• Title/Summary/Keyword: Integration of Strategic Management

Search Result 137, Processing Time 0.025 seconds

A Proposed Self-assessment Framework for Measuring and Benchmarking Organizational Performance

  • Pun, Kit-Fai;Ho, Karis-Ka-Yan;Sun, Hong-Yi
    • International Journal of Quality Innovation
    • /
    • v.3 no.2
    • /
    • pp.57-73
    • /
    • 2002
  • Recent interests in total quality management (TQM) and business excellence (BE) had been fuelled with a range of national and regional awards. These awards are being increasingly used by organisations as part of the business improvement process and strategic benchmarking. This paper reviews the concepts and approaches of performance measurement (PM) and discusses the integration of PM with the TQM and BE philosophies. A TQM-BE-PM framework with a set of self-assessment checklists was developed. In order to complement the literature base with empirical evidence, an industry survey was conducted and a trial implementation of the framework was carried out in a leading manufacturing firm in Hong Kong. The self-assessment performance data of the fm was evaluated and then benchmarked with the industry averages obtained from the survey. This paper presents the empirical findings and discusses the applicability of the framework in measuring and benchmarking organisational performance toward continual improvement.

The Strategic Process of Merger and Acquisition (M&A) Market Using Integrating Change Management

  • KANG, Eungoo;NANTHARATH, Phouthakannha;HWANG, Hee-Joong
    • Journal of Distribution Science
    • /
    • v.18 no.6
    • /
    • pp.57-62
    • /
    • 2020
  • Purpose: The present study offers merger and acquisition (M&A) strategy based on prior studies to assist the organizational practitioners in two companies' cultures. In the analysis, a M&A plan to guide the evolving principles was created by present authors using change management model. Research design, data, and methodology: The successful M&A integration is setting goals, reconfiguring the cultural systems to align them with business goals. The employees must be involved, particularly with organizational change. Both companies also ought to undertake employee training following the resolving of worries and needs of employees. Finally, restructuring can include the moving of employees from areas where they may be struggling. Result: Discussing and trying to come to an agreement over which mode of acculturation would be most suitable in that particular state is the main focus. Practitioners of both Company A and Company B might find it much simpler to continue their focus and dynamism in the process of cultural integration. Conclusions: We believe that our approach adds an insight in the M&A literature. Managers at all levels of both organizations must take part in the process of M&A for both organizational cultures to come in sync and for change to take place.

The Strategic Performance Measurement of Sea Port: Supply Chain Management Perspectives (공급사슬관리 관점에서의 전략적 항만성과측정)

  • Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.38
    • /
    • pp.229-262
    • /
    • 2008
  • With the introduction of supply chain management concept, the nature of a firm is fundamentally changed. Control is no longer based on direct control of the business processes, but rather based on integration across member organizations in the supply chain. Firms are trying to achieve a competitive edge by managing their supply chain performance to gain advantages in cost and service differentiation. The supply chain elements of a sea port involves ILSP (Inbound Logistics Service Provider) at the input side and OLSP (Outbound Logistics Service Provider) at the output side. The goal of sea port is to satisfy the needs of different parties, both upstream and downstream, in the chain with greater effectiveness and efficiency than it's competitors. In this context, the purpose of this paper is to derive conceptualization of the SCP (Supply Chain Performance) in the sea port from literature review on the previous researches and to tackle their theoretical and practical implications. The paper deals with conceptualizing SCP in sea port using the SCOR (Supply Chain Operation Reference) model. It incorporates both the effectiveness and efficiency aspects of performance measurement. And it also recognizes customer related reasons for measuring performance.

