Strategic infrastructure asset management: a conceptual framework to identify capabilities

Too, Eric and Too, Linda (2010) Strategic infrastructure asset management: a conceptual framework to identify capabilities. Journal of Corporate Real Estate, 12 (3). pp. 196-208. ISSN 1463-001X

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Purpose – The purpose of this paper is to develop a conceptual framework that can be used to identify capabilities needed in the management of infrastructure assets.

Design/Methodology/Approach – This paper utilises a qualitative approach to analyse secondary data in order to develop a conceptual framework that identifies capabilities for strategic infrastructure asset management.

Findings – In an external business environment that is undergoing rapid changes, it is more appropriate to focus on factors internal to the organisation such as resources and capabilities as a basis to develop competitive advantage. However, there is currently very little understanding of the internal capabilities that are appropriate for infrastructure asset management. Therefore, a conceptual framework is needful to guide infrastructure organisations in the identification of capabilities.

Research limitations – This is a conceptual paper and future empirical research should be conducted to validate the propositions made in this paper.

Practical implications – The paper clearly argues the need for infrastructure organisations to adopt a systematic approach to identifying capabilities needed in the management of strategic infrastructure assets. The discussion on the impact of essential capabilities is useful in providing the impetus for managers who operate in a deregulated infrastructure business landscape to review their existing strategies.

Originality/Value – This research provides a new perspective on how asset managers can create value to their organisations by investing in the relevant capabilities.

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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Accepted Version deposited in accordance with the copyright policy of the publisher (Emerald)
Faculty/School / Institute/Centre: Historic - Faculty of Business - School of Management and Marketing
Date Deposited: 30 Sep 2012 06:32
Last Modified: 03 Jul 2013 01:13
Uncontrolled Keywords: infrastructure, strategic, asset management, capabilities
Fields of Research : 15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150310 Organisation and Management Theory
12 Built Environment and Design > 1202 Building > 120201 Building Construction Management and Project Planning
Identification Number or DOI: 10.1108/14630011011074795

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