• Title/Summary/Keyword: strategy formulation

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The Use of Fuzzy Cognitive Maps for Manufacturing Strategy Formulation (모호인식도를 이용한 생산전략의 수립)

  • 김연민
    • Journal of the Korea Society for Simulation
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    • v.3 no.2
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    • pp.37-47
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    • 1994
  • This paper examines the use of fuzzy cognitive maps to help understand manufacturing strategy processes. This technique is illustrated through a case study of a manufacturing strategy formulation. Advantages of fuzzy cognitive maps are highlighted by comparing the level of understanding before and after the technique was used. The merit from the use of fuzzy cognitive maps for manufacturing strategy formulation is also discussed. (Manufacturing Strategy Formulation, Fuzzy Cognitive Map, Strategy Process Model, Feedback)

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Testing the Andrews Framework of Strategy Formulation and Implementation: Case Study of the University of Cape Coast Digital Library in Ghana

  • Adzobu, Nesba Yaa Anima
    • International Journal of Knowledge Content Development & Technology
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    • v.4 no.2
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    • pp.49-65
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    • 2014
  • This paper investigates how strategy formulation and implementation processes used by the University of Cape Coast (UCC) in building its digital collections compare with the Andrew's strategic formulation and implementation theoretical framework. Theory-testing case study methodology was used. The data collection instruments were the key informant interview technique and document reviews. During the formulation phase, two aspects (resources and aspirations of senior management) were emergent. During the implementation phase, five aspects (achieving results, processes and behaviour, standards, motivation, personal) were emergent. All other elements of building the UCC digital collections were planned during both the formulation and implementation phases. Although the emphasis on students and learning is laudable and apt, there seems to be lack of focus on research support beyond digital collection building, despite the fact that research excellence is one of the UCC's key priorities. Opportunities exist for improving feedback mechanisms between the users, digital library staff and the university management; and inclusion of social media tools in the digital library project. Since only the experience of a single institution of higher learning is considered, it cannot be definitively stated that strategy formulation and implementation will be similar in every institutional context. However, the results provide a basis for academic digital libraries to draw lessons from this case. In African public universities, there is little earlier research on strategy formulation and implementation in digital library management. Strategy formulation and implementation is a critical issue for higher education academic libraries especially in developing countries like Ghana, due to limited financial resources and the rapid change in the information environment during the last several decades.

Query Formulation for Heuristic Retrieval in Obfuscated and Translated Partially Derived Text

  • Kumar, Aarti;Das, Sujoy
    • Journal of Information Science Theory and Practice
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    • v.3 no.1
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    • pp.24-39
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    • 2015
  • Pre-retrieval query formulation is an important step for identifying local text reuse. Local reuse with high obfuscation, paraphrasing, and translation poses a challenge of finding the reused text in a document. In this paper, three pre-retrieval query formulation strategies for heuristic retrieval in case of low obfuscated, high obfuscated, and translated text are studied. The strategies used are (a) Query formulation using proper nouns; (b) Query formulation using unique words (Hapax); and (c) Query formulation using most frequent words. Whereas in case of low and high obfuscation and simulated paraphrasing, keywords with Hapax proved to be slightly more efficient, initial results indicate that the simple strategy of query formulation using proper nouns gives promising results and may prove better in reducing the size of the corpus for post processing, for identifying local text reuse in case of obfuscated and translated text reuse.

A Strategy of Improved Formulation Development in Pharmaceutical Industry

  • Shin, Hee-Jong
    • Proceedings of the PSK Conference
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    • 2003.10a
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    • pp.44-46
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    • 2003
  • Although Cyclosporin A (CsA) is a powerful immunosuppresant with little adverse effect on the bone marrow, CsA administered orally in the general formulation cannot obtain high bioavailability due to its poor aqueous solubility. To improve the solubility and enhance the bioavailability of poorly water-soluble CsA, many different approaches have been made in our laboratory. (omitted)

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An Energy Efficient Algorithm Based on Clustering Formulation and Scheduling for Proportional Fairness in Wireless Sensor Networks

  • Cheng, Yongbo;You, Xing;Fu, Pengcheng;Wang, Zemei
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.2
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    • pp.559-573
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    • 2016
  • In this paper, we investigate the problem of achieving proportional fairness in hierarchical wireless sensor networks. Combining clustering formulation and scheduling, we maximize total bandwidth utility for proportional fairness while controlling the power consumption to a minimum value. This problem is decomposed into two sub-problems and solved in two stages, which are Clustering Formulation Stage and Scheduling Stage, respectively. The above algorithm, called CSPF_PC, runs in a network formulation sequence. In the Clustering Formulation Stage, we let the sensor nodes join to the cluster head nodes by adjusting transmit power in a greedy strategy; in the Scheduling Stage, the proportional fairness is achieved by scheduling the time-slot resource. Simulation results verify the superior performance of our algorithm over the compared algorithms on fairness index.

