Asset Management as an Enabler for the Circular Economy

September 20, 2023 from 12- 12:45 PM ET - Online Webinar Register Here

This webinar will provide an introduction to what the circular economy is, what asset management can do to enable the circular economy and how to think about value streams and the deployment of systems theory to create additional value from assets.

We will be joined by Carl Waring who was the lead author of an IAM whitepaper on this topic. Bring your questions as there will be time following the presentation for Q&A with Carl.

Asset Management as an Enabler for the Circular Economy

The IAM has been busy developing its capability so its principles and practices can be adapted and applied to work effectively in the future Circular Economy. The future competitive economic horizon will be about how much regenerative impact organisations can create, going beyond profit.

The IAM published its first white paper on the Circular Economy back in November 2022 and supported a follow-on applied research paper sponsored by the Engineering and Physical Sciences Research Council (EPSRC) and Frazer-Nash Consultancy in the UK which looks at developing circular economy principles and practices across the UK Rail Sector. This second paper deploys asset management concepts and principles to create circular economic value and deploys systems theory to create a wide range of additional value streams.

This an introductory talk about what the circular economy is, what asset management can do to enable the circular economy and how to think about value streams and the deployment of systems theory to create additional value from assets.