• Title/Summary/Keyword: Performance Industry

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A Framework of the Comparable Performance Measurement in the Construction Industry (비교가능한 건설산업의 성과측정 Framework)

  • Yu Il-Han;Kim Kyung-Rai;Jung Youngsoo;Chin Sangyoon;Kim Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.5 s.21
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    • pp.172-182
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    • 2004
  • The performance measurement system of a company is an important tool to evaluate business result, to manage human resource and to achieve strategic management goals. Until 1990's, the performance in most of companies had been measured by financial perspectives. Recently non-financial perspectives with various and balanced view points are used. In the construction industry, the same situation is happened. However, effective tools are not developed yet. Therefore, this research proposes a framework of the comparable performance measurement in the construction industry. This framework is based on concept of the balanced scorecard(BSC) and prepared respectively for owner, contractor and architect/engineer Using this framework, it is possible to compare performance of a company with each other and to benchmark the best performance.

Developing Measurement System for Key Performance Indicators on Building Construction Projects (건설 프로젝트 효율적 성과관리를 위한 핵심 지표 체계 구축)

  • Cha, Hee-Sung;Kim, Tae-Kyoung
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.4
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    • pp.120-130
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    • 2008
  • In construction industry, project performance should be evaluated in terms of project value objectives, i.e., cost, time, quality, safety, and environment. However, there have been few, if any, systematic approaches in assessing comprehensive performance level which encompasses the whole spectrum of project value objectives. It is non trivial to establish the standardized performance metric system due to the project individualities. This study provides a new approach in assessing the wide variety of project performance types by collecting the real industry project data. In addition, the proposed system has been validated through industry survey on project practitioners. It is concluded that the developed quantitative project performance measurement system would be effectively useful in indicating the level of current status of a particular project and furthermore, to provide a meaningful strategy for the future project in a more sustainable way.

An Study on the Small Business Investment Policy for Increasing a Competitive Power (중소기업의 경쟁력 제고를 위한 투자 전략 방안(제조업 분야를 중심으로))

  • 김신중
    • Journal of the Korea Society of Computer and Information
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    • v.6 no.3
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    • pp.102-112
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    • 2001
  • The purpose of this study is to suggest a direction of a investment policy to increase a competitive power for small firms. For this purpose, several hypothesis are established and tested (1) Whether the small firm's management resources and performance are different among industries\ulcorner (2) What resurces affect on the business performance\ulcorner (3) Whether the firm's management resources which affect the performance are different among industries\ulcorner (4) Whether the firm's resources level are different between high performance group and low performance group in same industry\ulcorner For the empirical study, the data is obtained from 1,338 small firms in Korea manufacturing industries. The results of this study are (1) the level of firm's management resources and performance are different among industries and (2) the management resources which affect the performance are different according the industry. And (3) the management resources level are different according to the firm's performance level in some industry.

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Do Teams Perform Better than Singles? : Evidence from the Mutual Fund Industry in Korea

  • Kim, Jee-Hyun
    • The Journal of Industrial Distribution & Business
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    • v.9 no.1
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    • pp.9-23
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    • 2018
  • Purpose - The purpose of this paper is to investigate the potential benefits or detriments of team management on fund performance in the mutual fund market. An additional purpose of this study is to examine the optimal number of managers in a fund industry for superior performance. Research design, data, and methodology - This paper investigates the effect of managerial structure on fund performance in the Korean active mutual fund market between 2001 and 2008. For this, we analyze two risk-adjusted performances measures- the capital asset pricing model (CAPM) and the three-factor model of Fama & French (1993). Results - First, we found that single-managed funds exhibited superior performance. Second major finding was that as the number of managers in a fund increases, the fund performance deteriorates. Finally, the results reveal that the sharpest performance drop occurs when team size increases from a 5-person team to a 6-person team. Conclusions - The results suggest that the management structure can be a source of competitive advantage for fund performance. As considering fund performance is the outcome of managers' decision-making, this study contributes to not only the financial literature but also the literature in other areas, such as management and general business.

A Study on the Effects of Wage Data Design Scheme on Customer Satisfaction and Turnover Reduction : Focusing on the Case of TASTE FITNESS (조직 내 임금 데이터 설계가 고객만족 및 이직률 감소에 미치는 영향: TASTE FITNESS 사례를 중심으로)

  • Kim Jinsu;Kim Sunggun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.20 no.3
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    • pp.101-115
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    • 2024
  • Compensation plays an important role in increasing the satisfaction of organizational members and reducing turnover. A balanced approach including competitive base salary and performance-based compensation can meet the financial and psychological needs of members, creating more dedicated and satisfied organizational members. From this perspective, this study was conducted on the impact of trainers' performance-based compensation system on customer satisfaction and turnover rate, focusing on TASTE FITNESS. TASTE FITNESS established differentiated compensation and performance-based compensation system based on performance-based compensation for each job group of counselors, managers, and trainers working within the organization, and confirmed that this led to the turnover rate of organizational members and customer satisfaction. However, a more efficient and satisfactory compensation system can be established by supplementing the stability of performance-based compensation, supporting the initial entry stage, diversifying performance-based compensation, and strengthening long-term performance-based compensation. This is an issue that should be considered not only by TASTE FITNESS but also by all similar industries.

