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KOMSCO Case Analysis
Contents
1. Introduction of the organization
Purpose of foundation
Main function
Reasons for choosing this organization
Sources of Information
2. Analysis of Problem
3. Solution to the Problem
Structure
Leadership
Motivation
Culture
4. Conclusion
Summary of possible solutions of the problem
Selection of the “best” solution and proposal
Reference
Appendix
1. Introduction of the organization
A. Purpose of foundation
Korea Minting and Security Printing & ID Card Operating Corporation (KOMSCO), established with full investment from the central government under special law in 1951,was founded to manufacture currency in the Republic of Korea.
B. Main function
Its major function is to manufacture the banknote, coin, national bond, various securities issued by the government, currency safety bond issued by the Bank of Korea, postage stamps, special government certificates and other special printed items. It also manufactures the papers needed for …(생략)
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while retaining principles of public accountability and fundamental public policy. Therefore, we expect that it is interesting to figure out how the government corporation overcomes its crisis, trying to meet the values which may conflict each other.
Secondly, we thought it is worthwhile to deal with the general problems that can happen to every organization. The hardship KOMSCO has been going through could be broadly defined as ‘rapidly changing environment’. This can be the problem for public sector organizations and private ones and also it really does not matter what kind of business they are dealing with. Therefore, it becomes possible to apply our analysis and suggestions to all other organizations, providing some tips to overcome the general crisis they are struggling with.
D. Sources of Information
We could get the data from the class note, text book, articles, monographs and interview. We took the interview from three people working in KOMSCO. Ki Don Cho who is w
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