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Asset Management

An Asset Portfolio is a collection of assets. Asset Management is the organizational capability that manages the lifecycle of the portfolio, including: strategy, planning, organizing, acquiring, maintaining, upgrading and divesting. There are three principal asset management capabilities.

Core Asset Management Capabilities:

  • Human Capital Asset Management (HCAM®),
  • Technology Capital Asset Management (TCAM™)
  • Physical Capital Asset Management (PCAM™).

All assets in the enterprise are in the business of creating either Throughput or Assets. Therefore, there is no “overhead.” Assets derive their value from the organizational capability for which they were acquired. Therefore, the investment in assets has a value — and therefore an ROI.

Although this approach addresses the performance of all tangible and intangible organizational assets, human capital is the most misunderstood and “under-worked” asset — creating significant opportunities for productivity improvement in most organizations, industries and countries.

HCAM® is the management system that produces the right human capital to do the work required to execute the capability. This is a fully integrated approach to the performance management, rewards, culture and leadership, designed to optimize the ROI in human capital. This paradigm clarifies how to make investments in human capital that generate value in business terms. See IHRIM Journal article, “Managing Human Capital as a Real Business Asset.”

Definition of Core Assets:

  • Human Capital: The human capital of an organization is not people. People own their human capital and invest it in many different areas of their lives: family, community interests, hobbies, sports and work. Therefore, a company’s human capital asset is the sum of talent, energy, knowledge and enthusiasm that people invest in their work.
  • Physical Capital: The tangible things that we need to do our work and that include expenses: plants and equipment, facilities, desks, chairs, phones, computers, etc.
  • Technology Capital: Product and process technology (both intangible and tangible assets). Whereas product technology includes patent formulas, product designs, etc., process technology includes the “methods that delineate the steps in the process.”

To learn more about how ProOrbis applies the framework to real-world situations see our Consulting Approach.

 

The ProOrbis® Method

The foundation for all ProOrbis work is the break-through strategic Framework and analytic techniques that redefine management science.

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Analytics Applications

ProOrbis® Analytics Applications are deployed in a wide variety of tools designed to support more intelligent decision-making.

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