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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

Nancy Johnson on Asset Management “There are No Secrets; Only Imperfect Memories”

Nancy Johnson

Nancy Johnson is recognised for leading initiatives that improved the image of the busiest US airport system, surface transportation assets, regional marine terminals and ports, and the World Trade Center. Her programs, including the EAM and Storm Mitigation and Resiliency program following Hurricane Sandy, have reduced cost and risk, increased external funding, improved cash flow, and enhanced customer experience.

In the lead up to her session at Mainstream Conference in Melbourne and Perth, she explains how she found herself in one of the most heavily male dominated industries, and shares some lessons she learnt along the way.Continue reading

Filed under: People & Leadership

Dr. Carla Boehl: How to Master Innovation in Asset Management

Carla Boehl

Dr. Carla Boehl is one of the leading minds in Australia on strategic asset management and innovation. She is currently a Senior Lecturer and Researcher at WA School of Mines, Curtin University and will be presenting on “How to Help Your Company Master Innovation” at Mainstream Conference in Perth. Ahead of her session, she shares four insights about innovation in asset management.Continue reading

Filed under: People & Leadership

8 Team-Building Lessons From a World #1 Cricket Coach

Paddy Upton is a world renowned cricket coach and speaker at Mainstream Conference. He shares eight lessons learned while transforming a fledging cricket team into a World No 1 ranked team and explains how these lessons can translate to your own maintenance and reliability teams.

As a mental-game coach, I had been fortunate to help lead two nations’ cricket teams to the World No 1 ranking. What happened next was a surprise. The captain of one of the teams in the Worlds premier cricket tournament, the Indian Premier League (IPL), called me saying, “I know you’re not actually a cricket coach, but we’d like you to lead us as Head Coach in this years IPL.”

The team was the Rajasthan Royals. They had been at or near the bottom of the log team for the last four years, partly due to spending the least of all ten teams on player salaries. With the same restricted budget, the task was to lead the same team of lesser-skilled underdogs to the top of International cricket.

Short on talent and low on past records, we would need to do things differently. Here’s some of what we did:Continue reading

Filed under: People & Leadership

Achieving Continuous Improvement with Cross Functional Focus and Aligned Goals

Far too often asset management strategies fail because the onus is put on the maintenance and reliability team. When there is a disconnect between those maintaining and those operating the asset, the strategy is doomed to fail. The challenge has always been how to get operations and maintenance on the page and speaking the same language. We need to remind ourselves of the fact that asset management is not about maintenance, it’s about making money.Continue reading

Filed under: People & Leadership

[Video] ISO 55000 Panel Discussion: What Are They And what’s In It For Me?

ISO 55000 has been around for a while but there still remains questions around what it is, why we have it and what it means for the industry as a whole. Watch this video from Mainstream Conference USA to hear four of the leading practitioners in the industry discuss these questions and more in an attempt to demystify ISO 55000.

Moderator:
Drew Troyer – Principal, Sigma Reliability Solutions

Panellists:
Cliff Williams – Corporate Director of Maintenance, ERCO Worldwide
Robert Williamson – International Reliability & Maintenance Expert, Strategic Work Systems, Inc.
Terry Wireman – Senior Vice President, Vesta Global
Continue reading

Filed under: Maintenance & Reliability

Optimize Your Maintenance Strategy: Lessons Learned From a Cub Scout

A colleague and I were discussing how his nine year old son had completed his Cub Scouts Cyclist Activity badge. We noticed how some of the bike maintenance tasks that had been identified were, shall we say, less than ‘optimal’. Now you might say this is a bit unfair to judge a Cub Scout lesson through the eyes of a reliability professional (and you’d be right) but what was interesting is that we often see the same sorts of issues within the industry.Continue reading

Filed under: Maintenance & Reliability
 
 

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