The research is a study for checking up on what are the factors(consumer, supplier) of management consulting that make impacts to the organization performs innovation activity for the sake of successful performance, how management consulting factors a...
The research is a study for checking up on what are the factors(consumer, supplier) of management consulting that make impacts to the organization performs innovation activity for the sake of successful performance, how management consulting factors affect on innovation activity, and whether management performance of organization can be affected through innovation activity. The research model for the study is as follows,
I've confined for study to industry of automobile parts which develop innovation activity actively as a sample. For the research, I circulated 791 questionnaires to companies which had an experience of innovation activity through management consulting among Tier 1, Tier 2 and Tier 3 suppliers that supply parts to automobile ones and collected 286 questionnaires(return rate 36.2%) from them. 260 questionnaires were utilized for this research except 26 ones which were unfaithful answers and for securing for credibility.
The research result will be summarized as follows:
First, consumer factor of management consulting that is 'Credibility of consulting', 'Understanding tasks', 'Participation of members' and 'Manager support' have a positive(+) influence to management innovation and to technical innovation.
Second, suppler factor of management consulting that is 'Recognition of consulting company', 'Consulting capability', and 'Consultant's professionalism' have a positive(+) influence to management innovation and to technical innovation.
Third, the innovation activity has a positive(+) influence to non-financial performance as well as financial one from the significance test about relationship between innovation activity and management performance.
Fourth, it is verified that management innovation and technical innovation perform a role of partial mediator effect of financial performance and non-financial performance regarding with the mediator effect for innovation activity in a relationship between management consulting factor and management performance. But in the small company-turnover less than KRW 30 billion, employee less than 300 people, it shows that innovation activity performs a role of partial mediator on managemental performance. In major company-turnover over KRW 30 billion, employee over 300 people, it is verified that innovation activity performs a role of partial mediator on non-financial performance not on financial. That is to say, it is considered that major company is improved non-financial performance through innovation activity and thereafter it affect on financial performance at some intervals.
The implication of research from an academic point of view is as follows:
First, it is cleared up specifically more on consumer factor and supplier factor for improving management performance based on the advanced research.
Second, although the researchers of advanced research considered management consulting and innovation activity as a synonym and conducted study about performance relationship with every individual variable of management consulting and innovation activity, form this research I studied about relations between management consulting and innovation activity and it is attached a sense to an academic word to verify the relation for that.
Third, it is worthy of verifying on mediation role of management performance by verifying the mediator effect between the two variables on management consulting and management performance.
Fourth, in knowledge-based economy and it is of great importance of knowledge-based economy, though a role of management consult is getting bigger, there are lots of insufficiencies to develop a successful model. Therefore it is considered that the research provides academic basis on improvement effect of management performance through innovation activity which is utilized management consulting.
The implication of research from an operational point of view is as follows:
First, from the point of view of companies that try to improve management performance through innovation activity, it is recognized that consumer factor and supplier one of management consulting are very important to improve result through technical innovation and management innovation.
Second, from the point of view of management consulting company that supply consulting services for supporting innovation activity of company, consulting programme which is more fundamental and can improve constitutional structure rather that management consulting that considered more on short-term performance must be developed and performed. Third, the research is a positive study upon the subject if automobile industry related with management consulting, innovation actively and management performance. Therefore it is considered that the research will form the basis of bringing up the topic about considerations for developing and promoting consulting business and automobile parts industry to all persons concerned who are working actively related with consulting business and automobile industry.
Key words : Management consulting, Innovation, Performance, Mediation effect, Automobile industry, Consulting industry