• Title/Summary/Keyword: Bank of knowledge

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PMI Using Knowledge Management Viewed from Merger of Hanil Bank and Commercial Bank of Korea (지식경영을 활용한 기업인수 후 합병후 통합(PMI) : 한일은행과 상업은행의 합병 사례를 중심으로)

  • Jekarl, Jeong-Oung;Choi, Dosoung
    • Knowledge Management Research
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    • v.9 no.1
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    • pp.97-116
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    • 2008
  • The purpose of this study lies in examining how knowledge management was applied to PMI(Post Merger Integration) in bank merger. Individuals and organizations in Korea have experienced a lot of changes since the 1997 foreign exchange crisis. In such a situation, individuals came to think the only thing to rely on was personal knowledge. Since organizations had to lay off workers in order of their birth year, not based on whether or not individuals had the knowledge necessary for the organizations, they needed to have such a system that could use their explicit knowledge and even outside knowledge or customers' knowledge as IT developed by changing individuals' tacit knowledge into explicit knowledge as needed in order to continue to maintain their competitiveness and for their own development. Thus, each firm started to pitch for the introduction of knowledge management. Individuals started to store their own experience and knowledge in their homepages or blogs. It was Woori Bank, the merged bank of Hanil Bank and Commercial Bank of Korea, that introduced the knowledge management system and Shared Service Center, in which knowledge creation is available, for the first time in the banking business. Its previous name was Hanbit Bank. Hanbit Bank wanted to construct an advanced bank system, bringing in their chief information officer(CIO) from a foreign bank and introducing an IT software used in Spanish banks to adjust all banking processes to it. However, they could not help giving up the plan in the middle of the road since there was a great difference between Spain and Korea in the financial system and more than 30% of software package had to be changed. In this situation, PMI was delayed, and customer inconvenience continued, which made the integration of organizational cultures slow down. As a breakthrough in this situation, knowledge management was introduced. To integrate knowledge of two organizations in the process of PMI is an important job for all merger candidates. This study aims at presenting the successful results from using knowledge management as a means to PMI ahead of other financial institutions so they can apply them to their organizations. PMI was not achieved properly after the two banks had been merged as Hanbit, but entering the era of Woori Bank, workers were integrated under one standard organization following the organizational and knowledge integration, and knowledge management was introduced for an efficient sharing of knowledge among members. A great number of mergers have occurred up to now, but Woori Bank is the first case that used knowledge management as a means to both PMI and competitiveness enhancement. Probably it was an appropriate time when Woori Bank introduced knowledge management as it was organized. Since Hanil Bank and Commercial Bank of Korea had not introduced knowledge management until then, it could use knowledge management as a means to PMI. Using knowledge management, it could create a new organizational culture and increase competitiveness in the banking industry.

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Relation Research on Participation Valence and Learning Flow of Adult Learner in the Credit Bank System (성인학습자의 학점은행제 참여 유의가와 학습몰입 관계 연구)

  • SONG, Kyoung-Hwa;JUNG, Ju-Young;AHN, Young-Sik
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.5
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    • pp.1209-1219
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    • 2016
  • In knowledge based society, lifelong learning is increasing in order to meet educational needs of adult learners. Credit Bank system which is credited by individual experience, learning and qualifications are also emphasized for continuing learning participation. However, in spite of the importance of concern in the Credit Bank System, adult learners expectation and value are not high. The purpose of this study is to analyze participation valence and learning flow of adult learner in the Credit Bank System. The result of this study is summarized as follows: first, adult learners participated in the Credit Bank System to get new knowledge and skill based on internal and external motivation and requirement not involved with individual degree. Second, adult learners participating in the Credit Bank System are experiencing learning flow realizing that behavior of participation is compensated, adult learners are concentrating and feeling with satisfaction and pleasure to study. Third, participation in the Credit Bank System based on adult learner's own right learning requirement have been analyzed as it has a positive effect to the learning flow and have indicated that adult learners having high level of valence experience, recognition immersion, behavioral devotion, and egoistic immersion. Based on the conclusion, further studies are suggested.

