A Novel Use of Digital Technologies for More Effective Multi-Party Well Planning and Execution

2021 ◽  
Author(s):  
Matthew Ray Isbell ◽  
Malini Raman Manocha ◽  
Brian Rodney Mangold ◽  
Moray Lamond Laing ◽  
Scott Boone ◽  
...  
Keyword(s):  
Business Model ◽  
Planning Process ◽  
Data Transfer ◽  
Service Providers ◽  
Digital Technologies ◽  
Management Tool ◽  
Service Companies ◽  
Well Design ◽  
Common Framework ◽  
Ease Of Access

Abstract Operators, service providers, and contractors are improving the well construction system using transformative digital technologies across multiple companies and within levels of disparate organizations. Well plans are managed in a new way with the creation,execution and continuous improvement of processes to materially deliver value from the onset. A typical operator’s well planning process involves developing a well program across multiple internal and external entities in the design and plan stages while various requirements and details are considered and confirmed. As the well gets closer to being drilled, the well plan must also consider the capabilities and technologies supported by the service companies and drilling contractor.This people-based process leads to variability in assumptions and objectives in standardized plans which can result in execution risk and variations in safety, quality, delivery, and cost (SQDC) performance. One major variability source occurs because of the disconnected nature in which people move data between one another in well planning documents and then to field operations. The authors propose a new way to manage this process across organization and discipline boundaries to reduce this variability. This paper details how digital technologies were incorporated into an agile pilot program to create a common framework for the exchange and management of the well plan. It follows the plan from its development to implementation in a unified, seamless process. Further the authors will demonstrate how the solution was developed across multiple organizations to deliver material value to all parties. Three companies created a collaborative business model to deliver a new digital system enhancing well construction planning and execution in terms of speed and completeness of data transfer, ease of access,and availability for building new data-based workflows and reporting. This business model continues to drive alignment throughout the companies’ well delivery business functions. This paper illustrates, "What is the value that digital transformation brings to my organization or job function".The simple answer is that if executed effectively, the transformation should produce a material improvement or outcome for the business. Digital technology creates material business value as a project management tool directly coupled with wellsite technologies. This approach, in turn, will enable improvement of the well design and SQDC performance in the delivery of the well plan.

Marketing a technical business

2003 ◽  
Vol 3 (1-2) ◽  
pp. 433-440 ◽  
Author(s):  
P. Karbowiak
Keyword(s):  
Customer Satisfaction ◽  
Customer Service ◽  
Best Practice ◽  
Service Providers ◽  
Natural Monopoly ◽  
Water Utilities ◽  
Management Tool ◽  
Service Companies ◽  
Professional Market ◽  
Satisfaction Analysis

Until recently most water utilities have operated as a public service. The market is still predominantly a natural monopoly. The significant infrastructure requirements militate against service duplication and competition. Generally customers do not have the option of changing service providers. With the arrival of competition policy, water utilities have initiated some customer service programmes. However, the driver for this change has been the reporting requirements of the regulator rather than customer focused imperatives. However, there are benefits for water service companies to conduct professional market research focused on customer satisfaction. This paper reviews the concepts of market customer satisfaction analysis. It discusses the shortfalls of generic methodologies which focus on the performance of the service provider rather than the needs and expectations of the customer. The application of Benchmarking or Best Practice, is also reviewed within this context. A conclusion of this paper is that the application of focused, professional customer satisfaction analysis is an effective quality management tool and leads to a better understanding of water services customers’ needs and expectations. The outcome is more effective application of customer service resources, enhanced community perceptions and the achievement of higher levels of customer satisfaction.

A Circular Business Model for Cloud Computing Services Providers

10.31355/33 ◽  
2018 ◽  
Vol 2 ◽  
pp. 105-120
Author(s):  
Hamed Motaghi ◽  
Saeed Nosratabadi ◽  
Thabit Qasem Atobishi
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Circular Economy ◽  
Service Providers ◽  
Sustainable Consumption ◽  
Future Research ◽  
Extensive Literature ◽  
Computing Services ◽  
Proposed Model ◽  
Cloud Computing Service

