Sandiaga Uno Officially Obtained Doctor of Research in Management Degree from UPH & Invited People to Oversee the Transformation of BUMN.

Dr. H. Sandiaga Salahuddin Uno, B.B.A., M.B.A. officially obtained Doctor of Research in Management (DRM) degree from Universitas Pelita Harapan (UPH) with cumlaude predicate on Saturday, October 3, 2020. In his presentation, Sandi emphasized that BUMN (State-Owned Enterprises) that is currently being transformed should be overseen by all parties. Through his research and public defense, He hoped that it could encourage all parties to work together to oversee the performance of BUMN. This public defense was conducted online and attended by Dr. (Hon) Jonathan L. Parapak, M. Eng. Sc, UPH Rector and Chair of the Thesis Defense, accompanied by Prof. Dr. Hendrawan Supratikno, the promoter, Gracia Shinta S. Ugut, M. B. A., Ph. D., Dr. Innocentius Bernarto, and Dr. dr. Ferdi Antonio as Co-Promoter.

“This research aims to test the basic theory of BUMN Minister, Erick Thohir, that in the BUMN transformation process, a leader who is morally good, loyal, and cooperative is needed. It is also based on seeing the central role of BUMN as stronghold and driving factor of Indonesia’s economy, such as providing jobs, ensuring public services, and providing basic needs for the community. The research results show that Entrepreneurial Values ?(EV) ?are very important in forming the Entrepreneurial Orientation (EO), namely, innovation, proactivity, and the courage to take risks. This will increase willingness to collaborate and enforce sustainable development in line with the needs of this nation, and, of course, has positive impact on the company’s financial condition. Thus, EV and EO are important aspects in the transformation of BUMN,” said Sandi.

In his dissertation entitled “The Effect of Entrepreneurial Values ??(EV) and Entrepreneurial Orientation (EO) on the Financial Performance and Their Impacts on Future Intention: An Empirical Evidence from Indonesia State – Owned Enterprise”, Sandi took 81 BUMN holding companies as samples to test the role of EV on EO based on Schwartz’s theory. EV consists of self-direction, achievement, benevolence, universalism, and security, while EO consists of three aspects: innovation based on self-direction and achievement; risks supported by universalism and security; and proactivity driven by the value of caring for each other.

“If I have to choose, the priority must be achievements, or the motivation to achieve goal and solve problem, and also self-direction by which the leader is able to determine the future of himself and the company. For the entrepreneurial orientation, the focus must be innovation and proactivity,” said Sandi.

Overseeing the transformation of BUMN, according to Sandi, requires the active role of all parties, from government to the community. For the community, it is necessary to actively utilize social media for monitoring and evaluating BUMN performance. For the industries, there must be a synergy by doing collaboration with acceleration through digitization and synchronization. For the academics or university, it can actively conduct research to increase materials to be discussed and influence the decision-making process.

“Apart from doing research, university is also the place to cultivate young people who have good EV and EO as leaders by providing business incubation program, co-op (co-operative education), and internship. These can be a place for developing ideas, gaining market and capital access, doing research, as well as a place to apply knowledge by making a startup company,” Sandi stated.

Graduating from UPH’s DRM is the beginning for Sandi to expand his contribution, both professionally & academically. “Studying at UPH is such a bright opportunity, a learning experience from the best of the best, with the best of the best. For me, this is a blessing by which I can contribute to the society,” said Sandi.

UPH Doctor of Research in Management program is committed to provide a comprehensive and affordable doctoral program to produce graduates who are ready to contribute to the advancement of the nation. Supported by competent lecturers and professional practitioners, learning and scientific methods relevant to existing trends, and extensive networking. Please call 0812-8250-9332 (UPH Executive Education Center program) and join UPH doctoral program!