Strategic Asset Management in Electrical Engineering

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STRATEGIC ASSET
MANAGEMENT

Table of content
 Introduction
 Indian power blackout of July 2012.
 Causes of the power blackout.
 Impact of 2012 power blackout.
 Management of assets in the context of a
company of engineering.
 Case study, analyzing critically.
 Conclusion.
 References.

Introduction
 Approach of strategic management of the
assets.
 The strategies are important for the
management of the assets in an
organization.
 The management of assets helps in
achieving the targeted objectives of an
organization.
 The analysis, impacts, and causes of the
assets management will be discussed in
this study.

Indian power blackout of July
2012
 Two power blackout faced by
India on July 2012.
 Approximately affected twenty
states of India.
 Affected 700 million people
across the country.
 Largest outage of power in
history.

Causes of the power blackout
 Breakdown of the Power Grid.
 Power Grids are the power lines
networks.
 Failure of the coordination
planning of the power industry.

Impacts of the 2012 power
blackout
 Lost in the economy.
 Lost of reputation of the power
industry and also the country.
 Caused millions of people to
suffer.

Management of assets in the
context of a company of engineering
 There are many strategies present in the
context of engineer that if used, the
incident would have never happened.
 The government and the industry of
power supply should look for the better
engineers who are experienced to
prevent the incidents.
 The researcher team should be appointed
for the prevention of this kind of
incidents.

Case study, analyzing critically
 The company should have paid
more attention towards the
securities of high standard,
security, and measurement of
safety.
 The main reason for this major
incident was because of the
irresponsible behaviour of the
workers of power supply and the

Conclusion
 For extending the structure duration,
profitability, and life of the assets the
strategic management of the assets is
very helpful.
 The importance of the management of
the assets has been described.
 The causes that has been found was the
attitude of the workers of the industry of
power supply and government of India.

References
 Brinkis, K, Kreslins, V & Mutule, A 2014, ‘Operative and
technological management of super-large united power
grids: lessons of major world’s blackouts’, Latvian
Journal of Physics and Technical Sciences, vol. 51, no.
1, pp. 3–11, accessed from .
 Goswami, Darshan 2012, ‘A 10-step plan to end India’s
blackout’, Renewable Energy Focus, vol. 13, no. 5, pp.
26–28.
 Veloza, Olga P. & Santamaria, Francisco 2016, ‘Analysis
of major blackouts from 2003 to 2015: Classification of
incidents and review of main causes’, The Electricity
Journal, vol. 29, no. 7, pp. 42–49.