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Managerial Capability Self Efficacy
Managerial Capability Self Efficacy
Abstract
This article combines two popular concepts: dynamic capabilities and self-
efficacy. Both are concerned with ability/capability and offer potentially valuable
synergies. As proposed, our concept sinthesized ‘what role(s) may owner-
manager perceived self-efficacy play as a micro-foundation of dynamic
capabilities in micro-enterprises.Our hypotheties are that perceived self-efficacy
can influence dynamic capability enactment in multifaceted ways and even
suggest that in some cases, perceived self-efficacy is a crucial component of
dynamic capabilities, without which there may be no such capability. These
insights help open up the black box of dynamic capabilities by contributing
important knowledge to the growing body of research into the micro-foundations
of such capabilities.
A. BACKGROUND
Small and medium enterprises (SMEs) have a very important role for the
Indonesian economy because employment is considered capable of reducing
unemployment and persistent nature d the storm crisis of 1998. Some of the
advantages possessed by the Small and Medium Enterprises (SMEs) than
large businesses (Partomo and Rachman, 2002), among others: novation in
technology that easily happen in product development, an association of
humanity that is familiar in a small company, f leksibilitas and ability to adapt
to changing market conditions quickly than with large companies which are
generally bureaucratic, there is dynamism managerial and entrepreneurial role.
Research conducted Dwiwinarno (2008 in Haryadi, 2010), there are
several factors inhibiting the development of SMEs, among others, lack of
capital and low managerial capacity. Jim and Sri (2006) from the Lembaga
Management Univercity of Indonesia states weaknesses of SMEs, are book
keeping system is not up to date. This made it difficult to assess the
performance of micro enterprises, operating margin is likely to thin given the
very tight competition and limited managerial experience
Theoretically dynamic managerial capabilities have made studies by
Penrose in 1959. Penrose defines the Vendorasi collection of resources and
capabilities. Penrose identified two special abilities that are important for the
growth of the company, namely the ability of entrepreneurial and managerial
skills. Run to the entrepreneurial ability coup qualities such as ambition and
imagination that helps the management of a company envisioned the
opportunity to set the underutilized resources into more productive use.
Dynamic managerial capabilities including the ability to plan and carry out the
reorganization of the company's resources, and control the activities of
existing companies efficiently.
Researchers have sought to draw a clear distinction between dynamic
capabilities and exceptional ability. Helfat (2011) found the usual dynamic
capabilities and the ability to have different goals and results. Ordinary
abilities allow the company to perform activities continually using more or
less the same technique on the same scale, supporting existing products and
services to the same customer population. Ability is "normal" in the sense of
maintaining the status quo (Helfat and Winter, 2011). Helfat (1997) defines
dynamic capabilities as the capacity of an organization to actively create the
resource base and do the next ex tension and modifications. organizational
processes that can change an existing position, resulting in a change
performance and competitive advantage, consisting of dynamic capability.
According to Zahra and George (2002), the ability to change the dynamic
basically oriented that the company helped move and reconfigure their
resource base to meet the growing demands of customers and competitor
strategies. AndWinter Zollo (2002) defines dynamic capabilities as a stable
pattern of learning and collective systematic activities through the
organization, generate and modify rut initas operation in pursuit of
effectiveness. Winter (2003) identifies the dynamic capabilities such as that
operated to extend, modify, or create unusual ability to be better
For SMEs, dynamic managerial capabilities are needed to face the rapid
environmental change. But also the ability to be accompanied by faith,
perseverance and hope that karakteriktik strategy of dynamic managerial
capabilities "persistent" and hardiness required to SMEs. That's why at this
research researchers will synthesize the two concepts are dynamic managerial
capabilities and self efficacy which researchers believe could be the solution
for SMEs in order to improve its performance. So this strategy could spread
throughout the members and employees into a dynamic strategy that has the
character of a "persistent" and are confident that the business will be able to
continue to grow big.
F. PROPOSITION
Furthermore proposition to be developed in this study are:
Proposition 1: There is a significant relationship between cognitive dynamic
managerial capability self efficacy and organizational performance in SMEs
Proposition 2: There is a significant relationship between human capital
dynamic managerial capability self-efficacy and organizational performance in
SMEs
Proposition 3: There is a significant relationship between social caital
dynamic managerial self-efficacy capability and organizational performance
in SMEs
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