• Title/Summary/Keyword: Dynamic Capability

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Analyzing the Relationship between Dynamic Capability of Project-Based Organization and the Competitive Advantage in the E&C Companies (프로젝트 조직의 동적역량과 건설기업 경쟁우위와의 상관관계 분석)

  • Jin, Sangjoon;Oh, Minjeong;Kim, Seungchul
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.1
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    • pp.73-85
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    • 2019
  • Since the beginning of a new century, many Korean construction and engineering companies are facing a very dynamic and fast changing business environment which includes severe competition, higher risk, economic depression, declining revenues and profits, etc. In order to cope with these challenges, they need to secure special capabilities to actively adapt to the paradigm changes. One of those capabilities could be project management capability which allows us to manage organizational resources dynamically and integratively based on project portfolio management concept. The objective of this study is to investigate how the dynamic capability of a project-based organization to control the resource affects the firm performance and the competitive advantages. Data was collected from the construction and engineering companies in South Korea by using survey questionnaire, and analyzed for empirical tests by using statistical methods such as structural equation modelling and path analysis. The results showed that the organizational resources, if they had the VRIN characteristics, would have positive impacts on creating the dynamic capabilities for project organization. In turn, the dynamic capabilities of a project organization would have impacts on improving business performance and creating competitive advantages. Also, it was found that the organizational resources may have direct impact on business performance and competitive advantages. The academic contribution of this study is that it attempts to integrate resource based view and the dynamic capability theory about creating competitive advantages for project based organization. This study also provided practical implications to the companies in construction industry by showing how to use organizational resources strategically to create competitive advantages.

Dynamic analysis of non-symmetric FG cylindrical shell under shock loading by using MLPG method

  • Ferezghi, Yaser Sadeghi;Sohrabi, Mohamad R.;MosaviNezhad, Seyed M.
    • Structural Engineering and Mechanics
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    • v.67 no.6
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    • pp.659-669
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    • 2018
  • The Dynamic equations in the polar coordinates are drawn out using the MLPG method for the non-symmetric FG cylindrical shell. To simulate the mechanical properties of FGM, the nonlinear volume fractions for radial direction are used. The shape function applied in this paper is a form of the radial basis functions, by using this function all the requirements for an effective and suitable shape function are established. Hence in this study, the multiquadrics (MQ) radial basis functions are exploited as the shape function governing the problem. The MLPG method is combined with the the Newmark time approximation scheme to solve dynamic equations in the time domain. The obtained results by the MLPG method to be verified are compared with the analytical solution and the FEM. The obtained results through the MLPG method show a good agreement in comparison to other results and the MLPG method has high accuracy for dynamic analysis of the non-symmetric FG cylindrical shell. To demonstrate the capability of the present method to dynamic analysis of the non-symmetric FG cylindrical shell, it is analyzed dynamically with different volume fraction exponents under harmonic and rectangular shock loading. The present method shows high accuracy, efficiency and capability to dynamic analysis of the non-symmetric FG cylindrical shell with nonlinear grading patterns.

The Effect of Branding Capability on Business Performance: An Empirical Study in Indonesia

  • HANDINI, Yuslinda Dwi;NOTOSUBROTO, Suharyono;SUNARTI, Sunarti;PANGESTUTI, Edriana
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.591-601
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    • 2021
  • This study examined the effect of branding capability on business performance moderated by learning capability. This study was conducted with small- and medium-sized enterprises (SMEs) of coffee cafes in the ex-Besuki region, East Java, Indonesia, covering four regencies located around coffee-producing areas with geographical indication (GI) certification. 150 managers of coffee cafe were sampled using the census technique. Data were collected by questionnaires distributed to the coffee cafe managers. The data were then analyzed by using simple regression analysis, Moderation Regression Analysis (MRA) and Moderated MultiGroup Analysis (MMA). The results showed that learning capability positively and significantly affect business performance, and learning capability moderated/enhanced the effect of branding capability on business performance. The findings of this study suggest that branding capability and learning capability play a crucial role in the performance of coffee cafe business especially in the dynamic environment. Coffee cafe managers need to take concrete steps to improve their branding capability and learning capability and they also need to improve their ability to interact with their environment and be committed in managing the coffee cafe. Therefore, it is imperative that the role of branding capability and learning capability be optimized in order to improve the business performance of the coffee cafe.

The Effect on Performance with SCM Dynamic Capabilities in the Pharmaceutical Industry : Mediated Through Cooperational Relationship (제약산업의 SCM 동적역량이 성과에 미치는 영향: 협력관계를 매개로 하여)

  • Seo, Young-Kyu;Song, Dohan;Huh, Hoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.192-206
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    • 2021
  • The pharmaceutical industry is an industry that provides medicines related to the health and life of the people. The pharmaceutical industry is a traditional regulation industry with the characteristics of R&D(Research and Development), purchasing, manufacturing, distribution and consumption under strict government management. Until now, pharmaceutical companies have continued to make efforts to maintain competitiveness through patent management, new product development, and marketing. However, industries are rapidly changing, including rising costs for developing new products and expanding generic markets. As these changes and uncertainties in the management environment increase, efforts are required to improve the competitiveness of the pharmaceutical industry from a new perspective. In this study, we intend to examine the impact of SCM(Supply Chain Management) dynamic capability of pharmaceutical companies on corporate performance through partnerships to respond to market changes and uncertainties. It was determined that the agility, visibility and flexibility that constitutes the SCM dynamic capabilities would affect the performance of pharmaceutical companies. In this study, the importance of SCM dynamic capabilities and cooperative relationships was identified through surveys by SCM managers of pharmaceutical companies. Consequently, in the pharmaceutical industry, which is a regulatory industry, we have identified that SCM dynamic capabilities and cooperative relationships with partner companies have a significant impact on corporate performance.

