• Title/Summary/Keyword: Successful Business Model

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A Contingency Model of the Strategic Information Systems Planning (전략정보시스템 계획수립을 위한 상황모델)

  • Han, Jae-Min;Mun, Tae-Su
    • Asia pacific journal of information systems
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    • v.3 no.1
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    • pp.190-213
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    • 1993
  • The information revolution is sweeping through the global economy. Information technology is transforming the structure of competition. The successful implementation of information technology is dependent on the effectiveness of information systems planning. However, it is very difficult to select an appropriate methodology for information systems planning given an organization situation. A contingency model is proposed on the selection of an appropriate approach depending upon the organizational situation. Although the contingency framework is not yet theoretically proved, the approaches suggested here turned out to be of benefit to the cases of the two real world projects studied. These approaches attempt to combine Business Systems Planning of IBM and Critical Success Factors in two different manners to make planning process more efficient and effective.

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Exploring the Determinants of MOOCs continuance intention

  • Jo, Donghyuk
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.8
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    • pp.3992-4005
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    • 2018
  • In our current information-based society in which knowledge is a fundamental asset to production, the capability to utilize information and produce knowledge with the use of information technology (IT) has become essential to learning. Massive Open Online Courses (MOOCs) have recently been introduced in light of such changes and are recognized as an alternative to open education. MOOCs' capabilities are being acknowledged in lifelong education in terms of reeducation and knowledge sharing, and also in terms of improving teaching quality, and improving university students' levels of creativity and integrated thinking by supporting high-level content and teaching. Therefore, this study presents an extended research model that combines information system (IS) continuance and task-technology fit models. Our study researches previous literature, revealing factors of continuous use after accepting MOOCs from the learner's perspective, and analyzes the model empirically. The ideal environment for MOOCs learners is evaluated, and a strategic approach to the successful settlement and diffusion of MOOCs is presented based on this study's findings.

Guideline Construction through Case Study for Applying Crowdsourcing into New Product Development Environment (사례분석을 통한 신제품 개발 환경에서의 크라우드소싱 활용 가이드라인 구축)

  • Kim, Han Jung;Park, Joon Young
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.6
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    • pp.517-534
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    • 2013
  • In this study, we propose the guideline with strategic model for new product development. To establish the guideline, 1) we classify several types of successful surveyed cases that achieved open innovation through applying crowdsourcing into new product development environment, 2) draw case maps using two or three axis with characteristics such as: step of product development process, crowdsourcing frequency, and product type of each case, 3) define the type of applying crowdsourcing into new product development environment based on case analysis results, and tabulate a crowdsourcing type based on the defined crowdsourcing type, 4) finally, suggest the guideline with multiple points of view which embrace type of crowd, community management, participation method, knowledge adoption method, and reward policy. Using the suggested guideline will help a company to design and establish open innovation in new business model related to product development area.

Design and Elucidation of Integrated Forecasting Model for Information Factor Analysis (정보인자분석(情報因子分析)을 위한 통합예측(統合豫測)모델의 설계(設計) 및 해석(解析))

  • Kim, Hong-Jae;Lee, Tae-Hui
    • Journal of Korean Society for Quality Management
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    • v.21 no.1
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    • pp.181-189
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    • 1993
  • Over the past two decades, forecasting has gained widespread acceptance as an integral part of business planning and decision making. Accurate forecasting is a prerequisite to successful planning. Accordingly, recent advances in forecasting techniques are of exceptional value to corporate planners. But most of forecasting mothods are reveal its limit and problem for precision and reliability duing to each relationship for raw data and possibility of explanation for each variable. Therefore, to construct the Integrated Forecasting Model(IFM) for Information Factor Analysis, it shoud be considered that whether law data has time lag and variables are explained. For this. following several method can be used : Least Square Method, Markov Process, Fibonacci series, Auto-Correlation, Cross-Correlation, Serial Correlation and Random Walk Theory. Thus, the unified property of these several functions scales the safety and growth of the system which may be varied time-to-time.

