• Title/Summary/Keyword: global performance analysis

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Benchmarking of Strategic Performance of Global Top Construction Firms (사업구조 전략 분석을 통한 세계 선진기업 선정 및 특성분석)

  • Woo, Jung-Suk;Jang, Hyoun-Seung;Choi, Seok-In;Park, Chan-Sik
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.122-129
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    • 2009
  • Strategic planning is an essential function of senior management in any business firm. Planning involves the firm's behavior in an competitive market and adaptation of the company's resources towards the selected market strategy. This study presents a methodological procedure for strategic planning in global top-tier construction firms. This procedure consists of the following stages. First, analyzed growth of revenue in which weight of total construction firms' revenue shown in Global Top 225 Contractors(ENR). Second, analyzed specialty of construction products. The products are General Building, Power, Water Supply, Industrial/Petroleum Process, and Transportation. Third, analyzed business the portfolio plan. The business portfolio plan includes both local/overseas market and specification/diversification of construction products. It affects the subsequent choice of a benchmarking for development of each construction company. The choice of the benchmarking firm, among several available alternatives, should follow a careful analysis of the characteristics and benefits inherent in the implementation of each.

Hybrid Simulated Annealing for Data Clustering (데이터 클러스터링을 위한 혼합 시뮬레이티드 어닐링)

  • Kim, Sung-Soo;Baek, Jun-Young;Kang, Beom-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.2
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    • pp.92-98
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    • 2017
  • Data clustering determines a group of patterns using similarity measure in a dataset and is one of the most important and difficult technique in data mining. Clustering can be formally considered as a particular kind of NP-hard grouping problem. K-means algorithm which is popular and efficient, is sensitive for initialization and has the possibility to be stuck in local optimum because of hill climbing clustering method. This method is also not computationally feasible in practice, especially for large datasets and large number of clusters. Therefore, we need a robust and efficient clustering algorithm to find the global optimum (not local optimum) especially when much data is collected from many IoT (Internet of Things) devices in these days. The objective of this paper is to propose new Hybrid Simulated Annealing (HSA) which is combined simulated annealing with K-means for non-hierarchical clustering of big data. Simulated annealing (SA) is useful for diversified search in large search space and K-means is useful for converged search in predetermined search space. Our proposed method can balance the intensification and diversification to find the global optimal solution in big data clustering. The performance of HSA is validated using Iris, Wine, Glass, and Vowel UCI machine learning repository datasets comparing to previous studies by experiment and analysis. Our proposed KSAK (K-means+SA+K-means) and SAK (SA+K-means) are better than KSA(K-means+SA), SA, and K-means in our simulations. Our method has significantly improved accuracy and efficiency to find the global optimal data clustering solution for complex, real time, and costly data mining process.

An Imbedded System for Time Synchronization in Distributed Environment based on the Internet (인터넷 기반 분산 환경에서 시각 동기를 위한 임베디드 시스템)

  • Hwang So-Young;Yu Dong-Hui;Li Ki-Joune
    • Journal of KIISE:Computing Practices and Letters
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    • v.11 no.3
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    • pp.216-223
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    • 2005
  • A computer clock has limits in accuracy and precision affected by its inherent instability, the environment elements, the modification of users, and errors of the system. So the computer clock needs to be synchronized with a standard clock if the computer system requires the precise time processing. The purpose of synchronizing clocks is to provide a global time base throughout a distributed system. Once this time base exists, transactions among members of distributed system can be controlled based on time. This paper discusses the integrated approach to clock synchronization. An embedded system is considered for time synchronization based on the GPS(Global Positioning System) referenced time distribution model. The system uses GPS as standard reference time source and offers UTC(Universal Time Coordinated) through NTP(Network Time Protocol). A clock model is designed and adapted to keep stable time and to provide accurate standard time with precise resolution. Private MIB(Management Information Base) is defined for network management. Implementation results and performance analysis are also presented.

