CHECKING
Is Your Board Vulnerable to Stranded Asset Risk?

Is Your Board Vulnerable to Stranded Asset Risk?

Stranded asset risk is an important consideration for boards. Just as assets may become technologically redundant when they are replaced with a newer model, assets may also become politically or economically redundant. Even if you’re the best blacksmith, you don’t want to be the last blacksmith when horses make way for cars. Stranded assets are assets that suffer from unanticipated or premature write-downs, devaluations or conversion to liabilities. For example, there is potential for coal-based assets to become ‘stranded’ if ....

Read More

Free eBook: The Performance Measurement Toolkit for Asset Managers

Free eBook: The Performance Measurement Toolkit for Asset Managers

In order to improve any aspect of performance you have to be able to measure where you are each step of the way. Asset management is no different. What and how you measure is often a challenge; there is no one-size-fits-all method for measuring the health of your organisation. But there is this toolkit, which will help guide the way. Download this eBook to discover: Questions to help you choose the right metrics for your organisation How to pinpoint areas ....

Read More

The Sustainable Plant: A Checklist for the Responsible Manufacturer

The Sustainable Plant: A Checklist for the Responsible Manufacturer

The importance of sustainability in manufacturing is growing at an exponential pace. The US Department of Commerce defines sustainable manufacturing as “the creation of manufactured products that use processes that minimise negative environmental impacts; conserve energy and natural resources; are safe for employees, communities and consumers; and are economically sound.”  In this context, the term sustainable manufacturing includes the extraction, process and manufacturing industries. Globally, consumers are increasingly concerned about sustainability. According to a 2017 Gallup poll, the percentage of ....

Read More

Pioneers of Smart Technology: SA Water Case Study

Pioneers of Smart Technology: SA Water Case Study

In 2017 South Australian Water implemented a “smart network” in Adelaide’s CBD, using smart technology to listen to the water network for leaks, reducing the impact of water main failures on customers, and maximising the life of the water supply network. The broad role out of smart sensor technology to monitor water networks isn’t extensively used around the world, in fact SA Water is the first water utility in Australia to do so on this scale. We recently interviewed Peter ....

Read More

Building the Business Case for an Asset Performance Management System

Building the Business Case for an Asset Performance Management System

With all the hype around the Industrial Internet of Things (IoT), digital transformation and Industry 4.0, we’re all familiar with the amazing potential Asset Performance Management (APM) presents. But when it comes to persuading executives, it won’t be enough to have an incredible technical system – the answer comes down to dollars and cents. To be an effective internal champion, it’s important you learn how to present a sound business case. The first thing to do when building a business ....

Read More