16 May How disruption impacts on how we think about and manage assets
Posted at 14:36 in Resilience by Francesca Parcell
In the second article revisiting our past commentary on Disruption in preparation for Utility Week Live, we’re taking a look at the ways disruption in all its forms impacts on how we think about and manage assets.
Where once utilities focused on complete protection as a way to address its challenges, we are now seeing more and more forward thinking companies getting comfortable with the uncertainty brought by new technologies, changing weather patterns, increasing compliance demands and aging assets.
Disruption can be harnessed as positive change and we see many organisations taking a different approach to managing their assets and estates by working from a position of resilience rather than protection.
The protection approach taken in times of certainty no longer works. We have access to more data and better technologies than ever before, and embracing the predictive and proactive approaches on offer can help companies know when things are changing, allowing them to prepare and return to Business As Usual as quickly as possible.
If you know something is likely to happen, you can prepare and respond quicker. If you have modelled all the scenarios, you can select technologies that solve the problem of uncertainty in new and innovative ways. If you expect a problem, you can have a solution ready on standby.
As we wrote in 2016:
“What we need to do is to return to being pragmatists, committed to an ongoing improvement process that is underpinned by the data gathered following every flood, power surge or unexpected political event.” Read the complete article here.
Disruption, by its very nature, requires a different framework of thinking to approach and solve problems. It’s as much about how you can maximize the disruption as it is about how you minimize the disruption. Every change is an opportunity, and requires us to look at design, processes, materials, implementation, and budgets in new and different ways.
If you’re ready to consider new ways of dealing with disruption to your Utility assets, come and have a chat with us at Utility Week Live. Our Asset Specialists will be on hand to discuss your challenges, and we’ll be showcasing practical solutions to improve the strength and resilience of your assets. From our live spray linings demonstrations and Sledgehammer Challenge to the latest flood mitigation and management innovations, including our new FloodMarshal flood management platform, we’ve got your asset challenges covered.
Visit us on Stand D24, at the NEC Birmingham on May 22nd and 23rd.