• Title/Summary/Keyword: Scorecard

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A Framework for Success of Industrial Clusters: The Fusion of Online and Offline Businesses (온라인과 오프라인이 융합된 성공적 산업클러스터의 프레임워크)

  • Yi Jung-Sub;Jang Hyeong-Wook
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.3
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    • pp.96-107
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    • 2006
  • This paper explores the benefits provided by the adoption and implementation of electronic commerce in a particular SME-intensive productive environment: the geographical cluster. This study develops a conceptual framework that highlights the six types of benefits obtained by integrating online business with offline business. Using data from 73 traditional companies in Korean port clusters, factor analysis was used to figure out six benefits including sharing information, cost savings, value-added service, customer relationship, enhanced trust, and marketing efficiency. The six empirically derived critical benefit factors were then used to examine how they improve management performance of the traditional offline companies in the cluster measured by Balanced Scorecard(BSC). According to the results, we concluded that the offline firms in the cluster can take advantages of extending to online business.

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A Study on the e-Business Utilization Schemes in Small and Medium Companies (국내 중소기업 전자상거래 현황 및 활성화 방안에 관한 연구)

  • Lee, Jong-Min
    • Korean Business Review
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    • v.18 no.1
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    • pp.1-17
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    • 2005
  • This study attempts to investigate the IT utilization and e-business level of the small and medium companies in order to facilitate their e-commerce efforts. Results show that they have basic IT infrastructures such as internet and PC, but they use their IT resources mainly for office automations. Major problems with such low level of IT utilization are in their lack of manpower, skill, and fund. Considering above issues, web hosting service is believed as a good measure to alleviate their problems. Hence, this paper suggests that utilization of the web-based ASP can be a viable solution for the currently revealed issues. Also, development of creative IT application(business) cases and their advertizement can lead small and medium finns to more productive IT investments, which requires more diverse IT performance measurements such as BSC(balanced scorecard), other than traditional ROI.

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A Review of Key Performance Indicators Using a Balanced Scorecard in the Nursing Department of Hospitals (균형성과표를 이용한 병원 간호조직의 핵심성과지표 문헌분석)

  • Lim, Ji Young;Ok, Seung Eun;Ko, Gug Jin;Lee, Hyun Hee;Park, Yeon Hong;Jang, Jin Hui;Yun, Soo Mi
    • Journal of Home Health Care Nursing
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    • v.21 no.1
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    • pp.14-25
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    • 2014
  • Purpose: The purpose of this study was to analyze key performance indicators using a balanced scorecard in the nursing department of hospitals, and to find useful suggestions for future research. Methods: Before starting the literature search clear inclusion and exclusion criteria were determined. After that, were viewed 41 studies from the RISS, KISS, National assembly library, and NDSLDB. Data were collected on October 17, 2013. Researchers developed an analytic framework for the literature review using a balanced score card development process and construction steps of previous studies. This framework had 10 steps related to the balanced score card development process. Results: A total of 10 studies met the inclusion and exclusion criteria. We identified 234 key performance indicators for the nursing department. The average number was 6.6 in finance perspective, 8.6 in perspective, 11.9 in internal process perspective, and 6.2 in learning and growth perspective. We found that 173 indicators had been cited only once. 61 indicators were cited over twice. Further, 8 indicators employed different perspectives on different studies. Conclusion: The results of the present study summarize useful information on recent trends on key performance indicators using a balanced score card in the nursing department of hospitals. These results will help develop key performance indicators and provide directions for future research.

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.

A Study on the Management Output Creation Stages of ERP System (ERP시스템의 경영성과 창출단계 연구)

  • Oh, Sang-Young;Jang, Seo-Kyoung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.6
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    • pp.1604-1612
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    • 2007
  • For the latest 10 years, many companies have introduced the ERP system competitively. There have been many evaluations of the system, but most of them have made general evaluation and few of them studied output creation. The output of the introduction of the ERP system cannot be uniform, and the stages of output creation also vary. Accordingly, the present study purposed to examine when the management output of the ERP system is created in Korean companies that adopted the ERP system in order to predict the management output of such companies and to provide opportunities to change ERP operation methodology. Balanced scorecard was used as an indicator to measure the outcome of ERP. In addition, we conducted correlation analysis for determining the correlation between ERP system activation factors and management output, and performed frequency analysis to examine the stages of management output creation according to the stage of ERP system.

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Pre-Evaluation for Successful BSC Introduction on the J University (J대학의 BSC 성공적 도입을 위한 사전 평가)

  • Oh, Sang-Young;Park, Sang-Seok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.5
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    • pp.1251-1258
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    • 2007
  • Recently, the needs fur management innovation of universities are growing. Therefore, introduction of Balanced Scorecard(BSC) for measuring performance has been considered as a way of management innovation. However, the introduction of BSC does not always become successful, and sometimes act as an obstacle to innovative activities. This study was designed to conduct pre-evaluation for J University well in advance of its BSC introduction to solve problems with the introduction and prove the importance of pre-evaluation to make BSC introduction a success. Methodologically, the study explored key factors of successful introduction of BSC by examining previous studies, and conducted a comparative analysis of such key factors, focusing on J University. To evaluate factor-specific results in a more practical way, weighted value analysis on factors was conducted by experts so as to investigate how many factors J University can meet fur the introduction of BSC. As a result, the outcome of the pre-evaluation before J University introduces the BSC was generated, and the study aimed to suggest such empirical analysis as a method of pre-evaluation of the BSC introduction.

