Strategic Thinking & Asset Management Spark Innovation & Opportunities
“Strategic Thinking” is a way of viewing challenges and opportunities from a variety of perspectives and attitudes, in order to offer the very best solutions and directions.
If an Asset is any item that has value and Asset Management is a management system that coordinates activity to realize that value, then Strategic Thinking finds new opportunities to maximize or attain new value in that asset. Strategic Thinking seeks new ideas to extract value from an asset, whether it’s resetting the clock on an asset’s service life, repurposing an asset, or creating an entirely new business activity that finds renewable value. What are the hidden strategies that lay in your infrastructure assets? Strategic Thinking is not just a way of thinking what could be, but also a way of seeing what should be. Strategic Thinking is Forward Thinking.
Strategic Thinking is Forward Thinking.
What is the Value from Strategic Thinking?
Strategic Thinking allows effectiveness and efficiency with the investments you make. It implies “doing it right the first time” because time, effort, and energy saved is money saved. It also considers the uncertainty of risks and the new opportunities associated with complex systems when deciding to acquire assets, create capital, perform major rehabilitation on existing infrastructure systems, or completely re-think a different business model for an existing real estate or infrastructure asset. Many business objectives are achieved with the delivery of large-scale capital projects or structuring an organization in such a way to realize the maximum value from products or physical assets. Strategic Thinking looks at an organization’s long-term objectives and identifies opportunities in potential value from its physical assets.
Asset Management – Inspire, Transform, and Apply
Use education as a technique to inspire individuals, transform the way of doing business, and apply the principles of Asset Management within your organization. We provide educational series on:
- Asset Management 101: Fundamentals for the entire organization.
- Asset Management Plans: Basic steps in developing an Asset Management Plan.
- Asset Management Application: Using the 'discipline' of Asset Management as the regular practice of managing your organization's asset infrastructure.
Establish a clear “Line of Sight”
Use the best international practices to convert organizational strategies into Asset Management policies and objectives that can be translated into plans for front line decision making and implementation. We facilitate people within organizations and develop:
- Asset Management Policy – what commitments you have on asset infrastructure and why.
- Strategic Asset Management Plan (SAMP) – objectives of what and when on your infrastructure assets that support the policy and organizational strategic plan.
- Asset Management Plans (AMPs) - approach to managing asset infrastructure over short, medium, and long-term periods while balancing risk, cost and performance.
- Asset Management System - a management system designed to effectively and efficiently manage asset infrastructure.
Organizational Health - Grow People & Culture
People are the heart of an organization. People adopt a culture and have values regarding how they treat each other and approach their work. An organization’s success depends on its people being able to adapt to the competition, its customers, or closely work together during natural disasters and times of economic volatility. We take people’s strengths and weaknesses seriously because this can drive or impair an organization’s ability to fulfill its asset management objectives and overall long-term business objectives. We bring our expertise in:
- Growing leaders of today into better leaders for tomorrow.
- Developing highly productive teams working in unison that can effectively and efficiently deliver on customer service, asset infrastructure objectives and strategic objectives.
- Designing organizational structure with the competence and skill sets necessary for sustainable management systems.
Asset Life Cycle Delivery – Find Optimal Value and Improve Customer Service
It is typically a challenge to determine if an activity is working properly until there is a breakdown in the operating process, customer service gone awry, or a crisis that severely impacts the corporate bottom line. In asset management, effective and efficient coordination of activities from asset creation to decommissioning is essential to realizing the optimal value from assets.
Our expertise can enable:
- Efficiencies in life cycle delivery processes to produce solutions for improved return on investment.
- Accurate results by identifying root causes to current workflows and complex problems.
- Prioritize and optimize operation and maintenance activities to realize optimal asset value.
- Find new business activities in forward thinking environmental solutions.
Asset Risk Management – Live with it, manage it, and explore new opportunities.
Not knowing risks can dangerously cripple an organization with harm to customer trust and financial health. On the other hand, risks can be beneficial opportunities. Our expertise can:
- Establish, identify, analyze, and treat risks for asset infrastructure acquisition or creation.
- Demonstrate how risks may impact your business plan as it relates to your asset infrastructure.
- Sort risks in new opportunities that provide exciting and progressive projects such as renewable energy or advanced business solutions.
A supporting standard practice for Asset Management
Capital improvement projects precipitate from good Asset Management plans & strategies; and therefore, a robust Project Management system is key to the successful delivery of physical infrastructure improvements. We can provide the following services:
- Map and diagnose improvements to the project development and delivery process.
- Professional development in the area of Project Management for delivering capital projects within scope, schedule, budget; and, better managing of project risks.
- Project Management in augmenting your staff in times of high project delivery demand.
Procurement – Consultation for Securing Professional Services
Large scale and complex conceptual ideas require a Strategy Thinking to “connect the dots”. There may be many parts and pieces to assemble for the right asset creation and being able to deliver in the Owner’s best interest. We have expertise to assist clients with:
- Request for Qualifications or Request for Proposals in securing the right team of professionals to deliver the final solution. We have expertise in the Qualification Based Selection process that empowers Owners in selecting value-based quality for a reasonable cost in delivering your project outcomes.
- Advise with delivery processes of Construction management/manager, Design-Build, and Energy Performance Contracting.
- Systems Engineering approach to assemble the most applicable technical teams for the right solution.
- Whole Life-Cycle delivery approach (CapEx v. OpEx) in design of new asset(s) infrastructure or systems during the Design Development Phase of a project.