  • PDF

Establishment of "A-PPNS", A Navigation System for Regenerating the Software Development Business

  • Sakai, Hirotake;Waji, Yoshihiro;Nakamura, Mari;Amasaka, Kakuro
    • Industrial Engineering and Management Systems
    • /
    • v.10 no.1
    • /
    • pp.43-53
    • /
    • 2011
  • Currently, knowledge within the field of software development is largely implicit and is not formally disseminated and shared. This means that there is little improvement and regeneration of processes, and knowledge gained from previous projects is not necessarily applied to new ones. In order to turn this situation around it is necessary to take an organized approach to sharing job-related information. For this study, the authors constructed "Amalab-Project Planning Navigation System, or A-PPNS", a system for organizing accumulated knowledge related to the field of software development. More specifically, A-PPNS is a business process monitoring system and consists of the following four elements: (i) Optimized estimate support subsystem, (ii) Schedule monitoring system, (iii) QCD optimization diagnostic system, and (iv) Strategic technology accumulation system. The effectiveness of this system has been demonstrated and verified at Company A, a system integration company.

CALS/EC Construction for Corporate Restructuring (IMF 극복을 위한 기업의 CALS/EC 구축방안)

  • Lee, Jang-Gyoon
    • Proceedings of the CALSEC Conference
    • /
    • 1998.10a
    • /
    • pp.27-43
    • /
    • 1998
  • Recently, most corporations in Korea need to construct new management system for overcoming economic crisis. Firstly, this paper suggests “Value Creation system”. Secondly, this paper suggests CALS as strategic substitute to achieve market efficiency, capital efficiency, personal efficiency, and operation efficiency, which are four critical factors of “Value Creation system”. Korean corporations should build new business model founded on cooperation by completing CALS system and reconstruct competitive management system by using knowledge and know-how accumulated in that process. Because most corporations keep exclusive corporate culture and little experience of cooperative relationship among businesses, strategic approaches are essential for construction of CALS. These are vertical integration, organization of CALS construction teams, concurrent development of product/process, CEO's iron will, Precise vision and strategies, and education/training of participant.

  • PDF

European Integration Processes for the Development of Future Foreign Language Specialists in the Information Society

  • Lazarenko, Natalia;Zadorozhna, Olga;Prybora, Tetiana;Shevchuk, Аndrii;Sulym, Volodymyr;Rudnytska, Nataliya
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.12spc
    • /
    • pp.427-436
    • /
    • 2021
  • The article reveals and theoretically substantiates the trends of foreign language teachers' professional training in universities of Ukraine in terms of European integration, which are systematized in three areas: macro-level (system of education), meso-level (universities) and micro-level (subjects of educational process). The article aims to substantiate the trends of foreign language teacher training in the context of European integration and the main directions of creative use of constructive ideas of European experience in the innovative development of education. The article lights up the system for improving foreign language teacher training in universities, which is based on updated goals, content and approaches to the implementation of basic concepts, principles and features of teacher training in European experience, enable us to improve the quality of teacher training, its competitiveness in the European labor market. In the article developed the conceptual model of strategic development of the university in the conditions of European integration. It is emphasized that information technologies provide great opportunities for the development of professional skills and intellectual potential of future professionals. At present, the computerization of the educational process in higher education institutions is considered as one of the first and most promising areas for improving the quality of education. The article offered directions of internationalization of educational activity of university in the conditions of European integration. Diagnostic tools for the development of the university in terms of integration into the European educational space, individual rating and ranking of structural units of the university have been developed; main directions of activity of the laboratory of the skill of the teacher of higher school and methodical recommendations on the creation and the organization of work of scientific laboratories.

Change Management Strategies For ERP System Based on Domestic Corporation Case Analysis (국내 기업 사례분석을 통한 ERP 시스템 변화관리 전략)

  • Kang, Tae-Gu;Jeong, Seon-Phil;Han, Dae-Mun
    • Journal of Korea Society of Industrial Information Systems
    • /
    • v.12 no.5
    • /
    • pp.211-218
    • /
    • 2007
  • Currently, many organizations introduce ERP system as a key enabler of business strategic accomplishment and it can improve productivity and efficiency of organizations by integration and managing enterprise resources. Already many organizations have introduce ERP system and the number of introduced ERP system is increasing steadily. Unfortunately, even though organizations have invested much money, previous studies showed the ERP systems had not always turned in good result. It is easy to find studies that suggest successful implementing strategies for ERP systems. Even if the importance of ERP change management has been emphasized, studies for change management are seldom. This study reviewed the previous literature on strategic use of change management in enterprise. In order to establish a successful implementation of ERP, this paper suggests proper solutions to conduct change management according to implementation phase with activity and output, especially analyzing successful organizations in implementing ERP system through consistent change management.

