• Title/Summary/Keyword: the performance

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Performance Management System for Benchmarking in Construction Companies

  • You-Jin, Jang;Moon-Seo, Park;Hyun-Soo, Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.935-941
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    • 2009
  • In competitive society, performance management is an essential element of business success. Despite the importance of performance management, it has not been widely implemented in construction companies. In the recent years, construction companies have become more aware of its need to identify, implement, and sustain performance improvements more systematically. Thus, the objective of this paper is to develop performance management system (PMS) for construction companies. The roles of performance management system is not only measuring performance but also offering guidance to improve performance. Therefore, PMS needs benchmarking process that provides Best Practice and new knowledge. This paper investigates the case of PMSs in UK, USA, Brazil, and Chile and discusses the lessons learned. To overcome the limitations of existing PMSs, new performance measurement framework, in form of 'Construction' BSC, is proposed. Based on the 'Construction' BSC, key performance indicators are derived and methodology of performance management is suggested. This paper concludes by developing PMS for benchmarking in construction companies and recommending some further directions on this research topic.

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Study on Antecedents and Consequences of Perceived Justice of the Performance Appraisals in Hospital Organization (병원 인사고과의 공정성지각 영향 요인에 관한 연구)

  • Lee, Chong-Hyo;Ahn, Sang-Yoon
    • Korea Journal of Hospital Management
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    • v.14 no.4
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    • pp.103-123
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    • 2009
  • The purpose of this study is to investigate antecedents and consequences of perceived justice of performance appraisals, which is classified as distributive and procedural justice, in hospital organization. The results of this study are summarized as follows. First, for distributive justice of performance appraisals, the influential factors are the pertinence of performance appraisal method, the opportunity of self-reporting, the availability of performance appraisal, and the feedback of performance appraisal. For the procedural justice of performance appraisals, they are the leadership style of performance appraisers, the ratee-rater exchange relationship, the pertinence of performance appraisal method, the opportunity of self-reporting, and the feedback of performance appraisal. Second, the perceived justice weakly affects outcome variables, organizational commitment and job satisfaction. By these results, the performance appraisal system needs to be changed in order to enhance distributive justice through the improvement of suitable methods of the performance appraisal, the opportunity of self-reporting, the availability of performance appraisal, and the feedback of performance appraisals. If it is difficult to increase the level of distributive justice due to the environmental restrictions in hospitals, the way to enhance the procedural justice more than the distributive one should be considered.

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A Study on the Information Technology Performance Evaluation Model (정보기술 성과 평가 모델에 관한 연구)

  • Choi, Gyun-Hyun;Nam, Ji-Young
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.28 no.3
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    • pp.121-132
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    • 2005
  • Nowadays, Information Technology(IT) has become one of the most critical managerial decision areas, because its role in the business practice tends to be more important and hence the amount of the investment in growing. Since there is no dominant and promising measure to evaluate the IT performance, the managements have difficulties on the decision process for IT investment. In this paper, we propose an IT performance evaluation model. The proposed model starts with finding the business performance evaluation areas and the corresponding KPIs, and then concentrates on the IT performance evaluation areas corresponding to the business performance evaluation areas. To extract the specific and reliable KPIs for the IT performance measure, we map the business performance evaluation areas into the corresponding IT performance evaluation areas and then combine and adjust these KPIs with the KPIs obtained from the experiential field interview. Finally, We present the complete model which has 11 business performance indices and 48 IT performance indices are completed.

The Relationship Between Sustainability, SCM Performance, and Financial Performance of Korean SMEs

