• Title/Summary/Keyword: Measuring Performance

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Measuring and Reporting Corporate Social Performance: An Exploratory Study for Practical Application of Double Bottom Line (기업의 사회적 성과 측정과 보고: 더블바텀라인의 실무 적용을 위한 탐색적 연구)

  • Jo, Illhyung
    • Knowledge Management Research
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    • v.21 no.2
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    • pp.1-19
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    • 2020
  • The purpose of this study is to suggest a practical way to measure and report corporate social performance as public interest in corporate social value pursuits increases. In particular, we will look for ways to measure and report on the financial and social performance of a company based on the concept of the Double Bottom Line (DBL), which has recently spread to big companies. For this purpose, this study analyzed the theoretical background and practical techniques related to measuring and reporting corporate social performance, and examined methods for measuring and reporting social performance in the existing financial performance measurement system. As a result, SROI was the most suitable method for measuring social performance of a company. It is recommended that social performance reporting follows the disclosure method of the accounting system, and the details of reporting suggest that using the standard of GRI Standard, an international standard related to sustainability reporting, is the most reasonable alternative to 'Double Bottom Line' performance reporting.

MEASURING PERFORMANCE IN EGYPTIAN CONSTRUCTION FIRMS APPLYING QUALITY MANAGEMENT SYSTEMS

  • Manal S. Abd Elhamid;Sahar. Sh. Ghareeb;Ramadan O. Mohamed
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.149-156
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    • 2011
  • The performance measurement of construction firms is considered as a competitive advantage to develop and improve their performance to have place in the market and stay able to face the continuous challenge. Egyptian construction firms (ECF) started recently to adopt quality management system (QMS) as a way to develop and improve their performance as previous studies showed. However, measuring that performance to include all the firm's aspects in a competitive way is a crucial process for the ECF's culture. The research is trying to indicate the role of the QMS implementation in measuring performance (MP) through developing a model for measuring performance on the organization level, and explore its impact on the organization that adopt quality management system. This model is based on specific elements and their related indicators which have been derived from national approaches and models of measuring performance (benchmarking, quality awards and six sigma).Elements determination and the status of their real practice has been investigated through a questionnaire to a representative sample of ECF. This model determines the performance level (PL) of the organization that measured by a mean of a point system. Weights of the elements in the point system considered both the elements' importance in the international models and its real practice in the Egyptian construction firms. So, the final outcome of the model reveals the level of firm performance that helps the firm to identify the weak points against the strong ones, Confirm the priorities and identify new opportunities for developing, and Check the position of the company in the market among the others. Another questionnaire has been developed to be distributed on a group of Experts on measuring performance for the purpose of model validation. The majority of surveyed experts agreed that the proposed model can be applied effectively.

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The Performance Improvement of Lightning Arrester Leakage Current Measuring Device for GIS (GIS용 피뢰기 누설전류 측정장치 성능개선)

  • Kim, Won-Gyu;Kim, Min-Soo;Baek, Young-Sik
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.12
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    • pp.1726-1731
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    • 2014
  • This paper shows the developed new lightning arrester LCM (Leakage Current Measuring device) which is important element of GIS (Gas Insulated Switchgear) Preventive & Diagnostic system and verify its performance though strengthened test standards. The existing lightning arrester LCM was modified to solve measuring errors which happened frequently. At first, we explained the principle of measuring leakage current. Through analyzing some problems which the existing LCM have. we got some improvable items. For the performance verification of the improved LCM, we manufactured prototype LCM which is applied some improvable items such as improving LCM circuit, adding protection circuit, optimizing inner structure of LCM and changing ground design. After then we carried out the performance test. Accredited testing laboratory carried out the performance verification test according to performance test criteria and procedure of reliability test standards, IEC-60225, 61000 and 60068 etc. We confirmed the test results which correspond with the performance test criteria. Also, we confirmed the performance of the improved LCM installed & being operated at G Substation through the immunity test against the normal noise and open/close surge etc.

Measuring Performance in Egyptian Construction Firms Applying Quality Management Systems

  • Abd Elhamid, Manal S.;Ghareeb, Sahar.Sh.
    • Journal of Construction Engineering and Project Management
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    • v.1 no.2
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    • pp.18-27
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    • 2011
  • Egyptian construction firms (ECF) started recently to adopt quality management system (QMS) as a way to develop and improve their performance as previous studies have shown. However, considering all the firm's aspects in a competitive way is a crucial process for the ECF's culture. This research is trying to indicate the role of the QMS implementation in measuring performance (MP) through developing a model for measuring performance at the organizational level, and to explore its impact on the organizations that adopt QMS. This model is based on specific elements and their related indicators which have been derived from national approaches and models of MP. This model determines the performance level (PL) of the organization that is measured by means of a point system. Weights of the elements in the point system considered both the elements' importance in the international models and its real practice in the ECFs. This model has been validated using another questionnaire and the majority of surveyed experts agreed that the proposed model can be applied effectively.

