• Title/Summary/Keyword: Core Competitiveness

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Critical Review of Global Strategy in Japanese Small- and Medium-sized Companies: A Case of I.S.T Corporation that Dominated the Global Market (일본 중소기업의 글로벌전략과 검토 과제: 세계를 제패한 I.S.T 기업 사례)

  • Kang, Sangmin;Kim, Changju;Tanaka, Mikihiro
    • Journal of East Asia Management
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    • v.1 no.1
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    • pp.29-49
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    • 2020
  • In an intensively competitive global market, small-and medium-sized firms are puzzled about how to develop sustainable competitive advantages against global rivalries, thus leading satisfactory economic performance. However, despite the roles and contributions of such small-and medium-sized firms in the local community and national economies in Japan, little guidance has been offered to the practical issues related to their strategic behaviors toward global management. To fill this notable knowledge gap, this study aims to investigate the conditions in which how Japanese small-and medium-sized could dominates global market, which is one of key challenges in the literature of small business and entrepreneurship. To obtain better insights to this research area, this study undertakes an in-depth interview survey with I.S.T (Industrial Summit Technology) Corporation that shows off the highest global market share (40 per cent) with seamless polyimide tube product widely used in office automation equipment (e.g., copiers and printers). This method of survey is designed to deeply understand historical considerations about how I.S.T Corporation could dominate in the global market of such seamless polyimide tube product. Based on findings drawn from an interview, this study identifies five major factors enabling I.S.T Corporation to be a competitive global hidden company: vision sharing through founder's entrepreneurship, core competence, strategic network, risk management, and employee engagement. Specifically, to become a global hidden champion, sharing the vision motivating employees to partake in shaping company's future will be the first step on the road to global success through founder's entrepreneurship. However, in order to achieve such a vision, the importance of company's core competence cannot be overemphasized, which differentiates your customer solution with those of competitors. As such, a group of experts will be naturally formed and demonstrates your expertise in the global market, thereby building sustainable competitiveness. On the other hand, to maintain sustainable competitiveness, it is necessary to make up for the weaknesses small-and medium-sized firms suffer from competitive resources while strengthening their own strengths through strategic networks with external organizations. Here, every company has to understand the critical role of risk management, which is essential in this process of being global company so as not to lose your own strengths. Last but not least, do not forget the significant effects of employee engagement in firm performance. To enhance employees' engagement, a company has to create an ideal organization culture which fits into company's history and personality. In doing so, such organization culture can allow the vision and strategy to be implemented into detailed business tactics while facilitating employees to challenge the status quo by experimenting with creative ideas.

Strategic plan for implementation of knowledge management of Busan's footwear industry (부산신발산업의 지식경영도입을 위한 전략적 방안)

  • Song, Kyung-Soo;Kim, Yong-Ho
    • Management & Information Systems Review
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    • v.31 no.4
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    • pp.559-592
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    • 2012
  • In spite of the transitional changes in the shoe industry in Busan area, regular academic studies on the management plan to improve the practical competitiveness of footwear industry focused in the materials, bio-dynamics, components, and designs, etc. in the engineering viewpoint are very rare. Many reports of policies were published from late 190's to 2000's but they were limited to the identification of practical situations and the measures for strategic alternatives and were not developed to be the academic studies to improve the competitiveness in terms of management control. It is intended to seek for the measures to be reviewed as the alternatives to improve the self-competitiveness of footwear companies by approaching the problems limited to such specific area in the viewpoint of management control. The core of this study is to provide the alternative plans for expansion of the industrial foundation by seeking for the measures to improve competitiveness with application of knowledge management as an alternative for improvement of not transient but sustainable industrial competitiveness, in order to help the export of shoes from Busan area which has been rapidly increased since the Korea-USA FTA and Korea-EU FTA. In such viewpoint, in the study, a questionnaire survey was performed related with the issues of Busan's footwear industry and the plan to implement knowledge management was discussed for improvement of the competitiveness of footwear industry based on the result of such questionnaire survey. As most of studies and directions have been focused in functional shoes, designs, materials, and components, etc., which are related with the properties of human dynamics, as the alternatives for improvement of the footwear industry of Busan area and did not suggest the measures to make basic changes in the management of companies, the implementation of knowledge management was emphasized in order to seek for the direction of such plan. The purpose of this study is to suggest an alternative for construction of industrial eco-system for high added value by seeking for the probability of knowledge management for conversion of footwear industry into knowledge industry. In order to accomplish the effect of increased export as the result of FTA, current management method of footwear companies is limited and the effect of FTA should be maximized by improving the competitiveness with implementation of knowledge management methods. Settlement of such knowledge management will act as the momentum to improve the competitiveness of footwear companies and, in a long-term viewpoint, will be able to maximize the improvement of knowledge industry and creation of job opportunities.

