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RO Magazine recently held its first-ever Maintenance and Reliability in a Changed World Virtual Summit, which allowed maintenance, reliability, and operations professionals to learn techniques to optimize their day-to-day maintenance activities. The summit brought together professionals from across the MRO world, and a endees were very engaged throughout. Industry experts and sponsor representatives gave a series of presentations and discussions that le¨ a endees with a plethora of information to digest. Suzane Greeman from Greeman Asset Management Solutions Inc., led a session on Executive Leadership in Asset Management: What The C-Suite Needs to Know. She summarized her presentations as follows. “Many asset-dependent firms have assets that are important to national life, such as powerplants, water treatment plants,
September 2020
airports, railways, sea ports and manufacturers. Many of these are at significant risks. They have been weakened internally by aging assets, inappropriate business systems, and human factors. They have also been threatened externally by global socio-economic and geo-political factors. “Top management is ultimately responsible to the stakeholders for value creation, and therefore need to protect the organization from value erosion. This level of management is also the only level vested with the authority to build the culture, sustain it, enact policy, and make structural changes. This means that senior leadership have a special responsibility to build internal resilience to protect the organization from external threats. “Senior management also has specific responsibilities as it relates to the asset management system. They need to: provide clarity around the strategic direction of the organization; es-
WHEN OIL FREE AIR IS CRITICAL
Count on Sullair for reliable Air compressors
Sullair provides the food engineering industry with a broad range of air compressors — including reliable oil free options. We also offer air dryers, filters and other products to meet your specific air quality needs. Learn more at Sullair.com
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