• Title/Summary/Keyword: Small and Medium Business

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The Six Sigma Management Model for Small and Medium-sized Companies Using the Management by Process (프로세스 접근방법에 의한 중소기업형 6시그마 경영모형에 관한 연구)

  • Jung Dong-ho;Hong Sung-jo
    • Journal of Korean Society for Quality Management
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    • v.32 no.4
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    • pp.140-155
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    • 2004
  • Six Sigma Management has been introduced as a management strategy by leading companies and some small and medium-sized companies in Korea. But it is not easy for small and medium-sized companies to implement this new management system because of their business environment such as poor manpower or lack of time, etc. This paper proposes an effective implementation model of the Six Sigma Management for small and medium-sized companies using the management by process. First, We review the concept of Six Sigma Management and consider the problems of introducing the system for small and medium-sized companies. And then, Six Sigma Management model for small and medium-sized companies named SIX SIGMA-s is presented. Finally, we present a case study of applying SIX SIGMA-s for a medium- sized company.

Development of Web Based Business Process Management System for Small and Medium Sized Enterprise (중소기업을 위한 웹기반 비즈니스 프로세스 관리 시스템 개발)

  • Seo, Chang-Gap;Park, Young-Jae
    • Journal of Korea Society of Industrial Information Systems
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    • v.14 no.4
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    • pp.153-162
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    • 2009
  • Innovation, especially business process innovation, has evolved into a core focus area for all successful organizations. To ensure long-tenn survival, an enterprise must place innovation at the top of daily business operations to drive desired revenue stability and growth. Business Process Innovation is a key success factor for the next generation enterprise. Companies need to nurture an environment that encourages and enables process innovation. Business Process Management (BPM) must become the focal point of innovation initiatives. But the most BPM solutions are for large company. The cost is too high to build for small and medium sized company. We need the light and easy BPM solution for small and medium sized company. In this paper, we introduce the SESS which is BPM solution for small and medium sized company.

An Empirical Study of MIS CSF's for Small & Medium Business In Korea (우리 나라 중소기업 정보시스템의 성공요인에 대한 실증분석)

  • Ahn Jae-Young
    • Management & Information Systems Review
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    • v.3
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    • pp.399-417
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    • 1999
  • The purpose of this paper id to study the factors influencing MIS user satisfaction. For this purpose. I have reviewed the results of past studies on the performance factor of MIS, and introduced a new model associated with small & Medium Business. On the basis of this model, I have hypothesized that the following variables influence user satisfaction : (gender, age), individual characteristics(user attitude, training for user), managerial characteristic(top management involvement, organizational support) and task characteristics(task structure). There were 195 participants surveyed using questionnaires from 25 different small & medium Business in Pusan. The research model and associated hypotheses were tested by following statistical techniques: reliability test, regression, t-test and ANOVA. The findings of this study are follows; 1. It was found that gender and age are not correlated user satisfaction. 2. Among individual characteristics, only user attitude influence user satisfaction significantly. 3. While organizational supports influence positively user satisfaction, top management involvement do not influence it. 4. Task structure is highly correlated with user satisfaction. In spite of many factors affecting MIS success, this study did not consider all variables affect on user satisfaction. We need integrated model including more various factors.

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The Impact of Environmental Factors on the International Harmonization Process of Accounting on SMEs: Evidence in Vietnam

  • NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.641-649
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    • 2020
  • The study examines the effect of environmental factors on the international harmonization process of accounting on small and medium enterprises in Vietnam. These factors include legal environment, business environment, and cultural environment. The data is collected by a survey of 100 accountants and 100 auditors on the factors that affects the international harmonization process of accounting. The T-Tests indicate differences between the answers of the accountants and auditors. First, for the accountants, legal environment has the biggest effect on the harmonization process of accounting; while on the auditors, business environment has the biggest influence. Second, while the accountants consider costs higher than benefits in the harmonization process of accounting, the auditors assume that benefits are superior to costs that businesses spend. Third, both the accountants and the auditors indicate that the harmonization process of accounting should not be applied for all small and medium enterprises. From the study results, the author has given a different evaluation method that Vietnam should implement for international harmonization with the required adjustments as per the suitability with the status of businesses in Vietnam. The process of harmonization in accounting practices should not be indiscriminately applied to all the small and medium enterprises either.

