• 제목/요약/키워드: Performance-based Pay Design

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Design of Input Filters Considering the Stability of STATCOM Systems

  • Zhao, Guopeng;Liu, Jinjun;Han, Minxiao
    • Journal of Power Electronics
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    • 제11권6호
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    • pp.904-913
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    • 2011
  • Previous publications regarding the design and specifications of input filters for STATCOMs usually deal with the input filter only, and seldom pay any attention to the influence of the input filters on the performance of the STATCOM systems. A detailed analysis of the influences of input filters on the stability of STATCOM systems and the corresponding design considerations are presented in this paper. Three types of input filters, L filters, LC filters, and LCL filters, are examined separately. The influences of the parameters of input filters on system stability are investigated through frequency domain methods. With direct current control taken as the major control strategy for the STATCOMs, the different situations when adopting different current detection points are covered in this analysis. A comparison between LC filters and LCL filters is also presented with optimized filter parameters. Based on the analysis, the phase margin, as one of the design considerations for the different types of input filters under different current detection schemes, is discussed. This leads to filter parameters that are different than those of the traditional design. Hardware experimental results verify the validity of the above analysis and design.

Analysis and Design of the Interface Inductor and the DC Side Capacitor in a STATCOM with Phase and Amplitude Control Considering the Stability of the System

  • Zhao, Guopeng;Han, Minxiao;Liu, Jinjun
    • Journal of Power Electronics
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    • 제12권1호
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    • pp.193-200
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    • 2012
  • Previous publications regarding the design and specifications of the interface inductor and the DC side capacitor for a STATCOM usually deal with the interface inductor and the DC side capacitor only. They seldom pay attention to the influences of the interface inductor and capacitor on the performance of a STATCOM system. In this paper a detailed analysis of influence of the interface inductor and the DC side capacitor on a STATCOM system and the corresponding design considerations is presented. Phase and amplitude control is considered as the control strategy for the STATCOM. First, a model of a STATCOM system is carried out. Second, through frequency domain methods, such as transfer functions and Bode plots, the influence of the interface inductor and the DC side capacitor on the stability and filtering characteristics of the STATCOM are extensively investigated. Third, according to this analysis, the design considerations based on the phase margin for the interface inductor and the DC side capacitor are discussed, which leads to parameters that are different from those of the traditional design.

The Effects of LMX and Feeling Trusted on Job Performance and Workplace Ostracism Among Salespeople

  • Xue, Yang;Moon, Jaeseung
    • Journal of Distribution Science
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    • 제17권4호
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    • pp.41-50
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    • 2019
  • Purpose - The purpose of this study is to examine the impact of leader-member exchange (LMX) on employees' behaviors as well as to test the mediating roles of feeling trusted in the relationships. Research design, data, and methodology - Survey data were collected and analyzed from 285 sales people who work for various organizations in eastern China. The corresponding research models were verified using SPSS 22 and Amos 22. Results - The empirical results show that LMX plays a positive role in job performance and is positively related with subordinate's feelings of trust. However, the study was shown to have negative correlations between LMX and workplace ostracism. Feeling trusted by superiors mediated the relationship between LMX and job performance, resulting in employees being more motivated to do better, creating a positive synergetic effect. However, this relationship did not show to have significant mediating effects on the relationship between LMX and workplace ostracism. Conclusions - This study further enriches the relevant theory of LMX and has significance for management practices such as distribution sectors, guiding leaders to create a suitable team atmosphere. Leaders need to pay attention to build a high quality LMX with employees based on the empirical results of this study.

The Effects of Psychological Ownership of Franchise Corporate on Performance and Customer Orientation (프랜차이즈 기업의 조직과 직무에 대한 심리적 소유감이 성과 및 고객지향성에 미치는 영향)

  • Lee, Jung-Un
    • The Korean Journal of Franchise Management
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    • 제8권3호
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    • pp.7-16
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    • 2017
  • Purpose - Recently, as the franchise market has grown rapidly and competition has intensified, the creation of competitive advantage by companies has become important as a corporate survival strategy. Based on previous studies, this study proposed a theoretical framework for the structural relationship between psychological ownership (organization and job), job performance, and customer orientation. Research design, data, and methodology - This research examines the structural relationship between psychological ownership, job performance, and customer orientation in terms of employees. More specifically, in this model, psychological ownership consists of two sub-dimensions of organization and function. Research models and hypotheses have been developed for this purpose. A total of 409 respondents responded via surveys. 2 out of 409 respondents have been removed and a total of 407 were used for this study. The data were analyzed using frequency analysis, confirmatory factor analysis, correlation analysis, and structural equation modeling with SPSS 21.0 and Amos 21.0 statistical program. Result - The results of the study are as follows. First, psychological ownership (organization and job) has a statistically significant positive effect on job performance. Second, psychological ownership of the job has a statistically significant positive effect on customer orientation. On the other hand, psychological ownership did not have a significant effect on customer orientation. Conclusions - The implications of this study are following as: From the theoretical point of view, this study distinguishes the psychological ownership of employees of a franchise corporate into two dimensions, organization and job, rather than a single dimension. Based on this, we examined the effect of psychological proprieties on job performance and customer orientation. This study also provides several implications. In a fiercely competitive franchise market, it is very important to analyze your employees to gain a competitive advantage over other competitors. It is meaningful to study the employees who work in the franchise. In addition, psychological ownership is an important variable that enhances job performance and leads to customer orientation, so the company needs to pay attention. Therefore, it needs to develop an internal marketing strategy that promotes psychological ownership.

