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On-Demand Recording: How to Move the Right Reliability and Asset Management Levers to Enhance Shareholder Value

On-Demand Recording: How to Move the Right Reliability and Asset Management Levers to Enhance Shareholder Value

Corporate senior executives have traditionally seen reliability and asset management levers as uninteresting and technical activities  However, forward thinking organisations are learning that when these levers are moved, they can significantly enhance and sustain the shareholder value of the enterprise Bob DiStefano is credited with being one of the earliest leaders to recognise and emphasise the links between corporate business performance and asset management In his fascinating keynote at the Mainstream Conference in 2017, Bob dissected a company’s financial statements ....

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2 Companies That are Proving Good Asset Management Impacts Financial Results

2 Companies That are Proving Good Asset Management Impacts Financial Results

In many asset intensive companies around the world, corporate executives are more focused on achieving financial results than the technical aspects of running a company They know they have highly talented, technical people who will worry about the ‘nuts and bolts’ of the asset management world What they often don’t understand is the impact that asset management practices have on the financial performance of the company, and the potential that improvement in these areas can have on the bottom line ....

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On-Demand Recording: Choosing Metrics to Achieve Cost Optimisation and World Class Performance

On-Demand Recording: Choosing Metrics to Achieve Cost Optimisation and World Class Performance

Every maintenance organisation needs to be measured However there is no one-size fits all method of measuring the health of your organisation Using well-thought out and carefully selected metrics, Anheuser-Busch moved from being an average maintenance organisation to world class across twelve facilities The efficiencies gained in this effort enabled them to reduce parts costs by over 20% and labour costs by over 10% This was accomplished by auditing their facilities on a regular basis and developing action plans after ....

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Mainstream Conference Celebrates 22 Years

Mainstream Conference Celebrates 22 Years

Over 400 asset management thought-leaders, professionals, practitioners and sponsors came together for another highly successful Mainstream Conference held in Perth and Melbourne this April This is the 22nd year this thriving community has come together to explore the leadership, technology, ideas and innovations that are transforming asset management today There were three broad areas of focus at this year’s Mainstream Conference: 1 Asset Management Strategy: ISO 55000 was a big focus for this year’s event with some brilliant perspectives from Scott ....

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Creativity for Asset Management Professionals: How to Break out of the Box of Fixed Thinking Patterns

Creativity for Asset Management Professionals: How to Break out of the Box of Fixed Thinking Patterns

When was the last time you were ‘creative’ You may have to think all the way back to finger painting in pre-school or perhaps it was a more recent flourish of inspiration to make that cubby house your kid has been nagging you about Many engineers and asset management professionals think they’re not creative because they’ve be labelled as ‘practical’, ‘left-brained’, or ‘good with their hands’ They operate best in an environment where they know how things work But consider ....

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