• Title/Summary/Keyword: Strategic Planning Factors

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An Investigation on Organizational Characteristics Influences on Information Systems Issues in the Korean Firms (조직적 특성에 따른 정보시스템 주요관리이슈의 선택에 관한 연구)

  • Han, Jae-Min;Mun, Tae-Su;Park, Hui-Chan
    • Asia pacific journal of information systems
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    • v.5 no.2
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    • pp.51-78
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    • 1995
  • This paper suggests a contingent perspective for analyzing information systems issues of the Korean firms. The contingent perspective includes such corporate characteristics as industry, organizational size, strategy, and value-added application function. This research surveyed 119 corporations in manufacturing, banking, distribution, and construction industries. Among those samples 104 data of corporate IS managers turned out to be statistically valid. As a result, those issues are ranked as the most urgent and important IS issues: strategic IS planning, system integration, application of database, process standardization, and network planning and implementation. Furthermore, factor analysis says that thirty issues to be surveyed are to be grouped into seven factors such as IS planning, user/education, database, applications of IT, system management, distributed computing technology, and network applications. It also found through Pearson correlation and ANOVA that organizational characteristics highly influences the IS issues the corporations face.

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Strategic Planning for Bioenergy Considering Biomass Availability in Rural Area (바이오매스 부존특성을 고려한 농촌지역 바이오에너지 보급전략)

  • Hong, Seong-Gu
    • Journal of The Korean Society of Agricultural Engineers
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    • v.50 no.4
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    • pp.51-58
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    • 2008
  • Unit costs for energy production in bioenergy facilities are dependent upon both fixed cost for facility construction and operational costs including biomass feedstock supply. With the increase of capacity, unit fixed cost could be decreased while supply cost tends to increase due to the longer transportation distance. It is desirable to take into account biomass availability in planning bioenergy facilities. A cumulative curve relationship was proposed to relate biomass availability and cumulative products of biomass amount and transportation distance. Optimum size of gasification facilities was affected by collection cost, biomass cumulative relationship. Based on biomass availability of Icheon-City, optimum sizes were about $400kW_{th}$ for gas production, and about $200kW_{el}$ for power generation. Unit cost of bioenergy production could be substantially reduced by reducing collection cost through supplying biomass from diverse sources including land development areas where significant amount of waste wood is generated. When planning bioenergy facilities, however, biomass availability and spatial distribution are key factors in determining the size of capacity.

Factors that Influence the Entry Mode Choice of Foreign Apparel Brands in Korea (해외의류브랜드 국내시장 진입방식 결정요인 분석)

  • Seo, Yu-Jin;Lee, Jae-Ho
    • Journal of the Korean Society of Clothing and Textiles
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    • v.33 no.11
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    • pp.1719-1732
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    • 2009
  • A firm seeking to enter a foreign market must make an important strategic decision of which market entry mode to use. Because entry modes involve resource commitments, the initial choice by a firm on a particular entry mode is difficult to change without a considerable loss of time and money. Substantial prior research has been undertaken to explain why firms select a particular entry mode into global markets. However, there exists limited research on this area in the field of foreign apparel brands in Korea, although some research has analyzed influential entry mode factors when Korean textile and clothing companies went overseas. This study reviews prior research on the entry mode choice and analyzes the factors that influence the entry mode choice for 510 foreign clothing brands in Korea. Price range, clothing types, distribution strategy, and cultural distance were considered as influential determinants for different entry mode choices. Crosstabs with a chi-square test and logistic regression are used for analysis. This study shows that high-priced brands and luxury brands are associated with the export orientated entry mode in the Korean market. Brands that pursued the strategy of multiple distribution channels showed a preference for a licensing mode or direct investment over other entry modes, and brands from higher-cultural-distance countries entered the Korean clothing market by licensing mode. The findings of this study are appropriate for the strategic planning of foreign apparel intent on entering the Korean market or for Korean apparel firms planning to enter the global market.

