The Long Game: 5 steps to an asset information plan that lasts
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Transcript of The Long Game: 5 steps to an asset information plan that lasts
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
[email protected] UK: +44 (0)1642 373000 AUS: +61 (0)8 6143 4680 www.phusionim.com