Strategic Asset Management: Exclusive Invitation for Professionals Seeking Expertise in Built Environment Assets

FREE WEBINAR: 'UNLOCKING ASSET VALUE'

JOIN US TO UNDERSTAND the ISO 55000 Series: Your Guide to Strategic Asset Management

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'UNLOCKING ASSET VALUE' TO Understanding Excellence in Asset Management

Join our expert-led, FREE webinar to understand the essential strategies and techniques for effective asset management across your projects and asset operations, leveraging the benefits of ISO 55000 and strategic asset management:

  • Optimize Asset Performance: Appreciate how to implement the ISO 55000 series standards to ensure your assets are performing at their best, improving efficiency and reliability.
  • Achieve Long-Term Sustainability: Understand the important of asset management practices alignment ('line of sight') with strategic goals to support sustainable operations for long-term success.
  • Drive Financial Savings: Learn how to use strategic asset management to reduce operational costs and maximize the return on your investment in assets.​​
  • Efficient Property Utilization: aximizing property value through improved metrics and portfolio management.

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At AssetEnable, we manage built environment assets, adhering to ISO 55000 standards. Our approach enhances performance, ensures compliance, and improves efficiency. We help maximise asset value and longevity while minimising risks and costs.

ISO 55001 Certification
​Sign up for this webinar to understand how we can provide an ISO 55001 maturity 'benchmarking' assessment. We can assist you in developing a roadmap for improvements to work towards certification with ISO 55001.

"Take a strategic, whole-life approach to asset management to improve infrastructure reliability and property use."

Your Guide: Steven EGLINTON
Based in: United Kingdom

Lead Consultant and ISO 55000 Series Advocate

Starting in natural assets, land and environmental management, agriculture, land-use/land-cover and digital assets; Steven has honed his expertise over 24 years to include critical national infrastructures such as rail, highways, energy production, water infrastructure, critical information assets and government property assets (buildings / land).

He now advises large organizations, including governments, on a strategic approach to asset management based on the ISO 55000 series. Steven focuses on information-driven decision-making across the entire lifecycle of assets in the built environment.

With a expertise in underpinning physical asset management with robust information management and the wider cyber-physical infrastructure, such as connected digital twins.

What You Will Learn​


  • Optimize Asset Performance: Understand how ISO 55000 standards can help improve the efficiency and reliability of your assets.​ ​​
  • ​Achieve Long-Term Sustainability: Learn how to align asset management practices with strategic goals to support sustainable operations and long-term success.​
  • Drive Financial Savings: Discover ways to use strategic asset management to reduce operational costs and get the most out of your investment in assets.
  • Efficient Property Utilization: Find out how to maximize property value through improved metrics and portfolio management.

WHO THIS IS FOR


  • Asset Managers: How can implementing ISO 55000 standards help you optimize the performance and reliability of your infrastructure assets?
  • Facilities Managers: What strategies can you adopt to maximize property utilization and achieve long-term sustainability in your operations?​
  • Financial Officers: How can strategic asset management practices reduce operational costs and maximize the return on investment for your assets?
  • Government Property Managers: What are the key benefits of aligning asset management practices with strategic goals to support efficient and effective government property utilization?​
  • Executives/Asset Owners/Clients: How can strategic asset management enhance the overall value and performance of your assets, aligning with your organizational objectives and driving long-term success?
  • Risk and Safety Officers: How does whole-life asset management contribute to enhanced risk management and safety in your organization's asset portfolio?
  • Risk and Safety Officers: How does whole-life asset management contribute to enhanced risk management and safety in your organization's asset portfolio?
  • Environmental Sustainability Officers: How can asset management practices support your organization's sustainability initiatives and reduce its environmental impact?
  • Maintenance Supervisors: What are the best practices for maintaining infrastructure and property assets to ensure they remain in optimal condition throughout their lifecycle?
  • ​Information, IT & BIM Managers: How can digital asset management tools and technologies, such as BIM and digital twins, be integrated into traditional asset management practices to improve decision-making and operational efficiency?

What is AN Asset?

