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Abstract

This paper aims to improve understanding of the drivers and barriers to digital transformation in asset management. Accordingly, this paper contributes to the literature by conducting a qualitative Delphi study with 15 experts (including academia, consultancy and industry) to identify, validate, and classify the drivers and barriers affecting digital transformation in asset management. As a result of the experts’ interactions, 20 barriers were identified. The main barriers to digital transformation in asset management are the following: Misunderstanding of the strategic importance of asset management, no clear vision/strategy, existing mindset and culture, inadequate asset management system, lack of understanding of digital trends, and lack of employee knowledge and skills. The study also highlights 12 drivers that are critical to the digital transformation of asset management. These include cost reductions, opportunities in condition monitoring of assets, expected benefits in asset management processes, expected benefits in risk management and others.
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Authors and Affiliations

Damjan Maletic
1
Marta Grabowska
2
Matjaž Maletic
1

  1. Faculty of Organizational Sciences, University of Maribor, Slovenia
  2. Management and Production Engineering Division, Poznan University of Technology, Poland
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Abstract

Sustainable development refers to the development of a business in such a way that future

generations will be able to satisfy the same needs. This article describes how sustainable

development can be measured by economic performance and a positive impact on the natural

environment. A general indicator of a company’s environmental impact is presented in the

article. It can be determined, on the one hand, by a company’s environmental impact, and on

the other hand, by savings in the use of natural resources, which is associated with savings

in a financial sense. Therefore, it can be used to analyze the progress of sustainability in

terms of environmental and economic performance. The case study provides an example of

how emissions and energy factors can be analyzed to form a synthetic indicator and create

a general indicator.

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Authors and Affiliations

Błażej Góralski
Marta Grabowska
Adam Studziński
Matjaz Maletic
Damjan Maletic

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