In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...

From essential process documentation to emails and from client contracts to marketing content, doing business today entails producing and collecting a massive volume of digital assets. Developing a ...

Forbes contributors publish independent expert analyses and insights. I write about the creation and management of exceptional wealth. Cultivating the affluent is one of the best strategies for wealth ...

This dissertation aims to help infrastructure organizations in developing countries better understand how they could improve their performance in managing infrastructure assets and services.

The people, data and processes organizations already have are often the most powerful tools for transformation. Unsplash+ In today’s era of digital disruption and relentless pressure for reinvention, ...

The new offering supports the emergence of the Industrial Internet of Things (IIoT) in the process industry, enabling companies to collect, organize and analyze data for a specific asset or "thing." ...

An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence. Since long-term ...

The strategic management process is more than just a set of rules to follow. It is a philosophical approach to business. Upper management must think strategically first, then apply that thought to a ...

Learn how group depreciation simplifies asset management by pooling similar assets, its benefits, limitations, and why it's ...