The Problem with Maintenance 5.0 & How ISO 55000 Improves Asset Management
This summer, the International Organization for Standardization (ISO) released updates to the ISO 55000 series, a comprehensive set of standards for asset management. These updates provide essential guidance on value, organizational alignment, leadership, outcomes, and measurable improvements in asset management. A common misconception is that ISO standards are only for large corporations, specific industries, or compliance purposes. In reality, they offer a robust framework for integrating asset management with business objectives something "maintenance maturity" or "Maintenance 5.0" models often fail to achieve. Source: MDPI The Limitations of Maintenance Maturity Models Originally introduced by Winston Ledet in 1999, maintenance maturity models help organizations structure their maintenance improvement journey. These models outline steps to move beyond reactive maintenance and towards proactive, data-driven strategies. While this structured approach can yield s...