WorldWideScience

Sample records for enterprise asset management

  1. On the management and operation of enterprises intangible asset

    Science.gov (United States)

    Zhu, Yu; Wang, Hong

    2011-10-01

    Since entering the knowledge economy, the management of intangible assets becomes an important part of manage, this article discusses the problem of management on intangible assets, the properties of intangible assets, and the channels of management and operation on intangible assets, and stressed the important role of intangible assets in the development and innovation of the enterprise.

  2. Enterprise Digital Asset Management System Pilot: Lessons Learned

    Directory of Open Access Journals (Sweden)

    Yong-Mi Kim

    2007-12-01

    Full Text Available Enterprise digital asset management (DAM systems are beginning to be explored in higher education, but little information about their implementation issues is available. This article describes the University of Michigan’s investigation of managing and retrieving rich media assets in an enterprise DAM system. It includes the background of the pilot project and descriptions of its infrastructure and metadata schema. Two case studies are summarized—one in healthcare education, and one in teacher education and research. Experiences with five significant issues are summarized: privacy, intellectual ownership, digital rights management, uncataloged materials backlog, and user interface and integration with other systems.

  3. Positioning the Learning Asset Portfolio as a Key Component in an Organization's Enterprise Risk Management Strategy

    Science.gov (United States)

    McAliney, Peter J.

    2009-01-01

    This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

  4. INTANGIBLE ASSETS – IMPORTANT RESOURCE FOR ENTERPRISE PERFORMANCE MANAGEMENT

    Directory of Open Access Journals (Sweden)

    ANDREEA PAULA DUMITRU

    2011-04-01

    Full Text Available Along time, the goal of intangible assets became very important for the activity and prosperity of business. This matter is achieved as well as more and more the companies operate in a global economy which has as main base the digital revolution and information management. The increase of the immaterial investments percent requires evaluation and recognition criteria by knowledge, intelligence and human competence. But recently, the accounting standards were about to accord negligible attention or even totally ignored the appropriate modalities of report this category of assets. The accounting, obliged to bend to economic, financial and juridical logics, in a „Taylor” modality, presents an unreal image of the company economic life and particularly of investment activity. In a competitive environment, the reliability of future economic benefits, generated by investments, depends less on their material or immaterial nature and more on the characteristics of the market they operate on. These are just a few reflections which determined us to focus our attention to this thoughtprovoking domain of immaterial investments, appreciated as a potential for the company.

  5. The Enterprise Value Creation Management Process and Intangible Assets - the CERM/ROIAM Approach (Japanese)

    OpenAIRE

    KARIYA Takeaki

    2006-01-01

    As Robert Redfield has stated, culture is a shared common knowledge and understanding to be manifested in behavior and processed goods. Intangible assets are the fundamental source of enterprise value creation. In this paper we first aim to clarify the compound, complex and multilayered processes whereby intangible assets contribute to value creation, and then aim to formulate the framework of an effective and comprehensive management process referred to as CERM/ROIAM. This approach makes it ...

  6. The role of enterprise asset management system in the PVO group's business

    International Nuclear Information System (INIS)

    Jaervinen, J.

    1998-01-01

    This presentation describes the role of the Enterprise Asset Management (EAM) and Enterprise Document Management (EDM) in the PVO Group's business. The use of the functionality of the EAM (Immpower) and EDM (Documentum) is not limited only to the plant maintenance. All power plants and some other business functions and units will use the system in the future for financial management, activity based costing, purchasing, of materials, office supplies and fuel, invoice matching, project budgeting and costing, real estate management etc. The technical service concept of IT solution is also described in this presentation. The Information Management Strategy development as background to the project is also outlined together with the company information. The benefits of the common EAM system and related business process needs are also described. (orig.)

  7. The role of enterprise asset management system in the PVO group`s business

    Energy Technology Data Exchange (ETDEWEB)

    Jaervinen, J. [RAMSE Consulting Oy, Helsinki (Finland)

    1998-12-31

    This presentation describes the role of the Enterprise Asset Management (EAM) and Enterprise Document Management (EDM) in the PVO Group`s business. The use of the functionality of the EAM (Immpower) and EDM (Documentum) is not limited only to the plant maintenance. All power plants and some other business functions and units will use the system in the future for financial management, activity based costing, purchasing, of materials, office supplies and fuel, invoice matching, project budgeting and costing, real estate management etc. The technical service concept of IT solution is also described in this presentation. The Information Management Strategy development as background to the project is also outlined together with the company information. The benefits of the common EAM system and related business process needs are also described. (orig.)

  8. The role of enterprise asset management system in the PVO group`s business

    Energy Technology Data Exchange (ETDEWEB)

    Jaervinen, J [RAMSE Consulting Oy, Helsinki (Finland)

    1999-12-31

    This presentation describes the role of the Enterprise Asset Management (EAM) and Enterprise Document Management (EDM) in the PVO Group`s business. The use of the functionality of the EAM (Immpower) and EDM (Documentum) is not limited only to the plant maintenance. All power plants and some other business functions and units will use the system in the future for financial management, activity based costing, purchasing, of materials, office supplies and fuel, invoice matching, project budgeting and costing, real estate management etc. The technical service concept of IT solution is also described in this presentation. The Information Management Strategy development as background to the project is also outlined together with the company information. The benefits of the common EAM system and related business process needs are also described. (orig.)

  9. JACoW Integration of the vacuum SCADA with CERN's Enterprise Asset Management system

    CERN Document Server

    Rocha, Andre; Fraga, Jorge; Gkioka, Georgia; Gomes, Paulo; Gonzalez, Luis; Krastev, Tsvetelin; Riddone, Germana; Widegren, David

    2018-01-01

    With over 128Km of vacuum chambers, reaching pressures as low as in interstellar space, CERN is home to the largest vacuum system in the world. Its underlying architecture comprises approximately 15 000 pieces of control equipment, supervised and controlled by 7 Supervisory Control And Data Acquisition (SCADA) servers, and over 300 Programmable Logic Controllers (PLCs). Their configuration files are automatically generated from a set of ORACLE databases (vacDB) using a Java application (vacDB-Editor). The maintenance management of such an amount of equipment requires the usage of an Enterprise Asset Management system (EAM), where the life cycle of every equipment is tracked from reception through decommissioning. The equipment displayed in the vacuum SCADA is automatically integrated in its user interfaces (UIs) based on data available on vacDB. On the other hand, the equipment available in Infor-EAM for maintenance management activities (creation of work-orders, stock management, location tracking) resides i...

  10. IT Asset Management System -

    Data.gov (United States)

    Department of Transportation — ITAMS provides a web frontend for the managing of all HW Assets lifecycle data purchased by ATO since 2006. In addition it contains much of our Enterprise SW license...

  11. Green virtual enterprise breeding environments bag of assets management : A contribution to the sharing economy

    NARCIS (Netherlands)

    Romero, D.; Noran, O.; Afsarmanesh, H.; Camarinha-Matos, L.M.; Bénaben, F.; Picard, W.

    2015-01-01

    Green Virtual Enterprise Breeding Environments (GVBEs) are longterm strategic alliances of green enterprises and their related support institutions aimed at offering the necessary conditions to efficiently promote and establish common working and sharing principles with the intention of creating

  12. Making Enterprise Information Management (EIM) Work for Business A Guide to Understanding Information as an Asset

    CERN Document Server

    Ladley, John

    2010-01-01

    Organizations of all types struggle with information. Millions of dollars are spent on ERP applications to integrate data and yet this data still isn't accessible or relevant. Emails contain hidden liabilities. Safety manuals endanger workers. Worse, there is data and information being created and handled in every nook and cranny of large organizations, well out of view of formal oversight, but within view of customers and regulators. Thus far, any efforts to wrestle the "data-beast" to the ground have failed, and there exists a profound need for all levels of business management, not just IT,

  13. Contribution of Enterprise Asset Management (EAM) systems and CAP programs to support NPP life extension program

    International Nuclear Information System (INIS)

    Luanco, E.

    2007-01-01

    There is no specific IS (Information System) which supports the entire scope of a plant life extension, but there are a number of existing solutions that contributes to support it. Globally there are 2 categories of IS solution in the market: those supporting the Plant Life Improvement (PLIM) side of the life extension program and the others supporting the Plant Life Extension (PLEX) process side of it. The first category involves a large number of applications that span from ageing evaluation criteria programs, to monitoring solution for the critical components and to analysis and decision tools. The second category comprises solutions which support partially or globally the overall business process under a regulatory controlled manner. Both categories require 3 conditions to be satisfied: -) a comprehensive set of data (these data are often produced by various applications and the ability to correlate all the data together with a high degree of integrity is an important success factor); -) a feedback mechanism whose dual aspect is the monitoring of the ageing phenomena and the management of all the actions to be coordinated to ensure that preset objectives will be achieved in due time; and -) good people management to ensure particularly that staff will be well acquainted with new equipment or with new operating processes

  14. Proceedings: 2001 Nuclear Asset Management Workshop

    International Nuclear Information System (INIS)

    2002-01-01

    The fourth annual EPRI Nuclear Asset Management Workshop helped decision makers at all levels of nuclear enterprises to keep informed about developing nuclear asset management (NAM) processes, methods, and tools. The goal is to operate nuclear plants with enhanced profitability, while maintaining safety

  15. Developing a Framework For Managing Knowledge in Enterprises.

    Science.gov (United States)

    du Toit, Adeline

    1999-01-01

    Discusses the strategic management of knowledge assets for competitive advantage in enterprises. Presents an integrative, systematic approach that can be followed in order to improve the business value of the knowledge assets of an enterprise. (Author/AEF)

  16. Solar Asset Management Software

    Energy Technology Data Exchange (ETDEWEB)

    Iverson, Aaron [Ra Power Management, Inc., Oakland, CA (United States); Zviagin, George [Ra Power Management, Inc., Oakland, CA (United States)

    2016-09-30

    Ra Power Management (RPM) has developed a cloud based software platform that manages the financial and operational functions of third party financed solar projects throughout their lifecycle. RPM’s software streamlines and automates the sales, financing, and management of a portfolio of solar assets. The software helps solar developers automate the most difficult aspects of asset management, leading to increased transparency, efficiency, and reduction in human error. More importantly, our platform will help developers save money by improving their operating margins.

  17. Asset management techniques

    Energy Technology Data Exchange (ETDEWEB)

    Schneider, Joachim; Gaul, Armin J. [RWE Energy AG, Assetmanagement, Dortmund (Germany); Neumann, Claus [RWE Transportnetz Strom GmbH, Dortmund (Germany); Hograefer, Juergen [SAG Energieversorgungsloesungen GmbH, Langen (Germany); Wellssow, Wolfram; Schwan, Michael [Siemens AG, Power Transmission and Distribution, Erlangen (Germany); Schnettler, Armin [RWTH-Aachen, Institut fuer Hochspannungstechnik, Aachen (Germany)

    2006-11-15

    Deregulation and an increasing competition in electricity markets urge energy suppliers to optimize the utilization of their equipment, focusing on technical and cost-effective aspects. As a respond to these requirements utilities introduce methods formerly used by investment managers or insurance companies. The article describes the usage of these methods, particularly with regard to asset management and risk management within electrical grids. The essential information needed to set up an appropriate asset management system and differences between asset management systems in transmission and distribution systems are discussed. The bulk of costs in electrical grids can be found in costs for maintenance and capital depreciation. A comprehensive approach for an asset management in transmission systems thus focuses on the 'life-cycle costs' of the individual equipment. The objective of the life management process is the optimal utilisation of the remaining life time regarding a given reliability of service and a constant distribution of costs for reinvestment and maintenance ensuring a suitable return. In distribution systems the high number of components would require an enormous effort for the consideration of single individuals. Therefore statistical approaches have been used successfully in practical applications. Newest insights gained by a German research project on asset management systems in distribution grids give an outlook to future developments. (author)

  18. Asset management techniques

    International Nuclear Information System (INIS)

    Schneider, Joachim; Gaul, Armin J.; Neumann, Claus; Hograefer, Juergen; Wellssow, Wolfram; Schwan, Michael; Schnettler, Armin

    2006-01-01

    Deregulation and an increasing competition in electricity markets urge energy suppliers to optimize the utilization of their equipment, focusing on technical and cost-effective aspects. As a respond to these requirements utilities introduce methods formerly used by investment managers or insurance companies. The article describes the usage of these methods, particularly with regard to asset management and risk management within electrical grids. The essential information needed to set up an appropriate asset management system and differences between asset management systems in transmission and distribution systems are discussed. The bulk of costs in electrical grids can be found in costs for maintenance and capital depreciation. A comprehensive approach for an asset management in transmission systems thus focuses on the 'life-cycle costs' of the individual equipment. The objective of the life management process is the optimal utilisation of the remaining life time regarding a given reliability of service and a constant distribution of costs for reinvestment and maintenance ensuring a suitable return. In distribution systems the high number of components would require an enormous effort for the consideration of single individuals. Therefore statistical approaches have been used successfully in practical applications. Newest insights gained by a German research project on asset management systems in distribution grids give an outlook to future developments. (author)

  19. ENTERPRISES DEVELOPMENT: MANAGEMENT MODEL

    Directory of Open Access Journals (Sweden)

    Lina Shenderivska

    2018-01-01

    Full Text Available The paper’s purpose is to provide recommendations for the effective managing the companies’ development taking into account the sectoral key elements’ transformation. Methodology. The enterprise profits’ econometric simulation is conducted to determine the most significant factors influencing their development. According to the model testing result, their multicollinearity was revealed. To get rid of the multicollinearity phenomenon from the profit models, isolated regressors are excluded, namely, return on assets, material returns, return on equity. To obtain qualitative models with a small error of model parameters estimation and, accordingly, high reliability of the conclusion about the interrelation between the factors of the model and the resulting feature, factors in the income model that are not closely interconnected, that is, not multicollinear, are included. Determination coefficients R2 and F-criterion were calculated for model quality checking. The modern printing enterprises of Ukraine key elements, connected with integration into the global information space, are analysed. Results. The interrelation between a company’s development and earning capacity is identified in the study. The profit importance as the main source for enterprise financing is substantiated. Factors that have the greatest impact on the enterprises’ development are labour productivity, financial autonomy, working capital turnover, and the character of their influence is most adequately reflected by the power model. Peculiarities of the enterprises’ activity include increased competition at the inter-branch level, poorly developed industrial relations, and the own sources of financing activities shortage. Practical implications. Based on information on the most significant developmental impact factors, directions for perspective enterprises development for their competitiveness increase are proposed: diversification based on the activity expansion

  20. THE IMPORTANCE OF INTAGIBILE ASSETS FOR TOURISTIC`S ENTERPRISE IN THE PERSPECTIVE OF GLOBALIZATION

    Directory of Open Access Journals (Sweden)

    Maja DJUKIC

    2009-12-01

    Full Text Available In time of globalization very important role in touristic enterprise have intangible assets: human capital, information capital and organization capital. Intangible assets, especially human resources drive long-term value creation. So human resources are generally accepted as being strategically important. The main management problem is being able to make alignment of intangible assets and organization's strategy. The tools which management in tourism enterprise can use for this purpose are balanced score card and strategy map, which will be explained in this article.

  1. Managing intangible assets

    NARCIS (Netherlands)

    Schoemaker, M.J.R.; Jonker, J.

    2005-01-01

    - Purpose – To develop a concept of managing intangible assets in contemporary organisations. Insight is given into the rise of the network organisation and the importance of talent, social capital and identity in this kind of organisation. - Design/methodology/approach – This paper develops a

  2. Digital asset management.

    Science.gov (United States)

    Humphrey, Clinton D; Tollefson, Travis T; Kriet, J David

    2010-05-01

    Facial plastic surgeons are accumulating massive digital image databases with the evolution of photodocumentation and widespread adoption of digital photography. Managing and maximizing the utility of these vast data repositories, or digital asset management (DAM), is a persistent challenge. Developing a DAM workflow that incorporates a file naming algorithm and metadata assignment will increase the utility of a surgeon's digital images. Copyright 2010 Elsevier Inc. All rights reserved.

  3. Asset management program

    International Nuclear Information System (INIS)

    Wison, P.; Newman, G.

    2013-01-01

    In order to understand our assets we have been assessing the condition of the units in our nuclear power plants developing asset life management options on a component by component basis. We have concluded that with the right work and planning we will be able to manage the units in a way that balances capacity requirements over the long term and at the same time manage the demand on critical resources. Major component replacement outages include Installing/removing bulkheads, pressure tube and calandria tube replacement, feeder replacement, steam generator replacement, supporting facilities and infrastructure, reactor inspections and maintenance including tooling enhancements, additional non reactor systems inspection & testing and continued research and analysis. These plans will have to take into account cost, resource and capacity requirements.

  4. Generalization of some ways of improvement of depreciation policy and restoration of depreciation of fixed assets of the enterprises

    Directory of Open Access Journals (Sweden)

    Sergeev Leonid Ivanovich

    2016-07-01

    Full Text Available Discusses approaches to consider different factors in constructing the amortization policy and recording of different forms of wear of fixed assets of enterprises. Analyzed proposals of domestic and foreign researchers on the improvement of recovery processes and the acquisition of fixed assets under different conditions of their exploitation. It is proposed on the basis of management accounting and financial performance to build rational depreciation system recovery value of fixed assets of enterprises.

  5. Enterprise architecture management

    DEFF Research Database (Denmark)

    Rahimi, Fatemeh; Gøtze, John; Møller, Charles

    2017-01-01

    Despite the growing interest in enterprise architecture management, researchers and practitioners lack a shared understanding of its applications in organizations. Building on findings from a literature review and eight case studies, we develop a taxonomy that categorizes applications of enterprise...... architecture management based on three classes of enterprise architecture scope. Organizations may adopt enterprise architecture management to help form, plan, and implement IT strategies; help plan and implement business strategies; or to further complement the business strategy-formation process....... The findings challenge the traditional IT-centric view of enterprise architecture management application and suggest enterprise architecture management as an approach that could support the consistent design and evolution of an organization as a whole....

  6. Enterprise architecture management

    DEFF Research Database (Denmark)

    Rahimi, Fatemeh; Gøtze, John; Møller, Charles

    2017-01-01

    architecture management based on three classes of enterprise architecture scope. Organizations may adopt enterprise architecture management to help form, plan, and implement IT strategies; help plan and implement business strategies; or to further complement the business strategy-formation process......Despite the growing interest in enterprise architecture management, researchers and practitioners lack a shared understanding of its applications in organizations. Building on findings from a literature review and eight case studies, we develop a taxonomy that categorizes applications of enterprise....... The findings challenge the traditional IT-centric view of enterprise architecture management application and suggest enterprise architecture management as an approach that could support the consistent design and evolution of an organization as a whole....

  7. DEPRECIATION AS THE SOURCE OF REPLENISHMENT OF ENTERPRISE CURRENT ASSETS

    Directory of Open Access Journals (Sweden)

    KAFKA Sofiіa

    2017-06-01

    Full Text Available Along with the classical approach to understanding the meaning of such economic category as depreciation, we have considered the issues if the amortization is the source of the fixed assets renewal. For the purposes of the study we used methods of analysis and synthesis, systematic approach - to study the processes of working capital enterprises, logical method and simulation - to systematize information security of these processes. Results of investigations to determine the characteristics of the economic substance of depreciation established: depreciation is a compensation of working capital, which at one time was removed from circulation for the purchase of fixed assets, so you cannot treat depreciation as a source of investment in fixed assets. The source of the formation of the working capital of own funds is certainly profits and depreciation - only if profitable economic activity. So when it comes to sources of funding something, including the acquisition (creation of fixed assets, only the working capital can be the source that’s why it is important to use them efficiently and the conditions of the limited resources. The practical significance is to develop scientifically based recommendations on formation and sources of working capital enterprises and reproduction of fixed assets, which provide methodological support to forming the depreciation policy of enterprises

  8. Asset management: the big picture.

    Science.gov (United States)

    Deinstadt, Deborah C

    2005-10-01

    To develop an comprehensive asset management plan, you need, first of all, to understand the asset management continuum. A key preliminary step is to thoroughly assess the existing equipment base. A critical objective is to ensure that there are open lines of communication among the teams charged with managing the plan's various phases.

  9. Efficiently Inefficient Markets for Assets and Assets Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Heje Pedersen, Lasse

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily......, more money is allocated to active management, fees are lower, and asset prices are more efficient. Informed managers outperform after fees, uninformed managers underperform after fees, and the net performance of the average manager depends on the number of "noise allocators." Finally, we show why large...

  10. Managing assets in the infrastructure sector

    NARCIS (Netherlands)

    van Houten, T.P.; Zhang, L.

    2010-01-01

    In view of the importance of managing assets and the lack of research in managing assets in the infrastructure sector, we develop an asset management model in this study. This model is developed in line with the unique characteristics of the infrastructure assets and asset management principles and

  11. DEPRECIATION AS THE SOURCE OF REPLENISHMENT OF ENTERPRISE CURRENT ASSETS

    OpenAIRE

    KAFKA Sofiіa

    2017-01-01

    Along with the classical approach to understanding the meaning of such economic category as depreciation, we have considered the issues if the amortization is the source of the fixed assets renewal. For the purposes of the study we used methods of analysis and synthesis, systematic approach - to study the processes of working capital enterprises, logical method and simulation - to systematize information security of these processes. Results of investigations to determine the characteristic...

  12. Developing formal asset management plans

    Science.gov (United States)

    2014-06-01

    This report highlights key recommendations and best practices identified at the peer exchange on Transportation Asset Management Plans (TAMP), held on February 5 and 6, 2014, in Columbia, South Carolina. This event was sponsored by the Transportation...

  13. Asset management trends and challenges

    Energy Technology Data Exchange (ETDEWEB)

    Rijks, E. [Continuon, Arnhem (Netherlands); Ford, G.L. [PowerNex Associates Inc., Toronto, ON (Canada); Sanchis, G. [Reseau de Transport d' Electricite, Paris (France)

    2007-07-01

    Recent business and regulatory changes in the electric power industry have affected the operation of electric utilities. Most have accepted competition and commercialization. Various strategies have emerged as companies strive to improve performance and retain profitability in an environment where competition or regulatory pressure is reducing revenues at a time when customer expectation is increasing. As focus shifts away from engineering excellence towards commercial performance, the new business ideology for electric utilities is to optimize asset management. This paper identified asset management technology trends, opportunities and challenges. Although many utilities are currently comfortable with their existing asset management processes, regulators are increasingly scrutinizing utilities as they seek approval for rates and investments in aging infrastructure. Much more rigorous financial analysis methods are needed to justify the large investments that are needed. In addition, the credibility of the processes and methods used by utilities will be increasingly questioned. In recognition of the growing importance of asset management, several initiatives have been launched to provide forums for sharing information and to provide a unifying force to asset management methods. The International Council on Large Electric Systems (CIGRE) was one of the first to recognize the importance of asset management. This paper summarized recent CIGRE activities as well as the developments of publicly available specification (PAS) 55 in the United Kingdom. It was concluded that utilities that adopt standardized approaches will be more credible in the eyes of regulatory authorities. 3 refs., 4 figs.

  14. Steam generator asset management: integrating technology and asset management

    International Nuclear Information System (INIS)

    Shoemaker, P.; Cislo, D.

    2006-01-01

    Asset Management is an established but often misunderstood discipline that is gaining momentum within the nuclear generation industry. The global impetus behind the movement toward asset management is sustainability. The discipline of asset management is based upon three fundamental aspects; key performance indicators (KPI), activity-based cost accounting, and cost benefits/risk analysis. The technology associated with these three aspects is fairly well-developed, in all but the most critical area; cost benefits/risk analysis. There are software programs that calculate, trend, and display key-performance indicators to ensure high-level visibility. Activity-based costing is a little more difficult; requiring a consensus on the definition of what comprises an activity and then adjusting cost accounting systems to track. In the United States, the Nuclear Energy Institute's Standard Nuclear Process Model (SNPM) serves as the basis for activity-based costing. As a result, the software industry has quickly adapted to develop tracking systems that include the SNPM structure. Both the KPI's and the activity-based cost accounting feed the cost benefits/risk analysis to allow for continuous improvement and task optimization; the goal of asset management. In the case where the benefits and risks are clearly understood and defined, there has been much progress in applying technology for continuous improvement. Within the nuclear generation industry, more specialized and unique software systems have been developed for active components, such as pumps and motors. Active components lend themselves well to the application of asset management techniques because failure rates can be established, which serves as the basis to quantify risk in the cost-benefits/risk analysis. A key issue with respect to asset management technologies is only now being understood and addressed, that is how to manage passive components. Passive components, such as nuclear steam generators, reactor vessels

  15. 24 CFR 990.270 - Asset management.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Asset management. 990.270 Section... THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.270 Asset management. As owners, PHAs have asset management responsibilities that are above and beyond property management activities. These...

  16. Efficiently Inefficient Markets for Assets and Asset Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Pedersen, Lasse Heje

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily......, more money is allocated to active management, fees are lower, and asset prices are more efficient. Informed managers outperform after fees, uninformed managers underperform after fees, and the net performance of the average manager depends on the number of "noise allocators." Small investors should...... be passive, but large and sophisticated investors benefit from searching for informed active managers since their search cost is low relative to capital. Hence, managers with larger and more sophisticated investors are expected to outperform....

  17. ISO 55000: Creating an asset management system.

    Science.gov (United States)

    Bradley, Chris; Main, Kevin

    2015-02-01

    In the October 2014 issue of HEJ, Keith Hamer, group vice-president, Asset Management & Engineering at Sodexo, and marketing director at Asset Wisdom, Kevin Main, argued that the new ISO 55000 standards present facilities managers with an opportunity to create 'a joined-up, whole lifecycle approach' to managing and delivering value from assets. In this article, Kevin Main and Chris Bradley, who runs various asset management projects, examine the process of creating an asset management system.

  18. WAYS TO OVERCOME THE PROBLEMS OF INTANGIBLE ASSETS ACCOUNTING OF THE UKRAINIAN ENTERPRISES

    OpenAIRE

    BARASH, Yu. S.; BULHAKOVA, Yu. V.; BOZHOK, N. O.; HOLOVKO, A. P.

    2014-01-01

    Introduction. In modern conditions, one of the priority instruments of profit formation is the use of assets that do not have a material form. Using intangible assets (IA) is performed the capitalization of enterprises, i.e. the conversion of their capacity in the market outcome. Improvement of intangible assets accounting will enhance the competitiveness of Ukrainian enterprises. Purpose of the article is identification and justification of improvement areas of intangible assets accounting b...

  19. Managing Assets in The Infrastructure Sector

    Directory of Open Access Journals (Sweden)

    T.P. van Houten

    2010-09-01

    Full Text Available In view of the importance of managing assets and the lack of research in managing assets in the infrastructure sector, we develop an asset management model in this study. This model is developed in line with the unique characteristics of the infrastructure assets and asset management principles and criteria. In the proposed model, we consider activities at three levels, namely the strategical, tactical and operational levels. The interviews with experts in asset management and officials in several Dutch organizations have proven the potential of our asset management model.

  20. Management strategy of enterprise

    Directory of Open Access Journals (Sweden)

    Osovskiy O.A.

    2017-03-01

    Full Text Available The development of market relations, increasing competition result in the accelerated necessity in strategic management as one of the most efficient and progressive means of organization management. The article deals with such researching methods as SWOT analysis (studying strength and weak points, manufacturing feasibilities of an enterprise and threats caused by environment, BCG matrix (while determining marketing roles of output, Mack Kinsey (determining branch attraction, the tree of aims (looking for perspective directions of development, and also other well-known tools of strategic management. SE «Zhytomyr distillery» is the enterprise with over century traditions of production quality of its output. The results of the SWOT analysis has allowed to determine the lines of behavior due to favorable and unfavorable factors of environment. At present, the enterprise has much strength and manufacturing feasibilities, therefore, the principal directions of its activity have to become the improvement of its technological base, the expansion of output range and sale at the expense of free financial resources. The calculations made by the authors allowed them to develop the main strategies for development of an enterprise. The practical value of the calculations lies in keeping competitive lines both on the domestic market of Ukraine and on the foreign international market.

  1. Enterprise Mac Managed Preferences

    CERN Document Server

    Marczak, Edward

    2010-01-01

    Many systems administrators on the Mac need a way to manage machine configuration after initial setup and deployment. Apple's Managed Preferences system (also known as MCX) is under-documented, often misunderstood, and sometimes outright unknown by sys admins. MCX is usually deployed in conjunction with an OS X server, but it can also be used in Windows environments or where no dedicated server exists at all. Enterprise Mac Managed Preferences is the definitive guide to Apple's Managed Client technology. With this book, you'll get the following: * An example-driven guide to Mac OS X Managed Pr

  2. Asset management techniques for transformers

    International Nuclear Information System (INIS)

    Abu-Elanien, Ahmed E.B.; Salama, M.M.A.

    2010-01-01

    In a deregulated/reformed environment, the electric utilities are under constant pressure for reducing operating costs, enhancing the reliability of transmission and distribution equipments, and improving quality of power and services to the customer. Moreover, the risk involved in running the system without proper attention to assets integrity in service is quite high. Additionally, the probability of losing any equipment vital to the transmission and distribution system, such as power and distribution transformers, is increasing especially with the aging of power system's assets. Today the focus of operating the power system is changed and efforts are being directed to explore new approaches/techniques of monitoring, diagnosis, condition evaluation, maintenance, life assessment, and possibility of extending the life of existing assets. In this paper, a comprehensive illustration of the transformer asset management activities is presented. The importance of each activity together with the latest researches done in the area is highlighted. (author)

  3. Enterprise risk management

    Energy Technology Data Exchange (ETDEWEB)

    Eaton, C. [Enbridge, Calgary, AB (Canada)

    2015-07-01

    Enterprise risk management (ERM) is a relative new, holistic and strategic approach for managing risks in modern organizations. ERM builds on and extends traditional risk management (RM). Risk is the effect of uncertainty on objectives - positive and/or negative. Risk management is a set of practices used to understand and address risk. ERM is a form of RM that emphasizes risk aggregation and integration. Risk aggregation is combining individual risks into categories ({sup r}olled up{sup )}. risk integration is embedding RM into organizational contexts ({sup b}uilt in{sup )}.

  4. Management by the value of enterprise

    Directory of Open Access Journals (Sweden)

    M. V. Zenkinа

    2017-01-01

    formation of a group of performance indicators and the effectiveness of the enterprise value management system. Place and role of operational control over the value of assets and the use of management personnel are indicated. Importance of the enterprise value management system as an instrument of maximizing its market value is proved.

  5. Approaches of Improving University Assets Management Efficiency

    Science.gov (United States)

    Wang, Jingliang

    2015-01-01

    University assets management, as an important content of modern university management, is generally confronted with the issue of low efficiency. Currently, to address the problems exposed in university assets management and take appropriate modification measures is an urgent issue in front of Chinese university assets management sectors. In this…

  6. Enterprise Content Management Implementation and Risk

    Directory of Open Access Journals (Sweden)

    Jaroslava Klegová

    2015-01-01

    Full Text Available Enterprise Content Management (ECM solutions are commonly used in many areas such as document management, record management, digital asset management, etc. Key features of ECM systems are capturing, indexing, preserving and retrieving of digital information. The state-of-the- art ECM solution can help revolutionize document management and further automated business processes which can lead to better decisions and competitive advantage. Risk management can reduce project failure and that is why controlling risk in ECM implementation projects is considered to be a major contributor to project success. To manage software risk, the first step is to identify a list of ECM projects’ risks. The present paper provides an overview of ECM implementation risks and contains findings from a small survey on experience of ECM implementation and risk in Czech enterprises. Risk of implementation in the public sector is discussed more deeply with case study examples.

  7. Asset Management Guidebook for Safety and Operations

    Science.gov (United States)

    2012-09-01

    A primary product of this research was the Asset Management Guidebook that TxDOT division and district : personnel can use to help them define, develop, and implement asset management across all levels : particularly as it relates to establishing ...

  8. 2014 World Congress on Engineering Asset Management

    CERN Document Server

    Hoohlo, Changela; Mathew, Joe

    2015-01-01

    Engineering asset management encompasses all types of engineered assets including built environment, infrastructure, plant, equipment, hardware systems and components. Following the release of ISO 5500x set of standards, the 9th WCEAM addresses the hugely important issue of what constitutes the body of knowledge in Engineering Asset Management. Topics discussed by Congress delegates are grouped into a number of tracks including strategies for investment and divestment of assets, operations and maintenance of assets, assessments of assets condition, risk and vulnerability, technologies and systems for management of asset, standards, education, training and certification. These proceedings include a sample of the wide range of topics presented during the 9th World Congress on Engineering Asset Management in Pretoria South Africa 28 – 31 October, 2014 and complements other emerging publications and standards that embrace the wide ranging issues concerning the management of engineered physical assets.

  9. Crisis management in metallurgical enterprises

    Directory of Open Access Journals (Sweden)

    B. Gajdzik

    2014-07-01

    Full Text Available On the basis of report analysis which presents situation in metallurgical sector after 2008 the range of changes implemented in management of metallurgical enterprises was characterised. A definition approach to crisis management was suggested as the process when the enterprise is managed during the breakdown period in market condition of the economy in the way directed towards preventing the negative effects of crisis inside enterprises. The publication presents the key aspects of enterprise management in the period of collapse of the balance between the supply and demand on the metallurgical market.

  10. Army Healthcare Enterprise Management System

    National Research Council Canada - National Science Library

    2001-01-01

    .... The complaint alleged that the Army Healthcare Enterprise Management System was not properly competed, potential conflicts of interest existed, and possible contract performance problems existed...

  11. Extended Enterprise performance Management

    NARCIS (Netherlands)

    Bobbink, Maria Lammerdina; Hartmann, Andreas

    2014-01-01

    The allegiance of partnering organisations and their employees to an Extended Enterprise performance is its proverbial sword of Damocles. Literature on Extended Enterprises focuses on collaboration, inter-organizational integration and learning to avoid diminishing or missing allegiance becoming an

  12. Nuclear asset management. Slide notes

    International Nuclear Information System (INIS)

    Puglia, W.; Bailey, H.; Kubinova, J.

    2004-01-01

    Nuclear asset management is defined as the process for making resource allocation and risk management decisions at all levels of nuclear generation business to maximize value/profitability for all stakeholders while maintaining plant safety. In the presentation, the NAM concept is explained, financial benefits achieved in US industry over the past 12 years are outlined, Data Systems and Solutions (DS and S) is presented as a joint venture between Rolls-Royce and SAIC, and NAM benefits in nuclear industry from DS and S client experience are demonstrated. (P.A.)

  13. Comprehensive transportation asset management : making a business case and prioritizing assets for inclusion in formal asset management programs.

    Science.gov (United States)

    2011-12-01

    Several agencies are applying asset management principles as a business tool and paradigm to help them define goals and prioritize agency resources in decision making. Previously, transportation asset management (TAM) has focused more on big ticke...

  14. Project management and Enterprise systems

    DEFF Research Database (Denmark)

    Koch, Christian; Buhl, Henrik

    2006-01-01

    Implementing and Operating integrated Enterprise Systems are a multidimensional effort. It seriously challenges the IT supplier as well as the professional service provider client. The paper discuss these issues in a project management perspective. A framework for supporting project management...

  15. THE ESTIMATION OF INFLUENCE OF OUT-OF-BALANCE INTANGIBLE ASSETS ON THE ENTERPRISE MARKET VALUE

    Directory of Open Access Journals (Sweden)

    Y. Melnyk

    2017-12-01

    Full Text Available The aim of this article is investigation of the factors of influence of out-of-balance intangible assetsand other non-monetary factors on the general market value of the enterprises of small, middle-sized and bigbusiness with the aim of providing their competitiveness, further development and giving the possibility ofmanaging the enterprise cost in the market. The investigation showed that the degree of influence of the latent non-monetary factors, including out-of-balance intangible assets can be much more essential than influence of balance intangible assets and other assets of the enterprise. Carrying out of the investigation allowed us to determine optimal methodological approaches y of determining the enterprise cost taking intoaccount out-of-balance intangible assets. The methodology has a number of indisputable advantages, whichcan be leveled only during carrying out the further investigations.

  16. The methodical substantiation of measures to improve the use of basic production assets of the enterprise

    Directory of Open Access Journals (Sweden)

    Korol Svetlana Anatolevna

    2013-07-01

    Full Text Available The method of calculating the performance measures to improve the use of basic production assets of the enterprise: production cost, production volume, number of additional workers, depreciation and amortization.

  17. Managing corporate assets to maximize value

    International Nuclear Information System (INIS)

    Rubin, L.

    1992-01-01

    As the utility industry environment becomes more complex, pressures grow for managers to make more effective use of all their assets - including fuel, equipment, and personnel. Improving the management of assets leads to the delivery of greater value to ratepayers, stockholders, and society. EPRI is sponsoring a broad research program to help utilities effectively apply the tools needed in these changing business conditions, especially the latest in cost and quality management and asset management techniques

  18. Measuring the financial value of brand as an intangible asset of an enterprise

    Directory of Open Access Journals (Sweden)

    Popović Ana

    2015-01-01

    Full Text Available The purpose of this paper is to explore the essence of the concept of brand value and valuation of brand as an important intellectual (intangible asset of the enterprise, as well as to identify the key elements that affect the financial value of the brand. Identifying these elements (ie. factors and drivers of brand value is very relevant for brand management aiming to ensure a greater contribution of a brand to the growth of the market value and improving competitiveness of an enterprise in future. The aim of this paper is to analyze the advantages and limitations of different methodologies for financial valuation of the brand. The structure of the paper consists of several parts. First, our attention focuses on the key differences between the brand value and brand equity. After that, follows an analysis of the general aspects of the methodology of measuring the financial value of the brand, and more detailed analysis of income, cost and market valuation approaches. The results of this paper are identified strengths and limitations of the analyzed methodologies for financial valuation of the brand, as well as guidelines for their practical application. The results of research, regarding the methods of financial valuation, are directed to facilitating adequate selection by marketing managers and executives of enterprises who should use them for effective everyday brand management, but also to make important strategic business decisions effectively in realizing certain business and financial transactions.

  19. Intangible Assets – Important Resources for Performant Enterprise Gestion

    Directory of Open Access Journals (Sweden)

    Corina Grosu

    2006-10-01

    Full Text Available Along time, the goal of intangible assets became very important for the activity and prosperity of business. This matter is achieved as well as more and more the companies operate in a global economy which has as main base the digital revolution and information management. The increase of the immaterial investments percent requires evaluation and recognition criteria by knowledge, intelligence and human competence. But recently, the accounting standards were about to accord negligible attention or even totally ignored the appropriate modalities of report this category of assets. The accounting, obliged to bend to economic, financial and juridical logics, in a „Taylor” modality, presents an unreal image of the company economic life and particularly of investment activity. In a competitive environment, the reliability of future economic benefits, generated by investments, depends less on their material or immaterial nature and more on the characteristics of the market they operate on. These are just a few reflections which determined us to focus our attention to this thought-provoking domain of immaterial investments, appreciated as a potential for the company.

  20. Knowledge management in production enterprises

    Directory of Open Access Journals (Sweden)

    Agnieszka Bitkowska

    2017-06-01

    Full Text Available The fact that companies are constantly subjected to changes creates challenges connected with constant learning and acquiring knowledge. Companies are forced to act in accordance with the generative strategy. Besides realizing the traditional tasks of production or service, companies need to acquire and process knowledge and apply it in practice. The consequence of these changes is the transformation of contemporary enterprises into knowledge-based organizations, with managers increasingly recognizing the role and importance of the concept of knowledge management in creating enterprises competitiveness. The main aim of the article is identification of knowledge management in production enterprises.

  1. Evaluation of the Effect of Non-Current Fixed Assets on Profitability and Asset Management Efficiency

    Science.gov (United States)

    Lubyanaya, Alexandra V.; Izmailov, Airat M.; Nikulina, Ekaterina Y.; Shaposhnikov, Vladislav A.

    2016-01-01

    The purpose of this article is to investigate the problem, which stems from non-current fixed assets affecting profitability and asset management efficiency. Tangible assets, intangible assets and financial assets are all included in non-current fixed assets. The aim of the research is to identify the impact of estimates and valuation in…

  2. Asset management methodology in NPP Cofrentes

    International Nuclear Information System (INIS)

    Galbally, D.; Feijo, J. P.; Sierra, M.

    2011-01-01

    The Cofrentes asset management plan is articulated around the tool SIGAN (computer management system of nuclear assets), this tool allows you to structure in an objective and documented the investment plan aimed at modernization and management of the plant life, achieving a consensus among the parties involved in terms of planning development and implementation.

  3. RFID Application of Smart Grid for Asset Management

    Directory of Open Access Journals (Sweden)

    Xiwei Wang

    2013-01-01

    Full Text Available RFID technology research has resolved practical application issues of the power industry such as assets management, working environment control, and vehicle networking. Also it provides technical reserves for the convergence of ERP and CPS. With the development of RFID and location-based services technology, RFID is converging with a variety of sensing, communication, and information technologies. Indoor positioning applications are under rapid development. Micromanagement environment of the assets is a useful practice for the RFID and positioning. In this paper, the model for RFID applications has been analyzed in the microenvironment management of the data center and electric vehicle batteries, and the optimization scheme of enterprise asset management is also proposed.

  4. Analytical Provision of Management of Intangible Assets

    Directory of Open Access Journals (Sweden)

    Shelest Viktoriya S.

    2013-11-01

    Full Text Available The goal of the article lies in the study of the process of conduct of economic analysis of such a complex product of the innovation and information society as objects of intellectual property, which are accepted in business accounting as intangible assets. All-absorbing integration processes in the economy and large-scale propagation of information technologies influence the capital structure. Thus, accepting intangible assets as a driving factor of competitiveness, enterprises prefer namely these assets, reducing the share of tangible assets. Taking this into account the scientists thoroughly studied the issues of economic analysis of intangible assets, since the obtained data are the main source of accounting and analytical information required for making weighted managerial decisions. At the same time, the issues of authenticity, accuracy, efficiency and transparency of the obtained results become topical. In the process of the study the article shows information content of the accounting and analytical data due to introduction of accounting and conduct of economic analysis of intangible assets. The article considers the modern state of the methods of analysis of intangible assets based on opinions of scientists. It characterises economic and legal state of development of licence agreements in Ukraine. It justifies economic expediency of use of such agreements. It forms the ways of making efficient managerial decisions on use of intangible assets in economic activity of subjects of entrepreneurship.

  5. Army Healthcare Enterprise Management System

    National Research Council Canada - National Science Library

    2001-01-01

    ... to buy the Enterprise Management System. The Information Technology Business Center provides information technology services to Fort Sam Houston tenants which include the Army Medical Command and the Army Medical Department Center and School...

  6. Investor Flows to Asset Managers

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Musto, David K.; Wermers, Russ

    2014-01-01

    of the financial system and the real economy, and the retirement security and protection of the investors. There is an accordingly large and growing literature on flows that has concentrated on the main retail investment pool, the open-end mutual fund, and has used flows to explore many aspects of retail financial...... decision making. We survey this literature and, where relevant, describe how open-end flows compare to other investment vehicles. We also identify opportunities both for future research and for refinement of mutual fund design, in particular as suggested by the recent rethinking of retail investment pools......Cash flows between investors and funds are both cause and effect in a complex web of economic decisions. Among the issues at stake are the prospects and fees of the funds, the efforts and risk choices by the funds' managers, the pricing and comovement of the assets they trade, the stability...

