Strategic Asset Management
'Anything is easy, if you can assimilate it to your
collection of models'.
Seymore Papert, Mindstorms
Asset Management (AM) is a structured and holistic approach to aligning
and managing the performance of assets as an organisational resource to meet business
objectives and drivers. It is a top-down policy driven and bottom-up needs verified
approach. The process of AM needs to take into account and incorporate:
Strategic Planning
- Business strategy and objectives.
- Customer expectations and legislative requirements.
- Service level strategy.
- Asset strategy.
Tactical Planning
- Asset management plan.
- Marketing plan.
- Human resources plan.
- Customer service plan.
- IT plan.
- Financial plan.
Operational Planning
- Implementing AM solutions via projects.
Key activities of AM comprise (NSW TAM Manual):
- Stakeholder consultation.
- Developing a Service Level Strategy and Plan,
including Demand Management.
- Developing an Asset Strategy and Plan.
- Developing a Capital Investment Strategy and
Plan, including Procurement and Heritage Management.
- Developing a Maintenance Strategy and Plan.
- Developing a Sustainable Development and Plan.
Supporting these key activities is a set of tools:
Value Solutions have worked with a number of organisations reviewing
and implementing Strategic Asset Management including risk based approaches to the
management of assets.
For more information on the services that we offer please contact us.
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