(PRWEB) November 27, 2005
The Maintenance Scorecard was adapted from the original balanced scorecard for asset-centric industries such as electricity generation and distribution, water treatment, oil and gas, mining, rail, and heavy manufacturing.
Since its initial publication it has received critical acclaim from a range of industry insiders and observers as "an important work in the field of asset management".
The maintenance Scorecard, MSC, is a structured method for using performance management systems to drive strategic plans through asset intensive organizations. Through a unique approach to performance measurement this book takes readers through a step-by-step approach to developing and implementing the MSC in their organizations.
Asset management is one of the emerging areas of competitive advantages in asset-centric industries. Particularly when managed via sophisticated methods designed to extract even further economic value from the asset base.
Andrew K S Jardine, PhD, Professor, University of Toronto states
“…as the first book focusing on the BSC in the context of maintenance , termed by Mather the MSC, it will be a welcome addition to the arsenal of literature available to ensure superior maintenance performance ..”
While industry practitioners such as Garry Edwardson, Head of Integrated Performance Management, United Utilities states:
"An informative and thought provoking read for any manager serious about Asset Management."
As organizations find that there are fewer opportunities for cost reduction through traditional methods of rationalization, they will increasingly seek out additional means of adding value for shareholders.
The methodology within this book is providing companies with a sophisticated means of extracting further value from physical assets, as well as developing the area as a center for management of corporate risk.