ISO TS 55010 “Guidance on the alignment of financial and non-financial functions in asset management” was launched on the 17th of September 2019.
This Technical Specification was created to assist organisations create better alignment between the financial and non-financial functions. Organisations seeking to balance cost, risk and performance will benefit from this specification as it provides greater clarity around informed decision making and linkages between top management and operations. The specification discusses factors of longer term planning and how an organisation can be aligned in multiple directions to achieve informed decision making. It will be available for purchase in the coming weeks.