Asset Management Executive Decisions - 1st Tier Decision

Two Part Series on Decisions Executives Need to Make About Their Organization's Approach to Asset Management

An organization’s approach to asset management is a deliberate executive decision, as is the way it manages its assets. These decisions can be explicit, implicit, or overlooked, each carrying distinct benefits and consequences. The figure below illustrates the relationship between these two executive decisions, represented in the 1st and 2nd Tier Executive Decision white diamond boxes.