Page Header

The Development of Business Management Model in the High Precision Cutting Tools Industry

Seree Gronphet, Kanit Chaloeyjanya, Bandit Suksawat, Preeda Attavinijtrakarn

Abstract


The objectives of the study in the high precision cutting tools industry are: 1) To study the components of business management. 2) To establish a business model. 3) To prepare a guide for industrial business management. The research process is divided into 3 steps as follows: Step (1) A study of the components of business management including theories, business processes, knowledge management and concerned thesis. Step (2) Establishing a Business Management Model by (2.1) Qualitative In-Depth Interview with experts. (2.2) Quantitative data collection by using a questionnaire with entrepreneurs. (2.3) Prepare a draft business management model. (2.4) Focus group by review draft and provide critical analysis. Step (3) The preparation of the business guide are (3.1) Prepare a draft of the guide. (3.2) Distribute the handbook to experts to evaluate appropriateness. The populations in the study are entrepreneurs in Thailand. Mean and standard deviation is expressed in percentages. The results of the research are as follows: 1) Components of Industrial Business Management consists of 3 dimension : (1.1) Entrepreneur (1.2) Process and (1.3) Technology. 2) Business Model consists of 3 main components and 12 sub-elements 2.1) Entrepreneurial dimension consists of 5 sub elements:- Personal Mastery, Mental Model, Shared Vision, Team Learning, and Systematic Thinking. 2.2) Process dimension consists of 4 sub elements : Planning, Organizing, Leading, and Controlling. 2.3) Technology dimension consists of 3 sub elements of Innovation are Product, Technology, and Management and 3) Business Management Guide use for as a guide by entrepreneurs to ensure sustainable growth and to be competitive in this market

Keywords


Model Development; Business Management; High Precision Cutting Tools

[1] Office of The National Economic and Social Development, "Reported GDP Y2012-Growth Y2021," 2013. [Online]. Available: http://www. biztempnews.com/index.php/ eco-nomics/ item/1653-NESDBreportedGDPy 2012-Growth Y2021. [Accessed 25 February 2013]. (in Thai)

[2] Office of Industrial Economics, Ministry of Industry, "National Industrial Development Master Plan Y2012 – 2031," 2011. [Online]. Available: http://www.oie.go.th/academic/ NationalIndustrialDevelopmentMasterPlanY2012-2031. [Accessed 10 March 2013]. (in Thai)

[3] J. S. Edwards, D. Shaw and P. M. Coll, "Knowledge management systems: Finding a way with technology," Journal of Knowledge Management, vol. 9, no. 1, pp. 113-125, 2005.

[4] A. Kraiyuth, Model Development of Business Management for Hotel Industry in Thailand, Doctor of Business Administration, Industrial Business and Human Resource Development Graduate College, King Mongkut’s University of Technology North Bangkok, 2014. (in Thai)

[5] P. Chandratip, Factors affecting business performance after financial rehabilitation, Ph.D. Doctor of Philosophy Program in Development Administrator Graduate School of Public Administration, National Institute of Development, 2010. (in Thai)

[6] P. Tansaenee, Model for Key Success Factors of an Executive’s Career in the Information and Communications Technology Sector of the Securities and Exchange Commission of Thailand, Ph.D. Philosophy in Social Science, Ramkhamhaeng University, 2007. (in Thai)

[7] L. Sutummanon, The human resources profession competencies for business organization in Thailand, Ph.D. Philosophy in Social Sciences, Ramkhamhaeng University, 2008. (in Thai)

[8] B.-a. Phinaitrup, "Organization and Knowledge Management: A Study of Successful Companies in Thai Private Sector," Nida lopment Journal, vol. 49, no. 1 (Special Issue), pp. 130-140, 2009. (in Thai)

[9] B. Butein, Model of Entrepreneurs’ Development for Readiness in Facilitating Foreign Employees of Software Industries, Doctor of Business Administration, Industrial Business and Human Resource Development Graduate College, King Mongkut’s University of Technology North Bangkok, 2014. (in Thai)

Full Text: PDF

Refbacks

  • There are currently no refbacks.

Comments on this article

View all comments


ISSN: -