Analysis of Local Government Physical Asset Management Practices Stakeholders: The Ugandan Case
Keywords:Physical asset, physical asset management practices, local government, stakeholders, Uganda
In local governments, physical assets are managed to achieved stated objectives of the organization. Although the stakeholders are entitled to enjoy flawless, safe and secure service outputs with the aid of excellent physical assets, in most cases the stakeholders are unknown. Stakeholder analysis is a valued tool for identifying and analyzing the characteristics, knowledge interests, positions, and potential for and/or actual stakeholders but is rarely carried out in local governments (LGs) in Uganda. This despite the fact that such analysis makes known the contribution of stakeholders to increased productivity and growth through optimizing the value of physical asset over its lifetime. Therefore, this paper has tackled the problem of PAM practices by introducing a theoretical framework bringing together all key stakeholders with the purpose of explaining their roles for an effective PAM practices in the LGs. Using Cooper’s Taxonomy of Literature Reviews (CTLR) offered by Cooper (1988), the researchers make a synthesis of diverse literary works to serve as a determinant consequence of effective stakeholder relationships with respect to PAM practices in the LG context. Drawing on the stakeholder theory, this work contributes to the literature by showing that stakeholders are embedded within the processes of PAM practices, and identifying them and their critical roles important for success. The implications of each of the findings for effective PAM practices are discussed. Besides the work emboldens the signification of empirical literature acting as a supplement for academics and researchers for reference to their quest. The results may also provide information to management in LG to leverage the engagement of their stakeholders for an effective PAM practice. Moreover, the work will be relevant to policymakers who design support schemes and mechanisms to enhance stakeholder engagement with the intent of promoting value creation in the physical assets.
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