Strategic Asset Management

Strategic Asset Management

What is strategic asset management?

The ISO 55000 definition of Asset Management is ”the co-ordinated activities of an organisation to realise value from assets”. It’s finding the perfect balance of COST, RISK and PERFORMANCE to maximise the value out of all assets. 

Our Business

how we can help with asset management

We can lead or support with producing an Asset Management Policy to ISO accreditation.

THE NINE ACRES DIFFERENCE

What is our approach?

Our approach is always to provide you and your teams the tools to continue on the journey yourselves.

what is strategic asset management?

The ISO 55000 definition of Asset Management is ”the co-ordinated activities of an organisation to realise value from assets”. It’s finding the perfect balance of COST, RISK and PERFORMANCE to maximise the value out of all assets. 

In Asset Management people are always referring to the “Line of Sight”. This is all about ensuring that, from top management down, people are clear on the business objectives and that all the business processes and procedures are aligned to achieve those objectives

There are tools and standards to help with ensuring your business is properly aligned. Having an Asset Management Policy and a Strategic Asset Management Plan can help ensure that the business is maximising the value from its assets

how we can help with asset management

We can lead or support with the following:

Produce an Asset Management Policy and Strategic Asset Management Plan to ensure that the business objectives are aligned with the business strategy.

Maybe your business is wanting to get ISO accreditation? Nine Acres can help you prepare and gain accreditation along with helping to maintain it through future audits.

Assess resources and competencies. Help businesses understand what their staff capabilities and restrictions are and recommend changes to processes and procedures to support.

Asset Management Communication. Nine Acres can assess the current Asset Management culture and enhance it through training and workshops.

Review Processes and Procedures. Nine Acres can assess the efficiencies of current processes and procedures and advise and recommend changes to align with business requirements if needed.

What is our approach?

A big part of aligning is for everyone to pull in the same direction. Often different teams and divisions of a business speak a different language and are, rightly so, focused on the goals of that team or division only. At Nine Acres we listen to all the teams and divisions and try to interpret all the language and goals and find a common way forward. 

We make sure that we engage with senior management to ensure that the alignment is clear from the top down.

Our approach is always to provide you and your teams the tools to continue on the journey yourselves.

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