The Asseteers: Recent Episodes
Paul Daoust
The Asseteers podcast inspires leadership on the holistic and strategic asset management odyssey towards operational excellence.
What is assurance in the context of asset management?
Join Susan Lubell and Paul Daoust in this episode as we discuss the last fundamental of asset management - assurance.
If the management system has an organization:
- Say what it does
- Does what it says, and
- Proves it!
then assurance helps with the prove it part.
Leadership's role for assurance is one of Governance which has four elements:
- Performance Management Review
- Audit
- Improvement & Innovation
- Decision-Action-Result Tracking
What does leadership mean in the context of asset management?
In this episode, Susan Lubell and Paul Daoust explore the role of leadership to manage, lead and govern the organization.
We cover leadership's responsibility to provide purpose and a mission while maintaining alignment.
We talk about setting business goals and deploying strategy. How leadership can influence the culture it desires.
We talk about the power leadership has in asking questions its organization attempts to answer. And we discuss the importance of building trust amongst teams and developing a learning organization.
Finally, we touch on how management systems can support leadership to keep track of all the activities going on in its complex scope of practices and span of control.
What is organizational alignment? How is it important for good asset management?
Are we well aligned? How do we know? What then is misalignment and what does it look like? What can we do about it?
Apply the five elements of alignment: leadership, teamwork, assets, information management and performance imporvement.
What is value in formal asset management? Why is it so important?
Susan Lubell joins Paul Daoust to talk about the first of the asset management landscape fundamentals: value.
Formal asset management is all about value delivery, both the preservation of existing value and the creation of new incremental value.
In this episode, we will define value and how it is important for our stakeholders. We will define the financial and non-financial value drivers.
We will discuss how to measure value and how much value delivery is enough. We'll talk about productivity and its antithesis value leakage.
In this episode, Susan Lubell and Paul Daoust discuss the capabilities of the organization in the context of asset management.
What is competence? What is a competency framework? It can be defined as 1) tested knowledge, 2) applied skills, and 3) work experience coupled with resource capacity and practice quality.
We discuss competency for the new and emerging profession of formal asset management. We explain the difference between knowledge-based certificates and competency-based certifications highlighting the recently launched Global Credential Scheme (GCS) offered by World Partners in Asset Management (WPiAM).
We talk about leadership competencies and expectations for continuing professional development for their asset management staff. It all comes together where the product is more than the sum of its parts when capable multi-disciplined individuals work together in a high-performance team to deliver superior value.
What is an asset management system? What is a management system? What is a system? How can an asset management system be helpful as a system of management for managing assets? Confused? You are not alone. In this episode Paul Daoust and Susan Lubell discuss the principles and practices that go with designing, building, implementing and sustaining a functional asset management system to support value creation.
Susan Lubell joins Paul Daoust to introduce the new and emerging asset management discipline and profession as we explore GFMAM The Asset Management Landscape publication
Welcome to The Asseteers, a podcast that inspires leadership on the holistic and strategic asset management odyssey towards operational excellence.
I am your host, Paul Daoust and I’ll be sharing my passion for asset management as a practitioner, leader, and advocate for over 25 years. I’ll be inviting guests with the best and brightest minds in the profession to share our collective knowledge and wisdom. Our mission is to help you, the leader, direct your vast and scarce resources to deliver more value for less in your organization to meet your business outcomes and make your stakeholders happy.