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.

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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
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article

Strategy Map Design for Indonesian Ministry of Investment & Downstream Industry 2025-2029

M Akhsanur Rofi, Mohammad Ilham Triananda
Indonesian Business Review
SMEs Development and Digital Marketing
article

Strategy Map Design for Indonesian Ministry of Investment & Downstream Industry 2025-2029

M Akhsanur Rofi, Mohammad Ilham Triananda
article en

Abstract

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.

Indonesian Business ReviewVol. 8(1)
Ministry of Research, Technology and Higher Education (ID)
Openalex Percentile: Top 85%
SMEs Development and Digital Marketing
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