More than just assets!

Assets are important because they have clear financial benefits (they generate income, increase the value of your business, make it easier to run your business), but they can also improve people's life chances and social relationships.

An asset is a resource with economic value that is controlled with the expectation of providing a future benefit.

A good understanding of the importance of assets can help achieve potential savings and reduce risks.

Managing assets so they can provide products and services is a fundamental part of the discipline known as asset management.

According to IAM (The Institute of Asset Management), “Asset management is about extracting value beyond what is done with the assets. “It’s about using assets to deliver value and achieve the organization’s business objectives.”

Successful asset management requires the active participation of many people within an organization and its supply chain. It requires the understanding and support of internal and external stakeholders. There is increasing recognition that asset management is carried out by multidisciplinary teams at all levels of the organization.

Recognizing the path and maturity of asset management in your organization is a key activity in which def•alliance can help you. Ask one of our consultants how.