• Title/Summary/Keyword: Financial Safety

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New Business Model Development Using 6 Sigma Methodology (6시그마 방법론을 이용한 신 비즈니스 모델 개발)

  • Sung, Ki-Wook;Yoo, Jae-Sung;Kim, Bong-Sun
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.237-247
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    • 2010
  • Global financial crisis at 2008 bring about the great change to the company itself and its environment. In these days, the company needs change to the ambidextrous organization, which have more efficiency processes also have more attractive products and services. Ambidextrous organization purse exploiting and exploration innovation program. For the existing process's incremental and rapid improvement, the exploiting innovation programs are used such as 6 Sigma program and so on. For the new business model's searching and developments, the exploration innovation programs are used such as blue ocean program and brainstorming and so on. In this paper is presented the new procedures, for the new business model development, combining exploration and exploiting innovation programs. To obtain the creative business ideas, various exploration methodologies are adopted based on 6 Sigma's methodology, The new procedures are applied to the venture company and examined its validity.

A Study on Standardization of the Electric Facilities for distribution & Translations - Focused on the Electric Facilities in Subway Stations - (수변전설비의 표준화에 관한 연구 - 지하철 역사전기설비를 중심으로 -)

  • Cho, Sung-Pil;Kang, Cha-Nyeong;Kim, Hak-Lyun
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.838-843
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    • 2006
  • In our modern society, such electric facilities as lighting, elevators, water supplies, drainages, waste water treatments and landscape lighting are being more enlarged, diversified and technology-intensive owing to outstanding technological development, while they require reliable and safe electricity. On the other hand, as more electric energy is consumed with more complicated systems operated, any accident from a personal electric system is likely to have wider spreading effects. In particular, the electric receivers and transformers installed for such public facilities as subway stations require highest safety, reliability and economy, but such requirements tend to be less considered than such financial requirements as budget conditions, much less their safety and reliability. In such a circumstance, this study was aimed at suggesting some standards for safe, reliable and economic subway electric systems in terms of their scale, location and uses. Specifically, this study put forwards the ways to optimize and standardize the electric systems including receivers and transformers for subway stations in order to make them safer, more reliable and economic.

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The Implication of the Policy on Traditional and Complementary and Alternative Medicine in Developed Countries (선진국의 보완대체의료 정책의 함의)

  • Han, Dong-Woon
    • Journal of Society of Preventive Korean Medicine
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    • v.12 no.3
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    • pp.141-155
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    • 2008
  • Traditional, complementary, and alternative medicine(CAM) constitutes a major source of health care in developing countries. Its therapies, products and practices are increasing used in industrialized countries, typically by around 50% of the population. However, controls on the provider of CAM services and supply and promotion of complementary medicines are weak in these countries. These trends evoke important public health questions relating to benefits and detriments, safety and quality from medical, financial, and social perspectives. In the western counties, investment in research is increasing, and some guideline is now available for ensuring their quality, efficacy, and safety according to the criteria of evidence-based medicine as legally demanded. National policies and legislation are being developed in many countries and often include partnerships between biomedical and traditional health practitioners. The purposes of the study were to review the policies on CAM, to examine the responses of the government to cope with use of CAM in industrialized countries. Lastly, some implications and recommendation are suggested.

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An Empirical Study on the Business Performance of the Self-Employed Creative Companies - Focused on the Relational Characteristics- (1인 창조기업의 경영성과에 대한 실증연구 - 관계적 특성을 중심으로 -)

  • Yuk, Heon-Young;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.17 no.3
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    • pp.297-306
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    • 2015
  • The purpose of this thesis is to contribute in establishing the objectives of government policies through an empirical analysis on the relational characteristics surrounding the self-employed creative enterprises under the current circumstances where the specific empirical studies on the self-employed creative enterprises haven't been performed. According to the result of verification, the social capitals such as reliability, reciprocity and network are necessary due to the characteristics possessed by the self-employed creative enterprises while the reliability between cooperative enterprises is created and the cooperative relationship continues when the enterprises are faithful to their intrinsic activities such as the improvement of productivity rather than the entrepreneur spirit. Such win-win cooperation was eventually shown as having a positive effect on the performance of enterprises.

A Study on the Efficiency Measurement of Vehicles by DEA Method (DEA에 의한 자동차 효율성 비교분석에 관한 연구)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2008.11a
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    • pp.189-199
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    • 2008
  • It is good to use DEA method as it can measure the efficiency without depending on a specific function like cost function. The method also finds out the most efficient group among the sample groups and gives us a specific number. For example, it shows what kind of factor of inefficient group gives how much input and produces how much output. Originally DEA, which was developed by Charnes, Cooper and Rhodes, allows us not only to measure the relative efficiency of Decision Making Units(DMUs) of non-profit organizations whose success cannot be measured by a single bottom-line figure such as profit but also to integrate several variables, which have different measuring scale, into a single model. Therefore we can use physical scales and financial scales simultaneously in the same model without any transformation process. In this study, price and measurable performance indexes of vehicles are used as input and outputs respectively. The purpose of this study is to propose an effective approach for evaluating the relative efficiency of vehicles and to determine the vehicles have high performance efficiency compared to product cost.

