DEVELOPMENT OF MANAGERIAL DECISIONS IN MANAGEMENT OF PRODUCTIVE ASSETS OF A POWER GRID COMPANY
DOI:
https://doi.org/10.14529/em160412Keywords:
productive assets, stakeholders, management decisions, management strategy of productive assets, economic efficiency, harmonization of requirements of stakeholdersAbstract
The article is devoted to the development of managerial decisions on the basis of balance of interests
of critical stakeholders for the purposes of management of productive assets in JSC "Rosseti". The analysis
of approaches to management of productive assets showed that under the current environment conditions,
taking into account the typology of strategy management of productive assets, 3 modern concepts can be
used: Risk Based Management; Reliability-centered management; minimizing the cost of ownership of the
asset at all stages of the life cycle, each of which involves the achievement of goals of the stakeholders
while gaining a positive economic efficiency with the account of given financial constraints. The article
identified the critical stakeholders in the framework of the strategy of assets management and a corporate
strategy and identified their requirements evaluating the consistency of their interests. Taking into account
economic efficiency, consistency of requirements of stakeholders in the management of productive assets
and network readiness to carry the load, a decision matrix was formed to perform asset management for
each of the analyzed subsidiaries that are aimed at increasing the consistency of requirements of stakeholders
in the mid-term (4–5 years).
References
Волкова И.О. Эффективное управление произ-
водственными активами электросетевых компаний:
теория и методология. СПб.: Изд-во Политехн. ун-та,
254 с. [Volkova I.O. Effektivnoe upravlenie proizvodstvennymi
aktivami elektrosetevykh kompaniy: teoriya i
metodologiya [Effective management of productive assets
of the power grid companies: theory and methodology]. St.
Petersburg, 2008. 254 p.]
Woodhouse J. Combining the best bits of RCM,
RBI, TPM, TQM, Six-Sigma and other ‘solutions’. The
Woodhouse Partnership Ltd., 2003.
Volkova I.O., Kornienko E. The approach to the
asset management strategy choice in electric grid company,
in: Energy Production and Management in the21st
Century Vol. 1: The Questfor Sustainable Energy. Southampton,
WITpress, 2014. Pt. 2, pp. 61–71. DOI:
2495/EQ140081
Редина Е.С. Разработка стратегии управления
производственными активами российского энергети-
ческого холдинга на основе согласования интересов
заинтересованных сторон: маг. дис. М., 2011. [Redina
E.S. Razrabotka strategii upravleniya proizvodstvennymi
aktivami rossiyskogo energeticheskogo kholdinga na
osnove soglasovaniya interesov zainteresovannykh storon:
mag. diss. [Development of strategy of management
of productive assets of the Russian energy holding on the
basis of coordination of interests of stakeholders, master’s
thesis]. Moscow, 2011.]
Agle B.R, Donaldson T., Freeman R.E., Jensen
M.C., Mitchell R.K., Wood D.J. Dialogue: Toward Superior
Stakeholder Theory. Business Ethics Quarterly,
, vol. 18, iss. 2, pp. 153–190. DOI:
5840/beq200818214
Balmer J., Greyser S.A. Managing the Multiple
Identities of the Corporation. California Management
Review, 2002, vol. 44, no. 3, pp. 72–86. DOI:
2307/41166133
Capasso A. Stakeholder Theory and Corporate
Governance: The Role of Intangible Assets. European
Corporate Governance Institute Magazine, 2004, no. 10,
pp. 34–46.
Campbell J.D., Reyes-Picknell J.V. Uptime:
strategies for excellence in maintenance management,
nd ed. Productivity Press, 2006.
Catrinu M., Nordgard D. Integrating risk analysis
and multi-criteria decision support under uncertainty in
electricity distribution system asset management. Reliability
Engineering and System Safety, 2011, vol. 96, pp.
–670. DOI: 10.1016/j.ress.2010.12.028
El-Akruti K., Dwight R., ZhangInt T. The strategic
role of Engineering Asset Management.
J. Production Economics, 2013, vol. 146, pp. 227–239.
DOI: 10.1016/j.ijpe.2013.07.002
Post J.E., Preston L.E., Sachs S. Redefining the
Corporation: Stakeholder Management and Organizational
Wealth. Stanford, Stanford University Press, 2002.
Rappaport A. Creating Shareholder Value: A
Guide for Managers and Investors. Free Press, 1997. 224 p.
Rоdriguez M.A., Ricart J.E., Sanchez P. Sustainable
Development and Sustainability of Competitive
Advantage: A Dynamic and Sustainable View of the
Firm: Research Paper. University of Navarra, 2002, no.
, 20 p.
Scheffran J. Tools for Stakeholder Assessment
and Interaction. Stakeholder dialogues in natural resources
management: theory and practice. Springer-
Verlag Berlin Heidelberg, 2006, pp. 153–186. DOI:
1007/978-3-540-36917-2_6
Slinger G. Spanning the Gap: The Theoretical
Principles Connecting Stakeholder Policies to Business
Performance. Centre for Business Research, Department
of Applied Economics, Working Paper, University of
Cambridge, 1998.
Ryall M.J. Whole – Life Costing, Maintenance
Strategies and Asset Management. Bridge Management.
nd ed., pp. 355–378.
Klein P, Mahoney J, McGahan A, Pitelis C. A
property rights approach for a stakeholder theory of the
firm. Strategic Organization 2012, 10(3): 304–315. DOI:
1177/1476127012453108
Mahoney J., Asher C.C., Mahoney J. Towards a
Property Rights Foundation for a Stakeholder Theory of
the Firm: Working Paper. Academy of Management Business
Policy Strategy Division Symposium, 2004. 41 p.
Mark S. Reed, Anil Graves, Norman Dandy, Helena
Posthumus, Klaus Hubacek, Joe Morris. Who’s in and
why? A typology of stakeholder analysis methods for natural
resource management. Journal of Environmental Management,
, 90, 1933–1949. DOI: 10.1016/j.jenvman.
01.001
Frooman J. Stakeholder influence strategies.
Academy of management review, 1999, vol. 24, no. 2,
pp. 191–205.
