The Level of Influence of the Relationship Between Six Non-Formal Factors and Six IAM Subject Groups in the Implementation of Asset Management in PT PLN Group

Authors

DOI:

https://doi.org/10.56294/saludcyt20251395

Keywords:

non-formal factors, IAM subject groups, asset management implementation

Abstract

Introduction: Many companies, including PT PLN Group, use asset management to help manage their assets to achieve stable, effective, and efficient company performance. In the concept model introduced by IAM, companies are introduced to six subject groups that are important factors in asset management (AM) implementation
Methods: This study used the PLS-SEM test to measure the level of influence and relationship of six non-formal factors and six groups of IAM subjects with the implementation of AM.
Results: The results obtained were that six non-formal factors significantly impacted the six groups of IAM subjects. Six non-formal factors and six IAM subject groups were proven to influence the implementation of AM significantly and positively. The acceptance of this hypothesis is supported by several field practices that PT PLN Group has carried out to support the success of AM.
Conclusions: The analysis results show that the transfer of knowledge and competence of human resources in 6 non-formal factors significantly influence the implementation of AM in PT PLN Group. Organizational culture and life cycle delivery factors of the Company in six IAM subject groups have the most dominant influence on the success of AM in PT PLN Group. The optimal implementation of AM at PT PLN Group can increase the nation's competitiveness by providing comprehensive and equitable electrical energy to the people of Indonesia.

References

1. Adhari IZ. Pendekatan Knowledge Management & Motivasi. CV. Penerbit Qaira Media. 2021. 1–108 p.

2. Nanjar A, Hamzali S, Muthmainah HN, Sihite M, Sudarmanto E. Pengaruh Implementasi IoT, Sistem Manajemen Aset, dan Analisis Data terhadap Efisiensi Operasional pada Perusahaan Start-up di Jakarta. J Multidisiplin West Sci. 2024;3(06):805–16.

3. Garrido-Moreno A, Martín-Rojas R, García-Morales VJ. The key role of innovation and organizational resilience in improving business performance: A mixed-methods approach. Int J Inf Manage [Internet]. 2024;77(July 2023):102777. Available from: https://doi.org/10.1016/j.ijinfomgt.2024.102777

4. Ir. Winda Nur Cahyo STMTPDIPMAE. Engineering Asset Management: (Pengantar Manajemen Aset Industri berbasis ISO 55000) [Internet]. Universitas Islam Indonesia; 2019. 92 p. Available from: https://books.google.co.id/books?id=LTlCEAAAQBAJ

5. El-Akruti K, Dwight R. A framework for the engineering asset management system. J Qual Maint Eng. 2013;19(4):398–412.

6. Wan S. Asset Performance Management for Power Grids. Energy Procedia [Internet]. 2017;143:611–6. Available from: https://doi.org/10.1016/j.egypro.2017.12.735

7. Jooste JL, Vlok PJ. A decision support model to determine the critical success factors of asset management services. South African J Ind Eng. 2015;26(1):27–43.

8. Syaifudin M, Ritchi H, Avianti I. Determinants of Asset Management Effectiveness and Its Impact on The Fairness of The Asset Presentation. J ASET (Akuntansi Riset). 2020;12(2):278–88.

9. ISO. INTERNATIONAL STANDARD ISO 5500 Asset management — Overview, principles and terminology. Int Organ Stand. 2015;10406-1:20:3–6.

10. El-Akruti K, Dwight R, Zhang T. The strategic role of Engineering Asset Management. Int J Prod Econ [Internet]. 2013;146(1):227–39. Available from: http://dx.doi.org/10.1016/j.ijpe.2013.07.002

11. Davis R. An introduction to asset management: AIM perspective [Internet]. 2016. 1–28 p. Available from: www.eatechnology.com

12. Hastings NAJ. Physical Asset Management [Internet]. Springer London; 2009. Available from: https://books.google.co.id/books?id=85yBeryUmMMC

13. Swedish Standards Institute. SS-EN 16646:2014 Maintenance - Maintenance within physical asset management. 2014; Available from: www.sis.se

14. Greco M, Cricelli L, Grimaldi M. A strategic management framework of tangible and intangible assets. Eur Manag J [Internet]. 2013;31(1):55–66. Available from: http://dx.doi.org/10.1016/j.emj.2012.10.005

15. Choo CW, Furness C, Paquette S, van den Berg H, Detlor B, Bergeron P, et al. Working with information: information management and culture in a professional services organization. J Inf Sci [Internet]. 2006;32(6):491–510. Available from: https://doi.org/10.1177/0165551506068159

16. Heninger WG, Smith SD, Wood DA. Reward type and performance: An examination of organizational wellness programs. Manag Account Res [Internet]. 2019;44(May 2017):1–11. Available from: https://doi.org/10.1016/j.mar.2019.02.001

