• Title/Summary/Keyword: Return capability

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Analysis of the Relationship between Corporate IT Capability and Corporate Performance through Korea IT Success Cases: An Empirical Approach

  • Ha, Bong-Moon;Jeong, Seung-Ryul
    • Asia pacific journal of information systems
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    • v.20 no.3
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    • pp.91-114
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    • 2010
  • An IT system within a company play increasingly important role as a significant part of corporate assets. The IT system possesses an extraordinary ability to improve an organization's efficiency, effectiveness and productivity by providing competitive advantages and improving strategic business decision capabilities. Indeed, providing a more secure IT environment, improving employee productivity and enhancing business process and strategic decision capabilities are key areas to improve corporate performance. However, existing research on IT ROI of return on IT investments does not provide solid justification to stakeholders. In this paper, we analyze the IT investment during the past 28 years from 1982 to 2009 and present the results in two dimensions. First, we show the IT solution implementation analysis by years and industries based on 1,240 IT success cases from 8 different sources such as major Korea IT newspaper, IT magazines, and IT vendors. Then, the paper presents the relationship between IT capability through IT success cases and corporate business performance among 32 industries.

Control Logic Using Torque Map for a Column-Type Electric Power Steering System (토크맵을 이용한 칼럼형 전기식 동력조향 시스템의 제어로직)

  • 김지훈;송재복
    • Transactions of the Korean Society of Automotive Engineers
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    • v.8 no.4
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    • pp.186-193
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    • 2000
  • EPS(Electric Power Steering) systems have many advantages over traditional hydraulic power steering systems in space efficiency engine efficiency and environmental compatibility. In this paper an EPS system control logic using a torque map is proposed. The main function of the EPS system is to reduce the steering torque exerted by a driver by assist of an electric motor. Vehcile speed steering torque and steering wheel angle are measured and fed back to the EPS control system where appropriate assist torque is generated to assist the operator's steering effort. Another capability of the EPS system for easy adaptation to different steering feels via simple tuning is demonstrated by the experiments. It will be also verified that the EPS system can also improve damping and return performance of the steering wheel by control of the assist motor.

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A Study on Selection Capability and Investment Efficiency of Korean Venture Capitals (한국 벤처캐피탈의 선별력에 대한 분석)

  • Sohn, Dong-Won;Hur, Wonchang
    • Korean Management Science Review
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    • v.29 no.3
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    • pp.91-105
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    • 2012
  • This paper examines the investment efficiency of Korean venture capitals during 1987~2006 (20 years), focusing on their selection capability. Despite the Korean government's efforts, venture capital industry has evolved in a slow speed. Since the genesis of venture paradigm in Korea at 1997, venture capital industry as a macro unit has been fully discussed in Korean contexts. But venture capital's activities at micro level regarding each investment's outcome have not been examined. This study attempts to fill the voids of micro knowledge about each investment success rates by venture capitals. We analyzed venture investment records in 4,791 venture startups and their success rates. Their investment criteria were relevant to high potential industries and amount of tangible assets. But their criteria were not relevant to R&D intensity and financial growth of venture firms, which may indicate low level of maturity about Korean venture capital industry. We found that Korean venture capital's investment pattern may be originated from the low return of investment, so that efficiency of IPO markets is a prerequisite for the upgrade of venture capitals' efficiency. Some policy implications are discussed.

An Empirical Study of Relationships among IT Capability, Trust, and Attitude on RFID Adoption in Korea

  • Lim, Se-Hun;Kim, Soh-Young;Kim, Jin-Soo
    • Journal of Digital Convergence
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    • v.7 no.1
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    • pp.99-109
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    • 2009
  • Recently, many enterprises are interest in implementing Radio Frequency IDentification (RFID). However, they have some difficulty in implementing RFID because of incompleteness of RFID technology and uncertainty of Return on Investment (ROI). Even though usefulness of RFID are recognized, many enterprises are just interested in planning of RFID rather than implementation of RFID. Among successful factors of RFID implementation, Information Technology (IT) capability is the most important one. If enterprises have systematic IT capability, it would make positive attitude to implement RFID. In addition, it will provide trust about RFID and promote adoption of RFID implementation. This study, therefore, empirically analyzed the relationships of trust, attitude, IT capability, and intention to RFID adoption using Partial Least Squares (PLS) approach. The result show useful guidelines and practical implication in implementing RFID.

