Date of Conferral
2023
Degree
Doctor of Business Administration (D.B.A.)
School
Management
Advisor
Marilyn Simon
Abstract
The difficulties offshore wind leaders have in managing operations and maintenance (O&M) costs threaten the ability to operate offshore wind farms profitably, diversify the energy supply, and reduce dependence on imported fuels. Grounded in the frameworks of Lean Six Sigma and McKinsey 7-S, the purpose of this qualitative multi-case study was to explore offshore wind farm leaders’ strategies to manage O&M costs in Europe. The participants were six offshore wind leaders who implemented strategies to successfully manage O&M costs for offshore wind farms located in Europe. Data were collected using semistructured interviews, participant observation, and reviewing public and participant-supplied documents. Four themes emerged from the thematic analysis: operations and environmental monitoring to enhance financial planning efficiencies, infrastructure risks that affect performance and influence management strategies, contractual risk management strategies, and stakeholder engagement. Key recommendations are for offshore wind leaders to invest in monitoring tools, implement effective stakeholder engagement strategies, increase staff training programs, and engage in partnership arrangements to encourage industry-wide innovation and cost-reduction strategies. The implications for positive social change include the potential for successful change initiatives that positively impact employment, promote economic health, and contribute to a cleaner environment.
Recommended Citation
Shimp, Heather Louise, "Offshore Wind Industry Leaders’ Operations and Maintenance Management Strategies" (2023). Walden Dissertations and Doctoral Studies. 14771.
https://scholarworks.waldenu.edu/dissertations/14771
