A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Development of a Strategic Plan: Portfolio Management for Public Utilities
This article provides utility managers with guidance to be used in developing strategic planning processes that can be integrated in a utility's annual planning cycle. The processes discussed will also help define strategies that are useful in a rapidly changing and highly competitive market. Traditionally, water utilities have struggled to adapt to a competitive market, missing opportunities to expand their purview, opting instead to preserve the status quo. This article provides a step‐by‐step methodology for managers to use to develop a more active, entrepreneurial approach to utility management and evolve their planning processes to embrace a more market‐ and customer‐focused approach to service delivery. The authors discuss how strategic planning can be readily integrated into annual planning processes and how a portfolio management approach provides for evaluation of strategic investments and risk management. They also point out the fact that strategic planning is an evolutionary process.
Development of a Strategic Plan: Portfolio Management for Public Utilities
This article provides utility managers with guidance to be used in developing strategic planning processes that can be integrated in a utility's annual planning cycle. The processes discussed will also help define strategies that are useful in a rapidly changing and highly competitive market. Traditionally, water utilities have struggled to adapt to a competitive market, missing opportunities to expand their purview, opting instead to preserve the status quo. This article provides a step‐by‐step methodology for managers to use to develop a more active, entrepreneurial approach to utility management and evolve their planning processes to embrace a more market‐ and customer‐focused approach to service delivery. The authors discuss how strategic planning can be readily integrated into annual planning processes and how a portfolio management approach provides for evaluation of strategic investments and risk management. They also point out the fact that strategic planning is an evolutionary process.
Development of a Strategic Plan: Portfolio Management for Public Utilities
Rothstein, Eric (author) / Kiyosaki, Donna (author)
Journal ‐ American Water Works Association ; 95 ; 52-65
2003-01-01
14 pages
Article (Journal)
Electronic Resource
English
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