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Leadership
Leadership is one of the four core principles of asset management and one of the 39 subjects areas (facets) of AM as identified by the IAM and GFMAM.

The core principles of leadership are:
  • Vision - Setting direction for the organization
  • Policy - Establishing principles and criteria for making decisions
  • Commitment - Providing resources to get things done.
  • Roles, responsibilities and authorities - 
The four core principles of asset management are the foundation of ISO 55001 (ISO 55000)
Fig. 39 subject areas in the asset management body of knowledge and 7 chapters in ISO 55001. All of which rests on 4 core principles.


Top management establishes the structure of the organization
Fig. Top management establishes the structure of the organization.


The four core principles of ISO 55000 (value, alignment, leadership and assurance) in action
Fig. The four core principles of ISO 55000 (value, alignment, leadership and assurance) in action.



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  • Management


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