  7. VALUE-BASED APPROACH TO MANAGING CURRENT ASSETS OF CORPORATE CONSTRUCTION COMPANIES

    Directory of Open Access Journals (Sweden)

    Galyna Shapoval

    2017-09-01

    Full Text Available In modern conditions of management, the value of an enterprise becomes the main indicator, which is learned not only by scientists, but also by owners of enterprise and potential investors. Current assets take a very important place among the factors that affect the value of an enterprise, so management of current assets becomes more acute from the point of their impact on enterprise value. The purpose of the paper is to develop a system of value-based management of corporate construction companies’ current assets. The main tasks are: the study of current assets impact on the value of corporate construction companies, the definition of value-based approach to managing current assets of corporate enterprises and development of value-based management system of corporate construction companies’ current assets by elements. General scientific and special research methods were used while writing the work. Value-based management of current assets involves value-based management of the elements of current assets. The value-based inventory management includes the following stages of management: the assessment of reliability and choice of supplier according to the criterion of cash flow maximization, the classification of stocks in management accounting according to the rhythm of supply and the establishment of periodicity of supplies in accordance with the needs of the construction process. The value-based management of accounts receivable includes the following stages of management: assessment of the efficiency of investment of working capital into accounts receivable, the assessment of customers' loyalty and the definition of credit conditions and monitoring of receivables by construction and debt instruments. Value-based cash management involves determining the required level of cash to ensure the continuity of the construction process, assessing the effectiveness of cash use according to the criterion of maximizing cash flow, as well as budget

  8. Engineering Asset Management and Infrastructure Sustainability : Proceedings of the 5th World Congress on Engineering Asset Management

    CERN Document Server

    Ma, Lin; Tan, Andy; Weijnen, Margot; Lee, Jay

    2012-01-01

    Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical assets Education and training in asset management Engineering standards in asset management Fault diagnosis and prognostics Financial analysis methods for physical assets Human dimensions in integrated asset management Information quality management Information systems and knowledge management Intelligent sensors and devices Maintenance strategies in asset management Optimisation decisions in asset management Risk management ...

  9. AN ECOSYSTEM PERSPECTIVE ON ASSET MANAGEMENT INFORMATION

    Directory of Open Access Journals (Sweden)

    Lasse METSO

    2017-07-01

    Full Text Available Big Data and Internet of Things will increase the amount of data on asset management exceedingly. Data sharing with an increased number of partners in the area of asset management is important when developing business opportunities and new ecosystems. An asset management ecosystem is a complex set of relationships between parties taking part in asset management actions. In this paper, the current barriers and benefits of data sharing are identified based on the results of an interview study. The main benefits are transparency, access to data and reuse of data. New services can be created by taking advantage of data sharing. The main barriers to sharing data are an unclear view of the data sharing process and difficulties to recognize the benefits of data sharing. For overcoming the barriers in data sharing, this paper applies the ecosystem perspective on asset management information. The approach is explained by using the Swedish railway industry as an example.

  10. An Ecosystem Perspective On Asset Management Information

    Science.gov (United States)

    Metso, Lasse; Kans, Mirka

    2017-09-01

    Big Data and Internet of Things will increase the amount of data on asset management exceedingly. Data sharing with an increased number of partners in the area of asset management is important when developing business opportunities and new ecosystems. An asset management ecosystem is a complex set of relationships between parties taking part in asset management actions. In this paper, the current barriers and benefits of data sharing are identified based on the results of an interview study. The main benefits are transparency, access to data and reuse of data. New services can be created by taking advantage of data sharing. The main barriers to sharing data are an unclear view of the data sharing process and difficulties to recognize the benefits of data sharing. For overcoming the barriers in data sharing, this paper applies the ecosystem perspective on asset management information. The approach is explained by using the Swedish railway industry as an example.

  11. OSH management systems in enterprises

    Directory of Open Access Journals (Sweden)

    B. Kalandyk

    2010-04-01

    Full Text Available Nowadays, in modern companies and enterprises, safety means much more than only the evaluation of risk and analysis of accidents. Theactivities in the area of the occupational health and safety should form an integral part of the enterprise management system. According toa framework directive no 89/391/EEC the EU member states are obliged to implement standards related with the occupational health andsafety systems. The standard most popular and used most commonly, as applicable to enterprises of any type, is the international OHSAS18001 system and in Poland Polish Standards PN-N-18001.

  12. Managing terminology assets in Electronic Health Records.

    Science.gov (United States)

    Abrams, Kelly; Schneider, Sue; Scichilone, Rita

    2009-01-01

    Electronic Health Record (EHR)systems rely on standard terminologies and classification systems that require both Information Technology (IT) and Information Management (IM) skills. Convergence of perspectives is necessary for effective terminology asset management including evaluation for use, maintenance and intersection with software applications. Multiple terminologies are necessary for patient care communication and data capture within EHRs and other information management tasks. Terminology asset management encompasses workflow and operational context as well as IT specifications and software application run time requirements. This paper identifies the tasks, skills and collaboration of IM and IT approaches for terminology asset management.

  13. Information Resources Management Framework for Virtual Enterprise

    OpenAIRE

    Mao, Lingxiang

    2015-01-01

    Virtual enterprise is a new form of organization in recent years which adapt to the IT environment. Information resources management implemented in the virtual enterprise is determined by the form of business organization and information exchange mechanisms. According to the present characteristics of virtual enterprise management, it puts forward the strategies and measures of information resources management framework for virtual enterprise.

  14. A rural transit asset management system

    Science.gov (United States)

    2005-01-01

    This reports the research undertaken to create an interactive, geographic information system based asset management system for the Alabama Department of Transportation to manage vehicles purchased and operated through Section 5310 and 5311 federal gr...

  15. Integrated Facilities Management and Fixed Asset Accounting.

    Science.gov (United States)

    Golz, W. C., Jr.

    1984-01-01

    A record of a school district's assets--land, buildings, machinery, and equipment--can be a useful management tool that meets accounting requirements and provides appropriate information for budgeting, forecasting, and facilities management. (MLF)

  16. System of Enterprise Reputation Management

    Directory of Open Access Journals (Sweden)

    Derevianko Olena. H.

    2014-03-01

    Full Text Available The article offers a system of enterprise reputation management directed at increase of economic benefits from formation and maintenance of high reputation in the result of maximisation of the volume of the incoming cash flows of the enterprise and also their duration and stability. It proves that reputation management, which allows achievement of economic goals of the enterprise, should be directed at key groups of stakeholders: growth of products sales is ensured by consumers, growth of internal stability – by enterprise personnel, growth of external stability – by society, including authority bodies, growth of business value – by investors, owners and partners. The article describes components of the system of enterprise reputation management, the degree of development of which are determined by three vectors: interaction with stakeholders and level of their feedback: messaging, informing, convincing and attracting; activity of the used instruments of reputation management, regularity and intensity, and also quantitative indicators of their application within the framework of directions of the product PR, corporate PR and IR, internal PR, GR and PR-CSR; level of organisational pre-requisites (functional, system and strategic of the system of reputation management.

  17. Defining Requirements and Applying Information Modeling for Protecting Enterprise Assets

    Science.gov (United States)

    Fortier, Stephen C.; Volk, Jennifer H.

    The advent of terrorist threats has heightened local, regional, and national governments' interest in emergency response and disaster preparedness. The threat of natural disasters also challenges emergency responders to act swiftly and in a coordinated fashion. When a disaster occurs, an ad hoc coalition of pre-planned groups usually forms to respond to the incident. History has shown that these “system of systems” do not interoperate very well. Communications between fire, police and rescue components either do not work or are inefficient. Government agencies, non-governmental organizations (NGOs), and private industry use a wide array of software platforms for managing data about emergency conditions, resources and response activities. Most of these are stand-alone systems with very limited capability for data sharing with other agencies or other levels of government. Information technology advances have facilitated the movement towards an integrated and coordinated approach to emergency management. Other communication mechanisms, such as video teleconferencing, digital television and radio broadcasting, are being utilized to combat the challenges of emergency information exchange. Recent disasters, such as Hurricane Katrina and the tsunami in Indonesia, have illuminated the weaknesses in emergency response. This paper will discuss the need for defining requirements for components of ad hoc coalitions which are formed to respond to disasters. A goal of our effort was to develop a proof of concept that applying information modeling to the business processes used to protect and mitigate potential loss of an enterprise was feasible. These activities would be modeled both pre- and post-incident.

  18. HUMAN RESOURCES ACCOUNTING ACCOUNTING FOR THE MOST VALUABLE ASSET OF AN ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Motoniu Ioan Dumitru

    2010-12-01

    Full Text Available Employees are the most important assets of an enterprise and its success or failure depends on their qualifications and performance. Human resources are not properly evaluated because the enterprises consider the wages, actually an investment in the qualification and improvement of the staff as expenditure and and not as an investment in the most important asset of an enterprise the human capital. The current accounting system is not able to provide the actual value of employee capabilities and knowledge. This indirectly affects future investments of a company, as each year the cost on human resource development and recruitment increases. Human resource accounting is a direct part of the social accounting and aims to provide information on the evaluation of one of the most important components of the organization, namely human capital. This article seeks to show the importance of human resources for an enterprise, what human resource accounting is, which would be its implications and what are its main objectives.

  19. Applying transportation asset management in Connecticut.

    Science.gov (United States)

    2008-12-01

    The study consists primarily of a detailed review of those states that utilize transportation asset management (TAM) systems that may be applicable for Connecticuts consideration, and includes as well the identification of a comprehensive pavement...

  20. Asset Management for Water and Wastewater Utilities

    Science.gov (United States)

    Renewing and replacing the nation's public water infrastructure is an ongoing task. Asset management can help a utility maximize the value of its capital as well as its operations and maintenance dollars.

  1. Prolong Your Roof's Performance: Roof Asset Management.

    Science.gov (United States)

    Teitsma, Jerry

    2001-01-01

    Discusses the roof asset management process for maintaining a roof system's integrity and value in a cost-effective manner. Included is a breakdown of roofing surface characteristics for multiply and single ply roofing systems. (GR)

  2. Consolidated asset management for Minnesota local agencies.

    Science.gov (United States)

    2016-06-01

    Transportation agencies are increasingly turning their attention to transportation asset management (TAM), a systematic process for tracking the conditions of physical infrastructure to make better decisions about its maintenance. TAM is mandated by ...

  3. Integrated Data for Improved Asset Management

    Science.gov (United States)

    2016-05-26

    The objective of this research is to demonstrate the potential benefits for agency-wide data integration for VDOT asset management. This objective is achieved through an example application that requires information distributed across multiple databa...

  4. 6th World Congress on Engineering Asset Management

    CERN Document Server

    Ni, Jun; Sarangapani, Jagnathan; Mathew, Joseph

    2014-01-01

    This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: • Asset condition monitoring and intelligent maintenance • Asset data warehousing, data mining and fusion • Asset performance and level-of-service models • Design and lifecycle integrity of physical assets • Deterioration and preservation models for assets • Education and training in asset management • Engineering standards in asset management • Fault diagnosis and prognostics • Financial analysis methods for physical assets • Human dimensions in integrated asset management • Information quality management • Information systems and knowledge management • Intellig...

  5. When asset management and organizations meet: accounting for employee experiences

    NARCIS (Netherlands)

    Schraven, Daan; Hartmann, Andreas; Dewulf, Geert P.M.R.

    2015-01-01

    For some time, organisations have encountered challenges when implementing asset management, particularly when closing the gap between how the asset management is understood by employees and how they support it in practice. Maturity models, common applied evaluations for implementing asset

  6. Italian asset management companies: products and governance

    OpenAIRE

    Arcuri, Maria Cristina

    2013-01-01

    The importance of the asset management sector has prompted many studies to highlight the need to promote its growth and development. This is even more so following the recent financial crisis, considered by many authors the most severe recession after World War II. Contributions existing in literature have emphasized the importance of investigating the corporate governance system of the Asset Management Companies (AMCs), considering that the Italian financial system is characterized by a "...

  7. 7 CFR 4290.900 - Management fees for services provided to an Enterprise by RBIC or its Associate.

    Science.gov (United States)

    2010-01-01

    ... AGRICULTURE RURAL BUSINESS INVESTMENT COMPANY (âRBICâ) PROGRAM Financing of Enterprises by RBICs Limitations on Disposition of Assets § 4290.900 Management fees for services provided to an Enterprise by RBIC or... management services that you or your Associate provide to an Enterprise that you do not finance. (b) The...

  8. 24 CFR 990.290 - Compliance with asset management requirements.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Compliance with asset management... URBAN DEVELOPMENT THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.290 Compliance with asset management requirements. (a) A PHA is considered in compliance with asset management requirements...

  9. FINANCING OF FIXED ASSET INVESTMENT IN THE SMALL AND MEDIUM-SIZED ENTERPRISES IN POLAND

    Directory of Open Access Journals (Sweden)

    Beata Geruzel-Dudzińska

    2016-03-01

    Full Text Available Small and medium-sized enterprises play an important role in the economy, creates, because a significant part of GDP, provides employment to many millions of people. One of the main barriers to the development of these enterprises, not only in Poland but also in EU countries, is the scarcity of equity and the difficulty in obtaining external sources of financing. It is not just about lack of funds to finance current operations, but also, and perhaps above all, lack of investment in fixed assets. This paper aims to present available sources of financing of fixed assets for enterprises from the SME sector and the assessment of their use by these companies.

  10. Knowledge as an Asset and Knowledge Management

    OpenAIRE

    Sevinç Gülseçen

    2014-01-01

    The most valuable resource available to any organization today is its knowledge asset which is stored in processes and information systems, corporate data warehouses, employees’ brains, copyrights and patents. Knowledge management is the process of capturing, distributing, and effectively using this knowledge. The factors affecting Knowledge Management can be listed as follows: organizational culture, knowledge manager, the evolution of knowledge, knowledge polution and technology.

  11. Asset liability management using stochastic programming

    OpenAIRE

    Pirbhai, M; Mitra, G; Kyriakis, T

    2003-01-01

    This chapter sets out to explain an important financial planning model called asset liability management (ALM); in particular, it discusses why in practice, optimum planning models are used. The ability to build an integrated approach that combines liability models with that of asset allocation decisions has proved to be desirable and more efficient in that it can lead to better ALM decisions. The role of uncertainty and quantification of risk in these planning models is con...

  12. Enterprise Document Management

    Data.gov (United States)

    US Agency for International Development — The function of the operation is to provide e-Signature and document management support for Acquisition and Assisitance (A&A) documents including vouchers in...

  13. Development of transportation asset management decision support tools : final report.

    Science.gov (United States)

    2017-08-09

    This study developed a web-based prototype decision support platform to demonstrate the benefits of transportation asset management in monitoring asset performance, supporting asset funding decisions, planning budget tradeoffs, and optimizing resourc...

  14. Best practice asset management in the nuclear industry

    International Nuclear Information System (INIS)

    Maxey, Terry M.

    2004-01-01

    Pursuit of operational excellence is the goal of every nuclear plant operator. Implementation of Enterprise Asset Management(EAM) solutions in the nuclear industry has significantly contributed to record performance over the last decade in the areas of reliability and production, nuclear and personnel safety, and production cost. This presentation will outline the scope of best practice EAM implementation and highlight performance results achieved from EAM deployment. It will also explore areas of future opportunity in which EAM solutions will support an era of new nuclear plant construction in the United States

  15. Discussion on enterprise technical standard management work

    International Nuclear Information System (INIS)

    Li Xinyou

    2010-01-01

    The technical standard management is an important part of enterprise information work, also the basis of enterprise standardization work. Only by rational and orderly management, can it exert maximum effectiveness, provide reliable support for the production and business of enterprise. (author)

  16. Asset management guide : focusing on the management of our transit investments.

    Science.gov (United States)

    2012-10-01

    To advance transit asset management, this guide provides a transit-specific asset management framework for managing assets indi-vidually and as a portfolio of assets that comprise an integrated system. The guide provides flexible, yet targeted guidan...

  17. Asset management guide : focusing on the management of our transit investments [updated November 2016].

    Science.gov (United States)

    2016-11-01

    To advance transit asset management, this guide provides a transit-specific asset management framework for managing assets individually and as a portfolio of assets that comprise an integrated system. The guide provides flexible, yet targeted guidanc...

  18. The United Kingdom's School Asset Management Plans.

    Science.gov (United States)

    Jones, Alan

    1999-01-01

    Examines the U.K.'s Asset Management Plans (AMPs) designed to help Local Education Authorities (LEAs) identify and address the most important priorities in their school capital programs, and to help in their longer term planning and management of the school estate. Discusses AMP objectives, the stages of developing an AMP, and how the Department…

  19. New Trends in Facility Asset Management.

    Science.gov (United States)

    Adams, Matt

    2000-01-01

    Explains new, positive trends in facility asset management that encompasses greater acceptance and involvement of facility managers in the financial planning process, greater awareness of the need for maintenance, and facility administrators taking a greater role with business officers. The new climate for alternative renewal financing proposals…

  20. The application of financial management in enterprise management

    Institute of Scientific and Technical Information of China (English)

    刘国晴

    2017-01-01

    Nowadays, financial management plays a vital role in the process of enterprise operation. To improve the level and ability offinancial management of enterprises is of great significance to the realization of the modernization of enterprises and the sustainable development ofscience. In this paper, the financial management status would be first proposed, and suggestions would be made to improve the financial managementin enterprises.

  1. Computer Based Asset Management System For Commercial Banks

    Directory of Open Access Journals (Sweden)

    Amanze

    2015-08-01

    Full Text Available ABSTRACT The Computer-based Asset Management System is a web-based system. It allows commercial banks to keep track of their assets. The most advantages of this system are the effective management of asset by keeping records of the asset and retrieval of information. In this research I gather the information to define the requirements of the new application and look at factors how commercial banks managed their asset.

  2. Operational management of offshore energy assets

    Science.gov (United States)

    Kolios, A. J.; Martinez Luengo, M.

    2016-02-01

    Energy assets and especially those deployed offshore are subject to a variety of harsh operational and environmental conditions which lead to deterioration of their performance and structural capacity over time. The aim of reduction of CAPEX in new installations shifts focus to operational management to monitor and assess performance of critical assets ensuring their fitness for service throughout their service life and also to provide appropriate and effective information towards requalification or other end of life scenarios, optimizing the OPEX. Over the last decades, the offshore oil & gas industry has developed and applied various approaches in operational management of assets through Structural Health and Condition Monitoring (SHM/CM) systems which can be, at a certain level, transferable to offshore renewable installations. This paper aims to highlight the key differences between offshore oil & gas and renewable energy assets from a structural integrity and reliability perspective, provide a comprehensive overview of different approaches that are available and applicable, and distinguish the benefits of such systems in the efficient operation of offshore energy assets.

  3. Knowledge as an Asset and Knowledge Management

    Directory of Open Access Journals (Sweden)

    Sevinç Gülseçen

    2014-03-01

    Full Text Available The most valuable resource available to any organization today is its knowledge asset which is stored in processes and information systems, corporate data warehouses, employees’ brains, copyrights and patents. Knowledge management is the process of capturing, distributing, and effectively using this knowledge. The factors affecting Knowledge Management can be listed as follows: organizational culture, knowledge manager, the evolution of knowledge, knowledge polution and technology.

  4. The Theoretical Underpinnings of Customer Asset Management

    NARCIS (Netherlands)

    R.N. Bolton; K.N. Lemo; P.C. Verhoef (Peter)

    2002-01-01

    textabstractMost research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework ? called CUSAMS -- that enables service organizations to comprehensively assess the value of their

  5. Asset Management: A Maintenance Engineers View

    NARCIS (Netherlands)

    van Dongen, Leonardus Adriana Maria

    2015-01-01

    In the past, assets were designed in large construction teams but companies in recent decades focus more and more on their core activities. The management of capital goods is being organized in the (supply) chain of owners, users, manufacturers, research institutes, IT, service providers and so on.

  6. Asset management argunents for smart grids

    NARCIS (Netherlands)

    Berende, M.J.C.; Slootweg, J.G.; Kuiper, J.; Peters, J.C.F.M.

    2008-01-01

    This paper describes how Essent Netwerk has developed a strategy for the automation of its medium voltage network. Using Asset Management techniques, it was demonstrated that the application of a new distribution automation concept results in an improvement of network reliability and enables the

  7. System development and asset management under restructuring

    International Nuclear Information System (INIS)

    2007-01-01

    In many developed countries the electricity infrastructure contains ageing assets. Because of the need of a continuing operation and higher load factors on the network, the opportunities for replacement or refurbishment are limited. These must be regarded as an opportunity to review the structure of the system and to consider the design and development required to meet the new requirements, taking advantage of new available technologies: HVDC, FACTS, cables, etc. The symposium examines assets management issues and assesses strategies for overhauling existing systems, taking into account the impact on market operation, on supply security and environment

  8. INTANGIBLE ASSETS EVALUATION FOR THE KNOWLEDGE MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Wellington Washington Cantelli

    2006-11-01

    Full Text Available In the history of civilizations, knowledge has always been highlighted, mainly because of its close relation with power. In the modern world, where the efficiency in solving problems has become the main component for the success of companies and the knowledge is responsible for putting some companies ahead in competitions, it is necessary to insert them in the management models as well as finding a way to measure them. Measuring the knowledge and other intangible assets, has been discussed among university students and in companies which are more worried about knowledge. There are some controversies about this subject because its high level of subjectivity, when measuring the intangible assets. This article aims to show the main methods to evaluate the intangible assets versus the traditional ones.

  9. Ontology modeling in physical asset integrity management

    CERN Document Server

    Yacout, Soumaya

    2015-01-01

    This book presents cutting-edge applications of, and up-to-date research on, ontology engineering techniques in the physical asset integrity domain. Though a survey of state-of-the-art theory and methods on ontology engineering, the authors emphasize essential topics including data integration modeling, knowledge representation, and semantic interpretation. The book also reflects novel topics dealing with the advanced problems of physical asset integrity applications such as heterogeneity, data inconsistency, and interoperability existing in design and utilization. With a distinctive focus on applications relevant in heavy industry, Ontology Modeling in Physical Asset Integrity Management is ideal for practicing industrial and mechanical engineers working in the field, as well as researchers and graduate concerned with ontology engineering in physical systems life cycles. This book also: Introduces practicing engineers, research scientists, and graduate students to ontology engineering as a modeling techniqu...

  10. Three-dimensional GIS approach for management of assets

    Science.gov (United States)

    Lee, S. Y.; Yee, S. X.; Majid, Z.; Setan, H.

    2014-02-01

    Assets play an important role in human life, especially to an organization. Organizations strive and put more effort to improve its operation and assets management. The development of GIS technology has become a powerful tool in management as it is able to provide a complete inventory for managing assets with location-based information. Spatial information is one of the requirements in decision making in various areas, including asset management in the buildings. This paper describes a 3D GIS approach for management of assets. An asset management system was developed by integrating GIS concept and 3D model assets. The purposes of 3D visualization to manage assets are to facilitate the analysis and understanding in the complex environment. Behind the 3D model of assets is a database to store the asset information. A user-friendly interface was also designed for more easier to operate the application. In the application developed, location of each individual asset can be easily tracked according to the referring spatial information and 3D viewing. The 3D GIS approach described in this paper is certainly would be useful in asset management. Systematic management of assets can be carried out and this will lead to less-time consuming and cost-effective. The results in this paper will show a new approach to improve asset management.

  11. Three-dimensional GIS approach for management of assets

    International Nuclear Information System (INIS)

    Lee, S Y; Yee, S X; Majid, Z; Setan, H

    2014-01-01

    Assets play an important role in human life, especially to an organization. Organizations strive and put more effort to improve its operation and assets management. The development of GIS technology has become a powerful tool in management as it is able to provide a complete inventory for managing assets with location-based information. Spatial information is one of the requirements in decision making in various areas, including asset management in the buildings. This paper describes a 3D GIS approach for management of assets. An asset management system was developed by integrating GIS concept and 3D model assets. The purposes of 3D visualization to manage assets are to facilitate the analysis and understanding in the complex environment. Behind the 3D model of assets is a database to store the asset information. A user-friendly interface was also designed for more easier to operate the application. In the application developed, location of each individual asset can be easily tracked according to the referring spatial information and 3D viewing. The 3D GIS approach described in this paper is certainly would be useful in asset management. Systematic management of assets can be carried out and this will lead to less-time consuming and cost-effective. The results in this paper will show a new approach to improve asset management

  12. 49 CFR 639.33 - Management of leased assets.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 7 2010-10-01 2010-10-01 false Management of leased assets. 639.33 Section 639.33..., DEPARTMENT OF TRANSPORTATION CAPITAL LEASES Lease Management § 639.33 Management of leased assets. Each recipient must maintain an inventory of capital assets acquired by standard FTA project management...

  13. Signal systems asset management state-of-the-practice review

    Science.gov (United States)

    2004-04-01

    The purpose of this project is to obtain a better understanding of operations-level asset management by examining the specific case of signal systems. Key products will include: a synthesis of existing signal systems asset management practices; a gen...

  14. Development of Asset Management Control Application for Direktorat Jenderal Sumber Daya dan Perangkat Pos dan Informatika

    Directory of Open Access Journals (Sweden)

    Richard Richard

    2017-09-01

    Full Text Available The purpose of this research was to identify problems, analyze needs, and develop management information system especially the process internal control of asset management on Direktorat Jenderal Sumber Daya dan Perangkat Pos dan Informatika (SDPPI - government communication and informatics organization. This system development used the System Development Life Cycle (SDLC method which refers to 4 phases. Those were initiation and business feasibility, requirements definitions, functional design, and verification. The analysis used to support the research methods was Enterprise Architecture (EA and SWOT. The analysis was conducted on business process that was running at the moment. The results show that the management information system in the form of web-based applications can help the process based on activity logging assets, assets allocation, complaints, and user guide in accordance with the needs of the Direktorat Jendral SDPPI. The design of this application can also help the existing asset management process to become more efficient and effective.

  15. The model of asset management of commercial banks

    OpenAIRE

    Shaymardanov, Shakhzod; Nuriddinov, Sadriddin; Mamadaliev, Donierbek; Murodkhonov, Mukhammad

    2018-01-01

    The main objective of the commercial bank's policy in the sphere of asset and liability management is to maintain the optimal structure of assets and liabilities, ensure the compliance of amounts, terms and currency of attracting and allocating resources. The objectives and principles of asset and liability management are based on the bank's strategy and the fundamental principles of the risk management policy.

  16. 75 FR 70966 - Transit Asset Management (TAM) Pilot Program

    Science.gov (United States)

    2010-11-19

    ... DEPARTMENT OF TRANSPORTATION Federal Transit Administration Transit Asset Management (TAM) Pilot... Management (TAM) systems and ``best practices'', which can be replicated to improve transportation asset... with asset management system suppliers; however the official proposer must be a public agency. The TAM...

  17. Earnings Management and Valuation of Biological Assets

    Directory of Open Access Journals (Sweden)

    Ricardo Luiz Menezes da Silva

    2015-01-01

    Full Text Available The use of fair value to measure the worth of biological assets allows discretionary choices when using discounted cash flow in the absence of an active market, influencing the quality of accounting information. The objective of this study was to investigate evidence of earnings management among Brazilian companies that have adopted fair value based on the discounted cash flow method. The firms were investigated with regard to: a disclosure of the discount rate, b BM&FBovespa corporate governance levels; and c adherence to disclosure requirements in the Brazilian accounting standard CPC 29 (IAS 41. We analyzed 31 firms with significant biological assets from 2010 to 2012. The earnings management measurements were calculated according to the modified Jones, the Teoh, Welch and Wong (1998, and the KS models. The Mann-Whitney test of the means was applied and revealed evidence of greater earnings management for companies that use discounted cash flow, and the ones that least meet CPC 29 disclosure requirements, considering the KS model estimates. Regarding the other proposals, testing did not offer enough evidence of differences in discretionary accruals. In this sense, only hypotheses 1 and 4 are partially accepted, demanding more research in this area. We also present evidence in favor of adopting Exposure Draft ED/2013/08 Agriculture: Bearer Plants, Proposed amendments to IAS 16 and IAS 41, which proposes to measure biological assets at cost, because firms already following these rules showed lower earnings management in this study.

  18. Risiko Likuiditas Bank dan Asset Liabilities Management

    OpenAIRE

    Lesmana, Iwan

    2007-01-01

    Uquidity is of critical importance to companies in the banking services sector. Most failures of financialintermediaries have occured in large part due to insufficient liquidity resulting from adverse circumstances.Goldman Sachs has in piace a comprehensive set of liquidity and funding policies that are intended tomaintain significant flexibility to address specific and broader industry or market liquidity events.In asset liabilities mal1agement or liquidity management, liquidity risk is mana...

  19. Electrical actuators in asset management systems; Elektrische Stellantriebe in Asset-Management-Systemen

    Energy Technology Data Exchange (ETDEWEB)

    Herbstritt, Michael [AUMA Riester GmbH und Co. KG, Muellheim (Germany)

    2010-06-15

    The terms ''asset management'' and ''life-cycle management'' are nowadays popularly used to designate modern plant management. In the case of complex systems such as process-engineering plants, time and effort are necessary before an idea can be translated into data clear to all the persons involved, however. A key role is played in this context by NAMUR. This article discusses the potential benefits of asset management for electrical actuators and similar field devices and the part played by the NAMUR recommendations. (orig.)

  20. MANAGEMENT OF FINANCIAL STABILITY OF ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Vladimir P. Bogko

    2013-01-01

    Full Text Available The priorities for improving the management of the enterprises financial stability in the current context are considered in the article. The scientifically based proposals for developing methodological foundations and tools of such management are developed. The implementation of these proposals allows to reduce financial risks of an enterprise in the terms of unsustainable development of Russian economy.

  1. IMPLEMENTATION OF ASSET MANAGEMENT IN ROAD ADMINISTRATION OF SLOVAK REPUBLIC

    Directory of Open Access Journals (Sweden)

    Ľubomír Pepucha

    2014-03-01

    Full Text Available The article presents basic principles and solutions for the application of Asset Management as part of road administration in Slovakia. It deals with application of Assets management methods and best practices of global trends in road maintenance, repair and rehabilitation strategies. An effective public Asset Management combines principles and strategies of asset management used in private sector with sound practices and methods proven to be applicable by public road administrator and his digital information systems. The under-funding of road management leads to development of tools and methods, which enable us to define criteria for establishing priorities for investments into road assets.

  2. Project management as steppingstone of enterprises

    OpenAIRE

    Andreeva, T.; Petrovska, T.; Tytar, T.

    2011-01-01

    Actual problems of project management in enterprises in order to achieve their goals. The basic members of the organization and implementation of project and the methodology for their implementation. The basic principles of project management are included.

  3. Continued Learning in Asset Management for the Dutch Transport Network

    NARCIS (Netherlands)

    Volker, L.; Van der Lei, T.E.; Van den Boom, M.; Van der Velde, J.; Wessels, P.; Ligtvoet, A.; Herder, P.M.

    2012-01-01

    Asset management aims at improving the overall performance of assetintensive industries by making and executing systematic and highest value decisions about the use and care of assets. To assist organizations to improve their asset management performance, maturity models can be used. In this paper

  4. Asset management using an extended Markowitz theorem

    Directory of Open Access Journals (Sweden)

    Paria Karimi

    2014-06-01

    Full Text Available Markowitz theorem is one of the most popular techniques for asset management. The method has been widely used to solve many applications, successfully. In this paper, we present a multi objective Markowitz model to determine asset allocation by considering cardinality constraints. The resulted model is an NP-Hard problem and the proposed study uses two metaheuristics, namely genetic algorithm (GA and particle swarm optimization (PSO to find efficient solutions. The proposed study has been applied on some data collected from Tehran Stock Exchange over the period 2009-2011. The study considers four objectives including cash return, 12-month return, 36-month return and Lower Partial Moment (LPM. The results indicate that there was no statistical difference between the implementation of PSO and GA methods.

  5. A model proposal concerning balance scorecard application integrated with resource consumption accounting in enterprise performance management

    Directory of Open Access Journals (Sweden)

    ORHAN ELMACI

    2014-06-01

    Full Text Available The present study intended to investigate the “Balance Scorecard (BSC model integrated with Resource Consumption Accounting (RCA” which helps to evaluate the enterprise as matrix structure in its all parts. It aims to measure how much tangible and intangible values (assets of enterprises contribute to the enterprises. In other words, it measures how effectively, actively, and efficiently these values (assets are used. In short, it aims to measure sustainable competency of enterprises. As expressing the effect of tangible and intangible values (assets of the enterprise on the performance in mathematical and statistical methods is insufficient, it is targeted that RCA Method integrated with BSC model is based on matrix structure and control models. The effects of all complex factors in the enterprise on the performance (productivity and efficiency estimated algorithmically with cause and effect diagram. The contributions of matrix structures for reaching the management functional targets of the enterprises that operate in market competitive environment increasing day to day, is discussed. So in the context of modern management theories, as a contribution to BSC approach which is in the foreground in today’s administrative science of enterprises in matrix organizational structures, multidimensional performance evaluation model -RCA integrated with BSC Model proposal- is presented as strategic planning and strategic evaluation instrument.

  6. Research on asset management for safety and operations.

    Science.gov (United States)

    2011-11-01

    The Texas Department of Transportation (TxDOT) is challenged with managing a wide range of : transportation safety and operations assets in order to respond to public and other outside interests. These : assets include, but are not limited to pavemen...

  7. Asset management in theory and practice.

    Science.gov (United States)

    Mace, J D

    1998-01-01

    Managing capital-intensive imaging environments continues to be a challenge for nearly all administrators. Asset management, the strategic management of equipment inventory, must include planning, assessment, procurement, utilization review, maintenance, repair and disposal of equipment to reduce costs and improve efficiency. It must involve some shared risk between the facility and the provider, whether an original equipment manufacturer (OEM) or independent service organization (ISO). An absence of risk in the arrangement implies the provider is offering service management or consulting. A case study reports on three hospitals in the OhioHealth system. Their immediate goal, as they began to investigate asset management: cut costs immediately. A cross-functional team from the three hospitals began its investigation of various options, including working with ISOs, OEMs and development of inhouse clinical engineering. After developing a process to evaluate vendors, the team was able to score each against their cost-reduction potential, quality and implementation skills. The team narrowed its selection quickly to two multivendor service providers. An initial contract guaranteed savings of 20 percent of the annual budget, with a projected two to five percent additional savings. OEM relationships were moved to a time-and-materials basis, and ISOs were used in selected areas. In addition, the internal inhouse clinical engineering services group was moved into a "first call" approach in some areas. That expanded role resulted in savings and improved response time. The process, although not without its problems, was viewed favorably overall.

  8. New Management Practices and Enterprise Training.

    Science.gov (United States)

    Smith, Andrew; Oczkowski, Eddie; Noble, Charles; Macklin, Robert

    The changing nature of the demand for training in Australian enterprises adopting new management practices and the implications of those changes for training providers were examined. More than 3,400 private sector enterprises were surveyed by mail, after which follow-up telephone interviews were conducted with 80 human resource practitioners from…

  9. Management of Agricultural Enterprise Cash Flows

    OpenAIRE

    Tamara Kucherenko; Inna Tkachuk

    2014-01-01

    Cash is the only kind of company resource which can be transformed directly and with minimum time lag into any other kind of resources, their movement servicing all management operational processes. The article is covers the development of cash management algorithm in agricultural enterprise. The author has worked out the algorithm for determining the efficiency of cash management in agricultural enterprise. As the basis of the algorithm the income approach and discounted cash flow method has...

  10. Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment

    International Nuclear Information System (INIS)

    Mueller, H.; Hunt, E.W. Jr.; Oatman, E.N.

    1999-01-01

    The former Electric Power Research Institute took the lead in developing an approach now widely known as strategic asset management (SAM). The SAM methodology applies the tools of decision/risk analysis used in the financial community to clarify effective use of physical assets and resources to create value: to build a clear line of sight to value creation. SAM processes have been used in both the power and other industries. The rapid change taking place in the nuclear business creates the need for competitive decision making regarding the management of nuclear assets. The nuclear industry is moving into an era in which shareholder value is determined by the net revenues earned on power marketed in a highly competitive and frequently low-priced power market environment

  11. Spectral decomposition of optimal asset-liability management

    NARCIS (Netherlands)

    Decamps, M.; de Schepper, A.; Goovaerts, M.

    2009-01-01

    This paper concerns optimal asset-liability management when the assets and the liabilities are modeled by means of correlated geometric Brownian motions as suggested in Gerber and Shiu [2003. Geometric Brownian motion models for assets and liabilities: from pension funding to optimal dividends.

  12. RISK MANAGEMENT MECHANISM OF GRAIN PROCESSING ENTERPRISES

    Directory of Open Access Journals (Sweden)

    I. P. Bogomolova

    2013-01-01

    Full Text Available In article the main characteristics of a control system by risks (the purpose, properties, the principles, requirements are defined, and also the possible mechanism of risk management of the flour-grinding enterprises is considered.

  13. Steam generator asset management model application

    International Nuclear Information System (INIS)

    Pop, M. G.; Shoemaker, P.; Colgan, K.; Griffith, J.

    2008-01-01

    An advanced economic model in SG Asset Management, called B-Factor Methodology Tool, was developed by AREVA NP (Patent Pending), and used during the summer of 2006. The Tool allowed prediction of the future cost for a selected combination of mitigation techniques at a utility, while considering the tube deposit evolution and its effects on their particular SGs. The Tool, which was presented in its basic theoretical form at the ICAPP Meeting in Nice in 2007, has been greatly improved and was applied again at the end of 2007 at another utility. The elements of the B-Factor Methodology are the annual and cumulative net present value, and the annual escalated direct and indirect costs/benefits. All these are relative to a base case for a selected combination of mitigation techniques, considering the tube deposit evolution and its effects on the SG tubing area and SG pressure losses and ultimately on the plant power production. This paper will present the actual progress made in improving the Tool during 2007 so that it successfully predicts the optimum combination of various SG maintenance activities for any given utility. Simulated results of the operation of the B-Factor Methodology Tool for a complex scenario of Asset Management reasoning are also presented. (authors)

  14. System-functional approach in enterprise''s innovation activity management

    OpenAIRE

    Olikh, L.; Maslyukivska, А.

    2012-01-01

    The article is devoted to the problems of forming management system of enterprise innovation activity. The authors pick out the enterprise's innovation subsystem main parts and generalize management functions' realization in the context of its innovation activity management.

  15. Agility in asset management, or: how to be flexible with assets designed for stability

    NARCIS (Netherlands)

    Ruitenburg, Richard Jacob; Braaksma, Anne Johannes Jan; van Dongen, Leonardus Adriana Maria

    2016-01-01

    Agility is increasingly important in manufacturing. However, thus far little attention has been paid to the agility of the physical assets used in production, which are typically designed for decades of operation in a stable context. This paper investigates the topic of agile Asset Management using

  16. Integrated Space Asset Management Database and Modeling

    Science.gov (United States)

    MacLeod, Todd; Gagliano, Larry; Percy, Thomas; Mason, Shane

    2015-01-01

    Effective Space Asset Management is one key to addressing the ever-growing issue of space congestion. It is imperative that agencies around the world have access to data regarding the numerous active assets and pieces of space junk currently tracked in orbit around the Earth. At the center of this issues is the effective management of data of many types related to orbiting objects. As the population of tracked objects grows, so too should the data management structure used to catalog technical specifications, orbital information, and metadata related to those populations. Marshall Space Flight Center's Space Asset Management Database (SAM-D) was implemented in order to effectively catalog a broad set of data related to known objects in space by ingesting information from a variety of database and processing that data into useful technical information. Using the universal NORAD number as a unique identifier, the SAM-D processes two-line element data into orbital characteristics and cross-references this technical data with metadata related to functional status, country of ownership, and application category. The SAM-D began as an Excel spreadsheet and was later upgraded to an Access database. While SAM-D performs its task very well, it is limited by its current platform and is not available outside of the local user base. Further, while modeling and simulation can be powerful tools to exploit the information contained in SAM-D, the current system does not allow proper integration options for combining the data with both legacy and new M&S tools. This paper provides a summary of SAM-D development efforts to date and outlines a proposed data management infrastructure that extends SAM-D to support the larger data sets to be generated. A service-oriented architecture model using an information sharing platform named SIMON will allow it to easily expand to incorporate new capabilities, including advanced analytics, M&S tools, fusion techniques and user interface for

  17. Asset Management as a Precondition for Knowledge Management

    International Nuclear Information System (INIS)

    Bajramovic, E.; Waedt, K.; Gupta, D.; Gao, Y.; Parekh, M.

    2016-01-01

    Full text: Smart sensors and extensively configurable devices are gradually imposed by the automation market. Except for safety systems, they find their way into the next instrumentation and control (I&C) generation. The understanding and handling of these devices require an extensive knowledge management (KM). This will be outlined for security, testing and training. For legacy systems, security often relates to vetting and access control. For digital devices, a refined asset management is needed, e.g., down to board-level support chipsets. Firmware and system/application software have their own configurations, versions and patch levels. So, here, as a first step of the KM, a user needs to know the firmware configurability. Then, trainings can address when to apply patches, perform regression tests and on what to focus, based on accumulated experience. While assets are often addressed implicitly, this document justifies an explicit and semiformal representation of primary and supporting assets (the asset portfolio) and the establishment of an asset management system as a basis for a robust knowledge management. (author

  18. Asset management inventory and data collection.

    Science.gov (United States)

    2009-10-01

    An efficient and accurate inventory of a state highway agencys assets, along with the means to assess the condition : of those assets and model their performance, is critical to enabling an agency to make informed investment decisions : in a Trans...

  19. The construction of enterprise content management platform

    International Nuclear Information System (INIS)

    Liu Diyong

    2010-01-01

    The paper introduces the content management platform development background and the construction mode of Sanmen Nuclear Power Co., Ltd. It also proposes the system design architecture, especially focuses on the implementation of the project, the key technical issues and the project management experience. In addition, it describes how to classify, manage and use the unformatted information, digital assets and documents. (author)

  20. Evaluating and Directions for Improving the Efficiency of Use of the Main Production Assets of Enterprise

    Directory of Open Access Journals (Sweden)

    Chumak Larysa F.

    2017-04-01

    Full Text Available The article is aimed at studying the existing approaches to evaluation, as well as analyzing and determining the relevant directions for improving the efficiency of use of the enterprise’s main production assets. The article explores the issues such as development of the theoretical-methodical approaches to evaluating and improving the efficiency of use, finding practical ways and forms to implement innovations and upgrade the main production assets. It has been found that ensuring the efficient use of the main production assets goes along with application of technical, organizational-productive and organizational-administrative activities that are not only related to the technical side of the use, but also require the involvement and training of highly qualified professionals capable of providing with the appropriate productivity a high level of all the types of the work needed. The introduction of modern achievements in the sphere of management automation, production, advanced technologies, and the development of an optimal structure of the main assets would improve the efficiency of use of the main production assets.

