Optimizing Business Performance through Effective Asset Management

Acquiring and/or accumulating assets in a business is fundamental to the success of its operations. Assets come at a cost, and poor management of them can result in unnecessary costs.

In this edition of our Dialog for Development, we examine some fundamentals of optimizing business performance through effective asset management. Among the key areas discussed are:

✓ Types of Assets in Business and the illusion that some Assets are Assets when, in fact, they are Liabilities.

✓ The importance of asset lifecycle management and techniques for engaging in predictive maintenance and condition monitoring.

✓ Techniques for balancing cost, risk, and performance to ensure optimum return on investment in business assets.

Facilitator: Jerry DaC Blenman | Executive Director | Caribbean Center for Organizational Excellence