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HOFOR ASSET MANAGEMENT TRANSFORMATION

HOFOR ASSET MANAGEMENT TRANSFORMATION

Lise Tarpe-Johansen, Programme Leader for HOFOR’s Asset Management project, was awarded the 2018 IAM Individual Achievement Award for ‘Transforming asset management despite the absence for any burning platform, business urgency or regulatory obligation’.  This summarises the HOFOR journey so far. The motivation to adopt asset management usually requires a pressing business need, a regulatory or other external obligation, or passionate senior executive ‘sponsor’. HOFOR  had none of these: it achieves good service levels, has generally benign regulators, adequate financing and a collegiate leadership group. Nevertheless, and largely owing to the insight, influencing skills and tenacity of the programme manager, Lise Tarp-Johansen, the company embraced a major transformation programme to introduce asset management concepts and business processes, including new competencies, culture and tools, simply ‘because it is the right thing to do.’ HOFOR’s asset management programme is strongly supported by senior management and a growing team of fast-learning champions. Lise and her team guided HOFOR’s business units to understanding and agreeing that asset management was the way forward. DOWNLOAD CASE STUDY Learn more about how TWPL helped HOFOR (Denmark’s largest utility company) and why adopting asset management is enabling them to face a number of major changes» MORE INFORMATION Go to our Library for more case studies, white papers, books and more».  T: + 44(0) 1635 298800 E:... Read more
NEW GUIDE DEVELOPING YOUR SAMP

NEW GUIDE DEVELOPING YOUR SAMP

John Woodhouse, TWPL’s CEO, Fellow and Chair of the Panel of Experts for the Institute of Asset Management (IAM) has authored a new guidance document, ‘Developing and Maintaining a Strategic Asset Management Plan’, which takes you step-by-step through creating and using a SAMP in your own organisation. Here is a taster of the main messages. The evolution of specialist departments and roles is an inevitable feature of managing increasingly large and complex systems. As a result, however, it can be hard for individuals to understand how they fit into the bigger picture and for departments to co-ordinate their priorities and contributions. At the same time, corporate vision and mission statements are often expressed in such generic language of good intentions that they can be difficult for the workforce to intepret for their day-to-day activities. A translation is needed  and that’s why a Strategic Asset Management Plan (SAMP) is useful. It gives a better understanding of what we should do (strategies), what we want to achieve (objectives), in what timescales. A good SAMP can bring disparate parts of the business together, set a clear way forward, resolve priorities and make sure people work together with the same goals. But creating a worthwhile and successful SAMP is an art in itself. So, what is an effective SAMP? And how do you make sure it contains the right stuff and actually helps deliver better business performance in the business? What it is and why is it needed A SAMP (or what BSI PAS 55 called an Asset Management Strategy), is a documented strategy for asset management that clarifies intended activities, desired outcomes... Read more
STRATEGIC ASSET MANAGEMENT PLAN

STRATEGIC ASSET MANAGEMENT PLAN

STRATEGIC ASSET MANAGEMENT PLAN (SAMP) – SCOPE John Woodhouse, TWPL’s CEO, Fellow and Chair of the Panel of Experts for the Institute of Asset Management (IAM) has authored (and TWPL has sponsored), the development of the Strategic Asset Management Plan (SAMP).  The IAM guidance on developing a SAMP will be officially released at the IAM Annual Conference being held in Manchester on 26 – 28 June 2017. The asset management SAMP guide has been developed by the IAM 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. The purpose of this guide is to set out a practical and pragmatic approach to the development of a Strategic Asset Management Plan (SAMP) or Asset Management Strategy, that will not only conform with ISO 55001 requirements, but will clarify priorities, align stakeholders and deliver the best possible value to the organisation.  It is intended to provide a consistent and clear basis that is endorsed by the IAM for the development and maintenance of strategies and is intended for use by those setting out on the journey and those implementing or maintaining their management systems. It is also intended to provide a reference and guide to more advanced organisations wishing to improve – indeed continual improvement is a requirement of good practice for all management systems. This AM SAMP guide is complementary to ISO 55002 (including the current updates, which expand on the importance and role of the SAMP).  So the publication of this guide is both timely and highly sought-after. TARGET READERS Anyone new to... Read more