[header] How to develop a strategic asset management plan [title] Learn how a strategic asset management plan can help. [step] Asset management is a strategic approach to to how a company conducts business, reaches decisions, and processes, uses, and communicates information. Creating a strategic asset management plan will help your organization provide services as effectively as it can. 
By examining which assets your organization possesses, how important they are, and what their future costs and values may be, your organization can get the highest amount of worth from its assets. [substeps] A strategic asset management plan will allow you to understand how effective your assets are being utilized.