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Super-Productivity - AB Chapter Online Symposium (Part 5 of 7)

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Original date: 
Thursday, May 28, 2020

Organizations have a performance metric for productivity measured as cost per unit produced, or sometimes called unit cost or cost of service. In operations, we recognize we can affect the numerator with how well we manage our costs, and we can affect the denominator with how much we can produce. What is Super-Productivity? We define Super-Productivity as the sum of all the bad over the sum of all the good. As a leader, if you really want agency over all your organization’s activities and you desire operationally excellent results, then you must reflect all the opportunity costs your organization has been blind to in the measure of productivity. Is your organization courageous enough to see yourself in that light? Few are. Here’s what it takes. Join Paul Daoust as we challenge our perceptions on the fascinating relationship between cost, performance and risk. Together we will apply these concepts to asset-intensive organizations to enable more, better decisions, vastly improved business plans and higher value business outcomes from the same assets with fewer resources.

BoK Content Source: 
Practitioner Produced
BoK Content Type: 
Presentation Slides
Asset Management Framework Subject: 
00 Asset Management - General, 01 Strategy & Planning, 02 Asset Management Decision Making, 2.00 Asset Management Decision Making General, 06 Risk and Review, 6.00 Risk and Review General
Maintenance Management Framework Subject: 
00 Maintenance Management - General, 01 Business & Organization Context, 1.0 Business & Org Context General, 02 Maintenance Program Mgmt, 2.0 Maintenance Program Mgmt General, 07 Human Resource Management, 7.0 Human Resource Mgmt General, 10 Continuous Improvement, 10.0 Continuous Improvement General
Author Title: 
Founder, Managing Director
Author Employer: 
Scio Asset Management Inc.
Author Bio: 

Paul Daoust has almost 30 years of experience in asset management and operational excellence in the energy sector. As the founder of Scio Asset Management, Paul is declaring war on mediocrity and empowering progressive operational leaders to make more, better decisions to stop value leakage in their organizations through learning, coaching, advising services and technology solutions. As a director of the national not-for-profit organization, Paul is a leading international advocate for asset management practices for industrial and infrastructure asset-owning organizations.