Strategic infrastructure asset management : a conceptual framework to identify capabilities
Too, Eric G. & Too, Linda (2010) Strategic infrastructure asset management : a conceptual framework to identify capabilities. Journal of Corporate Real Estate, 12(3), pp. 196-208.
Purpose – The purpose of this paper is to develop a conceptual framework that can be used to identify capabilities needed in the management of infrastructure assets.
Design/methodology/approach – This paper utilises a qualitative approach to analyse secondary data in order to develop a conceptual framework that identifies capabilities for strategic infrastructure asset management.
Findings – In an external business environment that is undergoing rapid change, it is more appropriate to focus on factors internal to the organisation such as resources and capabilities as a basis to develop competitive advantage. However, there is currently very little understanding of the internal capabilities that are appropriate for infrastructure asset management. Therefore, a conceptual framework is needful to guide infrastructure organisations in the identification of capabilities.
Research limitations/implications – This is a conceptual paper and future empirical research should be conducted to validate the propositions made in the paper.
Practical implications – The paper clearly argues the need for infrastructure organisations to adopt a systematic approach to identifying the capabilities needed in the management of strategic infrastructure assets. The discussion on the impact of essential capabilities is useful in providing the impetus for managers who operate in a deregulated infrastructure business landscape to review their existing strategies.
Originality/value – The paper provides a new perspective on how asset managers can create value for their organisations by investing in the relevant capabilities.
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|Item Type:||Journal Article|
|Keywords:||Asset Management, Strategic Management|
|Subjects:||Australian and New Zealand Standard Research Classification > ENGINEERING (090000) > CIVIL ENGINEERING (090500) > Infrastructure Engineering and Asset Management (090505)|
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisational Planning and Management (150312)
|Divisions:||Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering|
Past > Schools > School of Urban Development
|Copyright Owner:||Copyright 2010 Emerald Group Publishing Limited|
|Deposited On:||21 Sep 2010 17:36|
|Last Modified:||01 Mar 2012 00:29|
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