Welcome to the Asset Management Council’s third post on Fluidity in Assets. This time, we travel to the United Kingdom, to Dyson. Traditionally the home of the bagless vacuum cleaner, the company has been asked by the UK government to supply ventilators, in this time of crisis due to COVID-19.
According to the BBC, the government health system in the UK, known as National Health Service (NHS) have 80001 ventilators, leaving them ill-prepared to meet the demand from those who have contracted coronavirus and need ventilating.
James Dyson, owner of Dyson, rose to the challenge set by the government and has already secured his team of engineers who are working around the clock to design and supply 15,000 ventilators. The engineers have already designed the ventilator which is now undergoing stringent medical testing before being released to the NHS for operation.
This is another great example of an asset’s diversity, coupled with a can-do culture from the leadership of a business. It is in times of crisis that we can truly stretch capabilities in our thoughts, our physical assets and our business.
What are some of the ways your business is dealing with the coronavirus. If you are a member of the Asset Management Council, get in touch! We’d be pleased to profile your asset management plan, especially its diversity in this time.
Sourced: http://www.bbc.com/news/business-52043767s-52043767