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose................................................................................................................................................................................................. The main objective of the current study is to develop a business model for service providers of cloud computing which is designed based on circular economy principles and can ensure the sustainable consumption. Background Even though the demand for cloud computing technology is increasing day by day in all over the world, the current the linear economy principles are incapable to ensure society development needs. To consider the benefit of the society and the vendors at the same time, the principles of circular economy can address this issue. Methodology................................................................................................................................................................................................. An extensive literature review on consumption, sustainable consumption, circular economic, business model, and cloud computing were conducted. the proposed model of Osterwalder, Pigneur and Tucci (2005) is admitted designing the circular business model. Contribution................................................................................................................................................................................................. The proposed model of the study is the contribution of this study where provides the guidelines for the cloud computing service providers to achieve both their economic profits and the society’ needs. Findings Finding reveals that if the cloud computing service providers design their business model based on the “access” principle of circular economy, they can meet their economic profits and the society’ needs at a same time. Recommendations for Practitioners.............................................................................................................................................................. It is recommended to the startup and the existing businesses to utilize the proposed model of this study to reach a sustainable development. Recommendation for Researchers................................................................................................................................................................ It proposes a new circular business model and its linkages with community building. Impact on Society............................................................................................................................................................................................ The proposed model of the study provides guidelines to the cloud computing service providers to design a business model which is able not only to meet their economic profit, but also to meet the society’s and customers’ benefits. Future Research............................................................................................................................................................................................... Future researches can build on this research model which proposed in this study to examine the limitations of this model by using empirical researches.

scholarly journals Literature review on business prototypes for digital platform

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Shrutika Mishra ◽  
A. R. Tripathi
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Business Models ◽  
Digital Technologies ◽  
Digital Platform ◽  
New Business ◽  
Start Ups ◽  
The Way

Abstract In today’s world, many digitally enabled start-ups are budding all over the globe because of the fast enhancement in digital technologies. For the establishment of new business, it is necessary to adopt a proper business model which needs to define the way in which the company will provide values and the ways in which the customers can pay for their services. This paper aims to study the various business models being used in today’s marketplace and to provide a better understanding for these business models by having an insight on the attributes.

Sustainable life cycle offers through cooperation

2015 ◽  
Vol 4 (1) ◽  
pp. 4-24 ◽  
Author(s):  
Julia Selberherr
Keyword(s):  
Sustainable Development ◽  
Life Cycle ◽  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Service Providers ◽  
Construction Sector ◽  
Content Type ◽  
New Business ◽  
Societal Level

Purpose – Sustainable buildings bear enormous potential benefits for clients, service providers, and our society. To release this potential a change in business models is required. The purpose of this paper is to develop a new business model with the objective of proactively contributing to sustainable development on the societal level and thereby improving the economic position of the service providers in the construction sector. Design/methodology/approach – The modeling process comprises two steps, the formal structuring and the contextual configuration. In the formal structuring systems theory is used and two levels are analytically separated. The outside view concerns the business model’s interaction with the environment and its impact on sustainability. The inside view focusses on efficient value creation for securing sustainability. The logically deductively developed business model is subsequently theory-led substantiated with Giddens’ structuration theory. Findings – The relevant mechanisms for the development of a new service offer, which creates a perceivable surplus value to the client and contributes to sustainable development on the societal level, are identified. The requirements for an efficient value creation process with the objective of optimizing the service providers’ competitive position are outlined. Research limitations/implications – The model is developed logically deductively based on literature and embedded in a theoretical framework. It has not yet been empirically tested. Practical implications – Guidelines for the practical implementation of more sustainable business models for the provision of life cycle service offers are developed. Social implications – The construction industry’s impact requires it to contribute proactively to a more sustainable development of the society. Originality/value – This paper analyzes the role for the players in the construction sector in proactively contributing to sustainable development on the societal level. One feasible strategy is proposed with a new business model, which aims at cooperatively optimizing buildings and infrastructures and taking the responsibility for the operating phase via guarantees.