Exploring the Performance of Australian Construction Industry in a Recent Global Recession

  • Alfred, Olatunji Oluwole
    • Journal of Construction Engineering and Project Management
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    • v.1 no.3
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    • pp.1-8
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    • 2011
  • Available data on the recent global financial crisis (GFC) show that it lasted between the second quarter (Q2) of 2007 and the fourth quarter (Q4) of 2009. Australia is one of the first economies to fully recover from this crisis. This study explorles the role played by the Australian construction industry in stimulating economic growth during the recession. In order to investigate the macro-variability trend during the financial crisis, data were collected and analysed relating to the quarterly GDP of Australia and selected countries between Q1 2000 and Q4 2009. Specifically, changes in the construction industry's GDP were compared with aggregate GDP changes in Australian economy and similar indices in the 'Group of 7' (G7) countries and Organisation for Economic Co-operation and Development (OECD) countries. Moreover, specific attention was focused on Germany, France, Japan, United States of America (USA) and United Kingdom (UK). Graphical and Pearson's correlation methods were used to analyse the relationships between changes in construction GDP and Australia's overall economic growth during the recession. In addition, an attempt was made to develop a regression model for predicting economic growth during the recent recession using changes in gross fixed capital formation (GFCF), changes in construction GDP and the impact of these changes on national economy. Analysis shows a slight contraction in construction activities during the crisis; however construction triggered significant growth in the economy during the crisis period and afterwards. This appears to be the major difference between Australia and other major economies that have experienced a longer recession.

Exploratory Research on the Collaboration Patterns between Construction Firms using Social Network Analysis (사회연결망분석을 활용한 국내기업의 해외건설시장 공동진출 양상의 특성 분석에 관한 탐색연구)

  • Park, Hee-Dae;Jeong, Woo-Yong;Han, Seung-Heon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.382-387
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    • 2008
  • Current global construction market has grown at a dramatic expansion rate every year in connection with more market accessibility by foreign contractors. The market openness is largely due to globalization of world construction markets, rapid development of world-wide telecommunication technologies, the formation of collaborative acquisitions and joint ventures among contractors, development of regional Free Trade Blocks, and just name a few. This paper focuses on the formation of collaborative networks when expanding into new foreign markets. The social network analysis (SNA) is introduced to investigate a variety of the collaboration patterns and also their impacts on the performance. To this end, the collaboration cases of 600 international construction projects performed by Korean contractors since 1990 were collected and classified into firm's size, project types, collaboration modes, and performance levels using social network analysis. The results showed a direction in establishing business strategy associated with experienced or inexperienced contractors in international construction projects.

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An Empirical Study on the Effects of Technology Strategy and Technology Planning Capability on Firms' Profits (기업의 기술전략과 기술기획 역량이 경영성과에 미치는 영향 연구: 조직유연성의 조절효과를 중심으로)

  • Lee, Jongmin;Chung, Sunyang
    • Journal of Korea Technology Innovation Society
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    • v.18 no.1
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    • pp.1-27
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    • 2015
  • Korea has increased R&D investment continuously for the improvement of global technological competencies. Korea ranked first in the world with 4.15 percent in the ratio of R&D investment to GDP. In particular, the private sector occupies a crucial position of technological innovations in Korea, constituting 78.5% of total R&D investment. However, quantitative growth strategy is no longer effective, so efforts to enhance efficiency by upgrading qualitative level are badly needed. This paper studied methods for improving firms' business performance. For this, it tried to empirically verify technology strategy and technology planning capability's influence factors on the improvement of business performance. The study showed that technology strategy and technology planning activities have positive effects on the improvement of business performance. And it was revealed that coordination flexibility contributes to the enhancement of business performance by positively controlling technology planning activities. The study performed sample survey on the companies with R&D centers and multiple regression analysis and quantile regression were used for the analysis.

