ISO 55000 What are your Options?
Author: VictorLough, Product Manager, Asset Management
You may or may not be aware of the recent global ratification of the ISO 55000 standard for Asset Management. You should be aware that this formal standard will drive change in the way you go about doing business. At its core is a quality management process with a view to continuous improvement. The principle point is that the standards intent is to make Asset Management Strategic, driving interdepartmental collaboration, including strategic lifecycle Asset Management and a bottom to top strategic procedural alignment to drive the change. This poses a policy question to business executives as to how to respond to this event.
There are at least four ways that you may wish to respond.