Performance Improvement through the Remanufacturing Process Analysis of Industrial Hydraulic Pumps (산업용 유압펌프의 재제조 공정분석을 통한 성능개선)

  • Park, Sang Jin;Son, Woo Hyun;Lee, Kyu Chang;Mok, Hak Soo
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.2_2
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    • pp.181-189
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    • 2020
  • As production, distribution, consumption and processing increase with the development of industrial societies, the importance of resource depletion and environmental problems is increasing day by day. This has led to increased research and interest in remanufacturing that can satisfy both environmental and economic aspects. Currently, the remanufacturing industry is progressed in Korea with automobile parts with as the central figure, and it needs to be expanded into various areas. In this study, the failure type analysis and FMEA were performed on the hydraulic pumps used in construction and industrial sites for the development of the standard remanufacturing process plan, and the actual disassembly and reassembly process was carried out. Remanufacturing products were manufactured through the analysis contents and drawing process, performance tests were conducted in accordance with RS B1501 criteria to evaluate performance, and all of these products passed the test criteria.

The Effects of Relationship Marketing Factors and Relationship Quality on Relationship Performance in Cosmetics Industry (화장품산업의 관계마케팅 요인과 관계품질이 관계성과에 미치는 영향)

  • Kim, Eun-Suk;Cho, Kyoung-Won
    • The Korean Journal of Health Service Management
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    • v.7 no.3
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    • pp.45-55
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    • 2013
  • Cosmetic products are high value-added ones, and characterized by short life-cycles and income elasticity. Since most cosmetic products are procured through consults with salespersons, it is necessary to have detailed knowledge about basic cosmetics. In this paper, a possible relationship marketing strategy is suggested using the results of examining the effects of relationship marketing factors and relationship quality in cosmetics industry. The findings of this research can be summarized as follows. In order to examine the effects of relationship marketing factors and relationship quality on satisfaction which is a relationship performance, and the willingness to procure it again, this paper executed multiple regression analysis. The typical findings of this paper are as follows. The higher the specialty is, the better the brand image is, the higher customization and trust with customer are, the higher satisfaction and willingness to buy it again get. The analysis of relative influences of sub-factors revealed that trust was the strongest factor. In this paper, by revealing the effects of relationship marketing factors and relationship quality on relationship performance, empirically suggested the results which show the same findings as those of previous researches. This result can be a method to establish systematic education systems in places selling basic cosmetic products and in cosmetics companies.

In-line Skate Clothing Interest of In-line Skaters(I) (인라인스케이터의 인라인스케이트 의복흥미(I))

  • Kim, Young-Ran;Yoo, Tai-Soon;Jo, Ki-Yeu
    • Fashion & Textile Research Journal
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    • v.6 no.4
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    • pp.440-446
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    • 2004
  • The purpose of this study was to classify the In-line skate clothing interest of in-line skaters according to in-line skate involvement. The questionnaire was administrated to 124 male, 96 female in-line skaters aged over 20 living in Daegu. Data were analyzed by using Frequency, Factor analysis, One-way analysis of variance, Duncan test, T-test, Correlation analysis. The results of this study can be summarized as follows ; The factor of in-line skate clothing interest of in-line skater were classified into 5 factor, expression orientation, performance enhancement, information dependence, anti deviation, individual assertion. The in-line skate clothing interest, men have interests in performance enhancement, women have interest in individual assertion. The more experience of in-line skate they have. the more interest in performance enhancement they want. High involvement in-line skater have high cloth interesting of sub-factors which are expression orientation, performance enhancement and individual assertion etc. As a result, we need more deliberate marketing strategies for the experience degree, involvement degree and women in-line skater then men.

The Relationship between Department Store Sales Person's Perception of Ethical Management and Their Job Performance (백화점 판매원의 기업윤리에 대한 지각과 직무성과의 관계)

  • Chun, Tae-Yoo;Park, No-Hyun
    • Fashion & Textile Research Journal
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    • v.10 no.6
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    • pp.873-881
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    • 2008
  • The purpose of this study is to examine the effects of sales person's perception of ethical management on job performance in department stores. Sales person's perception of ethical management consists of such things as fairness, looking for short-term profits and observing the rules. Job performance consists of such things as sales person's organizational commitment, Sales person's service delivery level, rational operations, and participational attitude. For these purposes, the author developed several hypotheses. The data was collected from 435 sales person's in department stores. The results of this study are as follows: First, fairness, looking for short-term profits, and observing the rules had a significantly positive effect on sales person's organizational commitment. Second, fairness and observing the rules had significantly positive effect on sales person's service delivery level. Third, fairness had a significantly positive effect on rational operation. Fifth, looking for short-term profits and observing the rules had significantly positive effect on participational attitude. At the end of this paper, limitations, further research directions, and implications are suggested.

Exploratory Analysis Of Performance On ChungNam TechnoPark (테크노파크 역할에 대한 탐색적 연구: 충남 TP성과분석을 중심으로)

  • Lee, Sang-Baig;Kim, Hyun-Goo;Han, Junghee
    • Journal of Industrial Convergence
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    • v.14 no.1
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    • pp.15-25
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    • 2016
  • A technopark is an industrial and technological complex where personal, material and technological resources, scattered to businesses, academic institutions, research facilities and governments are gathered into a single place. Technopark's role is facets. The aim of this study is to offer new policy services for firms by utilizing the exploratory methodology for Chungnam Technopark's performance for three year (2011 ~2013). Through the findings, this study suggests that policy support for firm's growth in Chung Nam Region have been effective and fruitful in terms of total sale and increase of employees. But, technological performance measured by patents has not enough to catch the innovation. Chungnam Technopark should be more focused on technological policy supports including R&D as well as commercialization. Ultimately in order to have sustainabilities for own firm's growth, firms should keep going on ceaseless create the new technological performance. In that sense, for regional specific industry Technopark's role has been critical for not only firm's current growth but firm's innovation competency.

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