Furtasan Ali Yusuf & Basrowi
The purpose of this study was to analyse the effect of value creation on organizational performance, the effect of adaptive capacity on organizational performance, the effect of value creation on the transformation of higher education, the effect of adaptive capacity on the transformation of higher education, the effect of higher education performance on the transformation of higher education, the indirect effect of value creation. on the transformation of higher education through higher education performance, and the indirect effect of adaptive capacity on the transformation of higher education through higher education performance. The method used is a quantitative method, with a structural equation modelling (SEM) approach. Primary data was obtained through a survey to a sample of 168 private university lecturers in the city of Serang. Data were analysed by Smart PLS 3.3. The results of the analysis show that the seven hypotheses analysed are all significant, there is a direct effect of value creation on organizational performance, there is a direct effect of adaptive capacity on organizational performance, there is an effect of value creation on the transformation of higher education both directly and through higher education performance, there is an influence of adaptive capacity on transformation of tertiary institutions both directly and through the performance of universities and, there is a direct influence of the performance of universities on the transformation of universities. The novelty of this research is the discovery of the effective role of the intervening variable of higher education performance in mediating the effect of value creation and adaptive capacity on the transformation of private universities in Banten.