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Identifying Pain Points for Asset Management Professionals

Roundtable discussion groupAs a Program Director, I often get asked how I decide on what goes into the Mainstream Conference program each year. While finding the people and organisations with the best stories is an important part of putting the event together, what many people don’t realise is that the research process starts long before the event planning even begins – usually 6 months out from the conference – when we get the community together in a series of roundtable discussion groups (or RTDs). It’s in these RTDs that we uncover and unpack the most pressing issues that are facing the Asset Management community. The challenges that keep them up at night and often prevent them from moving their teams and businesses forward.

Each roundtable discussion group involves around 20 people who sit around a… well… a round table! These people are real practitioners in the industry – Asset Managers, Maintenance Managers, Reliability Professionals – we want to speak to the people in the thick of it who are managing teams, driving strategic thinking, leading transformation projects and living the complexities that come with that every day.Continue reading

Filed under: Industry Research

Asset Management 2017: Industry Snapshot

asset-management-2017

As senior asset management leaders we strive for operational excellence. We know how important asset management is in a company’s ability to increase productivity, and to demonstrate continuous improvement. The fact is we rely on our assets to make money. We need to disrupt the mindset that asset management simply equals maintenance – it doesn’t. The current climate is right for engaging senior management in long-term asset management strategy and ensuring our organisations are set up to for continuous improvement.

How do we make asset management the value proposition that we know it needs to be? How can we maximise asset performance through stakeholder engagement, operational excellence and reliability?  As we set plans for 2017 and beyond, asset management practitioners are asking themselves these and other questions.

In a recent series of roundtable discussion groups, senior professionals revealed what is happening within their organisations and the wider community with regard to the barriers and opportunities to achieving asset management excellence. This report presents the results and explores some of the challenges facing asset intensive industries and the enablers which will lead the path towards change.Continue reading

Filed under: Industry Research

On Demand Recording: Leadership in a High Performing, High Reliability Organisation (NASA)

Implementation and operation of human spaceflight missions is challeNASA_Mainstream_Conferencenging, requiring support from on-board crews and Earth-based flight operations teams. Responding to the changing environment and mission in and beyond Earth’s orbit, as well as managing the inherent risks, requires high performing, highly reliable flight control teams.

Ed Van Cise is the International Space Station Flight Director at NASA. Ed has led multiple space missions and is accountable for critical decisions affecting mission success.

This recorded session (slides synchronized with audio) from Mainstream Conference 2016 explores the subject of leadership within the context of International Space Station Mission Control based on Ed’s personal experiences.

Download this video to learn:

  • The common traits of high performing and high reliability organisations
  • A case study on incident involving a malfunctioning piece if equipment and how Ed and his team dealt with this near disaster
  • What role does culture play in successful organisations?
  • What you can learn from NASA’s experience

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Filed under: On-Demand Recording

On-Demand Recording: Improving ROI Through Asset Management

Nancy Johnson SessionWhether you’re a planner, a manager or C-suite executive, your Asset Management strategy either contributes to, or detracts from, the bottom line. Generating ROI for a plant or facility requires a sound strategy based on lifecycle management and the commitment of people. It’s not rocket science. It simply requires that plants be viewed like a financial portfolio. We wouldn’t manage our financial portfolio by memory, so why then, would we manage plants that way?

In this top rated keynote presentation from Mainstream Conference 2016, Nancy presents a series of fascinating case studies – covering risk, data, ROI, regulation and ISO 55000 – to show you how asset management reduces risk, increases value and improves market position.Continue reading

Filed under: Free eBooks, Maintenance & Reliability, On-Demand Recording

Video: Is the Maintenance Policy the OEM Gave You, Right? – the Blackhawk, the Chinook and ROI.

Clarrie Sanders MainstreamDespite not being supported by post-graduate degree qualified RAM engineers, the Army Aviation System Program (in Darling Downs, QLD) has an exceptional organic Maintenance Requirements Determination (MRD) capability.