Utilization of Transactive Memory Systems for New Product Development and its Influence on Team Performance: Focus on Automobile Parts Firm (자동차부품기업의 신제품 개발을 위한 교류기억체계(TMS)의 활용과 팀 성과에 관한 연구)

  • Choi, Sangmin;Moon, Taesoo
    • The Journal of Information Systems
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    • 제25권3호
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    • pp.175-196
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    • 2016
  • Purpose The development of new products in automobile parts industry plays an important role. Nowadays, automobile industry is one of the most important industries in the world, because automobile industry includes the industries of steel, machinery, electronic, etc. As a result, automobile industry embodies a country's level of development and competitiveness. The purpose of this study is to analyze the relationship between team characteristics such as communication, familiarity, and contiguity, and team performance through TMS in the process of new products development in automobile parts industry. Design/Methodology/Approach Based on real phenomenon of Korean automobile parts industry, this study tried to figure out the influence of TMS between team members for new product development on team performance. Thus, this study adopts communication, familiarity and contiguity as antecedents, and TMS with specialty, credibility and coordination as a mediating variable, and adopts team performance as a dependent variable. The data of questionnaire were collected from team managers who belong to new product development team in automobile parts firms. 171 questionnaires as data unit of group level from 80 Korean automobile parts firms were collected using face-to-face interview methods. Findings This study proved empirically that the relationship between antecedents and TMS has a positive influence, and TMS also has a positive influence on team performance. This study provides the managers an insight that automobile parts companies should pay more attention to set up TMS in order to improve higher performance between their team members for new product development of automobile parts.

A Study on the Moderating Effect that Value Congruence Influences Organizational Performance

  • LEE, Joon-Pyo
    • The Journal of Industrial Distribution & Business
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    • 제11권3호
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    • pp.51-62
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    • 2020
  • Purpose - This study examined the relationship between individual creativity and its related variables to observe how individual creativity contributes to organizational performance. In addition, this study strived to explore how to maximize the utilization of individual creativity and innovate the structure of the organization itself so that teams and organizations can respond more effectively to new rising trends. this study aimed to examine whether the value congruence between individuals and organizations (propensity congruence, goal congruence has a significant impact on knowledge sharing and innovation behavior as dependent variables by exerting individual creativity and synergy as independent variables. Research design, data and methodology - SPSS 24.0 program were used to analyze the data. Descriptive Statistics and correlation analysis were performed, and the reliability factor (Cronbach's α) was calculated. Afterwards, we analyzed the moderating effects of structural equation model analysis and hierarchical regression analysis. The number of samples used in the study were 309 copies. Results - First, Individual creativity had a positive effect on knowledge sharing and innovative behavior. In other words, it was confirmed that decision-making processes fused with individual creativity could create an atmosphere of knowledge sharing and transform the organization. Second, value congruence adjusted the influence of individual creativity on knowledge sharing and innovation behavior. Conclusions - First, it is important for managers to recognize the value and secure the pool of creative talents who will be a potential future basic source of organizational success and competitive advantage. Second, managers should be able to identify those with creative talents and expertise, and use them to increase their knowledge sharing performance, while also developing emotional and motivational creativity. Third, in order improve knowledge sharing performance, managers should pay attention to the emotional aspect of creativity. Fourth, managers should strive to create an environment that is beneficial for the reinforcement of individual self-management capabilities. Fifth, managers should be able to develop decision-making processes to develop potential creativity and encourage creative thinking, opinions, or solutions. Sixth, managers should promote the dissemination and integration of new knowledge based on the creative views and attitudes of team members.

