Browse > Article
http://dx.doi.org/10.5394/KINPR.2010.34.7.595

A Diagnosis of Strategy Execution Ability and Corresponding Measures for Korean Oceanic Shipping Companies  

Ahn, Ki-Myung (Division of Shipping Management, Professor of Korea Maritime University)
Kim, Myung-Jae (Division of Maritime Transportation System, Mokpo Maritime University)
Abstract
This paper aims to diagnose the strategy execution ability and to provide corresponding measures for Korean oceanic shipping companies. The analysis method is the t-test between importance awareness and Corresponding ability for strategy execution diagnosis index(XPP). According to the diagnosed results, the strategy development is unsatisfactory because the strategy implemented does not adhere to concurrent environmental change. Moreover, the execution of the strategy is also unsatisfactory. Therefore, an evaluation shows that there is a need for a SWOT analysis using BSC, an organization structure to strengthen the strategy execution ability and the support from the market condition analysis prediction center.
Keywords
Shipping Environment Factor; Balanced Score Card; Strategy Execution; Strategy Development; Strategy and Organization Alignment; Operation Plan; Monitoring and Learning; Testing and Adjusting; Key Performance Index; SWOP Analysis; T-Test; Kendall's Ranking Test;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Lee, J. k. and 2 others(2004), “Research on the appropriateness of national strategy on North-east Asian distribution hub in a financial perspective”, Journal of Korean navigation and port research, volume 28 edition 3, pp.169-175.   과학기술학회마을   DOI   ScienceOn
2 Min, K. K.(2005), “Research on the relationship of distribution strategy of Korean manufacturing companies in the BSC perspective and distribution performance”, Kwangwoon University, doctoral dissertation.
3 Park, S. G.(2005), “Strategy task when using BSC and the effect of strategy task and the appropriateness of key performance on management performance”, Handong Global University, doctoral dissertation.
4 Sohn, H. C.(2003), “Research on building a knowledge competitiveness enhancement strategy of Korean ocean-going shipping companies according to the shipping management environment”, Korea Maritime University, doctoral dissertation.
5 Wesleyquest(2009), “Strategy Execution Premium”, Book21, translation.
6 Jang, D. C.(2006), “Global competitiveness building strategy of the Korean shipping industry, Shipping and Logistics Research”, The Korean Association of Shipping and Logistics, edition 48, pp.145-152.
7 Jeong, K. J.(2003), "Research on evaluation on hotel management performance using BSC", Dong-A University, doctoral dissertation.
8 Kaplan, R. S. and Norton, D. P.(1992), “The Balanced Scorecard -Translating Strategy into Action”, Harvard Business School Press, Boston, 1996, pp. 21-29.
9 Kaplan, R. S. and Norton, D. P.(2001), "Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part II", Accounting Horizons, Vol. 15. No. 2. pp. 147-151.   DOI   ScienceOn
10 Kaplan, R. S. and Norton, D. P.(2008), “Execution Premium”, Harvard Business School Press, Boston.
11 Kim, D. S.(2004), “Research on the environmental factors affecting the design of BSC”, Chung-ang University, doctoral dissertation.