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Development of Coaching Model to Enhance Teaching Capability of Lifelong Educator (평생교육교수자의 교수역량 강화를 위한 코칭모델 개발)

  • Son, Sung Hwa;Kim, Jin Sook
    • The Journal of the Convergence on Culture Technology
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    • v.7 no.4
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    • pp.369-376
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    • 2021
  • The purpose of this study is to develop a coaching model which can enhance teaching ability of lifelong educator. To achieve this purpose, this study verifies and analyzes several documentary records related with diverse teaching capabilities, operation reality and coaching method run by lifelong educator. Furthermore, an in-depth interview about teaching capability was undertaken for field experts who have worked at the institutions of lifelong education for more than 10 years. As a result, the study could develop a coaching model to identify teaching capability of lifelong educator by conducting matrix analysis. First, according to the documentary studies, the paradigm for lifelong education has been shifted to centralize learner's demand with the advent of 4th industrial revolution and it suggests coaching capability which could enhance educator's capability should come first. A lifelong educator should have capabilities including identification of vision and goal, creation of mission declaration, development of coaching skill and procedure, management of crisis and coaching capability as an expert in the lifelong education field. Second, a model which can centralize learners could be developed for lifelong teaching capability by adopting a teaching capability suggested by field experts, According to the experts, it is essential to develop a program model to acquire professional knowledge, communication capability, understanding of adult learner, personal relations capability. If there is a model which can develop such capabilities, it is able to strengthen lifelong teaching capability to focus on learner's demand, mainly adult learners, a major consumer of the field. Third, a coaching model to enhance teaching capability for an educator is to acquire and implement sufficient step-by-step teaching capability which has been suggested from a procedure comprised of entrance, progress, critique and return. This, present study suggests, after the critique, a lifelong educator oneself can newly develop and extend a teaching capability basis on pursuing teaching capability as a lifelong educator through the return process.

Nonlinear response of fixed jacket offshore platform under structural and wave loads

  • Abdel Raheem, Shehata E.
    • Coupled systems mechanics
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    • v.2 no.1
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    • pp.111-126
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    • 2013
  • The structural design requirements of an offshore platform subjected to wave induced forces and moments in the jacket can play a major role in the design of the offshore structures. For an economic and reliable design; good estimation of wave loadings are essential. A nonlinear response analysis of a fixed offshore platform under structural and wave loading is presented, the structure is discretized using the finite element method, wave plus current kinematics (velocity and acceleration fields) are generated using 5th order Stokes wave theory, the wave force acting on the member is calculated using Morison's equation. Hydrodynamic loading on horizontal and vertical tubular members and the dynamic response of fixed offshore structure together with the distribution of displacement, axial force and bending moment along the leg are investigated for regular and extreme conditions, where the structure should keep production capability in conditions of the 1-yr return period wave and must be able to survive the 100-yr return period storm conditions. The result of the study shows that the nonlinear response investigation is quite crucial for safe design and operation of offshore platform.

Dynamic System Modeling for Closed Loop Supply Chains System

  • Wadhwa, Subhash;Madaan, Jitendra
    • Industrial Engineering and Management Systems
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    • v.7 no.1
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    • pp.78-89
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    • 2008
  • The need for holistic modeling efforts for returns that capture the extended closed loop supply chain (CLSC) system at strategic as well as operational level has been clearly recognized by the industry and academia. Strategic decision-makers need comprehensive models that can guide them in efficient decision-making to increase the profitability of the entire forward and return chain. Therefore, determination of a near optimal design configuration, which includes the environmental, economical and technological capability factors, is important in strategic decision-making effort that affect the profitability of the closed loop supply chain. In this paper, we adopted an improved system dynamics methodology to tackle strategic issues that affect various performance measures, like market, time/cost, environment etc., for closed loop supply chains. After studying real life implementation issues in CLSC design, we presented guidelines for the PBM (Participative Business Modeling) methodology and presented its extension for the strategic dynamic system modeling of return chains. Finally, we demonstrated the measurement of operational performance by extending SD (system dynamic) application to closed loop supply chain management.

