Standing still is going backwards. The digital era is presenting new challenges to Australian organisations across the board, through increased market competition and heightened customer expectations. Responding to these challenges requires more than just cosmetic changes on the outside – it can also mean fundamentally reshaping the internal functions upon which the organisation relies.

Asset Management is no exception. The mounting pressure for organisations to be more responsive to market conditions is forcing a rethink of systems and processes within asset management, and driving the adoption of new tools and technologies that accelerate outcomes and enable new contributions.

Senior asset management professionals from across Australia have had their say about the state of asset management innovation in 2019.

More than 100 industry leaders in asset strategy, asset reliability and maintenance management across Australia came together for a recent series of roundtable discussions. They shared what they believed to be the barriers and opportunities to achieving asset management excellence being experienced in both their organisations and the wider asset management community.

 Three primary themes emerged from our roundtable discussions:

1. Digitising Your Asset Management
2. Adopting an Asset Management Mindset
3. Putting People, Leadership and Culture at the Heart of Everything

Download the Mainstream Research Report 2019 for a comprehensive view of innovation in asset management.

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