• 제목/요약/키워드: Strategic Decision-Making

검색결과 342건 처리시간 0.024초

Tacit Knowledge in Government-led R&D Project Selection

  • Kim, Eun-Hong
    • 기술혁신연구
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    • 제13권2호
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    • pp.223-237
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    • 2005
  • This paper explains that tacit knowledge is a critical component for the success of government-led R&D project selection, where rapid and accurate decision making need to be made under lack of information circumstances. It also explores ways to fully exploit the tacit knowledge of experts participating in the Korean government's R&D project selection process. Some of these include: (1) strategic attention from the top officials, (2) forming self-organizing teams, (3) establishing a horizontal and risk-taking culture, (4) encouraging a sense of responsibility in creating and sharing tacit knowledge, and (5) providing a seamless monitoring system and training.

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The Fundamental Understanding Of The Real Options Value Through Several Different Methods

  • Kim Gyutai;Choi Sungho
    • 한국경영과학회:학술대회논문집
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    • 한국경영과학회/대한산업공학회 2003년도 춘계공동학술대회
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    • pp.620-627
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    • 2003
  • The real option pricing theory has emerged as the new investment decision-making techniques superceding the traditional discounted cash flow techniques and thus has greatly received muck attention from academics and practitioners in these days the theory has been widely applied to a variety of corporate strategic projects such as a new drug R&D, an internet start-up. an advanced manufacturing system. and so on A lot of people who are interested in the real option pricing theory complain that it is difficult to understand the true meaning of the real option value. though. One of the most conspicuous reasons for the complaint may be due to the fact that there exit many different ways to calculate the real options value in this paper, we will present a replicating portfolio method. a risk-neutral probability method. a risk-adjusted discount rate method (quasi capital asset pricing method). and an opportunity cost concept-based method under the conditions of a binomial lattice option pricing theory.

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철도차량의 개발 및 운용을 위한 RAMS 관리 시스템 개발 (Development of a framework for engineering RAMS into rolling stock through life cycle in the operator perspective)

  • 박문규;안민
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2010년도 춘계학술대회 논문집
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    • pp.2179-2194
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    • 2010
  • RAMS is becoming increasingly important in the decision making process for the rolling stock projects in order to improve competitiveness by reducing system life cycle cost while improving reliability, availability, maintainability and safety. In order to apply and manage RAMS of rolling stock systems effectively in the operator perspective, it is essential to integrate and control RAMS systematically from the early stage of rolling stock projects. RAMS management is to implement a RAMS system into rolling stock projects in terms of a rolling stock operator, which presents the strategic directions of RAMS policy, objectives, requirements, control, analysis, measurement and improvement throughout life cycle of rolling stock projects. This article presents a new framework of RAMS management that provides an effective and efficient way for managing RAMS in rolling stock systems in the railway industry.

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위험도 기반에 의한 사업계획수립과 경영관리 -런던지하철 사례연구 (Risk Based Approach to Business Planning and Management Control -Case Study on London Underground)

  • 정원;임승수;왕종배;박찬우
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2007년도 춘계학술대회 논문집
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    • pp.577-583
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    • 2007
  • In railway business plan, operations require a strategic and sustained level of planned investment to ensure assets are fit for purpose over the whole of their planned life. Therefore it is essential that operator can confidently plan and predict capital investment requirements over a number of years. This research addresses that how the London Underground apply a systematic risk based approach to their health and safety planning and investment decision making. Through this case study, we investigate the elements of management system that includes arrangements for the ongoing identification of hazards, assessment of risks and the implementation necessary control measures. Risk based business planning processes are also addressed.

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비용 흐름의 차이를 고려한 교체 설비 대안에 대한 타당성 평가 (The Evaluation of the Validity of Equipment-replacing Alternatives in Consideration of the Differences of Cost Flow)

  • 김성집;박흥석
    • 산업경영시스템학회지
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    • 제17권31호
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    • pp.99-114
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    • 1994
  • The introduction of new equipments to strengthen the competitiveness of enterprises is one of pretty important factors. Enterprises introducing new equipments strengthen competitiveness through productivity increasing, high quality maintenance, inventory reduction, improved design and production interface, simple scheduling process, low scrap rate, rework reduction, etc. Managers will work out the best equipment-replacing strategy through the appropriate combination of potential cost attributes and qualitative attributes difficult to quantify in accordance with the business purpose. This study is to present a method to select an equipment-replacing alternative through the decision-making model of Analytic Hierarchy Process in consideration of the differences of cost flow of the alternatives, taking into consideration tangible attributes and strategic intangible attributes.