A Study on Design Security Management Evaluation Model for Small-Medium size Healthcare Institutions (중소형 의료기관 보안관리 평가모델 설계 연구)

  • Kim, Ja Won;Chang, Hang Bae
    • The Journal of Society for e-Business Studies
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    • v.23 no.1
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    • pp.89-102
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    • 2018
  • In this paper, the security characteristics of healthcare institutions were derived through analysis of previous research, and the characteristics and status of small and medium sized healthcare institutions were surveyed through field surveys of small and medium sized healthcare institutions. The security management evaluation model for small and medium sized healthcare institutions was designed and verified based on the security characteristics of small and medium healthcare institutions. For the design, we compared and analyzed existing security management system and evaluation certification system of healthcare institutions. We also confirmed the proposed security management evaluation model and the degree of sharing. In addition, we conducted validation for the statistical verification of the proposed security management evaluation model for small and medium sized healthcare institutions, and we performed the relative priority analysis through AHP analysis to derive the weight for each item. The result of this study is expected to be used as a standard of security management evaluation model that can be practiced in small and medium sized healthcare institutions.

A Proposal of Energy Retrofitting Methods for Small-to-Medium Existing Building (중소규모 기존 건물의 에너지 개수 방법에 관한 실증연구)

  • Jeong, Hee-Gyu;Lee, Young-Jae;Song, Doo-Sam
    • 한국태양에너지학회:학술대회논문집
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    • 2012.03a
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    • pp.286-292
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    • 2012
  • In recent years, building energy has received much attention and there are many support system to reduce building energy consumption. In addition, It is clear that encouraging to energy efficiency investments can be beneficial to our society, because of the energy supply instability and higher energy price in Korea. Nevertheless, ESCO business, represent the existing building energy retrofit business, hardly has not expanded in Korea. besides, in the case of existing building, it is more difficult to achieve the energy retrofit measures than new building, due to the existing buildings have attributes such as a long life and a lots of energy factor, etc. Therefore, for activate ESCO business and expand ESCO bussiness target to small-to-medium building, it is needed to optimization of retrofitting methods for existing small-to medium buildings in Korea. this research was to derive energy retrofit methods through the energy audit and analysis performed for a small-to-medium building located in Suwon, Korea.

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Factors Affecting the Implementation of Low Sodium Diet in Small and Medium-sized Business Workers (중소규모 사업장근로자의 저염식 이행에 미치는 영향요인)

  • Shin, Hosoon;Boo, Sunjoo
    • The Journal of Korean Society for School & Community Health Education
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    • v.19 no.3
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    • pp.41-52
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    • 2018
  • Objectives: This cross-sectional study aimed to identify the significant factors that influence small and medium-sized business workers when they carry out low sodium diet. Methods: The data were collected by conducting a survey on 161 individuals in small and medium sized businesses who had not been diagnosed with hypertension, in Gyeonggi province. The survey tool measured their knowledge in carrying out low sodium diet and how much support they had been given from their family. The data were analyzed by descriptive statistics and multiple regression analysis. Results: Family support affected their implementation of the low sodium diet (t=2.981, p=.003). Similarly, the result accounted for 27.2% ($R^2=.272$) in the regression model. Conclusion: this statistical results suggest that there is a profound need of various nursing intervention programs to enhance family support and to improve their awareness of the importance of implementing low sodium diet in order to prevent hypertension in small and medium-sized business workers.

