TWPL Asset Management Academy has developed The Asset Management Challenge – a proven and highly realistic, very intensive role-play game to test and teach the mix of skills needed to manage complex critical assets. This is a free-standing training tool which offers individuals or teams the chance to test their knowledge and skills against the best. Available for in-house management training (competing multi-disciplined teams), open/individual participation and inter-company competitions.
How it works
The Asset Management Challenge is a 2-day highly intensive role-play game, designed to ‘bring all the asset management concepts together’ in a realistic, multi-dimensional scenario. Teams of 4-5 are provided with pre-reading materials and a detailed briefing on the evening before the Challenge. These materials introduce specific organisational roles for the team members, along with context, goals, current performance and a range of real and perceived risks and opportunities for the asset management scenario. Further information is revealed at different stages and other data can be purchased at the teams’ discretion.
As the game progresses, the decisions made reflect outcomes including business performance and a variety of stakeholder impacts. Each team is scored on a combination of the hard numbers underpinning their proposals, and the credible, understandable explanation of these to a board of directors.
How and why
This is a powerful way of building effective asset management teams. It can be run as an in-house exercise with competing teams facilitated by our expert tutors. Or you can join one of our public training opportunities, where you can sign up either as a pre-formed team, or as an individual to share the Challenge with others from a wide range of industries, backgrounds and experience.
Whichever format you will find the game provides new insights, new friends and greater confidence to face the real-world mix of competing priorities, technical and other risks, constrained resources, human factors and cross-disciplinary collaboration. The game is a challenging, addictive and a highly effective learning method.
TWPL Asset Management Academy has is an unrivalled world-wide source of education and training in asset management. Services include the structured assessment of existing strengths and skills ‘gaps’.
We help organisations to build and deliver development programmes, using the best combination of modern learning methods (including online learning, coaching, workplace assignments and formal qualifications).
All tutors have at least 20 years’ first-hand industrial asset management experience and provide a unique pool of practical expertise and guidance during the challenge.
Please contact Luc Juffkins t: + 44 (0) 1635 298800 | e: firstname.lastname@example.org.