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An Empirical Study in the Effects of Six Sigma Project Management System on Project Balanced Scorecard (6시그마 프로젝트 관리시스템의 활용이 프로젝트 균형성과지표에 미치는 영향에 관한 실증적 연구)

  • Yang, Jong-Gon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.8
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    • pp.2068-2077
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    • 2009
  • While six sigma project management systems have been widely used as a knowledge management systems, no one has proposed an empirical explanation for impacts of project management systems on project performance. This study proposes a structural equation model of the project management system that relates learning/growth, internal growth, customer performance, and financial effects based on six sigma project performance. The relationships are investigated using data collected from a sample of green and black belts. The results indicate that there are a causal relationship with use of project management and learning/growth and internal process, internal process and customer performance, and customer and financial performance. However, there is no relationship between internal process and financial effects. The results suggest that six sigma project system could effectively be implemented as a knowledge management system to improve six sigma performance of green an black belts. This study also compares index of SEM's model fit of research model and that of alternative models for further analysis. The result shows that index of research model of index is better than that of alternative model.

A Sustainable BSC-IT based Framework for Assessing the Strategic Impacts of Green IT Initiatives (그린IT 이니셔티브들 전략적 영향들을 평가하기위한 지속가능한 BSC-IT 기반 프레임워크)

  • Ruiz, Luis;Park, Jeong-Sun
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.205-210
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    • 2012
  • We don't have time to waste, time is running, and the global warming is an issue that concerns to all of us. Information technology, which on a global level is responsible for 2% of emission of greenhouse gases. However, the remaining 98% is seen as an opportunity for IT to help our planet, our companies and our society. The purpose of this paper is to analyze green information technology (IT) initiatives and their strategic impact. And to have done this, we develope and create a very useful balanced-scorecard framework to explain, understand, and identify the direct and indirect contribution of green IT initiatives. The green IT evaluation framework, called here a sustainable green IT balanced scorecard, integrates the four BSC-IT perspectives with the Zuboff's automate/informate goals of information systems and the contribution of the sustainability (economic, social and environment). This study also seeks to answer the following questions: 1) what are the driving forces for implementing green IT initiatives? 2) How can an analytical framework be built to systematically analyze the benefits and strategic contribution of green IT initiatives? And 3) how green IT initiatives impact the strategic goals of a firm and how they can contribute to the triple bottom line? The framework demonstrates to be useful as a management tool to hopefully integrate environmental and social management with the general management of a company. Besides, the strategy map and measures for each cell of the framework are provided.

Factors Affecting Financial Performance of ERP System Based on BSC Framework: The Moderate Effect of Strategic Alignment and the Mediating Effect of Customer and Business Process Perspectives (BSC프레임워크 기반 ERP시스템의 재무 성과 영향요인: 전략적 연계성의 상호작용효과와 고객 및 비즈니스 프로세스 관점의 매개 효과)

  • Park, Ki Ho
    • The Journal of Information Systems
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    • v.30 no.3
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    • pp.93-112
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    • 2021
  • Purpose Recently, many organizations are actively adopting enterprise architecture (EA) as a methodology to manage IT assets and build IT-based business system. This study intended to empirically examine how the role of EA operating unit and utilization capability of organizational members impact on system performance at the post-adoption stage. A balanced score card (BSC) is being used as a framework for a company's key performance indicator (KPI). Design/methodology/approach This study tried to investigate the causal relationship between the four perspectives of the balanced scorecard as an influencing factor of the introduction of the Enterprise Resource Planning (ERP) on the financial value. In particular, the mediating effect between the customer's point of view and the business process point of view was investigated between the learning growth point of view and the financial point of view, and the interaction effect (regulating effect) of strategic linkage in the system introduction process was investigated. Findings The results of the study were first, that the organizational learning and growth perspective had a positive effect on the customer perspective, business process, and financial perspective. In addition, the customer perspective and the process perspective also had a positive influence on the financial perspective. Second, between the learning growth and financial perspectives, the customer perspective and the process perspective showed a partial mediating effect. Third, as for strategic linkage, the interaction effect between the customer perspective, the learning growth perspective, and the process perspective and the financial perspective was not significant. The results of this study are expected to provide a framework for performance evaluation to organizations that have introduced ERP systems.

A Study on Organizational Performance Indicators of IT Company (IT 기업의 조직 성과 지표에 관한 연구)

  • Kim, Hyung-Sub
    • Journal of the Korea Convergence Society
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    • v.10 no.1
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    • pp.187-195
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    • 2019
  • There is a growing emphasis on objective and quantified performance measurement methodologies for the interactions that occur within modern companies. This is due to the importance of establishing and practicing future-oriented strategies by estimating the present value of the company and the current energy status through objective evaluation of the company. Therefore, the selection of KPI as a performance index using BSC (Balance Scorecard), which is a recent objective performance measurement methodology, has become very important. Although many studies on existing KPIs have been made in various industries, KPI studies on SI companies have been insufficient. This study focuses on finding KPIs applicable to SI companies. The study on the KPI design system according to general strategy of SI companies and the development of methodology and evaluation index according to index development for each group were carried out and the weighting methodology according to each evaluation index was presented.