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An Empirical study into the relationship of team performance and learning transfer influenced by leadership types (학습전이와 상사 리더십의 효과적 팀 성과를 위한 모델 개발의 실증적 연구)

  • Jung, Sang-Mu;Park, Hee-Yong;Song, Kwan-Bae;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.383-392
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    • 2013
  • In order to promote social responsibility, a company reads to engage in various activities to increase their competitiveness to ensure stable and continuous development. One of the activities is to input human/material resources in order to draw and develop the core abilities of member for the productivity improvement of the company. This study is concerned with capability improvement of members in relation to core company performance, the focus of the study is to identify how education training in a company may contribute to team performance by leaning transfer through empirical study. As a result of this study, it was found that the personality of members, as well as the training programs, within the company can be a significant factor for improving productivity and performance of the company. In addition, team members noted that learning transfer take place when effectively lead through the leadership of a boss and identified that this leadership ultimately has a significant effect on team performance.

A Potential Value of Noise Control in Construction Sites for Real Estate Developers

  • Zheng, Guo;Kim, Youngchul
    • KIEAE Journal
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    • v.14 no.4
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    • pp.5-10
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    • 2014
  • Since construction work is an indispensable part of daily lives, complaints of noise are unavoidable. Noise control in construction sites is normally known as a regulation by a government and self-motivated noise controls rarely occur. In this paper, a marketing strategy is proposed to provide a potential value of noise control for real estate developer. First, people's perception to construction noise was examined in means of collecting and analyzing media reports between 2005 to 2011. Then decibel test was done in order to test noise generated by different devices in a construction site in various distances. According to the theory of core competency, a conceptual model was raised to illustrate profit and loss situation of the real estate developers in the case they invest more in noise control. The construction noise is discussed that it will ruin people's perception to the company's brand image and reputation. Also, the investment in the creation of silent site is discussed that it will not only bring benefit to the brand image work but also have value of profit in the market.

A Core Issues of Read-Time Traffic Information Acquisition Based on GIS and GPS Techniques (GIS와 GPS기법을 활용한 실시간 교통정보산출핵심요소)

  • Kim, Si-Gon;Bae, Sang-Hoon
    • Journal of Korea Spatial Information System Society
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    • v.1 no.1 s.1
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    • pp.69-78
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    • 1999
  • In the 21st century, called as unlimited competition era, the level of transportation service is a key factor to determine the degree of an international competitiveness. In order to get the better transportation service, a various of transportation infrastructures have to be constructed. An efficient transportation operation techniques are to be adopted as well. In this paper, a core factors of real time traffic information acquisition is suggested based on the national basic maps and GPS techniques. In detail, map matching and travel time estimation techniques are developed and applied to Kangnam area for case study.

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Social Enterprise Business Operations Experience Converted from Self-Sufficient Enterprise - Based on the Grounded Theory - (자활기업에서 성장한 사회적기업의 기업운영 경험 - 근거이론을 바탕으로-)

  • Lee, Hyunju
    • Korean Journal of Social Welfare
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    • v.68 no.1
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    • pp.169-191
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    • 2016
  • The purpose of this study was to understand social enterprise business operations experience converted from a self-sufficient enterprise. In-depth interviews with representatives of the 4 recycling social enterprises from self-sufficient enterprise which located in Chungbuk province were performed to collect data and analyzed by grounded theory method. As a result, configured 88 concepts and classified into 28 sub-categories 12 categories. According to a paradigm model, Core category, conditions, strategies and consequences were derived from the grounded theory. Especially, the core concept of enterprise management experience of the participants was 'An effort to overcome the harsh business conditions by pursuing sense of community and trying to secure its own competitiveness'. Based on the result, practical and policy proposal for management of the social enterprises were suggested.

