Sustainability in strategic asset management frameworks: A systematic literature review

Jyri Hanski, Ville Ojanen

    Research output: Contribution to journalArticleScientificpeer-review

    Abstract

    Decisions on strategic asset management often consider long lifetimes. The long-term perspective, varying types of assets, and other industry trends, such as sustainability requirements, have implications for strategic asset management frameworks. The stakeholders related to the assets are demanding actions that increase sustainability, and forward-looking organisations are adopting sustainability principles in their business. This study gives guidelines for the development of more holistic strategic asset management frameworks. Using a systematic literature review, 37 frameworks are identified and analysed based on their application area, decision level, uncertainty management practices, and asset management indicators. As a result, a conceptual sustainable strategic asset management framework is created.
    Original languageEnglish
    JournalInternational Journal of Strategic Engineering Asset Management
    Publication statusAccepted/In press - 16 May 2019
    MoE publication typeA1 Journal article-refereed

    Fingerprint

    Strategic assets
    Asset management
    Literature review
    Sustainability
    Assets
    Uncertainty management
    Stakeholders
    Industry
    Management practices

    Keywords

    • asset management
    • manufacturing
    • Literature review
    • sustainability
    • Infrastructure

    Cite this

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    abstract = "Decisions on strategic asset management often consider long lifetimes. The long-term perspective, varying types of assets, and other industry trends, such as sustainability requirements, have implications for strategic asset management frameworks. The stakeholders related to the assets are demanding actions that increase sustainability, and forward-looking organisations are adopting sustainability principles in their business. This study gives guidelines for the development of more holistic strategic asset management frameworks. Using a systematic literature review, 37 frameworks are identified and analysed based on their application area, decision level, uncertainty management practices, and asset management indicators. As a result, a conceptual sustainable strategic asset management framework is created.",
    keywords = "asset management, manufacturing, Literature review, sustainability, Infrastructure",
    author = "Jyri Hanski and Ville Ojanen",
    year = "2019",
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    Sustainability in strategic asset management frameworks: A systematic literature review. / Hanski, Jyri; Ojanen, Ville.

    In: International Journal of Strategic Engineering Asset Management, 16.05.2019.

    Research output: Contribution to journalArticleScientificpeer-review

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    AU - Ojanen, Ville

    PY - 2019/5/16

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    N2 - Decisions on strategic asset management often consider long lifetimes. The long-term perspective, varying types of assets, and other industry trends, such as sustainability requirements, have implications for strategic asset management frameworks. The stakeholders related to the assets are demanding actions that increase sustainability, and forward-looking organisations are adopting sustainability principles in their business. This study gives guidelines for the development of more holistic strategic asset management frameworks. Using a systematic literature review, 37 frameworks are identified and analysed based on their application area, decision level, uncertainty management practices, and asset management indicators. As a result, a conceptual sustainable strategic asset management framework is created.

    AB - Decisions on strategic asset management often consider long lifetimes. The long-term perspective, varying types of assets, and other industry trends, such as sustainability requirements, have implications for strategic asset management frameworks. The stakeholders related to the assets are demanding actions that increase sustainability, and forward-looking organisations are adopting sustainability principles in their business. This study gives guidelines for the development of more holistic strategic asset management frameworks. Using a systematic literature review, 37 frameworks are identified and analysed based on their application area, decision level, uncertainty management practices, and asset management indicators. As a result, a conceptual sustainable strategic asset management framework is created.

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    KW - manufacturing

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    KW - Infrastructure

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    JF - International Journal of Strategic Engineering Asset Management

    SN - 1759-9733

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