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The Asset Management Journey

Introducing the Asset Management Ecosystem

The 2017 AME conference was an enormous success that brought together many asset decision makers to discuss and debate the strategy of asset management. It is without question that the first annual AME conference has touched a nerve with many in the AM community.  We have discovered that our keen focus on the strategy of asset management as opposed to tactical asset management is covering ground that many other programs don’t. We view this as the 80/20 rule.  We are dedicated to staying 80% strategic and 20% tactical as others are the reverse.  That is our differentiator, and we make the promise to the asset management community to stay true to that mission.

Every company has a goal to manage their investments in physical assets more effectively. What they often fail at is understanding how these assets need to integrate into a master strategy, manage the asset lifecycle, perform efficient and proactive maintenance of the assets, and effectively manage the maintenance workforce.

Organizations strive to have their assets run more reliable, at lower cost and with improved safety.

Asset Management Ecosystem

But many of these programs struggle to succeed because the efforts put forth focus on the latest technology solution without addressing the underlying problems. Successful asset management must begin with a comprehensive and “right-fit” strategy for managing assets with considerable focus on the people, culture, process, methodology, strategy and then the technology needed to achieve the business objectives. Effective asset management is goal-oriented, comprehensive and data-driven. It is critical to match the asset management strategy to the organizational strategy.

The goal of the Asset Management Ecosystem is to give insight and expertise around reimagining the asset management ecosystem.

It starts with a strategic plan that all asset stakeholders agree upon.  It’s a coordinated series of goals and actions that culminate to activities to realize value from their assets. The hub of a good asset strategy is making the best decisions possible for the long-term objectives of the organization.  Taking into consideration the costs, risks and performance of assets over time. Decisions are only as good as the information that it’s based on, and the people, departments and process responsible for collaborating the effort. 

An organizations culture becomes the most critical aspect of the success of an asset management strategy. Organizations that align their people, culture, processes and strategy often realize huge benefits of cost-savings, reduced risk, and improved performance.  

Starting from the analysis and strategy of designing a comprehensive asset management program to the tools and technologies to get you there. This 3-day event will cover many aspects of the journey from the initial planning to the final dismantle and clean-up of an asset and every step along the way. Learn from the practitioners that make this work at many of the world’s largest and most successful organizations.  

The Asset Management Ecosystem is designed to give senior management insight to the best pathway to ensuring that they are making the best decisions possible to maximize the value of their assets. It also gives the managerial and tactical teams the communication tools to build their AM business plans to align with the organizations business objectives. 

Who will attend AME?

View the list of industries and job titles.

 

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