Session: Session 1. Asset Management Systems

Paper Number: 118758

118758 - Asset Management Through Lens of Complex System Governance 

This paper examines the applicability of Complex System Governance to advance Asset Management. Asset Management encompasses more than doing things to assets - it is about using assets to deliver value and achieve the organization's business objectives. It also brings a different approach and way of thinking to transform organizational alignment and culture in a coordinated manner to realize value from organizational assets. Asset management (AM) is increasing in importance as more societal serving systems are becoming dependent on the value of assets and their management. However, AM as a discipline lacks coherent grounding in systems theory --- a means for understanding the structure, behavior, and performance of complex systems. Complex System Governance (CSG) is focused on the design, execution, and evolution of system functions that provide for communications, control, coordination, and integration of complex systems, including assets. CSG focuses on the structure and order of complex systems through a rigorous grounding in systems theory (the axioms and propositions that govern the structure, behavior, and performance of complex systems), management cybernetics (the science of organizational structure), and system governance (focused on the provision of direction, oversight, and accountability). In this paper, the intersection of AM and CSG is explored with respect to the value that can accrue to both fields through their intersection and joint development. The opportunities that lie at the intersection of these fields are examined. This paper concludes the exploration with a discussion of the implications for moving forward in bringing the value offered by CSG to the governance of assets.

Presenting Author: Polinpapilinho Katina University of South Carolina Upstate

Presenting Author Biography: Polinpapilinho F. Katina is an Assistant Professor in the Department of Informatics and Engineering Systems at the University of South Carolina Upstate (Spartanburg, South Carolina, USA). He has served in various capacities at the National Centers for System of Systems Engineering (Norfolk, Virginia, USA), Old Dominion University (Norfolk, Virginia, USA), Politecnico di Milano (Milan, Italy), Embry-Riddle Aeronautical University (Daytona Beach, Florida, USA), The University of Alabama in Huntsville (Huntsville, Alabama, USA), and Syracuse University (Syracuse, New York, USA). He holds a B.S. in Engineering Technology (Old Dominion University, Norfolk, Virginia, USA), a M.Eng. in Systems Engineering (Old Dominion University, Norfolk, Virginia, USA), and a Ph.D. in Engineering Management and Systems Engineering (Old Dominion University, Norfolk, Virginia, USA). He received additional training at the Politecnico di Milano (Milan, Italy) in the Energy Department in the Nuclear Division - Laboratory of Signal Analysis and Risk Analysis.

Dr. Katina focuses on teaching and research in the areas of Complex System Governance, Critical Infrastructure Systems, Decision Making and Analysis, Emerging Technologies (e.g., IoT), Energy Systems (Smart Grids), Engineering Management, Infranomics, Manufacturing Systems, Systems of Systems, Systems Engineering, Systems Pathology, Systems Theory, and Systems Thinking. He has demonstrable experience in leading large-scale research projects and has achieved many established research outcomes, including publications in influential journals, conferences, and books. His profile includes more than 200 peer-reviewed journal articles, conference proceedings, and book chapters. He has also co-authored 10 books and has published in over 15 different peer-reviewed journals with high impact and visibility.