Strategic infrastructure asset management: a conceptual framework to identify capabilities
Article
Article Title | Strategic infrastructure asset management: a conceptual framework to identify capabilities |
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ERA Journal ID | 19912 |
Article Category | Article |
Authors | Too, Eric (Author) and Too, Linda (Author) |
Journal Title | Journal of Corporate Real Estate |
Journal Citation | 12 (3), pp. 196-208 |
Number of Pages | 13 |
Year | 2010 |
Place of Publication | United Kingdom |
ISSN | 1463-001X |
1479-1048 | |
Digital Object Identifier (DOI) | https://doi.org/10.1108/14630011011074795 |
Web Address (URL) | http://doi.dx.org/10.1108/14630011011074795 |
Abstract | 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 changes, 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 – This is a conceptual paper and future empirical research should be conducted to validate the propositions made in this paper. Practical implications – The paper clearly argues the need for infrastructure organisations to adopt a systematic approach to identifying 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 – This research provides a new perspective on how asset managers can create value to their organisations by investing in the relevant capabilities. |
Keywords | infrastructure, strategic, asset management, capabilities |
ANZSRC Field of Research 2020 | 350709. Organisation and management theory |
330202. Building construction management and project planning | |
Public Notes | File reproduced in accordance with the copyright policy of the publisher/author. |
Byline Affiliations | Queensland University of Technology |
Bond University | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q1582/strategic-infrastructure-asset-management-a-conceptual-framework-to-identify-capabilities
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