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Determinants of Share Prices of Listed Companies Operating in the Steel Industry: An Empirical Case from Vietnam

  • NGUYEN, Phu Ha;NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Thanh Tam;HO, Van Nguyen;DAO, Trong-Khoi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.131-138
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    • 2020
  • In accordance with huge demand for capital to meet the expansion of steel production, there are more and more steel companies who have officially listed their stocks in HOSE and HNX. One of the key issues in successful initial public offerings and seasonal offerings for these companies is how to make stocks of steel companies become more attractive in the eyes of investors. The purpose of this research is to analyze the determinants of share prices of listed steel companies in Vietnam. This study utilized macro-economic variables, ratios and indicators representing characteristics of steel industry collected from Quarter 1/2006 to Quarter 4/2019 in association with the panel data and the feasible generalized least square (FGLS) model to evaluate the degree of these factors on the share prices. The results of the research show that ROE, Cons_rate, and CO2_rate are three main factors affecting the share prices of listed steel companies. Among which, ROE and Cons_rate have a positive effect, while CO2_rate has a negative effect on the share prices of listed steel companies. It also confirms the relationship between the environmental factor, construction industry factor and the stock prices. This lays foundations for recommendations for the future policies towards environmental protection and sustainable development.

An Empirical Study on the Use of 3LPS by Chinese Manufacturers: Business Performance, Information Technology Capacity, Partnering, and Strategy Orientation (중국 제조기업의 제3자 물류 활용에 따른 전략적 지향성이 정보역량, 파트너십, 사업성과에 미치는 영향 연구)

  • Kim, Changbong;Hui, Ouyang
    • Journal of Korea Port Economic Association
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    • v.29 no.4
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    • pp.223-246
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    • 2013
  • The purpose of our study is to investigate the relationships among business performance, information technology capacity, partnering, and strategy orientation within China's manufacturing industry. Based on theoretical observations and precedent studies, we forward a hypothesis and conduct an empirical analysis through a structural equation model using AMOS statistical package. Our questionnaire survey targets senior managers of domestic Chinese manufacturing companies. The results of our study are as follows: First, strategy orientation has a significant positive effect on information technology capacity and partnering. Second, information technology capacity has a significant positive effect on business performance of Chinese manufacturers. Third, partnering has a significant positive effect on the business performance of Chinese manufacturers. Our results imply that information technology capacity, partnering, and strategy orientation are critical factors in determining successful business performance of Chinese manufacturing companies when they employ third party logistics.

Analysis of the Efficiency Technology Transfer Offices in Management: The Case of Spain and Kazakhstan

  • KIREYEVA, Anel A.;TURDALINA, Sharbanu;MUSSABALINA, Dinara;TURLYBEKOVA, Nadira M.;AKHMETOVA, Zauresh B.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.735-746
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    • 2020
  • This research is defined as a study regarding on structured and systematized of existing literature review of the intersection between intellectual property management, management and technology transfer offices (TTOs). It takes a deeper look at requirements within universities, scientific institutions and the business environment should be interconnected with each other. The literature review shows that TTOs have control over the process of knowledge transfer and they have contributed to improving the efficiency of the use of production and human resources. In this paper, authors proposed the methodological tools based on methodology model, which identified success factors for using project management in TTO between two countries - Kazakhstan and Spain. Further, we used methodology is focused on solving the problems of quantitative analysis based on the use of primary data, which allowed us to reach a huge number of respondents without any restrictions, and secondary data from statistical database. Findings and results are summarized at the end of article show that Kazakhstan is following the path of the Spanish experience. However, Kazakhstan can become more successful in commercializing scientific technologies and transferring knowledge and technologies. In turn, Spain can use the data from our analysis to work on barriers and improve the activities of TTOs.

