• Title/Summary/Keyword: Product Performance Program

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A Case Study of Process Innovation for e-Business Transformation: Lessons Learned from a Korea-Based Leading P&C Insurance Company (국내 손해 보험사의 e-Business 기업 혁신 사례 연구)

  • Kim, Seung-Eon;Park, Ju-Seok;Kim, Jae-Kyeong
    • Journal of Information Technology Services
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    • v.5 no.1
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    • pp.17-34
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    • 2006
  • As insurers have undergone changing customer expectations, increased cross-industry competition and restructured distribution channels, they need to enhance customer relationships, cut costs, increase agility and streamline operations while differentiating the core competency. As such, the importance of e-business transformation has increased where organizational core processes are restructured around customers and interned-based technology is adopted for flexible and adaptive information systems. This paper presents a case study of process innovation for e-business transformation in a Korea-based leading property & casualty insurance company. The company initiated three years-long e-business transformation program to remain competitive and to keep sustainable growth under risky and down economy. The program, which covered enterprise-wide business processes such as product, marketing & sales, customer, claim, investment & loan, accountings, etc., included redesigning processes from customers' viewpoint and then implementing process-aligned information systems. Leadership, sponsorship, change management, performance measurement, business and IT alignment, empowerment, and customized methodology, were emphasized throughout the program. As a result, the company could expect not only improvements in customer-centricity, sales productivity, and operational excellence but also increased revenues and profits in the next three years. The presented case addresses a feasible approach for enterprise-wide e-business transformation. Although the strategies, actions, and business and IT models are not described in detail due to confidentiality, the methodology and the success factors would be applicable to other insurers and possibly organizations in different industries.

The Effect of Marketing Characteristic on Business Performance (창업마케팅특성이 기업성과에 미치는 영향)

  • Jeon, In-oh;An, Un-Seok
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.3
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    • pp.97-109
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    • 2016
  • In Korea, the survival rate of start-up of 5-year after foundation is as low as 29.6% of the country. This low survival rate is from because of insufficient resources in start-ups compared to those of mid-sized companies. Therefore, the marketing characteristics of entrepreneurship has emerged as a major cause. Therefore, In this study, because learning orientation, marketing experience, competition orientation and etc are differently owned in start-ups, marketing impact to marketing strategy in start-up companies are differently investigated. Therefore, the relationship of learning orientation, marketing experience, competition Orientation with marketing strategies was examined. Based on this, Business performance was examined to suggest contents related to eco-system of start-up companies to representative of start-up companies. For this study, Survey was conducted for 250 start-up entrepreneurs within 3 and half year since foundation from Nov. 20 to Dec. 20, 2015. In result of data-cleaning, 207 meaningful samples were gathered. Based on these, conclusion was obtained. Using SPSS 20.0 statistical program, frequency analysis, reliability analysis, correlation analysis and regression analysis were conducted. the following conclusions were drawn. First, in the impact of marketing environment of Phase 1 start-up companies on marketing strategy, product strategy, distribution strategy and promotion strategy were positively affected by learning orientation, marketing experience and competition orientation. Second, in the effect of 2nd phase marketing strategy to business performance, the financial performance and the non-financial performance. Were positively affected by product strategy, distribution strategy and promotion strategies. Third, The effect of learning orientation, marketing experience and competition orientation to financial performance was positively mediated by product strategy and distribution strategy among 3rd phase meditation strategies. the effect of learning orientation, marketing experience and competition orientation to non-financial performance was positively mediated by products strategy. In comprehensive summary, in order to increase business performance in start-up companies, marketing strategy should be applied in. Especially, the role of learning orientation and marketing experience is vital. In increasement of business performance to characteristics of star up marketing, financial performance can be increased by product strategy and distribution strategy. And, both of financial and non-financial performance can be increased by product strategy. Therefore, in conducting of marketing characteristics of start-up, to increase business performance, the apply of marketing strategy to marketing characteristics of start-up should be required.