  • Han, Neung-Ho;Choi, Doo-Won
    • Journal of Korea Trade
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    • v.26 no.2
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    • pp.84-99
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    • 2022
  • Purpose - This study carried out an empirical study of the impact of sustainability - which has been gaining attention as challenges are arising in supply chains based on existing trade networks due to the impact of the COVID-19 pandemic - on SCM performance and financial performance of Korean SMEs. The study seeks to propose a measurement model to enhance the SCM performance and financial performance of Korean SMEs and to identify the relationship between sustainability, SCM performance and financial performance to suggest implications to SMEs, governments, and relevant organizations. Design/methodology - Our Analysis established hypotheses that economic sustainability, environmental sustainability, and other factors related to sustainability have a positive impact on SCM performance and financial performance as well as SCM performance has a positive impact on financial performance, making empirical validations by utilizing Structural Equation Modeling based on data collected through survey from Korean SMEs. Findings - According to an empirical study, although environmental sustainability and economic sustainability among factors of sustainability had a positive influence on SCM performance, social sustainability did not have a statistically significant influence. Furthermore, it was learned that only economic sustainability had a positive influence on financial performance while SCM performance has a positive influence on financial performance. Originality/value - This empirical study explored the relationship between SCM performance and financial performance of Korean SMEs with a high tendency to depend on specific supply chains when the international trade network is in confusion and/or the global supply chain has collapsed. If Korean SMEs allocate management resources to the factors deducted from this study, they would be able to build more efficient supply chains and improve financial performance to improve sustainability.

A Study on the Diagnosis of Thermal Performance in the Steam Turbine for Generation (발전용 증기터빈 열성능 진단에 관한 연구)

  • Kim, Kwang-Hong;Hong, Eun-Kee;Hwang, Kwang-Won;Jang, Chul-Ho;Kim, Si-Moon
    • Proceedings of the KSME Conference
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    • 2007.05b
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    • pp.3236-3240
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    • 2007
  • This paper describes the results of steam turbine performance tests. The objectives of performance test is to exactly evaluate the degradation(decrease in performance) of the coal-fired steam turbine generator in order to provide plant information to help performance engineers identify problems, improve performance, and make economic decisions about scheduling maintenance and optimizing operation. To achieve these goals, the periodic thermal performance tests have been carried out since the initial operation period, 1997. We made the calculation program and guidelines for the tests and developed the performance index of the turbine cycle on the basis of the ASME PTC. By comparing the performance changes throughout the whole operation period, we confirmed the performance reliabilities of the turbine and its conditions.

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Process Performance Feedback and Quality Goal Setting as Sources of Process Restrictiveness and Behavior Guidance in Electronic Brainstorming

  • Jung, Joung-Ho
    • The Journal of Information Systems
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    • v.26 no.4
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    • pp.1-15
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    • 2017
  • Purpose Through the provision of real time performance information about who is contributing and who is not in Electronic Brainstorming, prior studies evidenced a significant performance gain. However, it has been observed that the quantity-based performance feedback alone does not have enough restrictiveness to guide the performance behavior throughout the idea generation session. We included the notion of goal setting into the process performance feedback mechanism in an effort to regulate performance behavior and to better understand why individuals in Electronic Brainstorming are not obtaining enough stimulation benefits in the group interaction process. Design/methodology/approach We had developed real-time visual process performance feedback and modified to include goal setting. This mechanism visually displays individuals' performances two-dimensionally (quality for each idea vertically and quantity of ideas horizontally along with their goals). As individuals' contributions accumulate, the mechanism reveals performance histories by connecting the sequence of ideas in a time-series format, telling stories of individuals' performances. Then, we compared the performance outcome from this study with the outcomes from two prior studies (i.e., Jung et al., 2010 and Jung, 2014). Findings The results showed that the inclusion of goal setting into the process performance feedback solved the issue in the previous study. That was the lower than expected magnitude of performance enhancement of process performance feedback when compared to that of quantity-based feedback. It appears that goals as a motivational technique provide standards for systematic self-evaluation, serving as a cue to regulate performance behavior by strengthening the linkage between effort and performance. Thus, goals seem to set up a self-fulfilling prophecy, preconditioning better performance. However, the outcome still showed that its performance magnitude is unsatisfactory because the outcome of this study turned out to be close to the outcome of just quantity-based performance feedback in Jung et al.'s (2010) study.

