| Title: | Drivers and barriers of digital transformation in asset management |
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| Authors: | ID Maletič, Damjan (Author)
ID Grabowska, Marta (Author)
ID Maletič, Matjaž (Author) |
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| Files: |  Maletic-2023-Drivers_and_Barriers_of_Digital_T.pdf (756,99 KB)
MD5: 67027FD123B32628BE920C17EB97147F
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| Language: | English |
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| Work type: | Scientific work |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: | FOV - Faculty of Organizational Sciences in Kranj
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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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| Keywords: | asset management, digital transformation, drivers, barriers, Delphi |
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| Publication status: | Published |
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| Publication version: | Version of Record |
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| Submitted for review: | 06.10.2022 |
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| Article acceptance date: | 16.11.2022 |
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| Publication date: | 01.03.2023 |
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| Publisher: | Production Engineering Committee of the Polish Academy of Sciences |
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| Year of publishing: | 2023 |
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| Number of pages: | Str. 118-126 |
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| Numbering: | Letn. 14, Št. 1 |
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| PID: | 20.500.12556/DKUM-87994  |
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| UDC: | 005.336.3:005.9 |
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| ISSN on article: | 2082-1344 |
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| COBISS.SI-ID: | 147345411 |
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| DOI: | 10.24425/mper.2023.145370 |
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| Publication date in DKUM: | 04.04.2024 |
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| Views: | 383 |
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| Downloads: | 48 |
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| Metadata: |    |
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| Categories: | Misc.
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