Development of Managerial Competence Framework for State-Owned Companies in Era 4.0
Challenges in the development of information technology for business competition, encourage companies to make changes in increasing human resource capacity. This is done by the government in Indonesia which is responsible for adjusting managerial competencies in the companies it manages. An overview of applicable managerial competency standards and new policies by the government is a reference in identifying the design of the competency framework in this study. The purpose of this paper is to design a managerial competency framework for Indonesian state-owned companies in the face of era 4.0. This study used two studies, with mixed-methods techniques; questionnaire to post- graduate students in three colleges, interviews with the Human Resources Department and questionnaires to company managers from three sectors; banking, oil and gas and telecommunications. This finding was analyzed by considering a review of documentation and empirical literature from research that could provide a starting point for further research on competency managers in state- owned enterprises in Indonesia. This finding also identifies how the competency framework is used in building culture-fit indicators in the development of human resources. This study complements the new policy in the Indonesian government in formulating new manager competencies, and links strategic thinking with competency development in era 4.0, in identifying opportunities to improve the quality of human resources.