Developing Organization Resilience through Asset Management to Respond to COVID-19

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28 May 2020

Developing Organization Resilience through Asset Management to Respond to COVID-19

Developing Organization Resilience through Asset Management to Respond to COVID-19 By Dr Christian Roberts, FIAM

The world was not prepared for the COVID-19 pandemic. Infrastructure (transportation, utilities, government, education and healthcare facilities) have had to rapidly move to new ways of management and delivery of essential functions to continue to provide critical services.

Natural disasters impact assets, recovery is restoring asset capabilities. Pandemics impact the organizations asset management capabilities – its people. Recovery is restoring management control and organizational capability.

In many instances, existing Continuity of Operations Plans (COOPs or Business Continuity Plans) have failed to provide the direction and guidance necessary to respond to the pandemic. The reason? Most critical infrastructure COOPs focus on response, recovery and restoring service following natural disasters. In the case of natural disasters, the predominant impact is on the organization’s assets. Floods, fire, earthquakes and terrorism typically impact an organizations ability to continue to provide services due to fleet, facilities, infrastructure or systems being disabled.

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