2003
DOI: 10.1108/13552510310503213
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Towards a value‐based view on operations and maintenance performance management

Abstract: Most of the North Sea oil companies have recognized the need to adjust their management processes, including those concerned with operations and maintenance, to the changed and changing business conditions in industry at large, particularly due to the volatile oil price. This has been a rationale to review organizational operations and maintenance policies by many. This paper describes findings from a research study on operations and maintenance performance conducted in the emerging operating environment with … Show more

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Cited by 123 publications
(119 citation statements)
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References 16 publications
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“…This is in line with the maintenance literature (Liyanage and Kumar, 2003;Markeset et al, 2004). In fact, due to closer partnerships in the service setting, soft values emerge which must be taken into account in designing more value-adding services.…”
Section: The Importance Of Intangible Valuesupporting
confidence: 83%
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“…This is in line with the maintenance literature (Liyanage and Kumar, 2003;Markeset et al, 2004). In fact, due to closer partnerships in the service setting, soft values emerge which must be taken into account in designing more value-adding services.…”
Section: The Importance Of Intangible Valuesupporting
confidence: 83%
“…However, closer examination reveals it is moderately important in PharmaCo and MedicaCo, less so to MetalCo and not mentioned by InsulaCo. This is in contrast with the commonly held cost-centric view of maintenance where "avoiding the costs of failure" is considered the main source of value for customers (Liyanage and Kumar, 2003;Al-Najjar, 2007). On the other hand, Pricing (overall frequency 36% and ANV 13.66) is perceived as important, indicating that customers are more focussed on the price of the service contract and spare parts than on the savings that the service contract can deliver.…”
Section: Financial Imperativesmentioning
confidence: 80%
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“…Despite all that, today it is accepted that maintenance is a key function for long-term profitability in an organization [7], and for this reason, organizations are treating maintenance as an important part of their business [8], in the same way as other functions like production, marketing, sales and so on. Effective maintenance management, in fact, requires a multidisciplinary approach where maintenance is viewed strategically from the overall business perspective [9].…”
Section: Introductionmentioning
confidence: 99%
“…Overall strategic goals are broken down into operational objectives, and this is followed by measuring and studying the outcomes in terms of railway infrastructure performance. The development of the model is a continuation of the research by Liyanage and Kumar (2003) andÅhrén (2008). The model is also verified in a case study on a section of track in Sweden.…”
Section: Introductionmentioning
confidence: 99%