IT asset management is the process of accounting for the location and condition of all business assets. The goal is to optimize asset use, so that all asset lifecycles are as long as possible and the ...
Industries that are traditionally asset-heavy, such as utilities, have an extra challenge facing them: performing successful asset performance management on an ongoing basis to ensure those assets are ...
An asset management program ensures a company's assets are used in the most efficient manner, enhancing its profitability. Although widely practiced by large corporations, universities and government ...
CIO Canada — Ninety-nine percent of companies that her organization comes across don’t have a proper asset management process in place, according to Elisabeth Vanderveldt, vice president of business ...
When beginning an asset management process, go slowly and deliberately with the understanding that it is a process rather than an event. Ensure, by free trial runs if possible or in-depth research or ...
For high net worth individuals and family offices, understanding the value of real estate assets can be difficult. With a diversified, multi-asset portfolio, creating a strategy and navigating the ...
In their recent 2023 North American asset management report, “Everything everywhere all at once,” McKinsey provides some frank assessments of the industry while also highlighting structural ...
Asset management is a pivotal process for any organization. Yet, in its present state, the asset management industry itself is rife with issues such as forgery, multiple versions of the same document, ...
Key performance indicators (KPI) are a valuable tool for any business looking to ensure that efficiency is being prioritized at the company. They allow you to effectively measure the success of ...
Katharine Beer is a writer, editor, and archivist based in New York. She has a broad range of experience in research and writing, having covered subjects as diverse as the history of New York City's ...
The organizing function of management involves the designation of departments and staff for specific functional roles and assigning the roles of supervisory personnel in each department. Physical ...