Observing Digital Leadership Model through Interpretative Phenomenological Analysis a la Regulator during Pandemic Era

Authors

  • Ridhony Marisson Hasudungan Hutasoit Department of Technological Management, University of Multimedia Nusantara, Tangerang, Banten, Indonesia
  • Florentina Kurniasari Department of Technological Management, University of Multimedia Nusantara, Tangerang, Banten, Indonesia
  • Ringkar Situmorang Department of Technological Management, University of Multimedia Nusantara, Tangerang, Banten, Indonesia

DOI:

https://doi.org/10.55324/ijoms.v2i2.284

Keywords:

pandemic, leaders, digital, regulators

Abstract

he COVID-19 pandemic has had a significant impact on changing people's behavior. The pandemic has become one of the accelerators for the acceleration of human civilization to internalize technology in various dynamics of human life. One of the sectors affected by this pandemic is the financial services sector, which includes the banking sector, capital markets, and the non-bank financial industry. This dynamic needs to be responded by the Financial Services Authority (OJK) as the regulator, supervisor, and enforcer and consumer protection service in the financial services sector in accordance with Law Number 21 of 2011 concerning the Financial Services Authority. The role of OJK representatives in the regions became significant as an extension of the head office. The role of digital leaders is needed in achieving task force performance through digital transformation. The phenomenological approach is an option in this research as a medium to explore research problems. Researchers use Interpretative Phenomenological Analysis (IPA) as a data analysis technique in tracing the meaning of the phenomenon that occurs. Based on the results of research conducted by the OJK of Southeast Sulawesi Province, seven qualities of the digital leader model in the success of digital transformation consisted of digital literacy, vision, stakeholder concern, agility, risk taking, collaboration, and compliance with regulations/policies.

References

DeLuca, C., Bolden, B., & Chan, J. (2017). Systemic professional learning through collaborative inquiry: Examining teachers’ perspectives. Teaching and Teacher Education, 67. https://doi.org/10.1016/j.tate.2017.05.014

Embree, L. E., Behnke, E. A., Carr, D., Evans, J. C., Huertas-Jourda, J., Kockelmans, J. J., McKenna, W. R., Mickunas, A., Mohanty, J. N., & Seebohm, T. M. (1997). Encyclopedia of phenomenology. Springer.

Fernández-Prados, J. S., Lozano-Díaz, A., & Ainz-Galende, A. (2021). Measuring digital citizenship: A comparative analysis. In Informatics (Vol. 8, Issue 1). https://doi.org/10.3390/informatics8010018

Fu, X., Fu, X. (Maggie), Ghauri, P., & Hou, J. (2022). International collaboration and innovation: Evidence from a leading Chinese multinational enterprise. Journal of World Business, 57(4). https://doi.org/10.1016/j.jwb.2022.101329

Han, Q., Zheng, B., Cristea, M., Agostini, M., Bélanger, J. J., Gützkow, B., Kreienkamp, J., Leander, N. P., & Collaboration, P. (2021). Trust in government regarding COVID-19 and its associations with preventive health behaviour and prosocial behaviour during the pandemic: a cross-sectional and longitudinal study. Psychological Medicine, 1–11.

Kurniasari, F., Gunardi, A., Putri, F. P., & Firmansyah, A. (2021). The role of financial technology to increase financial inclusion in Indonesia. International Journal of Data and Network Science, 5(3). https://doi.org/10.5267/j.ijdns.2021.5.004

Liguori, E., & Winkler, C. (2020). From offline to online: Challenges and opportunities for entrepreneurship education following the COVID-19 pandemic. In Entrepreneurship Education and Pedagogy (Vol. 3, Issue 4). https://doi.org/10.1177/2515127420916738

Peraturan Otoritas Jasa Keuangan (POJK) Nomor POJK Nomor 14/POJK.05/2020 tentang Peraturan Otoritas Jasa Keuangan tentang Kebijakan Countercyclical Dampak Penyebaran Corona Virus Disease 2019 bagi Lembaga Jasa Keuangan Nonbank yang telah diubah/diperpanjang melalui POJK Nomor 58/POJK.05/2020 tentang Perubahan atas Peraturan Otoritas Jasa Keuangan Nomor 14/POJK.05/2020 tentang Kebijakan Countercyclical Dampak Penyebaran Corona Virus Disease 2019 bagi Lembaga Jasa Keuangan Non-Bank, (2020) (testimony of Otoritas Jasa Keuangan).

Peraturan Otoritas Jasa Keuangan (POJK) Nomor 11/POJK.03/2020 tentang Stimulus Perekonomian Nasional Sebagai Kebijakan Countercyclical Dampak Penyebaran Corona Virus Disease 2019 yang telah diubah/diperpanjang melalui POJK Nomor 48/POJK.03/2020 Tahun 2020 tentang Perubahan atas Peraturan Otoritas Jasa Keuangan Nomor 11/POJK.03/2020 tentang Stimulus Perekonomian Nasional Sebagai Kebijakan Countercyclical Dampak Penyebaran Corona Virus Disease 2019, (2020) (testimony of Otoritas Jasa Keuangan (OJK)).

Otoritas Jasa Keuangan Provinsi Sulawesi Tenggara. (2021). Bincang jasa keuangan (BIJAK) bulan Mei dan Juni 2021.

Promsri, C. (2019). Developing model of digital leadership for a successful digital transformation. Business Management - GPH International Journal, 2(8).

Rajapathirana, R. P. J., & Hui, Y. (2018). Relationship between innovation capability, innovation type, and firm performance. Journal of Innovation and Knowledge, 3(1). https://doi.org/10.1016/j.jik.2017.06.002

Skulmowski, A., & Rey, G. D. (2020). COVID-19 as an accelerator for digitalization at a German university: Establishing hybrid campuses in times of crisis. Human Behavior and Emerging Technologies, 2(3). https://doi.org/10.1002/hbe2.201

Smith, J. A., Flowers, P., & Larkin, M. (2009). Interpretative phenomenological analysis-theory, method, and research. Sage Publications.

Tindall, L. (2009). J.A. Smith, P. Flower and M. Larkin (2009), Interpretative phenomenological analysis: Theory, Method and Research. Qualitative Research in Psychology, 6(4), 346–347. https://doi.org/10.1080/14780880903340091

Uslaner, E. M. (2018). The Oxford handbook of social and political trust. Oxford University Press.

WHO. (2022). Advice for the public: Coronavirus disease (COVID-19). World Health Organization.

Zmerli, S., & van der Meer, T. W. G. (2017). Handbook on political trust. Edward Elgar Publishing.

Downloads

Published

2022-11-23