Continuing the conversation

Managing Assets is Managing Culture

It was a pleasure to reach out to so many of you in an exploration on how to make culture your most powerful strategy to Managing Assets. Here are some additional resources that I hope you can put to good use, both your in your personal life and professional life.

1-Don't just talk about change

Listing values and behaviours may create awareness, but it does not help people change.   Behaviours are outputs, so it is key to change the inputs, which are our Beliefs and there are specific tools to do this (ie. Thinking Traps). 

Here is a little visual and audio reminder of the concept: 

So, favour conversations that inform beliefs and avoid too much talk about how people should behave.  Try to understand what their thoughts are around those behaviours and help develop the right Beliefs, which will help people do what's important.

2-Create a shared purpose

We all need to have a sense of purpose to engage with what we do.  Making profit your purpose is never enough.  A strong purpose will focus us on what we can give (rather on what we get).   A culture based on a 'giving' purpose is more sustainable, motivating and able to drive people together.

By the way, check this light-hearted insight on what truly motivates us from a genius on motivation science Dan Pink:

3-Use courage, not time

Aligning Beliefs, Intentions, Promises and Actions can take some courage, but it is the key to drive change in a particular direction.

Avoid relaying in the hope that time will eventually give you the culture you need.   It will take concrete alignment action for the culture to shift, and it will happen very quickly!

The success of asset management projects often depends on whether people adapt their behaviour fast enough