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The Research Study on Innovation Development of China Steel Corporation.Yang, Fu-Tsai 27 December 2007 (has links)
Due to these impacts from the price raising of the materials, the moving out of the industries, the rise of mainland China, and the merger of industries . China Steel Corporation will face more serious challenge from the global competition in the future.
Although China Steel Corporation manages well, the past successful experiences could not promise future success. The competitive environment of industry is changing rapidly. To deal with this is to create and develop on the go, to proceed in time, to get with it, to respond quickly and lead the trend then can ensure to keep the development of competition superiority to make China Steel Corporation sustainable development.
The target of innovation development for China Steel Corporation :
1.To research and develop high quality and high value for market segmentation.
2.To foster new technology and execute blue sea strategy for creating new market of non competition.
3.To develop on line equipment of automatic inspection system for ensuring quality innovation of products.
4.To research positively the investing chances for the materials of coal and iron mines to maintain the cost and quality of production.
The key points of success for promoting innovation program as below:
1.The innovation program is for future innovation and brings with high risk. Therefore, it should offer related staffs more encouragement and assistance.
2.The innovation program needs cross department¡¦s coordination and cooperation for future application.
3.To promote the innovation program to the highest level of the company, it needs to track the execution progress and plan the topic of new program quarterly.
It should take notices as below for the future development of China Steel Corporation.
1.To Integrate resources for managing the competition of inner and outer environment.
2.To organize human resources reasonably for hiring new employees in advance for retirement tide would increase the organization vitality.
3.To add production lines of high quality for speeding up procedure raise effects for creating beneficial market.
4.To speed up the investment of steel materials in demanded and grown countries for responding effectively to the growing power of each country and area.
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A Study of the Influence of Enterprise Pensions System on Work Force Age Structure and Work Force Utilization in China Steel CorporationWong, C.T. 15 June 2000 (has links)
A Study of the Influence of Enterprise Pensions System on Work Force Age Structure and Work Force Utilization in China Steel Corporation
THESIS ABSTRACT
The key factor of whether an enterprise can achieve its operation goal is effective utilization and management of human resources. In order to accomplish the goal of effective recruitment, training, utilization and retaining of human resources, an enterprise should monitor and control the status of the environmental change and enterprise development, and plan, improve and implement its human resource management system constantly.
China Steel Corporation (CSC) was officially registered on December 3, 1971. As of the end of January, 2000, CSC has 8,973 employees with an average age of 43.97. Among them, 5,617 or 62% of its total employees are between 40 to 50 years. The aging statistic indicates a relatively narrow age spectrum, which results in the over concentration of education degrees, ages and years in services of its employees, i.e., the homogeneity of its human resources. Once the business expansion of the enterprise becomes slow or even remains stagnant, its human resources can not be effectively dispersed or reallocated, which indicates limited promotion opportunities due to a lower turnover rate. Consequently, the company development is eligible to its canyon period, and growth is ended; then human aging becomes deteriorating. However, the legal labor pensions system is of very limited influence to improve CSC worker turnover rate and age structure. This pension system can not solve the current problem.
Thus, we analyze and examine feasible human resource strategies in CSC from the work force utilization aspect. We also recommend a series of strategic thinking, e.g. its internal retirement adjustment, preferential early retirement, CSC Group work force utilization, business outsourcing, inner createpreneur help, etc., to improve the workers' age structure effectively, keep excellent replacement, activate work force, and enhance human resource utilization efficiently. By doing so, CSC will constantly upgrade its competitive advantage, and ensure its continuous operation.
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The Information Contents of EVA-Taking China Steel Corp. as ExampleHsu, Chang-Rong 01 July 2003 (has links)
EVA is the difference between a firm¡¦s net operating profit after taxes and its cost of invested capital. While in EVA calculation, some adjustments on GAAP are made to avoid potential information distortion. This study is to calculate CSC¡¦s EVA using Stern Stewart & Co.¡¦s approach and to discuss its information contents.
The conclusions of this study are presented as follows¡G
1.For CSC, EVA is better than RI and traditional accounting measures of EPS and ROE in explaining stock prices and MVA.
2.The superiority of EVA to RI in explaining stock prices and MVA means that equity equivalent reserve adjustments are needed for calculating EVA.
