Asset Management vs Performance

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Asset Management vs Performance

Abstract

Philip and Fred discuss the important differences between Asset Management “Systems” and “Asset Performance”. Philip has been teaching at the university level for over 10 years as an industry expert and has concluded that adherence to Asset Management System and certification does not equate into great asset performance. There is a very big disconnect between the asset performance of those organizations who are actually certified in asset management systems like ISO 55000. If you have a good Asset management “System” in the industry today it does not guarantee that you will have great “Asset Performance”.

Why ISO “management systems” like ISO 9000 and ISO 55000 and ISO 14000 are not well suited to produce top “Asset Performance”.

ISO is after all – a self-confession – “say what you do – then back it up with documentation to prove you do what you say!”

Why is poor asset performance possible form certified organizations? Why is top performance in an industry occuring where organizations are not certified to ISO 55000? Why do digital twins fail to deliver?

Remember – “the pursuit of Performance is the only thing that makes you Excellent!”.

Key Points

Join Philip and Fred as they discuss
Topics include:

• Asset Management Systems do not guarantee top Asset Performance
• Top Asset Performance often occurs without a standard based Asset Management System
• The pursuit of Excellence delivers the best in Class performance.

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Show Notes

The post SOR 981 Asset Management vs Performance appeared first on Accendo Reliability.