Unsung heroes! Assets of the Asset Management Council! Whatever the description, there is no doubt that Asset Management Council volunteers are leaders of industry, who volunteer their time to enrich the services and products of the Asset Management Council, for the benefit of the greater asset management community. A heartfelt thank you from us here at the Asset Management Council to all of our wonderful volunteers on this National Volunteers Week.
(more…)ISO/TC251 Committee released a publication in April 2023 “Asset Management and the Circular Economy”. By using Asset Management principles to adapt their business models, organizations can move toward closed-loop systems that optimize the performance of assets whilst extending asset life. Access a copy of the publication here.
Standards Australia have released a Digital Twin White Paper in response to identified challenges of digital twins in Australia. The paper recommends actions that can support Australia’s journey to national Digital Twin advancement and global positioning and leadership. These recommendations cover the areas of leadership and governance, critical market enablers and a national pilot program to activate opportunities.
(more…)The AM Council is undertaking a study with the aim to identify quantifiable impacts of inclusion and diversity across a range of asset management domains.
We are seeking expressions from organisations willing to transparently participate in the study by providing a range of case studies of varied success.
The Asset Management Council has found that organisations that adopt asset management have been able to derive much value for their organisations and are better placed to respond to market changes and disruption, delivering sustainable benefits over the long-term, not just short-term cost reductions.
Here are some of the benefits implementing asset management across a business:
(more…)The AM Council is undertaking a study with the aim to identify quantifiable impacts of inclusion and diversity across a range of asset management domains and we invite governments and private sectors to participate.
Here is why the study group are volunteering their time to contribute.
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