All entries for Friday 07 June 2013

June 07, 2013

KBAM: Keeping the plan simple

Learning theory is good, but the actual application of that knowledge is what separates a postgraduate from an undergraduate. In this sense, I have really enjoyed working on this assignment. The fact that it is asking us to be more practical in our approach has made it that much more interesting.

The overriding feeling I have had while working on this pma is that somehow this is preparing us for the professional world. This is because organizations often have to create implementation plans. One thing that I will do well to remember is that plans are only as good as the execution. At the end of the day, your best assets i.e. your people are going to be the ones who implement the plan. Hence, if it is to have any value at all, it has to be a working document which employees can easily relate and refer to. I feel that it is absolutely critical for the plan to be easily understandable.

And so I have tried to keep it simple for this assignment, but much more importantly, I would like to keep it as simple as possible in the future too when I may be doing this for real. Put another way, I would hate to make the plan any longer than it needs to be, as I really do believe that over-the-top jargon will not add any value whatsoever.

KBAM: Health and Safety– It's not just a humanitarian concept

After reading a bit more about all the different aspects of asset management, I decided to go with Health and Safety. Although we don’t have to justify why we chose a particular branch of asset management in the PMA question, there are many reasons why I personally chose Health and Safety Management. One of the main reasons is that the health and safety of my employees is something I would never compromise on. In that sense, it will be very high on my priority list when I become a manager.

However, not everyone is the same and others might not view health and safety initiatives in such a humanitarian way. Zoe Chilton raised an important point in her CSR talk. She said that senior managers often only understand the language of money. She told us how she had to convey the economic benefits of CSR to her boss. I believe this holds true for health and safety management as well. This is why I feel this assignment is really useful as I have learned how effective management of health and safety can have a positive impact on the bottom line of an organization. The simple fact that badly managed health and safety can cost an organization a lot of money is not only provable but will also appeal to how some board members think. If it comes to it, I can use this information in the future to convince senior management why health and safety management is a great idea.

June 2013

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  • Hi Wayne, thank you for your kind words. It is really nice to know that you have enjoyed reading my … by Hasan Khan on this entry
  • Great post. I just located your blog and wished to let you know that I have certainly loved reading … by Wayne on this entry
  • Thanks Luisa, I'm glad you agree with me. by Hasan Khan on this entry
  • Hi Hasan! I really share with you the interest on doing practical tasks, I find them very useful in … by Luisa Rodriguez Qui?Ones on this entry
  • Hi Hasan! I agree with you about the importance of life cycle cost management, it is a little bit di… by Luisa Rodriguez Qui?Ones on this entry

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