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Design of an Organic Simplified Nuclear Reactor

  • Shirvan, Koroush;Forrest, Eric
    • Nuclear Engineering and Technology
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    • v.48 no.4
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    • pp.893-905
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    • 2016
  • Numerous advanced reactor concepts have been proposed to replace light water reactors ever since their establishment as the dominant technology for nuclear energy production. While most designs seek to improve cost competitiveness and safety, the implausibility of doing so with affordable materials or existing nuclear fuel infrastructure reduces the possibility of near-term deployment, especially in developing countries. The organic nuclear concept, first explored in the 1950s, offers an attractive alternative to advanced reactor designs being considered. The advent of high temperature fluids, along with advances in hydrocracking and reforming technologies driven by the oil and gas industries, make the organic concept even more viable today. We present a simple, cost-effective, and safe small modular nuclear reactor for offshore underwater deployment. The core is moderated by graphite, zirconium hydride, and organic fluid while cooled by the organic fluid. The organic coolant enables operation near atmospheric pressure and use of plain carbon steel for the reactor tank and primary coolant piping system. The core is designed to mitigate the coolant degradation seen in early organic reactors. Overall, the design provides a power density of 40 kW/L, while reducing the reactor hull size by 40% compared with a pressurized water reactor while significantly reducing capital plant costs.

A Case Study on Business Continuity following the Establishment of a Soho Fashion Shopping Mall: Longitudinal Research (소호패션쇼핑몰 창업 후 사업지속에 대한 사례연구: 종단적 연구를 중심으로)

  • Mi Young Son
    • Human Ecology Research
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    • v.62 no.1
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    • pp.1-13
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    • 2024
  • This study analyzed the current operational status, business continuity, and business continuity strategies of 11 Soho fashion shopping malls through a longitudinal case study (2019/2020 and 2022/2023). The aim was to determine how Soho fashion shopping malls are continuing their business having been successfully established in the fiercely competitive current online fashion market. Regarding changes in shopping mall operation status, all cases displayed changes in items, distribution channels, marketing channels, core values, and profit structures. After establishing the businesses, a crisis arose due to the COVID-19 pandemic, leading to difficulties in creating new customers. Moreover, there was excessive business expansion, resulting in saturation of the online platform store market. This meant companies were experiencing reduced sales (5) or difficulties in maintaining their business (3). However, there were differences in the direction of overcoming the crisis and continuing or converting the business. These revealed that to continue the business after successful establishment of an online fashion shopping mall, it is essential to have the expertise of entrepreneurs, work performance, and marketing ability, as well as differentiation capabilities such as product power and management strategy and core competitiveness that provides a relative advantage over other shopping malls. Customized government support at the level of the start-up ecosystem is also essential for the survival and business continuity of a SOHO online fashion shopping mall with poor human and material resources.

Analysis of Press Articles and Research Trends related to 'University Core Competencies' using Big Data Analysis Methods

  • Kwon, Choong-Hoon
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.5
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    • pp.103-110
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    • 2021
  • The purpose of this study is to check the trend of press articles and research trends in journal papers in the last 10 years, which dealt with the subject of 'university core competencies' with a big data analysis method. The main research methodology of this study applied the BigKinds analysis system and the semantic network analysis methodology. The results are as follows: First, the number of press articles related to university core competencies showed a keyword trend that rapidly increased in December 2014 and the second half of 2020. Related keywords were curriculum, specialization, project group, Ministry of Education, ACE, and competitiveness. Second, the semantic network value between keywords of related research papers showed 554 degree, 18,467 avg. degree, and 0.637 density. The degree of centrality of connection was analyzed in the order of university(1606), competency(1481), core(1349), and core competency(1301). Betweenness centrality was analyzed as core competencies(13.101), university students(13.101), university(13.101), and competencies(13.101). The results of this research are expected to give implications to future research and policy-making, educational program planning and operation, etc. to members of higher education institutions, experts in education policy, and educational scholars.

A Study on the Effects of the Competitiveness of Intermediate Goods Competency on Customer Value and Enterprise Performance in the China and Korea Electronic industry (한·중 전자산업의 중간재경쟁력이 고객가치와 기업성과에 미치는 영향에 관한 연구)

  • Liu, Zi-Yang;Rho, Hyong-Jin
    • Journal of the Korea Society of Computer and Information
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    • v.18 no.9
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    • pp.201-208
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    • 2013
  • The purpose of this paper is to study the effects of the competitiveness of intermediate goods and enterprise's core competency on customer value and enterprise performance. And it is the first time to investigate the intermediate product competitiveness with the variable of interest to recent corporate values and corporate customers with business performance by exploring their relationships. Intermediate products, which the competitiveness of products that target structure is introduced for the first time, and the relationships between intermediate goods competitive and product reliability, intermediate goods competitive and product innovation are studied in this paper. Further research on integral, modular, valuable, durability, by measuring parameters such as product innovation and product reliability are also conducted. Eight hypotheses are introduced for statistical hypothesis testing. Employees and typical intermediate products in electronic companies in China and South Korea are investigated. SPSS and AMOS models are applied to perform the statistical analysis. Analysis of the proposed models is fit to an acceptable level. Research results and limitations are discussed, and useful conclusions are drawn.