A Study on Scor model and BSC to estimate SCM Performance in Textile and Fashion Business (섬유패션기업의 SCM 성과 측정을 위한 Scor Model과 BSC 연구)

  • Shin, Sang-Moo;Choi, Jin-Hyuk
    • Journal of Fashion Business
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    • v.14 no.4
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    • pp.10-22
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    • 2010
  • To survive competitive global market, textile and fashion business incorporated Supply Chain Management strategy to make product and information flows fast and correct. Especially textile and fashion industry involves many complicated channels from up stream, middle stream, to down stream for delivering their production. Evaluating SCM performance is very critical to make better business profit model. Representative Scor model and BSC method are well fitted into textile and fashion business because of distributional complexity, non-financial factors to be considered, and innovative product characteristics. But there was little study to compare these two methods for textile and fashion business. Therefore, the purpose of this study was to investigate the Scor model and BSC method based upon review of literatures. The results of this study were as follows: Scor model had some strengths which were availability to apply for various industries due to standardized process, operation process emphasized, various customizable factors to compose for the company, and premise on SCM strategic execution. BSC method had some strengths which were the balance including financial and non-financial factors, qualitative analysis, and considering the goal and vision to convey organically from top to bottom of organization. The main differences between them were different scope to deal with performance estimating index from qualitative to quantitative analysis, the scope of human resources to manage, and possibility of performance comparison among companies.

Performance Analysis of GNSS Residual Error Bounding for QZSS CLAS

  • Yebin Lee;Cheolsoon Lim;Yunho Cha;Byungwoon Park;Sul Gee Park;Sang Hyun Park
    • Journal of Positioning, Navigation, and Timing
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    • v.12 no.3
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    • pp.215-228
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    • 2023
  • The State Space Representation (SSR) method provides individual corrections for each Global Navigation Satellite System (GNSS) error components. This method can lead to less bandwidth for transmission and allows selective use of each correction. Precise Point Positioning (PPP) - Real-Time Kinematic (RTK) is one of the carrier-based precise positioning techniques using SSR correction. This technique enables high-precision positioning with a fast convergence time by providing atmospheric correction as well as satellite orbit and clock correction. Currently, the positioning service that supports PPP-RTK technology is the Quazi-Zenith Satellite System Centimeter Level Augmentation System (QZSS CLAS) in Japan. A system that provides correction for each GNSS error component, such as QZSS CLAS, requires monitoring of each error component to provide reliable correction and integrity information to the user. In this study, we conducted an analysis of the performance of residual error bounding for each error component. To assess this performance, we utilized the correction and quality indicators provided by QZSS CLAS. Performance analyses included the range domain, dispersive part, non-dispersive part, and satellite orbit/clock part. The residual root mean square (RMS) of CLAS correction for the range domain approximated 0.0369 m, and the residual RMS for both dispersive and non-dispersive components is around 0.0363 m. It has also been confirmed that the residual errors are properly bounded by the integrity parameters. However, the satellite orbit and clock part have a larger residual of about 0.6508 m, and it was confirmed that this residual was not bounded by the integrity parameters. Users who rely solely on satellite orbit and clock correction, particularly maritime users, thus should exercise caution when utilizing QZSS CLAS.

Study on the Production Process of Performance Arts Visualization Projects: Focused on a Case Analysis of NT Live Cinema Broadcasts (공연예술 영상화 제작과정 연구:NT Live 시네마 브로드캐스트 사례분석을 중심으로)

  • Park, Jin-Won;Kim, Ga-eun
    • The Journal of the Korea Contents Association
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    • v.21 no.7
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    • pp.45-58
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    • 2021
  • This study aims to select representative performance art visualization projects that react to changes in the culture enjoyment methods and needs of contemporary performance art consumers for performance art culture value creation and vitalization that suit the Fourth Industry and a global age, verify new cultural value creation possibilities of performance projects, and look into important matters and keynotes of production processes. Focusing on the report 'NT Live-Digital broadcast of theatre Learning from the pilot season'(2011), a thorough analysis was conducted on the Royal National Theatre of England, a leading model of cinema broadcast performance visualization projects, including the purpose, production processes (copyright agreements, personnel compositions, filming and broadcasting), marketing methods, and audiences of its "NT Live" project and observations were made of production processes and cultural and artistic values that differ from existing performance art to examine administrative and financial keynotes for the sustainability of performance visualization projects. Through this, possibilities of source creations with artistic, cultural, and economic values that cinema broadcast (live performance broadcast) performance viewing methods have as a new form of performance art products can be verified. In addition, the development of various performance approaches that respond to the culture enjoyment methods and consumption patterns of audiences will result in the vitalization of performing arts visualization projects through the enhancement of popular appeal and the expansion of audience types of the performing arts field.