The 9 Laws of Enterprise Asset Management

Many organizations fail to delineate ground rules which can often hinder the advancement of operating a top-notch enterprise. A shared view on the primacy of people, yield over costs, prediction over reaction, and redundancy versus reliability as we do on the terms and definitions of a common technical document such as ISO 55000 is foundational.

In this white paper we make explicit the nine laws of enterprise asset management which allows an organization to be true to a set of stated values, more deliberate in unlocking the potential of optimization, and strategic in its decisions. To the degree we stay true to these principles, we simplify our mission, we become better stewards of our responsibilities, we improve uptime, and we protect and improve lives.

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