DOI QR코드

DOI QR Code

Impact of Competency of Consulting Company on Business Performance: Focus on Franchise Companies

  • 투고 : 2019.12.26
  • 심사 : 2020.06.05
  • 발행 : 2020.06.10

초록

Purpose - The purpose of this study was to structurally verify how the competency of consulting company affects the business performance of consulting client firms through consulting achievement and consulting utilization. It aims to provide information for successful consulting and suggest strategic measures to improve consulting performance. Research design, data, and methodology - This study examines the structural relationship between competency of consulting company, consulting performance, and performance of consulting client firms. In this model, competency of consulting company consists of three sub-dimensions such as reputation, ability to perform business, and expertise. For these purposes, research model and hypotheses were developed. This survey was conduct ed for employees of companies that have experienced consulting in the past year. A total of 195 were used for this study. The data were analyzed using frequency analysis, confirmatory factor analysis, correlation analysis, and SEM with SPSS 18.0 and Amos 18.0 statistical program. Result - The results of this study are as follows. First, reputation, ability to perform business and expertise, which are sub-dimensions of consulting competence, was found to have positive effect on consulting achievements and also found to have a positive effect on utilization. Second, consulting performance was found to have positive effects on business performance of consulting client firms. It means that the management's willingness to utilize consulting results and the achievements of consulting performance have a positive effect on the company's management performance. Conclusions - Consulting firms need to perform customer-oriented consulting by accurately recognizing what management consulting is required by the client firms. The academic significance of this study was that the research was conducted through structural empirical analysis, not only from the relationship of competency of consulting company to consulting performance, but also to the relationship of business performance of client firms. In addition, the practical implication of this study is that clients can actively utilize the results of consulting to lead business performance.

키워드

참고문헌

  1. Albors-Garrogps. K. Ramos. J.C. & Mas-Machuca. M. (2010). Actional intelligence. A critical competence for innovation performance. A research multi-case analysis. International Journal Technology and Planning., 6(3). ), 210-225.
  2. Bae, Y. S. & Young, J. A. (2013). A study on the competency of consultants influencing management consulting performance: moderating effect of consulting firm and firm characteristics. Korean Journal of Service Management, 14(3), 25-40.
  3. Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., & Tatham, R. L. (2006). Multivariate data. New York: Macmillan College Pub.
  4. Han, S. H. & Bae, G. C., & Lee, J. H. (2011) The effect of franchisor's pre-open support services on franchisee's relationship quality and performance in foodservice franchise system, Journal of Franchise Management, 2, 152-172.
  5. Jang, Y. S. (2011). A study on the quality and customer satisfaction of SME consulting services. Quality Management Research. 39(1). 24-33.
  6. Jang, Y. & Lee, J. (1998). Factors influencing the success of management consulting projects. International of Project Management., 16(2),. 67-72. https://doi.org/10.1016/S0263-7863(97)00005-7
  7. Jang, D. I. & Lee, K. H. & Song, S, H. (2011). A study on the effect of consultant's competency on consulting service quality and customer satisfaction: Focusing on the moderating effect of support. Customer Satisfaction Management Research, 13(3), 39-64.
  8. Jo, Y. D. (2005). Business consulting service. Seoul: Namdu books.
  9. Klemp, G. O. (1980). The assessment of occupational competence. Washington, DC: National Institute of Education.
  10. Kim, J. K. & Seok, C. (2012). The impact of management consulting service quality on corporate performance and consultant change. Tax Accounting Research, 32, 133-159.
  11. Kim, M. & Jang, S. (2015). A study on the moderating effect of transformational leadership in the relationship between management consultant capabilities and management performance. Management Consulting Research, 15(1), 195-210.
  12. Kolb. D. A. & Frohman, A. L. (1970). An development approach to consulting". Sloan Management Review. Fall. 51-56.
  13. Kwak, H. J. (2008). A study on building a success model to improve consulting performance in the Korean consulting market: focusing on the SME management consulting market. Professional Management Research, 11(1), 1-23.
  14. Lee, B. J., Jang, S. H. & Lee, J. H. (2011). A study on the moderating effect of PM competency on the influence of consultant competency on consulting performance. Digital Convergence Research, 9(6), 255-266.
  15. Lee, J. E., Seo, C. S., & Kim, S. C. (2010). A study on consultant competency models: focusing on competency comparison of large and small business consultants using AHP technique. Journal of the Korean Operations Research Society, 253-274.
  16. Lee, Y. W., Hwang, S. J., & Lee, C. S. (2012). Analysis of the relationship between consultant competency and management consulting completion and control factors. Industrial Economic Research, 25(1), 315-337.
  17. Park, C. R., Hwang, S, J., & Lee, C. S. (2011). The mediating effect of the relationship between management consulting and corporate performance and consulting utilization. Industrial Economic Research, 24 (6), 3371-3388.
  18. Parry, S. B. (1996). Just Wwhat iIs a cCompetency?(And wWhy sShould yYou cCare?). Training, 35(6), 58-60.
  19. Phillips Jack. (2006). How to build a successful consulting practice?. NY: McGraw-Hill.
  20. Sarvary. M. (1999). Knowledge management and competition in the consulting industry. California Management Review, . 41(2), 95-107. https://doi.org/10.2307/41165988
  21. Shapiro, E. C., Eccles, R. G., & Soske, T. L. (1993). Consulting: has the solution become part of the problem?. MIT Sloan Management Review, 34(4), 89-95.
  22. Shin, D. J. & Y, W. (2012). Impact of consultant capabilities on consulting service quality and consulting performance. Digital Convergence Research, 10(4), 63-78.
  23. Simon, A & Kumar, V. (2001). Clients views on capabilities which lead to management consulting success. Management Design,. 39(5), 362-372.
  24. Walker James. (2004). Consulting outcomes research project. ND Small Business Development Center. University of North Dakota. p.6.
  25. Williams, A. P. & Woodward, S. (1994). Consultancy roles. In the competitive consultant. London: Palgrave Macmillan.
  26. Zeira, Y. & Avedisian, J. (1989). Organizational planned change: Assessing the chances for success. Organizational Dynamics, 17(4), 31-45. https://doi.org/10.1016/S0090-2616(89)80025-7