Last week, our colleague Matthias Wessels moderated a session on practical implementation hurdles at the Deutsche Asset Management Annual Conference organized by the Institute of Asset Management. Once again, the conference offered exciting insights and intense exchanges on the challenges and solutions in asset management within the energy sector.
A special thanks to our host, N-ERGIE Netz GmbH, whom we are proud to support in their transformation program, “Fit for the Energy Transition.” This program reflects a key question raised by many participants:
- How can grid operators make optimal and robust investment decisions during the energy transition?
- What structures and systems are needed to support this?
The results and solutions from Matthias’ session were as diverse as they were practical:
Challenges:
- Complexity of systems and processes
- Change management
- Translating theory into practice
- Demonstrating the benefits of an AM system early on
Solution Approaches:
- Step by Step: Achieve early concrete successes and build on them for continuous improvement.
- Active Change Management: Address critical feedback to ensure widely accepted outcomes.
- Transparency and Traceability: Establish clear communication and a solid data foundation.
- External Expertise: Leverage insights for a clear vision, implementation experience, and neutral moderation.
Additionally, the conference delved into other exciting topics, ranging from integrated risk management and AI in asset management to sustainable supply chains and company values as the basis for decision-making.
The conference highlighted an important takeaway: Asset management in accordance with ISO 55000 and beyond is more than just a standard. It is a strategic tool that helps grid operators proactively tackle the challenges of the energy transition. E-Bridge serves as the bridge between theoretical standards and practical implementation.
Do you have questions about these topics or need support with your transformation program? We look forward to connecting with you!
