Home        About       Services        Blog        Newsletter        Contact
1



Environmental Context
One of the facets in the context of the organization.

Every organization must navigate its unique context, which will vary depending on several factors, including:
  • The type of organization (eg. services and/or products)
  • The sector in which the organization operates (eg. MUSH sector, industrial, residential, etc)
  • The geographical location in which the organization is situated



Purpose
An understanding of the environmental context is necessary for the organization to determine value and establish appropriate:



Elements of the Financial Context

       External Economic Factors


      Internal Economic Factors




Stakeholders in the Technological Context




Examples of "Knots" in the Technological Context
Listed below are some examples of problems in the financial context of an organization:


Process and Analysis of the Technological Context
An understanding of the technological context of an organization is derived from:
A PESTLE analysis can sometimes be supplemented with a SWOT Analysis. The following table provides an example of a correlation of the organization’s strengths, weaknesses, opportunities and threats.



Tools for the Technological Context
Listed below are some of the tools to assist the asset management team with the management of the technological context:
  • CMMS
  • EAMS
Every organization is influenced by a multi-faceted context. These facets should be recognized as landmarks that will orient the organization ast it navigates a path along the asset management journey
Fig.  Every organization is influenced by a multi-faceted context. These facets should be recognized as landmarks that will orient the organization ast it navigates a path along the asset management journey.


1
Fig. Organizational "knots" (problems) require patience and finesse to untangle them -- or they will get even tighter.  Do you know how to untangle the knots in your organization?


The various sectors of industry and real estate that are contemplating ISO 55001 conformity
Fig. All sectors of the economy present varied contexts in which organizations operate. The primary sector (extraction), secondary sector (production), tertiary sector (service-based) and the quaternary sector (knowledge-based).

Read article:
See also:
  • Software
  • Hardware
Compare with:


(c) Copyright Asset Insights, 2000-2013, All Rights Reserved - "Insight, foresight and oversight of assets" Google