On Building A Dynamic BSC Model for Strategic Performance Measurement (성과측정의 전략적 활용을 위한 동적균형모형 구축 방법)

  • 박상현;이준철;이정화;김동호;김상욱
    • Korean System Dynamics Review
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    • v.2 no.1
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    • pp.69-92
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    • 2001
  • The Managing and measuring performance have long been a popular topic in business. Traditions of financially-oriented managing and measuring performance have provided managers with relatively objective and scientific results of measuring performance until now. But today the value of organization is influenced more by intangible assets than tangible assets. Nobody thus believes that the performance and the value of organization can be measured by financial indicators only. In this background, numerous researches have been conducted to find alternatives to measuring the value of organization's intangible assets. One of the remarkable achievements would be "Balanced Score Card (BSC), "which covers three sectors of indicators, each from customer relations, internal process innovations, and learning and human resource development, in addition to traditional financial indicators. Unfortunately, even BSC, let alone others, fails to accomodate all performance indicators as a holistic system. Namely, performance measuring techniques including BCS, at present, fail to reflect the dynamic features in their model - i.e., the casual relations and the interactions between the indicators, and there is no way of taking into account the impact of delayed feedback which flows from introduction of new policy and legislative changes, etc. Therefore, this paper attempts to devise a means for adding dynamic features to BSC, by introducing the system dynamics concept, with a focus on the effect of casual relations and feedback structure.

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Performance Evaluation for Coordinate Measuring Machine using Design of Experiments (실험계획법을 이용한 3차원 좌표 측정기의 성능 평가)

  • Lee, Seung-Pyo;Ha, Sung-Kyu
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.17 no.4
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    • pp.133-139
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    • 2008
  • With the increasing demand for higher production quality and growing competition in the global market, coordinate measuring machine(CMM) has been widely used in industry to improve the efficiency and effectiveness of measurement. In this paper the performance evaluation of coordinate measuring machine is proposed using design of experiments. A factorial design is applied to carry out the performance test proposed by ISO 10360 with a length bar and to investigate CMM measurement errors associated to orientation and length in the work volume. The determination of the significance of effects in an experiment is made through the analysis of variance(ANOVA). The results show that the proposed method is suitable to analyze the factors which affect the CMM measurement performance.

Study on the Measuring Method and Reliability of Top Clearance of Variable Swashplate Type Compressor (가변 사판식 압축기의 탑 클리어런스 측정 방법 및 신뢰성 확보에 관한 연구)

  • Kim, Young-Shin;Na, Seung-Kyu
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.28 no.3
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    • pp.89-94
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    • 2016
  • In this experimental study, the effects of top clearance on the performance of automotive a/c compressor were studied. Top clearance measuring device was also developed to ensure the reliability using vacuum conditions to secure constant control of top clearance without external environmental influence. Our results revealed that the improvements in compressor performance according to different top clearance values using the same compressor and same operator were about 4.12% at 800 rpm and about 7.8% at 2,000 rpm in 0.243~0.252 mm of top clearance compared to 0.431~0.456 mm of top clearance. To confirm the consistency in measuring top clearance affecting compressor performance, the top clearance measuring device was developed in this study using a vacuum pump. After performing reliable tests repeatedly, the distribution of measuring values under this device was within 0.99~1.83%, indicating that the constant test data in compressor performance was not affected by any other external environment.

A Current Collection Performance On-line Test Plan in Korea High Speed Train Development Project (고속전철 기술개발사업 본선 시운전 집전시험계획)

  • 조용현;최강윤;백광선
    • Proceedings of the KSR Conference
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    • 2001.10a
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    • pp.156-162
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    • 2001
  • Current collection performance on-line tests for a Korean High Speed Train being developed in G7 project is scheduled to start in June, 2002. In this paper, preparatory efforts for measuring contact forces which is regarded as one of major measuring items in the test are introduced. Specifically speaking, review of frequencies related with contact force fluctuations, brief of contact force measuring algorithm, review of measuring instrument specifications and development of a data acquisition program are presented.

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A Performance Testing Device of Drycell (건전지의 성능평가 장치)

  • Jeong, Heon
    • Journal of Institute of Control, Robotics and Systems
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    • v.17 no.2
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    • pp.171-175
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    • 2011
  • In this paper, I have developed a high-speed and high-resolution measuring device in order to check the performance of drycell. The system is developed for the drycell manufacturing plant. Measuring time is one of key factors to inference on the production speed. So the developed system is designed to generate the classified result up to 1200ea/min. In the other words, each product can be classified within 25ms. There have been many studies to estimate both state of charge as well as state of health, such as OCV (Open Circuit Voltage), SC (Short Circuit) and measuring impedance with frequency pulse. But those methods take a few second due to surface discharge. To overcome the phenomenon, I developed the method to engage the reverse current to two electrodes of battery. As a result, I could achieve to measure the indigenous capacity without the problem of surface discharge.

Result and Analysis of Performance Test of Pantograph for High Speed Train (고속전철 집전장치의 성능 계측 결과 및 분석)

  • Seo Sung-Il;Park Choon-Soo;Cho Yong-Hyun;Mok Jin-Yong;Kang Bu-Byung
    • Proceedings of the KSR Conference
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    • 2003.05a
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    • pp.574-579
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    • 2003
  • In this study, a measuring system for performance of pantograph was developed. The measuring system was installed on the prototype high speed train and measurement has been conducted during running on the test track. The measuring system is composed of video monitoring system and telemetry & data processing system. It can monitor the hazard behavior of pantograph and measure acceleration and vertical force of the pan head. Owing to the measuring system, performance of pantograph and safety of interface system of pantograph and catenary is evaluated.

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