This is our story

John Woodhouse formed the Woodhouse Partnership 25 years ago…

Albert Einstein famously said “in the midst of every crisis, lies great opportunity”

In 1988 the Piper Alpha oil rig disaster shook the industry to its foundations in terms of understanding Risk and Risk Management, and the oil price crash of 1985 challenged the business models of economics, life cycle and value in asset management.

Our team of industry experts was developed to help organizations understand the connectivity between the business drivers, the integrity and sustainability and the risk management aspects. 

Here is our story...

1994
The Institute of Asset Management (IAM) is established

John Woodhouse becomes involved in the development of the Institute of Asset Management –
he is member number 1!

1995
The Woodhouse Partnership is formed

Together with a team of former senior managers of blue-chip organizations, including Shell, UK Atomic Energy Authority, the Royal Air Force, Philips and Kvaerner Engineering the Woodhouse Partnership is formed. 

1995
The MACRO Project

John leads the European R&D ‘MACRO
project (EU1488) on behalf of the UK government. This was a multi-industry collaboration to develop best practices in MAintenance Cost/Risk Optimisation

2002
At the forefront again...

John leads the development of the British Standards PAS 55 standard for the optimal management of physical assets which involved collaborations across 15 countries in 10 industry sectors (2002-2008) – the fastest ever selling standard in the world.

2003 (ongoing)
eLearning from the Woodhouse Academy

The Woodhouse Academy develops
multi-language, modular eLearning
programmes for asset management,
Delivered on our Academy portal and customised for multi-national clients such
as GSK and Sodexo.
Head to our online training portal here 

2006
Development of the IAM Competencies Framework

The Woodhouse Partnership develops the world’s first Competencies Framework for Asset Management (on behalf of the IAM). Providing a comprehensive description of what asset management professionals should be able to do, know and understand, it is the only framework of its kind.

2007
Woodhouse launches DST Software

Decision Support Tools Ltd (DSTL), a division
of the Woodhouse Partnership, launches its award-winning software to address over 40 types of asset management decisions, ranging across the justification and optimal timing for capital investments, inspections, maintenance, testing, spares, shutdowns, modifications, renewals and decommissioning. 

2009
Strategic Asset Life-cycle Value Optimisation (SALVO)

The Woodhouse Partnership mobilised, managed and led the international SALVO collaboration project, researching and developing best practices in optimal
decision-making.  The SALVO Project was
a 4-year cross-sector R&D collaboration
that addressed best practices in decision-making for asset management. The results of the project combine the best of existing methods with human psychology, practical business processes and advanced analytics for targeting, evaluating and optimising asset interventions.

The SALVO Project was runner-up in the 2013 IET Innovation Award, a worldwide search for the best of creative talent and significant new developments.

2010 (ongoing)
Development of the ISO 55000 series begins

We represent the UK on the international standards, the 55000 series which now involves over 30 countries in consensus building about what is needed in good joined up asset management.  John was appointed a UK Principal Expert to the ISO TC251 Committee, taking PAS 55 to a full international standard. ISO 55000 was published in January 2014. We can help you implement ISO 55001 in your organization.

2014
Our clients win at the IAM awards

Sodexo wins IAM Achievement Award in recognition of their Asset Management roll out across 80 countries

Benefits realized include;
Improved control of activities and business
efficiencies - 10% average improvement
40% reduction of risk-related costs
100% compliance in regulatory activities
Reduced failure rates - 20%


“Woodhouse assisted us to establish a global asset management model that aligns our values and world-class
service delivery in very diverse environments. This model helped us create a unique and flexible technical service offering that has filled a significant gap in the marketplace. The results have been impressive.”
Keith Hamer, Group VP Engineering & Asset Management.

2017
Developing and Maintaining a SAMP

The Woodhouse Partnership authors and sponsors the IAM guidance on strategic asset management planning: “Developing and Maintaining a Strategic Asset Management Plan (SAMP)”. Developed to provide guidance for organisations who manage physical assets, and who wish to put in place or improve an existing management system for asset management. It sets out a practical and pragmatic approach to the development of a SAMP or Asset Management Strategy, that will conform with ISO 55001 requirements and clarify priorities, align stakeholders and deliver the best possible value to the organization.

2018
The awards roll in...

Four of our clients (HOFOR, ISA, INTERCOLOMBIA, and CTEEP) are honored by the IAM.  In addition, John Woodhouse, MD, is personally recognized with the presentation of the IAM President’s Award for over 20 years’ exceptional service to the Institute.

2020
IET AM eLearning

We develop a brand new online course designed to meet the learning needs of engineers across the world for The Institution of Engineering and Technology (IET). The course, ‘Asset Management for Engineers’, takes the form of a modular online course that has been the product of an 18-month collaboration and is aligned to ISO 55000 standards for Asset Management and the Competency Framework and Asset Management ‘Landscape’ of the Institute of Asset Management (IAM).

2020
25 years

The Woodhouse Partnership celebrates 25 years in an extraordinary year.

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John Woodhouse

With 30 years’ experience in utilities, oil & gas, transport and other sectors, John is one of the most widely known experts in integrated asset management projects for some of the largest companies in the world.

John is a Founder and Life Fellow of the IAM; he has written 4 books, chaired the development of BSI PAS55 and represents the UK on the ISO55000 committee.

He also led the international MACRO and SALVO collaboration projects in optimised asset management decision-making.

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