You want to understand Asset Management so someone hands you a reading list: ISO 55000, ISO 55001, the Asset Management Landscape, the AMBoK Framework, the IAM Asset Management Anatomy. "Start here," they say. But where exactly is "here"? In fact, the first thing to do is to understand why each of these documents exist.   Multiple Lenses, One Subject The asset management body of knowledge isn't a single document—it's a library. And before you can know where to start, you need to understand...

You’ve probably heard it said:   "We've got asset management covered—our maintenance team handles that." It's one of the most common misconceptions in our industry. And it's an expensive one. Because when organisations treat asset management as a synonym for maintenance, they're ignoring about 90% of what actually drives asset performance, cost, and risk. The Myth That Won't Die Here's why this myth persists: maintenance is visible. It's tangible. When something breaks, you fix it. When it...

Asset Management System Here's a question that makes asset managers squirm:  "Do you have an asset management system?" The answers I hear are fascinating. Some people point to their CMMS. Others mention their asset register, or that maintenance schedule they update every quarter. A few will proudly show me their shiny new EAM software. And here's the uncomfortable truth:   none of those things are an asset management system.   They're tools. They're data. They're useful. But they're not a...