Blog Post

Is Big Data Truly Capable of “Disrupting” the Way We Practice Asset Management?

Chidi Umeano, Principal Consultant at Codub Consulting Ltd, says that with more focus on Predictive Maintenance strategies, which is a key aspect of Asset Management, Big Data has a major role to play.
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Attracting Investment into the Private Sector in Nigeria

Nigeria is regarded as one of the main economic powerhouses of Africa and there are lot of interests by global investors. read more

Accenture’s insight on Next-Generation Asset Management

Asset Management Accenture, one of the largest management consulting firms in the world, reports that to develop an enterprise view of analytics, an organisation must do more than integrate data, combine analysis or build a corporate IT platform. It must eradicate all of the limited, piecemeal perspectives harboured by managers with their own agendas, needs and fears—and replace them with a single, holistic view of the organisation.

Codub Monitors Ebola Virus

 Update August 11, 2014: Codub continues to monitor the Ebola outbreak that is affecting parts of Western Africa. Countries with confirmed cases include Guinea, Liberia, Nigeria and Sierra Leone.  Community spread of the virus has not been reported in Nigeria. For more information on the Ebola outbreak, please visit International SOS at this link. read more

How can you get Senior Leadership to support Asset Management?

The real cash benefit has to be communicated clearly to senior management, says one of the Principal Consultants at Codub. read more

Asset Management vs. Maintenance

Asset Management can be defined as the systematic and co-ordinated activities and practices through which an organisation optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organisational strategic plan. It could also be described as the combination of management, financial, economic, engineering, legal and other practices applied to physical assets with the objective of providing the required level of service in the most cost effective manner.

Maintenance Culture is a popular phrase in developing economies; the lack or absence of it is normally referenced in speeches at conferences, seminars, workshops, debates, etc. Equally whenever there is an accident (car or plane), lack of maintenance is usually sited as the underlying problem whether it is poorly maintained road or unmaintained vehicles.

As David McKeown, CEO of the Institute of Asset Management (IAM), UK says: “The starting point is to understand that asset management is not a part of maintenance – maintenance is a (key) part of the whole life of an asset. Unless businesses understand that, they will never get the real benefits that strategic asset management offers…”

Asset Management is an emerging multidisciplinary profession of which maintenance and facilities management are key parts. Part of this was addressed at the recently concluded Asset Summit 2014

Asset Management – Celebrating the beauty of womanhood

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Now you see her

Black, rich and defiant

Standing firm amidst the elements

Sucking deep into nothingness

Refining fossils from refuse

Producing feasts from debris

Daring every tribulation

Defying time

Excerpts from PETALS OF STEEL: Praises to the Baobab- The Tree of Life

Uloma Umeano (January 2014)

 

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