ENHANCING THE COMPETITIVENESS OF INDONESIA'S HUMAN RESOURCES IN GLOBAL FREE TRADE: INTEGRATING PERFORMANCE MANAGEMENT AND SKILL DEVELOPMENT
Keywords:
Performance Management, Skill Development, Competitiveness, Global Free Trade, Objectivity, Critical Skills, Public-Private Partnerships, Indonesia.Abstract
In the pursuit of enhancing the competitiveness of Indonesia's human resources in the realm of global free trade, this research embarked on a comprehensive exploration of the integration of performance management and skill development. Through a mixed-methods approach, including surveys, interviews, literature review, and secondary data analysis, the study delved into the multifaceted dynamics of these strategies. The findings revealed a compelling interplay between performance management and skill development, highlighting the importance of aligning individual, team, and organizational goals with the broader economic agenda. While performance management exhibited strengths such as precise objective setting and effective reward systems, challenges concerning objectivity in performance appraisals were identified. Skill development emerged as a key focus, emphasizing the critical nature of digital literacy, foreign language proficiency, and cross-cultural communication skills in the global free trade landscape. The accessibility and availability of training programs were recognized as areas for improvement, along with the value of public-private partnerships in shaping skill development programs. This research contributes to Indonesia's competitiveness in global free trade by providing insights into integrating these strategies and emphasizing their alignment with national economic goals. Recommendations for policymakers and potential areas for future research and policy implementation are presented further to strengthen Indonesia's human resources on the global stage.
References
Al Aina, R., & Atan, T. (2020). The impact of implementing talent management practices on sustainable organizational performance. Sustainability, 12(20), 8372.
Al Fannah, J., Al Ismaili, S., Al Jahwari, F., Mohamed, O., & Al Awaidy, S. T. (2021). Improving the process of employee recognition: An exploratory study. Journal of Hospital Administration, 10(6).
Ates, A., Garengo, P., Cocca, P., & Bititci, U. (2013). The development of SME managerial practice for effective performance management. Journal of small business and enterprise development, 20(1), 28-54.
Bahureksa, W., Tfaily, M. M., Boiteau, R. M., Young, R. B., Logan, M. N., McKenna, A. M., & Borch, T. (2021). Soil organic matter characterization by Fourier transform ion cyclotron resonance mass spectrometry (FTICR MS): A critical review of sample preparation, analysis, and data interpretation. Environmental science & technology, 55(14), 9637-9656.
Baldwin, R. E. (2017). Multilateralism regionalism: spaghetti bowls as building blocs on the path to global free trade. In Global Trade (pp. 469-536). Routledge.
Breimaier, H. E., Heckemann, B., Halfens, R. J., & Lohrmann, C. (2015). The Consolidated Framework for Implementation Research (CFIR): a sound theoretical framework for guiding and evaluating a guideline implementation process in a hospital-based nursing practice. BMC Nursing, 14, 1-9.
Brown, T. C., O’Kane, P., Mazumdar, B., & McCracken, M. (2019). Performance management: A scoping review of the literature and an agenda for future research. Human Resource Development Review, 18(1), 47-82.
Carbonara, N., & Pellegrino, R. (2020). The role of public-private partnerships in fostering innovation. Construction management and economics, 38(2), 140-156.
Gumilang, H., Mukhopadhyay, K., & Thomassin, P. J. (2011). Economic and environmental impacts of trade liberalization: The case of Indonesia. Economic Modelling, 28(3), 1030-1041.
Gunarathne, N., Senaratne, S., & Herath, R. (2021). Addressing the expectation–performance gap of soft skills in management education: An integrated skill-development approach for accounting students. The International Journal of Management Education, 19(3), 100564.
Gunawan, J., Permatasari, P., & Tilt, C. (2020). Sustainable development goal disclosures: Do they support responsible consumption and production? Journal of Cleaner Production, 246, 118989.
Halcomb, E. J., & Hickman, L. (2015). Mixed methods research.
Helmold, M., & Samara, W. (2019). Progress in performance management. Springer International Publishing.
Huang, B. Y., Hicks, T. D., Haidar, G. M., Pounds, L. L., & Davies, M. G. (2017). An evaluation of the availability, accessibility, and quality of online content of vascular surgery training program websites for residency and fellowship applicants. Journal of Vascular Surgery, 66(6), 1892-1901.