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안전관리와 예비대책 변화 방향 (The Change of Safety Management and the Safety Counter-plan)

  • 서지한;서광규;고용해
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2002년도 춘계학술대회
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    • pp.15-21
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    • 2002
  • In the future, all kinds condition of industrial safety is a primary need in all advanced countries in which workplace safety is an issue. Furthermore, the increasing complexity of production systems and the rapidity of technological innovation have consolidated the recognition of the strategic value of safety, alongside the traditional competitive factors such as quality, costs, delivery time and flexibility, In this paper, the some critical issues of changes and counter-plan in an adequate safety management were identified by above considerations as follows: needs of systematic identification and analysis of safety factors; requirements to define priorities and budgeting to support the decision-making process; and needs of audit activities and indicators which measure company performance in terms of safety improvements, and so on.

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차세대 IPTV 표준화 항목 우선순위 결정을 위한 계층분석방법 응용 (Application of An Analytical Hierarchy Process to Set Priorities on Standardization Work Items of Next Generation Internet Protocol Television)

  • 우훈식
    • 산업경영시스템학회지
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    • 제33권3호
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    • pp.192-198
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    • 2010
  • To maximize effectiveness of standardization activities, it is essential to set priorities for determined standardization work items in the next generation internet protocol television (NG-IPTV) technologies. In this study, the analytic hierarchy process(AHP) is employed and applied to ranking of NG-IPTV standardization work items as a multi-criteria decision making tool which involves comprehensive surveys. Survey results are analyzed and we identified a useful three level segmentation of standardization strategic plan which shows standardization work item priorities.

병원의 재무상태 개선전략 수립을 위한 기본재산순이익율모형의 적용사례 (Return on Equity Model and Its Application to Hospital Strategic Management)

  • 황인경
    • 한국병원경영학회지
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    • 제2권1호
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    • pp.80-95
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    • 1997
  • It has been an issue in the field of hospital management to develope a systematic and comprehensive analysis frame for financial position. This study developed a return on equity(ROE) model that includes the components of financial profitability, activity, stability and growth with reference to that developed in the USA The application of the model was attempted to assess its feasibility using data collected from a general hospital that has long been in the red. The hospital's financial ratio were compared to those of another private hospital in the black and also to the average ratios values of the similar bed-sized hospitals. Factors that cause the financial deficit and the strategies that can help to reorient the management's financial decision-making together with requisite conditions for effective use of the model, were identified. This study concludes that the ROE model can be usefull when effective financial strategies of the private hospitals are to be formulated.

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A Strategic Effect of Bundling on Product Distribution

  • Gwon, Jae-Hyun
    • 유통과학연구
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    • 제13권10호
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    • pp.15-21
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    • 2015
  • Purpose - This study examines a bundling effect on production and distribution in a patent-protected industry. Despite the heavy use of bundling strategies in the information and technology industry, literature has paid scant attention to bundling of intellectual property rights. This study examines a theoretical exploration of the bundling effect on licensing behavior. Research design, data, and methodology - To address this behavior, we build a simplified model consisting of three stages: 1) bundling decision, 2) licensing agreement, and 3) competition. The subgame perfect Nash equilibrium is applied to the model. Results - A single-patent holder with superior technology grants its own license to the multiple-patent firm, thereby leaving the market. Anticipating the single right holder's licensing strategy, the multiple-patent firm offers a bundle, making the single-right holder's bargaining position weaker. Conclusions - Bundling is an effective business strategy, resulting in multiple products for a firm as it faces other firms with single-product lines in each market. Taking advantage of the multi-patent or multi-product lines, the firm utilizes the bundling strategy obtaining better technology from the standalone single-patent firms.

IT 기업의 전략적 지식관리를 위한 SD 모델 구축 사례 (Building A System Dynamics Model for Strategic Knowledge Management in IT Company)

  • 박상현;연승준;김상욱
    • 한국시스템다이내믹스연구
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    • 제3권1호
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    • pp.105-129
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    • 2002
  • IT companies make a lot of efforts for sharing and utilizing of experiences of their members and transforming them into the organizational knowledge as a competitive core. But they face a dilemma that they have to spend time and financial resource to perform activities around knowledge management for the long-term gains, while carrying field-works for making short-term profits. As an initial attempt to tackle this managerial problem, this paper try to investigate the mechanism of knowledge management in a small IT company in Korea with a synthetic view-point using system dynamics simulation model. It depicts the dynamic behaviors of knowledge management and presents some findings of political leverage. Although it has to be replenished further, the scheme for the dynamism of knowledge management and the findings presented in the paper could be useful for the decision makers particularly of knowledge-intensive organizations

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