The holistic view of Asset management
It is about knowledge and the knowledge we can take out of the module, it is not just about the theory of KM or AM. One thing I noticed is that the gathering of knowledge is limited. Sure it should be focused on a broad view. However is it maybe sometimes better to focus on a specific area and do not try to just put everything into for example a portfolio? I just saw it in the presentation of other groups that they did not consider everything. But nonetheless one group left out the life-cycle management, which in my eyes is not the best way to manage assets. Costs still play a significant role in the business so it must be planned as exact as possible. And Life cycle cost play a significant role in doing so. But thinking more about it I am not sure which one of the aspects could have been left out. Especially with regard to the EFQM model this is not possible and also without EFQM every aspect has its right to exist. In addition most of these aspects go hand in hand. One group recommended the building of new environmentally friendly factories. Apart from initial costs also the life cycle costs should be considered and in addition it should be thought about the maintenance of these buildings. But that is not the end. Does these buildings meet the health and safety criteria and what about the facility management and its risk analysis? So it might be smarter to consider everything even if it is a bit more work. The holistic view and its interpretation at the end makes the difference in my eyes and decides about being excellence or not.
Getting more and more into all this KBAM pointed something out for me. Like all the other modules of Paul at the end it goes in the direction of EFQM. First module was about the linking of Partnership to EFQM. Also Leadership in the end resulted in the EFQM model and I am sure or I know respectively that Six Sigma, DFSS and RDM could easily be linked to the Model maybe an idea for an improvement to add a quick section in the PMA linking what has be done to the EFQM model. It is the same with KBAM, whereat KBAM is something like the supreme discipline while it is going throughout nearly every criterion. We went through the whole booklet to identify possible aspects which can be met by KM or AM. For me that showed how also the criteria are linked between each other that a Leadership aspect for example is strongly dependent on KM and so on.
All these findings underpin for me the real power of the EFQM model