{"id":3005,"date":"2025-01-21T10:18:48","date_gmt":"2025-01-21T10:18:48","guid":{"rendered":"https:\/\/newtonimpact.com\/?post_type=content_library&p=3005"},"modified":"2025-09-30T11:09:56","modified_gmt":"2025-09-30T10:09:56","slug":"asset-management-that-delivers-business-value","status":"publish","type":"content_library","link":"https:\/\/newtonimpact.com\/en-us\/content-library\/blog\/asset-management-that-delivers-business-value\/","title":{"rendered":"Asset management that delivers business value"},"content":{"rendered":"\n
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\n Take Me Back<\/a>\n\n

Asset management that delivers business value<\/h1>\n

By David Hart<\/p>\n\n

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Director<\/p>\n <\/span>\n \n

Blog<\/p>\n <\/span>\n \n

5 min<\/p>\n <\/span>\n \n

21st January 2025<\/p>\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/section>\n\n \n\n\n

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The UK has an extraordinary and transformational ambition for its infrastructure, with many organisations preparing to deliver more investment in the next five years than they\u2019ve delivered in the last twenty. This ambition spans the development of cleaner and more secure energy, the upgrade of our energy and transport systems, and the modernisation of our water supply. Infrastructure businesses are facing challenges their leaders and workforce have not seen before in their careers, with an imperative to: increase the size of specialist teams, deliver change at national scale and evolve their culture.<\/span>\u00a0<\/span><\/p>\n

Delivering on this ambition while managing the existing assets – such as gas pipes, electricity cables or water tanks – is at the core of every infrastructure business and using the time of skilled staff effectively is critical to success.<\/span>\u00a0<\/span><\/p>\n

We\u2019ve seen that optimising asset management operations increases the capacity of these skilled staff, delivers cost savings, improves asset availability, helps to manage risk and offers enhanced business value.\u00a0 This requires a rigorous and data-led focus on finding the right performance across availability, safety and cost in how assets are maintained.<\/span>\u00a0<\/span><\/p>\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/section>\n\n \n\n\n

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Newton have developed a three-stage approach to transforming performance across asset operations and maintenance: <\/span>\u00a0<\/span><\/p>\n

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  1. Analysing data<\/span><\/b> to find precisely which tasks are driving real operational value, which tasks cost more than they\u2019re worth and which don\u2019t need to happen at all.<\/span>\u00a0<\/span><\/li>\n
  2. Deeply understanding<\/span><\/b> the operational processes and their link to business performance to ensure that change creates valuable capacity in the workforce and\/or improves asset availability<\/span>\u00a0<\/span><\/li>\n
  3. Embedding a positive culture<\/span><\/b> to risk-based decision-making to change policies and ways of working to enable organisations to evolve to meet ambitions<\/span>\u00a0<\/span><\/li>\n<\/ol>\n <\/div>\n\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/section>\n\n \n\n\n
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    “Our solutions help increase the maturity of our clients\u2019 asset management approach, using the data that they have together with a structured approach to risk that lays the foundations for increased use of conditions-based or preventative maintenance techniques.\u00a0“<\/p>\n \n David Hart, Director <\/span>\n Newton <\/cite>\n <\/blockquote>\n<\/div>\n\n <\/div>\n <\/div>\n <\/section>\n\n \n\n\n

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    Newton impact<\/h2>\n <\/hgroup>\n \n
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    Our solutions help increase the maturity of our clients\u2019 asset management approach, using the data that they have together with a structured approach to risk that lays the foundations for increased use of conditions-based or preventative maintenance techniques.\u00a0 This improves the precision of planned maintenance tasks and increases the business value delivered by the operational workforce.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

    As a result, it creates the business confidence and the workforce capacity to spend more time delivering the capital investment plan which provides the required upgrades to infrastructure that we all depend on.<\/span>\u00a0<\/span><\/p>\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/section>\n\n \n\n\n

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    Some examples of our work with infrastructure clients and the impact delivered:\u00a0<\/span>\u00a0<\/span><\/p>\n