Living Asset Management

Living Asset Management focuses on people and the need for good leadership and strategies for developing a high performance culture which ensures excellence in asset management. Read More

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A Paradigm Shift in Asset Management

Just as a tree needs the right climate and soil to produce wonderful fruit, so too, asset management must have the right environment to flourish; the right leadership, behaviour and culture. Read More

Excellence in Asset Management

This book is called Living Asset Management. This tree metaphor was chosen because it illustrates, at an axiomatic level, that leadership, culture, emotions and behaviours are vital. Read More

Living Asset Management Maturity – An Overview

Authors: J Hardwick, M Kerr, M Killeen, P Kohler, JR Lafraia & SA Nugent

This document briefly outlines the conceptual thinking developed by the authors as part of an informal Asset Management Maturity Concepts (AMMC) think tank that has been discussing and debating asset management maturity for the past year.

We are continuing to test the key principles of AMM, and how these principles look and feel in the different parts of the organisation/organisational elements.

We invite participation and feedback. Read the overview

Preview: Preface

The banana tree flourishes in a tropical climate with rich, fertile soil. Here, the tree is most productive and the bananas are of the highest quality. Th e tree does not flourish however, in rocky soil and cold climates. We can use a... Read More

Preview: Contents

Preview the Contents of Living Asset Management. Chapters include Organisational Design and Value for Asset Management; Understanding Culture and Behaviour in Organisations and An Analysis of Asset Management Maturity Excellence... Read More

Preview: Chapter 1

Doubling of share prices, putting a man on the moon, turning an old refinery into a world-class facility and improving safety are all outcomes that have been delivered by implementing asset management. In the tree metaphor, these are some of the fruits and seeds of asset management... Read More

Preview: References

Preview the References used in the creation of Living Asset Management... Read More

Preview: Bibliography

Preview the full bibliography for Living Asset Management for further reading... Read More

João Ricardo Barusso Lafraia

is the author of the Handbook of Reliability, Availability and Maintainability, Leadership for Safety, Health and Environment and co-author of Strategic Reliability Management, Creating the Habit of Excellence, Value-based Leadership. He has also authored several articles and lectures on Management Excellence Reliability and Environmental, Health and Safety. He is currently the general manager of Refining Operating Efficiency at Petrobas, Brazil. He is the President of ABRAMAN (Brazilian Association of Asset Management and Maintenance) and holds the Executive position with the Global Forum on Maintenance and Asset Management.

John Hardwick

is the Group Executive, Network Strategy of Networks NSW. John has a background in the NSW Electrical Industry with 30 years’ experience. He completed a Masters of Business Administration at the Australian Graduate School of Management. John was responsible for all maintenance and replacement programs and expenditure on Network assets in Ausgrid for 10 years. John is the immediate past Chairman of the Asset Management Council and the Chairman of the Global Forum on Maintenance and Asset Management (GFMAM).


J.R. Lafraia - Leadership for Reliability
AM Council 2011 - Gold Coast, Australia
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J.R. Lafraia - Leadership for Reliability
SMRP 2011 - Greensboro, USA
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J.R. Lafraia - Asset Management Leadership and Culture
IAM 2012 - Warwick, UK
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J.R. Lafraia & J Hardwick - Leadership and Culture
Abraman 2013 - Rio, Brazil
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J.R. Lafraia & J Hardwick - Living Asset Management
AM Council 2013 - Melbourne, Australia
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J.R. Lafraia - The Critical Nature of Leadership and Culture in Creating and Sustaining Change
PEMAC 2013 - Calgary, Canada
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J.R. Lafraia - The Critical Nature of Leadership and Culture in Creating and Sustaining Change
EFNMS 2014 - Helsinki, Finland
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Authors: J Hardwick, M Kerr, M Killeen, P Kohler, JR Lafraia & SA Nugent

Living Asset Management would not have been possible without input from the following people:
Peter Kohler
Sally Nugent
Collected interviews, case studies and insights
David Daines, Richard Edwards, Italo Freitas, Benjamin Hayden, Glenn Ingram, Martin Kerr, Achim Krüger, Michael McGrath, Andrew Morgan, Ian Pedersen, Gary Seabury, Gary Winsor.
To all of the people above, thank you for your time and efforts.

Testimonial From Readers

“The ideas presented in this book represent a paradigm shift in thinking about asset management. ”

Marlene Kanga National President (2013), Engineers Australia

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