Janvi will zero in on practical lessons from leading and supporting in large, cross-organisational transformational asset management programs based on her experience in working in both private and public sector organisations. Janvi will describe the common challenges and successes faced by organisations when driving such change programmes as well as what affects its successful embedment in the organisations. Janvi brings to life some of her recent experience of working with both regulated and non-regulated sector which have one thing in common - that is Asset Management is at the heart of everything they do.
Dr Janvi Shah, is a Chartered Engineer and an Experienced Asset Management Professional working in both public and private sector. She formerly held the roles of an Assistant Director for Strategy and Performance at the Birmingham City Council (Europe's largest Council) and Head of Asset Management Strategy at National Highways responsible to lead the multi-year Asset Management Transformation Programme.
Most organisations have developed impressive and clear asset management policy and strategy. However, on occasions, we face challenges when implementing these strategies, resulting from realisation of planned or unplanned risks. These risks could be a result of a combination of things including but not limited to historic funding challenges, ageing asset, deteriorating asset performance or external factors such as detrimental impacts of climate change.
A strategy that enables an outcome-driven approach focussing on service to customers whilst effectively managing asset risks is paramount. In addition, having a clearly defined risk-based approach to asset management supports organisations to prioritise the limited funding where there is greatest need.
Understanding why your assets exist is a simple yet important question for leaders to ask. Once we understand this, we then need to ensure our strategic asset management approaches, maintenance plans and renewal triggers are supporting the reason for existing. Asset Management is about balancing risk, cost, availability, and safety within the constraints of your business environment.
These Asset Management leaders will discuss how they have tuned their asset management approaches to align to organisational goals and are managing their assets for the full asset life cycle.