Asset Management can be explained as a systematic process of planning, operating, maintaining, upgrading and replacing assets cost-effectively with minimum risk and at the expected levels of service over the assets' life cycle.

One sector where effective asset management can make a huge difference is public transportation, with organisations having to keep track of an exhaustive list of costly vehicles and infrastructure.

Long time listeners may recall a previous episode where we interviewed the train operator, Greater Anglia, after they successfully achieved ISO 55001, the best practice standard for asset management.

Now 3 years on, they've been recently recertified and have learned a lot since their initial certification.

In this episode, Andrew Barnes, Head of Asset Management at Greater Anglia, joins Ian Battersby to discuss how they currently manage their ISO 55001 certification, what they've learned in the past 3 years since certification and the benefits of effective asset management.  

You'll learn

·      Who is Andrew Barnes?

·      Who are Greater Anglia?

·      How do Greater Anglia manage their ISO 55001 certification?

·      What lessons have been learned since their initial certification?

·      What are the main benefits of ISO 55001?

·      Andrew's top tip for ISO Implementation

 

 

Resources

·      Isologyhub

·      Greater Anglia

·      ISO Support Plan

 

In this episode, we talk about:

[02:05 ] Episode Summary – Ian Battersby is joined by Andrew Barnes, Head of Asset Management at Greater Anglia, to discuss their experience with being certified to ISO 55001 for the past 3 years, explaining the lessons learned and benefits gained.   

[03:25 ] Who is Andrew Barnes? Andy is currently the Head of Asset Management at Greater Anglia. A fun fact that not many people know about him is that he was part of the Lord Mayor's Show in the 80's, though he had a bit of a wardrobe malfunction that ended with him getting a stern talking to!

Andy has been working in the railways since 1985, starting as an apprentice with British Rail.

[05:15 ] Who are Greater Anglia? Greater Anglia are a train operator who took over from National Express, East Anglia back in 2012.

They serve the Anglia region from Liverpool Street Station, and are unusual among railway companies in that they are under a full repairing and insuring lease. This differs from most who have station access conditions, where the responsibility for maintenance and repair is split between Network Rail and the train operator.

They currently operate 134 stations, with 2 more under construction which are Burley Park (due to open in October 2025) and Cambridge