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The primary intention of this book is to present the Maintenance Scorecare, a tool designed to help maintenance practitioners, owners, and managers develop and implement strategy for the management of their physical asset base. Presented from the book:
The Maintenance Scorecard
(The Maintenance Scorecard Strategic Advantages)

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   by Daryl Mather
Published By:
Industrial Press Inc.
Unquestionably a maintenance scorecard (MSC) consistent with corporate goals will be invaluable. SALE! Use Promotion Code TNET11 on book link to save 25% and shipping.
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Strategies not Policies

 

Throughout the corporate and strategic level of the MSC, there is often the tendency to confuse the creation of asset management policy with the creation of asset management strategic plans. While there is a level of inter-dependence between these two areas, they are not one and the same.

 

A statement that clearly highlights the values, focus and mission of the organization in a particular area usually represents policy within these areas, whereas the objectives created throughout the MSC are usually more quantifiable, more specific and more prescriptive. Statements also represent them however. Policy statements are often derived from the strategic planning that is carried out.

 

For example, a corporate level objective to maintain the risk of safety incidents can be translated into a range of corporate policy statements on safety such as-

 

  1. All actions within the organization will be carried out according to the safety procedures in place for the task.

 

  1. All safety incidents will be analyzed following the Problem Elimination Logic procedures in place for their future elimination and mitigation. Alternatively corporate policy statements may be at an even higher level with such statements as-

 

“Safety is paramount to our operations.”

 

While these are more guidance statements than anything of specific use, they all serve the purpose of policy. They represent the approach, vision, mission or values of the organization to its operations. They are not necessarily quantifiable objectives, but are able either to feed into the MSC process or to be defined from the MSC process.

 

Copyright 2005, Industrial Press, Inc., New York, NY

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