by Heidi | Nov 2, 2023
Canada’s St. Lawrence Seaway Management Corporation (SLSMC) is in the process of upgrading its Infrastructure Management Support System (IMSS), whilst also simultaneously implementing an Asset Management Eco-System (AMES) to align with ISO 55001. The Corporation seeks to formally define Stakeholder Value with a view to implementing Value-based Decision-making via the IMSS.
As part of formalising its Asset Management System, SLSMC developed an Asset Management Value Framework with significant Internal and External Stakeholder engagement. The analysis of the Internal and External Contexts provided the opportunity to further define stakeholders’ needs more clearly in a way that might be used to define Value. This process enabled SLSMC to identify key Internal and External Risk Factors crucial to the sustainable seaway service delivery.
In this presentation, Iqbal Singh Biln will share how SLSMC went about defining stakeholder value from Seaway Assets by exploring the Drivers of Value, the associated risks, and their impact on Seaway services in the current operating context.
About the speaker:
Iqbal Singh Biln, Manager, Corporate Technical Programs, St. Lawrence Seaway Management Corporation, Canada
Iqbal Singh Biln is a “hands-on” certified engineering professional with 35 years varied experience in management of engineering, maintenance, operations, and infrastructure in the heavy industrial industry (mining & inland navigation).
Iqbal holds a Bachelor of Mech. Engineering Degree from Central Queensland University, Rockhampton, Queensland, Australia and an MBA from State University at Buffalo, New York, USA. He also is a Certified Asset Management Assessor and a Certified Maintenance Management Professional. As a Six Sigma Champion, Iqbal is committed to excellence through continuous improvements, and always has the desire to accomplish and exceed business goals and initiatives.
For the last 25 years he has held various management positions at the St. Lawrence Seaway Management Corporation, Ontario, Canada and currently serves as the Manager, Corporate Technical Programs.
by Heidi | Oct 31, 2023 | Certification, Member News
The Asset Management Council is a proud founding member of the World Partners in Asset Management. The Certified Asset Management Assessor (CAMA) Certification establishes an individual’s knowledge and comprehension in Asset Management, globally. Over the past nine years CAMA has become the benchmark for Asset Managers worldwide – WPiAM now has over 1900 CAMA Certificants who are in more than 76 countries!
Did you know all Asset Management Council members receive 33% off the cost of their CAMA exam? Contact us today to receive your code.
by Heidi | Oct 31, 2023 | General
The GFMAM – Global Forum on Maintenance and Asset Management – comprises 14 member societies from different countries across the world. These societies encompass professionals across varied industries, each brining distinct perspectives, practices, and levels of expertise to the field of Asset Management. This expensive geographic and industrial coverage positions GFMAM uniquely to gather insights and data on key topics within the Asset Management sector.
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by Heidi | Oct 30, 2023
Llewellyn Fonseca, Senior Manager of Corporate Asset Management Strategy at Canada’s TransLink, will highlight the initial successes of their asset management program. He will discuss the collaboration of asset management champions within the complex organizational structure to advance their capabilities in this area. However, the region’s rapidly growing population has led to a swift rebound in transit ridership. This growth necessitates planning for the expansion of the system and services as a part of the region’s long-term transportation strategy. These pressing concerns are compounded by the organization’s ongoing commitment to providing safe and reliable transportation services with an aging system currently undergoing transformation, including asset renewals and a transition to a zero-emissions fleet. Discover how TransLink’s corporate asset management program intends to leverage asset management in strategic decision-making to address these complex challenges effectively and optimize value from their investments.
About the speaker:
Llewellyn Fonseca, Senior Manager, Corporate Asset Management Strategy, TransLink Canada
As Senior Manager of Corporate Asset Management Strategy at TransLink, Llewellyn is responsible for ensuring enterprise-wide stewardship of assets and influencing long-range planning. He provides leadership and strategic direction on asset management best practices, and investment planning efforts to align with ongoing sustainability and modernization initiatives, while achieving customer service excellence. Known for building trusted relationships, he collaborates with multiple stakeholders to reach consensus and optimize investment decisions for the successful delivery of complex and challenging capital projects. Llewellyn also serves on the board of directors for the Canadian chapter of the Institute of Asset Management and is passionate about helping organizations unlock the value from their investments.
