• Title/Summary/Keyword: Practical Management

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Streamlining ERP Deployment in Nepal's Oil and Gas Industry: A Case Analysis

  • Dipa Adhikari;Bhanu Shrestha;Surendra Shrestha;Rajan Nepal
    • International Journal of Advanced Culture Technology
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    • v.12 no.3
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    • pp.140-147
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    • 2024
  • Oil and gas industry is a unique sector with complex activities, long supply chains and strict rules for the business. It is important to use enterprise resource planning (ERP) systems to address these challenges as it helps in simplifying operations, improving efficiency and facilitating evidence-based decision making. Nonetheless, successful integration of ERP systems in this industry involves careful planning, customization and alignment with specific business processes including regulatory requirements. Several critical factors, such as strong change management, support of top managers and training that works have been identified in the study. Amongst the hurdles are employee resistance towards the changes, data migration complications and integration with existing systems. Nonetheless, NOCL's ERP implementation resulted in significant improvements in operating efficiency, better data visibility and compliance management. It also led to a decrease in financial reporting timeframes, more accurate inventory tracking and improved decision-making capabilities. The study provides useful insights on how to optimize oil and gas sector ERP implementations; key among them is practical advice including strengthening change management strategies, prioritizing data security and collaborating with ERP vendors. The research highlights the importance of tailoring ERP solutions to specific industry needs as well as emphasizes the strategic role of ongoing monitoring/feedback for future benefits sustainability.

Finding a Needle in a Haystack: Homophily, Communication Structure, and Information Search in an Online User Community

  • Jeongmin Kim;Soyeon Lee;Yujin Han;Dong-Il Jung
    • Asia pacific journal of information systems
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    • v.34 no.2
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    • pp.635-660
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    • 2024
  • A growing body of research explores how users of online communities navigate through large-scale platforms to find the information they seek. This study builds on the theories of homophily, structural embeddedness, and social exchange to investigate how interest homophily and existing communication structures serve as mechanisms driving information searches and the subsequent formation of communication networks in these communities. Specifically, we analyze comment-on-post tie formation using network data from "Today's House," the largest online user community specializing in interior design in Korea. Employing the LR-QAP method, a permutation-based hypothesis testing algorithm for social network data, our research identifies that network tie formation is driven by both homophilous information searches based on instrumental and hedonic interests, as well as by structurally induced searches such as preferential attachment, reciprocity, and transitivity. In addition, we investigate the contingent effects of communication structure on homophilous tie formation. Our findings suggest that while network-wide structural characteristics enhance homophilous tie formation based on instrumental interests, local network processes leverage homophily based on hedonic interests. We conclude by discussing the theoretical implications of the differential influence of participation motivations on information search patterns and the practical implications for the design of online communities.

Influencing Factors of GWP(Great Work Place) Organizational Culture on Job Satisfaction and Job Performance among Hospital Staff (의료기관 종사자의 직무만족 및 직무성과에 미치는 GWP(Great Work Place) 조직문화 영향 요인)

  • Sunjin Hwang;Jinkyung Kim;Woosok Han
    • Korea Journal of Hospital Management
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    • v.29 no.3
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    • pp.26-37
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    • 2024
  • The purpose of this study is to analyze the impact of GWP (Great Work Place) organizational culture on job satisfaction and job performance in hospital. The GWP organizational culture was measured by components of trust (credibility, respect, fairness), pride, and fun. A research model were established and empirically tested based on the three variables: GWP organizational culture, job satisfaction, and job performance. A survey with 76 questions was conducted targeting employees at a general hospital located in a metropolitan city in Korea. The results were verified using the SPSS statistical program, and multiple regression analysis was used to analyze the relationships between the variables. The study findings revealed that respect and pride, as components of GWP organizational culture, had a positive impact on job satisfaction, while trust and pride positively influenced job performance. These results suggest that building a GWP organizational culture is crucial for generating better performance in hospital. Furthermore, the study provides practical implications, indicating that focusing on specific components of GWP organizational culture may be more effective in improving organizational performance.

