1 asset management frameworks and competence development...

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Asset management frameworksand competence developmentto ensure success

Roald van Zyl Smit

15 May 2019

2The Goal of Asset Management

The coordinated activities of an organisation to realise value from its

assets. Asset management translates the organisation’s objectives

into asset-related decisions, plans and activities, using a risk based approach.

ISO 55000: 2014

Asset management is not about managing assets. It is about:

• ensuring that assets deliver value

• achieving the organisation’s objectives

• mitigating risks.

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Do you know which assets you have, where they are, their condition and value?

Is the cost of operating and maintaining your assets optimal or should you spend less (or more) on them?

Do you have the capacity to deal with future demand? Are you making good decisions when investing in new assets?

Are you doing the right maintenance on your assets to prevent breakdowns? Is it cost-effective?

Do you know how

your assets are

performing and what

their ideal

performance

should/could be?

Accurate asset register

Asset performance

Asset related costs

Capital investment

Optimal maintenance

The Challenges Facing Asset Managers

4The Challenges Facing Asset Managers

Are all your asset-related risks under control? Have they been identified, analysed and treated as far as possible?

Are your people competent to operate and maintain the assets effectively?

Or should you outsourcing some activities?

Are you keeping the right spare parts and material in stock? Are you keeping optimal amounts of these items?

Is your asset information (drawings, specifications and procedures) accurate and up to date?

Is your plant safe for the people who work there? Could you be faced with the consequences of an accident or health problem?

Risk management

Safety Competent people

Spare parts and maintenance

Technical information

5Three Key Asset Management Documents

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0

1

2

3

4

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Typical AM Maturity Assessment Result

7The Strategic AM Planning ProcessChoosing the right key performance areas and associated best practices for the organisation are key

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AM SYSTEM

“Culture eats strategy for breakfast”

“The Computer is a Moron”

What Makes the AM System Work?

PEOPLE

PROCESS

TECHNOLOGY

Peter Drucker "the founder of modern management"

Competent people

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There are many role-players across various

departments having an effect on the effectiveness of

the asset management system

Reference: PAS 55-1:2008

Human Impact on an Effective AM System

10Organisational Structure VariasionsAn engineering extract

11Mapping Best Practics and Activities to RolesRACI matrix approach

Responsible : Who is completing the task

Accountable : Who is making decisions and taking actions

Consulted : Who will be communicated with regarding decisions

Informed : Who will be / need to be informed

12Mapping Best Practics and Activities to Roles Cont.

Basic knowledge:

Awareness

Advanced knowledge:

Understanding

Skill:

Basic / Advanced

Competency levelsJob description Training programmes

• Review training

programmes available

• Review training

programme outcomes

• Develop training

programmes

• Link training

programmes to

competence

requirements

RACI input

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• Formal

• Informal

Internal

HRPartners

Experience

Tasks / projects executedEnvironment exposureInternal reflection

External

UniversityCollegeeLearningetc

PodcastsYouTubeGoogleArticlesInternal knowledge

On the Go

MentorCoachExperts

People

ConferencesWebinarsShowsCompany events

Events

The Distributed Learning Platform

14Competency Matrix and Learning Pathways

= Training programme

(internal / external)

Elearning

self-directed | online

Maintenance Planner Qualification Learner Journey

Register for

the programme

Statementof work

Root Cause Analysis course

MaintenancePlanning and Scheduling course

Assessment

online

Introduction to Asset Care course

Systems training

On Key or SAP®

Quizzes

modular | online

Contact sessions

online | classroom

Completed in the workplaceSupported by a line managerLine manager guide available

Practical Project Management course

Assessment

online

Quizzes

modular | online

Contact sessions

online | classroom

Elearning

self-directed | online

Assessment

online

Elearning

self-directed | online

Qualification Info Sessiononline

Summative Assessment Contact session

Facilitated by QCTO

Essential Non-technical Skills course

Assessment

online

Quizzes

modular | online

Contact sessions

online

Elearning

self-directed | online

Assessment

online

Quizzes

modular | online

Contact sessions

online | classroom

Elearning

self-directed | online

16Sustainability of Competence Matrix

• Competence assessment (gap analysis)

• Part of manager development discussions / HR succession / training planning

• Availability and appointment of mentors and coaches

• Identification of training material linked to the required competencies

• Internal material

• External training providers

17Sustainability of Competence Matrix

• Link to job models

• Part of recruitment process

• Link to induction programme

• Ensure new people entering the business understand “the way we work here”

• Learning management system (LMS)

• To host and maintain records while guiding the delivery of the learning pathways and training programmes

18In Closing

“After climbing a great hill, one only finds that there are many more hills to climb”

– Nelson Mandela

“By blending smart people and smart assets with smart operations, untold value can be unleashed in every business”

- www.pragmaworld.net

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