ISO 55000 Founding Principles
▪ Assets exist to provide value to the organization and its stakeholders
▪ Asset management translates the organizational objectives into
technical and financial decisions, plans and activities
▪ Leadership and workplace culture are determinants of realization of
value
▪ Asset management gives assurance that assets will fulfil their required
purpose
Training Your Staff
▪ Best practice on training hours: 80 hours/year
▪ Mix of regulatory and skill advancement
▪ Need to consider
effectiveness
Organizational Change Is Perceived In Three Dimensions
You Want Different Results...