Offshore wind turbine installation vessel dynamic positioning capability analysis with considering installation structures

  • Daeseong, Lim;S.W., Kim;Jeong-Hyun, Yoon;Seo-ho, Lee
    • Ocean Systems Engineering
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    • v.12 no.4
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    • pp.461-477
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    • 2022
  • Dynamic Positioning (DP) is a system that uses computer-controlled thrusters, propellers, and other propulsion devices to automatically maintain a vessel's position and heading. In this study, a wind turbine installation vessel with DP capabilities was proposed for use in mild environmental conditions in the Yellow Sea. The thruster arrangements of the vessel were analyzed in relation to wind and current loads, and it was found that a four-corner arrangement of thrusters provided the best position-keeping performance. The vessel's DP control performance was also analyzed in relation to the increased environmental load caused by the presence of a wind turbine, using a capability plot. The vessel's performance was evaluated in three different states: floating with no load, during the loading of a wind turbine and suction buckets, and after the wind turbine has been installed. The use of 750 kW and 1,000 kW thrusters was also considered, and the environmental loads in the Saemangeum coastal area and the environmental load when a 5-Megawatt wind turbine is on board were assessed. The study concluded that at least four thrusters should be used for DP to safely manage the installation process of wind turbines.

A Study on the Integrated Capability Framework for Capability Based Force Structure (능력기반전력구조를 위한 통합능력프레임워크 연구)

  • Park, Sang-Gun;Lee, Tae-Gong;Lim, Nam-Kyu;Son, Hyun-Sik;Kim, Han-Wook
    • Journal of the military operations research society of Korea
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    • v.36 no.2
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    • pp.39-52
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    • 2010
  • DoD makes efforts to develop Capability-Based Force Structure through NCW and requirements. MND makes efforts to develop capability based force development and management for dynamic security environment and wartime command and control, however it seems to be very difficult to develop Capability-Based Force Structure without the concept and development method of integrated capability. The purpose of this paper is to make "An Integrated Capability Framework of Capability Based Force Structure" which presents integral capability of Enterprise. This framework contains the concept of force operation and force development view based on defense force life cycle.

A fuzzy dynamic learning controller for chemical process control

  • Song, Jeong-Jun;Park, Sun-Won
    • 제어로봇시스템학회:학술대회논문집
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    • 1991.10b
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    • pp.1950-1955
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    • 1991
  • A fuzzy dynamic learning controller is proposed and applied to control of time delayed, non-linear and unstable chemical processes. The proposed fuzzy dynamic learning controller can self-adjust its fuzzy control rules using the external dynamic information from the process during on-line control and it can create th,, new fuzzy control rules autonomously using its learning capability from past control trends. The proposed controller shows better performance than the conventional fuzzy logic controller and the fuzzy self organizing controller.

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A study on the dynamic behavior of Extradosed PSC railway bridge (Extradosed PSC 철도교의 동적거동에 관한 연구)

  • Gill Tae-Soo;Kim Sung-Il;Kim Youn-Tae
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.1248-1253
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    • 2005
  • The study is indispensable for the dynamic behaviors because this Cable-stayed long span bridge ; has a more flexible structure than normal bridge can have weaknesses which are impact factor, deflection and defectives etc. This study analyze the dynamic behavior by an analysis of the moving constant train force on railway with Midas/Civil that is a commercial finite element analysis tool about Extradosed PSC Bridge. Also it will be checked the dynamic behavior features and standard of the dynamic capability.

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Improving Systems Thinking Capability: A Simulation Approach (시스템 사고 증진을 위한 시뮬레이션 접근)

  • Kwahk Kee-Young;Kim Hee-Woong
    • Proceedings of the Korea Association of Information Systems Conference
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    • 2003.05a
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    • pp.241-251
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    • 2003
  • The rapidly changing environment have forced organizations to improve systems thinking capability to coordinate diverse activities across cross-functional business areas necessarily involving group decision-making processes. Although many approaches have been introduced to enable the collaborative processes of group decision-making, they often lack features supporting the dynamic complexity issues. The study proposes system dynamics modeling based on simulation techniques to improve systems thinking capability in group decision-making context.

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The Relationship Between Supply Chain Competences, Capability, and Fim Performance: A Supply Chain Agility (공급사슬 역량과 능력 그리고 기업성과 간의 관계: 공급사슬의 민첩성을 중심으로)

  • Kang, Sung-Bae
    • Knowledge Management Research
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    • v.13 no.2
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    • pp.95-109
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    • 2012
  • Changing customer expectation, global competition, and technological requirements force firms to develop agile supply chain capabilities sustaining competitive advantage and business success. To respond, firms are seeking to enhance supply chain agility across the inter-organizational, this study explores the relationship between supply chain competence and supply chain agility on firm performance. The research reviews literature on supply chain capability and classifies capability into two categories as competence and capability based on resource based view and dynamic capabilities. It describes a framework to explore the relationships among supply chain competence (IT flexibility, supply chain flexibility, shared value), supply chain capability (supply chain agility), and firm performance (supply chain performance). The purpose of this study is to find the determinants of supply chain agility and improving firm performance in the perspective of vendor companies. The results indicate strong, positive, and direct relationships between supply chain competence and supply chain agility. Supply chain agility have significant relationships with firm performance. Implication for future research and practice are offered.

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