Government-owned Bank Relationships and Firm Performance (정부소유 은행관계와 기업 경영성과)

  • Lee, Sang Wook
    • Knowledge Management Research
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    • v.14 no.1
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    • pp.57-72
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    • 2013
  • This paper examines the relationships between the Korean government-owned banks and the firm performance. We investigates this empirical analysis using a data set containing virtually all Korean publicly listed firms for the period of 2004-2006. We find the negative relationships between government-owned banks and firm performance. The strong relationships between the Korean government-owned banks and the Korean listed firms may lower firm performance. The Hold up costs may be present in the government-owned bank relationships. The government-owned bank relationships in the Korean listed firms may could shape the negative management decisions and firm performance. On the lines of concerns on the impact of government banks, this paper will provide new evidences on the impact of government-ownership of banks on the Korean Economy. Particularly, empirical analyses in this paper revealed new evidences on the recent firm-bank relationship or government banks researches.

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Requirements on a computer bank of knowledge Alexander S.Kleschev and Vasiliy A.Orlov

  • Kleschev, Alexander S.;Orlov, Vasiliy A.
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2001.01a
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    • pp.249-255
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    • 2001
  • Different kinds of information are used when solving tasks that arise in the life cycle of an applied knowledge based system (KBS). Many of these tasks are still under investigation. Their solving methods are often researched independently of each other due to complexity of the tasks. As a result, systems that realize these methods turn out to be incompatible and therefore could not be used together in the lifecycle of a KBS. The following problem arises here: how to support the full life cycle of a KBS. This paper introduces a class of computer knowledge banks that are intended to support the full life cycle of KBSs. Primary tasks that arise in the full life cycle of a KBS are analyzed. The architecture of a knowledge bank of the introduced class is presented, including an Information Content, a Shell of the Information Content and a Software Content. General requirements on these components are formulated on the basis of the analysis. These requirements depend on the current state of understanding in the life cycle of KBSs.

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The Analysis on Management Consulting Effect of a Bank on Client firms: Empirical Case Study Focused on Ante-Post Bank Consulting Effect Comparison (은행 경영컨설팅의 효과에 관한 실증연구 -A은행 사례를 이용한 컨설팅 전후 효과 비교 중심-)

  • Yang, Yong-Hyeon;You, Yen-Yoo
    • Journal of Digital Convergence
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    • v.12 no.11
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    • pp.215-223
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    • 2014
  • To provide evidence of bank's management consulting effect on client firms' performance and contribution to the bank, this study adopts Matching Sample Design and OLS regression using financial and consulting data from A Bank, which allowed us for empirically testing bank's management consulting effect on client firms. Specifically, We examine difference between ante-post performance of consulting client firms and difference between performance of consulting client firms and the other client firms. Empirical results show that management consulting by a Bank can increase interdependency, while It does not cause significant improvement of growth, activity, and profitability. This result provides further understanding of effect of management consulting by a bank on consulting client firms and some implication which banks should consider for management consulting.

A Study on Development of GenBank-based Prototype System for Linking Heterogeneous Content (GenBank를 활용한 이종의 콘텐트 연계 프로토타입 시스템 개발 연구)

  • Ahn, Bu-Young;Shin, Young-Ju;Kim, Dea-Hwan
    • Journal of Information Management
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    • v.40 no.4
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    • pp.109-133
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    • 2009
  • Among biological information, GenBank, provided by the National Center for Biotechnology Information (NCBI)of the United States, is a representative database on genetic information and is the most widely used by researchers around the world. Korea Institute of Science and Technology Information (KISTI) visits NCBI on a regular basis and downloads the latest version of GenBank to reorganize the information gathered there into a database. This database is provided for Korean researchers of science and technology through the Bio-KRISTAL search engine, developed by KISTI. This study aims to design a service model that links information on papers, patents, and biodiversity and other contents of NDSL, an integrated service on scientific and technological information run by KISTI, with GenBank's reference and organism fields and to develop a prototype system. For this purpose, this paper explores the possibility of a linkage and convergence service between heterogeneous content by: (a) collecting GenBank data from NCBI's FTP site; (b) dividing GenBank text files into basic and reference genetic information and restructuring them into a database; (c) extracting article and patent information from the GenBank reference fields to generate new tables; and (d) leveraging data mapping technology to implement a prototype system where GenBank and NDSL data are interlinked and provided.