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Procedural Model of XML Schema Framework for Digitalizing Disaster Information Management for Construction Facility (시설물 재해정보관리 전자화를 위한 XML스키마 구축 방법의 절차적 모형 구성)

  • Kang, Leen-Seok;Park, Seo-Young;Moon, Hyoun-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.3 s.31
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    • pp.56-64
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    • 2006
  • The current disaster management manual is being utilized as a book or document-based type. It causes a low applicability and interoperability in practical business because each information has a different document format and it is difficult to recycle those information as common disaster information. The information reading by text type without electronic data and visual object also has a limitations in guaranteeing a quickness of disaster management business. Accordingly, the electronic document management system with visual information is necessary and the system needs to tie framed by XML schema because the electronic document standard will be changed from DTD to XML schema. This study attempts to develop a procedural methodology of an electronic document management system based on XML for disaster management. The applicability of the proposed results is verified by the simulated scenario.

A Study on the Effects of the Failure tolerance of Re-founders on Management Performance Through Exploration and Exploitation (재창업자의 실패내성이 탐색 및 활용을 통해 경영성과에 미치는 영향에 대한 연구)

  • Jun, Jung-gu;Seo, Young-Wook
    • Journal of the Korea Convergence Society
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    • v.11 no.10
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    • pp.267-277
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    • 2020
  • This study examined the impact of failure tolerance on exploration and exploitation activities and the impact of these activities on management performance in the representatives of re-start-up companies. Recently, policy and social support for re-starting businesses has been increasing. This study seeks to verify whether the psychological factors of the re-founder are related to management performance. Therefore, a research model that combines failure tolerance, which is a psychological and pedagogical variable, and management performance, which is a management variable, was presented and empirical analysis was made. The research targets were conducted on re-founders who received funding from Korea SMEs & Startups Agency. The analysis of the psychological characteristics of the re-start-up, failure tolerance and the effect on the exploration and exploitation activity, all showed positive effects, and the analysis of the effect of the exploration and exploitation activity on the management performance, showed that the exploration activity did not affect, and the exploitation activity had a positive effect. This study is intended to provide theoretical and practical implications.

The Impact of Sales and Management Expenses on Firm Value (기업특성에 따른 판매관리비가 기업 가치에 미치는 영향)

  • Son, Jeong-Guen;Bae, Khee-Su
    • Korean Management Science Review
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    • v.34 no.1
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    • pp.71-84
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    • 2017
  • The purpose of this study is to extract the characteristic cost through the time series analysis of each cost from 2003 to 2014, and to grasp the performance and relevance of the enterprise. Therefore, in this section, we analyzed the time-series analysis of selling, administrative, and non-operating expenses as described above. First, depreciation cost, advertising cost, transportation cost, research cost, current research cost, and ordinary development cost were extracted as the variables of interest to be verified in the empirical analysis. However, in the analysis of non-operating expenses, we could not extract the specific cost, but we could grasp the time-series flow of cost data before and after two epochs such as financial crisis and introduction of IFRS obligation. The results of this study show that sales management costs have a positive (+) effect on firm value. Empirical analysis confirms that management is trying to increase or decrease the cost This can be confirmed by the empirical results of this paper. At present, general enterprise accounting is done through ERP system. However, since the ERP system does not have an analysis system for each sales and management cost, the current system has difficulty in knowing the budget item for each cost each time the expenditure resolution for each cost item is made, It is a reality that the expenditure plan must be managed separately and it is inconvenient to keep it. However, if this practical difficulty is solved by the cost analysis system such as sales management cost, the present accounting information system will be further developed. Furthermore, the management will increase the profit item It is thought that coordination actions can also be prevented in advance.

A Technology Readiness Level (TRL) Management using the Systems Engineering Tool for the Space Launch Vehicle (시스템엔지니어링 전산관리도구를 활용한 우주발사체 기술완성도(TRL) 관리)

