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DEVELOPING AN ASSET MANAGEMENT BASED CULTURE
ONE DOES NOT SIMPLY
CHANGE FROM A TRANSACTIONAL APPROACH
TO AN ASSET BASED APPROACH
V11
AMS
Financial
Performance
(ROI)
Investment
(Cost, Risk,
Opportunities &
Performance)
Risk
(Reducing loss,
liabilities &
penalties)
Services
(Improved
outputs &
customer
satisfaction)
Social
Responsibility
(Breeam,
Carbon)
Compliance
(Legal,
Statutory &
regulatory)
Reputation
(Goodwill,
opportunities)
Sustainability
(VE, added
value, lifecycle)
Efficiency and
Effectiveness
(Objectives,
performance)
Decide What the drivers are….
An asset is an item, thing or entity that has potential or
actual value to an organization. The value will
vary between different organizations and their stakeholders,
and can be tangible or intangible, financial
or non-financial
Source: ISO 55000
Understand how these drivers affect your asset management needs
- +
Balance your priorities
Fundamentals
Value
Alignment
Leadership
Assurance
Get the basics in place
Organisation Plans
& Objectives
Asset Management
Strategy
Asset Management
Policy
Asset management
Plans
Implementation of
Plans
Asset management
System(s)
Evaluation
Clients
Contracts
Reports
Turn your Strategy into actions and goals
Evaluate what this means
DON’T PANIC – We’re here for you

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