“Enabling circular business models in the fashion industry: the role of digital innovation”

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Phuc Hong Huynh
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Digital Technologies ◽  
Theory And Practice ◽  
Chain Model ◽  
Fashion Industry ◽  
Digital Innovation ◽  
Content Type ◽  
Radical Innovations

PurposeDigital innovation and circular business model innovation are two critical enablers of a circular economy. A wide variety of digital technologies such as blockchain, 3D printing, cyber-physical systems, or big data also diverges the applications of digital technologies in circular business models. Given heterogeneous attributes of circular business models and digital technologies, the selections of digital technologies and circular business models might be highly distinctive within and between sectorial contexts. This paper examines digital circular business models in the context of the fashion industry and its multiple actors. This industry as the world’s second polluting industry requires an urgent circular economy (CE) transition with less resource consumption, lower waste emissions and a more stable economy.Design/methodology/approachAn inductive, exploratory multiple-case study method is employed to investigate the ten cases of different sized fashion companies (i.e. large, small medium-sized firm (SME) and startup firms). The comparison across cases is conducted to understand fashion firms' distinct behaviours in adopting various digital circular economy strategies.FindingsThe paper presents three archetypes of digital-based circular business models in the fashion industry: the blockchain-based supply chain model, the service-based model and the pull demand-driven model. Besides incremental innovations, the radical business model and digital innovations as presented in the pull demand-driven model may be crucial to the fashion circular economy transition. The pull demand–driven model may shift the economy from scales to scopes, change the whole process of how the fashion items are forecasted, produced, and used, and reform consumer behaviours. The paths of adopting digital fashion circular business models are also different among large, SMEs and startup fashion firms.Practical implicationsThe study provides business managers with empirical insights on how circular business models (CBMs) should be chosen according to intrinsic business capacities, technological competences and CE strategies. The emerging trends of new fashion markets (e.g. rental, subscription) and consumers' sustainable awareness should be not be neglected. Moreover, besides adopting recycling and reuse strategies, large fashion incumbents consider collaborating with other technology suppliers and startup companies to incubate more radical innovations.Social implicationsAppropriate policies and regulations should be enacted to enable the digital CE transition. Market patterns and consumer acceptances are considered highly challenging to these digital fashion models. A balanced policy on both the demand and supply sides are suggested. The one-side policy may fail CBMs that entail an upside-down collaboration of both producers and consumers. Moreover, it is perhaps time to rethink how to reduce unnecessary new demand rather than repeatedly producing and recycling.Originality/valueThe pace of CE research is lagging far behind the accelerating environmental contamination by the fashion industry. The study aims to narrow the gap between theory and practice to harmonise fashion firms' orchestration and accelerate the transition of the fashion industry towards the CE. This study examines diverse types of digital technologies in different circular business models in a homogeneous context of the fashion industry with heterogeneous firm types.

Digital technologies in micro and small enterprise: evidence from Uganda's informal sector during the COVID-19 pandemic

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Saadat Nakyejwe Lubowa Kimuli ◽  
Kasimu Sendawula ◽  
Shakilah Nagujja
Keyword(s):  
Informal Sector ◽  
Service Providers ◽  
Digital Technologies ◽  
Business Owners ◽  
Sustainable Growth ◽  
Small Enterprise ◽  
Content Type ◽  
Digital Service ◽  
Business Operations ◽  
The Impact

PurposeThe purpose of the study was to explore the intention of micro and small enterprises’ (MSEs) owners to adopt digital technologies as a strategy to catalyze sustainable growth of Uganda's economy.Design/methodology/approachThis study adopted a qualitative, multi-case design. The unit of inquiry consisted of business owners operating in St. Balikuddembe Market, Kampala, Uganda. They were interrogated to explore their intention to adopt digital technologies during the total lockdown as a strategy to sustainably operate their businesses.FindingsA total of four major themes emerged from the data analysis process and these are the impact of coronavirus disease 2019 (COVID-19) on business operations, awareness of digital technologies, usage of digital technologies and intention to use more digital technologies.Practical implicationsThe findings of the study shed light on what policymakers, digital service providers and business owners can do to improve uptake of digital technologies among MSEs in Uganda.Originality/valueThis study contributes to the extant literature on digital technologies in MSEs using evidence from Uganda's informal sector. The results of the study may catalyze uptake of digital technologies as policymakers and digital service providers will devise appropriate strategies that will enable business owners to integrate these technologies into their business operations.

