June 02, 2014

Layers of Asset Management

Writing about web page #KBAM #Assetmanagement

Asset management is a topic I have never covered before. But from reading and researching about it in the last week, there seems to be a quite a number of different aspects an organization has to cover in managing its assets. After reading through the material and afterdiscussions whit my group member, it was easy to see that these topics overlapped and seemed almost redundant at times. But after further thought, analysis and class discussions it is apparent to me that the aspects of asset management over lap for a reason. They are supposed to have overlapping ideas because they are supposed to be managed in unison and work together as a systemic management philosophy. They are not meant to be analysed and managed as individual concepts. The asset management concepts work together as a system to support, double check and balance each other out. Also this idea of an integrated and inter-related system is consistent with the excellence models we have studied and how these models emohasize the intergration and synergy of all areas of an organization.

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