A Study on the Systematic Approach for the Management Science Implementation (경영과학의 실행을 위한 체계적 접근에 관한 고찰)

  • 김민성
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.9 no.13
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    • pp.51-61
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    • 1986
  • The management science was concerned about how to use the main point of the management science model and it's technique by the rational primary factors. The problem's definition, estabilished of the model and it's solving. These function are very difficult and important problems, what is more important, are the model of management science's real prosecution to the manager and management scientist. The management science give us a clue to the solution of a business problem. To get needs conclusion and achieving the estabilished object, we must implement a plan, a stratgem, a policy. If we were not implementing the recommended items, we may call the estabilished model and problem solving impractical, ivory-tower theorizing. But, the implementation of management science model is a complicated problem that is involved mutual relations of managers and management scientist, linkage parts member and the resources of organization. And the other problems of implementation are very complicated problems composed of technologic and economic, social and politic, psychological. This paper reports the implementation of a success that possibly studies a fluent and a chief cause to systematic analysis. Then, first of all I will define of implementation and from these, construction of a unity system, I continue with a catch hold of a main point and a fluent for the successful implementation.

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The Factors Affecting Kyrgyzstan's Bilateral Trade: A Gravity-model Approach

  • Allayarov, Piratdin;Mehmed, Bahtiyar;Arefin, Sazzadul;Nurmatov, Norbek
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.95-100
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    • 2018
  • The study investigates the factors that affect Kyrgyzstan's bilateral trade flows with its main trading partners and attempts to predict trade potential for Kyrgyzstan. Using panel data, the gravity model is applied to estimate Kyrgyzstan's trade from 2000 to 2016 for its 35 main trading partners. The coefficients derived from the gravity-model estimation are then used to predict trade potential for Kyrgyzstan. Results proved to be successful and explained 63% of the fluctuations in Kyrgyzstan's trade. According to the results, Kyrgyzstan's and its partners' GDP have a positive effect on trade, while distance and partners' population prove to have a negative effect. Predicted trade potential reveals that neighboring countries (China, Kazakhstan, Uzbekistan, and Tajikistan) and Russia still have a significant trade potential. Kyrgyzstan, being a less developed economy, even by Central Asia standards, can only achieve its goals of reducing poverty and becoming more developed by increasing its overall trade with the rest of the world. Therefore, it is essential to study the main determinants of Kyrgyzstan's bilateral trade. In this way, we can help policy makers formulate policies to expand Kyrgyzstan's trade. This study is the first attempt to apply to the gravity model to Kyrgyzstan in an attempt to predict trade potential.

A Study on the Cooperative of Franchise Industry : Focusing on the Case of US Dunkin' Donuts (프랜차이즈산업의 협동조합에 관한 연구 - 미국 던킨 도너츠를 중심으로 -)

  • Choi, In-Sik;Lee, Sang-Youn
    • The Korean Journal of Franchise Management
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    • v.3 no.2
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    • pp.1-19
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    • 2012
  • This study intends to suggest the cooperative, win-win collaboration, as methods for settling disputes with the existing self-employed people over back-street business areas and disputes and conflicts between a franchiser and franchisees. In addition, it intends to analyze the Dunkin' Donuts purchasing cooperative in the US, where the franchising industry has been well developed; and to find the implications of cooperation strategies between Dunkin' Donuts and its franchisees that may be helpful for the South Korea's franchising industry. This study tries to discover a new model of the Korean-style franchise cooperative out of the basic principles and practice guidelines of cooperatives ranging from an early American franchise cooperative in 1955 to ARCOP, KFC, and Dunkin' Doughnuts in the late 1970s. Further, it looks into successful programs of a purchasing cooperative at Dunkin' Donuts such as TDP (Total Distribution Program), SFP (Shortening Futures Program) and DCP (Distribution Commitment Program). The case of the US Dunkin' Donuts, which operates the purchasing cooperative, suggests the following for the improvement of franchisees' profitability. First, relations of cooperation rather than of power are necessary between a franchiser and franchisees. Second, mutual solidarity of franchisees is necessary. Third, problems proper to the Korean franchise system should be improved. Fourth, an entrepreneurial spirit of going together rather than going fast is required. Fifth, complete satisfaction management is required. Considering different system environments between the two countries such as quantitative expansion within a short franchising history of 30 years or so and franchise profit models, there is a limit to generalizing down to a successful model of the win-win partnership cooperative. It is hoped that the sustainable management of the domestic franchising industry will be promoted in the future through the in-depth analysis of successful cooperatives.