Issue 1). https://influence-journal.net/index.php/influence/index314
Farida, I., & Setiawan, D. (2022a). Business Strategies and Competitive Advantage: The Role of Performance and Innovation. Journal of Open Innovation: Technology, Market, and Complexity, 8(3). https://doi.org/10.3390/joitmc8030163
Farida, I., & Setiawan, D. (2022b). Business Strategies and Competitive Advantage: The Role of Performance and Innovation. Journal of Open Innovation: Technology, Market, and Complexity, 8(3). https://doi.org/10.3390/joitmc8030163
Feng, L., Zhao, Z., Wang, J., & Zhang, K. (2022). The Impact of Knowledge Management Capabilities on Innovation Performance from Dynamic Capabilities Perspective: Moderating the Role of Environmental Dynamism. Sustainability (Switzerland), 14(8). https://doi.org/10.3390/su14084577
Fredrich, V., Gudergan, S., & Bouncken, R. B. (2022). Dynamic Capabilities, Internationalization and Growth of Small- and Medium-Sized Enterprises: The Roles of Research and Development Intensity and Collaborative Intensity. Management International Review, 62(4), 611–642. https://doi.org/10.1007/s11575-022-00480-3
Friesenbichler, K. S., & Reinstaller, A. (2021). Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms. https://www.wifo.ac.at
Haryati, R., University, E., & Yasri, Y. (2021). DEVELOPMENT OF SMALL, MICRO ENTERPRISES BASED (SMES) ON INNOVATION AND ENVIRONMENTAL SUSTAINABLE DEVELOPMENT IN WEST SUMATERA. In International Journal of Entrepreneurship (Vol. 25, Issue 4).
Helfat, C. E. (2022). Strategic organization, dynamic capabilities, and the external environment . Strategic Organization, 20(4), 734–742.
Hidayah, N. S., Pradesa, H. A., Taufik, N. I., Purba, C. O., & Agustina, I. (2025). Penerapan Enterprise Risk Management (ERM) Berdasarkan COSO-Framework Pada Perusahaan Manufaktur di Indonesia. Ekonomi, Keuangan, Investasi Dan Syariah (EKUITAS), 6(3). https://doi.org/10.47065/ekuitas.v6i3.6876
Hidayat, R. R., & Dwiasnati, S. (2022). Penerapan Manajemen Risiko Menggunakan COSO: Enterprise Risk Management Framework Integrated Pada PT ALPHANET. Universitas Mercu Buana Jl. Raya, 8(2), 11650.
Karina, R., Lestari, F., & Ivone, I. (2023). The Effect of Enterprise Risk Management on Financial Performance and Firm Value: The Role of Environmental, Social and Governance Performance. Global Financial Accounting Journal, 7(2), 213. https://doi.org/10.37253/gfa.v7i2.8706
Karrer, G., Bassler-Binder, G., & Willner, W. (2022). Assessment of Drought-Tolerant Provenances of Austria’s Indigenous Tree Species. Sustainability (Switzerland), 14(5). https://doi.org/10.3390/su14052861
Krüger, N. A., & Meyer, N. (2021). The Development of a Small and Medium-Sized Business Risk Management Intervention Tool. Journal of Risk and Financial Management, 14(7). https://doi.org/10.3390/jrfm14070310
Kusuma Sunyoto, H., & Cheryl Lay, F. (2024). Impacts of Strategic Orientation and Knowledge Management on Firms’ Performance of SMEs in Surabaya. Edisi Juni, 16(2). https://doi.org/10.33747
Latifah, L., Setiawan, D., Aryani, Y. A., & Rahmawati, R. (2021a). Business strategy – MSMEs’ performance relationship: innovation and accounting information system as mediators. Journal of Small Business and Enterprise Development, 28(1), 1–21. https://doi.org/10.1108/JSBED-04-2019-0116
Latifah, L., Setiawan, D., Aryani, Y. A., & Rahmawati, R. (2021b). Business strategy – MSMEs’ performance relationship: innovation and accounting information system as mediators. Journal of Small Business and Enterprise Development, 28(1), 1–21. https://doi.org/10.1108/JSBED-04-2019-0116
Latifah, L., Setiawan, D., Aryani, Y. A., & Rahmawati, R. (2021c). Business strategy – MSMEs’ performance relationship: innovation and accounting information system as mediators. Journal of Small Business and Enterprise Development, 28(1), 1–21. https://doi.org/10.1108/JSBED-04-2019-0116
