For two weeks , I explored on asset management & knowledge management on several readings and discussions.
I think the word “asset” is the ownership of organisation’s belongings.
In these belongings, the physical assets are easily visible. But the morale of people and knowledge, which are essential to organisations, are difficult to be seen. The tacit knowledge is necessary to transform to explicit in order to easily visible to enterprises.
And the management of these assets is handled as a whole. The primary purpose is to maximise the performance in the useful life time both short and long term. This management is like glue these separated part to the same purpose. Organisations must clearly define benefit for stakeholders, not only money.
The word “Ownership” reminds me the connection and engagement between things and people in the period. So all tangible & intangible asset has the limitation of the effective life time. Use the correct timing to maximise the effectiveness of assets, which it reminds me of situational leadership.
Instinct is to convert knowledge, whether from detection awareness through information that leads to the processing and forecasting cope with future changes. It is a skill that requires leadership.
From now on, the Asset management, that we have to deal with a very wide range of issues, requires a lot of people involved. Linking these people requires a lot of leadership.
So to be successful, it must provide asset management cover with leadership in the organisation.