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Seven Chakras of Asset Management by Terrence O'Hanlon

Seven Chakras of Asset Management by Terrence O'Hanlon

What are chakras?

Disclaimer: I make no claim to have knowledge beyond a basic wikipedia level of "Chakras", a five thousand year study of energy and the human body. This article simply uses the basic analogy of chakras as a lens to view the culture and practice of asset management and the resulting asset management system. - Terrence O'Hanlon

In Sanskrit, the word “chakra” means “disk” or “wheel” and refers to the energy centers in your body. These wheels or disks of spinning energy each correspond to certain nerve bundles and major organs.

To function at their best, your chakras need to stay open, or balanced. If they get blocked, you may experience physical or emotional symptoms related to a particular chakra.Chakras refer to various energy centers in your body that correspond to specific nerve bundles and internal organs.

The seven major chakras run from the base of your spine to the top of your head.

If these energy centers get blocked, you may experience physical or emotional symptoms related to a particular chakra.

Seven ChakrasSeven

Asset Management Chakras refer to various domains in your organization that correspond to specific data, information and asset knowledge.

The seven major asset management chakras run cross-functionally from the specification and design of assets through the asset lifecycle to the decommissioning and disposal of the asset connected through technology.

If these domains get blocked, your organization may experience physical failure or cultural symptoms related to a particular chakra.

Asset Management Chakras Asset Management Chakras

The Seven Chakras of Asset Management

O'Hanlon's Seven Chakras of Asset ManagementO'Hanlon's Seven Chakras of Asset ManagementTerrence O'Hanlon

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Terrence O'Hanlon

Terrence O’Hanlon, CMRP, and CEO of® and Publisher for Uptime® Magazine, is an asset management leader, specializing in reliability and operational excellence. He is a popular keynote presenter and is the coauthor of the book, 10 Rights of Asset Management: Achieve Reliability, Asset Performance and Operational Excellence.

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