Physical Asset Management for the Executive: Don't Read This If You Are On an Airplane Review

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Physical Asset Management for the Executive: Don't Read This If You Are On an Airplane ReviewThis book provided ideas and concepts that were easy to understand and implement. It is a book that you must read. It will help iron out the sometimes stressful communication between the executive and the people who implement the realiability solutions in the plant, shop floor, building or whatever your situation. Dr. Penrose also uses real situations (which he makes very entertaining) to show you how to apply and find solutions for you. This is a great price!
I also just recently purchased Dr. Penrose's other book which I consider the "Bible" of Electric Motor Diagnostics! Electrical Motor Diagnostics, 2nd Edition is OUTSTANDING and written for all levels of the business to understand. Check it out!
I usually don't leave any reviews, but I really want people to know how much I enjoyed these books.Physical Asset Management for the Executive: Don't Read This If You Are On an Airplane OverviewProper management of physical assets remains as the single largest business improvement opportunity in the 21st Century. Based upon the U.S. 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?

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