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http://dx.doi.org/10.14248/JKOSSE.2019.15.2.079

A Study on the Development of Profit Model for Sustainability of Consulting Research Institutes  

Kim, Young Jin (Graduate School of Consulting, Kumoh National Institute of Technology)
Cha, Woo Chang (Dept. of Industrial Eng., Kumoh National Institute of Technology)
Publication Information
Journal of the Korean Society of Systems Engineering / v.15, no.2, 2019 , pp. 79-86 More about this Journal
Abstract
Among the government-sponsored projects supported by Ministry of SMEs and Startups(MSS), the financial support of the Consulting Research Institutes of our university is scheduled to be ended this year. In this regard, this study is to develop a profit model for R&D center of Consulting Research Institute that can cultivate the financial independence of R&D center of Consulting Research Institutes and foster technology convergence consulting manpower to strengthen the competitiveness of SMEs in preparation for the Fourth Industrial Revolution. The profit model were derived from the current status of consulting industry and similar organizations, the current status of consulting graduate R&D centers, case studies of other universities, and focus group interviews. In order to select three high profit models and commercialize them, BMC (Biz Model Canvas) was used and business feasibility was examined. Therefore, three profit model of R&D center of Consulting Research Institute are: First, SCB (SME's Consulting Business: Total Solution Provider for SMEs through Technology Convergence Consulting), Second, SNB (SME's Network Business: Experts connection in Consulting Graduate School for Solving Problems and Problems of SMEs / Industry Consolidation) And third, SM (Sustainable Management: Financial independence through structural improvement of Consulting Research Institute), and the road-map was established. As an implementation plan, the company intends to seek financial independence by developing a profit model for R&D center of Consulting Research Institutes and by establishing business goals and strategies, manpower operation plan, organization, and investment plan for three years.
Keywords
Sustainable System; Technology Convergence Consulting; Network Business; SME (Small to Medium size Enterprise); SCB (SME's Consulting Business); SNB (SME's Network Business); SM (Sustainable Management);
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