Physical Asset Management for the Executive

. He is a past chair of the Chicago Section IEEE, past vice chair of the Connecticut Section IEEE, and has had numerous other elected and appointed positions within IEEE as well as membership in the Vibration Institute, Society of Maintenance and Reliability Professionals, International Maintenance Institute, and MENSA. He is well published in trade magazines and is frequently invited to speak at industrial reliability events. He is a Certified Maintenance and Reliability Professional, NAVAIR and NAVSEA RCM sp

Who Me? said Great information and entertaining at the same time. This book provided ideas and concepts that were easy to understand and implement. It is a book that you must read. It will help iron out the sometimes stressful communication between the executive and the people who implement the realiability solutions in the plant, shop floor, building or whatever your situation. Dr. Penrose also uses real situations (which he makes very entertaining) to sho. Don't waste your time!!! Was hoping for a text that would provide executive management a concise explanation of asset reliability, it's value to an organization, and their role in leading improvement. This book is just a patch work quilt of blah blah that could have been compiled from any of a thousand texts. Here's the recipe. Start with a generous portion of the tired old airlines stories and other disaster case st

Of the $12.5 trillion GDP for the USA, an additional 20% was lost due to poor or improper physical asset investment while over 60% of businesses rely upon maintaining equipment reactively. Determine where you stand by asking yourself this one question: The next time you get on that elevator or airplane, what if they are maintaining it the same way you maintain your facilities and production equipment; would you want to ride?. Census Bureau, an 1979 maintenance study performed by MIT and recent reliability and maintenance studies, the size of the asset maintenance industry in the USA was $1.2 trillion in 2005, in which $750 billion was the direct cost of poor physical asset maintenance and management. Penrose discusses the strategies that must be applied to your business to take advantage of this last frontier in business improvement. Proper management of physical assets remains as the single largest business improvement opportunity in the 21st Century. Dr. Based upon the U.S

He is a Certified Maintenance and Reliability Professional, NAVAIR and NAVSEA RCM specialist as well as numerous other industry certifications. He is well published in trade magazines and is frequently invited to speak at industrial reliability events. Dr. Howard Penrose is the president of Success by Design, a reliability and maintenance services consultant and publisher who's clients include General Motors, US Steel, Monsanto, and numerous businesses, large and small, worldwide. . Pen