3.EVA explains share prices and MVA better after CSC privatized, but the sensitivity of share prices and MVA response to EVA has decreased.
4.By stepwise regression tests, contemporary share prices are best explained by lagged EVA. Contemporary EVA cannot predict future share prices.
Implication of this study:
CSC¡¦s EVA measure has higher correlation with its share prices and MVA, EVA results would be reflected to share prices and MVA. Therefore, investment evaluation, performance appraisal and bonus plan by EVA-based are suitable for CSC and its subsidiaries. Using plenty surplus cash to purchase back shares for reducing capital stocks is the most efficient way for CSC to increase EVA. Disclosing EVA related information may improve company transparence and therefore enhance share prices and shareholders¡¦ wealth.
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A Study on Prevention and Management of Business Crisis- Cases of China Steel GroupLiang, Ya-Tang 01 September 2011 (has links)
Abstract
China Steel Corporation (CSC) was established in 1971. As all employees having been toiling together, has gradually forged itself as an affirmed enterprise group. During the late 1980s, the increasing civil awareness of environmental protection has caused mass and continuous violent protests. In view of this, CSC, a state-owned company then, abided by the Government policy to strengthen good relations with communities, established communication channels with the Legislative Yuan, the congress in Taiwan, and the media, so as to reinforce the communication with the stakeholders and improve crisis management effectiveness. In April 1988, CSC¡¦s Public Relations Office was established to promote public relations-related activities. It was renamed as Public Affairs Office after the privatization of CSC in 1995. During this evolutional process of environmental civil rights the author was fortunate enough to grow up together with CSC, and participated in many cases of crisis management. Experience shows that the first priority of crisis management is crisis prevention, and the highest level of crisis management is to transform the crisis into opportunity. Otherwise, a corporate will pay a significant price, and compromise its image. Realizing the importance of crisis prevention and management to a corporate, the author selects this issue as a research subject.
This study is based on the process of crisis management proposed by Mitroff & Pearson as the main theoretical framework. The five stages proposed include (a) signal detection, (b) probing and prevention, (c) damage containment, (d) recovery, (e) learning. This study adopts the case analysis and depth interviews as research method, supplemented by literature review in order to verify both the practice and theory to be coherent and consistent. Two cases, foreign labor event of K Corporation and fire accident of C Corporation are studied by depth interviews with experts in crisis management of CSC Group. In addition, this study particularly strengthens the design of the interview to make the research more complete and satisfactory. This study selects the people with practical experience in these events as the interviewee. Through depth interviews, this study tries to present a more objective view of these events from the aspects of scope, depth.
From the case study, it is found that most companies neglect the concept of crisis prevention, however, pay much attention to handling the crises instead. As a result, these companies have to pay more cost and price for their ignorance of crisis prevention. Study also found that over the past twenty years, there were several occurrences of crises in CSC Group companies. Substantial compensation has never been the case occurred. However, C Corporation was obliged to compensate as the company¡¦s event of fire, which brings the CSC Group serious sequela and potential crisis, and as a result, increases the difficulties of crisis management. This study tries to provide some recommendations that would be helpful for CSC Group and other businesses for their reference and in establishing systems of crisis prevention and crisis management.
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The Development of B to B E-Marketplace and Interactions Between Industries and B to B E-Marketplace in Taiwan--Take China Steel, SYSCO, and Yulon For ExampleHsu, Da-Wei 17 June 2001 (has links)
Abstract
The purpose of the thesis is to explore two main subjects. First of all by interviewing managers and researchers who are highly involved in industrial e-Marketplaces to understand the developing stage of e-Marketplace in Taiwan domestic Steel and Automobile industry. Then, this thesis will compare the interviewing results with related literatures and researching papers in order to analyze and explain the differences and reasons between them. Second, this thesis also tries to predict the future expanding trends of the domestic Steel and Automobile industrial e-Marketplaces and discusses the impacts on representative companies¡¦ strategies by e-Marketplaces and how the representative companies reach their strategic goals through using e-Marketplaces. The main conclusions of this thesis include the nine lists below.
1. The e-Marketplace can¡¦t replace all established trading process, trading habits and supply relations in the short run.
2. The e-Marketplace can let buyers touch more sellers, increase information transparency and get the commodities with lower price by grouping auctions.
