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A maintenance strategy is a structured approach to managing the upkeep and repair of equipment, machinery, or facilities to ensure optimal performance and minimize downtime. It encompasses various practices, such as preventive, predictive, and corrective maintenance, tailored to the specific needs of an organization. By implementing an effective maintenance strategy, organizations can extend the lifespan of assets, reduce operational costs, and enhance overall productivity.

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3mo ago

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Is a strategy adopted by management to maintain or slightly improve the amount of business that an SBU is generating?

Yes, a strategy adopted by management to maintain or slightly improve the amount of business that a Strategic Business Unit (SBU) is generating is often referred to as a "stability strategy" or "maintenance strategy." This approach focuses on sustaining current performance levels, optimizing operations, and making incremental improvements rather than pursuing aggressive growth. It is typically employed in mature markets where significant expansion opportunities are limited.


Who implements strategy?

it is obvious that strategy makers implements the strategy they made, strategy makers can lead the strategy to a level of succession.


What are different types of business strategy?

There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.


What is aligning compensation strategy with HR strategy and business strategy?

aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.


Different forms of strategic management?

There are a number of forms of strategic management. Some of these include strategy as a plan, strategy as pattern, strategy as position, strategy as ploy, as well as strategy as perspective.

Related Questions

A technician is designing a hardware preventive maintenance plan for a company Which strategy should be included in the plan?

Schedule and document routine maintenance tasks.


What has the author R A Cross written?

R. A. Cross has written: 'Maintenance management strategy for Mobil Oil's Coryton bulk terminal'


What has the author Alvin I Mushlin written?

Alvin I Mushlin has written: 'Developing a quality assurance strategy for primary care' -- subject(s): Health maintenance organizations


How can strategy affect strategy?

if your strategy is affecting strategy itself then the strategy is not worth implementing


What do you understand by preventive periodic maintenance?

Preventive periodic maintenance refers to scheduled maintenance activities aimed at preventing equipment failures and ensuring optimal performance. This approach involves regular inspections, servicing, and replacements of components before they fail, thereby minimizing downtime and extending the lifespan of assets. By adhering to a maintenance schedule, organizations can reduce repair costs and enhance operational efficiency. Overall, it is a proactive strategy to maintain reliability and safety in various systems and machinery.


What are the adjectives to describe a strategy?

Good strategy, bad strategy, well-defined strategy, outdated strategy, coherent strategy, sophisticated strategy, aggressive strategy...


Who implements strategy?

it is obvious that strategy makers implements the strategy they made, strategy makers can lead the strategy to a level of succession.


What are different types of business strategy?

There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.


Which strategy should be included in the preventive maintenance plan?

A preventive maintenance plan should include a regular inspection schedule to identify potential issues before they escalate into major problems. Additionally, it should incorporate routine servicing of equipment, such as lubrication and calibration, to ensure optimal performance. Training staff on proper usage and maintenance practices is also essential to reduce wear and tear. Finally, maintaining a detailed log of maintenance activities can help track performance and inform future planning.


What is non-comprehensive maintenance?

Non-comprehensive maintenance refers to a type of maintenance approach that focuses on specific components or systems rather than the entire system. This selective strategy often targets known issues or areas that require immediate attention, rather than conducting thorough checks on all parts. It can be more cost-effective in the short term but may lead to overlooked problems that could escalate if not addressed. Overall, it prioritizes immediate needs over a holistic view of maintenance.


What is aligning compensation strategy with HR strategy and business strategy?

aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.


What is a sentence for strategy?

Ramone had a well-researched strategy. Having a strategy is important. Ted used a time-tested strategy. The strategy is to stay on course.