  • Jang, Jun Youk;Kwon, Byung Chan;Lim, Chang Young;Cho, Dong Hyun;Yoo, Il Sang
    • Journal of the Korean Society of Systems Engineering
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    • v.16 no.1
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    • pp.18-24
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    • 2020
  • The KSLV-II project with high difficulties technically requires thorough technical management during long-term life cycle more than 10 years for launching into space. The TRL is a quantitative indicator developed by NASA widely used all over the world to measure technology maturity of a system development objectively and consistently. The TRL is also used to make sure technology level and to establish a future direction in the KSLV-II project. The TRL has advantage enable to identify a technology level through quantitative indicators. However, it takes a lot of efforts such as trials and errors, time and cost to apply it to the project considering the project environments, and stakeholder needs. These include not only to establish TRL management plan from ideal, conceptual and abstractive standards/guidelines such as NASA's, but also to construct TRL management environment enable to apply and manage harmoniously. In the KSLV-II project, it is required to figure out current technology level and technology development trend in the future, to access conveniently, to share related data in real time, and to update periodically for the comprehensive TRL management. From the reason above, the TRL management environment was built by using the systems engineering tool already has been used for other system management data such as requirements in the project. It also could be accomplished a practical management basis of systems engineering from the traceability among system management data including TRL. In this paper, case study results are introduced to manage the TRL for the space launch vehicle using the systems engineering tool in the KSLV-II project.

Study on Fusion Proposal of Creativity Management and Management Quality for Airport Authorities - Focus of Fusion Management System Model Development - (공항기관을 위한 창의성경영과 경영품질 융합 방안에 관한 연구 - 융합경영시스템 모델 개발을 중심으로 -)

  • Lee, Yung-Kil;Kim, Ki-Woong
    • Journal of Advanced Navigation Technology
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    • v.15 no.6
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    • pp.1194-1211
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    • 2011
  • The main research purpose of this paper is developed to Fusion Management System Model that is competition advantage and excellence airport for the airport authorities. Fusion Management System Model is developed to fuse and convert how is consist of creativity management and management quality system. Fusion management system structure is as follow. Firstly, part of foundation configured to philosophy and intention of CEO, company as like university and value-based creative corporate culture. Secondly, part of body is applied that is process by 6sigma, system by ISO9001. Thirdly, part of head is applied that is strategy and evaluation by Malcolm Baldrige National Quality Award of U.S.A. Also, system connected to synergy line that is creativity management, fusion & convergence and trust. Finally, this system has been researched to the practical perspective in order to realize for airport authorities.

Cyber Security Management of Small and Medium-sized Enterprises with Consideration of Business Management Environment (중소기업의 기업경영 환경을 고려한 사이버 보안 관리)

  • Chun, Yong-Tae
    • Korean Security Journal
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    • no.59
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    • pp.9-35
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    • 2019
  • Until now, a lot of research on cyber security have been tried, but there have been few studies on overall relationships, including internal factors and external factors. Therefore, this study examined cyber security management considering not only internal elements of SMEs but also corporate management environment. The first qualitative analysis and the second quantitative analysis were conducted through mixed method research. Qualitative analysis was conducted through a semi-structured interview method, and three themes were found: insufficient cyber security management system, internal noncooperation for cyber security, and problems derived from decision-making system. In the quantitative analysis, multiple regression analysis was conducted on the data obtained through the questionnaire. The perception of cyber threats and internal support among independent variables positively influenced the cyber security management system or the dependent variable. Through this study, internal variables had a causal impact on the cyber security management system rather than external environment variables. This implies that the variables related to the organizational culture such as employees' perception are important. These results are expected to provide practical significance for enhancing the cyber security management system in SMEs.

An Empirical Study on the Impact of the Activities in Industrial Safety & Health Management on Business Management (산업안전보건경영 활동이 기업경영에 미치는 영향에 대한 실증적 연구)

  • Lee, Baek-Hyun;Jung, Soo-Il
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.9-17
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    • 2008
  • In today's industrial society, one observes fierce competition aiming at profit generation among companies, and the utilization of complex machineries and cutting edge science and technology constitutes a constant threat to the life, body, and health of employees. In such a context, it is precisely the purpose of the Industrial Safety and Health Act that is in force to provide protection to the life and health of employees against hazardous and harmful environment and the role of enterprises becomes more and more important in the law. The Industrial Safety and Health Act places the responsibility for preventing industrial accidents on the shoulders of the business employer by providing safety and health information relating to current employees and creating an appropriate work environment. The employer must recognize the importance of prevention of industrial accident and must possess a business philosophy that places top priority on safety when it comes to company management. In light of such practical considerations, the present study approaches to find out the influence of safety and health management on business management from a statistical sample survey point of view. By doing this, the study hopes to show that a through safety management serves to protect the life and health of employees and raise profit for businesses. What is more, the study hopes to demonstrate that promoting a sound business culture can act as fertilizer that promotes the ushering in of a bright society.