ALN Newsletter 7 September 2021

Welcome to a very exciting Fall 2021 for the Asset Leadership Network!

Sept 13 – ALN A55K Professional Certification training by Andrew James Advisory Group begins.

Sept 15 – ALN and the Australian Asset Management Council launch an asset management success stories web series.

Sept 28 – ALN, Government Financial Officers Association, and other organizations co-host a web program on Urban Wealth Funds.

Sept 28 – ABS Group presents our co-published White Paper “Adopting the ISO 55000 Asset Management Framework for the Power Industry”

Oct 11 is the start of the 2021 ALN restructuring America – Building on Success Conference, which has wealth co-hosted web programs . . . and if the pandemic calms down, in-person programs at the U.S. Department of State on Nov. 10.

See more details in Upcoming Events far below.

This week’s ALN Th@4 pm ET on September 2 will include a discussion between Mark West, ABS Group, Senior Director of Reliability Services and ALN Director, Communications, Mike Bordenaro. As always, see more in People and register at this link.

Data-Driven Solutions
for Risk and Reliability



Mark West, ABS Group Senior Director of Reliability Services, first served 8 years in the U.S Navy involved in nuclear power plants and nuclear power training. Since then, he has served in a several key reliability and maintenance positions developing processes and controls for dramatically improving productivity and profitability. At ABS Group, he is the key author of two White Papers co-published with the Asset Leadership Network. Mr. West will be sharing his lessons learned from an extensive career in asset management and how the White Papers are intended to impact the Power and Water Treatment Industries.
Join the conversation here.


Management System Implementation:

A Step-by-Step Approach from ISO

All organizations are challenged by the to constantly improve or become irrelevant to their stakeholders. Implementing a management system process to assist growth is not easy. However, ISO has published a management system guide for small and medium enterprises that is also useful for large organizations. There is a 4-step guide written by Dick Hortensius, Senior Standardization Consultant, Netherlands Standardization Institute (NEN). Mr. Hortensius lists the key factors for successful implementation of at management system standard – such as ISO 55000.


Six Capitals – Or is it Seven

Mary Adams, President of Smarter Companies, and last week’s guest on ALN Th@ 4 wrote an informative article on multi-capital understanding of organizational valuation. Here is the first paragraph. “Our economies continue to change at an incredible rate. The industrial era is being pushed aside none too soon. Our societies and our planet cannot afford business models that maximize short-term profits at the expense of communities, the environment and even the long-term interest of the companies themselves. The good news is that information technology provides us the tools to re-make businesses to drive innovation and solve problems in new and more effective ways. Success today demands holistic management of tangible, natural and intangible digital and knowledge assets.” See Ms. Adams’ ALN Th@4 program and highlights at this link.

ABS Group provides data-driven risk and reliability solutions and technical services that help our clients confirm the safety, integrity, quality and environmental efficiency of their critical assets and operations.

Upcoming Events


Thursdays at 4 pm EasternRegister Here

September 9

Mark West, ABS Group, Senior Director, Reliability Services

September 23

Jesse Rothkopf, LCE, Managing Principal

ALN A55K Professional Certification Course
September 13-24

The Andrew James Advisory Group will provide a web-based training course that focuses on the principles of the first three ISO 55K standards and how they are applied in practical ways. Register at this link:

Value and Benefits from Asset Management
September 16 at 6 pm EDT

The ALN and Australia’s Asset Management Council are co-hosting a case study from University Health, presented by ALN Senior Fellow Art Kurland, and a case study from Australian refinery AMPOL. University Health is the first hospital to be ISO 55001 certified. Register at this link.

Former Maryland Governor Martin O’Malley
and the Government Financial Officers Association
September 28, 2021 at 2 pm Eastern

The program will discuss how Urban Wealth Funds collect commercial assets under unified, professional management for the betterment of the local community. Better management of these assets reduces reliance on taxes for infrastructure investment while generating revenue to support other  requirements. Email for more information.

Adopting the ISO 55000 Asset Management Framework
Power Industry: Risk and Reliability
September 28, 2021 at 4 pm Eastern

ABS Group and ALN co-published a White Paper that provides an overview of ISO 55000, how it is useful to Power Industry executives, and real-world examples of how it is beneficial. Mark West, ABS Group, Senior Director, Reliability Services will facilitate a discussion on applications of ISO 55000 in the Power Industry. Panelists will be announced as they are confirmed. Register for the web-event here.

ALN Patron Member ONUMA, Inc. is involved in two upcoming events, some of which include its client, the U.S. Department of State:

September 27-29

National Institute of Building Sciences

November 3-5

Community College Facilities Association
ONUMA System, BIMgenie, FUSION, Dabblefox