Trusted advisers must understand what is meant by a decision, the different types of decisions, and the external influences on decision-making in the presence of complexity and uncertainty.
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"In this article, Eric provides crystal clarity for those organizations that are on the digital transformation journey by sharing real-world examples from real-world companies that produced tangible business results.”
Did you know that 80 percent of efforts to improve asset performance fail? They either fail to achieve the desired objectives as stated in the initial business case or they fail by exceeding the time and cost to make them worthwhile financially.
If you limit yourself to being equipment focused, you will miss many, if not most, of the opportunities for improvement in the performance of the system as a whole.
While the COVID-19 pandemic is tragic for many people, it also could be used as a teaching opportunity to demonstrate the utilization of formal root cause analysis (RCA) for proper identification of its cause(s).
The Society of Automotive Engineers (SAE) Standard on Reliability-Centered Maintenance (RCM), SAE JA1011, generates a lot of discussion wherever RCM is discussed.
Research data from Reliabilityweb.com Research shows the market share of Reliability-centered Maintenance [RCM] for Reliability Strategy Development [RCD]
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