A Prospective Observational Study of Return to Work after Single Level Lumbar Discectomy

  • Kang, Suk-Hyung;Seo Yang, Jin;Cho, Steve Sungwon;Cho, Yong-Jun;Jeon, Jin Pyeong;Choi, Hyuk Jai
    • Journal of Korean Neurosurgical Society
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    • v.63 no.6
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    • pp.806-813
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    • 2020
  • Objective : Lumbar disc herniation (LDH) is a common disease, and lumbar discectomy (LD) is a common neurosurgical procedure. However, there is little previous data on return to work (RTW) after LD. This study investigated the period until the RTW after LD prospectively. Clinically, the pain state at the time of RTW also checked. RTW failure rate 6 months after surgery also investigated. Methods : Patients with daily/regular jobs undergoing LD between September 2014 and December 2018 were enrolled. Pain was assessed by the Oswestri Disability Index (ODI) and the Numeric Rate Scale (NRS). Employment type was divided into self-employed, regular and contracted. Monthly telephone interviews were conducted to check RTW status and self-estimated work capability after surgery. Results : Sixty-seven patients enrolled in this study. Three patients failed to RTW, and three others resigned within 6 months after surgery. The preoperative NRS and ODI were 7.2±1.2 and 22.1±7.9, respectively. The average time to RTW was 5.1±6.0 weeks. At RTW, NRS was 1.5±1.8 and ODI was 6.3±3.9. Amongst patients that successfully returned to work were 16 self-employed workers, 42 regular employees, and three contracted workers. The time to RTW of self-employed, regular, and contracted workers were 5.9±8.8, 4.2±4.3 and 13.3±2.3 weeks, respectively (p=0.011). Thirty-six of the patients that returned to work self-reported a 22.8±15.6% reduction in work capability at 6 months. Conclusion : RTW may vary depending on the employment status. In this study, we found that while employment type may affect the length to RTW, most patients were able to RTW and >40% of patients reported no loss of work capabilities 6 months postoperatively, hopefully alleviating some patient hesitation towards LD.

Development of an active gust generation mechanism on a wind tunnel for wind engineering and industrial aerodynamics applications

  • Haan, Fred L. Jr.;Sarkar, Partha P.;Spencer-Berger, Nicholas J.
    • Wind and Structures
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    • v.9 no.5
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    • pp.369-386
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    • 2006
  • A combination Aerodynamic/Atmospheric Boundary Layer (AABL) Wind and Gust Tunnel with a unique active gust generation capability has been developed for wind engineering and industrial aerodynamics applications. This facility is a cornerstone component of the Wind Simulation and Testing (WiST) Laboratory of the Department of Aerospace Engineering at Iowa State University (ISU). The AABL Wind and Gust tunnel is primarily a closed-circuit tunnel that can be also operated in open-return mode. It is designed to accommodate two test sections ($2.44m{\times}1.83m$ and $2.44m{\times}2.21m$) with a maximum wind speed capability of 53 m/s. The gust generator is capable of producing non-stationary gust magnitudes around 27% of the mean flow speed. This paper describes the motivation for developing this gust generator and the work related to its design and testing.

A Study on Requirement Analysis of Unmanned Combat Vehicles: Focusing on Remote-Controlled and Autonomous Driving Aspect (무인전투차량 요구사항분석 연구: 원격통제 및 자율주행 중심으로)

  • Dong Woo, Kim;In Ho, Choi
    • Journal of the Korean Society of Systems Engineering
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    • v.18 no.2
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    • pp.40-49
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    • 2022
  • Remote-controlled and autonomous driving based on artificial intelligence are key elements required for unmanned combat vehicles. The required capability of such an unmanned combat vehicle should be expressed in reasonable required operational capability(ROC). To this end, in this paper, the requirements of an unmanned combat vehicle operated under a manned-unmanned teaming were analyzed. The functional requirements are remote operation and control, communication, sensor-based situational awareness, field environment recognition, autonomous return, vehicle tracking, collision prevention, fault diagnosis, and simultaneous localization and mapping. Remote-controlled and autonomous driving of unmanned combat vehicles could be achieved through the combination of these functional requirements. It is expected that the requirement analysis results presented in this study will be utilized to satisfy the military operational concept and provide reasonable technical indicators in the system development stage.