Date: August 2015

The Long Game: 5 steps to become an asset information Superhero

About

20Asset InfoExperience

Years

Perth

Billingham Company of

the Year 2012

InspiringAccountabilityInnovationIntegrity

Inspiring & Empowering the

engineering community

Global Company with offices

around the world

The platform of choice for global megaprojects

Asset Information: What's the Point?

Supports business growth and improvement - Robust asset information allows you to improve on what you have with formalised, prioritised and coordinated implementation plans that are based on a sound information

Improved financial performance- Good information allows you to drive improved return on investment without sacrificing other organisational sectors

Get more for less- Extend your asset life by using intelligence to identify how best to maintain your expensive assets

Reduce Risk- The better the information you have the better decisions you can make with it

STEP1

Start from the Top

It is essential that your requirements are clearly defined as a strategy and a vision

To work, your asset information needs to exist in an overall business and commercial environment

The strategy and vision then forms the backbone of your Plans, Policies and Objectives

STEP2

You need to keep things as simple as possible to make it work.

This isn’t an academic exercise you need to get buy-in from multiple parties, internal and external - Think Top Floor to Shop Floor

Reduce the number of places you hold asset information and strive for the single source of truth

Keep It Simple Stupid

STEP3

Many users find that the information sources do not deliver so they gather their own information as a coping strategy, a common system negates this need

You need your contractors and suppliers to give you the information you need as well as your own organisation to work with them

Collaborate Collaborate Collaborate

STEP4

Make your information accessible wherever possible; people can only work to your standards if they know what they are

Make your systems integrate and share information; if you can’t have a single source at least have a single truth

Best practice mobile tools and technology can support this requirement but you need to share these

Share and Share alike

STEP5

The circle has no end, once you’ve put your information plan into place then do it all again, only this time better

Measure performance, identify what worked and what didn’t and feed this back for improvements

When this becomes the case, users will respect and nurture information so it continues to support the company

Rinse and Repeat

Follow these steps to become an information superhero

hello@phusionim.com UK: +44 (0)1642 373000 AUS: +61 (0)8 6143 4680 www.phusionim.com