All 3 entries tagged Asset
View all 49 entries tagged Asset on Warwick Blogs | View entries tagged Asset at Technorati | There are no images tagged Asset on this blog
July 05, 2014
Life–Cycle – tangibility
Lice Cycle management as already talked about by many can be seen from a lot of perspectives.
But after spending time reading them, I realized that life cycle management is very similar to every other form of management that is done correctly - paying attention to the whole system or cycle.
Very commonly, we tend to pay attention to a particualr subject or matter when working - while not caring too much about its context, or how it started and what are the possible outcomes of it, because we simply want to work on whatever is then and there.
This is very similar to how we're supposed to do our disseration, the literature review is for us to understand the context of the subject we are covering, and know enough about how things work in that area to come to a substantiated conclusion.
When working, many often just face a problem, fix it and move on, but if they understood how work is normally conducted, from beginning to end, they will know how and why the issue became a problem because everything is tracable. This is the same concept as life cyle costing especially, where everything is recommended to be documented for tracability as well.
From this observation, I suggest everyone to try applying this same 'life-cycle' method of start to end - and even cyclical approach to everything.
June 07, 2014
Management setting an example
Why should any employer do something their boss didn't do?
Why should I try harder when I can see you who is higher in position than me does not?
These questions are often echoed in the health & safety conversation, where the relucatance to accept a new practice, that requires more work & effort sometimes, strictly needs the guidance and leadership of superiors. But the only way the leadership can be convincing is if they walk their talk, so they have to act on what they say as well, and not just expect people to follow new rules and regulations when the leaders themselves don't follow it.
It would be simply useless to enforce a no smoking area in a company when the leader of the company smokes wherever they want right?
Likewise to instilling a safety culture, that if the leader doesn't show the importance by doing it themselves, then no one will see its importance.
June 05, 2014
Asset Management – Don't take it for granted
After having a chance to go through all of Asset Management's aspects in the moodle, I'd like to share that although these contents may seem tedious or overly techincal for some, the importance of these points to the success of an organization is as vital as making as closing a lucrative deal.
Without getting into detail, the proper understanding of how to efficiently manage the organizations facilities (both in the planning and operational stages) are very importnat because any breakdown or mistake in these systems may stop the company for working properly.
For instance, the clearest example is emergency planning, the contigency plans are planned out to the smallest details in the organization, because it is supposed to help save the company in times of crisis, although it may not be staring at the company in the face at the time of planning, but proper leadership will not oversee these matters definitely.
Also, when conducting business plans, or feasability studies for starting a business, or expanding the company, assets management is extremely importnat and needs to be considered in detail, as I can explain in another occassion when I had to do it for my previous employer.
What's importnat is when these aspects are looked at from a real-life perspective, they are key to a company's success, as much as any other aspect of running a business.