Li, M., Cheng, S., & Lu, M. (2024). Impact of information technology capabilities on organizational resilience: the mediating role of social capital. Humanities and Social Sciences Communications, 11(1). https://doi.org/10.1057/s41599-024-03951-0
Nofirda, F. A., & Azhari, I. P. (2024). Entrepreneurial Orientation and SMEs Business Peformance: The Role of Technology and Competitive Intensity as Mediating. Jurnal Manajemen Teknologi, 24(1), 1–14. https://doi.org/10.12695/jmt.2025.24.1.1
Nugraha, S. S. (2021). Investigating SMEs Performance: Innovation, Leadership, or Investment Driven? EkBis: Jurnal Ekonomi Dan Bisnis, 5(1), 43–56. https://doi.org/10.14421/ekbis.2021.5.1.1257
Okech, O. E., & Aosa, E. (2025). Strategic Planning and Sustainable Organizational Performance. European Journal of Business and Strategic Management, 10(2), 33–55. https://doi.org/10.47604/ejbsm.3275
Putra Kharisma, P., Irawanto, D. W., & Rofiq, A. (2020). Entrepreneurial Orientation and Its Effect Toward SMEs Performance Through Strategic Flexibility on Fashion Industry in Malang (Vol. 11, Issue 2). https://journal.umy.ac.id/index.php/bti/index
Ricardianto, P., Lembang, A. T., Tatiana, Y., Ruminda, M., Kholdun, A. I., Kusuma, I. G. N. A. G. E. T., Sembiring, H. F. A., Sudewo, G. C., Suryani, D., & Endri, E. (2023). Enterprise risk management and business strategy on firm performance: The role of mediating competitive advantage. Uncertain Supply Chain Management, 11(1), 249–260. https://doi.org/10.5267/j.uscm.2022.10.002
Said, J., Islam, K. M. A., Bhuiyan, A. B., Islam, M. S., & Hasan, Z. (2024). Revisiting the impact of entrepreneurial orientation on SMEs’ organizational performance. Problems and Perspectives in Management, 22(2), 29–39. https://doi.org/10.21511/ppm.22(2).2024.03
Sari, A. L. (2024). STRATEGIC MANAGEMENT PRACTICES AND THEIR IMPACT ON ORGANIZATIONAL PERFORMANCE: A STUDY OF SMES IN EMERGING MARKETS. In KOMITMEN: Jurnal Ilmiah Manajemen (Vol. 5, Issue 2).
Syairozi, M. I., & Azizah, L. N. (2025). Enhancing SME Competitiveness Through the Implementation of Strategic Management Based on Local Business Innovation. Jurnal Ilmiah Manajemen Kesatuan, 13(5), 3627–3638. https://doi.org/10.37641/jimkes.v13i5.3781
Tewu, M. L. D., Bernarto, I., Suwarno, S., & Lisdiono, P. (2024). The Effect of Enterprise Risk Management and Compliance Practices on The Firm Performance of Indonesian Banking Companies. Indonesian Journal of Business and Entrepreneurship. https://doi.org/10.17358/ijbe.10.1.52
Türkeș, M. C., Stăncioiu, A. F., Băltescu, C. A., & Marinescu, R. C. (2021). Resilience innovations and the use of food order & delivery platforms by the romanian restaurants during the covid-19 pandemic. Journal of Theoretical and Applied Electronic Commerce Research, 16(7), 3218–3247. https://doi.org/10.3390/jtaer16070175
Wall, W. P. (2021). Determinants of smes’ performance-from business strategy to innovation. Polish Journal of Management Studies, 23(2), 537–554. https://doi.org/10.17512/pjms.2021.23.2.32
Copyright (c) 2026 JSMA (Jurnal Sains Manajemen dan Akuntansi)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Tanggunjawab Penulis
- Penulis menyajikan artikel penelitian atau hasil pemikiran secara jelas, jujur, dan tanpa plagiarisme.
- Penulis harus menunjukkan rujukan dari pendapat dan karya orang lain yang dikutip.
- Penulis bertanggungjawab atas konfirmasi yang diajukan atas artikel yang telah ditulis.
- Penulis harus menulis artikel secara etis, jujur, dan bertanggungjawab, sesuai dengan peraturan penulisan ilmiah yang berlaku.
- Penulis tidak keberatan jika artikel mengalami penyuntingan tanpa mengubah substansi
.png){kind=logo}
