• Title/Summary/Keyword: Small-sized 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.

Critical Review of the Literature on International Business of Small/Medium-sized Enterprises and Venture Companies: Analysis on the Publication of "Asia Pacific Journal of Small Business" (「중소기업연구」 40년: 국제 경영 연구 문헌 고찰과 향후 연구를 위한 시사점)

  • Kwon, Ki Hwan;Yang, Ji Yeon;Choi, Won Yong
    • Korean small business review
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    • v.42 no.4
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    • pp.1-46
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    • 2020
  • Since its inception in 1979, 174 research papers on international business have been published in "Asia Pacific Journal of Small Business." In this paper, those literatures on international business of small/medium-sized enterprises and venture companies were reviewed and critically assessed. In this respect, research papers on international business were analyzed in the order of author, publication year, detailed research area, research method and main arguments and implications. Based on the data, this paper summarizes how frequently international business papers have been published, what detailed topics of international business have been covered, what research methods have been adopted, and which of the papers in each detailed research area of international business have special meanings. In addition, based on the results of analysis, this paper also drew suggestions on what efforts and changes should be made in future researches on international business activities of small/medium-sized enterprises and venture companies.

A study on the model of regional balanced development for promoting small and medium sized enterprise (중소기업육성을 위한 지역균형발전 모형 연구)

  • Chang, Seog-Ju;Park, Roh-Gook;Yoon, Byung-Seop
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.2 no.1
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    • pp.133-151
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    • 2007
  • In the era of 21st new century. reinforcement of regional competitiveness by establishing innovation system is taking its place of main small and medium sized enterprise policies in major developed countries. The model of regional balanced development for promoting small and medium sized enterprise is a main frame of governmental small and medium sized enterprise policies. which complements national innovation process. And in the level of local area, the model is regional network system, molded in the process of induction, application, modification, proliferation of new technologies and knowledge by local businessman and innovators. This study focused on the strategy development for small and medium sized businesses to increase local competitive power, in terms of regional balanced development. In order to find the real problems and improvement alternatives for local competitive power, this study both reviewed the common strategies and action programs advanced in developed countries for small businesses, and did research on the current economic conditions in local area. Based on the lessons from foreign cases and the analysis of the current situations in small business in local area, the study suggested the model of regional balanced development for promoting small and medium sized enterprise including formation of innovation network system through the invitation of leading firms in the area, industry-university partnerships, and development and attraction for small and medium sized businesses.

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An analysis on the effects by application of production information system to small and medium sized manufacturing company (중소제조기업 생산정보시스템 적용에 따른 효과분석)

  • Hong, Eun-Soo;Kim, Young-Kug;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.18 no.3
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    • pp.137-145
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    • 2016
  • To promote the efficiency of production process of small and medium sized company, government conducts production information business that collects and analyzes information of production field automatically and helps process' controlling and supervising by supporting costs of purchase, installment, etc. of hard-software and network related to middle and small sized company intending e-Manufacturing of production field with computer and information & communication network. As a result, the number of middle and small sized companies that introduce and manage production information system is increased. Therefore, the purposes of this research are to arrange contents of production information system introduced to solve current problems of middle and small sized companies and analyze effects of small and middle sized companies' introduction through example companies.

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.

Proposal of the Energy Retrofit in a Small Sized Office Building and its Application (기존 건물의 에너지 개수방법의 제안 및 사례연구)

  • Jeong, Hee-Gyu;Park, Jun-Won;Lee, Young-Jae;Song, Doo-Sam
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.24 no.9
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    • pp.663-670
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    • 2012
  • Recently, energy saving in building sector is of great important to meet national $CO_2$ reduction goals in Korea. In this sense, it is crucial to improve the energy performance for existing building. The energy efficiency investments, ESCO business, can be beneficial to expand the chance of energy retrofit for existing building. However, ESCO business hardly expand in Korea because it has many limitations in guarantee for energy saving. Also, it is more difficult to apply the energy retrofit measures in existing building than new building. Therefore, the retrofitting methods for existing small-and medium-sized buildings should be improved to initiate ESCO business and expand it in Korea. In this study, the energy retrofit methods for small sized office building were suggested and the case study for a small sized office building located in Suwon was accomplished.

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.

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.

Business Performance Indicators and Determinants Analysis of Small and Medium Sized Shipping Logistics Companies in Korea - Using 2015 Economic Census Data (국내 중소 해운물류기업의 경영성과지표 산정 및 결정요인 분석 - 2015년 경제총조사 자료를 이용하여)

  • Han, Sang-Yong;Lee, Joo-Suk
    • Journal of Korea Port Economic Association
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    • v.34 no.4
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    • pp.53-68
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    • 2018
  • This paper analyzes comparatively business performance indicators and determinants of small and medium sized shipping logistics companies in Korea, using 2015 economic census data. For this purpose, this study estimates various business performance indicators according to 2015 small and medium sized companies classification standards, including operating income to sales and gross value-added to sales. In addition, this study analyzes determinants of business performance using generalized least squares models. The results indicate that average sales, operating income and value-added, sales and operating income per worker, operating income to sales, and material cost to sales of large sized companies are higher than those of small and medium sized companies. The business performance indicators differ by industry and size. Moreover, the determinants of business performance are analyzed in terms of the unemployment rate (-), number of employees (-), sales (+), labor cost ratio (+), and labor cost per employee (-) and the impacts of the individual explanatory variables based on elasticity are different. Finally, this quantitative information could be used to improve the business performance of domestic shipping logistics companies.

The Effect of Strategic Fit and Cooperative Relationships on the Small Suppliers' Performance (전략적 적합성 및 협력관계가 협력기업의 성과에 미치는 영향: 삼성전자 협력사를 대상으로)

  • Lee, Jangwoo;Kim, Minjae
    • The Journal of Small Business Innovation
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    • v.19 no.3
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    • pp.57-74
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    • 2016
  • This paper analyzes the role of strategic fit, cooperation, and performance in small-sized subpart suppliers' interactions with large businesses. For this purpose, this paper analyzes survey data from 90 first-tier suppliers of Samsung Electronics and evaluates how strategic fit and cooperative relationships affect their performance. Empirical analysis suggests that strategic fit positively affects small companies' business and innovation performance. This finding aligns with theories arguing for strategies that accommodate specific business environments. In addition, strategic fit is crucial for innovativeness of SMEs (Small and Medium-sized Enterprises). With regard to forming relationships with large companies, findings also show that high quality technological and personnel cooperation boosts subpart suppliers' productivity and efficiency as notably reflected in SMEs' business performance. Moreover, such cooperation between small and large companies reinforces the benefits associated with strategic fit and innovation. This means that if the business environment of small-sized subpart suppliers is uncertain, harnessing differentiated strategies and pursuing collaborations with prime companies will produce innovative outcomes (e.g., increased patent publications). On the other hand, when degree of uncertainty is small, pursuing cost leadership strategies and collaborating with prime companies in areas, such as technology and personnel, will help small-sized subpart suppliers produce innovative outcomes. Based on these findings, this paper argues that choosing the right competitive strategy for a specific business context is intrinsically tied to (1) augmenting technological and human collaborations with prime companies, (2) improving the quality of these interactions, and (3) generating competitiveness among small subpart suppliers. Both competition and cooperation are necessary for strengthening the competitiveness of small companies.

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