Strategic Asset Management: the quest for utility excellence.
This book is about how leading utilities across the world can, and are, driving greater levels of performance from their utility assets. It draws upon my own experience of running utilities, but also contains practical content provided by executives from a range of utilities who together supply services to 300 million customers and manage more than £750 billion of utility assets. As a consequence, the book offers numerous case studies, surveys and reviews of how utility companies are addressing many common issues and opportunities.
As this is a book about utility strategic asset management and the linkages between diverse issues such as regulation, organisational design, team working and asset management tools, it outlines some extremely complex concepts. Recognising that many readers may be more interested in specific topics I have made extensive use of figures, introductions and conclusions. In this manner it is possible to quickly overview the whole book and home in on those areas of particular interest.
The three chapters that follow the Introduction are principally for readers who may not have many years’ experience of managing in the utility sector, such as graduates, regulators and non-executive directors. Yet the scope of these chapters means they are also informative and relevant for more experienced utility executives.
In the remaining three-quarters of the book, the concept of the asset management capability model and its six factors are developed and used to illustrate the critical importance those six factors play in delivering excellent utility performance.
Further outline details of the contents of each of the chapters within the book are included in the ‘structure of the book’.