  1. Managing Risks in Electrical Infrastructure Assets from a Strategic Perspective

    NARCIS (Netherlands)

    Zhuang, Q.

    2015-01-01

    Should risks always be quantified before being managed? The answer is “yes” in the opinion of most asset managers in today’s electricity transmission and distribution companies, but “no” in modern theories of risk management. When the risks refer to reliability hazards of high-voltage assets, the

  2. Diagnosis in the Enterprise Management System

    Directory of Open Access Journals (Sweden)

    Skrynkovskyy Ruslan M.

    2016-08-01

    Full Text Available The aim of the article is to define the role and place of the diagnosis management system in the structure of the task system of the enterprise diagnosis. There suggested the essence of the concept of «diagnosis of the enterprise», which is understood as the process of identification, analysis and evaluation of the enterprise state and trends in its changes (changes of the state on the basis of relevant business indicators in order to develop recommendations on the elimination of problematic points and weaknesses in the functioning of the enterprise to ensure a qualitatively new level of its development and formation of prospects with consideration to the consequences of violation of the legislation in the field of economics and enterprise management and law (legal responsibility for the violation of the labor law, tax law, law on protection of economic competition, law on trade secret, etc.. It was found that the diagnosis in the system of enterprise management: 1 is a structural component (or a partial diagnosis task in a group of private diagnosis tasks in the system of diagnosis task of the enterprise activity; 2 as a sub-function of the control function (as a general function of management includes such components as: assessment (identification of key features, characteristics, parameters (indexes, indicators, properties; analysis (a thorough study of the structure, dynamics, trends, etc.; identification (involves determination of deviations of parameters from the criteria and/or standards, formulation of diagnosis. Prospects for further research in this direction are the development of methods for quantitative assessment of the effectiveness of the management system with the purpose of its introducing in practical activities of enterprises, namely in the processes of decision-making.

  3. Environmental asset management: Risk management systems

    CSIR Research Space (South Africa)

    Naudé, Brian

    2017-07-01

    Full Text Available bnaude@csir.co.za Charl Petzer Council for Scientific and Industrial Research PO Box 395 Pretoria 0001 South Africa +2712 841 4292 CPetzer1@csir.co.za Copyright © 2017 by B Naudé, C Petzer. Published and used by INCOSE with permission.... Charl Petzer is registered professional engineer with 30 years of programme/project management as well as systems engineering experience in military and other environments. He has been the lead systems engineer, as well as programme manager on several...

  4. Change management in lean enterprise

    Directory of Open Access Journals (Sweden)

    Furman Joanna

    2016-06-01

    Full Text Available The main purpose of the paper is the analysis of a process of change focusing particularly on the concept of slimmed production (Lean and its implementation in the enterprise. A case study method was chosen as a research tool because it offers wide array of techniques and means of gaining and analysing data.

  5. A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    J.L. Jooste

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: There has been an emphasis shift from maintenance management towards asset management, where the focus is on reliable and operational equipment and on effective assets at optimum life-cycle costs. A challenge in the manufacturing industry is to develop an asset performance management model that is integrated with business processes and strategies. The authors developed the APM2 model to satisfy that requirement. The model has a generic reference structure and is supported by operational protocols to assist in operations management. It facilitates performance measurement, business integration and continuous improvement, whilst exposing industry to the latest developments in asset performance management.

    AFRIKAANSE OPSOMMING: Daar is ‘n klemverskuiwing vanaf onderhoudsbestuur na batebestuur, waar daar gefokus word op betroubare en operasionele toerusting, asook effektiewe bates teen optimum lewensikluskoste. ‘n Uitdaging in die vervaardigingsindustrie is die ontwikkeling van ‘n prestasiemodel vir bates, wat geïntegreer is met besigheidsprosesse en –strategieë. Die outeurs het die APM2 model ontwikkel om in hierdie behoefte te voorsien. Die model het ‘n generiese verwysingsstruktuur, wat ondersteun word deur operasionele instruksies wat operasionele bestuur bevorder. Dit fasiliteer prestasiebestuur, besigheidsintegrasie en voortdurende verbetering, terwyl dit die industrie ook blootstel aan die nuutste ontwikkelinge in prestasiebestuur van bates.

  6. Portfolio management fees: assets or profits based compensation?

    OpenAIRE

    Gil-Bazo, Javier

    2001-01-01

    This paper compares assets-based portfolio management fees to profits-based fees. Whilst both forms of compensation can provide appropriate risk incentives, fund managers' limited liability induces more excess risk-taking under a profits-based fee contract. On the other hand, an assets-based fee is more costly to investors. In Spain, where the law explicitly permits both forms of retribution, assets-based fees are observed far more frequently. Under this type of compensation, the paper provid...

  7. Review of asset hierarchy criticality assessment and risk analysis practices.

    Science.gov (United States)

    2014-01-01

    The MTA NYC Transit (NYCT) has begun an enterprise-wide Asset Management Improvement Program (AMIP). In : 2012, NYCT developed an executive-level concept of operations that defined a new asset management : framework following a systems engineering ap...

  8. FORMATION OF THE ENTERPRISE COSTS MANAGEMENT SYSTEM

    Directory of Open Access Journals (Sweden)

    Borysiuk Iryna

    2018-01-01

    Full Text Available Introduction. The paper deals with the actual issues of formation of the enterprise management system costs, because in the conditions of an unstable market environment the financial performance depends on the efficiency of the cost management system, competitiveness, financial sustainability and investment attractiveness of any subject of economic activity. Purpose of the article is consolidation of approaches to cost management, theoretical substantiation and development of recommendations regarding the formation of the enterprise cost management system. Results. Development of an enterprise cost management system based on research on the essence and cost management approaches. The goals, tasks, principles, methods, tools, functions and main elements of the cost management system were determined, factors of the external and internal environment of the enterprise, that affect the system of its costs management. Conclusions. Formation of integrated cost management system ensures the successful company operation on the market, production of competitive products based on costs and prices optimization and making a profit, increase of the reasonableness of making managerial decisions.

  9. Effectiveness of infrastructure asset management: challenges for public agencies

    NARCIS (Netherlands)

    Schraven, Daan; Hartmann, Andreas; Dewulf, Geert P.M.R.

    2011-01-01

    Purpose: The aim of this research is to better understand the decisions in infrastructure asset management at public agencies and the challenges of these agencies to improve the effectiveness of their decision making. Design/methodology/approach: Based on a literature review on asset management at

  10. An Asset Management System for School Buildings in Quebec

    Science.gov (United States)

    Gerbasi, Dino; Marchand, Gilles

    2005-01-01

    Presented here are the major reasons why an asset management system (AMS) is needed, a brief history of their evolution and a description of the initiative undertaken by Quebec to implement such a system. The appendix contains the recommended basic requirements for an asset management system. (Contains 1 figure and 4 footnotes.)

  11. Asset management maturity in public infrastructure: the case of Rijkswaterstaat

    NARCIS (Netherlands)

    Volker, L.; Ligtvoet, A.; van den Boomen, M.; Wessels, Peter; van der Lei, T.E.; Herder, P.M.

    2013-01-01

    In times of restructuring governmental policies and resources, the
    need for strategic asset management is growing. Maturity models offer
    organisations a structure to assist them in improving their asset management
    performance. We present the results of a repeated maturity measurement

  12. 76 FR 47296 - Transit Asset Management (TAM) Pilot Program Funds

    Science.gov (United States)

    2011-08-04

    ... DEPARTMENT OF TRANSPORTATION Federal Transit Administration Transit Asset Management (TAM) Pilot... supplemented by Bus Discretionary funds in support of the Transit Asset Management (TAM) Pilot Program, which was announced in the TAM Program Notice of Funding Availability on November 19, 2010. The TAM program...

  13. Optimising investment in asset management using the multivariate asset management assessment topography

    Directory of Open Access Journals (Sweden)

    Bam, Wouter Gideon

    2014-08-01

    Full Text Available The multivariate asset management assessment topography (MAMAT was developed to quantify, and represent graphically, development, adoption, and performance of a business’ asset management (AM systems, as described by standards such as PAS 55. The MAMAT provides a way to visualise clearly the strengths and weaknesses of a business’ asset management system. Building on MAMAT, a model describing the relationship between the commitment of resources and the corresponding improvement in the MAMAT assessment outcome is proposed. The goal is to develop an optimisation model that will maximise financial benefits by improving the MAMAT assessment score achieved by a business, while minimising the investment required to attain this improvement. This is achieved by determining the optimal allocation of resources to the different subcategories of the MAMAT assessment framework. The multi-objective cross-entropy method (MOO CEM is used to find the Pareto set of solutions for this problem. In order to showcase the intended industry application and use of the optimisation model, a hypothetical case study is executed and described in this paper. From this application, it was found that the MOO CEM finds useful solutions that can support the implementation of standards such as PAS 55 by prioritising and assigning resources to implementation activities.

  14. INDUSTRIAL ENTERPRISE MANAGEMENT SYSTEM QUALITY ASSESMENT

    Directory of Open Access Journals (Sweden)

    S. V. Pankov

    2012-01-01

    Full Text Available Management systems of small-scale enterprises in Moscow region are of centralized linear type. Misunderstanding of the need for qualitymanagement operational processes is observed in such business structures. Using correct management systems results in reduction of business costs and increase of business economic efficiency and entrepreneurship social role.

  15. INFORMATION SYSTEM OF ENTERPRISE SUPPLY CHAIN MANAGEMENT

    Directory of Open Access Journals (Sweden)

    I. V. Shatokhin

    2016-01-01

    Full Text Available The supply chain management method for manufacture scheduling and planning basedon APS-algorithm is offered. It . Logistics solutions and inventory management problems are discussed. The structure of automated control system of enterprise is designed and its tasks are described.

  16. Prudent management of utility assets -- Problem or promise?

    International Nuclear Information System (INIS)

    Hatch, D.; Serwinowski, M.

    1998-01-01

    As utilities move into a deregulated market, the extent and nature of their asset base, as well as, the manner in which they have managed it, may play a key factor in the form of regulatory recovery. Utilities must face the issue of stranded assets. One form of addressing this issue is using ''EVA'', Economic Value Added as a mechanism to form financial models for prudent asset management. The authors present an approach to this challenging aspect of deregulation. They focus on the following utility assets: buildings/facilities, and excess real physical assets. Primarily focusing on Niagara Mohawk, two or three case studies are used to demonstrate how proactive management and EVA analysis transforms underperforming utility assets. These will be presented in a way that can show benefits for all utility stakeholders such as cost avoidance, load growth, real estate tax savings, stranded asset reductions, environmental gains, corporate image enhancement, and regulatory/governmental gains; over and above possible economic gains. Examples will be given that include the transformation of utility assets into award winning commercial, residential, and industrial developments as well as recreational/park lands and greenways. Similarly, other examples will show the many tangible and intangible benefits of an effective investment recovery and waste stream management program. Various strategies will also be presented that detail how utilities can begin to develop a total comprehensive plan for their asset portfolio. The first step in realizing and maximizing EVA towards a portfolio of assets is a change in corporate policy--one from passive ownership to active prudent management. Service and cost will drive competition resulting from full deregulation. To drive down costs, utilities will need to become more efficient in dealing with their asset base. By embracing an EVA model on an entire asset portfolio, utilities can prepare and excel in the newly shaped marketplace

  17. Enterprise Architecture in the Company Management Framework

    Directory of Open Access Journals (Sweden)

    Bojinov Bojidar Violinov

    2016-11-01

    Full Text Available The study aims to explore the role and importance of the concept of enterprise architecture in modern company management. For this purpose it clarifies the nature, scope, components of the enterprise architecture and relationships within it using the Zachman model. Based on the critical analysis of works by leading scientists, there presented a definition of enterprise architecture as a general description of all elements of strategic management of the company combined with description of its organizational, functional and operational structure, including the relationship between all tangible and intangible resources essential for its normal functioning and development. This in turn enables IT enterprise architecture to be defined as a set of corporate IT resources (hardware, software and technology, their interconnection and integration within the overall architecture of the company, as well as their formal description, methods and tools for their modeling and management in order to achieve strategic business goals of the organization. In conclusion the article summarizes the significance and role of enterprise architecture for strategic management of the company in today’s digital economy. The study underlines the importance of an integrated multidisciplinary approach to the work of a contemporary company, and the need for adequate matching and alignment of IT with business priorities and objectives of the company.

  18. Formation of intangible assets and their impact on the market value of industrial enterprises

    OpenAIRE

    O.V. Melnyk

    2013-01-01

    The aim of the article. The aim of the article is to generalize conceptual approaches to the peculiarities of formation of intangible assets of the company in the context of strategic management, aimed at their effective involvement into economic circulation, in turn, will promote the growth of the capitalization of the ompany, having regard to the fundamental factors of the development of knowledge economy.The results of the analysis. In the context of deliberate influence formation (target ...

  19. Managing Cultural Assets from a Business Perspective.

    Science.gov (United States)

    Price, Laura; Smith, Abby

    Without understanding the value of collections as assets to the home institution, it is difficult for libraries to determine how best to make those assets most productive. This report describes how the Library of Congress developed and implemented a plan for greater accountability over its collections. The report presents a model for the…

  20. Improving organisational resilience through enterprise security risk management.

    Science.gov (United States)

    Petruzzi, John; Loyear, Rachelle

    Enterprise Security Risk Management (ESRM) is a new philosophy and method of managing security programmes through the use of traditional risk principles. As a philosophy and life cycle, ESRM is focused on creating a business partnership between security practitioners and business leaders to more effectively provide protection against security risks in line with acceptable risk tolerances as defined by business asset owners and stakeholders. This paper explores the basics of the ESRM philosophy and life cycle and also shows how embracing the ESRM philosophy and implementing a risk-based security management model in the business organisation can lead to higher levels of organisational resilience as desired by organisation leaders, executives and the board of directors.

  1. Framework for asset management study results : research report.

    Science.gov (United States)

    2012-04-27

    Dye Management Group, Inc. (DMG) collected and analyzed local agency inventory, cost, and condition assessment information in order to provide the Michigan Transportation Asset Management Council (TAMC) with (a) the costs expended to maintain its roa...

  2. The new caring: financial asset management and older people.

    Science.gov (United States)

    Tilse, Cheryl; Wilson, Jill; Setterlund, Deborah; Rosenman, Linda

    2007-10-01

    Increasing longevity and the growing proportion of the aged in the population in most countries have served to focus on the question of how governments and older people can finance living, health, and care options in retirement. Prudent management of income and assets is an increasingly complex and important aspect of aging as assets and expectations of self-financing increase. Although many informal caregivers act as asset managers and/or substitute decision-makers for older people, little attention has been paid to this increasingly important aspect of care. This paper summaries key findings of a broad research program exploring family involvement in the management of older people's assets and the practices that constitute good practice as well as financial mismanagement and abuse. It identifies multi-level and multi-strategy responses needed to address the issues raised by the research and outlines an innovative community demonstration project aimed at improving financial management practices in relation to older people's assets.

  3. Enterprise Engineering and Management at the Crossroads

    DEFF Research Database (Denmark)

    Bernus, Peter; Goranson, Ted; Gøtze, John

    2015-01-01

    . The second challenge is how to face the problems caused by complexity that limit the controllability and manageability of the enterprise as a system. The third challenge is connected with the complexity problem, and describes fundamental issues of sustainability and viability. Following from the third...... (EIS). The first challenge is to overcome the narrowness of scope of present practice in IS and EA, and re-gain the coverage of the entire business on all levels of management, and a holistic and systemic coverage of the enterprise as an economic entity in its social and ecological environment...

  4. Developing Asset Life Cycle Management capabilities through the implementation of Asset Life Cycle Plans – an Action Research project

    OpenAIRE

    Ruitenburg, Richard; Braaksma, Anne Johannes Jan

    2017-01-01

    Asset Life Cycle Management is a strategic approach to managing physical assets over their complete life cycle. However, the literature and the recent ISO 55,000 standard do not offer guidance as to how to develop such an approach. This paper investigates the main capabilities for Asset Life Cycle Management by means of a four year Action Research project implementing Asset Life Cycle Plans. Five main capabilities emerged: 1. strategic information use; 2. alignment of operations and strategy;...

  5. BIM: Enabling Sustainability and Asset Management through Knowledge Management

    Science.gov (United States)

    2013-01-01

    Building Information Modeling (BIM) is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry. PMID:24324392

  6. BIM: Enabling Sustainability and Asset Management through Knowledge Management

    Directory of Open Access Journals (Sweden)

    Robbert Anton Kivits

    2013-01-01

    Full Text Available Building Information Modeling (BIM is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  7. BIM: enabling sustainability and asset management through knowledge management.

    Science.gov (United States)

    Kivits, Robbert Anton; Furneaux, Craig

    2013-11-10

    Building Information Modeling (BIM) is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  8. 7th World Congress on Engineering Asset Management

    CERN Document Server

    Choi, Byeongkuen; Ma, Lin; Mathew, Joseph

    2015-01-01

    These proceedings comprise 60 refereed papers of the Seventh World Congress on Engineering Asset Management (WCEAM) that was held in Deajeon City, Korea from 8-9 October 2012. The material is a compilation of state-of-the-art papers in the field covering a comprehensive range of subjects that are equally relevant to business managers and engineering professionals alike. Proceedings of the 7th World Congress on Engineering Asset Management (WCEAM 2012): Towards Integration and Interoperability in EAM covers a wide range of topics in the discipline of engineering asset management, including: ·         strategic asset management ·         condition monitoring and diagnostics ·         integrated intelligent maintenance ·         sensors and devices ·         information quality & management; ·         sustainability in asset management ·         asset performance and knowledge management ·         data mining and AI techniques in asset m...

  9. Strengthening Institutions and Enterprises of Cooperative and Their Impact on Members’ Assets

    Directory of Open Access Journals (Sweden)

    Sri Widiyati Soemodipoero

    2017-06-01

    Full Text Available Revitalization of Cooperative interpreted as a series of activities undertaken to reorganize the institutional and strengthen cooperative efforts in accordance with the values and principles of cooperatives. Cooperative serves as a tool to equalize the concentration of control of economic assets so that the weak economy may have opportunities to enhance economic independence. The purpose of this study is to explore the link between the level of member participation and human resource competencies to the strengthening of the institutional and cooperative efforts as well as its impact on member assets. This research used logistic regression analysis and Wilcoxon Signed Rank Test. The results showed that the level of participation of members and managers of Human Resources competencies significantly affect institutional strengthening and cooperative efforts. Different test shows that there is a difference between financial capital and human capital before and after become a member of the cooperative.

  10. AASHTO transportation asset management guide : a focus on implementation executive summary.

    Science.gov (United States)

    2013-06-01

    This AASHTO Transportation Asset Management Executive Summary serves as a companion to the AASHTO Transportation : Asset Management GuideA Focus on Implementation, which takes as a starting point the Transportation : Asset Management Guide publish...

  11. ASSET MANAGEMENT STANDARD FOR THE WIND POWER INDUSTRY

    OpenAIRE

    Frank, Fabian

    2016-01-01

    The consolidation of the wind power industry in the last years requires companies to optimize their performance of the delivery of the wind energy asset’s lifecycle they cover in order to stay in the market. The Asset Management Standard ISO 55000 is a general framework applicable for companies which work with infrastructure assets. As the delivery of wind energy assets is very specific in all aspects of its lifecycle delivery, the Thesis identifies that there is a need for an Asset Managemen...

  12. FINANCIAL ASPECTS OF CURRENT ASSETS MANAGEMENT IN SERBIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Jugoslav Aničić

    2017-04-01

    Full Text Available Efficient current assets management should provide optimum level of company’s net current assets as interrelation between current assets and short-term liabilities. The companies whose short-term liabilities are not proportionate to cashable current assets face the problem of insolvency and all negative consequences caused by insolvency. Rate of return to total assets measures how good is the management’s use of the company property for the purpose of creating operating profit, regardless of the fact how these assets are financed. Serbian economy is burdened by insolvency and significant indebtedness under unfavorable loan terms, so adequate attention has to be dedicated to the matters of the structure of operating property and its financing in order to improve competitiveness and efficiency of business.

  13. MEETING THE CHALLENGE OF ESTABLISHING COMMERCIAL MOHAIR ENTERPRISES BY BUILDING AN INTERACTIVE ENTERPRISE MANAGEMENT AND FINANCIAL MODEL

    Directory of Open Access Journals (Sweden)

    Stephen J Chaffey

    2009-06-01

    Full Text Available To assist in attracting investors into mohair production in Australia, a production and financial model was built as a learning and support tool. The work aimed to reduce search time and thinking costs about the impact of management strategies on financial feasibility. Various management strategies and assumptions applied to a case study with 300 breeding Angora does and eight variations. The results showed an internal rate of return for mohair ranging from 9.3% to 21.2% over 12 years, a median gross margin per effective hectare ranging from $82 to $167, cash at bank in year 12 ranging from $8,700 to $56,800 and net enterprise assets ranging from $69,900 to $155,700. A key benefit of the model was its ability to allow new farmers to explore potential management strategies and their assumptions about a future enterprise before investing.

  14. [Appliancation of logistics in resources management of medical asset].

    Science.gov (United States)

    Miroshnichenko, Iu V; Goriachev, A B; Bunin, S A

    2011-06-01

    The usage of basic regulations of logistics in practical activity for providing joints and military units with medical asset is theoretically justified. The role of logistics in organizing, building and functioning of military (armed forces) medical supply system is found out. The methods of solving urgent problems of improvement the resources management of medical asset on the basis of logistics are presented.

  15. Asset life cycle plans: twelve steps to assist strategic decision-making in asset life cycle management

    NARCIS (Netherlands)

    Ruitenburg, Richard Jacob; Braaksma, Anne Johannes Jan; van Dongen, Leonardus Adriana Maria; Carnero, Maria Carmen; Gonzalez-Prida, Vicente

    2017-01-01

    Effective management of physical assets should deliver maximum business value. Therefore, Asset Management standards such as PAS 55 and ISO 55000 ask for a life cycle approach. However, most existing methods focus only on the short term of the asset's life or the estimation of its remaining life.

  16. Developing Asset Life Cycle Management capabilities through the implementation of Asset Life Cycle Plans – an Action Research project

    NARCIS (Netherlands)

    Ruitenburg, Richard; Braaksma, Anne Johannes Jan

    2017-01-01

    Asset Life Cycle Management is a strategic approach to managing physical assets over their complete life cycle. However, the literature and the recent ISO 55,000 standard do not offer guidance as to how to develop such an approach. This paper investigates the main capabilities for Asset Life Cycle

  17. Strategy development for enterprise content management

    NARCIS (Netherlands)

    Smits, M.T.; O'Callaghan, R.; vom Brocke, J.; Simons, A.

    2014-01-01

    Many organizations maintain a variety of systems and databases in a complex ad-hoc information infrastructure that does not fulfill the need for company-wide unstructured information management in business processes, business functions, and the extended enterprise. We present a framework and a

  18. Strategic Management of Innovations at Pharmaceutical Enterprises

    Directory of Open Access Journals (Sweden)

    Honcharova Svіtlana Yu.

    2014-01-01

    Full Text Available The article is devoted to theoretical and practical issues of the use of the concept of strategic management of innovations at pharmaceutical enterprises. It studies main barriers, which restrict development of Ukrainian pharmaceutical enterprises. It analyses the state and tendencies of development of innovation activity of pharmaceutical enterprises and studies foreign experience of innovation activity. It marks out specific features of strategic management of innovation development in pharmaceutical industry. It specifies the role and advantages of methods of strategic analysis in the system of management of a pharmaceutical enterprise. It considers the essence of “innovation development” and “innovation model of development” notions and analyses their organisational and legal provision. It justifies strategic tasks of the pharmaceutical filed to focus on in order to achieve a breakthrough when building an innovation model of economic development. The article proves that the most important factors that ensure growth of efficiency of pharmaceutical production are: wide application of the concept of strategic management and creation of innovations.

  19. Managing Safety in Small and Medium Enterprises

    DEFF Research Database (Denmark)

    Stephen, legg; Olsen, Kirsten Bendix; Ian S., laird

    2015-01-01

    on safety in SMEs, showing how most current policy and legislation on occupational health and safety (OSH) and the work environment is based on large enterprises and that there is a relative paucity of research on OSH in SMEs. In a summary of current knowledge, it is argued that modern OHS legislation......This paper presents a conceptual model for increasing acceptable working environments for SMEs. It also acts as an editorial for the special issue of Safety Science on ‘Managing safety in small and medium enterprises (SMEs)’. It describes how seven of the ten papers in the special issue originate...

  20. ASSESSMENT OF BANKING ASSETS ON FINANCIAL RISK MANAGEMENT - ALBANIAN CASE

    Directory of Open Access Journals (Sweden)

    ADRIATIK KOTORRI

    2014-02-01

    Full Text Available Recognizing the asset value dynamics volatility of the financial institutions and the importance of its recognition both for financial reporting purposes and risk management effect, this paper aims to provide a practical model for the assets and financial institutions evaluation especially banks. It also aims to present a model to measure the value of banking assets for the purposes of risk management as an opportunity to identify in an early moment the banking risks. The paper develops the bank assets assessment forms and the basis of mathematical modeling of this assessment in general. He identifies also the evaluation factors as for example time to maturity, interest rate market for the assets (YTM, the interest rate agreed, the early repayment of the loan, interest ceilings and floors, off-balance sheet treatment, etc..

  1. Modern methods of managing changes in enterprises

    Directory of Open Access Journals (Sweden)

    Alkarawy H.G.W.

    2018-05-01

    Full Text Available in order to maintain their positions in the market, enterprises are forced to look for new opportunities and ways to rationalize their actions. One such option is the company's outsourcing, which is the subject of this article. Outsourcing is a direction that was founded almost three decades ago, but still enjoys increased attention due to its approaches to considering the resources and performance of organizations. Under the influence of globalization, which we can now observe in all aspects of production, as well as the opening of markets and economies, outsourcing cannot be ignored by the management of the enterprise. Nevertheless, the gap between theory and real practice still exists. Therefore, the purpose of this study is to develop an algorithm for introducing outsourcing into the practical activities of the enterprise.

  2. Stimulation of Managers in Regional Enterprises

    Directory of Open Access Journals (Sweden)

    Vladimir Nikiforovich Belkin

    2018-03-01

    Full Text Available Most of the principles related to top managers work incentives were inherited from the planned economy that produces demotivation and opportunistic behaviour. Remuneration is a commercial secret and shall not be disclosed. The system of top managers’ stimulation is unbalanced and does not motivate them to achieve medium- and long-term goals of the company. The study pays great attention to the development of managers’ stimulation policies, the transparency of remuneration, correlation between pay and performance. We provide practical examples of foreign and national experience, showing the ability to ensure the transparency of remuneration of managers, and the relation between compensation and performance. These examples show that managers’ remuneration amount does not always correspond to the efficiency of enterprises and return on capital. To solve these problems, we offer to develop philosophy and policy for the stimulation of managers in enterprises. It will allow to find a balance between the interests of shareholders and managers. Furthermore, this philosophy will have a positive impact on the competitiveness of enterprises in a region. The policy of stimulating managers should include certain key areas. Firstly, it should ensure the competitiveness of managers’ remuneration. Secondly, it implies studying the motives of managers’ work and the integration of these motives in the development of incentive system for the managers. Thirdly, it should include an optimal combination of elements to stimulate labour: base salary, material and social remuneration, short and long-term remuneration, etc. And last, it should consider the indicators and norms of enterprise’s effectiveness as well as the assessment of working results of managers. The results of this research can be used for further study of the stimulation of managers’ work in Russian companies. They can also be used in practice for the analysis of labour incentives of

  3. FRAGMENTATION OF CRISIS MANAGEMENT IN AN ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Jarema Batorski

    2011-11-01

    Full Text Available The communiqué presents some methodological assumptions of research into organizational crisismanagement. The subject of research, both theoretical and empirical, is crisis management in anenterprise from the point of view of organizational learning. There are some paradoxes in crises andin using common practices during a crisis. These paradoxes constitute the research field forrecomposition of various models of crisis management in enterprises.

  4. How to manage enterprise? From creation to rational continuation

    NARCIS (Netherlands)

    Hans Broekhuis; Louise van Weerden

    2009-01-01

    There is a difference between enterprise and management. Enterprise is about creation and management is the rational continuation of enterprise. Being rational comes natural to entrepreneurs, but a good entrepreneur has to develop both aspects. To achieve this is an important aspect of management

  5. Long term cross asset management of critical structures

    International Nuclear Information System (INIS)

    Wenzel, H.

    2013-01-01

    Conclusions: Asset management requires tools for optimisation. SHM delivers the required information. SHM helps to reduce the uncertainties. Life Cycle methodologies are mature. Life Time Extension can be justified and monitored. Life Cycle Engineering is a must nowadays

  6. 2014 National Asset Management Conference and training on implementation strategies.

    Science.gov (United States)

    2014-07-01

    This report documents the major research activities conducted as part of the Federal Highway Administration (FHWA) : Transportation Pooled Fund (TPF) Program project, TPF-5(275) 2014 National Asset Management Conference and Training on : Implementati...

  7. Thermal cracking performance prediction and asset management integration.

    Science.gov (United States)

    2011-03-01

    With shrinking maintenance budgets and the need to do more with less, accurate, robust asset management tools are greatly needed for the transportation engineering community. In addition, the increased use of recycled materials and low energy p...

  8. Asset Management of Roadway Signs Through Advanced Technology

    Science.gov (United States)

    2003-06-01

    This research project aims to ease the process of Roadway Sign asset management. The project utilized handheld computer and global positioning system (GPS) technology to capture sign location data along with a timestamp. This data collection effort w...

  9. Implementation of transportation asset management in Grandview, Missouri : final report.

    Science.gov (United States)

    2017-02-01

    The successful implementation of transportation asset management (TAM) by local governments facilitates the optimization of limited resources. The use of a data-driven TAM program helps to identify and prioritize needs, identify and dedicate resource...

  10. Transportation asset management : a vehicle for mainstreaming ITS?

    Science.gov (United States)

    2001-06-01

    This paper examines the use of transportation asset management (TAM) as a mechanism for mainstreaming" intelligent transportation systems (ITS) into the transportation decision-making process. TAM is an emerging set of tools and techniques that compr...

  11. Risk and Reliability of Infrastructure Asset Management Workshop

    National Research Council Canada - National Science Library

    2006-01-01

    ...) in collaboration with Headquarters, USACE and in support of the initiatives on asset management. Over 75 people attended representing 6 of 8 Corps divisions, many districts, HQ, ERDC, Institute for Water Resources and academia...

  12. Enterprise risk management and disclosure

    Directory of Open Access Journals (Sweden)

    Nicoleta Farcane

    2008-01-01

    Full Text Available Our paper deals with aspects regarding risk and uncertainty. Many risk management methods are today implemented in organizations. This perspective reveals that managers are linked in different forms to the activities they are managing, depending on the conditions and levels of uncertainty they are in. Actually, these multiple levels of uncertainty lead to the conclusion that any situation in an organizational system can be classified in two different models of organizational phenomena: the organizational phenomena that are putting managers and stakeholders in conditions of risk and the organizational phenomena that are putting them in condition of uncertainty. Using content analyze in this paper we survey the disclosure level of risk management information in the annual report of top Romanian listed companies.

  13. The missing link between maintenance contracts and flexible asset management

    OpenAIRE

    Marttonen-Arola, Salla; Viskari, Sari; Kärri, Timo

    2013-01-01

    The paper shows how additional value can be created in maintenance collaboration through integrating the features of flexible asset management into maintenance contracts. We expand the traditional typology of maintenance contracts and introduce a new contract type, flexible asset management contracts. Also value sharing in the new contract type is discussed. Our logic for sharing the value is based on reaching for win-win situations in industrial maintenance collaboration. Finally, we present...

  14. How to Configurate Oracle Enterprise Manager on Windows 2000 Server

    Institute of Scientific and Technical Information of China (English)

    2001-01-01

    Oracle Enterprise Manager is a system management tool, which provides an integrated solution for centrally managing your heterogeneous environment Servers. Enterprise Manager combines a graphical Console, Oracle Management Servers, Oracle Intelligent Agents, common services, and tools to provide an integrated, comprehensive systems management platform for managing Oracle products, and is comprised of such as Data

  15. Modelling a Global EPCM (Engineering, Procurement and Construction Management Enterprise

    Directory of Open Access Journals (Sweden)

    Sekhar Chattopadhyay

    2010-03-01

    Full Text Available This paper investigates the applicability of enterprise architectures in the context of current business environment by examining the application of Purdue Enterprise Reference Architecture to WorleyParsons, a global engineering, procurement and construction management enterprise, under the backdrop of a similar study carried out on Fluor Daniel during mid-nineties of the last century. The outcome of this study recommends the need for new enterprise architecture, the People-Centric Enterprise Architecture that not only focuses on human dimension in modern enterprises as the central thread, but also includes more business characteristics of the enterprise other than engineerings.

  16. Knowledge management in support of enterprise risk management

    OpenAIRE

    Rodriguez, Eduardo; Edwards, John S.

    2014-01-01

    Risk management and knowledge management have so far been studied almost independently. The evolution of risk management to the holistic view of Enterprise Risk Management requires the destruction of barriers between organizational silos and the exchange and application of knowledge from different risk management areas. However, knowledge management has received little or no attention in risk management. This paper examines possible relationships between knowledge management constructs relate...

  17. A framework for considering externalities in urban water asset management.

    Science.gov (United States)

    Marlow, David; Pearson, Leonie; Macdonald, Darla Hatton; Whitten, Stuart; Burn, Stewart

    2011-01-01

    Urban communities rely on a complex network of infrastructure assets to connect them to water resources. There is considerable capital investment required to maintain, upgrade and extend this infrastructure. As the remit of a water utility is broader than just financial considerations, infrastructure investment decisions must be made in light of environmental and societal issues. One way of facilitating this is to integrate consideration of externalities into decision making processes. This paper considers the concept of externalities from an asset management perspective. A case study is provided to show the practical implications to a water utility and asset managers. A framework for the inclusion of externalities in asset management decision making is also presented. The potential for application of the framework is highlighted through a brief consideration of its key elements.

  18. KNOWLEDGE MANAGEMENT IN CUBAN ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Raúl Yoel La Fé Jiménez

    2017-10-01

    Full Text Available In Cuba the intensive use of knowledge has focused on some sectors more than others, despite the high level of training of human resources and the need to boost the Cuban economy with efficiency. This is the reason why the objective of this article is to propose a procedure for the implementation and improvement of knowledge management in Cuban companies. For this purpose, it was created a series of phases that follows a logical sequence for the implementation and improvement of knowledge management in any type of company.

  19. Proactive pavement asset management with climate change aspects

    Science.gov (United States)

    Zofka, Adam

    2018-05-01

    Pavement Asset Management System is a systematic and objective tool to manage pavement network based on the rational, engineering and economic principles. Once implemented and mature Pavement Asset Management System serves the entire range of users starting with the maintenance engineers and ending with the decision-makers. Such a system is necessary to coordinate agency management strategy including proactive maintenance. Basic inputs in the majority of existing Pavement Asset Management System approaches comprise the actual pavement inventory with associated construction history and condition, traffic information as well as various economical parameters. Some Pavement Management System approaches include also weather aspects which is of particular importance considering ongoing climate changes. This paper presents challenges in implementing the Pavement Asset Management System for those National Road Administrations that manage their pavement assets using more traditional strategies, e.g. worse-first approach. Special considerations are given to weather-related inputs and associated analysis to demonstrate the effects of climate change in a short- and long-term range. Based on the presented examples this paper concludes that National Road Administrations should account for the weather-related factors in their Pavement Management Systems as this has a significant impact on the system outcomes from the safety and economical perspective.

  20. Transit asset inventory development and integration : asset management methodology/condition assessment methodology research.

    Science.gov (United States)

    2012-09-01

    This report summarizes the results of a 13-month effort by CodeRed Business Solutions (CRBS) to consider how urban rail transit agencies can leverage data within their maintenance management systems to build asset inventories for higher-level analysi...

  1. Integration of structural health monitoring and asset management.

    Science.gov (United States)

    2012-08-01

    This project investigated the feasibility and potential benefits of the integration of infrastructure monitoring systems into enterprise-scale transportation management systems. An infrastructure monitoring system designed for bridges was implemented...

  2. Enterprise vocabulary management; A lexicographic view

    Directory of Open Access Journals (Sweden)

    Jan Voskuil

    2015-07-01

    Full Text Available The central theme in this paper is the problem of shifting from natural language descriptions, as in traditional dictionaries and thesauri, to working IT (Information Technology systems that support people carrying out their administrative tasks. An explicit description of the specific language used in an organization is necessary to guarantee properly working IT systems and a healthy flow of information. Traditionally, there are different ways of capturing such a vocabulary. Different options are considered, arguing that the general form of a thesaurus offers the optimal solution for a broad range of cases. Various requirements for such a thesaurus are examined. A real world example is discussed in some detail. Finally, the paper examines how modern Web technology can help optimizing the creation, management and use of enterprise thesauri. Using these technologies, the enterprise thesaurus can take up new roles in managing the information household of an organization.

  3. ERP project implementation and risk management of nuclear power enterprise

    International Nuclear Information System (INIS)

    Wang Fei

    2008-01-01

    According to the characteristic and development trend of nuclear power enterprise informatization, combined with the general ERP implementation experience, the method is proposed to ensure the successful implementation and risk management of ERP project in nuclear power enterprise. (authors)

  4. Semantic Enhancement for Enterprise Data Management

    Science.gov (United States)

    Ma, Li; Sun, Xingzhi; Cao, Feng; Wang, Chen; Wang, Xiaoyuan; Kanellos, Nick; Wolfson, Dan; Pan, Yue

    Taking customer data as an example, the paper presents an approach to enhance the management of enterprise data by using Semantic Web technologies. Customer data is the most important kind of core business entity a company uses repeatedly across many business processes and systems, and customer data management (CDM) is becoming critical for enterprises because it keeps a single, complete and accurate record of customers across the enterprise. Existing CDM systems focus on integrating customer data from all customer-facing channels and front and back office systems through multiple interfaces, as well as publishing customer data to different applications. To make the effective use of the CDM system, this paper investigates semantic query and analysis over the integrated and centralized customer data, enabling automatic classification and relationship discovery. We have implemented these features over IBM Websphere Customer Center, and shown the prototype to our clients. We believe that our study and experiences are valuable for both Semantic Web community and data management community.

  5. Asset Management Recovery after the Disater: State of Knowledge

    Directory of Open Access Journals (Sweden)

    Sapri Maimunah

    2016-01-01

    Full Text Available Asset, infrastructure and business can be destroyed in a split seconds. It only takes a minute for natural disasters such as flood, hurricane and others to happen that will stop the business process and destroying the business as well as their assets. Late response towards the disaster will bring disastrous impact not only to the people but also the social and economic of the impacted people and area. It is therefore important for the organization to ensure speedy recovery of the disaster’s impact such as the assets in an effort to ensure the business survival and facilitating societal and economic recovery. Therefore this paper examines the state of knowledge in relation to the asset management recovery especially after the disaster. Following to that, this paper will discuss the literatures involves in asset management recovery such as disaster management and business continuity plan (BCP. Towards the end, this paper suggests that the effect of lack of planning in asset management recovery will lead to an untold damage towards the community, organization as well as the business, taking months or even years to rectify. In some cases, businesses are shut down for goods due to loss data as well as other emerge problems cause by the disaster.

  6. Towards a framework for managing enterprise architecture acceptance / Sonja Gilliland

    OpenAIRE

    Gilliland, Sonja

    2014-01-01

    An enterprise is a complex and changing entity, which is managed and maintained by humans. Enterprise architecture has been identified as an organisational strategy designed to assist enterprises with the understanding of complexity and the management of change. Acceptance, implementation and maintenance of enterprise architecture in organisations are complex and time-consuming. Work roles, responsibilities, common vocabulary, and buy-in are some of the cooperative human factors of stakeholde...

  7. Operations Research Approaches to Asset Management in Freight Rail

    DEFF Research Database (Denmark)

    Gorman, Michael F.; Harrod, Steven

    2011-01-01

    This article describes operations research methodologies as they apply to asset management in freight rail. We describe state-of-the-art methods for locomotive, crew, railcar, line and yard planning and management. We conclude with emerging areas of research in rail.......This article describes operations research methodologies as they apply to asset management in freight rail. We describe state-of-the-art methods for locomotive, crew, railcar, line and yard planning and management. We conclude with emerging areas of research in rail....

  8. Key determinants of managing the marketing asset of global companies

    OpenAIRE

    Tatyana Tsygankova; Roman Ponomarenko

    2016-01-01

    As a result of organization and summarization of key concepts of evolution of the marketing tools of global companies, the authors determined the role of the marketing assets in the system of modern marketing management (as a dialectically higher stage of development of the analyzed tools, which will allow overcoming the antagonistic contradiction of “P- and C-vectors” of their development). The article identified the optimal set of key elements of the system of marketing assets, which are th...

  9. Management Control in Enterprise System Enabled Organizations

    DEFF Research Database (Denmark)

    Rikhardsson, Pall; Rohde, Carsten; Rom, Anders

    2007-01-01

    The objective of this paper is to add to the limited body of knowledge on the relationship between enterprise systems (ES) and management control. Based on a literature review, we describe and classify studies that empirically address this relationship. Apart from not being extensive, the research...... done so far primarily addresses the relationship between management control and ES based on a limited number of methodologies and approaches. We argue that there seems to be a need for more research done from functionalistic and critical perspectives, as well which employs a greater variety...

  10. 8th World Congress on Engineering Asset Management & the 3rd International Conference on Utility Management & Safety

    CERN Document Server

    Mathew, Joseph; Wong, King; Lam, Rocky; Ko, CN; WCEAM 2013; ICUMAS; Engineering asset management : systems, professional practices and certification

    2015-01-01

    This proceedings represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Eight World Congress on Engineering Asset Management (WCEAM). The Proceedings of the WCEAM 2013 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance, 2.  Asset data warehousing, data mining and fusion, 3. Asset performance and level-of-service models, 4. Design and life-cycle integrity of physical assets, 5. Deterioration and preservation models for assets, 6. Education and training in asset management, 7. Engineering standards in asset management, 8. Fault diagnosis and prognostics, 9. Financial analysis methods for physical assets, 10. Human dimensions in integrated asset management, 11. Information quality management, 12. Information systems and knowledge management, 13. Intelligent sensors and devices, 14. Maintenance...

  11. Sustainable promotion nuclear power enterprise procurement bidding risk management

    International Nuclear Information System (INIS)

    Wu Yimin

    2014-01-01

    Nuclear power enterprise procurement bidding work faced with certain risk in recent years, the domestic nuclear power enterprises in the bidding work never stop research and explore the effective ways to guard against legal risks, and has made considerable progress, the eighteenth big country advocates the safety and efficiency of nuclear power development policy, in the face of the subsequent nuclear power construction projects have started, nuclear power enterprise bidding risk management work shoulder heavy responsibilities article through nuclear power enterprise procurement bidding risk management present situation, proposed the sustainable promotion nuclear power enterprise procurement bidding risk management countermeasures. (author)

  12. Fleet wide motor asset management program

    International Nuclear Information System (INIS)

    Rosemeier, R.G.; Moxie, J.J.; Mendez, W.E.