  • PDF

A study on integration for unifying and rearranging of distribution center (물류센터 통폐합을 통한 집약화 연구)

  • Lee, Joo-Hang
    • Journal of the Korea Safety Management & Science
    • /
    • v.10 no.4
    • /
    • pp.241-245
    • /
    • 2008
  • Every single company in the world makes a huge amount of effort so as to not only cut down the physical distribution cost but promote the efficiency. In the government's respect, especially, they expect to maximize the synergy by unifying the physical distribution. For that reason, it relevant for all kinds of a distribution strategy to get rid of unnecessary distribution centers and to integrate distribution centers by unifying and rearranging the distribution centers that are hardly efficient. Most enterprises in Japan, related to making and distributive, have got a tendency to decentralize their distribution centers in a wide scope of the whole nation. In the meantime, they seem to get a move to become a great-sphere distribution center. Many similar cases in Korea, Koon-Po distribution center, Yong-In distribution center, are not expected to function properly. With a rate of trading products expanded, a new strategic physical distribution is needed to turn the way of depending on building up a new distribution center into the way of unifying and rearranging a distribution center. Therefore, this study aims to identify the optimal method of unifying and rearranging a distribution center, compared to the cost which takes place in a large number of distribution centers.

The Effect of Success Factors on SCM Performance in Fashion Industry Stream (패션산업 스트림에 따라 SCM 성공요인이 SCM 성과에 미치는 영향연구)

  • Choi, Jin-Hyeok;Shin, Sang-Moo
    • Journal of Fashion Business
    • /
    • v.16 no.2
    • /
    • pp.12-26
    • /
    • 2012
  • Fashion industry characteristically goes through many steps to manufacture and to retail apparel products. Complex inter-industry channels with many intermediaries in fashion industry provoked many problems regarding recognizing customer's need, delivering time, flexibility, and inventory control. Therefore, the purposes of this study were to investigate the differences between apparel manufacturing and distribution process in SCM success factors and performances, and to investigate how SCM success factors affect on performances. Questionnaire was developed and distributed to apparel industry. The returned 116 questionnaires were analyzed by Cronbach's alpha for internal validity, factor analysis, t-test, and regression analysis with SPSS14.0. The results of this study were as follows: There was significant difference of SCM success factors between apparel manufacturing and distribution regarding process standardization and integration. There were significant differences of SCM performances such as reaction for customer, flexible management, cost minimization, and maximized asset utilization which distribution was higher than apparel manufacturing process. In apparel manufacturing, SC strategic relation, and integrative management influenced upon reaction for customer of SCM performances. SC integrative management influenced upon cost minimization. SC integrative management influenced upon maximized asset utilization. In distribution, SC strategic relation, and activated support for SCM influenced upon reaction for customer of SCM performances. SCM specialization, credible relationship among supply chains, activated support for SCM, and SC integrative management influenced upon cost minimization. SCM specialization, credible relationship among supply chains, and SC integrative management influenced upon maximized asset utilization.

An Empirical Study on Situational Factor of ERP Introduction

  • Yim, Ki-Heung;Chong, Min-Yeong;Ra, Jong-Hei
    • Journal of Digital Convergence
    • /
    • v.5 no.1
    • /
    • pp.9-15
    • /
    • 2007
  • In today's dynamic and turbulent business environment, in order to become globally competitive, many companies are trying to get closer to the customer and deliver value added product and services in the shortest possible time which demands integration of business processes of an enterprise, Enterprise Resource Planning (ERP) is such a strategic tool, which helps the company to gain competitive edge by integrating all business processes and optimizing the resources available. This paper throws light on how ERP evolved, what makes up an ERP system and what it has to offer to the industries. The paper includes the role of ERP, perception of ERP value, ERP plan and direction. The author also argues checkpoints as a preview to ERP introduction.

  • PDF