by Martin Kerr | | Asset Management, Culture & Behaviour, Decision-Making & Risk, Transformation & Capability
Thousands of seemingly minor operational decisions can progressively alter the organisation’s exposure to cost, risk and performance without ever appearing in formal governance. Individually, these decisions may appear reasonable; collectively, they can create...
by Martin Kerr | | Asset Management, Culture & Behaviour, Leadership & Governance, Transformation & Capability
The organisation develops a false sense of maturity because its frameworks, policies and processes appear complete while actual behaviours remain unchanged. Leadership may believe Asset Management capability is embedded when critical decisions are still being made...
by Martin Kerr | | Asset Management, Culture & Behaviour, Data & Information, Decision-Making & Risk, Frontline & Operations
The organisation removes the workaround without understanding the operational need that created it. In doing so, it can unknowingly remove an informal control, information source or decision mechanism that employees have developed to compensate for a weakness in the...
by Martin Kerr | | Asset Management, Culture & Behaviour, Data & Information, Leadership & Governance
The organisation begins making decisions outside its governed information environment. When people stop trusting formal asset information, they replace it with local spreadsheets, personal experience and informal sources, creating multiple versions of the truth and...
by Martin Kerr | | Asset Management, Frontline & Operations, Maintenance & Reliability
One of the biggest misconceptions in modern Asset Management is that it sits above Maintenance as a purely strategic discipline. While Asset Management provides governance, direction and lifecycle decision-making, its success is ultimately determined by what happens...
by Martin Kerr | | Asset Management, Decision-Making & Risk, Leadership & Governance
Asset Management Is About Decisions, Not Assets When people hear the term Asset Management, they naturally focus on the assets themselves: roads, railways, water infrastructure, manufacturing equipment, buildings, utilities, or technology. Yet one of the biggest...
