• Title/Summary/Keyword: Consulting environment

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The Financial Impact Generated by Shifts in Value Strategic Emphasis (가치전략 중점의 변화가 재무성과에 미치는 영향)

  • Hong, Kichul;Park, Kwangho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.26-39
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    • 2016
  • Korea's main manufacturing industries, which have led its economy for the past three decades, are faced with a serious downturn and loss of competitive advantages due to the current economic depression, China's rise, and the drop of oil prices. Korean business firms must adopt the paradigm shift in their value strategies, along with a government-led industrial restructuring in order to gain sustainable competitive advantages. Business firms allocate their limited resources between value creation and value appropriation, however, what effect does strategic emphasis on value creation versus value appropriation have on a business firm's financial performance? This paper empirically addresses this issue by examining the effect of shifts in strategic emphasis on stock return. Furthermore, this study examines appropriate choices of strategic emphasis to gain differential financial performance. The data set used in this regression analysis comes from the KISLINE database of NICE Information Service. The variables that form the basis of this analysis are stock return, ROA, and Strategic Emphasis [(advertising expenditures-R&D expenditures)/assets]. The interactive effect with situational factors regarding the firm and the type of technological environment in which the firm is operating was also analyzed. Our results show that investors acknowledge a shift of strategic emphasis as a sign of stock valuation. In comparison to US, Korean business firms have weak value creation capabilities in high-technology industries, and weak value appropriation capabilities in low-technology industries. This proves Korean firms are fast followers in the global market. Our findings suggest that Korean firms have to adopt a balanced value strategy, nurturing value creation and developing value appropriation for overcoming the current economic downturn and becoming a first mover in the dawn of "Industry 4.0."

A Study on Evaluation of Purpose, Program and Satisfaction for Participating Company for Industry-University Technology Cooperation (산학 기술 협력 참여기업의 참여목적, 참여프로그램, 만족도 평가)

  • Lee, Sang Cheon;Bae, Sung Moon;Park, Jong Hun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.40-48
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    • 2016
  • The engineering knowledge and technology is core driving forces of continuous growth in knowledge based society. Companies, the government, and universities are the subjects of an innovation and the cooperation between them is very important. Nowadays, the main purpose of industry-university cooperation moves to train experts and develop a new product. A shift of the paradigm came from the change of recognition that the final consumers of the program are companies and the universities are supporters of the program. In this paper, we investigate the purpose, participation and satisfaction of companies to industry-academy technology cooperation through empirical studies. The need to expert training, product development and process development makes companies participate industry-academy technology cooperation and companies have different purpose of participation by the business type. Companies often feel that expert training, subsidiary purpose of industry-academy technology cooperation, is more important than product development or process development. This result is caused by the real world environment of small and mid-size companies, lacking of technology experts. The participation of companies to each technology cooperation program (technology transfer, joint technology development, consigned technology development, technology consulting, co-op. lab.) is also different by business type. The companies' satisfaction with the purpose of process development is relatively higher than that with the purpose of product development and companies show also different satisfaction value by business type and participating program. The results of this study can give a contribution to the design of demand oriented industry-academy technology cooperation model.

Study on Optimized Manual Development and Optimum Lighting System within Luminance-based Tunnel (휘도기반 터널내 운전자 적정조명시스템 개발 연구)

  • Lee, Mi-Ae;Kim, Yeon-Hwa;Han, Seung-Hun;Kim, Ji-Heon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.29 no.4
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    • pp.18-29
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    • 2015
  • The purposes of this research and development are as follows: first, to provide pleasant driving environments inside tunnels; second, to improve the current illumination environments lacking in diffusion luminance meters to meet tunnel lighting standards; and, third, to reduce the consumption of tunnel lighting energy accounting for approximately 65% of tunnel maintenance costs because of inadequate visual environments and tunnel operations. Further details are listed below. Firstly, an image luminance meter for tunnels that can implement the L20-method which is a tunnel luminance method that follows the international standards of CIE88, which was developed in order to improve and change the existing illumination-based tunnel lighting operation system to a luminance-based system. (The margin of error of below 5% according to the results of a test by an authorized agency and field test). Secondly, early illumination control is possible since the lighting control system that can be operated based on luminance enables interlocking control of the inside and outside of a tunnel using ethernet communication. Thirdly, guidelines for field application of the system are proposed. In addition, the luminance inducers of tunnels are found and the reflexibility of each facility that may reduce luminance of the boundaries is also proposed. Fourthly, as a result of a test bed, power consumption of luminance-based lighting operations decreased by 15.6% compared to illumination-based operations. Applying the feedback controls and maintenance factors of internal/external luminance meters, it reduced by 36.4%. Therefore, we became able to provide a luminance-based lighting operation system that complies with tunnel lighting design standards and provides a visual environment for drivers.

