Steve Doran is the Director of Infrastream, a firm established in 2008 that specialises in supporting clients for better asset management outcomes.
Steve is also the Chair of the Asset Management Council’s Sydney Chapter. He holds separate globally recognised certifications as an ISO 55001 Asset Management Assessor and as an organisational coach with the Institute of Executive Coaching and Leadership.
Steve developed a strong passion for innovation as an Engineer and Manager in over 20 years with Sydney Water in positions such as, Asset Management Process Improvement Leader, and Maintenance Analysis & Innovation Manager, and as a Consultant in the United Kingdom for Halcrow’s Management Sciences division.
In asset management, innovation has now moved from being desirable to necessary for meeting increasing stakeholders’ performance expectations amid tightening cost and risk constraints. Its benefits are well accepted, but now the risks of not keeping pace with a swift changing technological and socio-economic context hold a potentially heavy impact for organisations that have responsibility for key assets.
Leaders of asset management groups and organisations are depended on to make this innovation happen successfully. So, how can you as an asset management leader be equipped and equip your people to do this effectively?
This presentation will share lessons learned and approaches for successfully leading innovation in asset management through such sub-topics as:
- Defining “innovation” powerfully
- Why innovation in asset management is so vital now
- Case Study 1: A utility takes a different approach to risk monitoring
- New capabilities for asset management innovation: emerging and here
- Innovation & ISO 55000: Friends or Foes?
- Unique challenges to innovating in asset management and how to manage them
- Case Study 2: Remarkable savings identified for a large public development
- Ten principles for innovative thinking
- A six stage roadmap for leading an innovation
- Foundational and people/process/tool success factors
- Eight ways to empower your people to innovate