Foresight study on the Overseas Export of Nuclear Power Plants (시나리오 기반 미래원전산업의 환경변화 전망 및 수출전략 도출)

  • Hwang, Byung Yong;Choi, Han Lim;Lee, Yong Suk
    • Journal of Technology Innovation
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    • v.20 no.3
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    • pp.1-28
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    • 2012
  • This study conducted a qualitative analysis on the Korea's nuclear energy sector in 2030 through scenario-based strategic foresight method. Specifically, the relationships between environmental influencing factors of the future nuclear energy sector was examined from a multi-dimensional perspective on the basis of STEEP analysis and network analysis. In addition, scenario planning method was used with key uncertainty factors (KUF) to create three predictable strategic scenarios including optimistic, business as usual, and pessimistic. Common strategies that need to be urgently pursued as well as the maximum risk avoidance strategies for each scenario were also presented. This study further identified energy pricing, global economic trend, competitiveness in nuclear technology, and marketing capability as key uncertainty factors in the future nuclear energy industry sector. In order to furnish effective export strategy in the future nuclear energy sector, it was also suggested that government policy should adopt following measures as top priorities: securing nuclear safety technology, educating nuclear engineers, securing nuclear resources such as uranium, increasing nuclear capability and so on. The implications and limitations of this study were then discussed based on research findings.

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Strategic environmental impact assessment proposal in consideration of the complex characteristics of the soil - Around the dam construction long-term plan - (토양의 복합적 특성을 고려한 전략환경영향평가 방안 - 댐건설 장기계획을 중심으로 -)

  • Kim, Tae Heum;Park, Sun Hwan;Hwang, Sang Il;Yang, Jihoon;Lee, Jai-Young;Hwang, Joung Bae
    • Journal of Environmental Impact Assessment
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    • v.25 no.1
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    • pp.51-62
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    • 2016
  • Recently, soil has been recognized as a crucially important resource that even can change the quality of life. Also, recent studies have gradually mentioned the importance of assessing soil impact induced by development plans and projects. In this study, after detailed soil assessement items were selected from our national environmental policies and international agreements, they were tested for the long-term dam construction planning in order to ensure more suitable implementation of strategic environment assessment(SEA). We found that soil resources can be impacted by diverse factors such as soil erosion, soil organic matters, soil moving, soil biodiversity, and others. Such detailed factors are found to be overlapped with the pervious EIA factors. Accordingly, additional studies would be required for finding out more reasonable connection between assessment factors during any SEA progress.

Scenario Planning based on Collective Intelligence Using Wiki (위키를 활용한 집단지성 기반의 시나리오 플래닝)

  • Han, Jongmin;Yim, Hyun;Lee, Jae-Shin
    • Journal of Technology Innovation
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    • v.20 no.2
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    • pp.29-48
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    • 2012
  • As the complexity and uncertainty of social and economic systems increase, the strategic foresight that actively and effectively responds to the environmental changes becomes important. A wide range of future forecasting methods are available for strategic foresight. Selecting one of the methods depends on several factors such as availability of time and financial resources and the objectives of the exercise. Although trend extrapolation analysis has been used for many years, scenario planning is being widely used by government and corporate as a tool for strategic decision making in recent years. Generally, scenario planning is carried out through workshop, in which experts with diverse backgrounds exchange information, views, and insights and integrate the diverse viewpoints. However, only a small number of experts can participate in a workshop and citizen opinion is not easily transformed into the policy for the scenario exercise due to the limitation of budget and short duration of a project. It is also much harder to develop creative ideas in the workshop because of the limited time and space. In this study, a new scenario process combining scenario workshop and wiki is proposed to overcome the limitation of scenario workshop. This combined approach can be more productive than using scenario workshop alone when developing new ideas. In this study, we applied the combined approach to develop scenarios for the strategic foresight of future media and present suggestions for improving the process.

