Top 10 Reasons Why We Should Rethink the Use and Purpose of Asset Management Standards

The goal of these standards is to drive performance of the assets over the lifecycle of ownership in alignment with business needs.

This, by definition, involves change and where a procedural approach will go only so far. We argue that in order for successful change to take place, it is essential to understand the social context in which this change is to take place. This is especially important if the change is going to require new decision-making, new information processing, new knowledge pathways and, ultimately, new ways in which decisions are made across previous functional boundaries.

Within every complex organization, there is the formal organizational structure that is apparent, charted, normally understood and provides a clear understanding of the hierarchy of structural alignments.