INTRODUCTION •Strategic information system is recognised as an effective approach that is developed in terms of few corporate business related initiatives (Charter 2017). •The given presentation is about theDuke Energy’s Oconee Nuclear Power Plant. •The primary motive is to study the objectives for the replacement of the control system with the better utilization of software for controlling the nuclear power plant with the core attempt for raising all kinds of safety standards for the organization.
BACKGROUND OF THE DUKE’S ENERGY PLANT •Its first unit was commissioned in the year of 1973. •Its second and third unit was commissioned in the year of 1974. •Duke’s Energy Oconee Nuclear Power Plant had suffered minor control failure in the year of 1990, although no individuals were injured in the process. •In this concern, all the gas turbines, vapour turbines, HRSG, generator and plant system steadiness are required to be analysed properly to ensure that all issues are solved in the concerned energy plant. •The approach of software controlled systems or digital control systems would be quite effective and efficient to align the respective business goals and strategies with organizational information systems and information technology in Duke’s Energy Oconee Nuclear Power Plant after successful analysis of numerous drivers and barriers of this technology for the company.
PESTEL ANALYSIS
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POLITICAL •The changing policies for the employees. •The change in the policies with the countries connected to the trade relations of the plant. •Resource allocation by the government. •The political stability of the market and the nation.
ECONOMIC •The high efficiency in the financial market. •Easy accessibility to the liquidity assets. •Implementation of the software controlled systems.
SOCIAL •The power structure of the business market. •The demographic factors. •The level of income of the society. •The education standard of the people that determines the employment status of the concerned energy plant.
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TECHNOLOGICAL •The innovation amendments concerning the advancements in the technical factors. •The safety and security of the people connected to the business concerning the use of the new pieces of equipment and machinery. Technologi cal factors
ENVIRONMENTAL •The risk in the leak of the harmful radiation from the energy plant. •The sudden weather conditions. •The changes in the climatic conditions. •The need to sustain the environment and its natural resources.
LEGAL •The environmental laws and the laws towards healthy and safety of the employees and the society. •The legalised protection of the systems and the natural resources.
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VALUE CHAIN ANALYSIS •Primary Activities: Primary activities are inbound logistics, operations, outbound logistics, marketing and sales and services (Cuiet al. 2015). These could help in achieving better competitive advantages with software- controlled systems, hence bringing more innovations and effectiveness. The main factors of the core approach of strategic information system eventually involve competitive advantages after analyses of data sets, value chain analysis so that they are able to apply them in strategic level. •Support Activities: Support activities are firm infrastructure, human resource management, procurement and technology. A digital control system comprises of the core and distinctive advantage for reducing all types of complexities or issues related to nuclear plant failure. Digital computers are being utilized for in such systems for acting as certain system controllers (Rezvani, Dong and Khosravi 2017). The digital control system eventually takes the significant form of a microcontroller for a standard desktop computer system. Thus, management would be much easier.
DISRUPTIVE TECHNOLOGY REVIEW •The specific approach ofSoftware-Controlled Systemswould be ensuring high safety and security for Duke’s Energy Oconee Nuclear Power Plant. •The major advantages of this type of approach is to deliver products or services within lower costs and also reduce gaps or challenges within the business (Reich and Benbasat 2013). •Major resources are also identified for the information services and for gaining business initiative. •reviewing of disruptive technology for software controlled systems Is required for fast, cheap and simple inventions to threaten market leader or technological failure chances. •The new processes and approaches of digital control systems would be even lowering the risks of being agile and responsive towards changes.
DRIVERS AND BARRIERS OF THE TECHNOLOGY •The most significant drivers ofSoftware Controlled Systemsare some of the market related factors such as high competition, major demand elements of the business like technology inputs such as innovation, speed of delivery as well as societal pressure such as government regulations (Henfridsson and Lind 2014). •Being a nuclear plant, it is extremely important and significant for them to implement software-controlled systems so that they are able to ensure safety and security in the business effectively. •The major barriers in such implementation is the high expenses. •The next barrier comes to be the resistance of the employees towards the adoption of the advanced technologies. •Lack in the effective participation of the senior level managers of the organisation in the decision making process.
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STRATEGIC PLANNING, PROJECT MANAGEMENT AND IMPLEMENTATION APPROACH •Establishment of Objectives: The objectives of the nuclear plant are being established in this step so that they are able to deal with technological failure. . Since, they have previously faced a minor technical failure, it was required for them to implement the strategy of software controlled system, hence this particular step was important. •Formulation of Policies for Strategy Execution: Proper policies are to be formulated so that Duke’s Energy Oconee Nuclear Power Plant is able to implement software controlled systems. These policies are required to be formulated so that there exists a high chance for better execution of strategy. Moreover, it helps in reducing complexity of decision making. •Resource Allocation: Relevant resources and costs are being allocated in this particular step so that the strategy becomes successful. These resources would help the users in reducing incurring of extra costs and resources in a better manner. •Proper Performance of Activities and Tasks: The performances of the activities and tasks are being analysed in this step of strategy implementation so that Duke’s Energy Oconee Nuclear Power Plant is able to complete their deployment of software controlled systems. In this particular step, the performances of respective activities and tasks are analysed so that the organization does not face any issue regarding performance error. •Control of Performance of Activities: In the final step, the overall performance of every preceding activity is being analysed by this organization. The performances of these activities ensure that the entire process of implementation of software controlled system strategy is accurate.
SWOT ANALYSIS Strengths •Specialisation in the field of business •Location of the business •Competitor advantage •Quality processes and procedures Weaknesses •Operational and people goal initiatives •Investment •Lack of communication •Location of the business Opportunities •Joint ventures and strategic alliances •New market •Growth goals •Shore up Threats •Security and Health factors •New competitors •Monitoring of the radiations.
CONCLUSION •Duke’s Energy Oconee Nuclear Power Plant has faced a technical glitch due to its old and traditional systems. •Duke’s Energy Oconee Nuclear Power Plant had undergone technical failure. •Digital control system would be helpful in this case. Such systems are inexpensive and scalable in nature and they ensure static operation, which refers to the fact these are less prone towards environmental conditions like inductors or capacitors.
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REFERENCES •Charter, M., 2017.Greener marketing: A responsible approach to business. Routledge. •Cui, T., Ye, H.J., Teo, H.H. and Li, J., 2015. Information technology and open innovation: A strategic alignment perspective.Information & Management,52(3), pp.348-358. •Henfridsson, O. and Lind, M., 2014. Information systems strategizing, organizational sub-communities, and the emergence of a sustainability strategy.The Journal of Strategic Information Systems,23(1), pp.11-28. •Reich, B.H. and Benbasat, I., 2013. 10 Measuring the Information Systems– Business Strategy Relationship.Strategic Information Management, p.265. •Rezvani, A., Dong, L. and Khosravi, P., 2017. Promoting the continuing usage of strategic information systems: The role of supervisory leadership in the successful implementation of enterprise systems.International Journal of Information Management,37(5), pp.417-430.