17. Cui X, Yang X, Ren J, Lowry PB, Du TC ting. Enhancing team creativity among information technology professionals through knowledge sharing and motivational rewards: A self-determination perspective. Data Inf Manag [Internet]. 2024;(June):100075. Available from: https://doi.org/10.1016/j.dim.2024.100075

18. Liu F, Liang C. The moral masking behavior of management after real earnings management: An analysis of management’s integrity commitment. Heliyon [Internet]. 2024;10(19):e38748. Available from: https://doi.org/10.1016/j.heliyon.2024.e38748

19. Grace Tetteh M, Gupta S, Kumar M, Trollman H, Salonitis K, Jagtap S. Pharma 4.0: A deep dive top management commitment to successful Lean 4.0 implementation in Ghanaian pharma manufacturing sector. Heliyon [Internet]. 2024;10(17):e36677. Available from: https://doi.org/10.1016/j.heliyon.2024.e36677

20. Rempel A, Gupta J. Conflicting commitments? Examining pension funds, fossil fuel assets and climate policy in the organisation for economic co-operation and development (OECD). Energy Res Soc Sci [Internet]. 2020;69(August):101736. Available from: https://doi.org/10.1016/j.erss.2020.101736

21. Feng Y, Meng M, Li G. Impact of digital finance on the asset allocation of small- and medium-sized enterprises in China: Mediating role of financing constraints. J Innov Knowl [Internet]. 2023;8(3):100405. Available from: https://doi.org/10.1016/j.jik.2023.100405

22. Tan Y, Zhou L, Xue X, Duan B. Exploration of Key Technologies for Equipment Operation and Maintenance Based on New Power Systems. Int J Thermofluids [Internet]. 2023;20(October):100482. Available from: https://doi.org/10.1016/j.ijft.2023.100482

23. Kepka M, Zetek M, Zetkova I, Bakir Y, Chval Z, Zahalka M, et al. Applications of additive technologies in the maintenance of machinery and equipment. Procedia Struct Integr [Internet]. 2024;54(2023):59–66. Available from: https://doi.org/10.1016/j.prostr.2024.01.056

24. Compagnucci L, Spigarelli F. Improving knowledge transfer and innovation services: A roadmap for Knowledge Transfer Offices. J Innov Knowl [Internet]. 2024;9(4):100577. Available from: https://doi.org/10.1016/j.jik.2024.100577

25. Villani E, Grimaldi R. When people make the difference: A person-organization fit approach in knowledge transfer offices. J Bus Res [Internet]. 2024;183(November 2023):114843. Available from: https://doi.org/10.1016/j.jbusres.2024.114843

26. Raisi H, Esfandiar K, Barratt-Pugh L, Willson G, Baggio R. Towards a model to measure the efficiency of inter-organizational knowledge transfer for tourism destinations. Tour Manag Perspect [Internet]. 2024;53(May):101282. Available from: https://doi.org/10.1016/j.tmp.2024.101282

27. Pea-Assounga JBB, Bindel Sibassaha JL. Impact of technological change, employee competency, and law compliance on digital human resource practices: Evidence from congo telecom. Sustain Futur [Internet]. 2024;7(March):100195. Available from: https://doi.org/10.1016/j.sftr.2024.100195

28. Padovano A, Cardamone M. Towards human-AI collaboration in the competency-based curriculum development process: The case of industrial engineering and management education. Comput Educ Artif Intell [Internet]. 2024;7(March):100256. Available from: https://doi.org/10.1016/j.caeai.2024.100256

29. Ammirato S, Felicetti AM, Linzalone R, Corvello V, Kumar S. Still our most important asset: A systematic review on human resource management in the midst of the fourth industrial revolution. J Innov Knowl [Internet]. 2023;8(3):100403. Available from: https://doi.org/10.1016/j.jik.2023.100403

30. Younis R, Knight MA. Development and implementation of an asset management framework for wastewater collection networks. Tunn Undergr Sp Technol [Internet]. 2014;39:130–43. Available from: http://dx.doi.org/10.1016/j.tust.2012.09.007

31. Giglio JM, Friar JH, Crittenden WF. Integrating lifecycle asset management in the public sector. Bus Horiz [Internet]. 2018;61(4):511–9. Available from: https://doi.org/10.1016/j.bushor.2018.03.005

32. Nateque Mahmood M, Prasad Dhakal S, Brown K, Keast R, Wiewiora A. Asset management policies and guidelines of different states in Australia: A comparative analysis. J Facil Manag. 2014;12(3):286–302.

