by Martin Kerr | | Change Management, Culture, Leadership
I want to share a story from one of the most complex projects I’ve ever led. A joint venture for an offshore manufacturing startup in South Asia. On the surface, it was a straightforward goal… Reduce production costs and expand our global footprint. But, as...
by Martin Kerr | | Asset Management, Change Management, Leadership
Context On any given day, around the world, the business functions of Commercial and Finance quietly tick along. Commercial seeking to get the best outcome from a contract, challenging variations, claiming extensions of time, and sometimes playing bad cop on behalf of...
by Martin Kerr | | Asset Management, Change Management, Leadership
Change Management and Risk Management (A Perfect Match?) Change is constant, and managing it well separates successful organisations from the ones that keep putting out fires. I usually default to ISO 31000, the international standard for risk management, as a...
by Martin Kerr | | Asset Management
Explaining Asset Management with 3 Easy Questions In a recent workshop, there was a lot of confusion, mixed feelings (and emotions) on what Asset Management is and why it’s important. There was a wide variety of business functions, ranging from Finance,...
by Martin Kerr | | Asset Management, Change Management, Leadership
Every senior leader needs to know ISO 55000 and ISO 10020 In boardrooms and executive reviews across the world, asset management is high on the agenda. Organisations are under pressure to deliver more value, more sustainably, from the assets they already own, operate...
by Martin Kerr | | Change Management, Culture, Leadership
When I first got into change management, I was drawn to the popular change models such as Kotter’s, Lewin’s, and ADKAR. They’re practical, relatable, and provide a clear path. I still use them now. But I’ve learned over the years that change...
by Martin Kerr | | Asset Management, Change Management
In 2016 Harvard Business Review (HBR) published an article by Eric Almquist, John Senior, and Nicolas Bloch with the title “The Elements of Value”. It had the subtitle “Measuring-and delivering-what consumers really want”. I am going to draw a parallel to this HBR...
by Martin Kerr | | Asset Management, Change Management, Culture, Leadership
When we think of assets and asset management, it is easy to picture physical things, such as maintenance, spare parts, engineering, etc. Assets are all around us. We interact with assets daily, whether physical/tangible or non-physical/intangible. An asset, by...
by Martin Kerr | | Asset Management, Change Management, Culture, Leadership
When I started my career, I thought “change management” was something Human Resources did when people got moved around and “asset management” was just about fixing things that broke. I couldn’t have been more wrong. After decades of working across operations,...
by Martin Kerr | | Asset Management, Change Management, Culture, Leadership
When I first entered the world of asset management, I thought it was mostly about keeping things running. Machinery, maintenance schedules, and physical stuff. On the other hand, change management seemed like something the HR or transformation teams did when...
by Martin Kerr | | Asset Management, Change Management, Leadership
When I first started out as a Maintenance Fitter in the late ’80s, I didn’t think much beyond getting the job done, fixing the machine, staying on schedule, and moving to the next task. But over the years, something became crystal clear…the assets we manage aren’t the...
by Martin Kerr | | Asset Management, Change Management, Leadership
As the convenor of ISO 55001:2024 via ISO TC251 Asset Management and a former IMS (Integrated Management System) Manager, I have witnessed organisations overcomplicate developing a “fit for purpose” Asset Management System. Some chase a “tick”,...
by Martin Kerr | | Asset Management, Change Management
When most people hear “Configuration Management”, they often think of parts lists and engineering drawings. It sounds as much fun as a tax audit. I used to think the same, however, over time and through some challenging experiences, I have come to...
by Martin Kerr | | Asset Management
Thank you to The Institute of Asset Management (IAM) for allowing me to share insights gained as convener of ISO 55001:2024. In this prerecorded webinar (August 2024), I unpack the 2024 revision of ISO 55001, offering a convenor’s view of ISO55001’s evolution,...
