Reliability | Laith Alfaqih on The Organizational Readiness Blueprint for Asset Management

Laith's Linkedin : https://www.linkedin.com/in/laithalfaqih/Connect with Stantec : https://www.stantec.com/enSummaryMany organisations invest in asset management programs, new systems, and predictive tools, yet reliability performance often doesn’t improve as expected. Why? In this episode, JP sits down with Laith Alfaqih, Senior Principal and Asset Management Lead at Stantec, to explore organizational readiness. They discuss why asset management should be treated as a management system, not a toolkit, the most common readiness gaps across industries, and a practical framework leaders can use to assess whether their organisation is truly ready to make asset management stick.Chapters00:30 Introduction and Context Setting04:00 Understanding Organizational Readiness06:40 Defining Asset Management and Its Importance11:23 Challenges in Asset Management Initiatives17:12 Leadership's Role in Asset Management22:41 Reframing Asset Management as a Management System25:12 Holistic Asset Management Approach27:04 Challenges in Data Collection and Management33:25 Organizational Readiness Blueprint42:23 Assessing Organizational Readiness46:12 Leadership Actions for ImprovementSound Bites"Preventing issues starts with good data and standards""Trust your people, empower them, and provide resources""Think with the end in mind for success"Key TopicsOrganizational readiness definition and importanceCommon reasons for asset management project failuresLeadership's role in asset management successData quality and standards in asset managementCreating a culture of continuous improvement