News register
Search section
Search area
News Type
News type
Search date
Search word OR
List of related articles
Contents of related articles
No info was found
List of related articles
Contents of related articles
No info was found
View details
Information

11/25/2019 HYU News > Academics > 이달의연구자

Title

[Excellent R&D] The Institute for Knowledge Services Selected as a Pivotal Laboratory

Professor Hwang Seung-june (Division of Business Administration, ERICA Campus)

임지우

Copy URL / Share SNS

http://www.hanyang.ac.kr/surl/DVpCB

Contents

Each year, the National Research Foundation of Korea selects the ‘pivotal’ university laboratories to support the research of national value. This year, the Institute for Knowledge Services (IKS) of ERICA Campus was given the honor of becoming a pivotal laboratory. They will receive governmental support of 200 million won annually for three years, up to six years. IKS has conducted many notable studies on services of knowledge, and their current research topic, the ‘IC-PBL Education Method for leading consultants of middle and small-sized companies in the Fourth Industrial Revolution’ aims to strengthen one of the primary fields of knowledge services -- business consulting. Specifically, the aim is to design an education method to grow competent consultants, targeting Korea’s middle and small-sized companies in the era of the Fourth Industrial Revolution. The head of IKS is Professor Hwang Seung-june (Division of Business Administration, ERICA Campus).
 

Professor Hwang Seung-june (Division of Business Administration, ERICA Campus) and his Institute for Knowledge Services of Hanyang's ERICA Campus was recently selected by the National Research Foundation of Korea as a ‘pivotal' university research laboratory.


“One of the weaknesses of Korea is in the service of knowledge,” said Hwang. “A prime example of that weakness shows in the domain of business consultation.” Hwang pointed out that there are critical limitations in Korea’s current education of business administration. Most case studies are based on large foreign companies. Moreover, education is theory-based and outdated. In order to address this problem, Hwang suggested IC-PBL as the most suitable education model. “We are implementing IC-PBL as the main class model.” IC-PBL (Industry-Coupled Problem-Based Learning) is Hanyang’s own experimentative class method which focuses on practical problem-solving exercises using real-life issues. The class will be conducted through five steps: on the first week, a company’s personnel will explain the actual problem the company is currently experiencing. Then, students will first comprehend and analyze the situation, define the problem, name the root cause, provide a solution, and implement the solution. The results will receive feedback from the company’s personnel.

His proposal of such a class model is significant, not only because it addresses the problem of current Korean service of knowledge, but also because, as Hwang emphasized, there is a need to grow powerful domestic business consultants and consulting knowledge that could be implemented on Korea’s small and medium-sized companies. Also, with the Fourth Industrial Revolution, a new model of business consultation that handles big data and AI effectively is in demand. In order to achieve this, a practical analysis of on-site cases is necessary.
 

The Institute for Knowledge Services has conducted many notable studies on services of knowledge. With their latest research, they aim to develop powerful Korean business consultants. 


Hwang said that starting next semester, this education model will be implemented on Management Consulting post graduate school. The fields of industries will vary each class and each semester, including food, automobile, and service companies. Students of each class will experiment with drawing their own solutions using big data or AI analysis, paving their way to becoming a competent business consultant. "Our ultimate goal is to come up with a new, practical Korean business consultant model for small and medium-sized companies, and disseminate that knowledge,” said Hwang.




Lim Ji-woo        il04131@hanyang.ac.kr
Photos by Lee Hyeon-seon

Copy URL / Share SNS

0 Comments