Strategic Asset Management – The Foundation For Organizational Resilience

Strategic asset management is an organizational approach which is based on the notion that physical infrastructure assets are enablers of business goals. Asset management is a key capability in this holistic perspective that is endorsed by BS 65000:2014 Guidelines on Organizational resilience.

Effective maintenance can help you attain your goals, whether it’s to reduce downtime, repair costs, increase productivity, or improve the reliability of equipment. You must first understand the performance and needs of your equipment. This involves creating a precise and thorough inventory. It is also important to develop strategies to acquire new assets, putting an focus on their long-term worth and their alignment with the company’s goals.

Once you have a solid foundation that is solid, you are now ready to move from a reactive to a proactive approach. This means avoiding common pitfalls, such as failing to align maintenance tasks with strategic goals, misinterpreting the data or not regularly comparing baseline report.

Avoid these traps by integrating your strategic asset management into an automated Maintenance Management System (CMMS) that is designed to connect all the pieces of https://agecheckstandard.com fortifying network security in the digital economy your operation puzzle. You’ll gain the visibility and transparency you require to not just identify areas to improve, but also to strengthen your case when it comes time to justify your budget request.

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