3. Buyers will transfer their transactions to on-line e-Marketplace step by step.
4. E-Marketplace can let sellers touch more customers, decrease inventory cost and grasp the market reactions and news.
5. E-Marketplace is sellers¡¦ new channel, but most of sellers still sell their products through established websites and channels.
6. The functions of e-Marketplaces always emphasize on competitive bidding and auctioning instead of buyer-supplier relations.
7. When an industry fragmentation is lower, that the industrial e-Marketplace led by leading company will be finer; when an industry fragmentation is higher, that the industrial e-Marketplace governed by justice third party will be better.
8. The main revenue of the e-Marketplace comes from transaction fees, subscription fees, added service fees and license fees.
9. The key success factors of the e-Marketplace operating are to gather many buyers and sellers, the most comfortable business services, deeply domain knowledge, good trading relations and good uses of customer data.
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Cost Management System for Integrated Steel Production¢wA Case Study for China Steel CorporationLuo, Chia-Wen 22 June 2002 (has links)
It is a critical issue for enterprises to manipulate the competitive strategy, cost control, and increase ability in the intensive competition. The major duty of cost management is how to offer data or information that are truly needed for their managers, and how to present data or information on time, reasonable, or correct. In order to understand the cost management is satisfaction to its management decision or not, and what is its really need on cost management of target enterprise. This research adopted interview method which were given to each level managers and also try to access related information to prove the really requirement of cost management.
In this research, we computed the detailed product cost of target enterprise, and analyzed these figures under the basis of Standard Product Cost and actual cost. We found there were 474 categories included in this company of its norm of product item of F10 category. Furthermore, according to the cost data that showed on its financial report when we compared the cost of the detailed product norm, we found that the lowest was 92.92% below the average cost and the highest was 154.27% above the average cost. There is obvious difference between the lowest and the highest cost; therefore, as an information provider, he or she has the obligation to frankly express related data to managers and help them to make a correct decision.
The case company currently applies Standard Product Cost system as its cost system. However, it is not alike traditional cost system, there are some similar with Activity Base Cost system. In this dissertation, we will modify or add some cost data and procedure of cost process under current cost system.
After modification cost system, we attempted to calculate reasonable detailed product cost base on actual cost. Fortunately, when we combined the modification cost system and order system of the target enterprises, we discovered some results and those help us to realize cost information of customer and appraise the contribution of each sales order or every customer. To do so, we can provide the calculation of performance of product cost and exploitation efficiency of new product, before and after of quality improvement of each product. Finally, the modification cost system also can be used as reference for sales pricing and profit planning of combination production-sale system.
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A Study of Obstruction to Knowledge Management & Innovation of Steel Industry - Taking The China Steel Corporation as ExampleChen, Hsin-Pin 24 June 2003 (has links)
With the advent of the Age of Knowledge Economy, most businesses are gradually realizing that only knowledge can guarantee the long-term competition advantage for any individual business. To strengthen its competitive edge, China Steel Corporation (also known as CSC) has been actively investing in knowledge management in recent years. The purpose of this study, then, is an attempt to find out the factors that may be hindering CSC¡¦s knowledge management and innovation and possible solutions to these issues.
This study will first construct a relevant theory to knowledge management and innovation obstruction, followed by a discussion regarding the current situation of CSC¡¦s knowledge innovation and management. Through in-depth interview and questionnaire survey with CSC¡¦s individual departments, the present research is going to try to ascertain the factors in CSC¡¦s knowledge obstruction, to devise a plausible solution relevant to the company¡¦s problems, and to serve as an example for other businesses who may also be mapping their own knowledge management.
The primary research subject of this study includes current CSC staff with a rank of certified engineer or above. All subjects are arranged into five main groups according to their departments. A total of 410 questionnaires are issued, but only 244 responses are deemed valid and are included in the research. Through various statistical analyses, like Reliability analysis, descriptive statistical analysis, ANOVA, etc., the present study concludes with the following findings:
I.Through literature and interview, the cause and factors of knowledge management and innovation obstruction are discovered to be:
A.System: 1. A lack of knowledge inheritance, 2. Insufficient trigger, 3. No professional staff, 4. No operational standard.
B.Personnel: 1. Unwilling to share, 2. Insufficient training, 3. Insufficient time, 4. A lack of teamwork, 5. Insufficient understanding.
