What Drives Enterprise Asset Management Success?

In this episode of The ITSM Practice Podcast, Luigi Ferri delves into the nuances of Asset Management, highlighting its critical role in enhancing organizational efficiency and achieving strategic objectives. Luigi explains how ISO 55000 defines an asset and outlines the benefits and life cycle of effective asset management, supported by ISO 55001 standards. Discover key strategies for optimizing asset utilization, ensuring compliance, and promoting sustainability within your organization. In this episode, we answer to: What does ISO 55000 define as an "asset"? How can effective asset management benefit an organization? What are the key stages of the Asset Management Life Cycle? Resources Mentioned in this Episode: PECB, article "4 Key Stages of Asset Management Life Cycle", link https://pecb.com/article/4-key-stages-of-asset-management-life-cycle- Comparesoft, article "What You Need to Know About ISO 55001 Before Considering an Asset Management System", link https://comparesoft.com/asset-management-software/iso-55001/ SAI Global, article "ISO 55001 Asset Management Systems", link https://saiassurance.com.au/iso-55001/ Connect with me on: LinkedIn: https://www.linkedin.com/in/theitsmpractice/ Website: http://www.theitsmpractice.com And if you want more tips and guidance, follow me on LinkedIn. I am sharing daily posts regarding Enterprise Service Management, IT Service Management, and IT Security. Credits: Sound engineering by Alan Southgate - http://alsouthgate.co.uk/ Graphics by Yulia Kolodyazhnaya