The IAM Big Picture, The Journey ISO55000. What is Asset Management?

The IAM Big Picture, The Journey. What is asset management and how do you fit into asset management. The Big Picture is an excellent resource from the Institute of Asset Management.

This is a captioned version of the Big Picture of Asset Management to allow people to watch it with the sound off. The auto generated YouTube captions were not accurate! The video remains the IP and copyright of the IAM.

Video contents:

00:00 Introduction to the IAM Big Picture
00:31 Before starting Asset Management, Reactive decisions
00:54 A typical organisation with 'Ivory Tower' and Siloes/Tribes
01:25 Example of a reactive decision, not joined up
03:03 How to start making the Asset Management change
03:40 Its not just about certification, ISO55 is a starting point
04:14 Collective decision making
04:34 Unclear strategic objectives
05:43 Asset Management Transformation
06:12 What is an optimal Asset Management decision?
06:45 Asset Management is a journey of continuous improvement
07:12 Integrated decision making and a data example
07:57 What it feels like to be part of an mature Asset Management organisation