C.Platform: 1. Insufficient data, 2. Insufficient hardware, 3. Time inefficiency, 4. Operation difficulty, 5. Insufficient safety.
D.Management: 1. Insufficient understanding, 2. Insufficient willpower, 3. Insufficient support, 4.Insufficient communication.
II.This study, through questionnaire survey, has confirmed that the degree in which each factor magnifies the obstruction depends on:
A.In structural surface, platform is the most severe component, and personnel is considered to be a less severe component. The time inefficiency, insufficient safety and insufficient data are the three leading factors in the platform component, followed by personnel¡¦s insufficient time and insufficient hardware.
B.Unwilling to share, a lack of teamwork, and insufficient understanding are the mildest obstruction factors.
III.Most subjects of the survey consider the current progress satisfactory, and they also believe that the personnel component has the most progress among many other factors, followed by the work done in knowledge innovation. The platform receives the lowest progress rating.
IV.The relationship between individual difference, progress, and innovation obstruction:
A.Staff from different work units experiences significant difference in terms of ¡§innovation progress¡¨, ¡§system obstruction¡¨, ¡§personnel obstruction¡¨, ¡§platform obstruction¡¨, and ¡§management obstruction¡¨, etc. Sales unit people face more hindrance in system, personnel, and management than other units. Operation unit people experience the least obstruction, and they also acquire more ¡§innovation progress¡¨ than the sales unit.
B.Staff with different work positions experiences significant difference in terms of ¡§system obstruction¡¨, ¡§personnel obstruction¡¨, and ¡§management obstruction¡¨, etc. Engineers in general face more hindrance than other staff in terms of the three main categories ¡V¡§system obstruction¡¨, ¡§personnel obstruction¡¨, and ¡§management obstruction¡¨. On the other hand, technicians evidently experience less obstruction than other kinds of staff.
C.Staff with different educational backgrounds experiences significant difference in terms of ¡§system obstruction¡¨, ¡§personnel obstruction¡¨, ¡§platform obstruction¡¨, and ¡§management obstruction¡¨, etc. As a whole, staff with higher education will experience more obstruction and its accompanying factors.
D.Staff with different seniority levels experiences significant difference only in terms of ¡§personnel obstruction¡¨. The result of post-occupational multi-comparison analysis shows that this obstruction does not reach a significant standard.
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The Study of Institutional Change of CSC Privatization From the Perspectives of New Institutional EconomicsLi, Szu-Hung 06 July 2003 (has links)
In the economic development of Taiwan, the privatization of state-run enterprise has a very important mission in government policy. In the process of Taiwan¡¦s privatization of state-run enterprise, China Steel Corporation (CSC) has plays an essential role among the privatized institutions, and shapes the way and view of the privatization. Past researches were restricted to the enterprise evaluation happened before and after privatization, and stressed the use of the abstract modeling and mathematics, however, the relation between theory and practice has been touched very little in terms of the institutional change of privatization.
This study is to explore the privatization of CSC from the perspective of new institutional economics. The methodology used is qualitative approach, which differes from the qualitative approach. The primary approach is document analysis, and supplemented by Gadamer¡uQ&A logic¡v.
Under the self-adjustment to the change of internal institution and the adaptation to the change of external environment, the present analysis of CSC privatization, from the perspective of the change of property right and institution, will result in comparative prices change and new transaction profit, and new institution will create some arrangements, inspiration effect, etc.
The result of this research can be summarized as two points, which we hope may offer some contributions.
1. From the perspective of property right, the behavior of rent-seeking resulting from the involvement of interest groups during the CSC privatization process may easily cause the phenomenon of increasing transaction cost. Therefore, in the future plan for institutional change, we must consider the institutional environment and strategy to reduce the possibility of that phenomenon.
2. From the perspective of institutional change, the present study analyzed from the imposed institutional change of state-run CSC to the induced institutional change of privatization, and it can give a clear understanding in that the cultural change of enterprise has a critical influence to the institutional change.
