Asset Management For Finance

Finance is a core capability in any organisation. This topic looks at how Finance can reposition itself from being just a reporting, controlling and budgeting function to being an assurance, value-adding capability.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

There is tension in most organisations between finance (cost centres) and trying to gain fidelity in lower-level asset (lifecycle) cost. This topic considers both.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

Budgeting and Forecasting are usually in the realm of Finance. This provides control over spend but is often based on figures and spending history, not the context of the organisation or the assets that support the organisation.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

There has always been a divide between capital investment and operation cost. The new world of TOTEX is providing a new way to consider the investment required today and the investment required tomorrow.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

4 0

In this topic, I share a simple analogy/parallel between finance, asset management and the management of assets.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

Organisational (Enterprise) planning is the WHY
Strategic Asset Management planning (SAMP) is the WHAT
Asset Management planning (AMP) is the HOW

https://youtu.be/ahmw9X5ae_0
https://youtu.be/hehPSbtmo3A
https://youtu.be/Eb1hb2C8U9E

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

A symptom of poor planning is often the holding of contingency across the organisation. This is wasted funds and can lead to a poor culture, and this is where Finance and Asset Managers can work closely together to resolve cost, risk and performance at all levels.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

0 0

There are many lifecycles that exist within an organisation. Investment, project, material, commercial, and employee, to name a few. They all serve a purpose, and all complement one another. Taking a lifecycle view of assets in the context of your organisation is a sure way to align thinking and decision-making in your organisation.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

1 0

Risk can be represented in many contexts. A significant financial risk for any organisation is cash flow (liquidity). Asset Management provides a way to forecast future investment needs to be aligned to the needs of the asset and service/product delivery.

Connect with me on LinkedIn https://www.linkedin.com/in/martinkerr1968/
Visit https://applyingassetmanagement.com to request a video or ask a question.

NOTE: all opinions offered in videos on the applying asset management channel are from my own experience. I do not take liability for ideas that are applied. (standard liability waiver)

2 0