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An Integrated Mathematical Model for Supplier Selection

  • Asghari, Mohammad
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.29-42
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    • 2014
  • Extensive research has been conducted on supplier evaluation and selection as a strategic and crucial component of supply chain management in recent years. However, few articles in the previous literature have been dedicated to the use of fuzzy inference systems as an aid in decision-making. Therefore, this essay attempts to demonstrate the application of this method in evaluating suppliers, based on a comprehensive framework of qualitative and quantitative factors besides the effect of gradual coverage distance. The purpose of this study is to investigate the applicability of the numerous measures and metrics in a multi-objective optimization problem of the supply chain network design with the aim of managing the allocation of orders by coordinating the production lines to satisfy customers' demand. This work presents a dynamic non-linear programming model that examines the important aspects of the strategic planning of the manufacturing in supply chain. The effectiveness of the configured network is illustrated using a sample, following which an exact method is used to solve this multi-objective problem and confirm the validity of the model, and finally the results will be discussed and analyzed.

The Technology Innovation System for Complex System Product Development of Public Research Institutes (공공연구기관에서의 복합제품개발을 위한 기술혁신시스템)

  • 조황희
    • Journal of Korea Technology Innovation Society
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    • v.1 no.3
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    • pp.313-325
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    • 1998
  • Government-Supported Research Institutes(GSRI) have done complex product(CP) development with national needs. The products to be developed have very limited demand. The most important things at CP development are technology innovation through knowledge creation and acquisition. Then, this paper suggests the technology innovation system for CP development. In CP development like satellite, government must do strategic management at national level and technology management at program level. Two managements are tools to achieve the strategic goals. The key points in CP are integration and interface among subsystems and person. From these factors and innovation system, R&D planning and practice are based on sharing and creation of knowledge. CP development projects ought to overlap and parallel for sustainable acquisition and creation of knowledge.

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Methodological Improvement for the Economic Assessment of Public R&D Programs

  • Hwang, Seogwon
    • STI Policy Review
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    • v.2 no.3
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    • pp.35-44
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    • 2011
  • Korea has rapidly increased R&D investment over the last few decades and the intensity of R&D investment is among the highest in the world; however, there are serious concerns about R&D performance and R&D efficiency. This study is to improve the economic assessment methodology regarding a feasibility study for national R&D programs that are thought to be one of the most prominent ways to enhance R&D efficiency. In order to improve the methodology of economic assessment, a few of important factors such as technical or market uncertainty, spillover effect, and R&D contribution ratio should be covered in the model. The focus of this article is technological and market uncertainty that has a close relation with strategic flexibility and utilization potential to increase the value of R&D programs. To improve the current linear and definitive R&D process, a new framework with strategic flexibility is suggested, in which the result of economic assessment that considers technological and market uncertainty is reflected in planning. That kind of feedback process is expected to enhance the value of the program/project as well as R&D efficiency.

Deduction for Key Uncertainty Factors for the Next-generation Convergence Service (차세대 컨버전스서비스 핵심불확실성요인 도출에 관한 분석)

  • Sawng, Yeong-Wha;Park, Sun-Young;Lee, Jung-Mann
    • Journal of Korea Technology Innovation Society
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    • v.12 no.1
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    • pp.212-236
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    • 2009
  • This study is an attempt to deduct environmental uncertainties facing next-generation convergence services, in four areas including customer, technology, service provider and regulation. We assess the level of residual uncertainty with regard to key environmental uncertainty factors, and conduct a scenario planning analysis. Based on the results of this analysis, we provide suggestions on market entry strategy for providers of this next-generation convergence service. The strategic assessment of six scenarios developed in this study, each with two levels of residual uncertainty (alternate futures and a range of futures) resulted in two key success factors (KSF), namely, customer demand trends and easing of advertising restrictions. Four types of strategic scenarios were then discerned, for each of which we present response capabilities that may be required of service providers, along with strategic suggestions. The results of this study are rich in implications for both policy-makers and regulators seeking ways to create and stimulate a convergence service market and prospective providers of next-generation convergence services, as they provide concrete tips related to market entry strategy, including efficient resource allocation, types of market entry and time-frames for entry.

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