Strategy for Building Sustainable Performance of EPC Contractor Companies in Indonesia

Abstract

This research is motivated by the problems faced by national EPC contractor companies, such as small market share, weak capital and cash flow, low human resource capacity, and limited networking, resulting in low competitiveness. This study aims to evaluate the sustainable performance of national EPC contractor companies in Indonesia. This research approach is qualitative. The research location is in Jakarta in relation to the location of the national EPC company head offices which have their head offices in Jakarta. The research time is one time, namely 2023. The research model uses the sustainable balanced scorecard (SBSC) model, and benchmark analysis uses the competitive professional index (CPM) with the key success factor (KSF). The results of the study show that based on measurements using the SBSC, the sustainable performance of national EPC companies is still in the poor category. Likewise, the results of CPM and KSF analysis show that the performance of national EPC contractor companies is still far behind that of foreign EPC contractors from newly industrialized countries.