MANAGEMENT OF VILLAGE-OWNED ENTERPRISES FOR SUSTAINABLE PERFORMANCE IMPROVEMENT IN THE PROVINCE OF BALI

Abstract Village Owned Enterprises are made into a social movement to drive the village people's economy. In the context of village-owned enterprises, human resource competence is very important to achieve business performance and sustainability. This construct refers to a source of competitive advantage in generating revenue with daily cash flow to recover input costs. To narrow the gap between the complexity and capability of managing a Village Owned Enterprise requires an ongoing process of applying knowledge, skills and resources. through the use of village funds in supporting the development of village economic enterprises, there are three important aspects of using village funds for the development of village-owned enterprises, namely capital, skills and entrepreneurship training and the development of production tools and facilities. Seeing this phenomenon, this study will examine the role of government in this case local government, human resource competence, technology application and community participation. This study used a quantitative method with a cross sectional design. This information measures the relationship between latent variables observed using a questionnaire and random sampling method. This study uses a set of standardized questionnaires. This study uses the Partial Least Square test. For the quantitative data analysis method using the Structural Equation Modeling analysis model, with the aim of realizing Village-Owned Enterprises as suppliers of village-owned products, growing trading businesses in villages, such as assets, sales and profits of Village-Owned Enterprises, creating markets for Micro, Small and Medium in the Province of Bali, certainty of optimal supervision such as controlling risk management and digitizing business, accelerating the economic independence of villages in Bali because it can become a source of Village Original Income, assisting the government in suppressing inflation by cutting the distribution chain and farmer corporations and can give birth to young entrepreneurs in every village in the Province of Bali