Strategy Map Design for Indonesian Ministry of Investment & Downstream Industry 2025-2029
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.
Authors
- M Akhsanur Rofi
- Mohammad Ilham Triananda
Institutions
- Ministry of Research, Technology and Higher Education (ID)
Publication Details
- Journal
- Indonesian Business Review
- Published
- 2025-04-24
- DOI
- https://doi.org/10.21632/ibr.8.1.27-42
- Primary Topic
- SMEs Development and Digital Marketing
- Type
- article
- Field-Weighted Citation Impact
- 0.00