The Determinants of e-Trade Utilization and Its Impact on Exporter Performance in Korean SMEs

  • KIM, Byoung-Goo
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.1
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    • pp.41-55
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    • 2020
  • Purpose - This paper tries to analyze the factors affecting the utilization of electronic trade of small and medium enterprises and examine how these factors affect the performance of small and medium enterprises. In addition, the leading factors affecting the level of e-trade utilization of small businesses were analyzed by dividing them into external environmental factors affecting the external business and internal resources of the companies themselves Research design, data, and methodology - With a sample of 223 small and medium-sized export firms from South Korea, this study investigates the antecedents of the utilization level of e-Trade such as information exchange, innovation orientation, absorptive capacity and trust by hierarchical regression analysis. Results - The results show that innovation orientation was shown to have a positive effect on e-trade utilization and absorptive capacity has a positive effect on e-trade utilization. Also, information exchange with stakeholders has a positive impact on e-trade utilization. Conclusions - Internal and external factors of companies have a positive effect on the utilization of e-trade. It also showed that the increased utilization of electronic trade had a positive effect on trade performance. Thus, the findings provide policy-makers with implications of the importance of activating e-trade, and furthermore, significant implications for exporter performance.

The Determinants of Management Information Systems Effectiveness in Small- and Medium-Sized Enterprises

  • LE, Quang Bon;NGUYEN, Minh Dat;BUI, Van Can;DANG, Thi Mai Huong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.567-576
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    • 2020
  • This study develops a mediating model to explore the relationships between organizational characteristics, manager's knowledge, management commitment, user involvement, information quality, and management information system effectiveness in small- and medium-sized enterprises in Vietnam. Adapting scales from previous research, the authors designed questionnaires, which they distributed to respondents in Vietnamese small- and medium-sized enterprises. Also, by employing a meta-analytic path analysis throughout structural equation modelling (SEM) with sample of 356 respondents, authors indicate that organizational characteristics are directly related to management information systems effectiveness. Moreover, manager's knowledge, user involvement, and information quality show their important roles in the increase of management information system effectiveness, yet management commitment does not indicate a similar role in the growth of management information system effectiveness. Bootstrapping is utilized to discover the meditating role of information quality, illustrating that quality information mediates the linkages between user involvement, organizational characteristics, and management information systems. However, the mediating role of information quality in the relationship between management commitment, manager's knowledge, and management information systems is not significant. This study contributes to the management information system literature as well as to enhance MIS effects in small and medium-sized enterprises.

Financial Performance Analysis of Government-Supporting Consulting Business to Small and Medium Enterprises : Focused on Corporate Growth Supporting Center in KICOX (정부지원 중소기업 컨설팅 사업의 재무적 성과분석 : 기업성장지원센터 사업 기준)

  • Jung, Hai-Il;Choi, Jeong-Hye;Lee, Sang-Ryul
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.38-45
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    • 2017
  • As the competitiveness of SMEs (small and medium enterprises) is getting more and more improved and globalized, the government provides various consulting services to secure the competitiveness of small and medium firms and support stable growth. However, the assessment of the result from the government's support is generally focused on non-financial factors, such as customer satisfaction and analysis of improvement effect. This paper is in regards to the statistical analysis of how much the government's support in the form of providing consulting services contributes to financial outcomes in terms of profitability and growth. ROA (return on asset) and ROS (return on sales), which are investment profitability and sales profitability respectively, are chosen as an indicator of profitability. For analysis of growth, sales revenue and total asset growth are used. The samples are 44 corporations which are supported by government, and 150 corporations which are selected for comparison, with corporate growth support center program by the Ministry of Trade, Industry, and Energy chosen as the consulting model. After gathering the yearly balance sheets and income statements of the samples from CRETOP, Korea Enterprise Data, the analysis is conducted in the way of identifying the statistical significance of financial difference in the same period between corporates taking consulting services and corporates which have not, and the difference of financial outcomes from the corporates taking consulting services before and after consulting services. As a result, in terms of business growth, it is turned out to have positive difference both in growth ratio and profitability compared to the compared corporations at the significant level. Therefore, it is obvious that the consulting program which government provides to SMEs have direct influence practically to the corporates' management performance.