Marcus Stenstrand - You Should Regard Information As An Asset

01/11/21 • 56 min

Asset Management; the accelerator for the Energy Transition and Resilience

Asset-intensive organizations have to manage vast amounts of data to manage their assets and base their strategic, tactical, nd operational decisions on.

The Finnish TSO (Transmission System Operator) Fingrid has been on a journey to develop a digitalized way of working with their assets for many years now. In the global TSO benchmark ITAMS, it can be seen that Fingrid is consistently one of the best performers in that sector. Marcus Stenstrand, Digitalisation Manager and also one of the main responsible for implementing ISO 55000, explains that the starting point is actually that the organization has to make a formal decision to manage its information in the same way it manages its physical assets. Listen to his experiences on obstacles, common myths, and practical steps regarding information as an asset.

ITAMS: https://www.umsgroup.com/Europe/What-we-do/Learning-Consortia/ITAMS/

Marcus’ profile: https://www.linkedin.com/in/stenstrand/

Asset-intensive organizations have to manage vast amounts of data to manage their assets and base their strategic, tactical, nd operational decisions on.

ITAMS: https://www.umsgroup.com/Europe/What-we-do/Learning-Consortia/ITAMS/

Marcus’ profile: https://www.linkedin.com/in/stenstrand/

Previous Episode

Francis McDowell - An Uncomfortable Truth About Asset Information Systems

How should an organization regard Asset Information Systems within its Asset Management?

When considering asset management, many organizations work from the IT solution back, rather than from the business requirements forward. They don’t realize that the principles that define AM should be designed into existing business processes and that this should be done before implementing a new asset registry or management system.

Listen to Francis McDowell, Managing Director of Innovative Thinking (IT), as he shares insights from many years of experience in "design to delivery" implementation of ICT systems for health, transportation, nuclear sciences, telecommunications, and water companies that are on an AM journey.

Frank's profile: https://www.linkedin.com/in/innovativethinkingit/

Next Episode

Suzane Greeman - Asset Management Governance

If you want to implement AM in your organization, unless you have a green field facility, this would mean splicing AM into an existing organization. Therefore, AM Governance also needs to be spliced into the Governance System of the organization. But how can this be achieved?

Suzane Greeman, Principal Asset Management Advisor at Greeman Asset Management Solutions and author of the “Risk-based Asset Criticality Assessment Handbook” joins our podcast to share her ideas on Asset Management Governance and how she is leveraging her vast experience in numerous industries.
Suzane's LinkedIn profile