King, K. A., & Vaiman, V. (2019). Enabling effective talent management through a macro-contingent approach: A framework for research and practice. BRQ Business Research Quarterly, 22(3), 194-206.
List, A. (2019). Defining digital literacy development: An examination of pre-service teachers’ beliefs. Computers & Education, 138, 146-158.
Lord, M. (2010). Indonesia’s trade access to the European Union: Opportunities and challenges.
Luo, W., & He, Y. (2021). Influence of sports applications on college students' exercise behaviors and habits: A thematic analysis. Alexandria Engineering Journal, 60(6), 5095-5104.
Maley, J. F., Dabic, M., & Moeller, M. (2021). Employee performance management: charting the field from 1998 to 2018. International Journal of Manpower, 42(1), 131-149.
Mohammadyari, S., & Singh, H. (2015). Understanding the effect of e-learning on individual performance: The role of digital literacy. Computers & Education, 82, 11-25.
Mone, E., London, M., & Mone, E. M. (2018). Employee engagement through effective performance management: A practical guide for managers. Routledge.
Murphy, K. R. (2020). Performance evaluation will not die, but it should. Human Resource Management Journal, 30(1), 13-31.
Noorazem, N. A., Md Sabri, S., & Mat Nazir, E. N. (2021). The effects of reward system on employee performance. Jurnal Intelek, 16(1), 40-51.
Permana, R., & Fitri, Z. (2020). Designing of Performance Management System for Auditor Certification Body Using Management by Objective and Behaviorally Anchor Rating Scale. Proceedings on Engineering Sciences. Pes Journal, 2(2), 179-186.
Rabbi, F., Ahad, N., Kousar, T., & Ali, T. (2015). Talent management as a source of competitive advantage. Journal of Asian Business Strategy, 5(9), 208.
Remington, T. F. (2018). Public–private partnerships in TVET: Adapting the dual system in the United States. Journal of Vocational Education & Training, 70(4), 497-523.
Ridhwan, M. M., Wicaksono, G., Nurliana, L., Bary, P., Suryani, F. T., & Satyanugroho, R. (2015). Analysis of competitiveness and national strategic industries in the era of the ASEAN economic community and free trade (No. WP/3/2015).
Sachs, J. D., & Sachs, L. E. (2021). Business alignment for the "Decade of Action." Journal of International Business Policy, 4, 22-27.
Saluja, A. (2023). Public–Private Partnerships in EdTech for Transforming Rural India: How Start-Ups Shape the Post-COVID Landscape. In INDIA’S TECHNOLOGY-LED DEVELOPMENT: Managing Transitions to a Digital Future (pp. 105-119).
Surya, B., Menne, F., Sabhan, H., Suriani, S., Abubakar, H., & Idris, M. (2021). Economic growth, increasing productivity of SMEs, and open innovation. Journal of Open Innovation: Technology, Market, and Complexity, 7(1), 20.
Tambare, P., Meshram, C., Lee, C. C., Ramteke, R. J., & Imoize, A. L. (2021). Performance measurement system and quality management in data-driven Industry 4.0: A review. Sensors, 22(1), 224.
Tenzer, H., Terjesen, S., & Harzing, A. W. (2017). Language in international business: A review and agenda for future research. Management International Review, 57(6), 815-854.
Trantopoulos, K., von Krogh, G., Wallin, M. W., & Woerter, M. (2017). External knowledge and information technology. MIS Quarterly, 41(1), 287-300.
Van Dooren, W., Bouckaert, G., & Halligan, J. (2015). Performance management in the public sector. Routledge.
Vanclay, F., Baines, J. T., & Taylor, C. N. (2013). Principles for ethical research involving humans: Ethical professional practice in impact assessment Part I. Impact assessment and project appraisal, 31(4), 243-253.
Villani, E., Greco, L., & Phillips, N. (2017). Understanding value creation in public‐private partnerships: A comparative case study. Journal of Management Studies, 54(6), 876-905.
Warrick, D. D. (2017). What leaders need to know about organizational culture. Business Horizons, 60(3), 395-404.
Wibowo, A. (2023, October). Global Economic Challenges for Indonesia: Equitable Development for Sustainable Prosperity. In Prosiding Seminar Teknologi, Akuntansi, Bisnis, Ekonomi, dan Komunitas (Vol. 3, pp. 23-40).
Downloads
Published
Issue
Section
License
Copyright (c) 2023 INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE © 2023 by Adisam Publisher is licensed under CC BY-SA 4.0
