ALN Organizational Members and federal executive colleagues are welcome to help prepare for a meeting with the South Korean Korea Asset Management Corporation about a meeting sometime between October 21 and 25. See more below in Ideas.
This week on ALN Th@3 pm ET, we are discussing the recently published ISO 55011 as a tool for guiding governments to create a widespread culture of Asset Management with policy and legislation. See more below in People and Sources. Further below is a link to the short survey on the impact of Asset Management in your organization or region. Register at this link.
The Andrew James Advisory Group provides training and consulting services for organizations focused upon the application and use of ISO 55000.
People
Jack Kelly
, ALN Board Member and ALN Senior Fellow will be joined by
Tiffany Batac
, Director, Infrastructure Asset Management and Strategy, KMPG, will discuss the creation and intended use of ISO 55011. Both represented the U.S. delegation to this first document in the ISO Asset Management series of documents intended to impact a wide community of organizations instead of just one organization. ISO 55011 provides a great step forward for how society can begin the challenging, big-picture approach to addressing the challenges to our shared infrastructure and other critical assets. Sign up for the program at this link.
Sources
ISO 55001
is titled, “Asset management — Guidance for the development of public policy to enable asset management.” It is the first of the ISO document to address ways government organizations can have a positive influence on organizations in their jurisdictions. The guidance document suggests ways to prepare policy to assist government objectives through the assistance of contracting and other mechanisms. It recommends proper investment approaches and references UN Sustainable Development Goals as being worthy objectives to achieve. Understanding this approach and bringing it to your favorite government organization will be a powerful way to spread the positive impact of Asset Management.
Ideas
International Discussions
The ALN was honored to be approached by the
South Korean
Korea Asset Management Corporation
for a meeting
about “strategies that foster innovation and create economic value through the collaboration between the public and private sectors in utilizing state-owned land data.” Additionally, there is interest in learning about standards and technology platforms that ensure data integration and interoperability. We will be sharing our experience about government entities using ISO 55000-based approaches to the topics and look to ALN Organizational Members and federal colleagues to add their input on what can be mutually beneficial approaches to these, and other issues. For more information contact ALN Executive Director Mike Bordenaro at
mbordenaro@AssetLeadership.net
.
Upcoming Events
Oct. 24 – 5 pm Eastern – The “Value and Benefits from Asset Management” team will discuss U.S. and Australian results from a survey designed to understand the impact Asset Management has had on both organizations and society at large. Register at this link.
Take the Survey
A 10-question survey was created to begin recording “sentiments” about the impact of asset management on an organization or a region. The Value and Benefits from Asset Management team generated a short survey to begin and annual review of where Asset Management is on a national basis. The survey has a field for “Country’’ to allow collected data associated with a nation. This survey is expected to be completed annually, enabling the long-term effect of Asset Management to be assessed in an ongoing manner. The survey can be completed in less than 10 minutes and is available at this link.