AN EFFICIENT ALGORITHM FOR FINDING OPTIMAL CAR-DRIVING STRATEGY

  • Farhadinia, Bahram
    • Journal of applied mathematics & informatics
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    • v.30 no.1_2
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    • pp.1-14
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    • 2012
  • In this paper, the problem of determining the optimal car-deriving strategy has been examined. In order to find the optimal driving strategy, we have modified a method based on measure theory. Further, we demonstrate that the modified method is an efficient and practical algorithm for dealing with optimal control problems in a canonical formulation.

A Study on the Strategic Management of University Library (대학도서관 경영전략에 관한 연구)

  • 박인웅
    • Journal of Korean Library and Information Science Society
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    • v.30 no.3
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    • pp.97-116
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    • 1999
  • The purpose of this paper is to develop a model of the strategic management of university library in Korea. The model from this study is summarized as follows: 1. External environment is divide into opportunities and threats. 2) Internal environment is divide into strengths and weakness. We can formulate a management strategy on the basis of library environment element from environment analysis and library situation. 2. Formulation of strategic management are formulated through three stages. 1) Library strategy: $\circled1$Growth strategy $\circled2$Stability $\circled3$Retrenchment 2) Business(competition) strategy 3) Functional strategy: $\circled1$Material organization strategy $\circled2$Collection strategy $\circled3$Reference service strategy $\circled4$Human resource management strategy $\circled5$marketing strategy 3. Implementation of strategic management 1) The chief of strategy implementation 2) Programs, budgets and procedures 3) Structure and strategy implementation 4) culture and strategy implementation 4. Evaluation and control of strategy implementation.

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A Study on the Factors Affecting Organizational Innovation Behavior of SMEs: Focused on the Moderate Effect of Work Experience and Rank (중소기업의 혁신행동에 영향을 미치는 요인에 관한 연구: 근무경력과 직급의 조절효과를 중심으로)

  • Kim, In Kwon;Kang, Shin Kee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.4
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    • pp.75-89
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    • 2019
  • In the case of SMEs, entrepreneurship that organizes only core functions with the minimum number of people is increasing, and a responsibility management system focusing on core functions is emphasized, so that the interest in innovation behavior and survival strategy of enterprises is getting bigger. However, in the case of SMEs, it is not easy to pursue continuous innovation due to lack of capital and lack of professional manpower. The purpose of this study is to investigate the effect of SME on innovation behavior by selecting exploratory study and literature study for SMEs. The data for this study were 545 out of the total 600 copies distributed to employees in SMEs. The data were analyzed using SPSS 21.0 and amos18.0. First, product diversification, strategy formulation, and R & D have a significant effect on innovation behavior, and market diversification has no effect on innovation behavior. Second, working variables such as product diversification, market diversification, strategy formulation, and R & D do not control the influence of innovative behavior on innovation behavior. Third, the rank variable, which is the controlling variable, controls the magnitude of the effect of product diversification, market diversification, strategy formulation, and R & D on innovation behavior. As a result, corporate managers should lead the organization in order to promote product diversification, market diversification strategy, R & D and innovation activities. After discussing the conclusions and implications of this study, this study presented the direction of the research for the follow-up study.

The study on the Diagnosis of SMEs Innovation Capability for the Value Innovation and Innovation Strategy -Focused on the Utilization of the VIQ(Value Innovation Quotient)- (중소기업의 가치혁신역량진단과 혁신전략 설정에 관한 연구 -가치혁신툴(VIQ)의 활용을 중심으로-)

  • Lee, Won-Il
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.3
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    • pp.1824-1831
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    • 2015
  • This study diagnosed the innovation capability of SMEs by utilizing the VIQ(Value Innovation Quotient) and deduced the innovation strategy. VIQ is the diagnosis tool for measuring the innovation capability of the SMEs focusing on the value innovation. SMEs can utilize this tool for diagnosis and deduce the innovation strategy. This study selected the high-growth venture company- K company and analyse it and deduced the innovation strategy. Innovation strategy can be as follows; Firstly, agile strategy formulation tool such as business intelligence and scenario planning should be adopted for the flexible business planning. Secondly, speedy decision making process should be made. Thirdly, open communication and empowerment process should be made. This paper can present the method of evaluating and diagnosis of value innovation capability of SMEs and innovation strategy formulation process.

Formulating Blue Ocean Strategy to Revitalize a Regional Industry : A Case of Rafting Industry in Korea (지역산업 발전을 위한 블루오션전략 수립 : 래프팅산업에의 적용 사례)

  • Park, Kyung-Min
    • Korean Management Science Review
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    • v.26 no.1
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    • pp.7-20
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    • 2009
  • The framework of "blue ocean strategy (Kim and Mauborgne, 2005)" applies to not only business firm level but also region or regional industry level. The paper suggests an approach of survey-based blue ocean strategy formulation. The result from survey on customer group and non-customer group gives information on positions of value curves for regions on strategy canvas and hints on how to reposition the focal region's value curve for both increases in value for customers and decreases in cost for local government, i.e., value innovation. In the context of rafting industry in Korea, this study shows the process how blue ocean strategy can be formulated with results from the survey on customers and business people in rafting industry. Relative positions of value curves on strategy canvas and importance scores for strategy elements provides the local government in region A with implications on which elements to raise or to reduce to create "blue ocean" in rafting industry under fierce inter-region competition.