The Effect of Information Asymmetry on the Method of Payment and Post-M&A Involuntary Delisting

  • Thompson, Ephraim Kwashie;Kim, Chang-Ki
    • Asia-Pacific Journal of Business
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    • 제11권3호
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    • pp.1-20
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    • 2020
  • Purpose - This paper shows an unexplored area related to involuntary delisting. Specifically, this research investigates the effect of target firm information asymmetry on the likelihood that the acquirer or newly merged firm will be forcibly delisted post-merger. Design/methodology/approach - The research uses a sample gathered on local US mergers and acquisitions from the Thomson Reuters Securities Data Company (SDC) Platinum Mergers and Acquisitions database. It applies the logistic regression with industry and year effects and corrects the error term using clustering at the industry level. The research also matches the forced delisted firms to control firms based on industry, acquisition completion year, and firm size and then employs a matched sample analysis. Findings - Findings show that M&As between firms where the target firm is opaque and burdened with high information asymmetry issues are likely to be paid for using majority stock and that M&As involving such opaque targets also have a higher likelihood of getting delisted post-merger. Research implications or Originality - Our results are relevant given the very nature of M&As which involve two players: the acquirer and target who both may have different incentives. Acquirers especially have the tendency to suffer losses and even get delisted if they over-pay for or get merged to a poor target which conceals its poor performance evidenced by higher accruals quality.

A Review of Healthcare Provider Payment System in Korea (한국의 진료비 지불제도 현황과 혁신 과제)

  • Eun-won Seo;Seol-hee Chung
    • Health Policy and Management
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    • 제33권4호
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    • pp.379-388
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    • 2023
  • This study aims to propose the implementation of innovative payment models in Korea in order to promote the financial sustainability of the national health insurance system by reviewing the current status of the payment system in Korea and examining other countries' experiences with various innovative payment models. Korea primarily uses a fee-for-service payment system and additionally uses various payment systems such as case payment, per diem, and pay-for-performance. However, each payment system has its limitations. Many OECD (Organization for Economic Cooperation and Development) countries have pointed out the limitations of existing payment systems and have been attempting various innovative payment models (e.g., add-on payment, bundled payment, and population-based payment). Therefore, it is essential for Korea to consider innovative payment models, such as a mixed payment model that takes into account the strengths and weaknesses of each payment system, and to design and pilot these models. This process requires stakeholders to work together to build a social consensus on the implementation of innovative payment systems and to refine legal and systematic aspects, develop an integrated health information system, and establish dedicated organizations and committees. These efforts towards innovative payment models will contribute to developing a sustainable health insurance system that ensures the public's health and well-being in Korea.

Development of a Competency-Based Master Gardener Coordinator Curriculum: Focusing on Public Service Rural Extension Workers

  • Kim, Ji-Sung;Han, Seung-Won
    • Journal of People, Plants, and Environment
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    • 제23권2호
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    • pp.149-158
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    • 2020
  • The purpose of this study was to establish the role of master gardener coordinators and develop an education program to enhance their job competencies. To analyze and develop the new job of master gardener coordinator, we used the CBC method for curriculum development. The research findings can be summarized as follows. The analysis result of need and importance of education based on the performance level and demand level revealed 20 core competencies, which were classified into organizational education, learning by experience, individual learning, low-priority competencies for program development, with focus on the importance and need for education. The 17 courses are comprised of Eastern and Western Garden History, Understanding of Community Garden, Garden Aesthetics and Environmental Design, Master Gardener's Mission & Management, Garden Plants, and Garden Design and Practice etc. and the curriculum is 33 hours in total. The master gardener coordinator education program was conducted on 73 rural extension workers and the curriculum was evaluated by those who completed the program. The overall satisfaction was 4.29 and 97.1% of the trainees decided that the program would help them perform their duties. The analysis result discovered that all 20 core competencies increased after the program. As a result of conducting contingent valuation to determine the value of the program, willingness to pay (WTP) per hour was KRW 33,223 and the total WTP was KRW 1.096 million, which, when multiplied by 73 participants, is approximately KRW 80.008 million. This is relatively higher than the budget used (KRW 22.943 million), indicating that the program is worth it.

A Study on Potential of Engineered Wood for 9-story Office Buildings (공학목재의 9층 사무소 건물 적용 가능성 연구)

  • Chu, Yurim;Kim, Taewan;Kim, Seung-Rae
    • Journal of the Earthquake Engineering Society of Korea
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    • 제21권4호
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    • pp.163-170
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    • 2017
  • The need for eco-friendly building materials such as engineered wood has increased to reduce carbon emissions. Although the range and height of engineered wood buildings are gradually increasing in North America and Europe, engineered wood is mainly used for low-rise residential buildings in Korea. In order to reduce carbon emissions more, therefore, it needs to expand the use of engineered wood by applying it to various buildings with different uses or more stories. With this background, the aim of this study is to investigate the applicability of engineered wood for 9-story office buildings. Since a 9-story building with engineered wood only is not allowed in KBC, an example building has RC ordinary shear walls as the lateral force resisting system while engineered wood is only used for gravity load resisting moment frames. Another example building is also used for comparison where both lateral and gravity load resisting systems are designed by RC. The applicability of engineered wood is investigated by comparing the seismic performance and the amount of carbon emission of both buildings. The result shows that the seismic performance of both buildings was not significantly different while the amount of carbon emission of the engineered wood building was much less then the RC building. Based on this result, engineered wood is sufficiently applicable to 9-story office buildings even though it still needs to pay attention to the shear design of reinforce concrete walls.