3 Ways to Develop a Strategic Asset Management Plan - wikiHow


asset management business plan

Vista Investors investment consulting business plan executive summary. Vista Investors is a start-up investment management firm, whose hallmark investment product will be the Vista Total Market Equity strategy, which will initially be offered through a mutual fund. Pay attention to how different asset management companies and the men and women who distribute the products and services on its behalf, receive compensation. Many different business models exist in the asset management world and not all of them are equally beneficial to the client. An asset management plan (AMP) is a tactical plan for managing an organisation's infrastructure and other assets to deliver an agreed standard of service. Typically, an asset management plan will cover more than a single asset, taking a system approach - especially where a number of assets are co-dependent and are required to work together to deliver an agreed standard of service.

How Asset Management Companies Work

Documented information that specifies how organisational objectives are to be converted asset management business plan asset management objectives, the approach for developing asset management plans, and the role of the asset management system in supporting achievement of the asset management objectives [1]. The SAMP therefore has a pivotal role in the asset management document hierarchy as illustrated below:.

In this role, the content of the SAMP must be driven by the larger asset management planning process, asset management business plan. Without going into excessive detail, asset management business plan, an ISO compliant planning process is illustrated below:.

We see here how an iterative planning process will generate asset management objectives that are aligned with the organisational objectives, informed by demand information i. What, however, is an asset management objective? As can be seen from the examples, these objectives reflect the outcomes that asset management should produce rather than the methods for achieving them. As with any actions, good strategic initiatives will be adequately resourced with clear timelines, measures of success and accountabilities.

These high level initiatives may, asset management business plan, however, be delivered either as a project in their own right or by allocating appropriate levels of service and detailed objectives to subordinate plans as illustrated in the figure above. Possible initiatives matched to the objectives above might be: illustrative only — initiatives do not need to map directly to a single objective. When combined with the asset management objectives, the strategic initiatives provide asset management business plan required direction for lower level planning.

These are, however, the deliverables from the planning process and the SAMP is merely the method for documenting these. The quality of the planning process will determine whether the asset management objectives and strategic initiatives are appropriate, achievable and accomplished.

The quality of the SAMP will determine whether these objectives and initiatives can be communicated to the people who need to use them. This can be a challenge since most organisations have been undertaking strategic planning for a long time but only recently tried to introduce formal asset management planning.

The most common customers are:. Surprisingly, we find that the asset management business plan does not actually require very much of the SAMP at all. In fact, it only specifically requires inclusion of the asset management objectives [3] and documentation of the role of the asset management system in delivering the asset management objectives [4].

There are a few implied requirements such as clause 4. There are also a few other items that are required by ISO as documented information and are therefore candidates for inclusion in the SAMP: [6].

It is obvious from this limited guidance why confusion has arisen regarding the requirements around the SAMP. Taken all together, the ISO standards leave a great deal of latitude regarding the content and structure of this document.

In terms of content, we suggest starting with the following and then adapting it to your requirements:. For full descriptions and schedules click here. If you enjoyed this article, and want to receive notification of future articles that we publish, to see our course descriptions and schedule, click here. Related Articles. In dealings with our clients, I often find that there is considerable confusion regarding what should be contained in a Strategic Asset Management Can you use this data to optimise your business?

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Asset Management Plan - Wikipedia


asset management business plan


become the number one asset management company in Asia and become competitive with the largest global asset management companies. Decided to Integrate Group Asset Management Functions: Birth of a Leading Asset Management Company in Asia TOPICS Mizuho entered into a strategic capital and business alliance with Matthews Asia, which is. An asset management plan defines the activities that will be implemented and the resources that will be applied to meet the asset management objectives and consequently the organizational objectives. [i] An asset management plan provides the direction to and the expectations for and individual asset or for a portfolio, group or class of assets. Vista Investors investment consulting business plan executive summary. Vista Investors is a start-up investment management firm, whose hallmark investment product will be the Vista Total Market Equity strategy, which will initially be offered through a mutual fund.