Strategic Information Management System for Duke Energy's Oconee Plant

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Added on  2021/05/31

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This presentation examines the strategic information management system implemented at Duke Energy's Oconee Nuclear Power Plant. It begins with an introduction to the strategic information system and its objectives, specifically focusing on the replacement of the control system with software to enhance safety standards. The presentation provides background information on the plant and discusses a previous control failure. It then delves into a PESTEL analysis, evaluating the political, economic, social, technological, environmental, and legal factors impacting the plant. A value chain analysis identifies primary and support activities. The presentation further reviews disruptive technology, highlighting the benefits of software-controlled systems. It explores the drivers and barriers to technology adoption, the strategic planning process, project management, and implementation approaches. The presentation concludes with a SWOT analysis and references used for research.
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INFORMATION
MANAGEMENT
SYSTEM
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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 the Duke
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.
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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.
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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.
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ECONOMIC
The high efficiency in the financial market.
Easy accessibility to the liquidity assets.
Implementation of the software controlled systems.
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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
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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.
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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 (Cui et 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.
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DISRUPTIVE TECHNOLOGY
REVIEW
The specific approach of Software-Controlled Systems would 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.
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