Physical Asset Management for the Executive



List Price $14.95

Smythe Sewn Printed Case| 128 pages             ISBN: 978-0-9712450-6-8

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Proper management of physical assets remains as  the single largest business improvement opportunity in the 21st Century. Based  upon the US Census Bureau, an 1979 maintenance study performed by MIT and  recent reliability and maintenance studies, the size of the asset maintenance  industry in the USA was $1.2 Trillion in 2005 in which $750 Billion was the  direct cost of poor physical asset maintenance and management. Of the $12.5  Trillion GDP for the USA, an additional 20% was lost due to poor or improper physical  asset investment while over 60% of businesses rely upon maintaining equipment  reactively. Dr. Penrose discusses the strategies that must be applied to your  business to take advantage of this last frontier in business improvement.  Determine where you stand by asking yourself this one question: The next time  you get on that elevator or airplane, what if they are maintaining it the same  way you maintain your facilities and production equipment; would you want to  ride?

2008 Axiom Business Book of the Year


About the Author

Dr Penrose is the President of SUCCESS by  DESIGN, a reliability and maintenance services consultant and publisher whose  clients include General Motors, US Steel, Monsanto and numerous businesses,  large and small, worldwide. He has 25 years in the reliability and maintenance  industry with experience from the shop floor to academia and manufacturing to military. Dr. Penrose was an adjunct professor of engineering at the University of Illinois at Chicago from 1997-1999 and a Senior Research Engineer at the UIC Energy Resources Center. He is a past Chair of the Chicago Section IEEE, past  Vice Chair of the Connecticut Section IEEE and has held numerous other elected and appointed positions within IEEE as well as membership in the Vibration Institute, Society of Maintenance and Reliability Professionals, International  Maintenance Institute and MENSA. He is well published in trade magazines and is  frequently invited to speak at industrial reliability events. He is a Certified  Maintenance and Reliability Professional, NAVAIR and NAVSEA RCM specialist as well as numerous other industry certifications.

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