Helping boards unlock the value in their company assets
Board directors are asset managers. Unlocking the value in your company’s assets in order to deliver services to customers and returns to shareholders is a critical role for directors. Over the past 40 years there has been a dramatic shift in the balance of tangible and intangible assets in the world’s leading companies. This shift offers opportunities to create greater value from fewer physical resources. This not only improves your return on investment, it also reduces operational risks and creates a more sustainable business.
Monique works with boards to deeply understand, and then strategically approach, asset management.
The Board’s Role in Asset Management
Board Directors are asset managers. Delivering value from the company’s assets is one of the key roles of the board. It’s important that board directors have a thorough understanding of asset management principles and how they apply to board decision making.
This series of five articles focuses on the Board’s role in asset management across Leadership, Strategy, Risk, Policy and Compliance.
Connecting Board Objectives to Asset Management Practice
Creating value from the organisation's assets is a core function of the board and the objective of asset management. This paper integrates Tricker's internationally accepted model of governance with the principles of asset management, as detailed in the ISO 5500x standards. This provides a useful framework for boards to understand the importance of asset management and for asset managers to better articulate their value to boards.
Asset Management for Directors
Delivering value from the company’s assets is one of the key roles of the board. Accordingly, it is critical that company directors have a thorough understanding of asset management principles and how they apply to board decision making.
The ISO 55000 suite of international standards for asset management has caused a shift in the way companies around the world address their asset management responsibilities.
Asset Management for Directors provides a clear and concise guide to the essentials of asset management and practical advice on applying these principles to ensure that boards are creating value for their stakeholders.
Topics covered include:
Setting asset management policy at the board level
Assessing stakeholder expectations for return on assets
Creating value by taking a whole of organisation approach
Aligning asset management practices with the company’s strategic objectives
Managing organisational risks using an asset management approach.
Asset Management for Directors is currently out of print - please contact Monique for more information.
boardoom briefings
Boardroom Briefing
Monique provides briefings for boards looking to get clearer on asset management and its strategic importance, and understand their responsibilities at the board level. This can be incorporated into your regular board meeting, or run as a stand alone session. Suitable for boards, board committees and executive teams.
Boardroom Masterclass: Unlock value from your assets
Monique runs a half day masterclass for board members, which can be incorporated into your regular board meeting or run as part of a board retreat.
In this masterclass you’ll learn:
How business model innovation can drive growth by unlocking value in your assets;
The essentials of setting asset management policy at the board level;
A framework to align asset management practices with company strategic objectives;
How to define value from the perspective of your stakeholders;
How to reduce organisational risks using an asset management approach.
Each participant receives a copy of Monique’s book, Asset Management for Directors.