• Title/Summary/Keyword: 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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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.

The Effects of Job Crafting on Task and Contextual Performance: Focusing on the Mediating Effect of Work Engagement

  • JIANG, Feng;WANG, Li;YAN, Lei
    • The Journal of Industrial Distribution & Business
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    • v.13 no.5
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    • pp.27-40
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    • 2022
  • Purpose: Research on job crafting has thus far focused on how alter job demand and resources behaviors relate to employee task performance. However, job crafting behaviors do not necessarily have an impact only on task performance, but also on employees' contextual performance, a phenomenon that has little research in job crafting research. Therefore, this study aims to investigate the effect of job crafting on task performance or contextual performance and the mediating effect of work engagement between them in the Chinese context. Research design, data and methodology: In order to achieve the above research goals and test the proposed hypotheses, we used a cross-sectional design and a self-administered questionnaire to collect quantitative data from September 8, 2021 to September 27, 2021 among knowledge workers in Shandong Province various financial companies and finally analyzed 211 questionnaires. Descriptive statistics and research model analysis were performed using SPSS 25.0 Version and AMOS 27.0 Version to test the developed hypotheses. Results: The results are as follows; firstly, the study showed that job crafting of employees had a significant positive impact on task performance and contextual performance. Secondly, the higher job crafting of employees, the higher their work engagement. Thirdly, this study showed that work engagement of employees had a positive impact on task performance and contextual performance. Fourthly, we predicted and found that work engagement of employees had a positive mediating effect between job crafting and task performance and a positive mediating effect between job crafting and contextual performance. Overall, this study showed that the proactive job crafting behaviors of employees enhance their engagement for their work, which in turn improves task performance and contextual performance. Conclusions: This paper develops job crafting research by exploring the positive impact of job crafting on employees' task performance or contextual performance through their work engagement. It also proposes that both job crafting behaviors and work engagement are important approaches to improve employees' task performance or contextual performance. Practical implications for organizations, such as increasing employee' work engagement, as well as the limitations and suggestions are concluded for the future research directions.

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.

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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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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Condition Parameter-based On-line Performance Reliability (상태 파라메터 기반의 온라인 성능 신뢰도)

  • Kim, Yon-Soo;Chung, Young-Bae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.103-108
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    • 2007
  • This paper presents the conceptual framework for estimating and predicting system's susceptibility to failure as function of condition parameter value which is representing the current status of performance measure using on-line performance reliability. The performance of such system depends on one parameter with a probability distribution that degrades with time gracefully. Performance reliability represents the probability that physical performance will remain satisfactory over a finite period of time or usage cycles in the future. An empirical physical performance function is constructed to incorporate explanatory variables (operating and environmental conditions) over a time or usage dimension. This function enables one to model device performance and the associated classical reliability measures simultaneously, in the performance domain and time domain. The conditional performance reliability structure developed represents a tool to predict system performance over time or usage for next usage period. By enabling such a framework, it can bring us more efficient planning and execution in system's operation control as well as maintenance to reduce costs and/or increase profits.

Analysis on Results evaluated by "Housing Performance Grading System" in Korea (주택성능등급 인정 사례의 부문별 평가 결과 분석)

  • Lee, Sung Ok
    • KIEAE Journal
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    • v.10 no.6
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    • pp.55-66
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    • 2010
  • The government is enacted "Housing Performance Grading Indication System" from qualitative housing supply policy and performance of housing under the background of looking for new plan to secure good housing stock and housing performance. This system consists of 5 main performance section, 14 performance categories and 20 detailed performance items. 5 main performance parts are sound insulation related grading(Light-weight impact sound insulation, heavy-weight floor impact sound insulation, noise emission in bathroom, airborne sound insulation for wall between units), Long-life housing related grading(flexibility, remodeling & maintenance, durability), environment related grading(landscape, indoor air quality and ventilation, energy performance), Living environment related grading(common resident facilities such as playground and consideration for the socially underprivileged such as the aged), Fire fire prevention grading(fire fire prevention). The purpose of this research is to analyze characteristics and assessment results of 20 detailed performance items on "Housing Performance Grading Indication System" which was enforced 240 cases from Jan 9th, 2006 to Sep 30th, 2010. The analysis of approval condition of detailed performance items will be important comments for understanding the current domestic level and development of technology.

Analyzing the impact of Consultant and Project Manager Competencies on Business Performance Mediated by Consulting Performance (컨설턴트 역량과 프로젝트 관리자 역량이 컨설팅 성과를 매개로 경영성과 간의 구조적 관계분석)

  • Rok Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.231-240
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    • 2023
  • This empirical analysis investigates the impact of consultant competency and project manager (PM) competency on business performance. Two hundred and twenty four chief executive officers and executive members at small and medium sized firms in the manufacturing sector were surveyed, yielding several outcomes. First, consultant competency positively affects consulting performance. Second, consultant competency positively affects business performance. Third, PM competency does not have a significant influence on consulting performance. Fourth, PM competency does not have a significant impact on business performance. Fifth, consulting performance does not have a significant effect on business performance. Finally, regarding the mediation effect of consulting performance on the influence of consultant competency and PM competency on business performance, consulting performance had no significant impact. Thus, expertise and insight are crucial for a consulting business to enable the growth of professional consultants. Furthermore, this study is expected to enhance the consulting performance of small and medium sized manufacturing firms by providing useful data to consultants and project managers when carrying out consulting projects.

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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