For many organizations, the business climate and operational environment has changed more in the last few short weeks than in the last decade.
There is plenty to organize and work through so an operation can just keep operating. It goes without saying that operating within the organization’s accepted risk profile remains a priority, but with the many changes occurring, many business leaders are concerned about what their current asset related risk profile is looking like.
It is during times of great operating change, that asset strategies need rapid and vigilant assessment, so that the organization is not exposed to significant risk excursions or catastrophic failure events. Most importantly, it’s critical to have a direct line of sight to any risk exposures, and areas where simple, efficient, strategy adjustments ensure that the organization is operating within the desired risk profile. This is - asset management agility.