MAPPING PRIMARY CONSTRAINTS IN PHYSICAL ASSET MANAGEMENT STRATEGY EXECUTION, USING SOCIAL NETWORK ANALYSIS

J Baum, P J Vlok

Abstract


The successful execution of a physical asset management strategy is an important value driver for organisations that are highly dependent on the service delivery of physical assets. Research demonstrates that strategic targets are often not met, and that the means to detect the constraints that can undermine strategy execution efforts are deficient. The purpose of this article is to investigate social network analysis (SNA) as a method to map primary constraints in physical asset management strategy execution (PAMSE). As an interim result, the study found that dysfunctional information flow and poor decision-making are the primary constraints that can hinder the PAMSE. An SNA application methodology was developed and applied at two research sites in the South African mining industry. This study found that SNA can be used to map constraints experienced in PAMSE; but it also points towards important prerequisites that have to be established for SNA to be successful.


Keywords


Physical Asset Management; Strategy Execution; Social Network Analysis

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DOI: https://doi.org/10.7166/24-2-597

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ISSN 2224-7890 (on-line) ; ISSN 1012-277X (print)


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