Core Components of an Effective EAM Strategy PPT

This PPT slide, part of the 24-slide Enterprise Asset Management (EAM) Strategy PowerPoint presentation, presents a framework for developing an Enterprise Asset Management (EAM) strategy, emphasizing the importance of a Target Operating Model (TOM). It identifies 6 core components essential for a comprehensive EAM approach. Each component is interconnected, suggesting that a holistic integration is crucial for effective implementation.

At the center of the model is the concept of Organizational Culture, which underpins all other elements. Governance and Decision Making is highlighted as a critical area, prompting organizations to reflect on their decision-making processes. This is essential for aligning strategic objectives with operational execution.

The slide also addresses Processes, urging organizations to define the services they provide. This clarity is vital for understanding how to optimize operations. Technology is another key component, focusing on the tools necessary for executing capabilities efficiently. The emphasis here is on ensuring that the right technological infrastructure supports the overall strategy.

People are identified as a crucial factor, with a focus on the skills and competencies required to drive the EAM program. Organizations must assess their human resources to ensure they have the right talent in place. Organization itself is another core aspect, which involves structuring the company effectively to support the EAM strategy.

Finally, Performance Measurement and Reporting are essential for evaluating both organizational and individual performance. This component ensures that there are metrics in place to gauge success and areas for improvement. The slide suggests that a robust EAM program is anchored in these interconnected components, driving program execution excellence.

This slide is part of the Enterprise Asset Management (EAM) Strategy PowerPoint presentation.

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Enterprise Asset Management Target Operating Model Decision Making Organizational Culture Performance Measurement Human Resources Governance

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