ISO/TC 251 Guidance Addresses the Question "Why “Alignment” in Asset Management?"

“Have you ever felt like your engineering teams, financial teams and operational teams are speaking a different language?”

Published in April 2018, the ISO/TC 251 guidance article discusses the challenges in aligning the viewpoints, terminology and objectives of an organisation’s different teams. The article outlines how to overcome silo thinking, and aligning financial and non-financial functions as an essential approach to achieve better value for an organisation.

Convener of IS0/TC 251 Working Group 5, Peter Way, and committee members Daniel Pairon, Norberto Levin, Kerry Brown, Ed Singer, Richard Culbertson and Rhys Davies have written and reviewed this latest article.

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Further ISO/TC 251 guidance articles and publications can be found on the TC 251 web page. Future articles will be published on the page as they become available.