How can Behavioural Science help solve your most pressing problems for you most important assets? – Join the Asset Management Council Sydney Chapter for it’s upcoming webinar.
Click here to register your attendance
Date: Wednesday, 19 October 2022
Time: 6pm – 7pm AEDT
Place: Online, register to be sent your link
Cost: Free for AMCouncil members, otherwise $50
Earn: 1 CPD point
How can Behavioural Science help solve your most pressing problems for you most important assets?
Asset management culture is alien to the way the average person thinks and makes decisions. There is a dichotomy between the evidence-based analytical methodologies used by engineers and the intuitive or heuristic processes commonly used by the general public.
Both can be appropriate in context, but wrong choices can lead to undesirable and sometimes dire consequences. For the recommendations from an engineering analysis to be accepted by non-technical decision-makers, the findings must be presented in a manner that takes account of human factors.
Successful engineers are those who are proficient in translating the language of their technical discipline into that of broader society. A key skill is consequential reasoning, which is critical to the persuasive power of analytical findings. Behavioural Asset Management ™ (BAM™) combines structured learning in communication, socio-cultural and emotional intelligence with cognitive psychology and epistemology, especially in relation to bias and false logic.
Dr Nigel Booker, Principal, Asset Management and Performance, Deloitte Consulting
Nigel has over 25 years’ success leading excellence in complex, fluid, and challenging environments. Recognised internationally as an expert in forensic engineering, failure analysis and complex decision making, Nigel’s has authored and published several thought leadership papers on the subjects. Combining distinguished forensic engineering qualifications and demonstrated achievements in building relationships, stakeholder analysis, situational leadership, key leader engagement, asset optimisation, active participation of enterprise asset management and deep data analysis skills gained through broad experience, yielding proven results in building, and coordinating high performance structures within a complex international arena, while reducing the cost of ownership.