Welcome to the home page for the Waves of Asset Management.

In 2018, Penny Burns and Jeff Roorda suggested there were phases, even revolutions in the development of Asset Management since its beginnings in mid 1980s Australia. https://talkinginfrastructure.com/2018/05/24/the-third-asset-management-revolution/
Penny renamed these Waves, each building on the last, where the Asset Inventory focus of Wave 1 was joined by the more Strategic Asset Management Wave 2. https://talkinginfrastructure.com/2020/06/15/not-a-revolution/
She also called for a further Wave 3, Infrastructure Decision Making, looking up and out from our organisations, not just down and in.

This is our subwiki for more on Wave 2 – how to do strategic Asset Management successfully – and Wave 3. It includes

• Listen to three discussions on the Waves between Penny, Ruth Wallsgrove and Lou Cripps https://talkinginfrastructure.com/2020/07/
• An article on why we need to move beyond Wave 2 here https://talkinginfrastructure.com/why-we-need-another-wave-or-two/
• Link to Building an Asset Management Team by Lou Cripps and Ruth Wallsgrove https://talkinginfrastructure.com/publications/, or access selected topics on our subwiki Building an Asset Management Team
• From a work in progress aimed at decision makers – CEOs, council members, boards – key topics on better infrastructure decisions Stewards of the 21st Century

For what we need to look towards beyond this, see our subwiki, Assets Fit for the Future

For more on the history of Asset Management, see the AM Story wiki, The Asset Management Story, and the publication in parts of Penny’s major The Story of Asset Management starting with Volume 1, 1984-93 https://talkinginfrastructure.com/wp-content/uploads/2021/07/AM-as-a-Quest-Part-One.pdf

We are also collecting together useful resources on Wave 2 for Asset Management practitioners: Wave 2, Strategic Asset Management resources Wave2 Strategic Asset Management

And for developments in Wave 3,Infrastructure Decision Making, Wave 3 Infrastructure Decision Making