Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)

Andalas University has a business incubator unit called the Technology Business Incubator (InBisTek) Andalas University. This study aims to formulate Key Performance Indicators and measure the performance of Inbistek Andalas University in assisting tenants. Performance measurement is carried ou...

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Main Authors: Prima Fithri, Alizar Hasan, Fandy Triawan, Ikhwan Arief, Asmuliardi Muluk
Format: Article
Language:English
Published: The Management Institute, Faculty of Economics, Universitas Andalas 2024-01-01
Series:AMAR (Andalas Management Review)
Subjects:
Online Access:http://amareview.fekon.unand.ac.id/index.php/amar/article/view/151
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author Prima Fithri
Alizar Hasan
Fandy Triawan
Ikhwan Arief
Asmuliardi Muluk
author_facet Prima Fithri
Alizar Hasan
Fandy Triawan
Ikhwan Arief
Asmuliardi Muluk
author_sort Prima Fithri
collection DOAJ
description Andalas University has a business incubator unit called the Technology Business Incubator (InBisTek) Andalas University. This study aims to formulate Key Performance Indicators and measure the performance of Inbistek Andalas University in assisting tenants. Performance measurement is carried out using the Balanced Scorecard method which consists of: on four perspectives namely internal business process perspective, growth and learning perspective, financial perspective, and tenants perspective. Performance measurement is carried out using data obtained from direct observation, questionnaires, and interview directly with the Andalas University Inbistek. KPI formulation is followed by a validation step,so that 31 selected KPIs were obtained. Furthermore, the selected KPIs are continued with weighting to determine the level interest in each KPI through a pairwise comparison questionnaire with the Analytical Hierarchy Process method. Then the performance measurement is carried out according to the perspective on the Balanced Scorecard. Obtained results of performance measurement Andalas University Institute of Technology as a whole is 3.4 which is included in the good category. Based on the results performance measurement, there are 5 KPIs with poor performance category, 5 KPIs with fairly good performance category, 12 KPIs withgood performance category, and 9 KPIs with very good performance category. 
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publisher The Management Institute, Faculty of Economics, Universitas Andalas
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spelling doaj-art-00a2a043c2e24713addc39b668392c792025-08-20T02:07:17ZengThe Management Institute, Faculty of Economics, Universitas AndalasAMAR (Andalas Management Review)2476-92822548-155X2024-01-017210.25077/amar.7.2.1-17.2023Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)Prima Fithri0Alizar Hasan1Fandy Triawan2Ikhwan Arief3Asmuliardi Muluk4Universitas AndalasUniversitas AndalasRegional Research and Development Agency of West SumateraUniversitas AndalasUniversitas Andalas Andalas University has a business incubator unit called the Technology Business Incubator (InBisTek) Andalas University. This study aims to formulate Key Performance Indicators and measure the performance of Inbistek Andalas University in assisting tenants. Performance measurement is carried out using the Balanced Scorecard method which consists of: on four perspectives namely internal business process perspective, growth and learning perspective, financial perspective, and tenants perspective. Performance measurement is carried out using data obtained from direct observation, questionnaires, and interview directly with the Andalas University Inbistek. KPI formulation is followed by a validation step,so that 31 selected KPIs were obtained. Furthermore, the selected KPIs are continued with weighting to determine the level interest in each KPI through a pairwise comparison questionnaire with the Analytical Hierarchy Process method. Then the performance measurement is carried out according to the perspective on the Balanced Scorecard. Obtained results of performance measurement Andalas University Institute of Technology as a whole is 3.4 which is included in the good category. Based on the results performance measurement, there are 5 KPIs with poor performance category, 5 KPIs with fairly good performance category, 12 KPIs withgood performance category, and 9 KPIs with very good performance category.  http://amareview.fekon.unand.ac.id/index.php/amar/article/view/151Balanced ScorecardBusiness IncubatorKey Performance IndicatorPerformance Measurement
spellingShingle Prima Fithri
Alizar Hasan
Fandy Triawan
Ikhwan Arief
Asmuliardi Muluk
Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
AMAR (Andalas Management Review)
Balanced Scorecard
Business Incubator
Key Performance Indicator
Performance Measurement
title Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
title_full Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
title_fullStr Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
title_full_unstemmed Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
title_short Implementation of The Balanced Scorecard In Improving The Performance of University Business Incubator (Case Study : Inkubator Bisnis Teknologi Universitas Andalas)
title_sort implementation of the balanced scorecard in improving the performance of university business incubator case study inkubator bisnis teknologi universitas andalas
topic Balanced Scorecard
Business Incubator
Key Performance Indicator
Performance Measurement
url http://amareview.fekon.unand.ac.id/index.php/amar/article/view/151
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