Define Your Physical Asset Management Strategy with The Scoreboard for Maintenance Excellence and Go Beyond ISO 55000

Purpose The purpose of this paper is to explore certain resources, capabilities and competencies needed to improve the performance of physical asset management (PAM). Design/methodology/approach The analytic hierarchy process (AHP) is used to select and prioritize the most appropriate factors for improving performance. A multi-criteria approach is used to analyze and compare the importance of 6 main criteria and 18 subcriteria identified from a survey of relevant literature. Findings The study revealed that not all factors are viewed as having equal importance in improving PAM performance, as three of the main factors attained greater importance among the six factors. Research limitations/implications This study explored the factors required for managing assets only within the third stage of asset lifecycle, that is, the utilization stage. It is recommended that future studies be conducted in such a way as to determine the importance of similar factors in the other stages of the asset lifecycle, or to identify new factors and add new criteria. Practical implications Knowledge of the differential impacts of the factors on the performance of PAM can impact asset managers and decision makers in their allocation of resources and focus their work on the highest-ranked rather than the lowest-ranked factors. Also, AHP used provides an effective mean for asset managers to identify priorities among decision criteria in their organization. Originality/value To date, no study has explored the impact of six combined factors on the performance of PAM. Previous studies have found that these factors each had equal importance. However, their relative ranking in practice and when they appear together have remained unrecognized.

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The management strategy for government building disposal process in Jakarta

MATEC Web of Conferences ◽

10.1051/matecconf/201819506007 ◽

2018 ◽

Vol 195 ◽

pp. 06007

Author(s):

Mulyadi ◽

Ayomi Rarasati

Keyword(s):

Public Service ◽

Asset Management ◽

Management Strategy ◽

Actual Process ◽

The Past ◽

The Government ◽

Building Demolition ◽

Management Cycle

The feasibility of government buildings, especially offices and schools as public service and social infrastructures, must be well maintained. When the building needs to be majorly rehabilitated, the government sometimes has to combine building demolition and deconstruction processes. In the government asset management cycle, the process starts with erasing the asset from the accountancy system, by selecting a building demolition contractor, then producing a new asset by selecting another builder contractor. In the past few years, the duration of this actual process acquired longer than the planned time. Therefore, this research aims to develop a management strategy in order to improve the government building disposal process. The process of the research started with obtaining the dominant factors that influence the demolition and deconstruction process, and then it is continued by developing the strategy.

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Implementing your BAM2 strategy: 11 steps to making your brand a more valuable business asset

Journal of Consumer Marketing ◽

10.1108/07363760210444878 ◽

2002 ◽

Vol 19 (6) ◽

pp. 503-513 ◽

Cited By ~ 17

Author(s):

Scott Davis

Keyword(s):

Asset Management ◽

Management Strategy ◽

Business Success ◽

Business Culture ◽

Previous Issue

Businesses are becoming more sophisticated about brand, its value and its role as a crucial driver of business success. But what do they need to put in place to realize the benefits of brand as an asset? In the previous issue, the author looked at the philosophy behind brand asset management. This article continues the discussion with an 11‐step approach to putting a brand asset management strategy in place, from developing a brand vision for the organization to the need to establish a brand‐based business culture.

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