We often hear our organizations referring to their workforce as their greatest ‘asset’. But are they really?
Let’s first define ‘asset’ from a financial perspective:
“In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset)”
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Imagine (or maybe you don’t have to) that you take out your brand new Easy-Laser system, and proceed to perform a shaft alignment. However, it seems that no matter what you do, you can’t get a great alignment. What is going on? The foundation looks good, new shims were used, the asset is clean, and there is no pipe strain. After some discussion with others, they mention a term in which you are unfamiliar with, soft foot.
As an Enterprise Maintenance Planner, you manage the backlog, provide a maintenance schedule, liaise with Maintenance and Operations, maintain excellent knowledge of the facility and its equipment, and find ways to optimize productivity. Phew! That’s no small to-do list.
