Operationally-based Asset Management:
The term “Asset Management” is usually understood to mean the use of sophisticated portfolio management techniques for financial assets (and the businesses represented by them).
System Change extends its analysis to a broader range of corporate assets that are intangible and tangible in nature, and as such, may be only partially or not at all included on a corporate Balance Sheet.
In our expanded profiling of corporate assets, any firm’s total asset based thus encompasses:
- Intangible assets, such as critical talent, relationships, intellectual property, process technologies, data elements, product designs and many other intangibles
- Tangible assets, such as facilities, equipment, IT infrastructure, programs and services
- Financial assets, such as cash and receivables
By identifying, recategorizing and valuing the key assets for the business, executives obtain a new perspective on the operating potential of their firm expressed in terms of asset-utilization. Our systemic methods and models can span across normal organizational boundaries and silos, while reaching out to customers, partners and the relevant manufacturing and services supply chains.
Comprehensive or Highly Focused Asset Management Solutions:
Comprehensive or highly focused asset management solutions eliminate the gaps created by standard operating practices and conventional financial reporting systems and controls.
If key equipment and software impacts the business, they can be better managed as an asset across extended lifecycles. The same principles also apply to intellectual property and customer relationships and those with employees. All of these intangible and tangible assets can be analyzed and modeled in common ways to provide new leverage for improving operating and financial performance.
System Change has experience in developing and implementing asset management solutions covering:
- Equipment asset-tracking and management
- Intellectual property asset management
- Remote asset-monitoring and management
- Human asset management, covering health care and other services
Based on this knowledge and experience, our methodology for comprehensive asset management employs operationally-based models, frameworks and checklists that classify and resort corporate assets and related processes into a simplified set of critical information and new relationships. This enables executives to improve their operational management both within their firm and with customers and across the supply chain.
What executives see in our reports and analyses, possibly for the first time, is this:
| Intangible assets | Expanded asset classes | New global processes | ||
| Tangible assets | X | New asset groupings | X | New lifecycle processes |
| Financial assets | New asset visibility | New process visibility |
By implementing either comprehensive or highly focused asset management solutions, executives obtain new ways to expand growth and business valuation without compromising or degrading their asset base.