According to ISO 55000, an asset is defined as "an item, thing or entity that has potential or actual value to an organization." This value can be tangible or intangible, financial or non-financial, and includes considerations of risks and liabilities .

This is just an example of some of the types of assets people use the management system in ISO 55001 to help manage:

Transport - Rail: Rapid Transit / Metros

Transport - Rail: Critical Structures

Digital Assets
(Data, Documents, Images, Videos, CAD Models, Certificates etc)

Transport - Road: Highways Construction and Maintenance 

Utilities: Energy Generation and Transmission

Real Estate: Government Property (Land, Buildings and Facilities)

Natural Assets and Agri-Environmmal Conservation

Public Municipal Buildings
(Town Hall, Public Library, Arts Centre, Fire Station, Police Station etc)

What Is Asset Management?

ISO 55000 defines asset management as the "coordinated activity of an organization to realize value from assets." This involves balancing costs, risks, opportunities, and performance benefits to achieve organizational objectives. Managing assets, on the other hand, refers to the specific tasks and activities performed to maintain and operate individual assets or asset systems.

Asset Management is not the same as only managing assets! >Read More (from the ISO)

Asset management is an essential practice that applies to all types of assets, ensuring their optimal use, maintenance, and performance throughout their life cycle. From physical infrastructure to digital assets, effective asset management helps organizations maximize value, minimize costs, and achieve strategic goals. Here are some types of asset (this is not exhaustive!):

Physical Infrastructure

Buildings and Land: Proper asset management ensures government buildings, office spaces, and land are used efficiently, maintained regularly, and aligned with long-term organizational goals. For example, strategic planning can help consolidate office spaces to reduce costs and improve collaboration.

Transportation Networks: Railways, highways, and public transit systems benefit greatly from asset management. By regularly assessing the condition of these assets, transportation authorities can prioritize maintenance, plan for future expansions, and enhance safety for users.

Utilities: Energy production facilities, water treatment plants, and power grids require meticulous asset management to ensure reliable service delivery. By monitoring and maintaining these assets, utility companies can prevent outages, improve efficiency, and comply with regulatory requirements.

Environmental and Natural Assets

Forests and Parks: Asset management practices help preserve natural resources by planning for sustainable use and conservation efforts. This includes monitoring biodiversity, managing visitor impact, and ensuring that natural assets are protected for future generations.

Agricultural Land: Effective management of agricultural assets includes optimizing land use, managing soil health, and ensuring sustainable farming practices. This not only improves productivity but also supports environmental conservation and food security.

Digital Assets

Information Systems: In the digital age, managing IT infrastructure and software is crucial. This includes maintaining servers, databases, and networks to ensure they support business operations effectively. Regular updates and cybersecurity measures are essential to protect these assets from threats.

Data Assets: Organizations generate and collect vast amounts of data. Effective asset management involves storing, processing, and analyzing this data to derive valuable insights, improve decision-making, and gain a competitive edge.

Critical National Infrastructure (CNI)

Healthcare Facilities: Hospitals and clinics require robust asset management to ensure medical equipment is functional, supplies are adequately stocked, and facilities are safe and compliant with health standards. This ensures the delivery of high-quality care to patients.

​Public Safety Assets: Police stations, fire departments, and emergency response equipment must be managed to maintain readiness and effectiveness. Regular maintenance, training, and strategic planning are essential for public safety.

Asset Management Map

The Asset Management Map™ is our comprehensive framework designed to guide organizations through the complexities of asset management, ensuring that both new and existing members are well-educated and integrated into the process. This framework is applicable to both physical and digital assets, promoting sustainable and efficient asset management practices.

1. Discovery
Chart the Course: Gain a foundational understanding of ISO 55000 series standards to ensure everyone is on the same page.
Gather the Crew: Engage stakeholders and secure their commitment, ensuring all team members are aware of their roles and responsibilities.

2. Mapping
Draw the Map: Develop a Strategic Asset Management Plan (SAMP) aligned with organizational objectives, considering both physical and digital assets.
Provision the Ship: Allocate necessary resources and ensure the right competencies are in place to support asset management initiatives.

