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28/10/2011 22:01
he 7 deadly sins of asset management are what some people may call mistakes and others refer to them as negative barriers to success. However, the reality is asset intensive organizations must balance the mix of sub-cultures, management styles, and shareholder desires with operational realities in order to sustain production of goods and services at a reasonable margin. To achieve a higher level of asset maintenance and management, the harmful effects of the 7 deadly sins listed below need to be mitigated.
Pride: Thinking you have nothing left to learn about your assets
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7 Deadly Sins of Asset Management
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grating technology that can automate manual maintenance processes go largely ignored. It also means that swift adjustments to remain competitive cannot be implemented without resistance. Sloth is one of the main reasons organizations must bring in turnaround specialists. Recognizable by the slogans We have always done it this way and If it aint broke dont fix it.
demonstrations. Recognizable by too many maintenance magazines on the table and excessive downtime.
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glect (example: BP and Gulf Oil spill). Recognizable by the colors black and blue and of course pink slips.
Bonus Sin: Apathy When good asset management isnt on your radar
Apathy is when you know how to make your maintenance operations better but simply do not care enough to do something about it. Acedia (Latin, acedia) (from Greek ) is the neglect to take care of something that one should do. It is translated to apathetic listlessness; depression without joy. apathy was considered a refusal to help others in time of need. Source: Wikipedia
excuses for not taking care of assets. Better asset management and maintenance will mitigate the 7 deadly sins. Tells us your analogies for the 7 deadly sins. If you enjoyed this article you may also want to read: Asset Management, EAM, work management
Stuart Smith is Minteks InBound Marketing Specialist. He works hard at creating compelling content to keep Minteks customers and prospects entertained with relevant information.
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Q3 2011 EIS Enhancements The Killing of Halloween Relevant EAM CMMS, Cable, and Lodging News for 10-24-2011
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