PERAN STRATEGI SUMBERDAYA MANUSIA
TERHADAP KINERJA PASAR PERUSAHAAN PERBANKAN
DI INDONESIA
ABSTRACT
This research utilized the fit-strategic approach of the organizational-fit theory to
examine the role of strategy and Human Resource Management practices in enhancing
the organizational performance. The objectives is to explain the effect of moderating and
effect of matching of the strategy and HRM practices with organizational strateg on the
market performance of banking industry. The quantitative data is acquired from the
annual report of 23 listed bank in Indoesian Stock Exchange on the period of 1999 – 2006
(Balance panel data). The quantitative analysis result then combined with qualitative
data acquired from the case study approach. The result shows that the HRM strategy has
role to strengthened the influenced of organizational strategy on the market performance
of banking industry. HRM strategy will improve the bank’s market performance. The
HRM strategy will be able to enhance the bank’s market performance if it has lower gap
or matching with organizational strategy. The HRM practices implement as bundles
(internal employement systems) has more significant impact on the market performance
compare to partial HRM practice. This further evidenced that internal fit determine the
external fit or the the working of moderating effect and matching effect from HRM strategy.
The different combination of types of organizational strategy with types of HRM strategy
to be implemented is also could result in the differences in market performance. However,
the ability to optimized the contribution of HRM strategy to the performance is also
influenced by senior management capabilities pressumed as the inheritance of core value
of organization.
Keywords: HRM strategy, Organizational strategy, fit strategy, moderating
fit, matching fit, internal fit, external fit, and market performance
