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Analysis of the Sustainability Maturity Level of the Indonesian Banknotes Printing Company

Author

Listed:
  • Saiful Bahri

    (IPB Business School, Pajajaran Street, Bogor 16151 Indonesia)

  • Syamsul Maarif

    (IPB Business School, IPB University, Jln Pajajaran, Bogor 16151 Indonesia)

  • Arif Imam Suroso

    (IPB Business School, Pajajaran Street, Bogor 16151 Indonesia)

  • Nur Hasanah

    (IPB Business School, Pajajaran Street, Bogor 16151 Indonesia)

Abstract

Companies' tough environmental business changes determine their future sustainability. One pretension is that the company simultaneously keeps business growth, social impacts, and environmental friendliness. Therefore, this study aimed to analyze the sustainability maturity of the Indonesian Banknotes Printing General Company (Perum Peruri) amid changes in the business environment. The sustainability level was measured with the beginning, elementary, satisfying, and sophisticated maturity models. Data were obtained through questionnaires from 44 respondents comprising the company’s internal staff. Moreover, 18 criteria were determined based on literature and discussions with experts. The sustainability maturity level shows the company's readiness to face business environment changes. The four sustainability maturity models showed that ten criteria are sophisticated, six are satisfying, and two are elementary. This indicates that Perum Peruri needs readiness and toughness in facing business environment changes. This study contributes to perpetrator business in banknotes printing industry about the sustainability maturity of companies facing business environment changes.

Suggested Citation

  • Saiful Bahri & Syamsul Maarif & Arif Imam Suroso & Nur Hasanah, 2022. "Analysis of the Sustainability Maturity Level of the Indonesian Banknotes Printing Company," Journal of Business and Management Studies, Al-Kindi Center for Research and Development, vol. 4(3), pages 179-185, June.
    • Handle: RePEc:alk:jbms00:v:4:y:2022:i:3:id:3939
    DOI: 10.32996/jbms.2022.4.3.17
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