    2011-01-01

    The Institute of Nuclear Power Operations (INPO) performed several studies concerning the effects of motor failures on US power production. Problems with aging and the lack of preventative maintenance were noted as major contributors to this production loss. Westinghouse has developed, and successfully utilized, a computer program to assist plants in the decision making process for maximizing the operational availability of their motor fleet. The program considers motors of a fleet as a single, critical to production asset, and aids the operator in decisions regarding the following: 1.) Purchase of spares. 2.) Rewind and refurbishment prioritization. 3.) Long-term budget forecasting. (author)

  13. 10th World Congress on Engineering Asset Management

    CERN Document Server

    Kortelainen, Helena; Aaltonen, Jussi; Uusitalo, Teuvo; Komonen, Kari; Mathew, Joseph; Laitinen, Jouko

    2016-01-01

    This book comprises refereed papers from the 10th World Congress on Engineering Asset Management (WCEAM 2015), held in Tampere, Finland in September 2015. These proceedings include a compilation of state-of-the-art papers covering a comprehensive range of subjects equally relevant to business managers and engineering professionals alike. With a focus on various aspects of engineering asset management ranging from strategic level issues to detail-level machine health issues, these papers address both industry and public sector concerns and issues, as well as advanced academic research. Proceedings of the WCEAM 2015 is an excellent reference and resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students at tertiary institutions or in the industry.

  14. Optimizing the Banking Activity Using Assets & Liabilities Management

    Directory of Open Access Journals (Sweden)

    Vasile Dedu

    2008-10-01

    Full Text Available In the actual study, starting from the international experience, we revealed the role that should be taken by the Assets and Liabilities Committee (ALCO within the Romanian commercial banks. ALCO became one of the tools used by the executive management of the banks to take decisions regarding the future policy of assets and liabilities management, relying on the synthetic information prepared by well trained technicians but without voting right (usually middle management staff. We consider that the implementation of an assets and liabilities management strategy cannot be done without an appropriate corporate governance structure, even though the bank is having highly specialized staff. Models of some western banking institutions may be considered as benchmarks by the Romanian banks.

  15. Contingency Factors Influencing Implementation of Physical Asset Management Practices

    Directory of Open Access Journals (Sweden)

    Maletič Damjan

    2017-02-01

    Full Text Available Purpose: The purpose of this empirical study is to examine the role of two contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM practices as well as to maintenance key performance indicators. The research is based on a premise that PAM, which was defined by risk management practices, performance assessment practices, life cycle management practices, and policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment.

  16. Key determinants of managing the marketing asset of global companies

    Directory of Open Access Journals (Sweden)

    Tatyana Tsygankova

    2016-12-01

    Full Text Available As a result of organization and summarization of key concepts of evolution of the marketing tools of global companies, the authors determined the role of the marketing assets in the system of modern marketing management (as a dialectically higher stage of development of the analyzed tools, which will allow overcoming the antagonistic contradiction of “P- and C-vectors” of their development. The article identified the optimal set of key elements of the system of marketing assets, which are the brand, customer loyalty, reputation, network cooperation, marketing strategy, internal marketing, marketing information system and marketing innovation. Due to correlation and regression analysis of the impact of each system elements on performance of global companies, the model of the "marketing asset octagon" was built as an integrative management tool. Also, as a result of construction of the said model, the authors identified the most profitable marketing assets, return on investment and development of competencies in the field of efficient management will bring the highest profit to the company. On the basis of summarizing the regional and branch features of managing the disparate elements of the marketing assets of global companies, the key regional and sectoral priorities of formation, development and improvement of existing concepts of the international marketing management were identified, particularly in terms of building an author’s integrative octagon model.

  17. Strategic Management fundamentals of metal enterprises in Ukraine

    Directory of Open Access Journals (Sweden)

    Zargana Irina Anatolevna

    2013-08-01

    Full Text Available The basics and characteristics of strategic management at the metal enterprises are considered. The stages of development and implementation of enterprise management strategy are structured. The balanced scorecard and process management as tools of achieving the goals are considered. The block diagram of metal enterprises management strategy is presented, in which the groups of process indicators are allocated and the balanced scorecard for the process groups are developed.

  18. Analysis of the State of Operation Management at Industrial Enterprises

    OpenAIRE

    Zakharov Vladimir A.; Ivanova Valentina I.

    2013-01-01

    The article analyses operation management at industrial enterprises of the Kharkiv region, identifies main problems and offers ways of improvement of the quality of operation management at industrial enterprises of Ukraine. It marks out the factors of the competitive environment of the operation system, which exert significant influence on operation management of an industrial enterprise. It builds a diagram of problems and a tree of goals of elimination of problems of operation management.Пр...

  19. Integrated Space Asset Management Database and Modeling

    Science.gov (United States)

    Gagliano, L.; MacLeod, T.; Mason, S.; Percy, T.; Prescott, J.

    The Space Asset Management Database (SAM-D) was implemented in order to effectively track known objects in space by ingesting information from a variety of databases and performing calculations to determine the expected position of the object at a specified time. While SAM-D performs this task very well, it is limited by technology and is not available outside of the local user base. Modeling and simulation can be powerful tools to exploit the information contained in SAM-D. However, the current system does not allow proper integration options for combining the data with both legacy and new M&S tools. A more capable data management infrastructure would extend SAM-D to support the larger data sets to be generated by the COI. A service-oriented architecture model will allow it to easily expand to incorporate new capabilities, including advanced analytics, M&S tools, fusion techniques and user interface for visualizations. Based on a web-centric approach, the entire COI will be able to access the data and related analytics. In addition, tight control of information sharing policy will increase confidence in the system, which would encourage industry partners to provide commercial data. SIMON is a Government off the Shelf information sharing platform in use throughout DoD and DHS information sharing and situation awareness communities. SIMON providing fine grained control to data owners allowing them to determine exactly how and when their data is shared. SIMON supports a micro-service approach to system development, meaning M&S and analytic services can be easily built or adapted. It is uniquely positioned to fill this need as an information-sharing platform with a proven track record of successful situational awareness system deployments. Combined with the integration of new and legacy M&S tools, a SIMON-based architecture will provide a robust SA environment for the NASA SA COI that can be extended and expanded indefinitely. First Results of Coherent Uplink from a

  20. DOE Asset Revitalization: Sustainability and Waste Management Aspects - 12120

    Energy Technology Data Exchange (ETDEWEB)

    Robinson, Sharon M. [Oak Ridge National Laboratory, Oak Ridge, TN 37831 (United States)

    2012-07-01

    In February 2011 Secretary of Energy Steven Chu established a Task Force on Asset Revitalization to facilitate a discussion among the Department of Energy (DOE), communities around DOE sites, non-profits, tribal governments, the private sector, and other stakeholders to identify reuse approaches as environmental cleanup efforts at DOE sites reach completion. The Task Force was charged with exploring opportunities to reuse DOE site assets for beneficial purposes and making recommendations to the Under Secretaries of Energy, Science, and Nuclear Security on the formation of an Asset Revitalization Initiative (ARI). The ARI is a Department-wide effort to advance the beneficial reuse of the DOE's unique and diverse mix of assets including land, facilities, infrastructure, equipment, technologies, natural resources, and a highly skilled workforce. The ARI will encourage collaboration between the public and private sectors in order to achieve energy and environmental goals as well as to stimulate and diversify regional economies. The recommendations of the ARI Task Force are summarized below, focusing on the sustainability and waste management aspects. DOE's ongoing completion of cleanup efforts and modernization efforts is creating opportunities to transition under-used or excess assets to future beneficial use. The FY 2011 DOE ARI Task Force determined that DOE's assets could be reused for beneficial purposes such as clean energy production, industrial manufacturing, recreational and conversation use, and other economic development initiatives. Asset revitalization has the potential to both help achieve DOE's energy and environmental goals and diversify regional economies where the sites are located, including providing the support needed to implement large-scale projects that achieve green sustainability goals. Asset revitalization efforts could be accelerated by effectively incorporating future use plans into environmental management and

  1. Conceptual framework for proactive crisis enterprise management

    Directory of Open Access Journals (Sweden)

    G. S. Merzlikina

    2017-01-01

    Full Text Available There has been a significant increase in requests for recognition of the debtor insolvent, this situation actualize proactive crisis management in combination with low rehabilitation potential of the institution of bankruptcy since 2014. The crisеs in the development of enterprises are inevitable, moreover it can have positive aspects, for example, increase the company's susceptibility to progress and prevention of more serious crises, so the main objective of proactive crisis management isn`t the avoidance of crisis but optimization of the crisis process. Optimization of process involves the correlation of the costs of implementation of preventive measures and available resources to allocated resources are sufficient for implementation of all phases of proactive crisis solutions, but at the same time, the company has not incurred unreasonably high costs. The authors conducted a comparative analysis of definitions of “proactivecrisis management” and specified the content of this concept. The adoptionprocess of proactive crisis solutions should be clearly structured, so the authors highlighted and discussed in detail the process of adoption of proactivecrisis solutions, which includes 4 stages: obtaining information about the internal and external enterprise environment, the stage of processing the gathered information and taking necessary proactive crisis decisions, the implementation of the adopted decisions and control their implementation.Modern tools of proactivecrisis management are varied and take into account the specifics of modern Russian system of market relations, because they include analysis of internal and external enterprise environment, quantitative and qualitative indicators. The authors suggest to consider innovation as one of the possible instruments of preventive crisis management.

  2. A hybrid linked data approach to support asset management

    NARCIS (Netherlands)

    Luiten, G.T.; Bohms, H.M.; O'Keeffe, A.; Nederveen, S. van; Bakker, J.; Wikstrom, L.

    2016-01-01

    This paper evaluates experiences with applying a linked data approach for coping with the many challenges for information management in asset management from the perspective of National Road Authorities (NRAs). As influential players, NRAs are often the initiators of innovation in the civil

  3. Asset management for Wyoming counties : volume I, II, III.

    Science.gov (United States)

    2011-08-01

    Vol. 1: In the fall of 2003, the Wyoming Department of Transportation (WYDOT) and the Wyoming T2/LTAP Center (T2/LTAP) began planning an asset management program to assist counties impacted by oil and gas drilling with management of their road system...

  4. Right of way real property asset management : prototype data architecture.

    Science.gov (United States)

    2009-02-01

    The Texas Department of Transportation (TxDOT) is responsible for managing 1.1 million acres of land that : provide right of way for approximately 80,000 centerline miles of state-maintained roads. Management of : the huge right of way asset involves...

  5. Enterprise content management in the cloud

    Directory of Open Access Journals (Sweden)

    Jaroslava Klegová

    2013-01-01

    Full Text Available At present the attention of many organizations concentrates to the Enterprise Content Management system (ECM. Unstructured content grows exponentially, and Enterprise Content Management system helps to capture, store, manage, integrate and deliver all forms of content across the company. Today, decision makers have possibility to move ECM systems to the cloud and take advantages of cloud computing. Cloud solution can provide a crucial competitive advantage. For example, it can reduce fixed IT department cost and ensure faster ECM implementation.To achieve the maximum level of benefits from implementation of ECM in the cloud it is important to understand all possibilities and actions during the implementation. In this paper, the general model of the ECM implementation in the cloud is proposed and described. The risk may relate to all aspects of the implementation, such as cost, schedule or quality. This is the reason why the introduced model places emphasize on risk. The aim of the article is to identify risks of the ECM implementation in the cloud and quantify the impact of risk. The article is focused on the Monte Carlo method. Monte Carlo method is a technique that uses random numbers and probability to solve problems. Based on interviews with an IT managers there is created an example of possible scenarios and the risk is evaluated using the Monte Carlo method.

  6. Management of Enterprise Profit: Theory and Methodology

    Directory of Open Access Journals (Sweden)

    Nadezhda Sergeevna Piontkevich

    2015-12-01

    Full Text Available Effective management of financial activity of commercial organization promotes achievement of the main objective of its activity – receiving profit. Both external and internal factors causing specifics of financial management of organization in the field of management of profit have impact on this process. In modern conditions of economic development this problem gains the greatest relevance, and new approaches for its decision are required. In the present article the author’s theoretical and methodological approach to profit management of organization is offered: its application is connected with revision of acting control system of enterprise profit on the basis of assessing the initial condition of profit, planning the demanded profit level, periodical monitoring condition of planned values on profit, and also adoption of flexible administrative decisions on reduction of deviations and increasing the efficiency of organization activity. The system of profit formation including corresponding income and expenses of organization is presented. Methods of revenue planning are characterized. The characteristics of income and expenses connected with non-operating operations and transactions is given. The essence of the main directions of using enterprise profit is revealed. Need of application of author’s technique of management of profit of organization taking into account influence of external and internal factors is proved. The universal purpose of management of profit of organization and a task providing achievement of the goal are formulated . Tools of assessment efficiency of the system of formation and use of profit which is actually created in organization are offered. The methodical approach to planning of profit allowing to increase efficiency of activity of organization is presented. The mechanism of an assessment deviations of planned indicators of effective management of profit from actual and adoptions of correcting decisions on

  7. The Stress Management in the Enterprise Management System

    Directory of Open Access Journals (Sweden)

    Kuzmin Oleh Ye.

    2017-05-01

    Full Text Available The article systematizes the classification of the type of management by a number of attributes: horizon of ambition, priority style of interaction between management and managed systems, level of centralization, orientation, consideration of environmental impact, contents, type of activity, and response to deviation. Within terms of the attribute of response to deviations, place of the stress management is allocated near to the harmonic and the risk management. It has been substantiated that the stress management is the enterprise management system aimed at overcoming unwanted deviations that are significant, extreme, and have a significant negative impact on the operation of enterprise. In the structure of the stress management, the following integral components have been allocated and characterized: crisis, adaptive, reactive, fears, and anticipative.

  8. Das COSO Enterprise Risk Management-Framework

    OpenAIRE

    Ruud, Flemming; Reichert, Felix

    2007-01-01

    Der Verwaltungsrat und die Geschäftsleitung tragen die Verantwortung, ein Internes Kontrollsystem (IKS) im Unternehmen auszugestalten. Ab dem Geschäftsjahr 2008 wird die Existenz eines IKS durch den externen Revisor geprüft (Art. 728a, 728b revOR). Auch sind im Anhang Angaben über die Durchführung einer Risikobeurteilung zu publizieren (Art. 663b revOR). Das Enterprise-Risk-Management-Framework von COSO (COSO ERM) kann als Führungsinstrument helfen, wichtige Chancen und Risiken zu erkennen...

  9. Establishing knowledge management for competitive advantage in an enterprise

    OpenAIRE

    2012-01-01

    M.Inf. Enterprises are becoming more dependent on people than ever before and in the twenty first century, an enterprise's survival and success will highly depend on the ability to manage knowledge as a source for competitive advantage. This study is concerned with the establishment of a knowledge management program that will ensure sustainable competitive advantage within the enterprise. The main problem under investigation is to assess the importance of knowledge management within an ent...

  10. Enterprise risk management in international construction operations

    CERN Document Server

    Zhao, Xianbo; Low, Sui Pheng

    2015-01-01

    This book provides readers an understanding of the implementation of Enterprise Risk Management (ERM) for international construction operations. In an extended case study, it primarily focuses on Chinese construction firms (CCFs) based in Singapore. In this regard, the book explains the differences and similarities between Risk Management (RM), Project Risk Management (PRM) and ERM in the construction industry, and examines their linkages for international construction operations in a broader context. The explanation elaborates on how companies may adopt and implement RM, PRM and ERM as appropriate in their various operations, both in their home market as well as in overseas host markets. The book also reviews the whole spectrum of work relating to organizational behavior (OB) as one of the key underpinnings for companies to evaluate and implement ERM. It will benefit practitioners from the industry as well as academics interested in the implementation of ERM practices in international construction operat...

  11. Enterprise Resource Planning, Operations and Management

    DEFF Research Database (Denmark)

    Hald, Kim Sundtoft; Mouritsen, Jan

    2013-01-01

    Purpose – This research aims to explore the enabling and constraining effects of enterprise resource planning (ERP) systems and speculate on how these can be linked to the four generic roles of operations management (OM) proposed by Slack et al. Design/methodology/approach – This research...... are linked conceptually. Based on the identified effects of ERP, the paper speculates on the managerial tasks of the production and operations manager (POM) in an ERP environment and lists a set of central concerns of potential relevance to POM and to future research. Research limitations...... for practicing POMs in managing the implementation and design of ERP to support the different domains of OM. Originality/value – Current studies of the effects of ERP and their link to the practice of OM tend to focus on one or a few roles of the emerging system. Such studies do not properly take into account...

  12. TELAAH ENTERPRISE RISK MANAGEMENT MELALUI CORPORATE GOVERNANCE DAN KONSENTRASI KEPEMILIKAN

    Directory of Open Access Journals (Sweden)

    Daniel T H Manurung

    2016-12-01

    Full Text Available Abstract: Assessing Enterprise Risk Management through Corporate Governance and Ownership Concentration. The purpose of this research is to determine the influence of corporate governance and concentrated of ownership with enterprise risk management. This research uses multiple regression analysis as a testing tool. The sample that is used in this study is 50 manufacturing companies which is listed in the Indonesia Stock Exchange. The year that is used as the basis of sampling is 2013-2014. The result of this reseacrh is a significant effect on corporate governance in Enterprise risk management. While, variable of concentration of ownership has no significant influence in enterprise risk management.

  13. Is strategic asset management applicable to small and medium utilities?

    Science.gov (United States)

    Alegre, Helena

    2010-01-01

    Urban water infrastructures provide essential services to modern societies and represent a major portion of the value of municipal physical assets. Managing these assets rationally is therefore fundamental for the sustainability of the services and to the economy of societies. "Asset Management" (AM) is a modern term for an old practice--assets have always been managed. In recent years, significant evolution occurred in terms of the AM formal approaches, of the monitoring and decision support tools and of the implementation success cases. However, most tools developed are too sophisticated and data seek for small utilities. The European R&D network COST Action C18 ( E-mail: www.costc18.org) identified key research problems related to the management of urban water infrastructures, currently not covered by on-going projects of the European Framework Program. The top 1 topic is "Efficient management of small community". This paper addresses challenges and opportunities for small and medium utilities with regard to infrastructure AM (IAM). To put this into context, the first sections discuss the need for IAM, highlight key recent developments, and present IAM drivers, as well as research and development gaps, priorities and products needed.

  14. 77 FR 67029 - Arden Investment Series Trust and Arden Asset Management LLC; Notice of Application

    Science.gov (United States)

    2012-11-08

    ... Investment Series Trust and Arden Asset Management LLC; Notice of Application November 2, 2012. AGENCY... disclosure requirements. Applicants: Arden Investment Series Trust (the ``Trust'') and Arden Asset Management... Company Regulation, Division of Investment Management). SUPPLEMENTARY INFORMATION: The following is a...

  15. 75 FR 47318 - GE Asset Management Incorporated and GE Investment Distributors, Inc.; Notice of Application and...

    Science.gov (United States)

    2010-08-05

    ...] GE Asset Management Incorporated and GE Investment Distributors, Inc.; Notice of Application and.... Applicants: GE Asset Management Incorporated (``GEAM'') and GE Investment Distributors, Inc. (``GEID... of Investment Management, Office of Investment Company Regulation). SUPPLEMENTARY INFORMATION: The...

  16. MANAGEMENT SYSTEM OF KNOWLEDGE WORKERS IN THE CONTEMPORARY ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Michał Igielski

    2016-12-01

    Full Text Available Changes in the twenty-first century are faster and appear unexpectedly. They are not always necessary for the smooth functioning of the company. This is the domain of globalization, where new events - opportunities or threats are challenging the viability against which the questions are now all companies. More and more depends on the intangible assets of the undertaking, its strategic potential. Therefore Przedsiębiorsto creates and develops skills which then turns on competence. It is ond become the basis for competitiveness. The main determinant in this process is not only optimal, but the skillful management of intellectual capital. Its importance in recent years is constantly increasing, and the success of the market determines the joint commitment of all organizational units. Certain types of work require to the larger amount of knowledge, experience and independent thinking, and custom than others. For all employers, it is important to recognize these differences and create a new management principles ketegorią professionals who have knowledge useful for the enterprise - are knowledge workers. Therefore, the purpose of this article is an attempt to show management knowledge workers in modern companies, based on tests carried out in the years 2013 - 2015, in 100 large companies operating in the Baltic Sea Region

  17. A Case Study of Risk Informed Asset Management (RIAM) for Nuclear Power Plant

    International Nuclear Information System (INIS)

    Lee, Gyoung Cheol; Jeong, Yong Hoon; Chang, Soon Heung; Chung, Dae Wook

    2006-01-01

    Recently, the concern for Nuclear Asset Management (NAM) is increasing in nuclear industry. Asset Management is management of the financial assets of a company in order to maximize return. However, asset management in the nuclear industry is needed for coincidental consideration of nuclear safety and risk. Over fast several years, efforts for development of safety concerned and financial asset maximizing method, process and tools have been continued internationally. Risk Informed Asset Management (RIAM) is a methodology, process, and (eventually) software tool by which analyst review historical performance and develop predictive logic models and data analyses to provide plant manager and company decision-makers critical quantitative performance indicators

  18. Efficiency of Working Capital Management in the System of Financial Safety of Trade Enterprises

    Directory of Open Access Journals (Sweden)

    Krutova Anzhelika S.

    2016-08-01

    Full Text Available The article investigates theoretical and methodological and practical aspects of managing the financial security of enterprises of wholesale and retail trade in Ukraine, summarizes the scientific approaches to assessing enterprise financial security. There justified the influence of the level of efficiency of working capital management on improving the indicators of profitability of financial and economic activity, business activity; increasing financial sustainability and stability of development; ensuring an acceptable level of financial safety of trade enterprises. The main results of financial and economic activities of Ukrainian trade enterprises for the period 2010-2015 that influenced the level of their financial security are analyzed, the negative trends in the dynamics of receiving net profit, low profitability of sales and unprofitableness of using the current assets are highlighted. There revealed a significant disproportion in the structure of capital formation sources, high deficit of own financial resources, trend of financing the current assets entirely from borrowed funds, rapid growth of the level of credit interest rates. There performed an estimation of indicators of financial sustainability by means of the coefficient and aggregate approaches, which indicated the unstable and crisis financial condition of the majority of enterprises of wholesale and retail trade in Ukraine. There determined reserves of increasing financial security with the identification of the key components in the subsystems of financial security, criteria and indicators for an objective assessment of the financial status, taking into account the influence of the external environment, which will allow making sound management decisions regarding the analysis, prevention and neutralization of real and potential threats to trade enterprises.

  19. Customer relationship management implementation in the small and medium enterprise

    Science.gov (United States)

    Nugroho, Agus; Suharmanto, Agus; Masugino

    2018-03-01

    To win the global competition and sustain the business, small and medium enterprise shall implement a reliable information technology application to support their customer data base, production and sales as well as marketing management. This paper addresses the implementation of Customer Relationship Management (CRM) in small and medium enterprise, CV. Densuko Jaya. It is a small and medium enterprises in Semarang, Central Java, Republic of Indonesia deal with rubber processing industry supply chain. ADDIE model utilized in study to setup the CRM functionality at these enterprises. The aim of the authors is to present the benefits resulting from the application of CRM technologies at these enterprises to solve their chronicle issues in the field of integrated customer data base, production management process and sales automation in order to boost their business in the near future. Training and coaching have been delivered to the enterprises staffs and management to ensure that they can execute the system.

  20. CSIR’s advocacy and support of infrastructure asset management

    CSIR Research Space (South Africa)

    Wall, K

    2008-11-01

    Full Text Available That increasing attention is being paid to infrastructure asset management (IAM) is timely, and owes something to the work of the CSIR in discovering and documenting the state of infrastructure, and in leading specific aspects of the process...

  1. Framework, process and tool for managing technology-based assets

    CSIR Research Space (South Africa)

    Kfir, R

    2000-10-01

    Full Text Available ) and the intellectual property (IP) of the organisation, The study describes a framework linking the core processes supporting the management of technology-based assets and offerings with other organisational elements such as leadership, strategy, and culture. Specific...

  2. An Update on Asset Management Plans in the United Kingdom.

    Science.gov (United States)

    Patel, Mukund

    1999-01-01

    Describes a current project in the United Kingdom designed to improve school buildings. The use of Asset Management Plans (AMPs) in providing the means through which likely future needs are assessed, criteria for prioritization are set, and informed decisions on local spending are made are examined. (GR)

  3. Choosing a Digital Asset Management System That's Right for You

    Science.gov (United States)

    Kaplan, Deborah

    2009-01-01

    Planning is necessary in selecting the appropriate digital asset management system for your institution. Key issues one should consider in planning: the objects to be stored, where they come from, and how they will be accessed; the end users; and the needed staffing levels for system maintenance. During the development of the system requirements,…

  4. Knowledge Assets Management and the Librarians' Roles in ...

    African Journals Online (AJOL)

    The paper examined how the issues of knowledge assets management feature in modern academic librarianship, and the roles librarians play as drivers of education and nation building in Nigeria, using the new milieu of Information Communication Technology (ICT). A descriptive survey design was adopted for the study.

  5. Asset Management Plans, Appraisal Guidance for 2003-04.

    Science.gov (United States)

    Department for Education and Skills, London (England).

    This document is one in a series which aims to assist Local Authorities in Britain with asset management planning (AMPs) for schools. AMPs set out the information needed, and the criteria used, to make decisions about spending on school premises. The document provides guidance on the appraisal of school AMPs in 2002 to inform 3-year formulaic…

  6. Essays on Market Microstructure, Behavioral Finance, and Asset Management

    Science.gov (United States)

    Jochec, Marek

    2009-01-01

    This is a study on various aspects of market microstructure, behavioral finance and asset management. In the first chapter we put the PIN variable (Probability of Information-based trading) to test. The PIN variable has been used extensively in the microstructure literature despite the fact that its construction is based on rather strong…

  7. Crisis Management- Operational Logistics & Asset Visibility Technologies

    National Research Council Canada - National Science Library

    Braunbeck, Richard A; Mastria, Michael F

    2006-01-01

    The purpose of this MBA Project was to identify and explore logistical frameworks that leverage technology to overcome problems associated with coordinated logistics operations during crisis management...

  8. Viral Management as a New Type of Enterprise Management in Coal Industry

    Science.gov (United States)

    Garafonova, Olga; Grigashkina, Svetlana; Zhosan, Anna

    2017-11-01

    The article considers the evolution of the concept of "management". The Internet analysis of the concept of "viral management" was conducted, the results of which testify to the positive trend, the growing interest in scientific circles, the relevance of the chosen direction for further research and the increasing popularity of the viral management among business leaders. The indices of coal and brown coal extraction in Ukraine and Russia for 2010-2016 are analyzed. Among the problems that exist in the coal industry are the following: mine assets have a high degree of deterioration; the equipment is rather obsolete and does not correspond to the world level; among the existing face equipment, the specific weight of longwall mining equipment, road headers, loading machines, and belt conveyors of the new generation is only several percent. Five steps of introduction of the virus management at the enterprise are identified: opening, development, participation, diffusion, sustainability. The principles of introduction of the viral management in the enterprises of the coal industry are offered. It is established that the main idea of the viral management is to "infect" the organization and, mainly, employees with one or another "virus" in the form of a common idea or goal. It is indicated that the viral management assumes a certain automaticity of changes, internal "obsession" with this or other innovation, involvement of an informal personal factor.

  9. Asset management for infrastructure systems energy and water

    CERN Document Server

    Balzer, Gerd

    2015-01-01

    The book offers a broad overview of asset management processes for different utilities, with a special emphasis on energy and water. It provides readers with important practical considerations concerning the development of new competitive structures and procedures for guaranteeing a sufficient supply of energy and water in a regulated environment, using clearly defined technical and economic cornerstones. On the one hand asset owners expect suitable interests from their investment and business growth; on the other hand regulators focus more on a reliable and cost-effective customer supply. Thi

  10. THE ORGANIZATION OF MANAGEMENT ACCOUNTING AT SMALL ENTERPRISES IN UKRAINE

    OpenAIRE

    Nadiya Khocha

    2017-01-01

    The purpose of the research is to study the organization of managerial accounting in Ukrainian small enterprises. Methodology. The survey of management accounting is conducted by an interview with the manager/ chief accountant/financial director of small enterprises, or by sending the questionnaires to these persons via the e-mail. The sample of study includes fifty-five small enterprises of the Lviv region in different types of activities and forms of ownership. Results. Analysis of theoreti...

  11. SECI model and facilitation in change management in metallurgical enterprise

    Directory of Open Access Journals (Sweden)

    K. Grzybowska

    2013-04-01

    Full Text Available Organisational change management is not efficient without gaining and sharing knowledge by the members of the enterprise. Both in the conditions of relative organisational stability and in organisational chaos resulting from dynamic introduction and management of changes there is a constant need of improvement and of shaping competences and distribution of knowledge in the enterprise. The publication presents key programs of building knowledge conducted in a metallurgical enterprise.

  12. Nuclear power plant Angra integrated enterprise management system

    International Nuclear Information System (INIS)

    Andrade, Ronaldo Barata de

    2009-01-01

    The characteristics and peculiarities of the Nuclear Power Plant ANGRA 3 enterprise, amongst which its technical complexity, the size of the project and of the supplies of goods and services contracted for for the Brazilian and foreign scopes, the variety of contractors and participants involved in the implementation, associated with the need of integrated management of all the activities of the enterprise, requires the setting of standardized criteria and procedures to be adopted by the enterprise Project Management Team and by all involved ELETRONUCLEAR (ETN) Units, Suppliers and Contractors for Brazilian and foreign goods and services for the execution of the activities related to overall enterprise planning. These criteria and procedures aim at covering the five Project Management Process Groups: Initiating Process Group, Planning Process Group, Execution Process Group, Monitoring and Controlling Process Group and Closing Process Group. For the ANGRA 3 enterprise, ETN developed the Integrated Enterprise Management System - INTEGRA, being the software 'Primavera Enterprise Project Management' a fundamental part of this system. The aim of this paper is to describe the main concepts involving the ANGRA 3 enterprise management, and the integration between the processes, including all disciplines in all phases of the enterprise life cycle, such as: Nuclear and Environmental Licensing, Infrastructure, National and Foreign Engineering, National and Import Supplies, Civil Works, Electromechanical Erection, Commissioning. (author)

  13. Incentive structures in institutional asset management and their implications for financial markets

    OpenAIRE

    Bank for International Settlements

    2003-01-01

    Executive summary The institutional asset management industry has become an important feature of modern financial markets, with the scale of this business's importance readily apparent from the size of assets under management by different types of institutional asset managers. With asset management involving a delegation process, shaping appropriate incentive structures is essential for aligning the incentives of owners of funds with those of the institutional managers of these funds. Further...

  14. Processing Risk In Asset Management : Exploring The Boundaries Of Risk Based Optimization Under Uncertainty For An Energy Infrastructure Asset Manager

    NARCIS (Netherlands)

    Wijnia, Y.C.

    2016-01-01

    In the liberalized energy market Distribution Network Operators (DNOs) are confronted with income reductions by the regulator. The common response to this challenge is the implementation of asset management, which can be regarded as systematically applying Cost Benefit Analysis (CBA) to the risks in

  15. Sustainable construction building performance simulation and asset and maintenance management

    CERN Document Server

    2016-01-01

    This book presents a collection of recent research works that highlight best practice solutions, case studies and practical advice on the implementation of sustainable construction techniques. It includes a set of new developments in the field of building performance simulation, building sustainability assessment, sustainable management, asset and maintenance management and service-life prediction. Accordingly, the book will appeal to a broad readership of professionals, scientists, students, practitioners, lecturers and other interested parties.

  16. Management and Engineering of Virtual Enterprises

    DEFF Research Database (Denmark)

    Tølle, Martin

    ) Component layer: consists of reusable components and modules. - Each layer builds on the previous one, i.e. the VE concept is captured in VERA, and the VERA can be used to structure each of the VERAM components. * C) A methodology for virtual enterprise named VEM (Virtual Enterprise Methodology) - One...... to the set up of virtual enterprises. Types of work preparation include definitions (e.g. shared terminology), ICT support (e.g. infrastructure and applications), procedures (e.g. how to set up virtual enterprises, partner selection), reference models (e.g. contract models and product structure) and the like....... * B) A framework and a reference architecture for virtual enterprises named VERAM (Virtual Enterprise Reference Architecture and Methodology) and VERA (Virtual Enterprise Reference Architecture) respectively. - VERAM is a framework that structures the body of knowledge related to preparation, set up...

  17. Learning Agents for Autonomous Space Asset Management (LAASAM)

    Science.gov (United States)

    Scally, L.; Bonato, M.; Crowder, J.

    2011-09-01

    Current and future space systems will continue to grow in complexity and capabilities, creating a formidable challenge to monitor, maintain, and utilize these systems and manage their growing network of space and related ground-based assets. Integrated System Health Management (ISHM), and in particular, Condition-Based System Health Management (CBHM), is the ability to manage and maintain a system using dynamic real-time data to prioritize, optimize, maintain, and allocate resources. CBHM entails the maintenance of systems and equipment based on an assessment of current and projected conditions (situational and health related conditions). A complete, modern CBHM system comprises a number of functional capabilities: sensing and data acquisition; signal processing; conditioning and health assessment; diagnostics and prognostics; and decision reasoning. In addition, an intelligent Human System Interface (HSI) is required to provide the user/analyst with relevant context-sensitive information, the system condition, and its effect on overall situational awareness of space (and related) assets. Colorado Engineering, Inc. (CEI) and Raytheon are investigating and designing an Intelligent Information Agent Architecture that will provide a complete range of CBHM and HSI functionality from data collection through recommendations for specific actions. The research leverages CEI’s expertise with provisioning management network architectures and Raytheon’s extensive experience with learning agents to define a system to autonomously manage a complex network of current and future space-based assets to optimize their utilization.

  18. APPLICATION OF PROJECT MANAGEMENT APPROACHES AT A SMALL BUSINESSES ENTERPRISES

    OpenAIRE

    Sergey V. Rajewski

    2016-01-01

    This article discusses the types of organizational structures of project management and their application in project management in small and medium-sized enterprises. Among the approaches and methods to organize projects emphasizing project management as part of the existing functional structure of the enterprise. Analyzed the most relevant organizational tools of project management in small business: a network schedule; matrix distribution of administrative and management tasks of the projec...

  19. A nuclear power enterprise debt management system construction Based on Sanmen Nuclear Power Co., LTD, debt risk management case analysis

    International Nuclear Information System (INIS)

    Wu Yan; Liu Shuqing

    2010-01-01

    Building nuclear power enterprises need huge investment , often tens of billions RMB. How to do a good job in corporate debt risk management, becoming powerful large-scale development of nuclear power ,ensuring the supply of funds and existing debt service in the process of large-scale development of nuclear power ,is an important task. In this paper, managing the company's debt is very urgent and necessary through analysis of SMNPC financing and debt structure; through the analysis of SMNPC's debt risk management , the authors would like to explore how to build up the framework of the debt management under the large-scale development of nuclear power construction . Nuclear power enterprises need to strengthen supervision mechanism and internal control,build-up and perfect all-round debt risk manage system, keep watch on debt risk in order to ensure preservation and increment of the value of state assets. (authors)

  20. An Agile Enterprise Regulation Architecture for Health Information Security Management

    Science.gov (United States)

    Chen, Ying-Pei; Hsieh, Sung-Huai; Chien, Tsan-Nan; Chen, Heng-Shuen; Luh, Jer-Junn; Lai, Jin-Shin; Lai, Feipei; Chen, Sao-Jie

    2010-01-01

    Abstract Information security management for healthcare enterprises is complex as well as mission critical. Information technology requests from clinical users are of such urgency that the information office should do its best to achieve as many user requests as possible at a high service level using swift security policies. This research proposes the Agile Enterprise Regulation Architecture (AERA) of information security management for healthcare enterprises to implement as part of the electronic health record process. Survey outcomes and evidential experiences from a sample of medical center users proved that AERA encourages the information officials and enterprise administrators to overcome the challenges faced within an electronically equipped hospital. PMID:20815748

  1. An agile enterprise regulation architecture for health information security management.

    Science.gov (United States)

    Chen, Ying-Pei; Hsieh, Sung-Huai; Cheng, Po-Hsun; Chien, Tsan-Nan; Chen, Heng-Shuen; Luh, Jer-Junn; Lai, Jin-Shin; Lai, Feipei; Chen, Sao-Jie

    2010-09-01

    Information security management for healthcare enterprises is complex as well as mission critical. Information technology requests from clinical users are of such urgency that the information office should do its best to achieve as many user requests as possible at a high service level using swift security policies. This research proposes the Agile Enterprise Regulation Architecture (AERA) of information security management for healthcare enterprises to implement as part of the electronic health record process. Survey outcomes and evidential experiences from a sample of medical center users proved that AERA encourages the information officials and enterprise administrators to overcome the challenges faced within an electronically equipped hospital.

  2. Comprehensive transportation asset management : risk-based inventory expansion and data needs.

    Science.gov (United States)

    2011-12-01

    Several agencies are applying asset management principles as a business tool and paradigm to help them define goals and prioritize agency resources in decision making. Previously, transportation asset management (TAM) has focused more on big ticke...

  3. FEATURES OF CRISIS MANAGEMENT IN ENTERPRISES

    Directory of Open Access Journals (Sweden)

    K. D. Busygin

    2014-01-01

    Full Text Available The article considers the value of preventive management in modern conditions. The global fi nancial and economic crisis of 2008-2010. sharpened interest in the problems of crisis management. This interest is manifested at the level of individual businesses, and at the level of the economy as a whole. At the same time revealed a signifi cant drawback: the development of crisis management theory lags behind practice. Non-compliance of the existing theory to modern requirements leads to the fact that the known approaches are not based on theoretical positions and empirical evidence and best practices, and, consequently, do not diff er systematically, because of this requires further research in this direction. The analysis shows that crisis management is a complex control system, which has its own specifi c features. Feature development solutions in crisis situations caused by the fact that they can only wear improving change with the obligatory account the limiting parameters of sustainable livelihoods enterprise (structure funds, personnel, activity profi le, the main products, and others.

  4. Virtual Enterprise Risk Management Using Artificial Intelligence

    Directory of Open Access Journals (Sweden)

    Hanning Chen

    2010-01-01

    Full Text Available Virtual enterprise (VE has to manage its risk effectively in order to guarantee the profit. However, restricting the risk in a VE to the acceptable level is considered difficult due to the agility and diversity of its distributed characteristics. First, in this paper, an optimization model for VE risk management based on distributed decision making model is introduced. This optimization model has two levels, namely, the top model and the base model, which describe the decision processes of the owner and the partners of the VE, respectively. In order to solve the proposed model effectively, this work then applies two powerful artificial intelligence optimization techniques known as evolutionary algorithms (EA and swarm intelligence (SI. Experiments present comparative studies on the VE risk management problem for one EA and three state-of-the-art SI algorithms. All of the algorithms are evaluated against a test scenario, in which the VE is constructed by one owner and different partners. The simulation results show that the PS2O algorithm, which is a recently developed SI paradigm simulating symbiotic coevolution behavior in nature, obtains the superior solution for VE risk management problem than the other algorithms in terms of optimization accuracy and computation robustness.

  5. 'Enterprise risk management' essential for survival and sustainable development of micro, small and medium enterprises

    OpenAIRE

    Agrawal Reena

    2016-01-01

    The part that Micro, Small and Medium Enterprises (MSMEs) play, both in developed and developing countries, cannot be over emphasized and therefore their existence and survival is a matter of concern not only for the policy makers but also for the researchers. Large number of MSMEs die the same year that they are established. The current research was taken up to understand how MSMEs manage their risk and whether enterprise risk management is essential for survival and sustainable development ...

  6. Enterprise Risk Management: The Way Ahead for DRDC within the DND Enterprise

    Science.gov (United States)

    2010-03-01

    Management – Integrated Framework, COSO Executive Summary, Sept 2004 2. Institute of Risk Management (IRM) Risk Management Standard, 2002 3...... Risk Management The Way Ahead for DRDC within the DND Enterprise R.G. Dickinson Dr. B.W. Taylor DRDC CORA Defence R&D Canada – CORA

  7. Asset management -- Integrated software optimizes production performance

    International Nuclear Information System (INIS)

    Polczer, S.

    1998-01-01

    Developments in data collection and retrieval systems to allow timely cost analysis, financial reporting and production management are discussed. One of the most important new OLAP (on-line analytical processing) products is Energy Warehouse which gathers field information from various sources, allows advanced searches, and generates reports previously unavailable in other conventional financial accounting systems. Another OLAP-based system, the Canadian Upstream Energy System (CUES), was developed by the Oracle Corporation and the Calgary-based Applied Terravision Systems (ATS) Inc. CUES combines Oracle's universal data server software development tools with ATS's upstream financial, land, geotechnical and production applications. ATS also developed a product called IDPMARS (Integrated Daily Production Management Accounting Reporting System). It interfaces with CUES to link working interests, government royalties, administration, facility charges, lifting costs, transportation tooling, and customers by integrating field data collection systems with financial accounting

  8. Asset management -- Integrated software optimizes production performance

    Energy Technology Data Exchange (ETDEWEB)

    Polczer, S.

    1998-10-01

    Developments in data collection and retrieval systems to allow timely cost analysis, financial reporting and production management are discussed. One of the most important new OLAP (on-line analytical processing) products is Energy Warehouse which gathers field information from various sources, allows advanced searches, and generates reports previously unavailable in other conventional financial accounting systems. Another OLAP-based system, the Canadian Upstream Energy System (CUES), was developed by the Oracle Corporation and the Calgary-based Applied Terravision Systems (ATS) Inc. CUES combines Oracle`s universal data server software development tools with ATS`s upstream financial, land, geotechnical and production applications. ATS also developed a product called IDPMARS (Integrated Daily Production Management Accounting Reporting System). It interfaces with CUES to link working interests, government royalties, administration, facility charges, lifting costs, transportation tooling, and customers by integrating field data collection systems with financial accounting.

  9. Modern Methods for Cost Management in Construction Enterprises

    Directory of Open Access Journals (Sweden)

    Mesároš Peter

    2015-06-01

    Full Text Available Cost management should be seen as an essential function of enterprises which perform their activities in current market environment. One of the main factors affecting the level of achieved profit and favourable market position is cost structure. The company's ability to obtain necessary and reliable information on their own cost, subsequent processing and effective cost management is crucial for achieving success. This study focuses on cost management and the use of modern methods of cost management in construction enterprises. The aim of this paper is to identify approaches to cost management in Slovak construction enterprises, based on own empirical research.

