Utility performance, investment versus dividends, rate of return incentives
Enterprise Management: Taking a wider view of asset management.
Three ‘power plays’ for utilities seeking growth.
The real thing demands a culture shift toward long-range thinking.
Eight key ‘plays’ to alter how work is managed and performed.
Appendix:
In this appendix to “Opening the Black Box,” (Fortnightly, January 2014), we briefly describe the basic components of the models for managing aging assets: how to represent the condition of such assets and the outcome of replacement, maintenance, and testing decisions.
The model structure is one of optimal control with dynamic state variables and uncertainty. Let
A new approach to utility asset management.
Significant value waits to be unlocked through consolidation, but conventional approaches have been inadequate.
Can consolidation create sustainable long-term value, or will it prove seductive but, ultimately, disappointing to shareholders, employees, customers, and management alike?