AMS and HAM…..What are they? They are management system in a company. Perhaps, you are using it in your company. I would like to give you explanation….AMS is Asset Management Software and HAM is Human Asset Management. Can I have a successful business by using AMS and HAM? The thing about starting a business…any business…..is that there is no guarantee of success under any circumstances. Even big international businesses can fail at new business ventures. Failure is always an option but the possibility of success can be optimized. You can optimize the possibility of success by having a good solid business plan in place BEFORE you launch your business. There is an old saying: “Those who fail to plan, plan to fail”. A detailed set of plans for success needs to be made. You need to have the steps from getting from point A to point B listed in great detail that include realistic cost estimates for accomplishing each step. Naturally, all businesses need to manage their physical and non-physical assets regardless of their size. Everything needs to be watched from the point of choosing the assets, initiating and maintaining them, up to the point of finding no use for them and disposing the assets.
Every one of these procedures are vital in deciding the efficiency and organization that goes into running an organization. Without settling on the correct decisions for asset management software, many impediments might be postured to the streamlining of profits and to the business by and large. Above all else, the assets we’re discussing here is for all intents and purposes anything the organization claims from office supplies, organization vehicles and machines to copyrights and patents. What this software does to these assets is that they keep a record of them for the organization. All things considered, these such assets do devalue over a specific timeframe and should be discarded when their maximum capacity has been underestimated.
The company doesn’t need to hire people to keep track of maintenance and replacement schedules, resulting in too much people on the payroll and more expenses to slough off money on. With asset management software, you can be sure that your assets are in mint condition and are replaced efficiently when they need to be. Once you have the software, the only manual thing you have to be doing is to run the asset management program and make sure that all assets are accounted for and all damages are reported to the respective people in charge. More importantly, in the event of emergencies that cause certain losses in assets, the company will have a detailed report of what they own and what they lost, all organized by the protocols of the software. There are 3 common kinds of asset management software being used in the business world today as mentioned below:
- Automated data collection software is used as a time log of all processes involving the assets.
- Inquisitive software is responsible for checking out IT systems, codes, hardware systems, software and other digital assets.
- Repository software has the more clerical type of job in that it archives and organizes data files for easy access, uploading and retrieval. Before you begin browsing through the different kinds of software available for your company, the first thing you need to ask yourself is if the company needs it. Are certain processes being held up because of delays in maintenance and repairs? Do you find that there are discrepancies in the way certain assets of the company are being managed? If so, then you can try your hand at investing in this type of software.
There are some aspects that you may need to be looking into when you decide on it. How much does the software cost, and is it worth it or will you end up spending more than if you have people manually managing assets? What kinds of services do you need the software to be doing for your company? How many people in the company will be running the asset management program? Is it available for international use or is it limited to local usage? With the answers to these questions, you will be able to find the asset management software that is perfect for optimizing the business processes in your company. Asset Management Software is important, so is Human Asset Management. It is serious business because how well the company does depends on the people they hire to fill up the various positions. If they hire someone and he or she is not qualified, problems will occur. If the company has a high turnover, money is also wasted because of the time, training and money that were invested in that person. Well……To keep employees happy or motivated, they also have to come up with programs that will enhance their skills even if they should be tempted by offers from competitors. Now, let’s forget about them and their company, let’s talking about your company and make a very simple description about human asset management. Please remember, your employees are your valuable assets whether they’re qualified or not…..I can say that you have employees, for example, you have a company with 100 employees (common employees and staffs) as described below:
- Most Qualified: 5 persons
They are staffs who have the best personality, capability in 100% theory and 100% practical, education, and dedication according to their job description. They can do everything you need. They can make the exact decision for your company, they can also manage your office and production planning at once. But most of them (about 90%) usually have no loyality to the company where they’re working with. They thought that if they had enough money, then making a company is easy. They have all to make their dreams come true.
- Qualified: 10 persons
They are staffs who have the best personality, loyality, education, and dedication according to their job description. They are in reserve when the most qualified staffs are not present. They are able to make a decision by using a lot of consideration. You can depend on them but if you look at their capability, they are not comparable with the most qualified staffs. They usually have capability in 50% theory and 50% practical.
- Almost Qualified: 5 persons
They are staffs who have the better personality among others (common employees), loyality, and dedication according to their job description. They are unable to make a decision, the qualified staffs give the command to them instead. You can depend on them for their loyality. They usually have capability in 20% theory and 80% practical. They can give a command to the common employees.
- Common Employees: 80 persons
They are staffs who have the common personality, 100% loyality, don’t ask about their education, you can rely on them for production processing and daily production activities….they have 100% dedication to your company according to their job description. They usually have capability in 5% theory and 95% practical.
The question is How do you manage them to make the Efficient Business?
These are the answers:
- Give them Education.
- Give them a Good Training.
- Give them Rewards, at least once in 6 months (You must have Terms and Conditions).
Let me say that actually there are a lot of answers, not only 3 answers above but essentially you must have an effective human resource management team in place that will take care of them. That team usually keep the Asset Management Software with them to work. Otherwise, there will be problems within your company. People will quit and when your competitors see that, this can be used to their advantage to the point that they may even take over your business. I should tell you that there’s a tight relationship between the Asset Management Software and Human Asset Management. If you read this article from the beginning, I’m sure you will find it clearly.
TO BE CONTINUED……