MEMBANGUN KEUNGULAN KOMPETITIF YANG BERKELANJUTAN DI INDUSTRI SEKURITAS MELALUI BLUE OCEAN STRATEGI TERHADAP MAYBANK SEKURITAS
DOI:
https://doi.org/10.36456/q6hk3a75Keywords:
Blue Ocean Strategy, Capital Market, Digital TransformationAbstract
Indonesian securities industry experiencing increasingly complex dynamics amid rapid digitalization and financial technology disruption. Growing investor expectations for faster, more efficient, and affordable services are compelling securities firms to innovate strategically. In this context, Maybank Sekuritas Indonesia faces the challenge not only competing within a saturated market but also creating new market space through the integration of the Blue Ocean Strategy. This study aims to analyze the application as means to build sustainable competitive advantage in the securities industry. The research focuses on digital service innovation, through the transformation of stock trading applications designed to provide financial education, intelligent analytics, and personalized user experiences. With qualitative case study method and a descriptive-analytical approach, data are collected through in-depth interviews, internal document analysis, and literature review related to innovation strategy and capital market management. The expected outcome of this study is a conceptual model of Blue Ocean Strategy integration relevant to Indonesia’s securities industry. This model is intended to serve as a framework for creating new value (value innovation), strengthening investor loyalty, and enhancing long-term corporate competitiveness. Academically, the findings contribute to the development of theories on strategic innovation and in the digital financial services sector.
References
DAFTAR PUSTAKA
Ahmad, N., & Oon, Y. B. (2025). Digital
transformation and competitive advantage
in financial services: A strategic
integration perspective. Journal of
Financial Innovation, 12(1), 44–59.
Amini, A., & Yusuf, M. (2023). Micro-
investing adoption in emerging markets.
Asian Journal of Economics.
Bain & Company. (2023). Southeast Asia
brokerage outlook. Bain & Company.
Belanche, D., Casaló, L. V., & Flavián,
C. (2019). Artificial intelligence in
FinTech: Understanding trust and
adoption in financial advisory services.
Computers in Human Behavior, 100,
514–526.
Blue Ocean Strategy Institute. (2020).
Reconstructing market boundaries:
Applying the ERRC grid in the digital
age. INSEAD Publishing.
Chiu, C., & Huang, H. (2021). Service
innovation in financial markets. Service
Industries Journal.
Deloitte. (2023). Digital blue ocean in
WealthTech. Deloitte Insights.
Firdaus, A., & Hakim, R. (2022). Digital
shift in securities firms. Journal of
Financial Innovation.
Gupta, S., Malhotra, N. K., Czinkota, M.,
& Foroudi, P. (2016). Marketing
innovation: A consequence of
competitiveness. Journal of Business
Research, 69(12), 5671–5681.
Gupta, S., & Sahu, R. (2022). Investor
behavior in the digital era. Journal of
Behavioral Finance.
Kim, W. C., & Mauborgne, R. (2015).
Blue ocean strategy: How to create
uncontested market space and make the
competition irrelevant (Expanded ed.).
Harvard Business Review Press.
Markides, C. (2020). Revisiting strategy
and innovation. Long Range Planning.
Otoritas Jasa Keuangan. (2024a).
Laporan tahunan pasar modal Indonesia
2024. Otoritas Jasa Keuangan.
Otoritas Jasa Keuangan. (2024b). Statistik
pasar modal Indonesia 2024. Otoritas
Jasa Keuangan.
Porter, M. E. (1985). Competitive
advantage: Creating and sustaining
superior performance. Free Press.
Priem, R. L., & Butler, J. E. (2020).
Resource-based view and competitive
advantage. Academy of Management
Review.
Roh, T., Lee, K., & Yang, S. (2023). How
digital innovation drives firm
competitiveness: The mediating role of
strategic agility. Technological
Forecasting and Social Change, 188,
122312.
Sugiyono. (2019). Metode penelitian
kualitatif, kuantitatif, dan R&D. Alfabeta.
Yin, R. K. (2018). Case study research
and applications: Design and methods
(6th ed.). Sage Publications.