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Development of Korean Root Cause Analysis Software for Analyzing Patient Safety Incidents (환자안전사건 분석을 위한 한글 근본원인분석 소프트웨어 개발)

  • Choi, Eun-Young;Lee, Hyeon-Jeong;Ock, Min-Su;Lee, Sang-Il
    • Quality Improvement in Health Care
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    • v.24 no.1
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    • pp.9-22
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    • 2018
  • Purpose: The purpose of this study is to develop the Korean root cause analysis (RCA) software that can be used to systematically investigate underlying causes for preventing or reducing recurrence of patient safety incidents. Methods: We reviewed the existing guidelines and literatures on the RCA in order to figure out the RCA process. Also we examined the existing RCA softwares for investigating patient safety incidents to design the contents and interface of the RCA software. Based on the results of reviewing literatures and softwares, we developed a draft version of the Korean RCA software that can be easily used in Korean hospital settings by RCA teams. Results: The Korean RCA software consisted of several modules, which are modules for identifying patient safety incidents, organizing RCA team, collecting and analysing data, determining contributory factors and root causes, developing the action plans, and guiding evaluation. Conclusion: The Korean RCA software included optimized RCA process and structured logic for cause analysis. Thus even beginners in RCA are expected to easily use this software for investigating patient safety incidents. As software has been developed with the public financial support, it will be distributed free of charge. We hope that it will contribute to facilitating patient safety improvement activities in Korea.

A Study on Improvement Plan to Enhancing the Effectiveness of Technical Guidance Project for Safety Control of Small Construction Site (소규모건설현장 안전관리를 위한 기술지도 사업의 실효성 제고를 위한 개선방안 연구)

  • Lim, HyoungChul;Beak, NakKyu;Kim, DaeYoung;Jeong, SeongChoon
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.6
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    • pp.79-85
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    • 2018
  • The government and of the Safety and Health Corporation have continuously carried out safety activities such as supervision, inspection, technical guidance and financial support in order to reduce accidents on the construction site. However, the number of disasters on the construction site is increasing every year, Which accounts for more than 80% of the total number of casualties. It is necessary to investigate the implementation status of safety and health management in the field of small-size construction site, and to provide the appropriate technical guidance plan to the relevant work places. Also, it is necessary to reduce the disaster at the small-size construction site, The purpose of this study is Improvement Plan to Enhancing the Effectiveness of Technical Guidance Project for Safety Control of Small Construction Site.

A Study on the Management Model for Integrated System of Safety, Health and Environment (안전$\cdot$보건, 환경(SHE : Safety, Health & Environment)의 통합 관리모델 구축에 관한 연구)

  • Ko Jae Wook;Kim Sung Bin;Hong Jae Hun;Ryu Byung Tae;Seo Jae Min;Um Sung In
    • Journal of the Korean Institute of Gas
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    • v.6 no.1 s.17
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    • pp.24-31
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    • 2002
  • The enterprise are facing potential SHE(safety, health and environment) accident to cause casualties or a financial loss and increasing social responsibility. So, SHE management system has to be voluntarily accomplished rather than passively with regard to SHE regulation. In this study, KW_SHE(Kwangwoon Safety, Health and Environment) management model is developed which materialize self-regulation SHE management system of individual workplace by the research and analysis of many domestic enterprise. This KW-SHE management model is intend to assess work-product vs. management expenses investment and critically evaluated for studying its benefits and limitations

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A Design of AI Cloud Platform for Safety Management on High-risk Environment (고위험 현장의 안전관리를 위한 AI 클라우드 플랫폼 설계)

  • Ki-Bong, Kim
    • Journal of Advanced Technology Convergence
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    • v.1 no.2
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    • pp.01-09
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    • 2022
  • Recently, safety issues in companies and public institutions are no longer a task that can be postponed, and when a major safety accident occurs, not only direct financial loss, but also indirect loss of social trust in the company and public institution is greatly increased. In particular, in the case of a fatal accident, the damage is even more serious. Accordingly, as companies and public institutions expand their investments in industrial safety education and prevention, open AI learning model creation technology that enables safety management services without being affected by user behavior in industrial sites where high-risk situations exist, edge terminals System development using inter-AI collaboration technology, cloud-edge terminal linkage technology, multi-modal risk situation determination technology, and AI model learning support technology is underway. In particular, with the development and spread of artificial intelligence technology, research to apply the technology to safety issues is becoming active. Therefore, in this paper, an open cloud platform design method that can support AI model learning for high-risk site safety management is presented.

Development and Implementation of Extension Models Based on the Review of Cash Flow Models (현금흐름모형 고찰에 의한 확장모형의 개발 및 적용)

  • Choi, Sungwoon
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.435-448
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    • 2013
  • The aim of this study is to investigate and develop the extended models for Economic Cash Amount(ECA), Cash Break Even-Point(BEP), and Cash Flow Statement(CFS) by referencing systematic literature review in the field. The study develops three extended models to determine the optimal cash amount: ECA model with interest opportunity cost, financing transaction cost and financing fail cost, ECA model with daily cash supply and interest opportunity cost, ECA model with financing fail cost and interest opportunity cost. Earnings Before Interests, Tax, Depreciation and Amortization(EBITDA) is obtained by subtracting noncash depreciation costs from Earning Before Interest and Tax(EBIT), which is efficient metric to evaluate operating cash flow. The research also develops two extended Cash BEP models, considered as interest and corporate tax, in order to indentify the break-even point as EBITDA equals zero. Furthermore, this paper proposes the modified version of CFS by introducing the reclassification of operating and financing accounts in the statement of financial position. In addition, the study also present the reclassification of five types of profit, such as gross profit, EBIT, ordinary profit, special profit, and net profit within the statement of comprehensive income. In order to provide a better understanding of the proposed cash flow models, numerical examples, such as two-sample t test and Analysis of Variance(ANOVA), are presented to demonstrate the statistical significance according to the industrial types for net working capital(i.e cash-to-cash), net profit, operating cash flow and free cash flow.