‘this book is different… the ideas presented represent a paradigm shift in thinking about asset management. Rather than the traditional approach of focusing on plant and equipment, systems and processes, this book focuses on people and the need for good leadership and strategies for developing a high performance culture which ensures excellence in asset management…’

Dr. Marlene Kanga, 2013 National President of Engineers Australia

‘Living Asset Management’ is a must read for anyone on the asset management career path, and is targeted towards those in leadership roles and senior management. Case studies are supported by theory and every anecdote is thorough and relevant. This is not just another textbook!

The authors have a combined global experience spanning some sixty years; hard won knowledge which has allowed them to identify and form a firm belief that effective asset management is a value driver for any business. It allows organisations to meet their objectives and make the best use of available resources. It’s a ‘win-win’ situation for all parties: asset managers, the organisation, stakeholders and the assets.

The collaboration between authors John Hardwick CFAM; Immediate Past Chairman of the Asset Management Council and Chairman of the Global Forum on Maintenance and Asset Management (GFMAM) and J R Lafraia CFAM; prolific writer, lecturer and President of the Brazilian Association of Asset Management and Maintenance (ABRAMAN); has brought forth the long awaited, insightful and thought provoking book ‘Living Asset Management’. A very readable volume which illuminates culture and behaviour in organisations; describes fully, asset management’s cultural stages of maturity; enlightening the reader on the role of emotions and delivering a deep perceptive understanding of leadership and management.

Mike McGrath case study: What asset management can achieve

‘...We had to make a virtue of taking an old asset and making it perform to a world-class standard… It took seven years, but the asset went from being one of the worst performing refineries in the world to being world-class for its size and shape… Reliability went up, costs per unit of production dropped by 50% over several years and the refinery’s costs also reduced substantially…’

‘…I believe this book will become a seminal text for the emerging profession and senior managers wanting to ensure their investments are a success…’

David McKeown - CEO - Institute of Asset Management UK

‘Living Asset Management’ is now available.