Compact E-Cash with Practical and Complete Tracing

  • Lian, Bin;Chen, Gongliang;Cui, Jialin;He, Dake
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.13 no.7
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    • pp.3733-3755
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    • 2019
  • E-cash has its merits comparing with other payment modes. However, there are two problems, which are how to achieve practical/complete tracing and how to achieve it in compact E-cash. First, the bank and the TTP (i.e., trusted third party) have different duties and powers in the reality. Therefore, double-spending tracing is bank's task, while unconditional tracing is TTP's task. In addition, it is desirable to provide lost-coin tracing before they are spent by anyone else. Second, compact E-cash is an efficient scheme, but tracing the coins from double-spender without TTP results in poor efficiency. To solve the problems, we present a compact E-cash scheme. For this purpose, we design an embedded structure of knowledge proof based on a new pseudorandom function and improve the computation complexity from O(k) to O(1). Double-spending tracing needs leaking dishonest users' secret knowledge, but preserving the anonymity of honest users needs zero-knowledge property, and our special knowledge proof achieves it with complete proofs. Moreover, the design is also useful for other applications, where both keeping zero-knowledge and leaking information are necessary.

Numerical Analysis of Turbulent Flow and Heat Transfer Normal to a Staggered Tube Bank (교차된 관군에 수직한 난류유동 및 난류열전달의 수치해석)

  • 이건휘;이병곤;최영돈
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.15 no.1
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    • pp.218-228
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    • 1991
  • Since heat exchangers are composed of bank of tubes, the knowledge on the flow and heat transfer characteristics of the tube bank are required for the optimum design and selection of heat exchangers. In this paper, the turbulent flow fields and heat transfers normal to a staggered tube bank are solved numerically employing K-.epsilon. 2 equation turbulence model and non-orthogonal coordinate transformation for the treatment of curved surface of tubes. Predicted mean Nusselt numbers of tube bank agree reasonably well with Grimision's correlation

A Study of Actual Proof on Knowledge Information Sharing and Cognition Level : A Case of Korea Financial Agency (지식정보공유 인식수준 실증연구 : 한국금융기관을 중심으로)

  • 장우권
    • Journal of Korean Library and Information Science Society
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    • v.34 no.3
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    • pp.231-257
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    • 2003
  • To creation of the competitive power have an effect on the competitive mind, the practical experience, know-how based knowledge share, and an organizing culture. Here gets accomplished a cognition and the way of thinking conversion about the importance of knowledge information management. This study aims to grope a role of bank and an improved plan to what one of knowledge information management in the bank. The research and analysis consist of knowledge information share and the influence on knowledge information management and a variety of cognition level in the case of Korea.

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The Effect of Customer Relationship Management and Learning Capability on Organizational Innovation in Banks (은행의 고객관계관리와 학습능력이 조직혁신성에 미치는 영향)

  • Kwon, Jae-Hyun;Choi, Youngjun
    • Knowledge Management Research
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    • v.17 no.3
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    • pp.227-248
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    • 2016
  • Customer satisfaction dominates research on customer-firm performance relationships; however, with a few exceptions, the authors of most prior studies did not examine the possibility that an organizations' customer relationship management can increase its knowledge management. Building on previous literature of information processing theory and transaction cost perspective, this paper investigates the effect of various characteristics of customer relationship an organization cultivates on its own innovativeness. Specifically, we identify closeness, communication, sympathy as three critical components of managing customer relationship. Data from a multi-informant survey conducted to 442 organizations in Korean bank industry show that an organization's relationship with its customers has significant effects on its innovativeness. This study highlights the importance of customer relationship in terms of enhancing innovations, and helps to explain interactive effects among customer relationship, organizational learning, and innovativeness.