  10. Viral Management as a New Type of Enterprise Management in Coal Industry

    Directory of Open Access Journals (Sweden)

    Garafonova Olga

    2017-01-01

    Full Text Available The article considers the evolution of the concept of “management”. The Internet analysis of the concept of “viral management” was conducted, the results of which testify to the positive trend, the growing interest in scientific circles, the relevance of the chosen direction for further research and the increasing popularity of the viral management among business leaders. The indices of coal and brown coal extraction in Ukraine and Russia for 2010-2016 are analyzed. Among the problems that exist in the coal industry are the following: mine assets have a high degree of deterioration; the equipment is rather obsolete and does not correspond to the world level; among the existing face equipment, the specific weight of longwall mining equipment, road headers, loading machines, and belt conveyors of the new generation is only several percent. Five steps of introduction of the virus management at the enterprise are identified: opening, development, participation, diffusion, sustainability. The principles of introduction of the viral management in the enterprises of the coal industry are offered. It is established that the main idea of the viral management is to “infect” the organization and, mainly, employees with one or another “virus” in the form of a common idea or goal. It is indicated that the viral management assumes a certain automaticity of changes, internal “obsession” with this or other innovation, involvement of an informal personal factor.

  11. Setting priorities for the proactive management of longterm challenges and opportunities in Asset Life Cycle Management

    NARCIS (Netherlands)

    Ruitenburg, Richard Jacob; Braaksma, Anne Johannes Jan; van Diepen, T.

    2016-01-01

    Asset Life Cycle Management concerns the effective management of physical assets over their complete lifetimes, typically lasting decades. Therefore, a large number and a wide variety of challenges and opportunities may need to be dealt with proactively, using limited resources. Therefore, we

  12. Suggestion for a Framework for a Sustainable Infrastructure Asset Management Manual in Korea

    OpenAIRE

    Lee, Sang-Ho; Park, Sanghoon; Kim, Jong

    2015-01-01

    This study proposes a framework for an infrastructure asset management manual containing infrastructure asset management processes and operation techniques, which can be adjusted by different ordering authorities to develop their own manuals. The following conclusions were drawn in this study. First, the justification for implementation of asset management was examined through analysis of changes and status of asset management in domestic infrastructure, and the current status and insufficien...

  13. Assessment and management of building enterprise development potential

    Directory of Open Access Journals (Sweden)

    Елена Игоревна Угодникова

    2015-11-01

    Full Text Available The article is devoted to the development of the generalized integrated criterion of the evaluation of building enterprise development potential. The developed indicator is based on the potential structuring, accounting weighting factors of each structural elements and the possibility of building enterprise capital raising. The algorithm of the potential evaluation and the scheme of the management of building enterprise development potential with accounting future possibilities and hidden resources of business entities are proposed

  14. Projected oriented organizations as development of enterprise management methods

    Directory of Open Access Journals (Sweden)

    S.I. Pavlova

    2016-12-01

    Full Text Available Dynamic external environment, significant shortage of product life cycle, increase of product technological difficulty, extension of innovative knowledge motivates managers to look for and use in their activities keys that will provide constant, stable development of organizational structures. The methodology of project enterprise management meets the requirements of «preservation through development». The articles researches the integration of methods and procedures of project management into the enterprise management system. Project management philosophy is the efficient way of existence in the competitive environment and the means for internal development of a company. The author conducts an analysis, determines the essence and peculiarities of a project-oriented enterprise, performs comparing characteristics of functional and project management, describes the stages of gradual transformation of an enterprise organizational structure into a project-oriented one. It is defined that a project-oriented enterprise is that one which functions on the base of innovative development and are scientific, creative and widely use the project activity as the means of a steady development. The article describes internal and external instruments of project management, base knowledge systems on project management and possibilities of enterprises on audit of state of system project management in an enterprise according to the IPMA certification program on the territory of Ukraine.

  15. 'Enterprise risk management' essential for survival and sustainable development of micro, small and medium enterprises

    Directory of Open Access Journals (Sweden)

    Agrawal Reena

    2016-01-01

    Full Text Available The part that Micro, Small and Medium Enterprises (MSMEs play, both in developed and developing countries, cannot be over emphasized and therefore their existence and survival is a matter of concern not only for the policy makers but also for the researchers. Large number of MSMEs die the same year that they are established. The current research was taken up to understand how MSMEs manage their risk and whether enterprise risk management is essential for survival and sustainable development of MSMEs. The objective of the research was to (1 understand the peculiar nature of the MSMEs which make them vulnerable, (2 explore the various risks confronted by MSMEs, (3 understand how the MSMEs manage their risk, (4 understand 'Enterprise Risk Management' and its components and (5 explore the relevance of 'Enterprise Risk Management' for the survival and sustainable development of MSMEs. The results show that MSMEs by virtue of their size, inadequate resources and restricted know-how generally confront wide-ranging risks. In MSMEs the management of risk is concentrated in the hands of the owner-managers and there are no systemic linkages between the planning and risk management. Therefore, this study stresses the need for integrating an effective enterprise risk management system with planning and administration within the MSMEs, to avoid fatal consequences.

  16. 75 FR 43197 - Public Housing Assessment System (PHAS): Asset Management Transition Year 2 Extension

    Science.gov (United States)

    2010-07-23

    ... System (PHAS): Asset Management Transition Year 2 Extension AGENCY: Office of the Assistant Secretary for...): Asset Management Transition Year 2 Information (75 FR 1632), dated January 12, 2010, for PHAs with... Assessment System (PHAS): Asset Management Transition Year Information and Uniform Financial Reporting...

  17. Implementing and certifying a state of the art asset management approach - practical experiences

    NARCIS (Netherlands)

    Slootweg, J.G.; Clemens, G.J.M.B.

    2007-01-01

    Subject of the paper is the implementation of the Asset Management concept into the organization of Essent Netwerk First, the drivers for and essentials of the Asset Management concept are introduced. Then, the organization of Essent Netwerk’s Asset Management department is described. Finally, the

  18. Fundamentals of asset management in an ageing nuclear power station

    International Nuclear Information System (INIS)

    Crook, B.

    2014-01-01

    In an ageing nuclear power station there are many challenges associated with implementing and refining an asset management program. Ageing nuclear power stations are faced with the formidable task of replacing and refurbishing major Structures, Systems, and Components (SSCs) in a managed and cost-effective way. This paper provides a brief background on equipment reliability and asset management, covers Bruce Power's methodology for implementing this complex and all-encompassing program, and describes one of the key challenges faced by Bruce Power and the industry. The effective scoping and identification of critical components is an on-going challenge which can affect the integrity of many processes built upon it. This is a fundamental building block to nearly all processes at Bruce Power and one that is at the centre of many improvement initiatives and projects. The consequences from lacking this baseline data, or worse relying upon incorrect data, can permeate the asset management process and hinder the organization's ability to assess risk properly and take the necessary steps to mitigate this risk in the short and long term. (author)

  19. Integrated Assessment of the Policy of Working Capital Management in Housing and Utilities Enterprises

    Directory of Open Access Journals (Sweden)

    Vladimir Petrovich Poluyanov

    2017-06-01

    Full Text Available The article describes the approaches to the management of current assets in the enterprises of various industries in economic literature. We discuss theoretical, methodological and applied issues concerning the formation and improvement of the working capital management policy in utility companies, which require further study. The authors propose to assess the policy of working capital management in these enterprises by means of the integrated approach based on the system of reasoned indicators defining the type of working capital management policy. It includes indicators characterizing the policy of working capital management, management of the liquidity of working capital and the policy of financing sources management. The indicators which define the type of the policy of working capital management have been chosen as the most influential for each vector of the improvement of management policy. The range of values is set taking into account the current market conditions for the housing and utilities companies based on theoretical standard values adapted to modern situation. The paper proposes to use an integrated indicator for the evaluation of the policy of working capital management in housing and utilities enterprises. We have substantiated the technique of the integrated assessment of the policy of working capital management in housing and utilities companies. As an example of the application of this indicator, we defined the type of the policy of working capital management in Rostovvodokanal Company. The initial data for the calculation of integrated indicators are the official data on the structure of the balance and financial results of Rostovvodokanal Company during the period from 2012 to 2016. At the Rostovvodokanal Company, it is necessary to bring the type of the policy of working capital management and sources of its financing closer to moderate or conservative type. The authors have substantiated the optimal type of policy of

  20. The problems of accountable and analytical procuring of enterprise management

    Directory of Open Access Journals (Sweden)

    Kovalova Tatiana Volodymyrivna

    2016-02-01

    Full Text Available This article investigated main aspects of accountable and analytical procuring of enterprise management. It was found essence of accountable and analytical procuring of enterprise management, purpose, functions and tasks. It was determined main elements and essence of accountable and analytical information taking into consideration needs of modern management. In the article are exposed structural elements of accountable and analytical procuring. It was formed conceptual approaches of building accountable and analytical procuring of enterprise management. It was analyzed main problems of improving accountable and analytical informational procuring of taking managerial decisions with the aim of solving economic problems due to current situation of national economy.

  1. A model for efficient management of electrical assets

    International Nuclear Information System (INIS)

    Alonso Guerreiro, A.

    2008-01-01

    At the same time that energy demand grows faster than the investments in electrical installations, the older capacity is reaching the end of its useful life. The need of running all those capacity without interruptions and an efficient maintenance of its assets, are the two current key points for power generation, transmission and distribution systems. This paper tries to show the reader a model of management which makes possible an effective management of assets with a strict control cost, and which includes those key points, centred at predictive techniques, involving all the departments of the organization and which goes further on considering the maintenance like a simple reparation or substitution of broken down units. Therefore, it becomes precise a model with three basic lines: supply guarantee, quality service and competitively, in order to allow the companies to reach the current demands which characterize the power supply. (Author) 5 refs

  2. A modelling approach for railway overhead line equipment asset management

    OpenAIRE

    Kilsby, Paul; Remenyte-Prescott, Rasa; Andrews, John

    2017-01-01

    The Overhead Line Equipment (OLE) is a critical sub-system of the 25kV AC overhead railway electrification system. If OLE asset management strategies can be evaluated using a whole lifecycle cost analysis that considers degradation processes and maintenance activities of the OLE components, the investment required to deliver the level of performance desired by railway customers and regulators can be based on evidence from the analysis results. A High Level Petri Net (HLPN) model, proposed in ...

  3. Does Culture Influence Asset Managers? Views and Behavior?

    OpenAIRE

    Beckmann, Daniela; Menkhoff, Lukas

    2007-01-01

    This research enters new ground by presenting comparative survey evidence on asset managers' views and behavior in the United States, Germany, Japan and Thailand. Relying on Hofstede's four cultural dimensions, we find that cultural differences are most helpful in understanding country differences which cannot be explained by pure economic reasoning. In short, controlling for various determinants, the dimension of more Individualism predicts less herding behavior, more Power Distance leads to...

  4. METHODICAL APPROACHES TO THE COST MANAGEMENT OF INDUSTRIAL ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Trunina Iryna

    2018-03-01

    Full Text Available Introduction. The paper deals with the actual issues of managing the costs of industrial enterprises, because in the conditions of an unstable market environment the financial performance depends on the efficiency of the cost management system, competitiveness, financial sustainability and investment attractiveness of any subject of economic activity. Purpose of the article is analys is of approaches to cost management, theoretical substantiation and development of recommendations regarding the formation of strategic cost management. Results. The economic content of cost management in the treatment of different authors and on different approaches: functional, process-oriented and system approaches has been considered. Their essence and features, the direction for operational or strategic management of expenses of the enterprise, ways of spending management in different approaches are determined. It is stated that all considered approaches to cost management of enterprises are aimed at optimal use of resources and ensuring the growth of the efficiency of enterprises. Conclusions. Based on the review of methodological approaches to cost management, recommendations are developed for expanding the implementation of cost management at various levels of enterprise management and the formation of strategic cost management within the framework of strategic management of an enterprise. The strategic cost management is complex category aimed at achieving a rational level of costs in the long run, which allows for the consideration of competitive cost advantages and increase the competitiveness of an industrial enterprise. The implementation of cost reduction strategies should be a constant and important part of the company’s work, while the strategy of cost reduction should be integrated into the overall business strategy of the enterprise.

  5. Management of capital assets by local governments: an assessment and benchmarking survey

    OpenAIRE

    KAGANOVA, Olga; TELGARSKY, Jeffrey

    2018-01-01

    There is a growing recognition of the importance of government-owned capital assets, both conceptually and in practice, in large part due to the 2008 global financial crisis. However, a sizeable gap remains between the academic and professional “universe of knowledge” surrounding government asset management, and the actual asset management practiced by governments. In particular, the majority of governments around the world are wholly uninformed when it comes to good asset management. The pur...

  6. Implementation of Asset Management System Based on Wireless Sensor Technology

    Directory of Open Access Journals (Sweden)

    Nan WANG

    2014-02-01

    Full Text Available RFID technology is regarded as one of the top ten key technologies in the 21st century, which has extensive application prospect in various fields, including asset management, public safety and so on. Through analyzing the current problems existing in asset management, this paper proposes to apply RFID technology in device management to effectively improve the level of automation and informatization of device management, and designs the scheme of equipment monitoring system based on 433 MHz RFID electronic tag and reader. The hardware part of monitoring system consists of the RFID sensor terminals attached in the device and the readers distributed in each monitoring site. The reader uploads the information collected by tag to the backend server and the management system, so as to allow managers and decision makers to understand the usage rate and location of the experimental instruments and to provide managers with a scientific basis for decision making, which effectively solves the relatively backward status quo of current device management level.

  7. System approach to machine building enterprise innovative activity management

    Directory of Open Access Journals (Sweden)

    І.V. Levytska

    2016-12-01

    Full Text Available The company, which operates in a challenging competitive environment should focus on new products and provide innovative services that enhance their innovation to maintain the company’s market position. The article deals with the peculiarities of such an activity in the company. The authors analyze the various approaches used in the management, and supply the advantages and disadvantages of each. It is determine that the most optimal approach among them is a system approach. The definition of the consepts "a system" and "a systematic approach to innovative activity management" are suggested. The article works out the system of machine building enterprise innovative activity management, the organization of machine building enterprise innovative activity; the planning of machine building enterprise innovative activity; the control in the system of machine building enterprise innovative activity management; the elements of the control subsystem. The properties, typical for the system of innovative management, are supplied. The managers, engaged in enterprise innovative activity management, must perform a number of the suggested tasks, which affect the efficiency of the enterprise as a whole. These exact tasks are performed using the systematic approach, providing the enterprise competitive operation and quick adaptation to changes in the external environment.

  8. Chemical cleaning an essential part of steam generator asset management

    International Nuclear Information System (INIS)

    Amman, Franz

    2008-01-01

    Chemical Cleaning an essential part of Steam Generator asset management accumulation of deposits is intrinsic for the operation of Steam Generators in PWRs. Such depositions often lead to reduction of thermal performance, loss of component integrity and, in some cases to power restrictions. Accordingly removal of such deposits is an essential part of the asset management of the Steam Generators in a Nuclear Power Plant. Every plant has its individual condition, history and constraints which need to be considered when planning and performing a chemical cleaning. Typical points are: - Sludge load amount and constitution of the deposits - Sludge distribution in the steam generator - Existing or expected corrosion problems - Amount and tendency of fouling for waste treatment Depending on this points the strategy for chemical cleaning shall be evolved. the range of treatment starts with very soft cleanings with a removal of approx 100 kg per steam generator and goes to a full scale cleaning which can remove up to several thousand kilograms of deposits from a steam generator. Depending on the goal to be achieved and the steam generator present an adequate cleaning method shall be selected. This requires flexible and 'customisable' cleaning methods that can be adapted to the individual needs of a plant. Such customizing of chemical cleaning methods is an essential factor for an optimized asset management of the steam generator in a nuclear power plant

  9. OSH management in small and micro enterprises

    NARCIS (Netherlands)

    Zwetsloot, G.I.J.M.

    2014-01-01

    Small and medium-sized enterprises (SMEs) are widely acknowledged as the backbone of the European economy. According to EUROSTAT statistics [1], [2], 29.6% of the EU employees work in micro enterprises (<10 employees), while 20.6 % are employed in small firms (<50 employees). Indeed, half of the

  10. Enterprise Engineering and Management at the Crossroads

    DEFF Research Database (Denmark)

    Bernus, Peter; Goranson, Ted; Gøtze, John

    2015-01-01

    The article provides an overview of the challenges and the state of the art of the discipline of Enterprise Architecture (EA), with emphasis on the challenges and future development opportunities of the underlying Information System (IS), and its IT implementation, the Enterprise Information Syst...... design and implementation, with the potential to solve these grand challenges....

  11. The Basics of the Money Flow Management of Enterprise

    Directory of Open Access Journals (Sweden)

    Tanklevska Nataliya S.

    2017-06-01

    Full Text Available Essence of the definition of «money flow» of enterprise has been researched. The theoretical basis for the formation of money flows of enterprise, including the developments by mercantilists, marxists, monetarists, and contemporaries has been systematized. Cycles of the money flow and its relationship to the circulation of economic means have been characterized. The money flow discounting factors have been determined, which include inflation, risk, and alternativeness of investment process. The economic, political, social, and techno-economic risks that impact the management of money flows of enterprise have been allocated. The classification of money flows of enterprises by various attributes has been provided. The main sources of formation and modalities of the optimal money flow structure of enterprise have been determined. The advantages and disadvantages of using financial resources to generate money flows of enterprise have been characterized.

  12. A Framework for Managing Core Facilities within the Research Enterprise

    OpenAIRE

    Haley, Rand

    2009-01-01

    Core facilities represent increasingly important operational and strategic components of institutions' research enterprises, especially in biomolecular science and engineering disciplines. With this realization, many research institutions are placing more attention on effectively managing core facilities within the research enterprise. A framework is presented for organizing the questions, challenges, and opportunities facing core facilities and the academic units and institutions in which th...

  13. Environmental management in Slovenian industrial enterprises - Empirical study

    Directory of Open Access Journals (Sweden)

    Vesna Čančer

    2002-01-01

    Full Text Available timulated with the firm belief that environmental management helps enterprises to achieve business success, expressed by a majority of managers in the sample enterprises, we present the results of an empirical study in the Slovene processing industry. The purpose of our research work is to identify, analyse and present the importance of the environment in business decision-making, the role of environmental management in strategic decision-making and its distribution across the business functions; environmental performance in business processes; the use of the methods for environmentally oriented business decision-making and the developmental tendencies of environmental management in Slovene enterprises of the processing industry. We define the key drivers of environmental management and their effect on the environmental behaviour of these enterprises. We present and interpret data indicating that environmental management is caused not only by compliance and regulation, but also by competition and enterprises’ own initiative.

  14. METHODOLOGY AND ORGANIZATION OF ACCOUNTING AND INTERNAL CONTROL OF INVENTORIES OF THE COMPANY IN THE SYSTEM OF ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Koblyanska Olena

    2018-03-01

    Full Text Available Introduction. The article is devoted to theoretical, methodological and practical issues of accounting and internal control of the company’s stocks in the asset management system. The purpose of the study is to deepen and consolidate the theoretical and practical knowledge of the issues of accounting and internal control of the company’s stocks in the asset management system, identify practical problems with the implementation of the methodology and organization of accounting and internal control of the company’s stocks and develop recommendations for the elimination of deficiencies and improve the accounting and internal control of the company’s stocks. Results. The issue of relevance of proper accounting and internal control of stocks at the enterprise is considered. The research of typical operations with stocks was carried out with the use of the method of their reflection in the account. The classification of stocks, carrying out of their estimation, definition of the initial value, and also the typical correspondence from the account of stocks are resulted. A comparative characteristic of international and national inventory standards was implemented. The article deals with the features of the internal control of inventories at the enterprise, provides normative documents on its organization and methodology, describes the procedure for its implementation at the enterprise and identifies the typical mistakes that occur during its implementation. Conclusions. The questions about theoretical, methodological and practical issues of accounting and internal control of the company’s stocks in the asset management system were considered. A study of typical operations with stocks was carried out with the use of the method of their reflection in the accounts and the features of the internal control of inventories at the enterprise.

  15. Knowledge management vs business process management in contemporary enterprises

    Directory of Open Access Journals (Sweden)

    Bitkowska Agnieszka

    2016-06-01

    Full Text Available The main objective of this paper is to identify the system of knowledge management in contemporary process organizations in business process perspective, especially with regard to technological and social conditions. Methodology is based on literature analysis and case studies. The integration of knowledge management technologies, concepts and methods into organizational business processes is challenging research issue today. The concepts of knowledge management and business process management should be analyzed jointly in the contemporary enterprises. Despite of the growing interest among researchers and practitioners of the concept of the knowledge management referring to business process management there is a lack of articles in this area. Appropriate approach to the modelling of knowledge management processes, as well as the use of IT tools, and a motivation system are of key importance for the introduction of this solution in organizations.

  16. SharePoint Server 2010 Enterprise Content Management

    CERN Document Server

    Kitta, Todd; Caplinger, Chris; Houberg, Russ

    2011-01-01

    SharePoint experts focus on SharePoint 2010 as a platform for Enterprise Content Management SharePoint allows all users in an organization to manage and share their content reliably and securely. If you're interested in building Web sites using the new capabilities of enterprise content management (ECM) in SharePoint 2010, then this book is for you. You'll discover how SharePoint 2010 spans rich document management, records management, business process management and web content management in a seamless way to manage and share content. The team of SharePoint experts discusses the ECM capabi

  17. ORGANIZATIONAL SUPPORT OF INTELLECTUAL PROPERTY MANAGEMENT AT THE ENTERPRISE

    Directory of Open Access Journals (Sweden)

    I. Kornilova

    2015-08-01

    Full Text Available The article deals with theoretical issues of organizational support of intellectual property management at the enterprise. It is defined the nature, goals, objectives organization of intellectual property. It is selected the features, factors of influence on the choice of organizational structure and organizational form of intellectual property management on an enterprise. It is proposed systematization forms of organizational maintenance of intellectual property management at different classification criteria. Attention is paid to consider outsourcing forms of operations with intellectual property.

  18. Ergonomics Integration Omproving Production Process Management in Enterprises of Latvia

    OpenAIRE

    Henrijs Kaļķis

    2013-01-01

    Dotoral thesis ERGONOMICS INTEGRATION IMPROVING PRODUCTION PROCESS MANAGEMENT IN ENTERPRISES OF LATVIA ANNOTATION Ergonomics integration in process management has great significance in organisations` growth of productivity. It is a new approach to entrepreneurship and business strategy, where ergonomic aspects and values are taken into account in ensuring the effective process management and profitability of enterprises. This study is aimed at solution of the problem of e...

  19. Study on Base Management Pattern of Food Producing Enterprise

    Science.gov (United States)

    Zhang, Weibin

    When the food producing enterprises often comply with food safety regulations and industry management system passively, we need to consider can they transform their production and business pattern in order to avoid the food safety incidents completely? The answer is yes. The food producing enterprises can develop to the two directions of material planting and products in circulation through base management pattern substituting for the original operation pattern of in-plant processing and outside sales. The food producing enterprises should establish coordination and safe supervision mechanisms in order to achieve the management objectives of unified production, controllable risks and scale magnitude.

  20. Oracle Enterprise Manager 12c command-line interface

    CERN Document Server

    Pot'Vin, Kellyn; Smith, Ray

    2014-01-01

    Oracle Enterprise Manager 12c Command-Line Interface shows how to use Enterprise Manager's powerful scripting language to automate your database administration work and save time by scripting routine tasks, and then executing those scripts across collections of databases and instances in your environment. This book is chock full of ready-made scripting examples contributed by the authors and leading members of the community. For example, you'll find scripts and examples of commands to: Remove an Enterprise Manager agent and its related targetsQuickly create administrator accounts that are ful

  1. Analysis of organizational options for the uranium enrichment enterprise in relation to asset divesture

    International Nuclear Information System (INIS)

    Harrer, B.J.; Hattrup, M.P.; Dase, J.E.; Nicholls, A.K.

    1986-08-01

    This report presents a comparison of the characteristics of some prominent examples of independent government corporations and agencies with respect to the Department of Energy's (DOE) uranium enrichment enterprise. The six examples studied were: the Bonneville Power Administration (BPA); the Tennessee Valley Authority (TVA); the Synthetic Fuels Corporation (SYNFUELS); the Consolidated Rail Corporation (CONRAIL); the British Telecommunications Corporation (British TELECOM); and the Communications Satellite Organization (COMSAT), in order of decreasing levels of government ownership and control. They range from BPA, which is organized as an agency within DOE, to COMSAT, which is privately owned and free from almost all regulations common to government agencies. Differences in the degree of government involvement in these corporations and in many other characteristics serve to illustrate that there are no accepted standards for defining the characteristics of government corporations. Thus, historical precedent indicates considerable flexibility would be available in the development of enabling legislation to reorganize the enrichment enterprise as a government corporation or independent government agency

  2. Quality regulation will make the goals of asset management specific; Zielkonkretisierung des Asset Managements durch die Qualitaetsregulierung

    Energy Technology Data Exchange (ETDEWEB)

    Fritz, Wolfgang [Consentec Consulting fuer Energiewirtschaft und -technik GmbH, Aachen (Germany); Vennegeerts, Hendrik [Forschungsgemeinschaft fuer Elektrische Anlagen und Stromwirtschaft e.V. (FGH), Aachen (Germany)

    2009-12-15

    The asset management of a network operator is responsible for decisions concerning the design, upkeep, modernisation and operation of networks. These decisions have an impact on costs and various quality aspects. Due to the absence of stringent instructions in some of its areas, asset management holds a substantial optimisation potential for network operators. Creative leeway exists in particular with regard to network reliability. Nowadays the level of reliability of a network has no immediate impact on the operator's turnover. However, this will change with the introduction of quality regulation through the Incentive Regulation Ordinance. This article discusses basic models for the resulting concretisation of goals and outlines the current debate as to how quality regulation should be framed.

  3. Exploration of nuclear power enterprise 'STAR' management performance evaluation system

    International Nuclear Information System (INIS)

    Wang Sen

    2005-01-01

    From the angle of nuclear power enterprise safety culture, this essay breaks the connotations of the safety culture down to nine aspects (target management, safety management, quality management, housekeeping, cost control, authorization management, teamwork, communication and continued improvement), with each aspect divided into five levels of star class according to its own characteristics. A comparison is made between the actualities of the enterprise and star management performance evaluation system to find out the gap and identify ways of continued improvement to elevate the enterprise management level, thereby developing a standard system of conducting qualitative and quantitative evaluation to the management process. Apart from its evaluation function, this system provides a guideline on the work orientation, method, and steps to elevate work level and capability for the managers performing specific management actions. It is also a system of measuring and evaluating the executive force of the company's management and its employees. (author)

  4. Exploration Systems Development (ESD) Approach to Enterprise Risk Management

    Science.gov (United States)

    Bauder, Stephen P.

    2014-01-01

    The National Aeronautics and Space Administration (NASA) Exploration Systems Development (ESD) Division has implemented an innovative approach to Enterprise Risk Management under a unique governance structure and streamlined integration model. ESD's mission is to design and build the capability to extend human existence to deep space. The Enterprise consists of three Programs: Space Launch System (SLS), Orion, and Ground Systems Development and Operations (GSDO). The SLS is a rocket and launch system that will be capable of powering humans, habitats, and support systems to deep space. Orion will be the first spacecraft in history capable of taking humans to multiple destinations within deep space. GSDO is modernizing Kennedy's spaceport to launch spacecraft built and designed by both NASA and private industry. ESD's approach to Enterprise Risk Management is commensurate with affordability and a streamlined management philosophy. ESD Enterprise Risk Management leverages off of the primary mechanisms for integration within the Enterprise. The Enterprise integration approach emphasizes delegation of authority to manage and execute the majority of cross-program activities and products to the individual Programs, while maintaining the overall responsibility for all cross-program activities at the Division. The intent of the ESD Enterprise Risk Management approach is to improve risk communication, to avoid replication and/or contradictory strategies, and to minimize overhead process burden. This is accomplished by the facilitation and integration of risk information within ESD. The ESD Division risks, Orion risks, SLS risks, and GSDO risks are owned and managed by the applicable Program. When the Programs have shared risks with multiple consequences, they are jointly owned and managed. When a risk is associated with the integrated system that involves more than one Program in condition, consequence, or mitigation plan, it is considered an Exploration Systems Integration

  5. Ways to rational management of accounts receivable at enterprises

    Directory of Open Access Journals (Sweden)

    Yevtushenko N. O.

    2015-05-01

    Full Text Available This article investigated the principal reasons of management problems an account receivable of enterprises. Credit politics of management is worked out by an account receivable of enterprises. Essence of the stages of construction of rational management an account receivable of enterprises is exposed. In the article are exposed the basic elements of control system for an account receivable such as mission, aims, strategy as politics of management. The basic stages of management politics are described for an account receivable of enterprises: analysis; organization of forming of principles of credit politics, terms of delivery of credit and procedure of collection of accounts receivable; planning of the use of modern forms of refunding, and similarly control.

  6. APPLICATION OF PROJECT MANAGEMENT APPROACHES AT A SMALL BUSINESSES ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Sergey V. Rajewski

    2016-01-01

    Full Text Available This article discusses the types of organizational structures of project management and their application in project management in small and medium-sized enterprises. Among the approaches and methods to organize projects emphasizing project management as part of the existing functional structure of the enterprise. Analyzed the most relevant organizational tools of project management in small business: a network schedule; matrix distribution of administrative and management tasks of the project; schedule of the project plan; information and technological methods and models used in the process of project management; software applications for project management, used in the sphere of small business.

  7. Employing asset management to control costs and sustain highway levels of service : volumes I and II.

    Science.gov (United States)

    2014-02-01

    This project investigated the impact of varying two elements of pavement, bridge, and mobility asset management on the long term networklevel : performance of those assets. The first element was the condition at which restorative treatments are tr...

  8. A simulation framework for asset management in climate-change adaptation of transportation infrastructure

    NARCIS (Netherlands)

    Bhamidipati, S.K.

    2014-01-01

    An asset management framework, in an agent-based model with multiple assets, is presented as a tool that can assist in developing long-term climate change adaptation strategies for transportation infrastructure.

  9. National water services asset management strategy for South Africa

    CSIR Research Space (South Africa)

    Wall, K

    2007-05-01

    Full Text Available stream_source_info Wall_2007.pdf.txt stream_content_type text/plain stream_size 17927 Content-Encoding UTF-8 stream_name Wall_2007.pdf.txt Content-Type text/plain; charset=UTF-8 1 0612 Wall IWA Inframan Malaysia 2nd... in developing countries" ("An IWA-supported conference under the auspices of the Specialist Group for Developing Countries") Session on "Management and policy issues" Theme "Asset management". Kuala Lumpur, Malaysia, May 2007 Abstract: South African...

  10. Asset management using genetic algorithm: Evidence from Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Abbas Sarijaloo

    2014-02-01

    Full Text Available This paper presents an empirical investigation to study the effect of market management using Markowitz theorem. The study uses the information of 50 best performers on Tehran Stock Exchange over the period 2006-2009 and, using Markowitz theorem, the efficient asset allocation are determined and the result are analyzed. The proposed model of this paper has been solved using genetic algorithm. The results indicate that Tehran Stock Exchange has managed to perform much better than average world market in most years of studies especially on year 2009. The results of our investigation have also indicated that one could reach outstanding results using GA and forming efficient portfolio.

  11. Effectively Managing the Air Force Enterprise Architecture

    National Research Council Canada - National Science Library

    Sharkey, Jamie P

    2005-01-01

    The Air Force is developing and implementing an enterprise architecture to meet the Clinger-Cohen Act's requirement that all federal agencies use an architecture to guide their information technology (IT) investments...

  12. Basic stages of introduction of kontrolingu in management railway enterprises

    OpenAIRE

    Kokovikhina, O.

    2011-01-01

    In the article research existent approaches in relation to introduction of financial kontrolingu in activity of subjects of menage and ten stages of introduction of kontrolingu are offered in the management of railway transport enterprises.

  13. FORMATION OF MARKETING MANAGEMENT SYSTEM OF THE ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Volodymyr Tkachenko

    2017-12-01

    Full Text Available In order to find out the level of effectiveness of marketing management and create an effective system, it becomes evident that a more in-depth study of the management of marketing activity as a process that occurs under the influence of a set of factors, which consideration can enable to better detect and solve existing problems, is necessary. The subject of the study is the theoretical and methodological foundations of management of the marketing activities of an enterprise and methods for evaluating its effectiveness. The purpose of the study is to build a system for managing marketing activities of an enterprise. In order to achieve the purpose of the study, the following tasks are set and solved: to substantiate theoretical and methodological foundations of the formation of the management system of marketing activity of enterprise, to specify components of this system, and to identify types of links between the components of the management system of marketing activity of enterprise and the factors influencing it and its efficiency, to determine composition of indicators of efficiency of marketing management system of enterprise. Methodology. The paper uses the following methods and approaches to research: marketing approach, abstract-logical approach used in the study of theoretical and methodological foundations of interaction management, analysis of theoretical approaches to the formation of a management system for marketing activities of enterprise, inductive and deductive (used in determining factors influencing the formation of a management system for marketing activities of enterprise, systematization and generalization (to clarify the concept of “marketing management”, methods of science abstraction (to form a system of indicators characterizing the efficiency of enterprise marketing management. Results. Most approaches to the formation of marketing management systems are of a procedural nature, that is, they focus only on the

  14. Towards a holistic customer experience management framework for enterprises

    Directory of Open Access Journals (Sweden)

    De Vries, Marne

    2016-11-01

    Full Text Available We have entered the age of the customer where customer choice is the main differentiator between enterprises. Therefore, enterprises need to shift their focus to customer experience management (CEM. A survey conducted within the telecommunications sector indicated a gap between theoretical CEM approaches and their implementation in enterprises. Although a systematic literature review and inductive thematic analysis of CEM literature revealed nine common themes, none of the existing approaches includes all of these themes in a comprehensive way. Based on those nine themes, this paper presents a new holistic framework for CEM that managers and practitioners concerned with improving customer experiences could use.

  15. Enterprise Risk Management : Das COSO-ERM-Framework

    OpenAIRE

    Ruud, Flemming; Sommer, Katerina

    2006-01-01

    Das Enterprise Risk Management (ERM) ist ein wichtiges Element der Corporate Governance. Es kann Unternehmen bei der Zielerreichung unterstützen, indem es hilft, Chancen und Risiken zu erkennen und geeignete Massnahmen zu ergreifen. Die Weiterentwicklung des Internal-Control-Framework zu einem Enterprise-Risk-Management-Framework, dessen Grund sätze, Ziele und Komponenten, dessen Nutzen und Grenzen sowie die Unterschiede zum ursprünglichen COSO-ICFramework ist Gegenstand dieser Ausführunge...

  16. Structural transformation of the machine-building enterprises: management approaches

    OpenAIRE

    Obydiennova, T.

    2014-01-01

    The article considers the «classical» approach to the issues of enterprise management: process, system, situational, concrete, functional, resource, factorial approach. Outlines the definitions of each of the approaches to the management of the enterprise, as well as advantages and disadvantages. The author suggests the schematic image of the aspects of the system approach and its application; a scheme of contents resource and functional approaches. For research on the structural transformati...

  17. TELAAH ENTERPRISE RISK MANAGEMENT MELALUI CORPORATE GOVERNANCE DAN KONSENTRASI KEPEMILIKAN

    OpenAIRE

    Daniel T H Manurung; R Wedi Rusmawan Kusumah

    2016-01-01

    Abstract: Assessing Enterprise Risk Management through Corporate Governance and Ownership Concentration. The purpose of this research is to determine the influence of corporate governance and concentrated of ownership with enterprise risk management. This research uses multiple regression analysis as a testing tool. The sample that is used in this study is 50 manufacturing companies which is listed in the Indonesia Stock Exchange. The year that is used as the basis of sampling is 2013-2014. ...

  18. Mathematical modelling as basis for efficient enterprise management

    Directory of Open Access Journals (Sweden)

    Kalmykova Svetlana

    2017-01-01

    Full Text Available The choice of the most effective HR- management style at the enterprise is based on modeling various socio-economic situations. The article describes the formalization of the managing processes aimed at the interaction between the allocated management subsystems. The mathematical modelling tools are used to determine the time spent on recruiting personnel for key positions in the management hierarchy selection.

  19. ISO 55001 STANDART IN ASSET MANAGEMENT AND THE ROLE OF INFORMATION TECHNOLOGIES

    Directory of Open Access Journals (Sweden)

    İsa COŞKUN

    2017-09-01

    Full Text Available Asset management is an area of reseach which isimportant for any business that desires to obtain value from assets, and it has become an international standard with the ISO 55000 Asset Management Standard Series published in 2014. With the developing technology, assets reached high material values and resulted in significant investments for businesses. Therefore using assets effectively during their lifecycles has become a necessity for sustainable businesses. In this study, importance of asset management standards and the role of information technologies in managing related processes have been discussed in detail by conducting a comprehensive literature review. Considering that the ISO 55000 standard series are still very recent and there are limited number of companies with certification in Turkey, the study contributes to asset management literature bu simultaneously handling both the systems and information technology perspectives.

  20. Theoretical aspects of strategic adaptation management of enterprises

    Directory of Open Access Journals (Sweden)

    Khaustova Ksenya Mykhailivna

    2016-09-01

    Full Text Available In the article the theoretical foundations of strategic adaptation management as an actual approach to the management of enterprise under conditions that are constantly changing have been developed. The theoretical approaches to the definition of “adaptation enterprise” have been studied and systematized. The essence and principles of strategic management adaptation were expounded. The model of strategic management was improved through the introduction of continuous monitoring and evaluation of changes in the environment and the actual adjustments to the system and processes. The essence and features adaptive capacity of the enterprise as a key element of strategic management have been investigated.

  1. Lean Management as an Instrument of Sustainable Development of Enterprises

    Science.gov (United States)

    Sikora, Marcin; Kwiatkowski, Maciej; Prosół, Hanna; Nowicka, Daria; Lorenc, Karolina; Pham, Laurena

    2016-03-01

    The aim of the paper is to present the philosophy of Lean Management as an instrument of improving sustainable management of enterprises. The article presents the origins, characteristics of the broadly understood concept of Lean Management and describes the idea of Sustainable Development (SD). At the same time implications for the application and development of the instruments which operationalize the assumptions of SD at the level of enterprises are discussed. The paper specifies those areas of functioning of contemporary companies in which Lean Management can be implemented and compares them with the features of traditional management in particular subjects.

  2. Asset liability management modeling using multi-stage mixed-integer stochastic programming

    NARCIS (Netherlands)

    Drijver, S.J.; Klein Haneveld, W.K.; van der Vlerk, Maarten H.

    2000-01-01

    A pension fund has to match the portfolio of long-term liabilities with the portfolio of assets. Key instruments in strategic Asset Liability Management (ALM) are the adjustments of the contribution rate of the sponsor and the reallocation of the investments in several asset classes at various

  3. IMPROVEMENT OF STRATEGIC MANAGEMENT OF THE INDUSTRIAL ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Anna E. Gorokhova

    2015-01-01

    Full Text Available The subject / topic: The subject of this article is very actual in the light of formation of post-industrial economy and need of improvement of methods, tools and mechanisms of management of economic subjects. The main reason for low efficiency of the industrial enterprises consists now that the developed stereotypes of managing and the applied methods of management don't conform to requirements of market economy. In article advantages of introduction of instruments of strategic management in activity of the industrial enterprises are considered.The purpose / objectives: The purpose of article is the analysis of the directions of improvement of strategic management of the industrial enterprise in modern economic conditions. Objectives of the article: To investigate differences of strategic management of the industrial enterprise from traditional, to analyse modern strategy of the industrial enterprises, to reveal their features and scopes.Methodology: A methodical basis of this article are comparative methods of the analysis.The Results: Difference of strategic management of the industrial enterprise from the traditional is investigated. Possibility of strategic development of the industrial companies only at systematic introduction of innovations is proved. Modern strategy of development of the industrial enterprises are analysed: modern strategy of development in retail networks of sales of mobile phones, outsourcing strategy, strategy of development of the company on the basis of a matrix «a growth / share of the market», strategy of fight for intellectual leadership, strategy of ecosystems of J. F. Moore; their features and scopes are revealed.Conclusions / significance: It is necessary to expand practical use of instruments of strategic management in activity of the industrial enterprises as they allow to increase management efficiency as a result of the accounting of opportunities and threats of environment and current state of the

  4. Self-management evaluation by small-enterprises and micro-enterprises: Exploratory study

    Directory of Open Access Journals (Sweden)

    Lucia Clara Banchieri

    2013-09-01

    Full Text Available Purpose: To know what their habits and customs on planning, developing, information management and control of micro and small enterprises in Catalonia Design/methodology/approach: Four workshops involving 70 people from micro and small companies were carried out. The workshops were organized by institutions related to Catalan companies. The model used in the workshops was the canvas model Findings and Originality/value: The main contribution is the use of canvas as auto diagnostic tool for micro and small businesses, which has allowed us to know which is the reality of this type of business regarding management, highlighting the necessity to have an overview of the company, the necessity to foster the relationship with the external forces, and the lack of relations between key areas. Participants also know the importance of management information Research limitations/implications: The workshops were aimed at people who have contact and participate in the institutions which were performed Practical implications: This research provides a conceptual framework for the companies’ owner to make a diagnosis on your business model and how it is managed. It also allows management practices from the micro and small enterprises, to design a management control system adapted to this type of company Social implications: The results serve as a diagnostic study on the reality of small and micro enterprises, which can be used to design tools and programs that are useful for their development and survival. Originality/value: For the participants Associations aims to promote the development of micro and small enterprises, the diagnosis of the reality of these companies. For the management people, the self-diagnostic tool and for the academic community the exploratory study would allow developing a control system applicable to the reality of the micro and small enterprises.

  5. Occupational health and safety management in micro and small enterprises

    DEFF Research Database (Denmark)

    Hasle, Peter

    2015-01-01

    Occupational health and safety management (OHSM) in micro and small enterprises may look like an odd ex-pression. Most owner-managers do not think of OHSM as something to give priority. They are occupied with management of the core business which in many cases constitute a simple fight for survival...

  6. A Knowledge Management and Decision Support Model for Enterprises

    Directory of Open Access Journals (Sweden)

    Patrizia Ribino

    2011-01-01

    Full Text Available We propose a novel knowledge management system (KMS for enterprises. Our system exploits two different approaches for knowledge representation and reasoning: a document-based approach based on data-driven creation of a semantic space and an ontology-based model. Furthermore, we provide an expert system capable of supporting the enterprise decisional processes and a semantic engine which performs intelligent search on the enterprise knowledge bases. The decision support process exploits the Bayesian networks model to improve business planning process when performed under uncertainty.