3. Voyage
Set Sail: Integrate asset management processes across the organization to create a cohesive approach.
Train the Crew: Educate staff on asset management principles, ensuring continuous learning and adaptation to new practices.

4. Navigation
Steer the Course: Regularly monitor asset performance to ensure alignment with strategic goals.
Adjust the Sails: Implement continuous improvement strategies based on performance data and feedback, ensuring sustainability.

5. Expedition
Reach New Shores: Achieve ISO 55001 certification, demonstrating compliance with international standards.
Explore New Horizons: Pursue excellence through ongoing refinement of asset management practices, ensuring long-term success and sustainability.

​By following the Asset Management Map™, organizations can ensure that new members are effectively onboarded and educated, assets (both physical and digital) are managed efficiently, and practices remain sustainable and aligned with ISO 55000 standards. This holistic approach supports continuous improvement and resilience in asset management.

Asset Mapping​
​The Asset Management Map™ guides you in 'mapping' your assets to understand them.

Understanding Assets: The Asset Management Map helps you by mapping assets with various perspectives:

i) WHAT they are (form/typology, semantically/taxonomically);
ii) WHERE they are (physically/locationally/geospatially);
iii) WHY they exist (asset functional purpose);
iv) WHO is involved (stakeholders - owners, users, maintainers);
v) WHEN they are used (time/schedule); and
vi) HOW they are created managed & used (maintained, fixed, replaced, decomissd) and .

Understanding Change: It also charts your journey to asset management excellence with a focus on stakeholder engagement, change management, digital transformation - all with a change 'roadmap' (plan).

Selection Of Our Clients

As a member of the GeoEnable Group, we assist organisations and businesses in adopting digitally-enabled decisions through incremental and pragmatic changes in their business practices. Trust, discretion, and a long-term perspective are fundamental to our approach.

Our extensive knowledge in asset management, digital transformation, and geographic insights enables us to craft innovative, enduring strategies for our clients.

Below is a list of clients who have benefited from GeoEnable Group strategic advisory, consultancy, or training services

Why WHOLE life asset management is important

WHY IT'S CRUCIAL

Strategic, whole-life asset management is crucial because it ensures effective management of assets from acquisition to disposal, maximizing value and minimizing costs throughout their lifecycle.

This approach optimizes performance, aligns practices with organizational goals, and supports sustainability. It also enhances risk management and safety by identifying potential issues early and implementing preventative measures. By considering long-term implications, organizations can achieve greater efficiency, reliability, and return on investment, ultimately benefiting society and the environment.

What we can help you understand and implement

Enhance Infrastructure Reliability​

Learn strategies to improve the efficiency and reliability of your infrastructure assets. We'll cover essential practices that ensure your assets perform at their best, supporting long-term operational success.

Maximize Property Utilization​

Understand how to maximize the value and utilization of your property assets. This session will introduce you to key concepts and techniques for better property management, helping you achieve strategic goals and drive financial savings.

Drive Financial Savings

​Learn how to use strategic asset management to reduce operational costs and maximize the return on your investment in assets.​​

Experts in International Standards

As part of the GeoEnable Group, we can provide a gap analysis, change roadmap and help you prepare for certification in ISO 55001 (Asset Management).​

The GeoEnable Group, of which we are part, are proudly part of the BSI's Associate Consultant Programme (ACP). We are certified to provide consultancy and advice to new and existing clients on the ISO 19650 series (Information Management, with BIM) and the ISO 55000 series (ISO 55001) (Strategic Asset Management).

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GeoEnable Group

The GeoEnable Group provide expertise in digital transformation and asset management, leveraging geospatial solutions, connected digital twins and innovative technology for sustainable efficiency.

Our approach combines change management, industry and data expertise to achieve impactful, sustainable results across asset life cycles.

Our Details

​GeoEnable Ltd is a Company Registered in England & Wales with Company Number: 06661892
Registered Office: NR2 3JA, United Kingdom | ​D&B D-U-N-S Number: 211325377

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