Tag Archive for: Soes

Competition between state-owned enterprises (SOEs) and private mining companies are getting bigger and stronger, but state-owned holding companies such as MIND ID have decreased performance due to several factors such as business focus and small business scale. This should be supported by the optimization of resources and the transformation of the competence of each employee to encourage the entrepreneurial spirit. This study was conducted to examine the corporate entrepreneurship culture in three state owned mining companies (PT. ABC, PT. DEF, and PT. GHI) and compared with private mining companies (PT. XYZ, PT. OPS, and PT. RTU). This study uses two methods, Entrepreneurial Orientation Survey (EOS) and Entrepreneurial Leadership Questionnaire (ELQ). EOS is used to measure corporate entrepreneurship culture and ELQ to see entrepreneurial characteristics in expected leadership and actual conditions of its implementation. EOS results show that the corporate entrepreneurship culture of mining SOEs has advantages in Cross-Functionality and Support to New Ideas while private mining companies have significantly higher Speed and Focus dimensions than mining SOEs. The ELQ results show that mining SOEs have the type of leadership in entrepreneurship (Miner type) and the leadership type of private mining companies in Explorer has a higher score than mining SOEs. Mining SOEs are advised to increase the dimensions of corporate entrepreneurship, one of which is by providing scholarships for employees taking magister program and creating a competition program that supports future innovation also the companies should provide training on corporate entrepreneurship.