Session 1. Leadership

Strategy drives productivity

In this opening session speakers demonstrated how including maintenance and reliability in their corporate strategy delivers improved productivity.

Strategic asset management – a global power company’s view of why it’s good for business

Facts
Date: 2011-11-14
Location: United States
Presenter: Mark Mueller, Director of Asset Management, AES Corporation
Conference: AM2011 North America
Mark Mueller

Summary

This presentation explores how business goals for physical assets are optimally delivered through Strategic Asset Management, which goes beyond maintenance to align and optimize outcomes using risk-based thinking. In addition to an overview of Asset Management Industry standards, the UK's PAS 55 and the draft ISO 55000, you'll learn how AES Corporation applies PAS 55 as a basis for their Asset Management Framework. Rolling out the Framework to our global businesses provides financial and non-financial benefits and some interesting challenges. The key to delivering these benefits through the Framework is the change in behaviors and the linking of people across functions. Understanding that Asset Management results are about a cultural transformation, not just documents, we have cascaded the business objectives down to operators and maintainers, targeting equipment reliability. Using Strategic Asset Management principles in day-to-day activities assists us to drive operational excellence.

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Management drive to innovative reliability strategy transforms refinery from ‘black sheep’ to ‘state of the art’

Facts
Date: 2011-11-14T12:03:57
Location: United States
Presenter: Daniel J. Statile, CMRP, Vice President and General Manager, NuStar Asphalt Refining LLC
Conference: AM2011 North America
Daniel J Statile

Summary

In this presentation, Dan describes creating an oil refinery's vision for an innovative strategy leading to structural reliability and maintenance improvements. Implementing a methodical approach to strategy development resulted in organizational, functional execution, and behavioral changes, transforming poor reliability performance to state of the art. Dan explores the process employed, the solutions put into action, and the lessons learned from driving change using a strategic process to bring an organization to own the initiatives that resulted in performance improvement.



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Implementing an innovative approach to outsourcing leads to lower costs, improved service, and win-win.

Facts
Date: 2011-11-14T12:03:57
Location: United States
Presenter: Kate Vitasek, University of Tennessee
Conference: AM2011 North America
Kate Vitasek

Summary

Many outsourcing deals are fundamentally flawed and prevent transformational results. The University of Tennessee and the United States Air Force partnered to research leading companies that challenge conventional approaches to outsourcing. Author, educator and business consultant Kate Vitasek is the founder and lead researcher in the concept of a fresh approach to outsourcing whereby companies and their outsourcing suppliers collaboratively develop performance-based solutions and thus become vested in each other's success. Vitasek has codified the game-changing rules in her book Vested Outsourcing: Five Rules that Will Transform Outsourcing. Kate will share her research and insights, and participants will learn how apply these rules to rethink their outsourcing relationships and take them to a higher level with improved results.





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