Selecting Optimum Management Practicesin Pre-construction Phase Considering Project Characteristics

  • Cha, Hee-Sung;Kim, Ki-Hyun;Ko, Young-Jin
    • Journal of Construction Engineering and Project Management
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    • v.2 no.1
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    • pp.1-4
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    • 2012
  • The importance of project performance management as an alternative for solving problems is rising, which are followed by the hardships of managing construction project in the construction industry. This research classifies and applies the improvements made by the operator's work, in order to apply factors of success on the construction project, as performance management factors. In addition, in order to predict the results reflecting the project characteristic of performance management factor un-improvable by the operator in the initial stage of construction, the effect of project characteristic to the performance was drawn by performance difficulty. Also, in order to improve the predicted performance, researches on setting valid best practices according to the performance territory through a correlation analysis between the best practices improvable through the operator's work, and the performance was made.

Performance Comparison Between Routing Protocols Based on the Correlation Analysis of Performance Metrics for AODV Routing Protocol (AODV 라우팅 프로토콜의 성능 매트릭들 간의 상관관계 분석에 기반한 라우팅 프로토콜들 간의 성능 비교)

  • Lee, Yun-Kyung;Kim, Ju-Gyun
    • Journal of Information Technology Services
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    • v.12 no.4
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    • pp.349-367
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    • 2013
  • In MANET, the AODV routing protocol with on-demand method has a problem in large control packet overhead. In order to improve this, we first need a comprehensive analysis of correlation between performance metrics and factors affecting the performance of AODV. Selected parameters based on this analysis make it enable to be a more accurate and fair performance analysis, as well as to reduce the time and effort when constructing a scenario for performance analysis. In this paper, various scenarios are configured to apply AODV by varying the values of factors affecting the performance with network simulator QualNet 5.0, and then the results are analysed using performance metrics proposed by IETF MANET working group. This paper also founds a correlation between performance metrics and factors affecting the performance for AODV routing protocol, choosing the values of factors that represent many of the most maximum and minimum values of each performance metrics, and proposes optimal simulation parameters for a more accurate performance evaluation of routing protocols with minimal scenario in experiments. Next, performance comparison of AODV, DSR and DYMO routing protocols based on the proposed simulation parameters is shown which provides a comparative analysis on the performance of on-demand routing protocols. Results of this paper could be very useful for the researcher or service provider who wants to find nice simulation environment or select a proper routing protocol.

공급사슬내 협업환경과 기업의 직.간접 성과

  • O, Se-Gu
    • Proceedings of the Korea Database Society Conference
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    • 2010.06a
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    • pp.235-247
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    • 2010
  • Introduction of ICE(Integrated Collaboration Environment) has a great effect on corporate performance. In particular, it is expected that information sharing and collaboration among transaction partners will be an important factor which mediates ICE and its performance. Under such a background, this research intends to identify the influence of ICE by manufacturing industry on corporate performance through role of the parameter of information sharing and collaboration. The result of this research may be summed up as follows: ICE promotes information sharing and collaboration among enterprises, it accelerates integration of supply chain network among enterprises and cooperation. In particular, ICE has a great effect on information sharing. And information sharing has a direct effect on collaboration and performance. However, when we classify corporate performance into the "performance due to introduction", which is direct performance, and the "overall performance", which is indirect performance, the result of this research is as follows: information sharing has a great effect on the performance due to introduction, but does not have a meaningful effect on indirect performance. On the other hand, collaboration does not have any effect on the performance due to introduction, but has a meaningful effect on the overall performance, which is indirect performance. It is necessary to study and analyze additional this result in future.

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Implementation of the Performance Information Integration Method for Multiple Performance measures (다수의 성과척도를 통합하는 방법의 적용사례)

  • 박창규
    • Korean Management Science Review
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    • v.16 no.2
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    • pp.109-123
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    • 1999
  • We have recognized that an organization should be viewed from a multifaceted perspective necessitating a sophisticated analytical and systematic approach to monitor and improve organizational performance. Although some performance measurement systems have been proposed and are currently being used in many organizations, no performance measurement system has presented a mechanism for integrating all of the information of performance measures in a way that considers relationships between them. This paper introduces the implementation of the performance information integration method(PIIM) which synthesizes all useful information of performance measures with consideration of the relationship and generates a single, global, organizational performance score. The PIIM was empirically validated by implementing in one of missouri Veterans Homes.

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