Application of Digital Well Construction Planning Tool During Well Conceptualization Phase

2021 ◽  
Author(s):  
Costeno Hugo ◽  
Kandasamy Rajeswary ◽  
Telles Jose ◽  
Camacho Jacob ◽  
Medina Diego ◽  
...  
Keyword(s):  
Data Storage ◽  
Construction Planning ◽  
Team Collaboration ◽  
Planning Stage ◽  
Risk Levels ◽  
Well Design ◽  
Surface Data ◽  
Well Trajectory ◽  
Ease Of Access ◽  
Manual Input

Abstract Digital well construction tools are becoming more widely considered today for well design planning, enabling automated engineering and simultaneous team collaboration under a single solution. This paper shows the results of using a digital well construction planning solution during a project’s conceptual planning stage. This method shortens the time needed to estimate the well times and risk profile for a drilling campaign by applying smart engines to quickly and accurately perform critical offset analysis for defined well types that is required for project sanction. With this solution, the Offset Well Analysis (OWA) process is done automatically based on the location of the planned well, trajectory and well architecture. Various information and reports (both subsurface and surface data) from neighboring wells is stored in cloud solutions, enabling ease of access and data reliability for both large or smaller scale data storage. The software selects the most relevant offset wells, displays the risk analysis and generates the stick chart. For a conceptual design, the risk levels can be manually set higher due to potential unknowns in surface and subsurface risks which can later be refined. Quick validation of the well design allows the engineer to design a conceptual drilling campaign quickly and more efficiently. The solution minimizes the time to perform probabilistic time and risk estimations. It reduces the risk of biased decision making due to manual input and design. This allows for better-informed decisions on project feasibility, alignment of stakeholders, increased design reliability as well as reducing the amount of time and resources invested in OWA. The work presented here is aimed at sharing the experience of applying a digital well construction planning solution specifically on the conceptual project stage and discuss the value it adds to the well design process.

scholarly journals ‘I’m not getting out of bed!’ The criminalisation of young people in residential care

2018 ◽  
Vol 52 (1) ◽  
pp. 76-93 ◽  
Author(s):  
Alison Gerard ◽  
Andrew McGrath ◽  
Emma Colvin ◽  
Kath McFarlane
Keyword(s):  
Criminal Justice ◽  
Young People ◽  
Criminal Justice System ◽  
Residential Care ◽  
Police Officers ◽  
Justice System ◽  
Service Providers ◽  
Care Service ◽  
Management Tool ◽  
Children In Care

Evidence from both Australian and international jurisdictions show that children in residential care are over-represented in the criminal justice system. In the current study, we interviewed 46 professionals who had contact with young people in residential care settings in New South Wales, Australia. Our sample included police officers, residential care service providers, legal aid lawyers and juvenile justice workers, about their perceptions of the link between residential care and contact with the criminal justice system. Factors identified by the participants included the care environment itself, use of police as a behavioural management tool, deficient staff training and inadequate policies and funding to address the over-representation. These factors, combined with the legacy of Australia’s colonial past, were a particularly potent source of criminalisation for Aboriginal children in care.

Paradigms in business process management specifications: a critical overview

2019 ◽  
Vol 25 (5) ◽  
pp. 1040-1069 ◽  
Author(s):  
Panos T. Chountalas ◽  
Athanasios G. Lagodimos
Keyword(s):  
Business Process ◽  
Business Process Management ◽  
Process Management ◽  
Management Tool ◽  
Total Quality ◽  
Content Type ◽  
Scholarly Publications ◽  
Common Framework ◽  
Management Paradigms ◽  
Critical Overview

Purpose Despite its popularity, business process management (BPM) is not unequivocally defined, but obtains different forms with varying specifications. This paper presents a critical overview of BPM, as it appears within four dominant management paradigms: total quality management, standardized management systems, business process reengineering and Six Sigma. The purpose of this paper is to explore BPM specifications and compare the BPM implementation potential under each paradigm. Design/methodology/approach This is based on the analysis of a large number of highly cited scholarly publications. In order to identify the nature of BPM within each paradigm, a common framework for comparison is first established and then, for each paradigm, BPM is analyzed according to the main parameters of this framework. Findings Many differences among various BPM forms are paradigm driven. So, the approach adopted by each paradigm (i.e. individual-process or systemic approach) affects the scope and role of BPM. The principles of each paradigm directly affect the attributes assigned to BPM. Despite of important differences, the structure of BPM within all paradigms conforms to the stages of the classical BPM lifecycle. However, each paradigm assigns different weights to each stage and also displays different levels of BPM implementability. Originality/value The paper presents a first systematic comparison of BPM specifications for the dominant management paradigms primarily deployed. It thus explains why many attributes originating from the paradigms have crept into the general BPM specifications. This work can be considered as a step toward defining the core attributes of a paradigm-independent BPM model, thus enhancing its application scope as an invaluable management tool.

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