Colleagues, members and partners,
As referenced in last month's newsletter the Knowledge Services Committee was a new committee introduced at the 2019 incoming Board meeting, currently being led by Board Director, Matt Smith (University of Tasmania). At the end of 2019 an EOI was sent to our associate membership seeking volunteers to form a working group to review our original Strategic Asset Management (SAM) Guidelines and ensure relevance and currency in our current world. There was a pleasing response to this with broad representation received from across our institutional membership base in Australia and New Zealand.
2020 threw a few curve balls and to say everyone faced obstacles within the sector would be an understatement, however the group remained focused and committed to the task at hand and it is with pleasure I am now able to share with you the new SAM Guidelines, aligned to International Standard application.
The SAM Guideline provides broad practical advice for the application of ISO 55000 strategic asset management strategies within the higher education sector to align an Institutions’ asset and property needs to achieve its strategic objectives and priorities. It explains the process of strategic asset management planning using a lifecycle approach, and also briefly discusses how this planning may be implemented and operationalised.
There are multiple versions of the Guideline available as follows:
- Full version: this 90 page document includes case studies from our member institutions to show real life application of strategic asset management
- Modified Version: As above minus case studies
- Quick Reference Guide: A condensed version of the extensive guide, however fully hyperlinked to allow easy navigation.
- Case Studies Only: All case studies within the document are available as a standalone resource.
On behalf of the board I would like to acknowledge and thank the following working group members, their time, commitment and expertise to aid the refresh of TEFMAs Strategic Asset Management Guidelines:
- Matt Smith, Chair (University of Tasmania)
- Amelia Anderberg (University of Technology, Sydney)
- Andrew Morrison (University of Canberra)
- Danika Head (Southern Cross University)
- Dominic Marafioti (University of South Australia)
- Erin Shillington (Victoria University of Wellington)
- Harish Patel (Curtin University)
- Jarrah Harrison Lofthouse (University of Melbourne)
- Jye West (Australian Catholic University)
- Muru Mohan (University of Auckland)
- Scott Wolstenholme (Griffith University)
- Trevor Humphreys (University of Western Australia)
It is also important to acknowledge their Institutions and their Institutional Members for their support and for providing these subject matter experts the time to participate in this important piece of work, which will benefit the entire sector.
I would like to acknowledge and shout out a special thank you to SAFM Solutions for their guidance of the project, and in particular Mick Serena, Lisa Brown, and Phillip Trinh, whom without their assistance and technical support would have made this a much more onerous task.
And finally to those additional institutions who have contributed relevant case studies and weren't represented in the above listed working group: RMIT University; University of Queensland; and La Trobe University, I also thank you.
Our Education Services Committee is currently working on putting together an appropriate workshop and learning event to engage across the sector to ensure understanding is shared, and networks maintained to add knowledge and value to SAM application across our Institutions, and with the support of our TEFMA Business Partners. Keep an eye out for announcements in the coming month.