I work with a variety of organisations in several countries who are attempting to implement good Asset Management. Some are just starting out. A few are quite sophisticated. And one or two are even tackling the question of infrastructure decision making in our communities.

I was struck again this month by how hard this all sometimes seems.

Organizations who are just starting out have interesting challenges, of course, including no-one much understanding what AM is and, usually, a lack of resources. One half time resource without much authority, for example, can’t do much to radically transform their business.

But surely it doesn’t have to be that hard, conceptually, to sort out a basic asset inventory, classic Wave 1?  Plenty of organisations have already sorted that – it is, as my old colleague John Lavan put it, a puzzle, for which there is an answer already known, not a problem we haven’t yet solved.

And yet many people just don’t seem to have good sense about asset information.  And want to reduce the problem to basic IT, which they also don’t do very well. (I am feeling a bit grumpy about this: can’t someone please donate good-enough asset hierarchies and principles into the public domain, or even write the book so no-one ever has to reinvent those particular wheels?  TJ, Dave Ulrich, I am looking at you guys here.)

Wave 2, strategic AM and better all-round asset decision-making also depends on something rather more than technology – and that, I am sure, is why organisations struggle. It involves people! Culture! And politics, small p, and sometimes Big P too!

Where Asset Management is effective, infrastructure Asset Managers can then get caught up in Wave 3. And however smart and well-resourced they are, it’s big.

A great current example is electric buses, something the US Federal government wants to throw money at as part of ‘decarbonization’ of transport. But the questions of how, and why, to invest with all the interconnecting issues of the infrastructure for the buses themselves, performance and customer satisfaction, and whether this will even give the right carbon-reduced answer…

Asset Managers get it. But they are a small drop in a large ocean of greed and love of shiny new things.

I asked a buddy who’s simply caught in too many stupid business decisions in a utility whether he might just bring in some additional resources to tackle more of them… But he said, quite rightly, where from? Who gets it, and all the diplomacy, strategic thinking, experience, intelligent use of what data there is that is that’s required, all at once?

ISO 55000 doesn’t help it all that much.

In a new series of blogs, I want to look with your input at some of the challenges we see in every Wave. Of course we love challenges. But I also see rather too many Asset Managers at every stage drowning in the sheer size of the job.

Series to include: asset information, risk, networking, attitude change, and more.