This is the first in a long series of blogs about common myths I have encountered and continue to encounter in my work with various customers. None of these “myths” are universal either – some people believe them, others are not sure, others do not. Which are you? [Read more…]
Search Results for: Change Management
Aenor: ISO 31000 Risk Management Certifications
You may be thinking this can’t be right. ISO 31000 is a guideline document. ISO 31000 – 2019 explicitly states that it is NOT for certification.
Well things change.
AENOR offers an ISO 31000 certification.
AENOR is the Spanish Association for Standardization. It is global Certification Body. It has 20 offices in Spain, almost 600 employees and almost 19,000 management system certificates.[1] [Read more…]
SOR 511 Change
SOR 511 Change
Abstract
James discusses the need to focus on change management in order to implement something new in your program
ᐅ Play Episode
Beyond Maintenance Management
Maintenance, is already a big enough challenge for many of us, yet beyond lies the realm of Asset Management. Back in 2004, As the second edition of Uptime was being written, the UK was introducing a specification for Asset Management and requiring network utilities to implement it. Drivers included the justification of rates charged to customers by these natural monopolies, the need to convince regulators that good asset management was indeed being practiced and to avoid failures that were increasingly becoming more serious and more publicized. The UK’s Publicly Available Specifications, PAS 55-1 and -2, were the first in this field. Those specifications underwent revision a few years later (2008) and early implementations were successful. The Institute of Asset Management (IAM) in the UK became the primary proponent of PAS 55 and the driving force behind a movement to create a new international standard. Along the way various documents were written to explain asset management and various national and international groups were formed to promote good asset management – some from national groups that were focused predominantly on maintenance. [Read more…]
Project Risk Management: The Most Important Cornerstone
Guest Post by John Ayers (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Financial planners would advise you that the key to a successful retirement are four cornerstones:
- Income
- Liquidity
- Security
- Growth
197-Change from the Middle with Brandon Weil
Change from the Middle with Brandon Weil
For maintenance and reliability programs to be successful, often it will be championed by middle management. These are the people who interact and report on progress and challenges faced on the plant floor. Brandon Weil joins us on this episode to shed some light on how middle managers can contribute to productive change in an organization.
Key highlights from this episode are:
- How often the drive from change comes from middle management
- Strategies for influencing up and down the organization
- Challenges and solutions to win and implement change
Asset Management in Public and Private Sectors
Most of my firm’s clients are in the private sector but occasionally we do some public sector work. We usually notice a number of distinct differences in practices and in what motivates those practices. It would be nice to say that one can learn a lot from the other, but in truth, both can learn a lot from each other.
I thought it might be useful to compare and contrast the two sectors (based on personal observations) and then propose an idea for learning from each other. [Read more…]
No Surprises – Asset Management Made Easy
Good physical asset management is about making sure our physical assets do what we want them to do at optimum operating cost and tolerable levels of risk to safety, our environment and to your business.
Managing physical assets to achieve that in an industrial setting involves much more than simply buying and running a piece of equipment. [Read more…]
Business Cases for Asset Management – Part 2
This is the second blog in a two-part series that explain how to present Capital Asset Management and Maintenance Improvement programs to the various decision groups who speak different “languages”. Your finance people speak in terms of revenue, costs, return on investments. They see things as figures and financial statements. Somehow they need to translate your operational or functional benefits into dollars in order to truly support your ideas. [Read more…]
Business Cases for Asset Management – Part 1
Why are business cases so challenging? Improvement programs in Maintenance or Capital Asset Management can be incredibly difficult to “sell” to managers and executives. Even where there is a high level of dependency on physical assets and poor performance, making improvements is a tough sell. [Read more…]
That’s Not My Job: Denial, Reality, or Change Catalyst?
Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
“That’s not my job” …an inevitable response when a ‘somebody’ is asked to do something that requires their effort and which they believe they don’t have to do, don’t won’t do, or can’t do. This familiar cry is often said with such impunity that the requester may well feel that they are in the wrong…but who is wrong and who has been wronged?
Both parties are taken aback; the requester may wilt away and take the request somewhere else with umbrage and annoyance, or challenge the rebuttal. The requested, feeling threatened, reacts defensively be it right or wrong. Conflict results but the sad fact is that the disputed work in question is delayed. ‘ [Read more…]
187-Master Data Management with Scott Taylor
Master Data Management with Scott Taylor
For organizations, data that is critical for parties, places, and things is called master data. While conventional strategies are available for manipulating data, this episode places special emphasis on how to make the most out of your master data.
Scott Taylor, the Data Whisperer, shares his advice on aspects like:
- Why Master data Management (MDM) has become so important
- The main pillars of MDM
- Why organizations go through different implementation cycles
- Can common software be used for data governance
- Tips for successful implementation
AON Global Risk Management Survey
Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
In earlier articles, I discussed two risk-oriented surveys. One conducted at the World Economic Forum was of the world movers and shakers. The second was conducted by North Carolina State University. It reflected the responses of CEOs and senior managers. This article discusses the results of the Aon “Risk Management Survey” of risk managers. [Read more…]
Project Risk and Emergency Management: Response or Reaction
Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
In project management we can’t always be in control of the environment around us. We can only forecast rather than predict risk and despite our ‘reasonable’ or even ‘best’ efforts to mitigate risk; shit happens and emergencies ensue! It’s not just physical emergencies but also those related to time and cost; overbudget or late projects can create an emergency for stakeholders. Perhaps it’s because we tend to look at the ‘big risks’ or the ‘top ten’ after some semiquantitative assessment but then fail to consider that risks can change with time as more information becomes available. Or, maybe it is because only those risks that can be clearly defined and are ‘likely’ are communicated to the eyes and ears on the ground. Those low probability, high impact risks can tend to slip under any risk radar.
Then there is the matter of ‘optimism bias’ and a belief that ‘nothing can go wrong’ or that ‘risk only happens to other people’. Or perhaps, it’s just a matter of management not appreciating what is going on and ‘taking their eye off the ball’. [Read more…]
Enterprise Asset Management (EAM) System Data – Cleansing the Augean Stables
Let’s agree that the EAM Data is our organizations’ “Augean Stables”. And, we the Maintenance & Reliability professionals are “the Hercules”. It’s dirty, smelly & massive. But it is only we who can dare to cleanse it. We are the Hercules of today’s organizations. [Read more…]