Without assets, utilities would have very little to do. They are arguably the most important component of the business operation (competing for top place with utility employees and their customers). Despite their critical role, the humble asset has not yet undergone the kinds of transformation in performance management seen in customer engagement or human resource management domains.
Approaches in asset management have evolved incrementally over time—with different people, processes and systems accountable for each stage of its lifecycle. This siloed approach results in lack of visibility and missed value at every stage.
Download now and learn the 5 stages needed to transform your approach to asset lifecycle management.