The Comparative Analysis of the Joint Labor-Management Consultation (노사협의제 성격의 국제비교)

  • Baek, Gwang-Gi
    • Korean Business Review
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    • v.12
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    • pp.189-207
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    • 1999
  • The recent keen global competition makes cooperative Labor-Management relations as one of the minimum requirements for the business firms in order to survive. Accordingly, this study focused upon the comparative analysis of the traits of some major countries' Labor-Management Joint Consultations for the purpose of explaining the core characteristics of them. The way how to develop and enhance the Labor-Management Joint Consultation in Korea was also suggested. As a result, this study shows that the social background of, the authority of, and the relationship with collective bargaining of the the Labor-Management Joint Consultation differed in great extent among the countries, and that these differences caused the various consultation patterns in each country. For example, the Labor-Management Joint Consultation was introduced and used voluntarily in the U.S.A. and Japan, while it was enforced by law in Korea, Germany, and France. Also, co-determination has been popular in Germany, France, and The U.S.A., but only the advising and consulting have been dominant in Korea and Japan. However, the rapid change of business environment and the increase in employees' need will make the co-determination as a desirable pattern even in Korea.

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A Study on the Performance Activities of the TQM Implementation in Shipping Industry (해운기업의 TQM활동과 실행성과에 관한 연구)

  • Kim, Dong-Hoon;Shin, Han-Won;Ko, Soo-Bok
    • Journal of Global Scholars of Marketing Science
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    • v.9
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    • pp.129-151
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    • 2002
  • Today, shipping companies have shown the positive volition to the finding of chanced market through the development of new route with the new recognition and enhancement of competitiveness on the quality management in order to cope with the sharply-changing environment of shipping industry. Accordingly, this study is an empirical study which attempts the general and situational approach in order to clarify what TQM source, Activities and performance affect the enterprises and how it is different upon the step of quality management activities in the object of the incidental business related to the oceangoing and costal transportation, and marine and the groups related to the marines, subdividing the area of offering the shipping service.

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A Study on the MIS curriculum directions and courses based on the MIS identity and IS core competency (MIS 정체성과 IS 핵심 역량 관점의 MIS 교육과정 방향 및 내용에 관한 연구)

  • Chang, Yun-Hee
    • Journal of Digital Convergence
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    • v.10 no.1
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    • pp.253-270
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    • 2012
  • In a rapidly changing IT and business management environment the demand for competent IS personnels is increasing. However, it is ironic that the number of IT and IS majors has sharply decreased as well as the widespread skepticism of IS identity. This research suggests directions to differentiate MIS to other IT majors, diversify IS core competency and make general improvements in MIS curriculum. The research recommend the courses of IS Strategy and policy, ITA/EA, Global IT Management, Emerging Technologies, DW/DM, BI, IT Service Science, Project Management, IT Consulting and integrated capstone which are few in Kore universities. This research also stress the course of soft skills like business communication, team building, analytic/logical thinking, rational problem solving and so on as a important IS competency. The pedagogy of course is important, so the research recommend the internship, mentoring programme, lecturers in industry according to industrial - educational cooperation.

Evaluation of the Effectiveness of Color Consulting Services to Improve the School Environment, Seoul Report Results (서울시 학교환경개선 컬러컨설팅 효과성 평가 용역 결과보고)

  • Kim, Sun-Hyun;Kim, Yongh-Hyeon
    • Journal of the Korean Institute of Educational Facilities
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    • v.24 no.2
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    • pp.18-24
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    • 2017
  • 본 연구는 청소년 스트레스 호르몬 변화를 보기위한 연구로 컬러 컨설팅 환경개선에 따른 스트레스 호르몬 변화를 연구하였다. 청소년 스트레스 연구들에 따르면, 아동이나 청소년도 성인만큼 스트레스를 경험하고 있고 청소년들의 스트레스는 정서적 부적응과 신체적 건강에도 영향을 미친다. 스트레스가 지속되면 부신피질에서 스테로이드 호르몬인 코티솔도 분비하는 근거를 통해 환경변화로 생긴 코티솔 분비를 측정하였다. 코티솔 분비를 통한 스트레스 반응 정도 측정은 침해성을 최소화하기 위한 간편한 방법인 타액검사로 실시하였으며 비 침습적인 방법으로 특별한 장비나 도움이 없이 수집할 수 있었고 부작용이 적은 효율적 검사였다. 연구 결과 전체 학생(46명)의 코티솔은 환경개선 사전($0.121{\pm}0.087{\mu}g/dL$)에 비해 사후($0.096{\pm}0.058{\mu}g/dL$)에 감소하였고(t=1.718, p=.093) 중고등학생(36명)의 코디솔은 사전($0.137{\pm}0.092{\mu}g/dL$)에 비해 사후($0.104{\pm}0.062{\mu}g/dL$)에 감소하였으며, 유의수준 10%에서 통계적으로도 유의미한 차이를 보였다(t=1.750, p=.089). 따라서 환경 개선 전에 비해 환경 개선 후 청소년들의 스트레스가 감소되었음을 알 수 있다. 하지만 초등학생(10명)의 코티솔은 사전($0.064{\pm}0.023{\mu}g/dL$)에 비해 사후($0.065{\pm}0.016{\mu}g/dL$)에 변화를 보이지 않아, 유의수준 5%에서 통계적으로 유의미한 변화는 나타나지 않았다(t=-0.121, p=0.906). 따라서 후두엽이 발달하는 중학생 시기는 환경 변화에 민감하며 색채 자극에 크게 영향을 미치는 시기인 만큼 본 연구에서 환경전후로 검사한 코티솔 분비의 측정값도 감소함을 볼 수 있었다. 하지만 본 연구는 환경 변화에 코티솔 분비량에 유의미한 변화를 나타내지 않은 초등학생들은 스트레스 호르몬 변화에는 차이가 없었지만 환경변화의 자극이 없었다고 볼 수는 없다.

