Asset Management Is an Organization-Wide Responsibility
Physical assets enable organizations to deliver services, achieve strategic objectives, manage risk and create value. Yet responsibility for those assets is often distributed across functions, departments and disciplines operating with different priorities, processes and information.
OWPAM® provides an integrated approach for bringing these elements together. It connects organizational objectives with asset management strategy, decision-making and operational activities creating alignment across leadership, engineering, operations, maintenance, finance, capital planning, information management and other functions that influence asset performance and value.
The OWPAM® Approach
Strategy → Alignment → Integration → Operationalization → Value Realization
Strategy → Alignment → Integration → Operationalization → Value Realization
OWPAM® helps organizations establish the alignment, integration and organizational capabilities needed to operationalize asset management. The result is a coordinated organization in which asset management becomes part of how the organization operates and makes decisions.
Operationalizing Asset Management — ITTO-OV®
Inputs → Tools & Techniques → Outputs → Outcomes → Value
ITTO-OV® provides a structured methodology for translating asset management intent into organizational practice and results. It creates a line of sight from what an organization needs and does to what it produces, what changes as a result, and the value ultimately created.
From Asset Decisions to Organizational Value
Organizational Objectives → Asset Decisions → Outputs → Outcomes → Impacts → Benefits → Value
The Value Realization Pathway connects organizational objectives and asset decisions to outputs, outcomes, impacts, benefits and ultimately value—helping organizations look beyond activity completion toward meaningful results.
The OWPAM® Book Series
01 — THE CHALLENGE
02 — THE SYSTEM
03 — THE OPERATIONALIZATION
Understanding the fundamental landscape and the organizational challenges of asset management.
Building the integrated OWPAM® framework to connect strategy with organizational outcomes.
Translating intent into practical results through structured techniques and organizational mastery.
Physical Asset Management
Organization-Wide Physical Asset Management
The OWPAM® Operationalization Guide
CA$ 39.99
CA$ 74.99
Coming soon
UNDERSTAND THE CHALLENGE → BUILD THE SYSTEM → OPERATIONALIZE THE APPROACH
ABOUT THE AUTHOR
About Dharmen
Visionary Asset Management Leader | Advisor | Global Educator
Dharmen Dhaliah is an asset management leader, author, advisor and educator with more than 26 years of experience spanning physical asset management, reliability engineering, maintenance management, infrastructure, capital planning and organizational transformation.
He is the creator of the OWPAM® approach and author of the OWPAM® book series. His work focuses on helping organizations move beyond isolated asset management practices toward integrated, organization-wide approaches that connect physical assets with strategic objectives, organizational performance and value realization.
SPEAKING | WORKSHOPS | TRAINING | ADVISORY