Blog
Asset Management Best Practices: Navigating Covid-19
We’ve relied very much over the years on informal “water cooler” or “hallway” conversations to get caught up, coordinate, and build background narratives with our colleagues and teams at work; To check progress and see where people need help. These have been habitual practices that make things work but are now severely curtailed. These conversations…
Read MoreEvery Environment is Someone’s Production Environment
Any complete definition of “Production” must include work that supports the making of some thing or service. That inclusion opens up “production” to include everyone’s work – it really includes your company’s whole supply chain. Wherever work is done is some form of production environment. If that environment (e.g.: computer, truck, instrument, lab space, test…
Read MoreCovid-19 and The Urgency for Change. Finding & Navigating Dangerous Bumps!
Businesses have been grappling for years with changes in technology and practices driven by the new competitive requirements of the 4th Industrial Revolution (IR4). Then the Covid-19 pandemic appeared and that urgency drove new practices because they were required immediately to continue operations. The pandemic has kicked off a race for improvements and digitization that…
Read MoreIntroducing Accelerated Enterprise Asset Management – aEAM
Asset-Intensive operations have their own set of unique challenges when considering how they will be transformed for speed and cost competitiveness post-Covid-19. aEAM is looking like an answer to CEOs who, emboldened by the initial adoption of collaboration tools made necessary by Covid-19, intend to accelerate broader changes required to drive speed and efficiency into…
Read MoreAsset Management 5.0: Software Training & Implementation Aimed at Outcomes
Unless you plan to produce great results, you don’t have a chance at producing them. They don’t happen by accident. The outcomes you aim at will specify what kinds of tools you will need and how you will need to use those tools. The same tools can be used by two different people or people…
Read MoreThe Pandemic Has Exposed Asset Management Failings & Opportunities
The Covid-19 pandemic has been a huge disruption, but if we are honest it has already shown us how unprepared we are to react to quickly changing events effectively. This capability to adapt is a competitive necessity today with or without the pandemic. To compete in the 4th Industrial Revolution requires resilience and speed and…
Read MoreIs Your Team Ready, Willing and Able to Make The Changes Required to Win?
In the asset management game, most solutions are focused on technology often at the exclusion of the asset management team and their customers. Just as the musician’s skill has a huge impact on the musical performance, such is also the case with asset management. It doesn’t mean that tools aren’t important, they are, but by…
Read MoreGetting Resilient in a Time of Crisis
Our situation has changed meaning we now have new threats (the virus and getting sick) and new obligations (hygiene and physical distancing) required to help us take care of those threats. At the same time, none of the threats or obligations we had before have been relieved. Our organizations still must move with speed and…
Read MoreKnowledge is Essential for Focus and Speed
Knowledge is power. If our knowledge is better than our competitors’ knowledge it gives us the power to win. If we work purposely at increasing our knowledge, and we succeed, our accomplishments or results increase as well. Outcomes or results are produced by people and teams who have the knowledge to produce them. Knowledge is…
Read MoreCan Your Suppliers Unwittingly Spoil Your Culture Change Efforts? Beware, Bad Apples!
Culture Can Keep Costs Low… when that culture is effective for dealing with the situations members of the culture confront on a daily basis. If the culture isn’t working costs are high. When an effective culture is shared it is easier for them to trust each other and, as a result, lowers the cost of…
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