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The study of oragnization knowledge creation process and affecting factors¡Xthe example of china steel knowledge creation activitiesLu, Yu-Lung 29 January 2010 (has links)
Abstract
Knowledge have gradually replaced the asset to become the most important resource of the organization , people are more and more concerned about how company do the knowledge selection , creation, storage and application in the recently 20 years. There are many researches to discuss about how organization manage its knowledge creation , but there are rare essays to discuss the process of knowledge creation. Nonaka had provided knowledge spiral model to explain how organization create knowledge, he predicted organization create knowledge through the SECI process ¡Vassociation , extermination, combination ,internalization, but he has never mentioned about the process of how individual create knowledge.
This article offer ¡§From individual to organization knowledge creation integration modal ¡§ which based on the viewpoint of information flow in knowledge creation process to discuss the affecting factors of knowledge creation. We analog the cognition development theory of Piaget and combined the SECI organization knowledge conversion of Nonaka to develop individual knowledge creation modal. From this modal , we predict the new thinking comes from the process which individual try to eliminate the information gap between the outside information and inside knowledge base through the dialectical process of assimilation and accommodation. When individual offer the new idea t to the other guy of the task force, it become the new outside information of the people to do the next dialectical process , and at that time the creation type will transfer from individual to organization . We consider organization knowledge creation is the information transforming process among the individuals in the group , the new knowledge is created in the dialectical process that go through antithetical concepts such as individual ¡V organization , tacit - explicit . From this integration model, we predict the affecting factors of knowledge creation which includes the selection of creator and the fitness of organization management. Finally, we try to find the fitness factors arrangement of the knowledge creation management through the resource construction model to construct the innovation ability as organization .resource , which will let the creative activity continuous running.
We interview the china steel knowledge creation activities, and use the modal what we develop to explain these cases , we also try to find the common factors of these successful activities and to find the process and the source of innovation and give some suggestion to these activities. It shows china steel cases own the most part of factors which a successful innovation need , but if these innovation activities want to last forever to become organization resource , they need to transfer the firm¡¦s frame of mind from individual achievement requirement to enterprise value emphasis.
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Study on the Relationships among Knowledge Management, Engineering Professionals¡¦ Core Competences and Job Performance ¢wTaking the China Steel Corporation as ExampleLin, Cheng-Guey 19 July 2001 (has links)
Abstract
Facing the advent of the knowledge-based economy, enterprises realization that the continuous competitive advantages are no longer land, labor and capital, but have been replaced by knowledge capital such as intellectual and innovation. Knowledge has become the critical core capital in the age of a knowledge economy flowing from information technology. The sole source of competitive advantage today is an organization¡¦s capability to learn through value cognition to create innovation value. Knowledge management has become the primary focus for enterprises in the 21st century.
Enterprises shall review the informative degrees of production and working process for the implementation of knowledge management. China Steel already has all production and working process data digitalized and acts as an e-business pioneer among domestic peers in the implementation of knowledge management.
This study establishes knowledge management documentation as the basis for questionnaire design. The relationships among knowledge management, engineering professionals¡¦ core competence and job performance for engineers at China Steel were studied through quantitative analysis and case study with moderating variables such as personal initiative and contextual factor. After analyzing the data, the results of the study indicate that:
1.Variations from different educational levels: For the task performance, personal performance is higher when the educational level of the engineering professionals¡¦ is lower. For the operation consciousness, although all are willing to take action for the benefit of the organization, the engineering professionals¡¦ with a lower educational level is the more enthusiastic.
2.Variations from different seniority: For the control cognition, people of higher seniority are more capable of forecasting the relationship between effort and performance, are more confident in judging an event, and are under less stress to carry out a task. While people of lower seniority are the opposite.
3.Variations from different age: In the task performance, the personal performance of older staff is superior. In control cognition, older staff is more capable of forecasting the relationship between effort and performance, are more confident in judging an event, and are under less stress to carry out a task.
4.Variations from different positions: Staff holding managerial positions above superintendent typically shows the leadership ability to influence job performance and motivate the changing.
5.A significant positive correlation was identified among knowledge management, engineering professionals¡¦core competence and job performance.
6.Knowledge management and engineering professionals¡¦core competence was positively significant to job performance.
7.Engineering professionals¡¦core competence was found to have a significant mediating effect between knowledge transfer and job performance.
8.Personal initiative and contextual factor were found to have a significant moderating effect among relationships of knowledge management, engineering professionals¡¦core competence and job performance.
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