Jack M. Shearman
CEO, UMS Group

The goal of an effective asset management organization is to optimize the financial and operational performance of the physical assets. Achieving this goal goes well beyond making sound technical and economic decisions. It requires maximizing infrastructure efficiency; viewing all operating and capital expenditures as investments to be optimized; applying the skills and systems to ensure excellent planning, analysis and risk management; and utilizing highly effective decision support tools with timely and comprehensive asset and operational data. The value of achieving this goal provides an unparallel basis for credible communication with customers, regulators and shareholders. Shearman will discuss the changes in processes, policies, methods, technology and mindset needed to pursue an asset management philosophy for running a utility.

Jack Shearman is a scheduled speaker at the Real World in Power Delivery conference. For additional information about conference, visit the Real World Conference Web site.