33. Park S, Park SI, Lee SH. Strategy on sustainable infrastructure asset management: Focus on Korea’s future policy directivity. Renew Sustain Energy Rev [Internet]. 2016;62:710–22. Available from: http://dx.doi.org/10.1016/j.rser.2016.04.073

34. Hukka JJ, Katko TS. Resilient Asset Management and Governance Fordeteriorating Water Services Infrastructure. Procedia Econ Financ [Internet]. 2015;21(15):112–9. Available from: http://dx.doi.org/10.1016/S2212-5671(15)00157-4

35. Lima ES, Costa APCS. Improving Asset Management under a regulatory view. Reliab Eng Syst Saf [Internet]. 2019;190(January):106523. Available from: https://doi.org/10.1016/j.ress.2019.106523

36. Hasibuan F, Napitupulu S. Pengembangan Media Video Animasi Berrbasis Powtoon Terhadap Minat Belajar Matematika Siswa Kelas IV SD Negeri 102019 Firdaus. Educ Achievment J Sci Res [Internet]. 2021;3(2):58–66. Available from: http://www.tjyybjb.ac.cn/CN/article/downloadArticleFile.do?attachType=PDF&id=9987

37. Sholihin PM, Ratmono D. Analisis SEM-PLS dengan WarpPLS 7.0 untuk Hubungan Nonlinier dalam Penelitian Sosial dan Bisnis [Internet]. Penerbit Andi; 2021. Available from: https://books.google.co.id/books?id=NbMWEAAAQBAJ

38. Power C, Mian J, Spink T, Abbott S, Edwards M. Development of an Evidence-based Geotechnical Asset Management Policy for Network Rail, Great Britain. Procedia Eng [Internet]. 2016;143(Ictg):726–33. Available from: http://dx.doi.org/10.1016/j.proeng.2016.06.112

39. Cavero-Rubio JA, Gonzalez-Morales M. Environmental certification and the financial performance of passenger airlines. The mediating effect of image perception, asset management and employee behaviour. Res Transp Bus Manag [Internet]. 2025;58(November 2024):101246. Available from: https://doi.org/10.1016/j.rtbm.2024.101246

40. Kortelainen H, Hanski J, Valkokari P. Advanced technologies for effective asset management - Two cases in capital intensive branches. IFAC-PapersOnLine [Internet]. 2020;53(3):7–12. Available from: https://doi.org/10.1016/j.ifacol.2020.11.002

41. Desbalo MT, Woldesenbet AK, Habtu TM, Bargstädt HJ, Yehualaw MD. BIM-enabled built-asset information management conceptual framework: A case of public university buildings in Addis Ababa, Ethiopia. Heliyon. 2024;10(12).

42. Msongole SS, Bakuwa RC, Mkandawire BOB. Assessing the level of application of physical asset management core practices at water boards in Malawi. Heliyon [Internet]. 2022;8(11):e11614. Available from: https://doi.org/10.1016/j.heliyon.2022.e11614

43. Yu Z, Xiao X, Ge G. Shadow banking Regulation and the stock price synchronicity –A quasi-natural experiment based on China’s new asset management regulation. Borsa Istanbul Rev. 2024;24(1):118–36.

44. Candón E, Martínez-Galán P, de la Fuente A, González-Prida V, Crespo Márquez A, Gómez J, et al. Implementing intelligent asset management systems (IAMS) within an industry 4.0 manufacturing environment. IFAC-PapersOnLine [Internet]. 2019;52(13):2488–93. Available from: https://doi.org/10.1016/j.ifacol.2019.11.580

45. Candón E, Crespo A, Guillén A, Gómez J, López J. Asset Digitalization Strategy using IoT Platforms and Asset Health Model. IFAC-PapersOnLine [Internet]. 2024;58(8):216–21. Available from: https://doi.org/10.1016/j.ifacol.2024.08.123

46. Stalder C, Ducellier G, Lewkowicz M. The implementation of a digital twin as an intelligent abet management system of a railway infrastructure: application to the work scheduling process at SNCF Réseau. Transp Res Procedia [Internet]. 2023;72:2302–8. Available from: https://doi.org/10.1016/j.trpro.2023.11.720

47. Lafioune N, Desmarest A, Poirier ÉA, St-Jacques M. Digital transformation in municipalities for the planning, delivery, use and management of infrastructure assets: Strategic and organizational framework. Sustain Futur. 2023;6(December 2022).

48. Lee CS, Nam YW, Choi JH, Kim D Il. Increasing operational efficiency of a membrane water treatment plant using an asset management method. Desalin Water Treat [Internet]. 2017;96(November 2016):33–44. Available from: https://doi.org/10.5004/dwt.2017.21715

49. Tian C, Liu X, Cheng S, Bai J, Chen L, Zeng S. Disentanglement of content and style features in multi-center cytology images via contrastive self-supervised learning. Biomed Signal Process Control [Internet]. 2024;95(PB):106395. Available from: https://doi.org/10.1016/j.bspc.2024.106395.

Downloads

Published

2025-02-13

How to Cite

1.
Firstantara IA, Rahadiyan Wijaya A, Tontowi AE, Hartono B, Kamal S. The Level of Influence of the Relationship Between Six Non-Formal Factors and Six IAM Subject Groups in the Implementation of Asset Management in PT PLN Group. Salud, Ciencia y Tecnología [Internet]. 2025 Feb. 13 [cited 2025 Mar. 16];5:1395. Available from: https://sct.ageditor.ar/index.php/sct/article/view/1395