  7. Development of enterprise architecture management methodology for teaching purposes

    Directory of Open Access Journals (Sweden)

    Dmitry V. Kudryavtsev

    2017-01-01

    Full Text Available Enterprise architecture is considered as a certain object of management, providing in business a general view of the enterprise and the mutual alignment of parts of this enterprise into a single whole, and as the discipline that arose based on this object. The architectural approach to the modeling and design of the enterprise originally arose in the field of information technology and was used to design information systems and technical infrastructure, as well as formalize business requirements. Since the early 2000’s enterprise architecture is increasingly used in organizational development and business transformation projects, especially if information technologies are involved. Enterprise architecture allows describing, analyzing and designing the company from the point of view of its structure, functioning and goal setting (motivation.In the context of this approach, the enterprise is viewed as a system of services, processes, goals and performance indicators, organizational units, information systems, data, technical facilities, etc. Enterprise architecture implements the idea of a systematic approach to managing and changing organizations in the digital economy where business is strongly dependent on information technologies.This increases the relevance of the suggested approach at the present time, when companies need to create and successfully implement a digital business strategy.Teaching enterprise architecture in higher educational institutions is a difficult task due to the interdisciplinary of this subject, its generalized nature and close connection with practical experience. In addition, modern enterprise architecture management methodologies are complex for students and contain many details that are relevant for individual situations.The paper proposes a simplified methodology for enterprise architecture management, which on the one hand will be comprehensible to students, and on the other hand, it will allow students to apply

  8. Alternative Agricultural Enterprises. Production, Management & Marketing.

    Science.gov (United States)

    Fox, Linda Kirk; And Others

    These nine cooperative extension bulletins provide basic information on various alternative agricultural enterprises. Discussed in the first eight bulletins are the following topics: business ownership (sole proprietorship, partnership, incorporation, cooperatives); business and the family (goals, qualifications, ways of ensuring family support,…

  9. Measuring enterprise proactiveness in managing occupational safety

    DEFF Research Database (Denmark)

    Sønderstrup-Andersen, Hans H. K.; Fløcke, Thomas; Mikkelsen, Kim Lyngby

    2010-01-01

    The aim of this paper is to communicate results, and lessons learned, from developing and applying a national questionnaire based survey for measuring the initiation of occupational safety activities in Danish enterprises and public institutions1. The survey is cross-sectional and it is part...... on the safety attitude index....

  10. Evaluation of the importance of the 39 subjects defined by the global forum for maintenance and asset management

    OpenAIRE

    Visser, Jacobus Krige; Botha, Arnold

    2015-01-01

    The Global Forum on Maintenance and Asset Management (GFMAM) was formed in 2011 to bring together various experts, practitioners, academics, and other professionals who are active in the field of asset and maintenance management. The primary mission of GFMAM is to develop and promote knowledge, standards, and education for the maintenance and asset management professions. To fulfil this mission, GFMAM developed an ‘Asset Management Landscape’ document, which defines 39 subjects on asset manag...

  11. Research and design on system of asset management based on RFID

    Science.gov (United States)

    Guan, Peng; Du, HuaiChang; Jing, Hua; Zhang, MengYue; Zhang, Meng; Xu, GuiXian

    2011-10-01

    By analyzing the problems in the current assets management, this thesis proposing RFID technology will be applied to asset management in order to improve the management level of automation and information. This paper designed the equipment identification based on 433MHz RFID tag and reader which was deeply studied on the basis of RFID tag and card reader circuits, and this paper also illustrates the system of asset management. The RS232 converts Ethernet is a innovative technology to transfer data to PC monitor software, and implement system of asset management based on WEB techniques (PHP and MySQL).

  12. Asset Management System through the design of a Jadex Agent System

    Directory of Open Access Journals (Sweden)

    Javier CARBÓ

    2016-11-01

    Full Text Available In this paper we have designed an agent system using JADEX platform in order to facilitate the asset management of an institution with several types of assets with some unknown similarities, and a high number of operators. Such environment would justify the use of a recommendation system that would provide an useful plan to be applied over an asset generated from previous maintenance operations hold over other assets. Here we provide the full design of such agent system, including the ontology, beliefs, plans, protocols and goals. This design has been implemented within GAIA: an information & asset management solution developed by Altran.

  13. Chemical cleaning - essential for optimal steam generator asset management

    International Nuclear Information System (INIS)

    Ammann, Franz

    2009-01-01

    Accumulation of deposits in Steam Generator is intrinsic during the operation of Pressurized Water Reactors. Such depositions lead to reduction of thermal performance, loss of component integrity and, in some cases, to power restrictions. Accordingly, removal of such deposits is an essential part of the asset management program of Steam Generators. Every plant has specific conditions, history and constraints which must be considered when planning and performing a chemical cleaning. Typical points are: -Constitution of the deposits or sludge - Sludge load - Sludge distribution in the steam generator - Existing or expected corrosion problems - Amount and tendency of fouling for waste treatment The strategy for chemical cleaning is developed from these points. The range of chemical cleaning treatments starts with very soft cleanings which can remove approximately 100kg per steam generator and ends with full scale, i.e., hard, cleanings which can remove several thousand kilograms of deposits from a steam generator. Dependent upon the desired goal for the operating plant and the steam generator material condition, the correct cleaning method can be selected. This requires flexible cleaning methods that can be adapted to the individual needs of a plant. Such customizing of chemical cleaning methods is a crucial factor for an optimized asset management program of steam generators in a nuclear power plant

  14. Role and Importance of Evaluation in Management Enterprise

    Directory of Open Access Journals (Sweden)

    Mihaela NICOARA

    2012-11-01

    Full Text Available In determining the enterprise value is assessed, are taken into account all areas that help to generate future profits in the întreprindrii evaluated, respectively. In this respect, a special role is managerial decision.This is the main tool to achieve business objectives, which should be based on past actual situation of the enterprise, the current existing ralitatile on forecasting ability, but also work with other specialisti.Rezultatele assessment is an important source of decision management.

  15. Essence of the «Enterprise Management through Personnel Management» Paradigm

    OpenAIRE

    Vashchenko Natalia V.

    2013-01-01

    The article proves a necessity of consideration of personnel as a driving force of enterprise development. It studies and generalises the existing approaches of scientists to understanding the "enterprise management" and "personnel management" processes. It marks out problem and positive points of view of scientists with respect to identification of the role of personnel in the process of enterprise management and ensuring its development. It reveals the essence of the "management" and "enter...

  16. The Instruments of Management of the Proactive Development of Enterprise

    Directory of Open Access Journals (Sweden)

    Feshchur Roman V.

    2018-02-01

    Full Text Available The article considers the process and develops the conception of management of the proactive development of enterprises. The main instruments of management of enterprises’ development have been allocated on the system, process, and micro-process levels. The economic-mathematical model of formation of the optimal program of enterprise’s development has been built with reflection of interests of the most significant stakeholders and the basic types of projects which are combined in the program of development of enterprise. Taking account of the peculiarities of activity together with the objectives of industrial enterprises’ development, the following groups of projects are selected: technical and technological, providing for the change of the level of technology at the enterprise; productive, aimed at quantitative and qualitative change of production of enterprise, increase of its competitiveness; organizational, leading to changes in the organization, structure, and management of enterprise. The choice of the most acceptable private optimal program of enterprise’s development is carried out using the matrix method. According to this method, the absolute values of indicators of the socio-economic development of enterprises become relative with the subsequent transition to the definition of integral estimates for each program. It is also possible to use the methods of compromise programming that allow to obtain a Pareto-optimal solution.

  17. The Future of Asset Management for Human Space Exploration: Supply Classification and an Integrated Database

    Science.gov (United States)

    Shull, Sarah A.; Gralla, Erica L.; deWeck, Olivier L.; Shishko, Robert

    2006-01-01

    One of the major logistical challenges in human space exploration is asset management. This paper presents observations on the practice of asset management in support of human space flight to date and discusses a functional-based supply classification and a framework for an integrated database that could be used to improve asset management and logistics for human missions to the Moon, Mars and beyond.

  18. Computerized asset management and maintenance systems in ST

    CERN Document Server

    Sánchez-Corral, E

    1999-01-01

    The ST division manages and therefore maintains the CERN technical installations. A maintenance database application exists for every technical domain. A total of six different databases were built during the last 10 years and are based on the RAPIER maintenance program. As the Computerized Asset Management and Maintenance Systems (CAMMS) technology has evolved, the RAPIER system has become obsolete. Therefore we are forced to migrate to its latest version, MP5, before the year 2000. The migration path must be defined, leading from the current situation to a fully operational MP5 application. The major elements of each migration path consist in determining the functionality to use, defining the operation of it, adapting and/or creating procedures, converting data and providing training. A migration is always a process of change. The migration presents a unique opportunity to evaluate the current implementations, adapt them to the requirements and exploit the new features offered. Obsolete data and inconsisten...

  19. Business process of reputation management of food industry enterprises

    OpenAIRE

    Derevianko Olena. H.

    2014-01-01

    The goal of the article is development of the methodical base of reputation management directed at formalisation of theoretical provisions and explanation how to organise reputation management at food industry enterprises. The article shows prospectiveness of use of the Business Process Management concept in reputation management. Using the diagram of the Reputation Management business process environment the article shows its key participants (suppliers and clients of the business process) a...

  20. Theoretical Grounds of Enterprise Anti-crisis Financial Management

    Directory of Open Access Journals (Sweden)

    Berest Maryna M.

    2014-03-01

    Full Text Available The goal of the article lies in specification and deepening of the essence and theoretical grounds of the enterprise anti-crisis financial management (EAFM. The article analyses and generalises literature, devoted to anti-crisis management problems, marks out and characterises main structural elements of the enterprise anti-crisis financial management: goal, task, object and subject. It shows that tasks of the enterprise anti-crisis financial management should show its essence in the context of preventive, stabilising and anti-crisis components. The article groups and clarifies the concept of functions and principles of the enterprise anti-crisis financial management. It marks basic, specific and integration functions and provides their description. It also marks out and characterises individual principles, which identify the EAFM process, justify development and realisation of anti-crisis solutions and measures and also characterise EAFM organisation at an enterprise. Prospects of further developments in this direction are overview, analysis and improvement of methodical instruments of realisation of the specified EAFM tasks on the basis of the considered theoretical aspects.

  1. The Features of Introduction of Risk Management in Ukrainian Enterprises

    Directory of Open Access Journals (Sweden)

    Chaikina Alina O.

    2017-11-01

    Full Text Available The article defines key features of introduction of risk-management at the Ukrainian enterprises taking into consideration personal characteristics of managers and identifying the main risks that impact entrepreneurial activity. It has been proved that the essence of entrepreneurial activity is reduced to adequate perception of risk by the entrepreneur and to the ability to prevent its occurrence. The authors suggest their own approach to definition of the essence of entrepreneurial risk. In the article, risk management is considered as a system of enterprise management, providing for timely detection (proactive action and adequate response to the occurrence of risks in the entrepreneurial activity (protective action, the purpose of which is to ensure the seamless operation of the enterprise and its continuous development. The algorithm of implementation of risk-management at enterprise has been developed. The «Top-10 risks of 2017» has been analyzed and it has been concluded that for the Ukrainian enterprises the most significant for today are: changes in the legislation; raising the level of taxes, fees and costs of communal payments; unskilled personnel; loss of the consumer as result of actions of competitors; raider attacks; ATO.

  2. Formation of power management strategy at the industrial enterprises

    Science.gov (United States)

    Akimova, Elena

    2017-10-01

    The article is dedicated to energy efficiency problems. The main recommendations about the development of the system of strategic power management at the industrial enterprise offered in the research include a number of the principles, aimed at the increase of the importance of human resources in information-and-analytical and innovative functions of power management. According to the results of the current situation analyses, the author suggests using some specific indicators of human resources, as they can contribute to the energy efficiency formation. The system of standardization is considered to be the basis for the implementation of strategic power management at the enterprises.

  3. MANAGEMENT OF CASH FLOWS OF THE ENTERPRISE AND THEIR OPTIMIZATION

    Directory of Open Access Journals (Sweden)

    Natalie V. Gryzunova

    2015-01-01

    Full Text Available The purpose of this work is the analysis of structure and process of management of cash flows of the enterprise, researchof a financial position and development of recommendationsabout increase of effective management of cash fl ows. When performing work various methods of research were applied:fi nancial, coeffi cient, ekonomiсo-mathematical, etc. As a result of the analysis reserves of increase of management efficiency are revealed and models of free cash flows, the most actual for group of the considered enterprises are offered.

  4. INSPECTION OF MANAGEMENT ACCOUNTING STATUS AT THE ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Iana Volkovska

    2017-09-01

    Full Text Available Now the heads of enterprises have understood that management accounting is important for the decision-making process. It has a particular importance when enterprises because of the specifics of their activities and optimization of taxation, consist of several business entities, for example, hotel-restaurant complexes. However, it may be a situation when there is management accounting at the enterprise but managers do not receive the necessary information. Then there is a need to check the status of management accounting. Audit of management accounting is expensive, so there is a need for cheaper ways to determine the status of management accounting. This confirms the relevance of this study. The purpose of the work is the formation of a procedure for checking the status of management accounting at the enterprise. To achieve the goal, the method of expert evaluation was used. First of all, the author selected objects for checking the status of management accounting for the understanding what to focus on. Next, the author analysed the main approaches to checking the status of management accounting and how they can be used at the enterprises of the hotel-restaurant complex. The author, on the basis of the analysis, formed possible questions about the assessment of the status of management accounting, which were evaluated by experts on the basis of the scale proposed by the author. Expert evaluations were processed and ranked by the author. The result was a questionnaire for assessment of the status of management accounting at the enterprise, with the allocation of various aspects of accounting for the consideration of different issues. The author also developed recommendations for the answers to the questionnaire and the scale for the questionnaire, which allows drawing a conclusion about the completeness of the management accounting system. It makes a conclusion that this procedure of checking the status of management accounting at the enterprise

  5. MANAGEMENT OF INVESTMENT ACTIVITY OF THE ENTERPRISE UNDER CRISIS CONDITIONS

    Directory of Open Access Journals (Sweden)

    O. Naumova

    2016-04-01

    Full Text Available The method of comparison, analysis and synthesis, induction and deduction in devoted paper for the purpose of summarized modern theoretical approaches to the investment activity of the enterprise are used. The research is based on the analysis of scientific papers of leading scientists about investment activity of the enterprise under crisis economic conditions. The relationship between corporate management, technological modification of the production process, the government protection of the property rights of investors under crisis conditions and investment activity of Ukrainian enterprises are analyzed. The paper is shown that lack of the investment activity in Ukraine is a negative consequence of the presence a high degree of risk as a result of banking crisis and serious legal violations in the activity of enterprises.

  6. 75 FR 1632 - Public Housing Assessment System (PHAS): Asset Management Transition Year 2 Information

    Science.gov (United States)

    2010-01-12

    ... accounting under asset management, also known as ``Transition Year 2.'' FOR FURTHER INFORMATION CONTACT: The... System (PHAS): Asset Management Transition Year 2 Information AGENCY: Office of the Assistant Secretary... by HUD under the Public Housing Management Assessment Program (PHMAP), the regulations for which are...

  7. Business modelling of strategic management by the enterprise intellectual capital

    OpenAIRE

    Zhuravleva, I.

    2009-01-01

    The article is devoted to the resource and process approach to formation of the strategic management concept by the enterprise intellectual capital. The business model of strategic management by the intellectual capital in the environment of system business-modelling Business Studio 3 is developed.

  8. An Analysis of Enterprise Risk Management and IT Effectiveness Constructs

    Science.gov (United States)

    Waithe, Errol

    2016-01-01

    One major problem many organizations are facing is balancing the risk-management practices of the organization with overall information technology (IT) effectiveness. The purpose of this non-experimental quantitative correlational study was to assess the constructs and correlations associated with enterprise risk management and IT effectiveness.…

  9. Creating a Generic Extended Enterprise Management Model using GERAM

    DEFF Research Database (Denmark)

    Larsen, Lars Bjørn; Kaas-Pedersen, Carsten; Vesterager, Johan

    1998-01-01

    The two main themes of the Globeman21 (Global Manufacturing in the 21st century) project are product life cycle management and extended enterprise management. This article focus on the later of these subjects and an illustration of the concept is given together with a discussion of the concept...

  10. [Current quality management situation and administration countermeasure study of enterprises marketing corneal contact lens].

    Science.gov (United States)

    Liu, Yungui; Yao, Ying; Shangguan, Shihao; Gu, Qun; Gao, Wuming; Chen, Yaoshui

    2014-05-01

    Study the current quality management situation of enterprises marketing corneal contact lens via systemic investigations and explore effective administration countermeasures in the future. The quality management indicators of sixty-two corneal contact lens marketing enterprises in Xuhui district of Shanghai were systematically investigated and enterprises of different operation models was compared and analyzed. Wholesale enterprises and retail chain enterprises are apparently better than independent enterprises almost in all facets. Facilitate market accession of corneal contact lens marketing enterprises, encourage the business model of retail chain, enhance supervision of corneal contact lens marketing enterprises, especially independent franchisors.

  11. Management of small and medium size enterprises as a carrier of economic growth

    Directory of Open Access Journals (Sweden)

    Ožegović Lazar

    2012-01-01

    Full Text Available Numerous studies in the world of market economy show that the share of small and medium size enterprises is constantly increasing compared to large enterprises. This does not decrease the significance of large enterprises, but the dependence between them gets larger every day. National economies which manage to find the optimal combination between small, medium size and large enterprises are more successful than the others. Management of small and medium size enterprises (SMEs in conceptual terms is similar to the process of management of large enterprises. An organization must be managed in order to function and this rule applies to small and medium size enterprises.

  12. THE ORGANIZATION OF MANAGEMENT ACCOUNTING AT SMALL ENTERPRISES IN UKRAINE

    Directory of Open Access Journals (Sweden)

    Nadiya Khocha

    2017-09-01

    Full Text Available The purpose of the research is to study the organization of managerial accounting in Ukrainian small enterprises. Methodology. The survey of management accounting is conducted by an interview with the manager/ chief accountant/financial director of small enterprises, or by sending the questionnaires to these persons via the e-mail. The sample of study includes fifty-five small enterprises of the Lviv region in different types of activities and forms of ownership. Results. Analysis of theoretical base of Ukrainian scholars and the experience of management accounting in foreign small enterprises allowed distinguishing three main stages of the study. Summarizing the results of the survey, received on the base of the questionnaire of the first stage “Information for management decision-making”, we can conclude that the main source of information for the manager in making managerial decisions are the operational reports or their combination with financial assessment; the preparation of such information is made by chief accountant (outsourcer, who submits it to the chief manager daily, once per week or month. The indicators of financial reporting, analytical information, obtained on the base of management accounting methods, as well as non-financial indicators that characterize the economic activities of a small enterprise, are the basis for managers in managerial decision-making. The results of the second stage “Practice of conducting the management accounting” show that, in order to improve the financial position of small enterprises, their managers use information derived from the application of methods of operational and strategic management accounting. However, the level of their implementation is rather low since most small entities use only one of the methods of operational and strategic management accounting. It is defined that the number of management accounting methods used by small enterprises is higher if the founders are foreign

  13. Evaluating the effectiveness of the use of fixed assets defense enterprises (by the example of JSC “Concern ‘Sozvezdie’”

    Directory of Open Access Journals (Sweden)

    A. I. Khorev

    2016-01-01

    Full Text Available Currently, the problem of sustainable development of enterprises of the Russian military-industrial complex has not only military, but economic importance. The article provides an analysis of the availability, scope, composition and structure of the basic production assets of JSC "Concern "Sozvezdie" for 2013-2015, and analysis of efficiency of use of the basic production assets in JSC "Concern "Sozvezdie" for 2013-2015. JSC "Concern "Sozvezdie" JSC approved the program of innovative development and technological modernization, the development objective of which is the proved choice of the list and content of activities, the implementation of which should ensure the development of the Concern as a scientific and industrial socio-economic system – a holistic entity. Assessment of the dynamics of the basic production assets has shown that the security of JSC "Concern "Sozvezdie" OPF for 2013-2015 increased by 89,81%. The degree of updating of production assets during the period was 50.7%. The analysis of the efficiency of the basic production assets in JSC "Concern "Sozvezdie" has shown that for every 1% increase in revenue major funds have grown by 0.65%. The rate of fondamenti decreased by 18.2%. The assessment of efficiency of use of the basic production assets of JSC "Concern "Sozvezdie" shows that the total technical re-equipment of scientific and technological, testing and production and technological base of the enterprises of the Concern is directed on creation of production capacities to ensure serial production of advanced weapons, military and special equipment in the framework of the state defense order, as the main activity of the majority of the companies of the Group, and reconstruction, the expansion and creation of production to the production of innovative civilian products.

  14. PERFORMANCE ACHIEVEMENT OF TOURISM ENTERPRISE BY IMPLEMENTING MANAGEMENT STRATEGIES

    Directory of Open Access Journals (Sweden)

    Nicolae PLATON

    2017-04-01

    Full Text Available For managerial practice it is important to know the methodology of developing a tourism business strategy, more than the theoretical concepts related to this field. The enterprise strategy is an important lever to boost and support the change of emphasis of the creative side of the organization's management. Based on these prerequisites, the author makes an overview of the need to adopt a management strategy within the enterprise, describes the defining features of the strategy in the view of some authors, classifies the strategies according to several criteria, proposes a management model specific to the tourism enterprise, carries out the comparative analysis of how to formulate and how to implement the strategy, characterizes the difficulties that arise in the process of strategy implementation.

  15. THE FORMATION OF THE RISK MANAGEMENT SYSTEMS OF THE ENTERPRISES OF REAL SECTOR OF ECONOMY

    Directory of Open Access Journals (Sweden)

    A. M. Medvedeva

    2010-01-01

    Full Text Available Enterprise risk management system as part of the whole enterprise management structure is discussed. Main risk management system parameters are described including technical assignment for development of the system.

  16. Theoretical and methodological aspects of strategic sales management of enterprise

    OpenAIRE

    Hurzhiy, N.

    2014-01-01

    In the article existing approaches to strategic management are analyzed, features and a concept of strategic sales management are defined. Also in the article there is encouraged to use processdesign approach in the implementation of strategic management. Also the principles which should be carried out by strategic management of sales activities are identified in relation to the elements of the systemsales activities, as consumers, state infrastructure software sales, competition and enterprise.

  17. The importance and role of strategic tool of balanced scorecard in diversified enterprises management

    Directory of Open Access Journals (Sweden)

    Rosić Mladen

    2014-01-01

    Full Text Available Justification of the diversification strategy is derived from the success of the corporate management of diversified companies in adding value to a portfolio of strategic business units in its composition to a greater amount than they could achieve alone or under someone else's control. Such a level of added value can be achieved by identifying and using strategic fit between strategic business units themselves or between strategic business units and corporate management. Since the strategic fits, which represent a specific interdependence relationships, in modern companies usually exist among the various forms of intangible assets, they often remain unused because they can not be easily identified. Even when we recognize the opportunities to achieve strategic fits, it is not easy to achieve them because it is often necessary coordinated action of different organizational units at different hierarchical levels. Therefore strategic tool Balanced scorecard have great importance in the management of modern diversified enterprises.

  18. Utility asset management : where you are, where you are going, knowing when you get there

    International Nuclear Information System (INIS)

    Johanson, R.G.

    2002-01-01

    Water and wastewater systems are one of the largest infrastructure assets a city can own. Cities are faced with a deteriorating infrastructure with a decreasing budget. A plan is needed to effectively manage this deterioration. New regulations and accounting requirements (CMOM - Capacity Management Operations and Management and GASB-34) are pushing utilities into asset management planning to manage their systems. An asset management plan provides a comprehensive assessment of the current condition of the utility and a projection of the cost required to meet standards of service. The capital asset management system provides a means to protect, maintain or improve the asset value of the water or sewer system (or any infrastructure) with planned maintenance and repair. (author)

  19. Utility asset management : where you are, where you are going, knowing when you get there

    Energy Technology Data Exchange (ETDEWEB)

    Johanson, R.G. [GRW Engineers, Inc., Louisville, Kentucky (United States)]. E-mail: rjohanson@grwinc.com

    2002-06-15

    Water and wastewater systems are one of the largest infrastructure assets a city can own. Cities are faced with a deteriorating infrastructure with a decreasing budget. A plan is needed to effectively manage this deterioration. New regulations and accounting requirements (CMOM - Capacity Management Operations and Management and GASB-34) are pushing utilities into asset management planning to manage their systems. An asset management plan provides a comprehensive assessment of the current condition of the utility and a projection of the cost required to meet standards of service. The capital asset management system provides a means to protect, maintain or improve the asset value of the water or sewer system (or any infrastructure) with planned maintenance and repair. (author)

  20. The Importance of Asset Allocation and Active Management for Canadian Mutual Funds

    OpenAIRE

    Zhao, Yuefeng; Zhang, Fan

    2010-01-01

    Several different factors, including asset allocation policy, active portfolio management and market movements affect the return of a mutual fund. Existing studies test the relative importance of asset allocation policy and active management in explaining the variability of performance. In this paper, we use data for the period 2000-2010 to test the factors' role in determining performance of Canadian equity funds, balanced funds and international funds. The results show that asset allocation...

  1. The 5C model: A new approach to asset integrity management

    International Nuclear Information System (INIS)

    Rahim, Yousif; Refsdal, Ingbjorn; Kenett, Ron S.

    2010-01-01

    As organizations grow more complex in operation and more global in scope, assets and technical integrity become key success factors. A company's asset integrity business process needs to be mapped in order to 1) provide a proper overview of operation and business processes, 2) identify all critical interfaces and 3) ensure that all gaps and overlaps in processes are eliminated. Achieving asset integrity requires companies to sustain their activities and identify the hazards, weaknesses and objectives of their strategic assets. Technical integrity emphasizes a complete overview of technical conditions and related information, and the ability of the companies to document the technical state of its assets. It is based on an integrated view of the current state of operations, and the identification of all critical interfaces, in order to ensure that all gaps and unnecessary overlaps in processes are eliminated. Companies look increasingly at their asset integrity management system as a means to extend the life of their assets, beyond the original design conditions and production capacity. Establishing an asset integrity management system requires the documentation of the company's technical integrity management, a strategy and the processes for carrying it out, identifying gaps; selecting corrective interventions and conducting follow up actions. The paper discusses various aspects of asset integrity management, including its planning and implementation. We begin with an introduction to asset technical integrity, provide some theoretical backgrounds, present a model we call 5C and conclude with a summary and discussion.

  2. System of business-processes management at motor-transport enterprise

    OpenAIRE

    Коgut, Y.

    2010-01-01

    The place of the system of business-processes management at motor-transport enterprise in the general system of management of the enterprise has been substantiated. The subsystems of strategic management, business-processes management of strategic orientation and current activity, processes of enterprise functioning management have been marked out. The system of motor-transport enterprise business-processes management has been formed, which, unlike the existing ones, is based on the system-cy...

  3. GE Hitachi's parts asset management solutions (PAMS)

    International Nuclear Information System (INIS)

    Varno, M.; Lancaster, K.; Detamore, B.; Dinh, H.; Danielsson, J.; Vitaback, F.

    2014-01-01

    To ensure operational excellence and improve plant reliability, GE Hitachi Nuclear Energy (GEH) has partnered with its customers to develop PARTS Asset Management Solutions (PAMS). PAMS is a comprehensive set of services that enable plants to proactively manage inventory, obtain after-market replacement parts quickly, and resolve obsolescence issues, ensuring operation of equipment is maintained. PAMS includes: - Electronics Exchange Service Program (EESP) - On-demand exchange service program for GE electronics parts that guarantees rapid shipment of parts, results in cost savings and eliminates all obsolescence risk. - Engineering Services (ES) - Service that finds replacement electronics parts for customers encountering obsolescence. - System Assessment Report (SAR) - Comprehensive, customised report for customer systems that provides all information needed to minimise part availability risk. - Inventory Management (IM) - Visual application based on OEM drawings and decades of industry operational experience that enables customers to proactively identify obsolescence and inventory management issues. - Material Solutions (MS) - Fixed price and lead time model that allows the customer to set-up blanket contracts or purchase orders for obtaining needed parts with a focus on reduced overall cycle time. This paper will provide an overview of PAMS and showcase a case study of the PAMS Digitized deployment for an existing GEH customer. (authors)

  4. Business process of reputation management of food industry enterprises

    Directory of Open Access Journals (Sweden)

    Derevianko Olena. H.

    2014-01-01

    Full Text Available The goal of the article is development of the methodical base of reputation management directed at formalisation of theoretical provisions and explanation how to organise reputation management at food industry enterprises. The article shows prospectiveness of use of the Business Process Management concept in reputation management. Using the diagram of the Reputation Management business process environment the article shows its key participants (suppliers and clients of the business process and identifies their place in formation of the enterprise reputation. It also shows that the reputation management should be considered a business process of the highest level of management. Construction of the flow structure of the Reputation Management business process allows uncovering the logic of interrelation of inlets and outlets within the framework of the specified main stages of the business process: assessment of the current state of reputation, collection of information about stakeholders, identification of PR strategy goals, planning of necessary resources, realisation of the PR strategy, assessment of efficiency and process monitoring. The article offers the flow, functional and organisational structures of the Reputation Management business process for food industry enterprises. Moreover, justification of functional and organisational structures of the Reputation Management business process gives a possibility to distribute functions of reputation management between specific executors and establish responsibility for each stage of the business process.

  5. The Evaluation of Efficiency of Production Management at Forestry Enterprise: Experience with Discriminantal and Applied Econometric Models

    Directory of Open Access Journals (Sweden)

    Pilko Andriy D.

    2017-07-01

    Full Text Available The publication is aimed at coverage of the results of a study on existing approaches to the setting and solving the task of evaluation and analysis of efficiency of management of production processes at forestry enterprises, as well as implementation and development (in line with the industry specificity of the previously proposed approach to evaluating, analyzing and forecasting the efficiency of management of the production process by means of development and application of the economic-mathematical modeling capabilities. A study on the efficiency of the production process management and the usage of enterprise’s basic production assets has been conducted with application of discriminantal and simultative econometric models. Further development of the proposed approach could provide an additional methodical basis for planning activities to improve the management of production at forestry enterprises.

  6. Research on Risk Management and Power Supplying Enterprise Control

    Science.gov (United States)

    Shen, Jianfei; Wang, Yige

    2017-09-01

    This paper derived from the background that electric power enterprises strengthen their risk management under requirements of the government. For the power industry, we explained the risk management theory, analysed current macro environment as well as basic situation, then classified and interpreted the main risks. In a case study on a power bureau, we established a risk management system based on deep understanding about the characteristics of its organization system and risk management function. Then, we focused on risks in operation as well as incorrupt government construction to give a more effective framework of the risk management system. Finally, we came up with the problems and specific countermeasures in risk management, which provided a reference for other electric power enterprises.

  7. A Risk Management Approach to Optimal Asset Allocation

    OpenAIRE

    Thomas J. Flavin; Michael R. Wickens

    2001-01-01

    This paper extends the tactical asset allocation strategy of Flavin and Wickens(1998) to incorporate the effects of macroeconomic variables in the analysis. Using a VAR in mean with a M-GARCH error structure, we can jointly model financial asset returns and macroeconomic variables, thereby exploiting any predictability in either the first- or second-order moments. Taking a set of UK\\ financial assets and the change in domestic inflation as an illustration, we find a much stronger impact on th...

  8. Assessing and interpreting the benefits derived from implementing and using asset management systems.

    Science.gov (United States)

    2011-06-23

    Interest in asset management has grown over the last two decades but agencies continue to be : concerned about the cost to develop and implement asset management processes. While originally : introduced as a tool for policy analysis, HERS-ST is free ...

  9. Management of Excess Material in the Navys Real Time Reutilization Asset Management Facilities Needs Improvement

    Science.gov (United States)

    2017-01-23

    Commands, that originally purchased the material from the command’s operational and maintenance fund. A flowchart of the RRAM material management process...streamlines business operations for financial and supply chain management . 22 SECNAVINST 4440.33A. The Navy retained excess material stored in 10 of...No. DODIG-2017-043 J A N U A R Y 2 3 , 2 0 1 7 Management of Excess Material in the Navy’s Real-Time Reutilization Asset Management Facilities

  10. Place of Budget Management in the General System of Trade Enterprise Management

    OpenAIRE

    Kravchenko Olena S.; Brahina Olha S.

    2014-01-01

    The article grounds urgency of identification of the place of budget management in the general system of trade enterprise management. It analyses points of view of economists with respect to definitions of the “budgeting” and “budget management” terms. It considers main functions of budget management. It identifies the place of budget management in the general system of enterprise management. Pursuant to definition of the budget management as a managerial technology, which should meet a numbe...

  11. Developing concept of anticrisis management of domestic enterprises

    OpenAIRE

    Ясінський, Володимир Валерійович

    2014-01-01

     In the article, going of author is considered near the individual concept of the system of antirecessionary management an enterprise. On the basis of the conducted analysis of essence and features inherent the system, on the whole, and, in particular, the author going is offered to the antirecessionary management near interpretation of concept « antirecessionary management» and  certainly it basic elements. The model of anticrisis operation of business and algorithm of its realization is dev...

  12. Management systems, control and motivation methods used at enterprises groups

    OpenAIRE

    Leugaudaitė, Dalia

    2017-01-01

    MANAGEMENT SYSTEMS, CONTROL AND MOTIVATION METHODS USED AT ENTERPRISES GROUPS 69 pages, 3 tables, 25 pictures, 39 literature references. The aim of the Master's paper is to determine the implementation impact of the motivation and controlling methods to achieve efficiency in management systems. As a result of the scientific literature analysis, the advantages and disadvantages of the management systems were selected. These statements were used for the primary survey of the initial group of co...

  13. Social enterprise in health organisation and management: hybridity or homogeneity?

    Science.gov (United States)

    Millar, Ross

    2012-01-01

    The purpose of this paper is to reflect on social enterprise as an organisational form in health organisation and management. The paper presents a critique of the underlying assumptions associated with social enterprise in the context of English health and social care. The rise of social enterprise models of service provision reflects increasingly hybrid organisational forms and functions entering the health and social care market. Whilst at one level this hybridity increases the diversity of service providers promoting innovative and responsive services, the paper argues that further inspection of the assumptions associated with social enterprise reveal an organisational form that is symbolic of isomorphic processes pushing healthcare organisations toward greater levels of homogeneity, based on market-based standardisation and practices. Social enterprise forms part of isomorphic processes moving healthcare organisation and management towards market norms". In line with the aim of the "New Perspectives section", the paper aims to present a provocative perspective about developments in health and social care, as a spur to further debate and research in this area.

  14. THE FEATURES OF INNOVATION MANAGEMENT AT UKRAINIAN AND EUROPEAN ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Yaroslav Panas

    2017-11-01

    Full Text Available The purpose of the paper is to define peculiarities of innovation management at enterprises in Ukraine and EU countries. Methodology. Based on European Innovation Scoreboard data a comparative assessment of innovation management have done through three aspects: 1 resource capacity, 2 prospects of business entities innovation activity; 3 innovation activity effectiveness. Analyse for Ukraine has done in comparison with average EU data and also with Poland and Germany. Results. In the article, the place of Ukraine in Europe by innovation development has identified. Retrospective changes of innovation development in Ukraine, Poland, Germany and EU during 2008-2015 have analysed. Despite a big gap between Ukraine and EU in terms of resource capacities and innovation activity prospects of business entities, the level of Ukrainian economy effectiveness sin innovation sector stays stable. The authors have defined substantial differences between systems of innovation management at Ukrainian and European enterprises. Taking into consideration strategic priorities of growth areas of Ukraine and also its integration in EU economy, and based on a comparison of data presented in the European Innovation Scoreboard it was possible to single out a range of discrepancies characteristic of innovation activity management system of Ukrainian and European business entities: managers at Ukrainian enterprises prefer to spend on innovations that are not connected with researches and elaborations; in Ukrainian management system there is almost no experience of cooperation with foreign partners within innovation activity sector; in European countries there are more enterprises which introduce innovation but do not develop them themselves; Ukrainian enterprises’ managers lack experience in patenting according to the international Patent Cooperation Treaty and in registering trademarks, projects and designs according to the requirements of European Union Intellectual

  15. The Strategic Association between Enterprise Content Management and Decision Support

    Science.gov (United States)

    Alalwan, Jaffar Ahmad

    2012-01-01

    To deal with the increasing information overload and with the structured and unstructured data complexity, many organizations have implemented enterprise content management (ECM) systems. Published research on ECM so far is very limited and reports on ECM implementations have been scarce until recently (Tyrvainen et al. 2006). However, the little…

  16. Leveraging Enterprise Risk Management: Opportunity for Greater Relevance

    Science.gov (United States)

    Abraham, Janice M.; Baird, Robert; Neugebauer, Frank

    2013-01-01

    Enterprise Risk Management (ERM) gained a foothold in higher education during the first decade of the 21st century. College and university governing board members came to their board service with the perspective and experience of having served on corporate boards and in corporate leadership positions where ERM was in active use. Trustees asked…

  17. Management of logistics chains of industrial enterprises in high-tech industries

    Directory of Open Access Journals (Sweden)

    Demchenko Alexander

    2017-01-01

    Full Text Available The article analyses the trends of high-tech industries development in the market globalization conditions. The economic growth of high-tech industries largely depends on technological innovations, products and equipment based on usage of the results of applied and fundamental scientific researches. It is shown that characteristics of high-tech productions influence the logistics chain structure. It justifies the importance to include partnering enterprises taking part in creation of intellectual and tangible assets in the logistic chain of the industrial enterprise. It is noted that development of production technologies contributes to formation of innovative logistic chains, which participants are enterprises cooperating for achievement of competitive power. The article offers a model of an industry logistic chain comprising the conventional logistic chain and innovative logistic chains corresponding to the industry market segments. It is proposed to use the customer value of the manufactured products as a criterion of the industrial enterprise’s logistic chains management efficiency. Implementation of the offered model of cooperation between the logistic chain participants is aimed at creation of a continuous innovations flow, reduction of technological development costs and uniting of the participants’ experience.

  18. Analysis of Human Resources Management Strategy in China Electronic Commerce Enterprises

    Science.gov (United States)

    Shao, Fang

    The paper discussed electronic-commerce's influence on enterprise human resources management, proposed and proved the human resources management strategy which electronic commerce enterprise should adopt from recruitment strategy to training strategy, keeping talent strategy and other ways.

  19. The Place of Management of Production Stocks in the Enterprise Management System

    OpenAIRE

    Kuzmin Oleh Ye.; Melnyk Olha H.; Hanas Lyubov M.; Nodzhak Lyubov S.

    2017-01-01

    The article is concerned with the definition of peculiarities of management of production stocks within the management system of enterprise. The article thoroughly researches the essence and peculiarities of the process of management of production stocks as an economic category that, unlike existing interpretations, has allowed to specify semantic and functional content of the concept. Management of production stocks of enterprise is presented as a specific function of management in the enter...

  20. Best practices in selecting performance measures and standards for effective asset management.

    Science.gov (United States)

    2011-06-01

    "This report assesses and provides guidance on best practices in performance measurement, management and standards : setting for effective Transportation Asset Management (TAM). The study is conducted through a literature review, a : survey of the 50...

  1. EFFECTIVE MANAGEMENT CONCEPT OF POWER CONSUMPTION OF INDUSTRIAL ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Vladimir A. Koksharov

    2014-01-01

    Full Text Available The article distinguishes the methodological and systematic fundamentals for the formation of energy policy of the industrial enterprise. The article performes the analysis of Russian state policy in the field of energy efficiency and conservation , which allows to identify the organizational-economic and regulatory drawbacks proving the existing contradiction between the economic interests of the state and private business in the field of energy efficiency and power supply. Author proposes and formulates the management concept of power consumption of industrial enterprise. The concept includes a number of propositions, the dynamic normal of energy efficiency and energy saving playing the key role. It is regarded as a business model of energy efficiency and energy saving that provides the implementation of both economic and energetic strategies of enterprise.

  2. Adaptive engineering management tools of enterprise economic security

    Directory of Open Access Journals (Sweden)

    G.E. Krokhicheva

    2018-06-01

    Full Text Available This paper discusses the organizational and methodological foundations and methods exploited to forecast, analyze and scale down threats and risks in the sphere of economic security, to solve the adaptation problems, to implement and to evaluate of the potency of protective measures. The object of the conducted research is associated with various economic activities of the commercial enterprises affiliated in Rostov region. A suggested model of the formation and functioning of adaptive engineering tools for managing economic security in the form of derivative balance of the enterprise resources and the sources of their formation will allow the proprietors, executive board and mana-gerial staff to obtain necessary information within the requested context regarding the enterprise vital economic interests. In addition, the paper pays attention to the methodological aspects of accounting description and estimation of the iterative achievements to meet the desired adaptation results, implemented within the framework of the described iterative algorithm aimed at ensuring strategic prediction.

  3. Improving SPAWAR PEO C4I Organizational Alignment to Better Enable Enterprise Technical Risk Management

    Science.gov (United States)

    2017-03-01

    dependency requires cross-system risk management . To this end, DOD, as well as businesses in many other industries, are turning toward enterprise...It does not address enterprise risk management . Enterprise risk management is not a new concept, originating in the mid-1990s in private industry...respective university’s business school, the concept of managing risk at an enterprise, or system-of-systems level is also taking hold in the DOD. To

  4. A probe into informatisation management in coal-fired enterprises

    International Nuclear Information System (INIS)

    Zhang Zhenghai

    2003-01-01

    Starting from an analysis of the current situation and the reason about the application of MIS in the power plant, this paper is intended to expound some new way to informatisation management and positioning of MIS in the power plant from the designer. In addition, it probes into the idea and requirement about how to update the management efficiency in the coal-fired enterprises with the informatisation technology. What is more, the ways to choose the core applied platform in the power plant according to different management methods are discussed, thus, some suggestions about how to implement the informatisation are made in and attempt to offer an informatisation management model for the coal-fired enterprises. (authors)

  5. Internal control in the management system of meat processing enterprises

    Directory of Open Access Journals (Sweden)

    Volodymyr Kushnir

    2018-03-01

    Full Text Available The article is described the theoretical basis of internal control and its practical aspects in the work of meat processing enterprises (a case in the meat processing industry in Ukraine. The purpose of the research is to establish the theoretical foundations of the internal control and its improvement in the activity of meat processing plants of various forms of management. It is proposed to use precisely internal control among other names of domestic control. Definition of internal control, its subject and purpose are improved. The subjects and objects of internal control are determined; the principles of its implementation are supplemented. Specific control tasks in meat processing plants according to the needs of this industry are outlined. Specific examples of control subjects are presented and the role of the revision commission is emphasized. The state of internal control in meat processing plants in Ukraine is investigated and it is established that it has a bad condition and unfounded approach to its implementation by managers of meat processing enterprises. To improve the situation we recommend that each meat processing enterprise have in its staff a revision commission or an apposer (auditor. It is established that internal control is more effective in joint-stock companies than in limited liability companies. The necessity of internal control as an important element in the enterprise management system is accented.

  6. THE FEATURES OF INNOVATION MANAGEMENT AT UKRAINIAN AND EUROPEAN ENTERPRISES

    OpenAIRE

    Yaroslav Panas; Solomiia Tkach

    2017-01-01

    The purpose of the paper is to define peculiarities of innovation management at enterprises in Ukraine and EU countries. Methodology. Based on European Innovation Scoreboard data a comparative assessment of innovation management have done through three aspects: 1) resource capacity, 2) prospects of business entities innovation activity; 3) innovation activity effectiveness. Analyse for Ukraine has done in comparison with average EU data and also with Poland and Germany. Results. In the articl...