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The Safety Design of Corrosive Chemical Handling Process based on Reliability Database (신뢰도 데이터베이스 기반 부식성 화학물질 취급공정의 안전설계)

  • Chu, Chang Yeop;Baek, Jong Bae
    • Journal of the Korean Society of Safety
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    • v.33 no.5
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    • pp.141-149
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    • 2018
  • In a PCB factory, there is a corrosive chemical substance supply system that can causes major leakage accidents. These accidents can give rise to shut down the factory and do residents damage that cause enormous loss of properties. To mitigate these risks, it is necessary to provide a chemical disaster prevention system. Moreover, after considering the situation and environment of the production site, it is of great importance to build an optimal chemical accident prevention system by reflecting risk reduction measures from the point of process design and by assessing quantitative risk based on reliability data. However, because there was no established database of the reliability about facilities and equipment that can be used in the domestic, the business site and consulting organization had being used the reliability data such as USA CCPS(Center for Chemical Process Safety). In these days, Korean institutes are studying on reliability data utilization method of quantitative risk assessment for preventing chemical accidents and domestic utilization algorithms and storage bed of reliability data. This study presents samples of reliability database about the chemical substance supply system that constructed from the history data such as failure, maintenance for 10 years at a PCB factory. Also, this work proposes the safety design criteria for supply facilities of corrosive chemical substance by assessing quantitative risk on the basis of the reliability data.

A Study on the Development of Greenhouse Management System Based on Internet (인터넷 온실경영관리시스템 개발에 관한 연구)

  • Shim, Keun-Seop;Kang, Jeong-Ok;Lee, Hee-Ju
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.1
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    • pp.191-207
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    • 2004
  • This study was focused on the development of greenhouse management and environmental control system using internet. The essence of this system were remote automatic control unit connected with greenhouse environmental control according to the growth stages of crops, The specific objectives of the study were; 1) to analyze need of greenhouse environmental remote control system, 2) to investigate the important functions related to greenhouse management program, 3) to explore the possibility of diffusing the system using internet.The study was carried out through review of related literature and need assessment from the research and extension workers in charge of greenhouse management using questionnaire survey, interview and field study. The results of the study were summarized as fallows: 1) About 89% of respondents responded positively on the need to establish automatic control system using internet. 2) The greenhouse management and environmental control system using internet was possible to control the greenhouse in remote, automatic, and simultaneous manner, and additionally by cellular phone in emergent situation. 3) The system was possible to precisely control the greenhouse environment, and it was able to connect the environmental control data with information on growth of crops. 4) By networking the farmer, extension educator of agricultural technology center and researcher, web based farm consulting was possible through the system. Based on the results of the study recommendations were suggested as follows: 1) Thorough spot inspections and field trials should be performed before the diffusion of this system. 2) The costs of the system installation and maintenance should be moderate. 3) The operation of the system should be simple and easy for tamers to adopt. 4) National support should be made to build better internet infrastructure in rural areas.

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A study on instrument development for promoting residents' participation in planning of a street in a decaying residential area (주거지 가로환경정비 과정에서 주민참여를 도모하는 지원도구 개발방안 연구)

  • Park, Hye-Yeun;Shin, Woong-Ju;Lee, Sang-Sun;Kim, Su-Suk;Lee, Yeun-Sook;Park, Gang-Chul
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.161-166
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    • 2009
  • Resident and user participation has been emerging as a hot topic and has been predicted to be popular and general in urban planning and regeneration, specially in housing regeneration in future. Also the number of the resident who are willing to participate in planning and regeneration process is expected to increase drastically as democratic and diverse society get matured. To enable a wide range of residents in planning process within a very limited time, effective and efficient communication tools need to be prepared. The purpose of study is to develop a set of tools for facilitating residents to participate actively in the process of exploring, consulting and decision making process in the street and regeneration. A realistic and feasible testbed site was decided. Developed tools were first, educational contents to empower resident capability to select a better design, second, three dimensional scaled model of existing site, third, floorplan and elevation of design alternative, forth, computer simulation images of both 3D & sketch-up for comparing wall heights and their effect. fifth, Two workshops among professionals and one workshop with residents were carried. Through the workshop, guidelines of developing communication tool for facilitating resident participation was developed. Its usage was summarized in both in further analog and digital tool.

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