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Expert Design Evaluation System for injection Molding

  • Kim, Sang-Gook;Huh, Yong-Jeong
    • International Journal of Precision Engineering and Manufacturing
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    • v.2 no.1
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    • pp.62-75
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    • 2001
  • The design and manufacture of injection molded polymeric parts with desired properties is a costly process dominated by empiricism including repeated modification of actual tooling. This paper presents and expert design evaluation system which can predict the mechanical performance of a molded product and diagnose the design before the actual mold is machined. The knowledge-based system synergistically combines a rule-based expert system with CAE programs. An iterative boundary pressure reflection method(IBPR) is developed to automate the cavity filling simulation program and to predict thermo-mechanical properties of a molded part precisely. Mathematical models of weldline and frozen-in molecular orientation are established to determine the spatial variation of microstructural anisotropies of a molded part from the result of cavity filling simulation. The strength ellipse is devised as and index which represents th spatial distribution of the microstructural anisotropies of a molded part, Heuristic knowledge of injection molding, flow simulation, and mechanical performance prediction is formalized as rules of an expert consultation system. The expert system interprets the analytical results of the process simulation, predicts the performance, evaluates the design and generates recommendations for optimal design alternative.

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The Effects of Long-Term Relationship Orientation on Green Supply Chain Management and Performance (기업 간 장기적 관계지향성이 그린공급사슬관리와 성과에 미치는 영향)

  • Lee, Seung GI;Kim, Byung-Keun;Park, Young Chan
    • Korean small business review
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    • v.39 no.1
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    • pp.59-87
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    • 2017
  • There is growing concern of the international community for the environmental issues including climate change. Scholars have examined various issues regrading Green Supply Chain Management (GSCM) but they mainly have focused on why firms introduce and implement GSCM from the persecutive of manufacturers. In particular, there has been few studies of green supply chain management in Korea. We investigate the effects of long-term relationships on green supply chain management and the relationship between GSCM and environmental performance. We also examine the relationship between long-term relationships and green information sharing, the effects of green information sharing on the GSCM. The data for this study were collected through a questionnaire survey on firms that participated in the Green Partnership Program of Korea Institute of Industrial Technology. Based on the responses of 155 firms the research model is empirically tested through a structural equation model. We found that long-term relationships facilitate GSCM significantly as it was expected. Green purchase and green product design also appears to improve environmental performance. Long-term relationship appears to affect positively green information sharing. Green information sharing does not have a statistically significant effect on environmental performance but show positive effect on GSCM including green purchase and green product design.

A Study on the Life-time Prediction for the Rubber O-ring applied to decoy through the Accelerated Life Test (기만기 적용 고무 O-ring의 온도에 따른 가속수명시험을 통한 수명예측에 관한 연구)

  • Jo, Hee-Jin;Kim, Minwoo;Gwak, Hyerim
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.10
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    • pp.182-188
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    • 2016
  • A decoy is a weapon system that can protect vessels from an enemy's torpedo. Thus, the decoy should be able to operate in the field without any failure. Because the decoy can be inoperable once its sealing is broken and water permeates inside the system, the hermetic sealing capability considering the operational environment is mandatory. To be hermetically sealed, a rubber-type O-ring is generally used in a decoy system. The sealed performance of rubber-type products, however, tends to age and deteriorate with time. Therefore, the O-ring needs to be maintained or changed periodically. This paper proposes a method to estimate the proper maintenance period using the hardness and elongation percentage, which represents the performance of the O-ring product and test data from Accelerated Life Test (ALT) of the product. The O-ring used in this paper is a NBR type, and the temperature was chosen to be the main accelerating factor as referenced in many studies. The criteria for the failure of the O-ring was set for the product to be 50% degraded compared to the initial performance. In addition, the Korean standard KS M 6518 was adopted and referenced for the preparation of test samples and the calculation of estimates. The O-ring's predicted life was simulated by analyzing the test results from a computer program, and the optimized maintenance period for the product was determined.

Optimization of injection molding process for plastic keypad on mobile phone (휴대폰 키패드의 최적 사출성형 공정 설계)

  • Park, Eun-Seo;Shin, Sang-Eun;Han, Seong-Ryeol
    • Design & Manufacturing
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    • v.11 no.1
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    • pp.34-38
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    • 2017
  • Deformation frequently occurring in injection molded products is a phenomenon displayed due to uneven shrinkage distribution and orientation of the whole molded product. Shrinkage deformation is a very serious problem because it causes deformation of the molded article and shortens the performance of the product. In this paper, we are focusing on the warpage of keypad in mobile phone. In other words, we focused on minimizing keypad deformation. In the study, the Taguchi method was applied to find the injection molding conditions that minimize the deformation of the keypad. In the case of this keypad, the main factors influencing the shrinkage deformation were predicted as the melting temperature, coolant temperature and cooling time. In addition, the optimum molding conditions were obtained and the shrinkage strain was minimized. Experiments for the Taguchi method and verification of optimal molding conditions were performed using an injection molding analysis program.