  7. Management of Enterprise Profit: Theory and Methodology

    OpenAIRE

    Nadezhda Sergeevna Piontkevich

    2015-01-01

    Effective management of financial activity of commercial organization promotes achievement of the main objective of its activity – receiving profit. Both external and internal factors causing specifics of financial management of organization in the field of management of profit have impact on this process. In modern conditions of economic development this problem gains the greatest relevance, and new approaches for its decision are required. In the present article the author’s theoretical and...

  8. History of Forest Enterprise Management Development in Macedonia

    Directory of Open Access Journals (Sweden)

    Aneta Blazevska

    2013-06-01

    Full Text Available Background and Purpose: The central theme of the paper is the development of forest enterprise management in Macedonia and the adaptation to changes throughout the history. The change has become a permanent phenomenon that has to be addressed and managed appropriately in order to ensure organizational survival. Because of the changes in technology, the market place, social values and work force created a dynamic and unpredictable environment especially for those organizations who are unable to respond to the changes and adapt. Methods and Methodology: For the purpose of the research, a content analysis was applied to forest enterprises that appeared in all documents starting from 1900 to 2012. In order to increase the validity of the research and avoid any gaps, the data was divided into categories according to the meaning of the words. Hence, words with similar meanings were placed into the same categories, in order to obtain a better review of the researched phenomena. Results and Conclusions: The results showed that throughout the history there were different types of forests enterprise managements in Macedonia. According to the analysed documents, during the period of the administration after the World War II (May 1945 the first federal forest company “FESUMA” was established with the help of ASNOM (Anti-Fascist Assembly for the People’s Liberation of Macedonia and the Department of Forestry and Mining. All modifications of forests funds and legislation thereafter have influenced and provoked a lot of changes in the forest enterprise management. At the same time it is interesting to emphasize that the results obtained from the research show that in order to survive and stay competitive on the market, forest enterprises have been developing and adapting to the changes in the environment.

  9. 78 FR 37409 - Small Business Size Standards: Finance and Insurance and Management of Companies and Enterprises

    Science.gov (United States)

    2013-06-20

    ... and Insurance and Management of Companies and Enterprises AGENCY: U.S. Small Business Administration..., Finance and Insurance, and for two industries in NAICS Sector 55, Management of Companies and Enterprises..., Finance and Insurance, and in NAICS code Sector 55, Management of Companies and Enterprises, to determine...

  10. THE FEATURES OF THE MANAGEMENT INNOVATIONS ON THE DOMESTIC ENTERPRISES

    Directory of Open Access Journals (Sweden)

    O. N. Kiseleva

    2015-01-01

    Full Text Available The problem of the use of the management innovations for the increase of the management system effectiveness of the domestic enterprises is considered in the article. The topical character of the problem of increase of competitiveness of Russian enterprises in the current economic and political environment determines the need to find solutions. The implementation of these solutions will ensure a stable position on the market of the domestic producers. The innovative activity is the main direction of the guarantee of the competitiveness today. However, the production of the new products and introduction of the new production technologies are not the only solution. It is important to ensure the current management system of enterprises to the new economic conditions to achieve positive results of the innovative activity. The management innovations are the instrument of the improving the management systems effectiveness of the domestic enterprises. The introduction and the implementation of the management innovations need to begin the process of innovative development. The author picks out the distinctive features of the management innovations on the basis of the practical experience. These are: the low level of study of the problem of the non-technological forms of the innovation, the low cost of development and implementation in comparison with the cost of product and technological forms of innovation, the lack of the ability to objectively assess the effect of the introduction and implementation, the dependence on the qualities and abilities of the manager, the ability to obtain the effect in a short time. These features can "help" the dissemination of the management innovations among the domestic companies, and "slow down" the process. So, the possibility of obtaining the positive effect in a short time and the low cost will contribute to the rapid diffusion of the non-technological forms of innovation in the management system of the enterprises

  11. Systematization of Cost Factors for Cost Management at Industrial Enterprises

    Directory of Open Access Journals (Sweden)

    N. Y.

    2017-12-01

    Full Text Available Identification and structuring of factors determining the cost level has significant importance in cost analysis and control. Cost factors need to be systematized for more effective cost management. The objective of the study is to identify and structure the factors with impact on the enterprise costs. The external and internal factors with impact on the enterprise costs in industry are highlighted. For cost management purposes, it is proposed to group the cost factors into the two categories: structural and functional. The essence of structural and functional factors is shown; a classification of functional factors is given. The effect of a structural factor such as products range (complexity is illustrated. As the factor of complexity, combined with cost analysis systems and innovative tools of analysis (ABC and XYZ methods, has been increasingly in focus of analysts, three problems are described which, once dealt with, will enable ABC method to fit into the cost management system. The importance of another structural factor of costs, technology selection, in cost management is shown. The analysis allows for the following conclusions: for purposes of current cost management, including one based on operational analysis, the output needs to be addressed as the central factor determining the cost level; in the strategic perspective, an enterprise needs to concentrate on calculating the costs for the structural alternatives that are supposed to determine its competitive position; for cost management purposes, the cost factors should be broken into two categories, structural and functional; a specific management system exists for each cost factor, which is greatly important for the positioning of an enterprise.

  12. Asset Management Costs and Financial Performance of Dutch Pension Funds in 2011-2014

    NARCIS (Netherlands)

    Hollanders, David

    2016-01-01

    The costs of Dutch pension funds have increased in the last decades. The costs, as a percentage of assets invested, doubled between 1992-2009. In 2014 total costs equalled 6.3 billion euro, or 19.6% of annual contributions. Asset management is the largest component of costs. Pension funds claim that

  13. Establishment of Multidisciplinary Methodology in the Modern Industrial Enterprise Management

    Directory of Open Access Journals (Sweden)

    Dergacheva Elena

    2016-01-01

    Full Text Available The concept of an enterprise as a socio-technical system meets a wide socio-economic approach in the management of the economic complex. In accordance with this approach, a company as a product of the society develops on the basis of socio-economic patterns, supported by scientific and technical solutions. And the surrounding nature evolves on the basis of natural biological laws that does not imply interwoven links of these processes. From the field of view of researchers and managers due to the activities of the company, the deep transformation of interconnected society and nature escapes through the use of advanced productive forces, the expansion of the artificial world as a whole. Social systems recreate the technical infrastructure of an enterprise and in the wider build artificial environment - the technosphere. It helps to accelerate the innovative development of the enterprise, and also leads to the interrelated transformations in a society, a person and nature. Therefore it is necessary to expand the narrow content of the broad multidisciplinary system approach with its interpretation, to include integrative technogenic socio-natural processes into the consideration of enterprise systems. This will allow preventing negative trends and in the future - coming over to the sustainable socio-natural development.

  14. Managing Innovation and Business Development Using Enterprise Architecture

    DEFF Research Database (Denmark)

    Tambo, Torben; Bækgaard, Lars

    2011-01-01

    technologies. In management of IT, it has become increasingly popular to use Enterprise Architecture (EA) as a method and supported by a series of formal frameworks. EA maps artifacts and motives against the business strategy. In this paper, MOT and EA are reviewed for their mutual potentials and issues. Two...... of well planned technological changes. Management of technology (MOT) addresses identification, selection, (long term) planning, designing, implementation and operation of technology based business development. Information Technology (IT) is a key enabler for a vast range of contemporary corporate...... case studies illustrate how enterprises can make major changes derived from business strategy observing both MOT and EA. This suggests a combined view inspired from the IT business’ dedication to EA using EA’s formalisms and the management orientation of MOT to improve understanding technological...

  15. Knowledge asset management pertinent to information systems outsourcing

    CSIR Research Space (South Africa)

    Smuts, H

    2015-04-01

    Full Text Available Organisations have over time realised that leveraging their already accumulated knowledge assets are the most cost effective way to increase their competitive standing and to harness innovation. In choosing to outsource their information systems (IS...

  16. Risk-based asset management methodology for highway infrastructure systems.

    Science.gov (United States)

    2004-01-01

    Maintaining the infrastructure of roads, highways, and bridges is paramount to ensuring that these assets will remain safe and reliable in the future. If maintenance costs remain the same or continue to escalate, and additional funding is not made av...

  17. Architecting the Firm: Coherency and Consistency in Managing the Enterprise

    DEFF Research Database (Denmark)

    Turner, Patrick; Gøtze, John; Bernus, Peter

    2010-01-01

    Traditional Enterprise Architecture (EA) practice lacks a clear and effective governance and management layer that is easily understandable and intuitive to senior decision makers with the modern organisation. This paper uses three case studies to demonstrate the relative maturity of different EA...... practice groups within these organisations to demonstrate the strengths and weaknesses of a traditional ICT management approach versus those that include EA practice in all levels and domains of management. Concepts of Coherency Management and Pervasiveness will be used to explain the idea of a next...

  18. A process-based approach to management of the enterprise

    Directory of Open Access Journals (Sweden)

    Ryzhakina Tatiana

    2016-01-01

    Full Text Available Establishing an efficient management system is an especially pressing issue for machinery industry as a basic sector of economy in a country. The present paper considers establishing a management system oriented towards increasing enterprise value and customer satisfaction through the integration of process-based management and a Balanced Scorecard. An integrated management system enables structuring of organization processes, redesigning them with regard to external changes as well as applying a balanced scorecard connecting functional units by means of defining strategic objectives and measurable indicators detailing and controlling these objectives and thus increasing the efficiency of processes orienting an organization towards a customer.

  19. Methodical Approach to Managing Resources at an Industrial Enterprise

    Directory of Open Access Journals (Sweden)

    Antonets Olga O.

    2013-11-01

    Full Text Available The goal of the article lies in identification of optimal ways of managing material resources of an industrial enterprise on the basis of economic and mathematical modelling. In the process of analysis and systematisation of works of foreign and domestic scientists the article makes a conclusion about the insufficient degree of development of such complex solutions on formation of logistic systems of resource management, which would be simple and adaptive. The article provides results of the study of specific features of resource management at enterprises, among which – surplus (deficit of resources and availability of non-liquid reserves. In order to eliminate shortcomings the article offers a situational order of management with consideration of a possible state of reserves. The article improves the model of selection of the volume of supply of material resources and identifies optimal solutions with consideration of interval uncertainty. The further direction of the study lies in integration of the proposed approach to resource management with the system of financial planning at an industrial enterprise.

  20. Present situation and countermeasures for managing expenses of safety in production in enterprise

    International Nuclear Information System (INIS)

    Pang Liefen

    2012-01-01

    The paper introduces the evolutions concerning accountant accounting for the capital of safety in production over the recent years, and analyses the present situation and reasons for the problems existed in enterprise as for gathering expenses of safety in production, and propose the countermeasures to reinforce the management of enterprise expenses of safety in production, in order to improve the management of enterprise expenses of safety in production and to enhance the level of the management in safety for the enterprise. (author)

  1. Nuclear facilities maintenance in the core of management-advanced trend in IBM Maximo asset management applications

    International Nuclear Information System (INIS)

    Seino, Satoshi; Ujihara, Satoshi; Kikuyama, Kaoru

    2009-01-01

    European and US plant owners have attached importance to plant maintenance, such as prompt grasp of plant states, implementation of maintenance and planning of maintenance programs, as one of asset management. The US advanced trend was introduced in this feature article through the applications of IBM Maximo Asset Management for nuclear facilities maintenance. World trends of nuclear power and related problems, need of nuclear facilities management, key items for introduction of maintenance management systems, required systems for nuclear maintenance management and introduction of functions of the IBM strategic asset management solution-Maximo were described respectively. (T. Tanaka)

  2. THE ROLE OF VALUE AT RISK IN THE MANAGEMENT OF ASSET AND LIABILITIES

    Directory of Open Access Journals (Sweden)

    Petria Nicolae

    2012-12-01

    Full Text Available ALM is the management of risk at enterprise level, the models used in ALM can be static or dynamic: single period-static models, multiple period static model, single period stochastic model, multi period stochastic model. While single period-static don't incorporate the dynamic of the economical changes the multiple period-static models are an extension of the single period-static model, the most common used are multi-period stochastic which model the evolution of financial series in time and the assets and liabilities using different types of probability distributions (Student, GED. Highly correlated with ALM is the Value at Risk which can be used as and function to be minimized in ALM models. In the Value at Risk methodology the estimation models are classified as: parametric, nonparametric, semi-parametric; we present the parametric models (GARCH models used in Value at Risk and the connections that can be established between ALM models and Value at Risk. We present the Conditional Value-at-risk and offer and example on how to calculate CVaR .

  3. FEATURES MANAGEMENT OF INDUSTRIAL ENTERPRISES IN AN UNSTABLE ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Andrey Vladimirovich Velikoselsky

    2014-10-01

    Full Text Available High variability of the external and internal environment of the company determines the characteristics of the industrial enterprise management. Under these conditions, a high importance is the professionalism of the management team. The main task of the head is not only in maintaining the functioning of the production system, but also to improve and, in some cases, and the creation of new, more efficient production system. Managers involved in these tasks, it is necessary to continuously monitor requirements and adapt to changing external conditions of functioning of enterprises (units. To do this, it is advisable to use an appropriate organizational structure.In an innovative organizational structure of the functional manager is aimed at continuous development of the company and its most important part is the study of the formation and representation of staff about the goals and methods of achieving them, the development of the basic values of the personnel, the formation of organic relationships and connections, ensuring its harmonious cooperation in the development of the enterprise. In order to achieve a coherent interaction of employees needed concordance, which can significantly improve the efficiency and safety.

  4. Public-enterprise and total quality management

    DEFF Research Database (Denmark)

    Madsen, Ole Nørgaard

    1995-01-01

    Offentlige virksomheder er i stigende grad (service-) producerende og brugerorienterede. I konsekvens heraf trænger management-tankegangen (eksempelsvis TQM) ind i offentlige virksomheder, selv om der stadig er barrierer herimod. Artiklen beskriver en model for kvalitet i offentlig virksomhed og...

  5. Knowledge Management: The Bedrock of Enterprise Strategy.

    Science.gov (United States)

    Stevens, George H.; Krasner, Scott M.

    2001-01-01

    Discussion of information technology and competitive advantages in organizations focuses on the scope of knowledge management, its goals, components, and outcomes. Highlights include the relationship between effective identification and use of existing knowledge; the creation and re-use of new knowledge; and the ability of an organization to…

  6. Improving sales management of agricultural enterprises

    Directory of Open Access Journals (Sweden)

    Balko S. V.

    2016-07-01

    Full Text Available the article discusses the effective sales of agricultural products. The authors recommend the directions of improving sales management system. Moreover, the research proves that sales and production activity should be based on complex analysis and monitoring of the market conditions.

  7. Time Consistent Strategies for Mean-Variance Asset-Liability Management Problems

    Directory of Open Access Journals (Sweden)

    Hui-qiang Ma

    2013-01-01

    Full Text Available This paper studies the optimal time consistent investment strategies in multiperiod asset-liability management problems under mean-variance criterion. By applying time consistent model of Chen et al. (2013 and employing dynamic programming technique, we derive two-time consistent policies for asset-liability management problems in a market with and without a riskless asset, respectively. We show that the presence of liability does affect the optimal strategy. More specifically, liability leads a parallel shift of optimal time-consistent investment policy. Moreover, for an arbitrarily risk averse investor (under the variance criterion with liability, the time-diversification effects could be ignored in a market with a riskless asset; however, it should be considered in a market without any riskless asset.

  8. Asset Management The State of the Art in Europe from a Life Cycle Perspective

    CERN Document Server

    Herder, Paulien; Wijnia, Ype

    2012-01-01

    In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design.   This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter  focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective.

  9. Application complementarity of the knowledge management and internal marketing concepts in the aim of increasing enterprise's intellectual capital

    Directory of Open Access Journals (Sweden)

    Krstić Bojan

    2012-01-01

    Full Text Available Enterprise competitiveness in the era of knowledge economy is most directly connected to human and other intellectual resources. Managers and other employees become vital resource in the 21st century, and their knowledge is the key of creating and delivering superior value to the customers. Nowadays, they are one of the most important segments of assets without which enterprise cannot exist. Crucial question for management is how to enlarge other knowledge resources based on human resources knowledge, that is, their economically- relevant form - intellectual capital. Initial hypothesis of this paper is that, internal marketing, which has enterprise's employees in the focus, can create adequate basis for specializing and enlarging knowledge resources - intellectual resources or intellectual capital as a key factor of competitiveness in the era of knowledge economy. Knowledge management is observed as a segment of intellectual capital management process within an enterprise, with aim to direct the efficient usage of all kinds of knowledge (individual, group-team, organizational in order to create new business opportunities and successful commercialisations of products/services. The aim of this paper is to indicate that complementary application of the concept of internal marketing and the concept of knowledge management may result in synergetic effect of enlargement and specialisation of the knowledge resources - intellectual capital. In the paper we use methods of scientific observation, testing and connecting, as well as methods of analysis and synthesis. The purpose of obtained results application and conclusions from this research is to show to the enterprise management the importance of simultaneous effective application of internal marketing concept and knowledge transfer through processes and practices of knowledge management.

  10. The innovation and practice of management improved by integration management information system in nuclear enterprise

    International Nuclear Information System (INIS)

    Zhang Fan; Cheng Lihong; Li Qisheng; Ge Zhengfa

    2012-01-01

    This article expounds that Hunan Taohuajiang Nuclear Power Company generally programs the route of company's core business and implements its integration through referencing the experience of informationization construction of other enterprises at the beginning of the foundation of this company, and summarizes the experience of system construction and analyses the innovation and signification of the integrative management information system to the nu- clear power enterprise management from data unified, resources sharing and business electronic and the management improvement of this company. (authors)

  11. Risk management as a modern sustainable development of the enterprise management tool

    Directory of Open Access Journals (Sweden)

    Aikhel K.V.

    2017-01-01

    Full Text Available Actively embedding in the international market processes, domestic industrial enterprises improve their management tools to create competitive structures. Spread one of the modern approaches to Business Engineering defines risk management as the starting point of building processes of the company. Adapting the method of analyzing hierarchies for quantitative risk assessment will increase the efficiency for the implementation of the new management approach, taking into account the existing time limits and the initial data, which in turn will ensure the stability of enterprises operations in the face of uncertainty. From the point of view of prospect of development, stability of the modern enterprises is also reflection of their competitiveness.

  12. Knowledge management and Discovery for advanced Enterprise Knowledge Engineering

    OpenAIRE

    Novi, Daniele

    2014-01-01

    2012 - 2013 The research work addresses mainly issues related to the adoption of models, methodologies and knowledge management tools that implement a pervasive use of the latest technologies in the area of Semantic Web for the improvement of business processes and Enterprise 2.0 applications. The first phase of the research has focused on the study and analysis of the state of the art and the problems of Knowledge Discovery database, paying more attention to the data mining systems. Th...

  13. Enterprise SRS: leveraging ongoing operations to advance radioactive waste management technologies

    International Nuclear Information System (INIS)

    Murray, Alice M.; Wilmarth, William; Marra, John E.

    2013-01-01

    The Savannah River Site (SRS) is re-purposing its vast array of assets to solve future national issues regarding environmental stewardship, national security, and clean energy. The vehicle for this transformation is Enterprise SRS which presents a new, strategic view of SRS as a united endeavor for 'all things nuclear' as opposed to a group of distinct and separate entities with individual missions and organizations. Key among the Enterprise SRS strategic initiatives is the integration of research into facilities in conjunction with ongoing missions to provide researchers from other national laboratories, academic institutions, and commercial entities the opportunity to demonstrate their technologies in a relevant environment and scale prior to deployment. To manage that integration of research demonstrations into site facilities, The DOE Savannah River Operations Office, Savannah River Nuclear Solutions, and the Savannah River National Laboratory (SRNL) have established a center for applied nuclear materials processing and engineering research (hereafter referred to as the Center). The key objective of this initiative is to bridge the gap between promising transformational nuclear materials management advancements and large-scale deployment of the technology by using SRS assets (e.g. facilities, staff, and property) for those critical engineering-scale demonstrations necessary to assure the successful deployment of new technologies. The Center will coordinate the demonstration of R and D technologies and serve as the interface between the engineering-scale demonstration and the R and D programs, essentially providing cradle-to-grave support to the R and D team during the demonstration. While the initial focus of the Center will be on the effective use of SRS assets for these demonstrations, the Center also will work with research teams to identify opportunities to perform R and D demonstrations at other facilities. Unique to this approach is the fact

  14. [Quantitative classification-based occupational health management for electroplating enterprises in Baoan District of Shenzhen, China].

    Science.gov (United States)

    Zhang, Sheng; Huang, Jinsheng; Yang, Baigbing; Lin, Binjie; Xu, Xinyun; Chen, Jinru; Zhao, Zhuandi; Tu, Xiaozhi; Bin, Haihua

    2014-04-01

    To improve the occupational health management levels in electroplating enterprises with quantitative classification measures and to provide a scientific basis for the prevention and control of occupational hazards in electroplating enterprises and the protection of workers' health. A quantitative classification table was created for the occupational health management in electroplating enterprises. The evaluation indicators included 6 items and 27 sub-items, with a total score of 100 points. Forty electroplating enterprises were selected and scored according to the quantitative classification table. These electroplating enterprises were classified into grades A, B, and C based on the scores. Among 40 electroplating enterprises, 11 (27.5%) had scores of >85 points (grade A), 23 (57.5%) had scores of 60∼85 points (grade B), and 6 (15.0%) had scores of electroplating enterprises is a valuable attempt, which is helpful for the supervision and management by the health department and provides an effective method for the self-management of enterprises.

  15. FORMING ECONOMIC AMBIENCE OF THE BUILDING ENTERPRISE AND THEIR INFLUENCE UPON HIS (ITS BEHAVIOUR MANAGEMENT

    Directory of Open Access Journals (Sweden)

    I. SH. Kurbanov

    2013-01-01

    Full Text Available The problems of behavior management building enterprise are considered in sloppy problemsolvingambience. Happen to the different regularities of the interaction factor problem-solving ambience and their influence upon behavior of the building enterprise.

  16. Capacity Management as a Service for Enterprise Standard Software

    Directory of Open Access Journals (Sweden)

    Hendrik Müller

    2017-12-01

    Full Text Available Capacity management approaches optimize component utilization from a strong technical perspective. In fact, the quality of involved services is considered implicitly by linking it to resource capacity values. This practice hinders to evaluate design alternatives with respect to given service levels that are expressed in user-centric metrics such as the mean response time for a business transaction. We argue that utilized historical workload traces often contain a variety of performance-related information that allows for the integration of performance prediction techniques through machine learning. Since enterprise applications excessively make use of standard software that is shipped by large software vendors to a wide range of customers, standardized prediction models can be trained and provisioned as part of a capacity management service which we propose in this article. Therefore, we integrate knowledge discovery activities into well-known capacity planning steps, which we adapt to the special characteristics of enterprise applications. Using a real-world example, we demonstrate how prediction models that were trained on a large scale of monitoring data enable cost-efficient measurement-based prediction techniques to be used in early design and redesign phases of planned or running applications. Finally, based on the trained model, we demonstrate how to simulate and analyze future workload scenarios. Using a Pareto approach, we were able to identify cost-effective design alternatives for an enterprise application whose capacity is being managed.

  17. Work-related stress management by Finnish enterprises.

    Science.gov (United States)

    Kinnunen-Amoroso, Maritta; Liira, Juha

    2014-01-01

    Work-related stress has become one of the major problems in working societies and it increases employees' risk of disease. Its importance has been emphasized also due to its' great socio-economic consequences. Different stress management and worksite interventions have been implemented, however, the actual practices in companies have been assessed little. The purpose of this study was to examine how enterprises in Finland manage work-related stress. An assessment of work-related stress methods was conducted in 40 enterprises acting in the metropolitan area of Finland in May 2010 by a questionnaire. The concept of work-related stress was well known by participants. Enterprises rarely had their own work-related stress management protocol even though all of the workplaces had experienced work-related stress at some point. The collaboration between the workplace and occupational health services varied. Companies easily placed the responsibility for work-related stress assessment and handling on occupational health services. Workplaces have to pay more attention to work-related stress and related issues. The easiest way to do this is to collaborate with occupational health services. Protocols for collaboration should be developed jointly using the available models which have been established as cost-effective.

  18. Enterprise risk management: A process for enhanced management and improved performance

    OpenAIRE

    Gates , Stephen; Nicolas , Jean-Louis; Walker , Paul L.

    2012-01-01

    Some company boards of directors and management teams are still reluctant to embrace enterprise risk management (ERM) because of the uncertainty regarding its value to the bottom line. A survey of audit and risk management executives suggests that the use of ERM leads to increased management consensus, better-informed decisions, enhanced communication of risk taking, and greater management accountability.

  19. Asset management as a strategic decision-making tool in DelDOT.

    Science.gov (United States)

    2008-10-01

    Asset management has been receiving greater attention at both the state and national : levels. Escalating demands by the public for increased accountability, aging : infrastructure, increasingly constrained resources, new funding challenges, and incr...

  20. USMA Study of the Residential Communities Initiative (RCI) Portfolio and Asset Management (PAM)

    National Research Council Canada - National Science Library

    Powell, Robert; Parnell, Gregory; Driscoll, Patrick J; Boylan, Gregory; Evans, Daniel; Underwood, Thaddeus; Moten, Margaret

    2006-01-01

    ...) Portfolio and Asset Management (PAM) program and provide an independent assessment of the adequacy of the Army's RCI PAM program in achieving its intended objectives across all domains and all phases of the program...

  1. Best practices in geographic information systems-based transportation asset management

    Science.gov (United States)

    2012-01-31

    This report provides background on GIS and asset management, describes how public agencies have been integrating the two, and identifies benefits and challenges to doing so. The information presented is gleaned from a literature review and interviews...

  2. Compendium of best practice and innovation in asset management of water services infrastructure

    CSIR Research Space (South Africa)

    Bhagwan, J

    2008-05-01

    Full Text Available As part of a water services infrastructure asset management best practice and innovation initiative of the Global Water Research Coalition (GWRC), the Water Research Commission (WRC) agreed to contribute a selection of ten South African best...

  3. Artificial-intelligence-based optimization of the management of snow removal assets and resources.

    Science.gov (United States)

    2002-10-01

    Geographic information systems (GIS) and artificial intelligence (AI) techniques were used to develop an intelligent : snow removal asset management system (SRAMS). The system has been evaluated through a case study examining : snow removal from the ...

  4. A multi-objective sustainable model for transportation asset management practices : final report.

    Science.gov (United States)

    2015-12-01

    Transportation Asset Management (TAM) practices has gained popularity in the United States and worldwide with the aim to provide the required level of service for the transportation infrastructure network in the most cost-effective manner. However, T...

  5. 77 FR 2297 - Office of Asset and Transportation Management; Privately Owned Vehicle Mileage Reimbursement Rates

    Science.gov (United States)

    2012-01-17

    ... of Asset and Transportation Management; Privately Owned Vehicle Mileage Reimbursement Rates AGENCY... Bulletin 12-02, Calendar Year (CY) 2012 Privately Owned Vehicle Mileage Reimbursement Rates. SUMMARY: The General Services Administration's (GSA) annual privately owned vehicle (POV) mileage reimbursement rate...

  6. Rule-Based Analytic Asset Management for Space Exploration Systems (RAMSES), Phase I

    Data.gov (United States)

    National Aeronautics and Space Administration — Currently, the state-of-the-art in space asset tracking and information management is bar-coding with relational database support. To support NASA's need for...

  7. Rule-Based Analytic Asset Management for Space Exploration Systems (RAMSES), Phase II

    Data.gov (United States)

    National Aeronautics and Space Administration — Payload Systems Inc. (PSI) and the Massachusetts Institute of Technology (MIT) were selected to jointly develop the Rule-based Analytic Asset Management for Space...

  8. The Model of Information Support for Management of Investment Attractiveness of Machine-Building Enterprises

    Directory of Open Access Journals (Sweden)

    Chernetska Olga V.

    2016-11-01

    Full Text Available The article discloses the content of the definition of “information support”, identifies basic approaches to the interpretation of this economic category. The main purpose of information support for management of enterprise investment attractiveness is determined. The key components of information support for management of enterprise investment attractiveness are studied. The main types of automated information systems for management of the investment attractiveness of enterprises are identified and characterized. The basic computer programs for assessing the level of investment attractiveness of enterprises are considered. A model of information support for management of investment attractiveness of machine-building enterprises is developed.

  9. Enterprise Information Management with Plone Portals

    Directory of Open Access Journals (Sweden)

    Marcello Peixoto Bax

    2009-05-01

    Full Text Available The article shows that it is possible to implement a corporate portal using open source software, in an integrated manner with the proprietary MS Windows environment. As it is the real scenario in the vast majority of businesses and organizations today, a portal that meets these specific requirements is highly representative, mainly because MS Windows integration in the client environment (not in the server is not trivial for an open source portal. The paper shows that, by deploying a portal in this context the company considerably moves forward regarding information management. To show this, the article focuses on the key positive aspects arising from the deployment of a intranet / extranet portal in that context, i.e., MS Windows integration; editing with MS Office or other similar applications; shared editing control (with check-in and check-out; universal web access; and the use of metadata and workflow.

  10. Energy management оf industrial enterprise

    Directory of Open Access Journals (Sweden)

    Lyaskovskaya E.A.

    2017-01-01

    Full Text Available In the intensifying condition of economic situation and increasing competitiveness in domestic and foreign markets, the most important way to develop competitive ability of an industrial company is to reduce energy costs in the production process. Insufficient level of the efficiency of energy resources usage affects an industrial company’s performance indicators and its investment attractiveness. A promising way of solving this matter is to develop and implement a strategy of rational energy consumption, which is aimed at the realization of company’s potential to optimize the consumption of electric energy by using internal and external resources in order to minimize energy costs. The strategy of rational energy consumption defines how an industrial company acquires electric energy and uses it to sustain the production. While developing and implementing the strategy, one should use a systemic and complex way and consider the following: peculiarities of electric energy and power as products; the structure of electric energy market and the possibilities of its consumers; peculiarities of price-formation on electric energy market; technical and technological, organizational and administrative, social and economic parameters of a company, characteristic features of its resource potential and production processes; the results of company’s energy efficiency audit and energy problems; company’s reserves that can increase its energy efficiency. An integral strategy of energy consumption includes a strategy for energy preservation and efficiency and a strategy for energy costs management. Both strategies are interrelated and serve for one purpose, which is minimizing the energy costs. This division helps simplify the analysis, search for alternatives and realization of energy management on operative, tactical and strategic levels, considering the regional and industry-specific peculiarities of an industrial company, its financial performance and

  11. Formation and Use of Stress Management Systems in Enterprises

    Directory of Open Access Journals (Sweden)

    Honchar Mykhailo F.

    2017-12-01

    Full Text Available In the article there developed a typology of factors of forming and using stress management systems in enterprises that implies their division into factors of direct and indirect impact. The first group includes the factor of the management system as a whole, competence of the staff, information support, goals and tasks of stress management, temporary orientation of systems of stress management and its object. In turn, the factors of indirect impact include the level and scale of the enterprise’s activities, stability of the functioning environment, organizational culture, psychological management features, organizational communications, stakeholder interests, social responsibility, and corporate image. Knowledge and understanding of such factors contributes to a more thorough diagnosis of processes within these systems, as well as selection of an adequate model of managerial behavior. In addition, the results provide an opportunity to optimize the parameters of stress management systems based on identification of the level of influence of each of these factors. It is concluded that most of the factors in forming and using stress management systems in enterprises are those that are purposefully exposed to influence on the part of the organization, for example, by making decisions, attracting additional resources, increasing the competence of the staff, reviewing the terms of contracts with partners, changing methods of performing work, etc. This is due to the fact that most of the factors considered are factors of the internal environment.

  12. Asset Management Recovery after the Disater: State of Knowledge

    OpenAIRE

    Sapri Maimunah; Abd Razak Siti Mariyam

    2016-01-01

    Asset, infrastructure and business can be destroyed in a split seconds. It only takes a minute for natural disasters such as flood, hurricane and others to happen that will stop the business process and destroying the business as well as their assets. Late response towards the disaster will bring disastrous impact not only to the people but also the social and economic of the impacted people and area. It is therefore important for the organization to ensure speedy recovery of the disaster’s i...

  13. A dynamic decision model for portfolio investment and assets management

    Institute of Scientific and Technical Information of China (English)

    QIAN Edward Y.; FENG Ying; HIGGISION James

    2005-01-01

    This paper addresses a dynamic portfolio investment problem. It discusses how we can dynamically choose candidate assets, achieve the possible maximum revenue and reduce the risk to the minimum level. The paper generalizes Markowitz's portfolio selection theory and Sharpe's rule for investment decision. An analytical solution is presented to show how an institutional or individual investor can combine Markowitz's portfolio selection theory, generalized Sharpe's rule and Value-at-Risk(VaR) to find candidate assets and optimal level of position sizes for investment (dis-investment). The result shows that the generalized Markowitz's portfolio selection theory and generalized Sharpe's rule improve decision making for investment.

  14. A thought on enterprise knowledge management from the document management's point of view

    International Nuclear Information System (INIS)

    Wu Kaiping; Liu Shanyong

    2010-01-01

    As an important innovation of modern management concept, Knowledge Management has been applied in fields as enterprise management and government administration, and has become an important development direction of document management. However, KM currently is still in an embarrassing position in China. As a modern management concept, KM has to exert its function sufficiently by using modern technology. To implement enterprise KM strategy successfully, we need to evaluate enterprise's strategic objectives, organization, system, technology, personnel, capital, work flow, knowledge flow, culture and so on exactly and roundly, to persist in the humanity-based principle, to find out the factors that block the implantation of enterprise KM, to define the objectives of enterprise KM, and accordingly, to formulate corresponding implementation plan and strategy, and to chose appropriate KM tools, etc. From the document management's point of view, KM concept could and should be integrated with digital library and digital archives to construct digital library/digital archives of knowledge management type; to find out the breakthrough of KM and to do the basic jobs of KM well, that includes integrating all kinds of literature resources efficiently, improving the document management level, and constructing different kinds of enterprise knowledge repositories according to user's requirement. (authors)

  15. The Application of Long Term Asset Management (LTAM) Strategy of KHNP

    International Nuclear Information System (INIS)

    Boo, Myung Hwan; Park, Young Sheop

    2007-01-01

    In KHNP, 20 units of Nuclear Power Plants (NPP) are operating and 6 units are under construction. As increase of the number of power plants and operating year, it is needed to develop the integrated cost-effective asset management. Long Term Asset Management (LTAM) strategy is the process by which the nuclear power plants integrate operations, maintenance, engineering, regulatory, and economic planning activities. This paper introduces the application of LTAM strategy of nuclear power plants

  16. A block chain based architecture for asset management in coalition operations

    Science.gov (United States)

    Verma, Dinesh; Desai, Nirmit; Preece, Alun; Taylor, Ian

    2017-05-01

    To support dynamic communities of interests in coalition operations, new architectures for efficient sharing of ISR assets are needed. The use of blockchain technology in wired business environments, such as digital currency systems, offers an interesting solution by creating a way to maintain a distributed shared ledger without requiring a single trusted authority. In this paper, we discuss how a blockchain-based system can be modified to provide a solution for dynamic asset sharing amongst coalition members, enabling the creation of a logically centralized asset management system by a seamless policy-compliant federation of different coalition systems. We discuss the use of blockchain for three different types of assets in a coalition context, showing how blockchain can offer a suitable solution for sharing assets in those environments. We also discuss the limitations in the current implementations of blockchain which need to be overcome for the technology to become more effective in a decentralized tactical edge environment.

  17. 2nd International Conference on Digital Enterprise Design and Management

    CERN Document Server

    Krob, Daniel; Lonjon, Antoine; Panetto, Hervé

    2014-01-01

    This book contains all refereed papers that were accepted to the second edition of the « Digital Enterprise Design & Management » (DED&M 2014) international conference that took place in Paris (France) from February 4 to February 5, 2014 . These proceedings cover the most recent trends in the emerging field of Digital Enterprise, both from an academic and a professional perspective. A special focus is put on digital uses, digital strategies, digital infrastructures and digital governance from an Enterprise Architecture point of view. The DED&M 2014 conference is organized under the guidance of the Center of Excellence on Systems Architecture, Management, Economy and Strategy  and benefits from the supports of both the Orange – Ecole Polytechnique – Télécom ParisTech “Innovation and Regulation” Chair and the Dassault Aviation – DCNS – DGA – Thales – Ecole Polytechnique – ENSTA ParisTech – Télécom ParisTech  “Complex Systems Engineering” Chair.  .

  18. Final report on the maintenance asset management project : phase I.

    Science.gov (United States)

    2012-07-01

    This project resulted in the development of a proof of concept for a features inventory process to be used by field staff. The resulting concept is adaptable for different asset classes (e.g. culverts, guardrail) and able to leverage existing DOT res...

  19. A mobile information management system used in textile enterprises

    Science.gov (United States)

    Huang, C.-R.; Yu, W.-D.

    2008-02-01

    The mobile information management system (MIMS) for textile enterprises is based on Microsoft Visual Studios. NET2003 Server, Microsoft SQL Server 2000, C++ language and wireless application protocol (WAP) and wireless markup language (WML) technology. The portable MIMS is composed of three-layer structures, i.e. showing layer; operating layer; and data visiting layer corresponding to the port-link module; processing module; and database module. By using the MIMS, not only the information exchanges become more convenient and easier, but also the compatible between the giant information capacity and a micro-cell phone and functional expansion nature in operating and designing can be realized by means of build-in units. The development of MIMS is suitable for the utilization in textile enterprises.

  20. A mobile information management system used in textile enterprises

    Energy Technology Data Exchange (ETDEWEB)

    Huang, C-R; Yu, W-D [College of Textiles, Donghua University, 1882 west Yan-an Road, Shanghai 200051 (China)], E-mail: wdyu@dhu.edu.cn

    2008-02-15

    The mobile information management system (MIMS) for textile enterprises is based on Microsoft Visual Studios. NET2003 Server, Microsoft SQL Server 2000, C{sup ++} language and wireless application protocol (WAP) and wireless markup language (WML) technology. The portable MIMS is composed of three-layer structures, i.e. showing layer; operating layer; and data visiting layer corresponding to the port-link module; processing module; and database module. By using the MIMS, not only the information exchanges become more convenient and easier, but also the compatible between the giant information capacity and a micro-cell phone and functional expansion nature in operating and designing can be realized by means of build-in units. The development of MIMS is suitable for the utilization in textile enterprises.

  1. A mobile information management system used in textile enterprises

    International Nuclear Information System (INIS)

    Huang, C-R; Yu, W-D

    2008-01-01

    The mobile information management system (MIMS) for textile enterprises is based on Microsoft Visual Studios. NET2003 Server, Microsoft SQL Server 2000, C ++ language and wireless application protocol (WAP) and wireless markup language (WML) technology. The portable MIMS is composed of three-layer structures, i.e. showing layer; operating layer; and data visiting layer corresponding to the port-link module; processing module; and database module. By using the MIMS, not only the information exchanges become more convenient and easier, but also the compatible between the giant information capacity and a micro-cell phone and functional expansion nature in operating and designing can be realized by means of build-in units. The development of MIMS is suitable for the utilization in textile enterprises

  2. Management Control in Enterprise System Enabled Organizations: A Literature Review

    DEFF Research Database (Denmark)

    Rikhardsson, Pall M.; Rohde, C.; Rom, A.

    2006-01-01

    The objective of this paper is to add to the limited body of knowledge on the relationship between enterprise systems (ES) and management control. Based on a literature review, we describe and classify studies that empirically address this relationship. Apart from not being extensive, the research...... done so far primarily addresses the relationship between management control and ES based on a limited number of methodologies and approaches. We argue that there seems to be a need for more research done from functionalistic and critical perspectives, as well which employs a greater variety...

  3. Business process management in sustainable property/asset management by using the TotalObserver

    Directory of Open Access Journals (Sweden)

    Milosavljević Boško B.

    2012-01-01

    Full Text Available The use of software became of great importance for successful facility and property management worldwide, because of its possibilities for generating savings in multiple areas and not just in operational areas and improving business processes. This paper displays the growing facility and property management market in Serbia and the software TotalObserver as a solution for the emerging problems for this market. Case studies and operational use of TotalObserver confirmed that significant savings can be generated by using software for asset management.

  4. Decision-Oriented Project Ranking for Asset Management System: Rail Net Denmark

    DEFF Research Database (Denmark)

    Salling, Kim Bang; Moshøj, Claus Rehfeld; Timm, Henrik

    2007-01-01

    is to apply a modified project ranking methodology: Asset Management System Priority Module (AMS-PM), which is a practical tool for assessing and ranking various project proposals in a straightforward manner. The methodology is set-out by a multi-criteria approach where weights are applied ultimately...... resulting in priority indices for the state-of-repair data. This paper is disposed as follows; firstly, a description of the Asset Management system is set-up including an overview of the state-of-repair data and the case study. Secondly, is the AMS-PM software model implemented through an exploratory case......The Danish rail net operator, Rail Net Denmark, has through the past years built up an Asset Management system, containing a certain percentile of all the company’s assets. This paper contains an elaborate overview on how to strengthen the system seen from a decision-support perspective. The focus...

  5. A pathway to a more sustainable water sector: sustainability-based asset management.

    Science.gov (United States)

    Marlow, D R; Beale, D J; Burn, S

    2010-01-01

    The water sectors of many countries are faced with the need to address simultaneously two overarching challenges; the need to undertake effective asset management coupled with the broader need to evolve business processes so as to embrace sustainability principles. Research has thus been undertaken into the role sustainability principles play in asset management. As part of this research, a series of 25 in-depth interviews were undertaken with water sector professionals from around Australia. Drawing on the results of these interviews, this paper outlines the conceptual relationship between asset management and sustainability along with a synthesis of the relevant opinions voiced in the interviews. The interviews indicated that the participating water authorities have made a strong commitment to sustainability, but there is a need to facilitate change processes to embed sustainability principles into business as usual practices. Interviewees also noted that asset management and sustainability are interlinked from a number of perspectives, especially in the way decision making is undertaken with respect to assets and service provision. The interviews also provided insights into the research needed to develop a holistic sustainability-based asset management framework.

  6. Proposal of a referential Enterprise Architecture management framework for companies

    Directory of Open Access Journals (Sweden)

    César Esquetini Cáceres

    2014-12-01

    Full Text Available (Received: 2014/11/26 - Accepted: 2014/12/17Enterprise Architecture (EA is conceived nowadays as an essential management activity to visualize and evaluate the future direction of a company. The objective of this paper is to make a literature review on EA to evaluate its role as management tool. It is also explained how EA can fulfill two fundamental purposes, first as a tool for assessing the current situation (self-assessment of an organization; second as a tool to model and simulate future scenarios that allow better decision making for the restructuration and development of improvement plans. Furthermore an analysis is made of the integration possibilities of EA with other business management methodologies, as balanced score card (BSC and the model of the European Foundation for Quality Management (EFQM. As the result a management framework is presented, which includes the required elements to achieve excellence and quality standards in organizations.

