Pillar/Alignment: Asset Management (1 Course Hour)
Asset Strategy Management (ASM) is a process which allows organizations to capture and review data from all sources and leverage learnings to enhance asset strategies, by identifying pockets of strategy excellence and deploying those strategies across the organization, wherever they are relevant. With ASM, you not only equip the end user with an optimal strategy, but along the way you create a company-wide set of strategies that is housed in one central location, readily available across all sites for use and continuous improvement. Not to mention saving a significant amount of time in the process of developing and deploying those strategies. Implementing an ASM program ensures that optimal strategies are always deployed, quickly and efficiently, resulting in the reduction of failures, downtime and risk, and consequently, a lower cost of operations.