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Articles

Making Asset Management Decisions: Caught Between the Push and the Pull

Making Asset Management Decisions: Caught Between the Push and the Pull

Most senior executives spend years climbing through the operational ranks. In the operational ranks, many transactional decisions are required each day.

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Many make allowances for decision makers, saying some are “faking it until they make it.” However, this is the wrong default position to take when communicating with decision makers.

Ultrasound for Condition Monitoring and Acoustic Lubrication for Condition-Based Maintenance

Ultrasound for Condition Monitoring and Acoustic Lubrication for Condition-Based Maintenance

With all the hype about acoustic lubrication instruments, you would think these instruments, once turned on, would do the job for you. Far from it!

Maintenance Costs as a Percent of Asset Replacement Value: A Useful Measure?

Maintenance Costs as a Percent of Asset Replacement Value: A Useful Measure?

Someone recently asked for a benchmark for maintenance costs (MC) as a percent of asset replacement value (ARV) for chemical plants, or MC/ARV%.

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OEM recommended maintenance plans

Is it best to follow OEM recommended maintenance plans?

One-third of CEO Terrence O'Hanlon's colleagues think so - at least as a starting point. What do you have to say?

Hero or Goat? The Difference Is Knowing the Difference

Hero or Goat? The Difference Is Knowing the Difference

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.

3 Practical Examples of Successful Digital Transformations in Manufacturing

3 Practical Examples of Successful Digital Transformations in Manufacturing

"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.”

- Terrence O'Hanlon, Publisher and CEO

Why Vibration Monitoring and Analysis Are Essential

Why Vibration Monitoring and Analysis Are Essential

Vibration monitoring makes it possible to detect and diagnose problems before they become severe.

Leading Reliability Improvement Like a Rock Star

Leading Reliability Improvement Like a Rock Star

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.

Reliability: A New Definition

Reliability: A New Definition

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.

RCA: “Due To” or “With” the Virus

RCA: “Due To” or “With” the Virus

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).