Want FREE Templates on Digital Transformation? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.

We have categorized 2 documents as Planned Maintenance. All documents are displayed on this page.

In the often-cited words of Jack Welch, the former CEO of General Electric, "An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage." Implementing a structured planned maintenance (PM) program for your organization provides this competitive edge, enhances Operational Excellence, and can yield significant improvements in equipment reliability and productivity.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Flevy Management Insights: Planned Maintenance


In the often-cited words of Jack Welch, the former CEO of General Electric, "An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage." Implementing a structured planned maintenance (PM) program for your organization provides this competitive edge, enhances Operational Excellence, and can yield significant improvements in equipment reliability and productivity.

Planned Maintenance, also known as preventative or scheduled maintenance, is a strategy for maintaining organizational assets and equipment. It involves regular, scheduled maintenance activities, aimed at preventing breakdowns and failures before they occur. A robust PM protocol can significantly impact Business Transformation efforts, enhancing efficiency and minimizing performance disruptions.

Strategic Value of Planned Maintenance

Planned Maintenance moves organizations beyond reactive measures, allowing them to anticipate and manage equipment maintenance proactively. A shift from reactive to proactive maintenance can yield substantial financial savings. A survey by Jones Lang LaSalle found that, on average, the potential cost savings from an effectively implemented planned maintenance program can range from 12% to 18%. Key benefits of PM include increased operational uptime, improved resource management, lowered repair costs, and extended equipment lifespan.

Key Principles for Implementing Planned Maintenance

Leadership Commitment: PM initiatives must be driven by committed leadership. This commitment helps to instill a culture of regular maintenance across the organization. Risk Management: Incorporating risk analysis into maintenance decision-making helps in prioritizing maintenance tasks based on potential operational and financial impact. Resource Allocation: Executing a successful PM program requires the proper allocation of human, financial, and time resources. Continuous Improvement: Regular reviews and adjustments to the PM program based on performance data ensure ongoing improvements in equipment reliability.

Best Practices in Executing a Planned Maintenance Program

  1. Plan Ahead: Develop a maintenance schedule based on equipment manufacturers' recommendations and past performance data.
  2. Invest in Training: Equip your team with the necessary skills to understand and carry out maintenance tasks effectively.
  3. Implement PM Software: Leverage technology to streamline scheduling, track maintenance tasks, store equipment data, and generate insightful reports.
  4. Effective Communication: Keep all stakeholders informed about upcoming maintenance activities, disruptions, and the benefits of the program.

Transitioning to Planned Maintenance: Strategic Considerations

Transitioning to a PM approach requires Strategic Planning and Change Management. Consider your organization's specific needs, available resources, and existing infrastructure. As Jack Welch noted, "Change before you have to." Start small, prove the concept, and then scale up. Reap the benefits of Planned Maintenance by embracing it as an integral part of your organization's Strategic Management initiative.

Ultimately, PM enhances an organization's overall Operational Excellence and long-term success. It aligns with continuous improvement philosophies, reduces downtime, and fosters a proactive culture. A well-executed Planned Maintenance program is an investment in your organization's future.

For effective implementation, take a look at these Planned Maintenance best practices:


Explore related management topics: Operational Excellence Business Transformation Change Management Strategic Planning Competitive Advantage Continuous Improvement Resource Management Total Productive Maintenance




Additional Flevy Management Insights

Receive our FREE presentation on Operational Excellence

This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.