Fire Horse © J2 | Dreamstime.com
We have two problems in current Asset Management. They both need change!
Talking with AM practitioners around the place, one issue is that implementing AM as a system, as in ISO 55000, is not sticking – even if it got somewhere in the first place.
AM is literally nothing if it doesn’t make a fundamental change in how we decide what to do to our existing physical assets.
ISO 55000 is remarkable for not being worse than it is, but – looking back – AM is not primarily a quality management system at all. It’s a radically different way to look at the future.
I now believe that’s where we need to start, not an end point.
And this means going straight to the top, rocking the boat, even burning metaphorical and perhaps even actual bridges.
The second issue is that we really do need to make decisions in a different way: the criteria for appropriate assets have moved on since the 1980s. We cannot continue with assets as usual, in the face of climate change, changing demands, and environmental constraints.
What’s heartening in this Year of the Fire Horse is that growing numbers of asset managers agree, through their frustrations. If it doesn’t shake things up – it’s not Asset Management.
We declare: The Year of the Fiery Platypus. Time to change the rules.
Thank you to Diarmaid O Culain for the inspiration!
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