Industry specialization and wireless convergence in Daejeon (대전의 산업특화와 무선통신융합)

  • Park, Jae-Sue;Park, Jung-Yong
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.19 no.11
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    • pp.2739-2744
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    • 2015
  • Development of policy incentives and policy direction in the innovation economy is always important. Innovations policy have characterized industrial dynamics, leading to a transformation of the market structure of the specific industry. The paper explores the development of industry convergence for understanding the change of the wireless industry in Daejeon. Although its initial focus is R&D center, The business model has become the research and development of external demand than its own product research and development. For regional innovation, the wireless industry policy should be provided with their own product development pattern.

Innovative Retail Strategy of CJ O Shopping (CJ오쇼핑의 혁신적인 소매유통전략)

  • Han, Sang Lin;Lee, Sang Hyun;Hong, Sung Tae
    • Asia Marketing Journal
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    • v.12 no.3
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    • pp.81-97
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    • 2010
  • CJ O shopping performs well in the mature home shopping market as they develop differentiated product assortments, valuable program and platforms, and enhance the customer service. This case examined the reason why CJOShopping needed to change their strategy and how they implement the strategy. Specifically, this case investigated how they established their new vision, why they changed their name, how they differentiated themselves in retail mix perspective, and how good their performance were. Future challenges and suggestions are discussed at the end.

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Analysis of Teachers' Concern and Levels of Use on Performance Assessment in China Middle School (중국 중학교 교사들의 수행평가에 관한 관심도와 실행 수준 분석 - 북경시 중심으로-)

  • Li, Shu-Yu;Kim, Tae-Hyun;Kim, Suk-Woo
    • Journal of Fisheries and Marine Sciences Education
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    • v.25 no.1
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    • pp.29-39
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    • 2013
  • The purpose of this study is to analyze middle school teachers' concern about and implementation degree of performance assessment in China. The research questions are as follows: First, what kind of concern is held by middle school teachers who implement performance assessment? Second, is there any significant difference in stages of concern the teachers on performance assessment according to their gender, education level and teaching career? Third, which level of use is shown by middle school teachers who implement performance assessment? Fourth, what is the correlation between middle school teachers' Stages of Concern and Levels of Use on performance assessment? This study was conducted based on a Concerns-Based Adoption Model (Hall, 1973; CBAM) that viewed teachers as the most primary factor of the execution of innovation, in this case, performance assessment. Performance assessment is assessment based on observation and judgement (Stiggins, 1994), and require test takers to complete a process or produce a product in a context that closely resembles real-life situations. The subjects of this study were randomly sampled from 120 middle school teachers throughout Bei-Jing, China. The questionnaires were distributed to them by mail, and they were asked to return their questionnaire by mail. The collect data were analyzed by SPSS/WIN 18.0 program in terms of frequency, correlation, or MANOVA. Frequency analysis was used to analyze concern of middle school teachers on performance assessment. To gain an frequency of the individuals in each stage, we regarded the stage in which a teacher had his/her highest score as his/her relevant stage. Correlation analysis was adopted to identify the correlation between teachers' stage of concern and level of use. To analyze the difference of the concern of China middle school teachers on performance assessment according to their individual background variables such as gender, education level, and teaching career, MANOVA was performed.

Structural Behavior of Reinforced Concrete Frames Strengthened with Infilled Wall Using Concrete Blocks Made in Recycled Aggregates (재생콘크리트 보강블록 끼움벽체로 보강한 철근콘크리트 골조의 구조거동)

  • Kim Sun-Woo;Lee Gab-Won;Park Wan-Shin;Han Byung-Chan;Choi Chang-Sik;Yun Hyun-Do
    • Proceedings of the Korea Concrete Institute Conference
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    • 2004.05a
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    • pp.76-79
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    • 2004
  • The use of recycled aggregate concrete is increasing faster than the development of appropriate design recommendations. This paper is making advances in the recycling of waste concrete material for use as recycled aggregate to make secondary concrete product. Using recycled aggregates from demolished concrete, we manufactured concrete blocks to experiment overall performance in feasible performances. This paper reports limited experimental data on the structural performance of shear wall used concrete blocks made in recycled aggregates. Reinforced concrete frame and shear walls were tested to determine their diagonal cracking and ultimate shear behavior. The variable in the test program was the existence of infilled wall used concrete blocks Made in recycled aggregates. Based on the experimental results, Infilled wall has a high influence on the maximum strength and initial stiffness of reinforced concrete frame. Structural performance of specimen WSB1 and WSB2 is quite different from RCF specimen, particularly strength, stiffness and energy dissipation capacity.

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