In this video of his session from Mainstream Conference 2016, Clarrie Sanders shows you how they built their team, capability, tools and data in support of maintenance optimisation. He also examines a number of case studies for the Black Hawk and Chinook helicopters, highlighting the value of MRD in generating capability, reducing cost of ownership and return on investment.

 

 

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Filed under: On-Demand Recording

Video: Planning for Failures: Using a Toothbrush to Repair a Space Station

NASA_Ed Van Cise_Mainstream ConferenceNASA’s International Space Station is a unique off-world research laboratory where out of this world science is conducted every day. It is also a remote outpost in space that requires reliable hardware and software, reliable maintenance and logistics planning, and well-trained crews, operators, and engineers to work through contingencies.

So, what does NASA have to do with your own maintenance and reliability challenges? More than you might think.

The methods used by the leadership laboratory that is Mission Control for managing this unique spacecraft can be directly mapped to management of your operations and assets. This even includes using a toothbrush to save a spacewalk.

Ed Van Cise, NASA’s International Space Station Flight Director, gave a keynote address at Mainstream Conference 2016.

Download this video to discover:

  • How NASA plans for International Space Station logistics, supportability, and maintainability.
  • Insights into the operational models and mindsets being used to execute those plans as well as how to respond when the plans change or simply do not work.
  • How the culture and methodology for Flight Operations has been an enabler for mission success in over 50 years of human spaceflight.

Fill in the form below to download the video of Ed’s Keynote address at Mainstream Conference 2016.Continue reading

Filed under: Maintenance & Reliability, On-Demand Recording, Videos

What Makes a Well Designed Asset Management System?

Machine_DesignThe concept of design goes far deeper than face value. As Steve Jobs once said, “Design is not just what it looks like and feels like. Design is how it works”. While it’s important that asset management systems are designed to meet financial and technical design requirements, it is vital that they are also designed to be easy to use and easy to maintain.

The majority of organisations approach the management of their assets in a reactive, ad-hoc manner, responding to market conditions as and when they happen. Effective asset management should be a strategic and proactive process, designed to create optimal value for the end user.

The core elements of a well-designed Asset Management System (AMS) are performance, reliability, maintainability and operability.Continue reading

Filed under: Maintenance & Reliability

Why Buying Technology Won’t Fix Your Broken Business Processes

Broken_Process_Chain

One of the realities of living in a microwave society is the expectation that there’s a quick fix to almost anything. People often treat technology as this magical black box that’s going to solve all their business problems. When things are going wrong for businesses, our default position seems to be “If we can grab a piece of technology off the shelf and pay $X amount for it, it’s going to take us to the next level and we don’t have to do all the hard work to actually get into business and fully understand the problems.”

The reality is that a piece of technology is not going to solve your broken business processes. There is no quick fix. The only way forward is to roll up your sleeves, lift up the covers and try to understand exactly where the inefficiencies are and what processes you need to fix.Continue reading

Filed under: People & Leadership

Tackling Conflict in Cross-Functional Teams

Conflict_Goats

It’s true that conflict is an inevitable part of any organisation. But conflict seems to be amplified by the increasingly challenging business environment we find ourselves operating in today: tighter budgets and higher efficiency expectations are paradoxically driving up barriers and unhealthy competitiveness, especially between Maintenance and Operations. Often Maintenance is feeling derailed because operations have come in with other emergencies that they want addressed, or there is frustration from both sides in relation to machinery breakdowns. When these kind of scenarios happen, there is often more finger-pointing happening than problem solving.Continue reading

Filed under: People & Leadership

Jessica Barber: Five Vital Steps to Enable Business Transformation

Jessica Barber

Jessica Barber was appointed BHP Billiton Iron Ore’s first female Mining Manager at its Mt Whaleback Mine in the Pilbara. She was the recipient of the AFR BOSS Young Executive of the Year Award in 2012 and WA winner of the Telstra Business Women’s Awards Business Woman of the Year. Ahead of her upcoming presentation at Mainstream Conference in Melbourne and Perth, she explains why your people are the key to changing the organisational culture and transform business performance.Continue reading

Filed under: People & Leadership
 
 

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