Development of an asset management strategy for a network utility company: Lessons from a dynamic business simulation approach

@article{Wenzler2005DevelopmentOA,
  title={Development of an asset management strategy for a network utility company: Lessons from a dynamic business simulation approach},
  author={Ivo Wenzler},
  journal={Simulation & Gaming},
  year={2005},
  volume={36},
  pages={75 - 90}
}
Due to market deregulation, network utility companies are forced to transform their asset management to provide better-than-required service quality and maximize financial performance. The author uses a dynamic business simulation (DBS)—a modeling and simulation approach based on system dynamics—to support development of asset management strategies at a couple of network utility companies. The author describes the background and design steps of the DBS approach and evaluates its effectiveness… Expand
40 Citations
Asset management techniques
  • 172
  • PDF
Integrated Information Supply for Decision Support in Grid Companies
  • 6
Asset management and governance — An analysis of fleet management process issues in an asset-intensive organization
  • 18
...
1
2
3
4
...

References

SHOWING 1-10 OF 25 REFERENCES
Asset management in theory and practice.
  • J. Mace
  • Medicine
  • Radiology management
  • 1998
  • 15
Modelling for management : simulation in support of systems thinking
  • 52
Business Dynamics—Systems Thinking and Modeling for a Complex World
  • J. Swanson
  • Business, Computer Science
  • J. Oper. Res. Soc.
  • 2002
  • 2,882
  • PDF
Group Model Building: Facilitating Team Learning Using System Dynamics
  • 1,152
Asset management decision support (White paper)
  • Amsterdam: Author. Accenture. (2000). Asset management decision support tools design guide (Internal working document).
  • 1998
It ’ s time to manage assets for growth
  • Energy Pulse Weekly
  • 2004
Principles of asset management — The holistic model
  • 2004
Principles of asset management-The holistic model. Asset management for utilities
  • 2004
From games to policy exercises-The portfolio of 12 simulations within one company's transformational change initiative
  • Proceedings of the 34th Annual Conference of the International Simulation and Gaming Association
  • 2003
From games to policy exercises—The portfolio of 12 simulations within one company’s
  • 2003
...
1
2
3
...