The Institute of Asset Management (IAM) has been around for 20 years in the UK and its membership base has grown significantly internationally—as has the number of Canadian participants.
However, Canada is home to industries that are underrepresented at the global and UK level such as oil & gas, mining, and forestry. As well, the vast geography of the country poses challenges in terms of remoteness and infrastructure needs that are unique.
Thus, in January 2015, the Canadian Chapter of the Institute of Asset Management was born! IAM Canada’s mission is to provide asset management practitioners with opportunities to learn, share and connect with their industry peers and benefit from cross-sector pollination. When I heard about it, I wanted to get involved—for a couple of reasons:
One, the level of knowledge and thinking within the IAM is high. The topics are diverse because members come from a variety of industry sectors. Being able to pool the questions we all have, and share knowledge, exposes new perspectives and new thinking. And I want to be a part of that.
Second, I think it’s important to raise the profile of Asset Management as a profession, to attract a younger generation of people to this field that will only continue to grow in importance in future years. The IAM brings credibility, an excellent track record, and a level of professionalism that I believe is important to advance the Asset Management discipline. We’ve reached a level of maturity where it’s time to invest time and effort to bring more structure and coordination to this field.
The Canadian chapter is brand new, so it’s the perfect time to get involved. I’m on the Technical Committee responsible for Knowledge Management, and Copperleaf CMO Boudewijn Neijens serves as Vice Chair of the Canadian Chapter. Feel free to reach out to either of us to learn more. A number of meetings are taking place in various cities across Canada this fall:
- Calgary: November 25
- Toronto: November 30
- Vancouver: December 2
- Windsor: December 3
I would also like to point you to the following IAM resources:
- The IAM has created a set of posters and videos called “The Big Picture: The Journey of Asset Management” that are definitely worth checking out (a small snippet of the poster is shown above). As its name suggests, it tells the big picture of the many challenges, silos, cultural and technical barriers—but also the benefits that can be achieved—on the journey to effective asset management. I encourage you to use it as a tool to get conversations started about Asset Management in your organization.
- Another valuable resource is An Anatomy of Asset Management. Version 2 was just recently released to align the terminology with the new ISO 55000 standard.
For more information on the IAM Canada, visit http://canada.theiam.org/.
Marie-Claude, P.Eng is Chief of Planning and Asset Management at Hydro-Québec TransÉnergie where she is responsible for developing long-term asset management strategies and managing the 10 year investment plan for the company’s extensive transmission division. Connect with Marie-Claude on LinkedIn or contact her directly via email.
About the AuthorFollow on Linkedin More Content by Copperleaf Marketing