  7. Real-Time Location Systems for Asset Management in Nursing Homes: An Explorative Study of Ethical Aspects

    Directory of Open Access Journals (Sweden)

    J. van Hoof

    2018-04-01

    Full Text Available Real-time location systems (RTLS can be implemented in aged care for monitoring persons with wandering behaviour and asset management. RTLS can help retrieve personal items and assistive technologies that when lost or misplaced may have serious financial, economic and practical implications. Various ethical questions arise during the design and implementation phases of RTLS. This study investigates the perspectives of various stakeholders on ethical questions regarding the use of RTLS for asset management in nursing homes. Three focus group sessions were conducted concerning the needs and wishes of (1 care professionals; (2 residents and their relatives; and (3 researchers and representatives of small and medium-sized enterprises (SMEs. The sessions were transcribed and analysed through a process of open, axial and selective coding. Ethical perspectives concerned the design of the system, the possibilities and functionalities of tracking, monitoring in general and the user-friendliness of the system. In addition, ethical concerns were expressed about security and responsibilities. The ethical perspectives differed per focus group. Aspects of privacy, the benefit of reduced search times, trust, responsibility, security and well-being were raised. The main focus of the carers and residents was on a reduced burden and privacy, whereas the SMEs stressed the potential for improving products and services.

  8. Place of Budget Management in the General System of Trade Enterprise Management

    Directory of Open Access Journals (Sweden)

    Kravchenko Olena S.

    2014-01-01

    Full Text Available The article grounds urgency of identification of the place of budget management in the general system of trade enterprise management. It analyses points of view of economists with respect to definitions of the “budgeting” and “budget management” terms. It considers main functions of budget management. It identifies the place of budget management in the general system of enterprise management. Pursuant to definition of the budget management as a managerial technology, which should meet a number of requirements, which would be determined by specific features of enterprise practical activity, the article identifies its main principles. It groups principles of budget management in accordance with the functions it performs.

  9. 77 FR 60732 - PACE Select Advisors Trust and UBS Global Asset Management (Americas) Inc.; Notice of Application

    Science.gov (United States)

    2012-10-04

    ....; Institutional Capital, LLC; J.P. Morgan Investment Management, Inc.; Kayne Anderson Rudnick Investment...; Standish Mellon Asset Management Company, LLC; Systematic Financial Management, L.P.; Wellington Management... Select Advisors Trust and UBS Global Asset Management (Americas) Inc.; Notice of Application September 27...

  10. Construction of the enterprise content management system in nuclear power plants

    International Nuclear Information System (INIS)

    Cai Canyin; Wu Jiangang

    2013-01-01

    Data has gradually become a strategic resource to achieve enterprise sustainable development, improve decision-making level and innovation ability. Enterprise data, characterized by diversity of source and complexity of type, expand rapidly. The structured data processed by the traditional relation database management system (RDBMS) account for only 15% of the total information data worldwide. However, the rest 85% of the world's information data are unstructured, including paper documents, reports, video and audio files. How to manage these unstructured information has become a big problem for traditional structured data management. The enterprise content management system is an effective way to solve this problem. This paper analyses the present situation of some of domestic nuclear power enterprise content management system, makes suggestions on selection of enterprise content management system, discusses the practical application of the enterprise content management system in a nuclear power plant. (authors)

  11. Building a Model for Optimization of Informational-Analytical Ensuring of Cost Management of Industrial Enterprise

    Directory of Open Access Journals (Sweden)

    Lisovskyi Ihor V

    2015-09-01

    Full Text Available The article examines peculiarities of building a model of informational-analytical optimization of cost management. The main sources of information together with approaches to cost management of industrial enterprises have been identified. In order to ensure the successful operation of enterprise in the conditions of growing manifestations of crisis, a continuous improving of the system for enterprise management along with the most important elements, which are necessary for its normal functioning, should be carried out. One of these so important elements are costs of enterprise. Accordingly, for an effective cost management, the most appropriate management approaches and tools must be used, based on a proper informational-analytical support of all processes. The article proposes an optimization model of informationalanalytical ensuring of cost management of industrial enterprises, which will serve as a ground for more informed and economically feasible solutions. A combination of best practices and tools to improve the efficiency of enterprise management has been proposed

  12. 1st international conference on digital enterprise design and management

    CERN Document Server

    Krob, Daniel; Rowe, Frantz

    2013-01-01

    This book contains all refereed papers that were accepted to the first edition of the « Digital Enterprise Design & Management » (DED&M 2013) international conference that took place in Paris (France) from February 12 to February 13, 2013. (Website: http://www.dedm2013.dedm.fr/) These proceedings cover the most recent trends in the emerging field of Digital Enterprise, both from an academic and a professional perspective. A special focus is put on digital uses, digital strategies, digital infrastructures and digital governance from an Enterprise Architecture point of view. The DED&M 2013 conference is organized under the guidance of the CESAMES non profit organization (http://www.cesames.net/). and benefits from the support of the "Innovation and Regulation of Digital Services" Chair (Orange, Ecole Polytechnique and Telecom ParisTech) and of the "Complex Systems Engineering" Chair (Dassault Aviation - DCNS - DGA - Thales - Ecole Polytechnique - ENSTA ParisTech – Telecom ParisTech).

  13. Guidelines for Inter-Enterprise Management (IEM), GLOBEMEN Deliverable D23

    DEFF Research Database (Denmark)

    Tølle, Martin; Vesterager, Johan

    2002-01-01

    This document is a deliverable of Work package 2 of the IMS Globemen (GMN) project: D23 Guidelines for Inter-Enterprise Management (IEM). IMS Globemen is an inter-regional project aiming to develop methods, tools and architectures to support inter-enterprise operations in one-of-kind industries......-Project, the developed solution for Inter-Enterprise Management. The structure of the deliverable is as follows: - Chapter 1 introduces the guidelines and outlines the structure of the deliverable - Chapter 2 defines key terms along with a list of acronyms used in the deliverable - Chapter 3 gives a general introduction...... for inter-enterprise management (IEM). - Chapter 5 contains the actual Guidelines The chapter contains guidelines for how to prepare enterprise network in being able to set up and manage virtual enterprises. The section consists of a set of activities an enterprise should/could consider when preparing...

  14. Northeast Waste Management Enterprise (NEWME) 1996 annual/final report

    International Nuclear Information System (INIS)

    Goland, A.; Kaplan, E.; Palmedo, P. Wortman, J.

    1997-01-01

    The Northeast Waste Management Enterprise was created in response to Dr. Clyde Frank's vision of a new partnership between research, industrial, and financial sectors, with the goal of speeding development and use (particularly at U.S. Department of Energy [DOE] facilities) of environmental remediation technologies. It was anticipated that this partnership would also strengthen the international competitiveness of the U.S. environmental industry. Brookhaven National Laboratory's (BNL) response to Dr. Frank was a proposal to create the Northeast Waste Management Alliance, later renamed the Northeast Waste Management Enterprise (NEWME). Recognizing the need to supplement its own technical expertise with acumen in business, financial management, and venture capital development, BNL joined forces with the Long Island Research Institute (LIRI). Since its inception at the end of FY 1993, NEWME has achieved several significant accomplishments in pursuing its original business and strategic plans. However, its successes have been constrained by a fundamental mismatch between the time scales required for technology commercialization, and the immediate need for available environmental technologies of those involved with ongoing environmental remediations at DOE facilities

  15. Risk Management of Assets Dependency Based on Copulas Function

    Directory of Open Access Journals (Sweden)

    Cheng Lei

    2017-01-01

    Full Text Available As the two important form of financial market, the risk of financial securities, such as stocks and bonds, has been a hot topic in the financial field; at the same time, under the influence of many factors of financial assets, the correlation between portfolio returns causes more research. This paper presents Copula-SV-t model that it uses SV-t model to measure the edge distribution, and uses the Copula-t method to obtain the high-dimensional joint distribution. It not only solves the actual deviation with using the ARCH family model to calculate the portfolio risk, but also solves the problem to overestimate the risk with using extreme value theory to study financial risk. Through the empirical research, the conclusion shows that the model describes better assets and tail characteristics of assets, and is more in line with the reality of the market. Furthermore, Empirical evidence also shows that if the portfolio is relatively large degree of correlation, the ability to disperse portfolio risk is relatively weakness.

  16. Integrating Environmental and Information Systems Management: An Enterprise Architecture Approach

    Science.gov (United States)

    Noran, Ovidiu

    Environmental responsibility is fast becoming an important aspect of strategic management as the reality of climate change settles in and relevant regulations are expected to tighten significantly in the near future. Many businesses react to this challenge by implementing environmental reporting and management systems. However, the environmental initiative is often not properly integrated in the overall business strategy and its information system (IS) and as a result the management does not have timely access to (appropriately aggregated) environmental information. This chapter argues for the benefit of integrating the environmental management (EM) project into the ongoing enterprise architecture (EA) initiative present in all successful companies. This is done by demonstrating how a reference architecture framework and a meta-methodology using EA artefacts can be used to co-design the EM system, the organisation and its IS in order to achieve a much needed synergy.

  17. RISK MANAGEMENT AS CHALLENGE TO TODAY’S ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Iwona Gorzeń-Mitka

    2013-07-01

    Full Text Available Risk and its management are becoming increasingly important issues in modern theory and practice of managing organizations. It is propounded that organizations, regardless of the type or size of activity they carry out, take into account the impact of risk in their decisions and processes. Managerial approach to risk is aimed at reducing the extent to which risk impacts the functioning of an organization, allowing it to take optimal decisions. At the same time, changes occurring in the environment increase manifold the risk that organizations are forced to take. Inadequacy of the existing, traditional approaches to risk management, which often do not correspond to the dynamics of the changes in the environment in which today’s organizations function, makes it necessary to look for new, innovative managerial solutions. This has led to the emergence of the paradigm of enterprise risk management (ERM.

  18. 75 FR 55376 - Transamerica Asset Management, Inc. et al.; Notice of Application

    Science.gov (United States)

    2010-09-10

    ... more investment companies for short-term cash management purposes, or (ii) engage in interfund... Fund to: (i) acquire securities of one or more investment companies for short-term cash management...] Transamerica Asset Management, Inc. et al.; Notice of Application September 3, 2010 AGENCY: Securities and...

  19. GUIDELINES FOR RATIONALIZATION OF MANAGEMENT OF PERFORMANCE OF LOGISTICS SYSTEM OF TRANSPORT MACHINE MANUFACTURING ENTERPRISES

    OpenAIRE

    Yulia A. Anankina

    2013-01-01

    The main problems that occurs in a process of movement of material flows in the enterprises of transport machine manufacturing enterprises are stated in the article. Particular attention is paid to the rational use of vehicles on the existing capacity of the material flow of the enterprise. Process of transport service of material flow is concerned step by step. The place of transport in the logistics enterprise system is determined by authors. We give guidelines for rationalization of manage...

  20. Entrepreneurial management in small and medium-sized enterprises in Bulgaria (on the example of the plastics processing enterprises

    Directory of Open Access Journals (Sweden)

    Kamelia Narleva

    2018-02-01

    Full Text Available The report examines the relevance of a modern management concept - entrepreneurial management. Guidelines for the application of this management technology to small and medium-sized enterprises are presented, as well as claims on the role of entrepreneurial and managerial functions in implementing entrepreneurial management processes in plastics processing plants. The data and information were verified through a survey conducted in 2016 through a structured questionnaire, comprising twenty heads of enterprises across the North East Region of Planning in Bulgaria. The practical significance of the researched problem is taken into account by indicating an approach in the implementation of innovative solutions in management practice and the modernization of the used management technologies. The results of the conducted empirical study indirectly testify to the outstanding focus of the managers on the results of entrepreneurial management: innovation, growth and development. The human factor, in general, directly related to the results of entrepreneurial management, has complementary, service-oriented results and significance.

  1. Strategic asset management in municipalities: challenges, and solutions to enhance performance

    CSIR Research Space (South Africa)

    Wall, K

    2008-08-01

    Full Text Available : “Strategic public sector asset management” Johannesburg, 25 August 2008 Strategic asset management in municipalities: challenges, and solutions to enhance performance Sequence of presentation: 1. Introduction 2. Integrated delivery process – weakest... link – report card 3. Legislation and strategies 4. Basic IAM cycle – and needs 5. What should be done 6. To conclude Chapter 1: If below par, why (short version)? What should be done (summary)? Reasons for below-par performance: • The priority...

  2. A literature survey on asset management in electrical power [transmission and distribution] system

    OpenAIRE

    Khuntia, S.R.; Rueda Torres, José L.; Bouwman, S.; van der Meijden, M.A.M.M.

    2016-01-01

    Asset management is one of the key components in a transforming electric power industry. Electric power industry is undergoing significant changes because of technical, socio-economical and environmental developments. Also, because of restructuring and deregulation, the focus has been on transmission and distribution assets that include transmission lines, power transformers, protection devices, substation equipment and support structures. This study aims to provide a detailed exposure to ass...

  3. LEAN MANAGEMENT - THE WAY TO A PERFORMANT ENTERPRISE

    Directory of Open Access Journals (Sweden)

    AMALIA VENERA TODORUŢ

    2010-01-01

    Full Text Available In this work we approached issues related to new methods of production organization such as Lean Management, a method specific for a flexible production of great success which represents the guarantee for a performant enterprise. In this paper we presented the main concepts, the application and adaptation way in different contexts, both in industry and in services. We showed a modern tendency which is taking shape more and more in the contemporary economic context, such as the integration of this concept with the Six Sigma concept, and thus we can talk about Lean Six Sigma, as an integrator method which guarantees high-class quality and lower costs.

  4. Enterprise identity management towards an investment decision support approach

    CERN Document Server

    Royer, Denis

    2013-01-01

    ?The introduction of Enterprise Identity Management Systems (EIdMS) in organizations even beyond the purely technological level is a costly and challenging endeavor. However, for decision makers it seems difficult to fully understand the impacts and opportunities arising from the introduction of EIdMS. This book explores the relevant aspects for an ex-ante evaluation of EIdMS. Therefore it examines this domain by employing a qualitative expert interview study to better understand the nature of EIdMS, as they are situated between security and productive IT systems. To this regard, the focus is

  5. THE IMPACT OF ENTERPRISE RESOURCE PLANNING SYSTEMS ON MANAGEMENT ACCOUNTING

    Directory of Open Access Journals (Sweden)

    Andreea Gabriela PONORÎCĂ

    2014-05-01

    Full Text Available The added value on the ongoing improvement process of forecasts for financial and non-financial information systems is the main object of this study during nowadays context. Our results reveal the findings of an empirical research on the communication with various software vendors, such as SAP or Oracle, confirming the hypothesis that enterprise resource planning systems are not so well connected with the field of financial reporting analysis, but strongly linked with the management accounting field. Our study is and will be further opened for future research, passing over the limits of resource planning.

  6. A risk-based approach to sanitary sewer pipe asset management.

    Science.gov (United States)

    Baah, Kelly; Dubey, Brajesh; Harvey, Richard; McBean, Edward

    2015-02-01

    Wastewater collection systems are an important component of proper management of wastewater to prevent environmental and human health implications from mismanagement of anthropogenic waste. Due to aging and inadequate asset management practices, the wastewater collection assets of many cities around the globe are in a state of rapid decline and in need of urgent attention. Risk management is a tool which can help prioritize resources to better manage and rehabilitate wastewater collection systems. In this study, a risk matrix and a weighted sum multi-criteria decision-matrix are used to assess the consequence and risk of sewer pipe failure for a mid-sized city, using ArcGIS. The methodology shows that six percent of the uninspected sewer pipe assets of the case study have a high consequence of failure while four percent of the assets have a high risk of failure and hence provide priorities for inspection. A map incorporating risk of sewer pipe failure and consequence is developed to facilitate future planning, rehabilitation and maintenance programs. The consequence of failure assessment also includes a novel failure impact factor which captures the effect of structurally defective stormwater pipes on the failure assessment. The methodology recommended in this study can serve as a basis for future planning and decision making and has the potential to be universally applied by municipal sewer pipe asset managers globally to effectively manage the sanitary sewer pipe infrastructure within their jurisdiction. Copyright © 2014 Elsevier B.V. All rights reserved.

  7. Financial management practices in successful Small and Medium Enterprises (SMEs

    Directory of Open Access Journals (Sweden)

    Hendrik Petrus Wolmarans

    2015-07-01

    Full Text Available Although the success of small, medium and micro enterprises (SMEs is extremely important for the South African economy, their failure rate is amongst the highest in the world; some researchers estimate as high as 90 percent. Research has shown that the lack of financial management skills and application of financial management practices are some of the biggest factors contributing to SME failure. However, it is not clear from the literature which of these skills and practices are more important than others. This study aims to fill this gap by determining which financial management skills are relevant for successful SMEs. A survey was done on a sample of owner-managers of successful SMEs who had been asked, firstly, whether they performed different financial management practices and, secondly, how frequently they performed these in their companies. The study concludes that practices regarding working capital as well as profitability are much more relevant than those regarding a balance sheet or strategic finance. Similarly, financial practices related to cash flow and decision making are more relevant than those related to planning or analysing. It may be true, due to the high risk and volatile environment of SMEs, as well as the challenges that are often underestimated, that financial practices which academics regard as important are not always implemented by these companies.  This study contributes to the existing body of knowledge as it determines the relative relevance and frequency of use of financial management practices by successful SMEs. KEY WORDS Small and medium enterprises, Financial management practices, Successful SMEs, Entrepreneurship education

  8. Cost-based industrial enterprise human capital management

    Directory of Open Access Journals (Sweden)

    Glukhov Sergei

    2017-01-01

    Full Text Available The paper focuses on importance of human capital in development of industrial enterprises, issues of their management and methods of achieving balance between interests of owners and employees. Difference between such concepts as human and labor potential as well as human and working capital is clarified. The special attention is paid to the fact that an effective system of motivation and incentivation of labor is to serve as means of rapprochement of human and labor capital. The authors point out the limited scope of the traditional forms of labor motivation and incentivation mechanisms and highlight the complexity of their encouragement for collective work results. The authors suggest using the cost-based approach to workforce management, which is based on assessment of market and intrinsic value of human capital in view of investment and quality characteristics. The proposed approach is attended by methodological support and operational calculations. The study states that the suggested human capital management model can be introduced into practice, as well as substantiates the necessity for boosting the performance of industrial enterprises and their cost by increasing production, stimulating the staff for selfrealization and self-improvement by bringing the owners’ corporate interests closer to the interests of the employees.

  9. A Conceptual Model of Excellent Performance Mode of Port Enterprise Logistics Management

    Directory of Open Access Journals (Sweden)

    Jiang He

    2017-11-01

    Full Text Available Port as one of the key hubs of international logistics, which has become the main part and the base of global logistics management. The port enterprises, plays an important role in the global supply chain. However, due to the lack of understanding in port supply chain management, coordination between the port enterprises, the integration of business process is not perfect, the lack of information sharing between various organizations, ports enterprises usually failed to fully play its positive role. Based on this, the paper makes the port enterprises as the research object, and introduces the excellent performance mode into the port enterprises. In order to study the port enterprises how to carry out effective quality management, and formation the coordination and integration of upstream and downstream of enterprises, so as to realize the competitive advantage in port logistics.

  10. Improvement of environmental management incentives for small and medium-sized enterprises

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Kee Bok; Lee, Seung Kyu; Lim, Chae Woon; Chung, Ho Sun [Korea Environment Institute, Seoul (Korea)

    1998-12-01

    The developed countries have been prepared the national innovation for sustainable development for a long time. The international advanced enterprises, such as multinational enterprises, are enhancing the active and strategic environmental management. However, in spite of such changes in the world, small and middle-sized enterprises do not show any substantial changes. It is true that most of enterprises do not recognize the need of environmental management. Although they have intention for environmental improvement, it is also true that they do not have any strength to maintain effective management. Moreover, with over 99% of small and middle-sized enterprises among entire enterprises in Korea, it is hardly possible to establish an effective regulation system. The purpose of this study is to make a policy plan to induce the development of environmental friendly small and middle-sized enterprises under the recognition of such problems. 138 refs., 4 figs., 195 tabs.

  11. Three-dimensional Interlocking Professional Management Mechanism of Agricultural Family-Owned Enterprise

    OpenAIRE

    Zhong-ming, Shen; Cheng-jun, Zhang

    2010-01-01

    The establishment of the three-dimensional interlocking professional management mechanism of agricultural family-owned enterprise was studied through the following three mechanisms; the stimulation and restriction mechanism within the agricultural family-owned enterprises, the credit mechanism of professional manager and the social environment mechanism. The relationship between the agricultural family-owned enterprise, professional manager and the society was studied. In the first place, the...

  12. HEALTHY LIFESTYLE AS A BASIS FOR EFFECTIVE MANAGEMENT THE ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Anastasia Sozinova

    2015-09-01

    Full Text Available The article analyzes the possibility of connecting a healthy lifestyle with workday. It shows that the presence of health management in the company has a positive effect on efficiency of employees of the company and is an important part of corporate culture.Due to the fact that human capital is the most complex in the reproduction, as well as taking into account the undeniable fact enhance the competitiveness of the enterprise as a whole when the impact on staff of the company, we believe the theme selected articles particularly relevant . In the difficult period of economic crisis, the proposed impact on development and human resource management can be taken that management of any company in order to increase the competitiveness of the entire business structure.

  13. New accounting rules: asset allocation and portfolio management.

    Science.gov (United States)

    Andrew, B K

    1997-01-01

    New accounting rules went into effect at the end of 1995 that are now starting to affect how medical practices must report income from equity and fixed income investments. This article explores the new accounting rules and considers the other factors that help practices determine investment strategies, including desired investment return, comfort with level of risk, appropriate time horizons, liquidity needs and legal restrictions. The author also presents an example that examines the different considerations that may affect an asset allocation decision, including endowments and operating reserve funds.

  14. Enterprise risk management: Factors associated with effective implementation

    Directory of Open Access Journals (Sweden)

    Godson K. Mensah

    2016-11-01

    Full Text Available Risk management is undergoing a great change, as organizations shift from the traditional and compartmental to an enterprise wide approach. Consequently, enterprise risk management (ERM is gaining global attention among risk management professionals and academics. The demand for the adoption of ERM has led to several companies embracing it, yet its implementation has become challenging. Research shows that ERM approach emphasizes a holistic approach for assessing and evaluating the risks that an organization faces as against the “silo” approach of the traditional methods. The extant literature shows that through the reduction of the risk that an organization faces, ERM is capable of improving the performance and value. The study used a non-experimental correlational approach to explore the relationship between the presence of a chief risk officer (CRO and an audit committee (AC, and the support of top management (TM in relation to the implementation of ERM. A survey instrument was provided to self-identified risk-management professionals who are members of Survey Monkey Audience Service database. The target sample frame requested for analysis using a power of .95 was (n = 119. However, the final number analyzed was (n = 134. Frequencies and percentages were conducted on the demographic survey items and regression and correlational analyses were also performed. The study findings show that there was a significant relationship between the role of a CRO, the presence of an AC, and the support of TM and the level of ERM deployment. The study also found significant correlations between management support level and CRO, and AC. In addition, a much strong positive correlation was noted between the presence of a CRO and an AC

  15. A Methodology for Virtual Enterprise Management – Results from IMS 95001/Esprit 26509 Globeman21 project

    DEFF Research Database (Denmark)

    Tølle, Martin; Vesterager, Johan; Pedersen, Jens Dahl

    2000-01-01

    This paper presents results of the recently concluded IMS Globeman21 (Global Manufacturing in the 21st Century, IMS 95001/ESPRIT 26509) project. The results is the Virtual Enterprise Concept, a Virtual Enterprise Framework based upon GERAM (ISO/DIS 15704) and a Methodology for Virtual Enterprise...... management and engineering which is related to the Virtual Enterprise Framework (VEF). Applying the VEF as a basis structure for the Methodology provides a systematic approach for preparation and engineering of virtual enterprises. The Virtual Enterprise Framework opens up the prospect of combining...... experiences in the area of virtual enterprise into an integrated whole enabling researchers or practitioners to focus on subsets of the challenge related to the realisation of the virtual enterprise potentials. In this paper the identification, concept and requirements phases of the methodology are briefly...

  16. Business Performance Measurements in Asset Management with the Support of Big Data Technologies

    Science.gov (United States)

    Campos, Jaime; Sharma, Pankaj; Jantunen, Erkki; Baglee, David; Fumagalli, Luca

    2017-09-01

    The paper reviews the performance measurement in the domain of interest. Important data in asset management are further, discussed. The importance and the characteristics of today's ICTs capabilities are also mentioned in the paper. The role of new concepts such as big data and data mining analytical technologies in managing the performance measurements in asset management are discussed in detail. The authors consequently suggest the use of the modified Balanced Scorecard methodology highlighting both quantitative and qualitative aspects, which is crucial for optimal use of the big data approach and technologies.

  17. New Challenges for Asset Managers in the Danish Social Housing Sector

    DEFF Research Database (Denmark)

    Haugbølle, Kim; Engberg, Lars A.

    2004-01-01

    During the 1990s, the social housing sector in Denmark has undergone a number of changes. New trends are forcing asset managers to rethink their roles and strategies. In this changing context, asset managers have been confronted with strategic challenges on three topics: 1. New modes of tenants......’ involvement. 2. New partnerships with the building industry. 3. Moving towards a European internal market of construction products. The paper explores and analyses these three challenges by drawing on a number of case studies as well as a re-analysis of current research on management of renewal and building...

  18. Review, analysis and evaluation of systems for multimedia asset management in organizations

    Directory of Open Access Journals (Sweden)

    Jesús Cascón-Katchadourian

    2018-02-01

    Full Text Available Contemporary organizations have faced the growing management of digital assets of audiovisual and multimedia nature, many of them of heritage interest. This article reviews and analyzes five multimedia asset managers of contemporary full significance. After systematizing an analysis sheet on the general characteristics and modules that this type of systems must satisfy, we proceeded to evaluate each one of the selected digital management systems, offering as a result the discussion of the advantages provided by each one of them, their distinctive characteristics, as well as the evaluation of their professional suitability.

  19. IoT-based Asset Management System for Healthcare-related Industries

    Directory of Open Access Journals (Sweden)

    Lee Carman Ka Man

    2015-11-01

    Full Text Available The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS is proposed and developed based on Artificial Neural Network (ANN and Fuzzy Logic (FL, incorporating IoT technologies for asset management to optimize the supply of resources.

  20. What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income

    Science.gov (United States)

    Rosen, Harvey S.; Sappington, Alexander J. W.

    2016-01-01

    This paper examines whether university endowment managers think only in terms of the assets they manage or also take into account background income, that is, the other flows of income to the university. Specifically, we test whether the level and variability of a university's background income (e.g., from tuition and government grants) affect its…

  1. Human resources management within the process management in small and medium-sized enterprises

    Directory of Open Access Journals (Sweden)

    Marie Duspivová

    2013-01-01

    Full Text Available Sector of small and medium-sized enterprises is regarded as the backbone of the economy and a driving force of innovation, employment and social integration. Development of the sector of small and medium-sized enterprises in the Czech Republic has a substantial impact on economic and social development of the country and its various regions. This article deals with the human resources management in small and medium-sized enterprises, because it is more than obvious recently that the prosperity of the organization is depended on human resources and management of them can determine not only whether the organizations succeed, but whether it will be able to survive in turbulent conditions in the present world. The main aim of this paper is to analytical describe the monitoring the process of human resources management in selected categories of enterprises by business activity and number of employees including statistical analysis of causal effects. Further to analytical describe the evaluation the process of human resources management and indicators of this process, which are monitored by small and medium-sized enterprises. To achieve this aim were used selected primary data collected in the project GAJU 068/2010/S titled “Process management and its possible implementation in small and medium-sized enterprises”.

  2. Study on the knowledge management of strategic alliances in high technology enterprises

    Institute of Scientific and Technical Information of China (English)

    TANG Yu; WANG Hong-qi; WANG Shan-shan

    2005-01-01

    With the development of knowledge economy, the competition between high technology enterprises has gradually evolved into the competition of core competence based on knowledge, because high technology enterprises are typical knowledge-based enterprises. Few enterprises, especially for high technology firms, have all of the knowledge they need to compete effectively in the marketplace both at home and abroad, so more and more high technology companies are taking the advantage of strategic alliances to get their complementary knowledge. Since knowledge is the source of an enterprise' s competitiveness, knowledge management has become the most important means for enterprises to gain competitive advantage. There has been an increased growth in the literature on strategic alliances in recent decades. But what is less discussed in the existing literature on strategic alliances is the issue of knowledge management of strategic alliances in high technology enterprises. Based on the characteristics of strategic alliances in high technology enterprises, and in line with the implication and the goal of knowledge management, this study tries to delve into this issue. The paper analyzes the key factors relevant to the knowledge management of strategic alliances in high technology enterprises and proposes guide lines on the process and measures that should be taken in the knowledge management of strategic alliances in high technology enterprises.

  3. Managing Guest as an Asset: a Conceptual Review in the Context of Accommodation Services

    Directory of Open Access Journals (Sweden)

    Dwi Suhartanto

    2015-10-01

    Full Text Available This article discusses the concept of a customer as an asset of business in the accommodation industry. The purpose of this article is to examine the value of guests as a firm asset and to propose a model for managing guests as an asset in the context of accommodation services. A guest is considered an asset due to its role in providing revenue to the accommodation firm. Because of this role, the accommodation guest needs to be managed appropriately. This article argues that guest service evaluation (i.e. service quality, perceived value, and guest satisfaction and service loyalty are important factors in the development of guest lifetime value. The proposed model of managing guests as an asset consists of marketing instruments, service evaluation, guest loyalty, and financial outcomes provides a comprehensive guide on how accommodation firms can manage the lifetime value of their guests. Finally, as there are limited studies examining this issue, future research should test the proposed model.

  4. Methods of assessment and management of enterprise risks

    Directory of Open Access Journals (Sweden)

    I. A. Kiseleva

    2017-01-01

    Full Text Available The article is devoted to the actual topic of our time – the management of business risks. An integral part of professional risk management is to identify the nature of the object of management in the sphere of economy. Since the domestic theory of risk management is under development, the problem of a clear comprehensive definition of risk becomes now of particular relevance. The article discusses the basic concepts of risk management; studied its components in the business activities; reflected system and risk management principles; The basic types of risks in business. A organizational and economic mechanism of enterprise risk assessment. Practical advice on risk management. Entrepreneurship without risk does not exist. With the development of market economy the specific entrepreneur determines the methods that will work, and they all lead to entrepreneurial risks. The level of threats on the market today, above the level of potential profits. It is concluded that it is impossible to increase revenue without increasing the risk or reduce risk without reducing income. The lower range of the probability distribution of expected returns relative to its mean value, the lower the risk associated with this operation. Avoid risk in business is almost impossible, but you can reduce this risk. And it depends on how professionally and correctly operates the entrepreneur, what kind of strategy he will choose to reduce the appearance of risk.

  5. Using Project Portfolio Management in a Junior Enterprise Technology

    Directory of Open Access Journals (Sweden)

    RIBEIRO, D. M.

    2011-06-01

    Full Text Available Junior Enterprises have their own particularities in managing of their projects. Scarcity of resources and lack of experience of its members are critics and typical factors in the daily life of these companies. However, these and other variables such as the time for return on investment, project complexity and runtime of the project, must be taken into consideration in the prioritization of the outstanding portfolio projects to maximize desired outcomes. The Portfolio Management aims to provide the company a better allocation of resources in an environment with multiple projects going simultaneously. The model proposed here seeks a link between projects and organizational strategy. In this Paper also are presented the results of applying the model on Upe consultoria JR.

  6. Vulnerability Management for an Enterprise Resource Planning System

    Science.gov (United States)

    Goel, Shivani; Kiran, Ravi; Garg, Deepak

    2012-09-01

    Enterprise resource planning (ERP) systems are commonly used in technical educational institutions(TEIs). ERP systems should continue providing services to its users irrespective of the level of failure. There could be many types of failures in the ERP systems. There are different types of measures or characteristics that can be defined for ERP systems to handle the levels of failure. Here in this paper, various types of failure levels are identified along with various characteristics which are concerned with those failures. The relation between all these is summarized. The disruptions causing vulnerabilities in TEIs are identified .A vulnerability management cycle has been suggested along with many commercial and open source vulnerability management tools. The paper also highlights the importance of resiliency in ERP systems in TEIs.

  7. Artificial Intelligent Platform as Decision Tool for Asset Management, Operations and Maintenance.

    Science.gov (United States)

    2018-01-04

    An Artificial Intelligence (AI) system has been developed and implemented for water, wastewater and reuse plants to improve management of sensors, short and long term maintenance plans, asset and investment management plans. It is based on an integrated approach to capture data from different computer systems and files. It adds a layer of intelligence to the data. It serves as a repository of key current and future operations and maintenance conditions that a plant needs have knowledge of. With this information, it is able to simulate the configuration of processes and assets for those conditions to improve or optimize operations, maintenance and asset management, using the IViewOps (Intelligent View of Operations) model. Based on the optimization through model runs, it is able to create output files that can feed data to other systems and inform the staff regarding optimal solutions to the conditions experienced or anticipated in the future.

  8. Research on the thinking path of enterprise management in the era of big data

    Directory of Open Access Journals (Sweden)

    Guo Ying

    2016-01-01

    Full Text Available With the acceleration of economic globalization, enterprise internationalization deepen and capital supply chain extension, Chinese enterprises will inevitably was involved in the economic tide to, the business was information and data of the high-frequency explosive growth. At the same time, the rapid expansion of the management network and the management functions of the cross redundancy is serious, so that the enterprise management, decision-making, execution are subjected to tremendous impact. Big data era has arrived, companies need new management ideas and solutions to cope with the challenges of the new situation. This article embarks from the enterprise management under the background of big data, according to three aspects: production, marketing, transportation, a full range analysis to in the era of big data for scientific and effective management planning, provide strong management support for the development of enterprises.

  9. Enterprise Architecture : Management tool and blueprint for the organization

    NARCIS (Netherlands)

    Jonkers, Henk; Lankhorst, Marc M.; ter Doest, Hugo W.L.; Arbab, Farhad; Bosma, Hans; Wieringa, Roelf J.

    2006-01-01

    This is an editorial to a special issue of ISF on enterprise architecture.We define the concept of enterprise architecture, notivate its importance, and then introduce the papers in this special issue.

  10. LIFE MANAGEMENT OF ASSET FROM HIGH VOLTAGE SUBSTATION

    Directory of Open Access Journals (Sweden)

    Sorina COSTINAŞ

    2010-11-01

    Full Text Available Companies have to reinvent continuously their business model. Maintenance can play a key role in the long-term profitability of a company. In Romania, especially since the liberalization of the energy market, the electrical companies are forced to identify and coordinate a lot of processes and to promote competitivity. It is necessary to work safety and be environmentally responsible in order to achieve electrical substations obiectives. In this paper will be presented maintenance strategy (replacement, upgrade or repair and informational aspects of decisional process (technical, financial, social politic, legal and risk aspects. Proposed methodology regarding the maintenance of electrical substation will be focused in how to improve the decisions for improving asset maintenance performance through ISO 9001/14001.

  11. Modeling operation of mechanism of holistic management of technological processes at enterprise

    Science.gov (United States)

    Igorevich Shanin, Igor; Aleksandrovna Boris, Olga

    2018-03-01

    Enterprises applying modeling and technological process management approaches represent a sector of a new innovative economic system. First of all, they are innovators using innovative proposals and various resources to solve practical problems. Their work leads to balanced positive technological changes. In other words, they constitute industrial entrepreneurship with innovative goals and vice versa - innovative entrepreneurship with industrial objectives. It should be noted that the mechanism of holistic management of technological processes at the enterprise combines a traditional industrial organization of production, an innovative and technological enterprise. The enterprise borrows industrial targets from the latter one, an innovative component - from innovative activity and entrepreneurial approaches to holistic management - from a commercial firm.

  12. Sustainable Water Infrastructure Asset Management: A Gap Analysis of Customer and Service Provider Perspectives

    Directory of Open Access Journals (Sweden)

    Sangjong Han

    2015-09-01

    Full Text Available The ultimate goal of urban water infrastructure asset management may be sustainable water supply with satisfaction for customers. In this work, we attempted to evaluate the gaps between the perspectives of customers and service providers in Korea’s water infrastructure asset management. To evaluate the customers’ perspective, a hierarchical questionnaire survey was conducted to estimate the weights of influence for six customer values and their attributes on Korean water utility management. To evaluate the service providers’ perspective, an AHP (Analytic Hierarchy Process analysis was performed to estimate the weights of influence for the customer values and their PIs (performance indicators. The gap analysis results show that customers place higher value on customer service satisfaction (emotion and information than do the service providers (managers, whereas the managers place more value on affordability than do the customers. The findings from this work imply that improving customer service is effective in satisfying the desirable water LOS (level of service for customers. Recommendations have also been provided for administrators and engineers to develop integrated decision-making systems that can reflect customer needs regarding the improvement of their water infrastructure asset management. The findings from this work may be helpful for the Korean government and water supply utilities in improving the sustainability of their water infrastructure asset management.

  13. Managing Government Property Assets: The Main Issues From The Malaysian Perspective

    Directory of Open Access Journals (Sweden)

    Shardy Abdullah

    2011-09-01

    Full Text Available The Malaysian federal government is largely responsible towards providing several facilities to the community. The development of various types of property assets which encompasses buildings and infrastructure such as office buildings, roads, bridges and others, has proved that the government is really committed in executing its responsibility. From time to time, the number of property assets that were developed by the government is increasing parallel with the government's desire to stabilize its service quality. Nevertheless, in managing those property assets, the government currently is facing a mixture of problems and pitfalls such as the increase of property management and maintenance costs, the occurrence of incompatible maintenance programs, underutilization of property, end-user dissatisfaction and others. Following this scenario, the study was done with the main objective is to determine the management factors that are hindering the implementation of property management activities. A total of 67 respondents from ministries and technical departments were selected. The data was collected through a survey using questionnaire forms. The collected data was then analyzed using quantitative approaches such as frequency analysis method, mean analysis, relative important index as well as others. Results from the analysis show that there are 5 main management issues in managing Malaysian government owned property assets. Those issues are lack of proper property unit/department within a ministry, lack of expertise, lack of proper strategies, lack of proper management procedure and lack of IT usage.

  14. Management of operational enterprise value in value-based management system

    OpenAIRE

    Protasova, Yelizaveta V.

    2014-01-01

    The economic criteria of effectiveness and efficiency for the value-based management system have been proposed. Also, the methodological approach to the management of operational enterprise value on the basis of the definite limit values of influence factors is proposed.

  15. Comparative characteristics of the enterprise management concepts within the system of its innovation activity

    OpenAIRE

    Захаркін, Олексій Олександрович

    2015-01-01

    In this article the questions of the different management approaches (functional, process, systematical, structural, value, and project) usage within the innovation activity of the enterprise are examined. It is marked that the enterprise choice of the basic concept which will be the basis of its management system must fully provide the achievement of goals, which are of the primary importance for the enterprise in present and in future, adjust with the peculiarities of its manufacturing and ...

  16. Barriers to occupational health and safety management in small Brazilian enterprises

    OpenAIRE

    Garnica, Guilherme Besse; Barriga, Gladys Dorotea Cacsire

    2018-01-01

    Abstract Paper aims To determine main barriers to the implementation of occupational health and safety management systems OHSMS in the context of small Brazilian enterprises from the perspectives of owners/managers, labor auditors, and OHS consultants. Originality: Survey with three different perspectives on small Brazilian enterprises. Research method: Survey conducted with stakeholders who influence the safety culture in small enterprises to identify the main barriers to the implementati...

  17. Development the method of integral evaluation the efficiency of management of financing the enterprise

    Directory of Open Access Journals (Sweden)

    Opeshko Nataliya Sergiivna

    2017-06-01

    Full Text Available The essence of the concept of «financing the enterprise» was determined. The system of indicators of measuring the effectiveness of management of financing the enterprise was developed. The internal structure of linkages in the scorecard was investigated. The method of integral evaluation of management of financing the enterprise was developed. The usefulness of using the developed method of integral evaluation was proved based on conducted experiments.

  18. Take the Money and Run: The Business Enterprise in the Age of Money Manager Capitalism

    OpenAIRE

    Jo, Tae-Hee; Henry, John F.

    2013-01-01

    Most heterodox theories of the business enterprise base themselves on the Veblenian going concern in which managers pursue the long-run survival and growth of the enterprise, whereas absentee owners are occupied with short-run financial interests. Since Veblen’s era, the capitalist social provisioning process has evolved toward money manager capitalism in a dialectical fashion. At the heart of the transformation are changes in the business enterprise. In this paper, we make a threefold argume...

  19. Rationalisation of Management of Strategic Option of an Enterprise

    Directory of Open Access Journals (Sweden)

    Chechetova-Terashvili Tetyana M.

    2013-12-01

    Full Text Available The article analyses the state of management of domestic corporate enterprises by such features: nature of management, management functions, spheres of activity, efficiency of activity and priority directions of development. It outlines problems of non-correspondence of requirements of the highly competitive environment and existing models of management. It analyses the procedure of formation of managerial competences at the level of subjects of corporate relations, in the basis of which there is identification of their functions and criteria of efficiency of activity. It identifies a necessity of the study of managerial competences through allocation of corporate management subjects, authorities of which are outlined by goals of efficient management, protection of shareholders’ rights, ensuring observation of rights of interested persons, protected by law and international regulatory rules, ensuring modern and correct disclosure of information by all existing issues that have to do with the JSC activity. It justifies a set of measures on the search for efficient decisions on accumulation and use of managerial knowledge by means of creation of a portfolio of alternatives in correspondence with certain criteria.

  20. Managing Recreation Enterprises Efficiency under Conditions of Informatisation and Globalisation of Economy

    Directory of Open Access Journals (Sweden)

    Korogodova Olena O.

    2014-03-01

    Full Text Available The goal of the article is development of recommendations on improvement of the recreation enterprise efficiency management mechanism with consideration of new tendencies of globalisation and informatisation of economy. The article considers main approaches to determination of efficiency of entrepreneurial activity and proposes a classification of types of enterprise efficiency by the following criteria: nature of expenditures and results, environmental impact of the enterprise, duration of effect and localisation. The article marks out the cause-effect relation for each type of enterprise efficiency. It develops a scheme of elements of the mechanism of management of recreation enterprise efficiency and identifies conceptual principles of this mechanism. It offers the “recreation attractiveness” notion, which, unlike existing ones, reflects the essence of demand on enterprise services more accurately and facilitates development of the recreation enterprise recreation attractiveness management mechanism by criteria of recreation potential, prices and quality of enterprise services. Using this criteria as basic, the article builds methods of rating assessment of recreation enterprises. It is necessary to study deeper the methodical instruments for diagnostics of four elements of recreation enterprise functioning: external environment, recreation potential, organisational status and management potential.