WIT Press


The Approach To The Asset Management Strategy Choice In An Electric Grid Company

Price

Free (open access)

Volume

190

Pages

11

Page Range

61 - 71

Published

2014

Size

943 kb

Paper DOI

10.2495/EQ140081

Copyright

WIT Press

Author(s)

I. Volkova & E. Kornienko

Abstract

Nowadays, the formation and development of an asset management system of \“Russian Gridsˮ is one of the key processes and priorities of the company, covering all levels of management. On the one hand, the relevance of finding an optimal asset management strategy is caused by a necessity to synchronize the strategies of different business levels with the company’s strategy and to transmit the relationships between the strategies into the key performance indicators of business processes. On the other hand, all the subsidiaries of \“Russian Grids” are at different levels of development, and the same goals could not be achieved by all companies at the same time. This paper considers one of the possible approaches to searching an optimal asset management strategy for subsidiaries under the general direction of unified asset management strategy development and the corporate strategy. The asset management strategy choice depends on the level of its maturity and efficiency of the company with a necessity to synchronize the strategies of different business levels and to decompose relationships between these strategies through corresponding key performance indicators. Keywords: asset management strategy, corporate strategy, key performance indicators, reliability of power supply, JSC \“Russian Grids”.

Keywords

asset management strategy, corporate strategy, key performance indicators, reliability of power supply, JSC \“Russian Grids”.