Superior Asset Performance at the AOG Knowledge Forum
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- Published: Thursday, 15 March 2018 11:07
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It was a great turn out for the Asset Management’s AOG Knowledge Forum panel discussion on Superior Asset Performance yesterday. Thanks to the Panel (Julie Harrison, Michael Judd, Neil Clegg, Mark Mackenzie, Kevin McCafferty) and the audience for the great participation. Check out some more pics taken at the event below:
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People from all around Australia watched on as Perth broadcasted their technical meet last night (a first for AMCouncil which we hope to do more of!) when Felicia Wong from Frontal Business Consultants explained how to understand, analyse and interpret financial statements using key ratios. The ability to understand financial statements is one of the imporant skills that will be condered favourably for upward career-mobility, and many people - both at the event and online - took the opportunity to learn more about it.
The Melbourne chapter hosted an information session on the recent work of the TC251 standards committee last Thursday. Tom Carpenter, an AMC Board member and the Professionals Australia representative on TC251, explained the challenges the committee has been embracing to provide asset managers with additional material on value. Probably one of the more perplexing concepts for asset managers is making choices about value measurement. The TC251 committee has explored several options for measuring value in the next draft of the ISO 5500 Standards, including financial, safety, social and environmental parameters. AMC and EA members in Melbourne were enthusiastic with questions and feedback about the work of the TC251 committee and the more general work on asset management standards.
Our Perth chapter got together yesterday evening to kick off the first of many events for 2018, this one all about Value, Improvement and Innovation in Asset Management. James Wright (Jacobs) went through some practical examples of how to embed an effective asset management culture in organisations. Ian Moon from the Warship Asset Management Alliance Management Office followed up with exploring the understanding, development, implementation and challenges of Continous Improvement in a defence and industry alliance environment.
Our Perth chapter had much fun with a round of bowls (and a round of drinks) at South Perth Bowling Club last week, as they celebrated the end of another year.