Making smart decisions and optimizing asset management processes can help reduce costs, mitigate risks and improve business continuity. In asset-intensive businesses, a few percentage points of improved asset management performance can mean a significant bottom line benefit.
For more than 20 years, our Strategic Asset Management Support (SAMS) team has provided asset management assessment services, which identify opportunities to improve asset management systems and processes that impact asset performance.
Asset management frameworks such as PAS 55 help strengthen the asset management leadership model, raise its profile within the business and demonstrate to stakeholders the high-quality processes that an organization has already adopted.
Our asset management assessment services add value by:
- Supporting the implementation of an asset management framework as the foundation from which business and operational improvement initiatives can be launched
- Utilizing the assessment toolkit to provide advice on a range of proven implementation methodologies, including:
- Structural change levers required to create and embed improvements
- Engagement strategies for internal and external stakeholders
- Improvement road-mapping
- Offering a range of operational improvement methodologies, including our own Gateway™ Improvement Process, based on the principles of defect elimination
Our assessments may begin with a gap analysis or a facilitated self-assessment to gauge your current level of asset management maturity. Based on that input, we work with your team to develop and implement an action plan to close any gaps.
To help you move beyond compliance, our teams make recommendations for organizational improvement initiatives. Finally, a series of surveillance assessments will be put in place to track and drive progress. If required and when ready, your organization can elect to be globally recognized for its achievements by seeking certification against the PAS 55 Asset Management framework.
Hatch is a corporate member of the Institute of Asset Management and accredited as Endorsed Assessors for PAS55-1:2008 gap analysis and certification.
