DINAMIKA KEPEMIMPINAN DALAM TIM MANAJEMEN PUNCAK: IMPLIKASI TERHADAP PENGAMBILAN KEPUTUSAN STRATEGIS PADA BANK-BANK DI INDONESIA
Main Article Content
Nadia Ismi Avissa
Amirul Mustofa
Eddy Yunus
This study aims to analyze the leadership dynamics within Top Management Teams (TMT) and their influence on strategic decision-making in Indonesian banks. The research adopts a qualitative descriptive approach, collecting data through document analysis and indirect interviews. The results indicate that diversity within TMT, in terms of educational background, experience, and gender, positively influences the quality and innovation of strategic decisions. This diversity allows TMT to develop decisions that are more adaptive to external changes, such as technological advancements and regulatory changes. However, challenges arise in the decision-making process, particularly regarding difficulties in reaching consensus among TMT members. The power dynamics within TMT, whether centralized or distributed, also play an important role in strategic decision-making. These findings provide important insights for Indonesian banks to strengthen internal collaboration and diversity to create more innovative and adaptive strategic decisions in the future.
Akewushola, R. O., Elegunde, A. F., & Saka, R. O. (2018). Effects of top management team diversity on organizational performance in the banking industry. Global Journal of Applied, Management and Social Sciences, 15, 92-106. https://doi.org/10.1108/GJAMSS-2018-0021
Akinsola, O. A., & Olugbenga, A. T. (2019). The effects of leadership and diversity on organizational performance in Nigerian banks. African Journal of Business Management, 13(6), 122-130. https://doi.org/10.5897/AJBM2019.8762
Awino, Z. (2013). Diversity management strategies and quality decisions in the banking sector. American Journal of Business and Management, 2(2), 125-129. https://doi.org/10.11634/232907811302228
Bantel, K. A. (1993). Strategic clarity in banking: Role of top management-team demography. Psychological Reports, 73, 1187-1201. https://doi.org/10.2466/pr0.1993.73.3.1187
Barros, C. P., & Alves, M. F. (2020). Top management team characteristics and firm performance: Evidence from Portuguese banks. International Journal of Finance & Economics, 25(4), 635-646. https://doi.org/10.1002/ijfe.1830
Bradley, S., & Klein, R. (2021). The role of leadership in strategic decision-making: An exploration of top management team dynamics in the retail banking sector. Journal of Strategic Management, 12(2), 199-216. https://doi.org/10.1108/JSMS-03-2020-0023
Brown, A. D., & Starkey, K. (2020). The importance of organizational culture in strategic decision-making. Journal of Management Studies, 57(3), 712-730. https://doi.org/10.1111/joms.12534
Camelo-Ordaz, C., & García-Castro, R. (2020). Strategic decision-making and leadership in the banking industry: The role of top management team collaboration. Leadership & Organization Development Journal, 41(5), 535-552. https://doi.org/10.1108/LODJ-09-2019-0380
Chen, G., & Tjosvold, D. (2021). Leadership styles and strategic decision-making in top management teams: The mediating role of trust and cooperation. Journal of Business Research, 135, 523-531. https://doi.org/10.1016/j.jbusres.2021.07.020
Finkelstein, S., & Hambrick, D. C. (1996). Strategic leadership: Top executives and their effects on organizations. West Publishing Company.
Hitt, M. A., & Ireland, R. D. (2017). The management of strategy: Concepts and cases. Cengage Learning.
Hunt, J. G., & Dodge, G. E. (2000). Leadership in organizations: A multi-level perspective. The Leadership Quarterly, 11(4), 573-595. https://doi.org/10.1016/S1048-9843(00)00042-4
Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206. https://doi.org/10.5465/amr.1984.4277628
Janssen, O., & Van Yperen, N. W. (2018). The influence of top management team characteristics on strategic decision making. Academy of Management Perspectives, 32(4), 518-531. https://doi.org/10.5465/amp.2017.0047
Katz, D., & Kahn, R. L. (1978). The social psychology of organizations. John Wiley & Sons.
Kimbrough, S. O., & Stevens, M. J. (2021). Gender diversity and strategic decision-making: A meta-analytic review. Strategic Management Journal, 42(9), 1742-1763. https://doi.org/10.1002/smj.3260
Mintzberg, H. (1994). The rise and fall of strategic planning. Prentice Hall.
Liu, F., Jarrett, M., & Maitlis, S. (2021). Top management team constellations and their implications for strategic decision making. Leadership Quarterly, 101510. https://doi.org/10.1016/J.LEAQUA.2021.101510
Michie, S., Dooley, R. S., & Fryxell, G. (2006). Unified diversity in top‐level teams: Enhancing collaboration and quality in strategic decision‐making. International Journal of Organizational Analysis, 14(2), 130-149. https://doi.org/10.1108/19348830610662990
Mutuku, C., Awino, Z., & K'obonyo, P. O. (2013). Top management team diversity, quality of decisions, and performance of commercial banks in Kenya. International Journal of Business and Management, 8(4), 61-72. https://doi.org/10.5539/ijbm.v8n4p61
Post, C., De Smet, H., Uitdewilligen, S., Schreurs, B., & Leysen, J. (2022). Participative or directive leadership behaviors for decision-making in crisis management teams? Small Group Research, 53, 692-724. https://doi.org/10.1177/10464964221087952
Thys, K., Vandekerkhof, P., Steijvers, T., & Corten, M. (2023). Top management team and board of directors as the strategic leadership system: The effect of behavioral integration on strategic decision-making quality. European Management Journal. https://doi.org/10.1016/j.emj.2023.04.010
Wiersema, M. F., & Hernsberger, J. S. (2021). Top Management Teams. In Strategic Management. https://doi.org/10.1093/oso/9780190090883.003.0020
Yunita, I., Syam, H., Ulmadevi, U., Zahratul Jannah, N., & Asri, R. W. (2023). The role of leadership in decision making and team building. GIC Proceeding. https://doi.org/10.30983/gic.v1i1.128
Zhang, J., & Li, Z. (2022). Leadership dynamics and the role of top management teams in the digital transformation of banks. Journal of Business Research, 140, 324-337. https://doi.org/10.1016/j.jbusres.2021.09.029
