The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
Overall Equipment Effectiveness (OEE) Improvement
The percentage increase in OEE across key production lines or sites under your remit. This combines availability, performance, and quality.
Target · Contribute to a 5-point increase in plant OEE within 24 months for critical sites.If Site A's OEE was 75% at the start of the year, we'd expect it to hit 80% by the end of year two, directly attributable to your asset management strategies.
Maintenance Cost as % of Replacement Asset Value (RAV)
The total maintenance spend (OpEx and CapEx for reliability upgrades) as a percentage of the total value of our assets. A lower percentage, without compromising reliability, is the goal.
Target · Reduce total maintenance spend from 3.0% to <2.2% of RAV across the business unit within 3 years.If our RAV is £100M, current maintenance is £3M. Your target is to get that down to £2.2M or less, while keeping assets running.
Critical Asset Availability
The percentage of time our most critical production assets are available to run, excluding planned downtime.
Target · Maintain >98.5% availability for all Tier 1 critical assets.Our main packaging line was down for 10 hours last month due to an unexpected failure. If it ran for 720 hours, its availability was 98.6%. You'll be tracking these closely.
Mean Time Between Failures (MTBF) for Bad Actors
The average time between failures for the equipment that historically causes the most downtime or cost.
Target · Increase MTBF for the top 10 'bad actor' assets by 25% year-on-year.If a specific pump failed every 60 days on average, you'd aim to push that to 75 days in the first year, and then 94 days in the second, through strategic interventions.
Capital Project ROI (Reliability-Driven)
The return on investment for capital projects specifically initiated to improve asset reliability or replace unreliable equipment.
Target · Ensure all reliability-driven capital projects achieve a >25% ROI within 3 years of completion.A £500K upgrade to a compressor system, driven by your team, should deliver at least £125K in annual savings (reduced maintenance, increased uptime) for three years.
Strategic Influence & Adoption
The degree to which your long-term asset management strategies are adopted and championed by site leadership and integrated into operational planning.
- Regular invitations to site leadership meetings
- proactive requests for your team's input on capital planning
- positive feedback from General Managers on strategic alignment
- success in securing budget for multi-year reliability programmes.
Team Capability & Development
The growth and effectiveness of your direct reports and the broader reliability engineering function under your leadership.
- High retention rates within your team
- successful internal promotions
- positive 360-degree feedback from your team and peers on your leadership and mentorship
- demonstrable improvements in the technical skills and strategic thinking of your team members.
Risk Mitigation & Proactive Management
Your ability to identify and mitigate significant operational and safety risks related to asset health before they become critical issues.
- Reduction in high-severity safety incidents linked to equipment failure
- successful pre-emption of major outages through strategic interventions
- positive audit results from internal and external H&S assessments related to asset integrity
- documented examples of averted crises due to proactive measures.
Cross-Functional Collaboration & Buy-in
How effectively you work with other departments (e.g., Finance, Procurement, H&S) to achieve reliability goals and embed a reliability-first culture.
- Jointly developed and approved reliability standards with H&S
- integrated capital planning processes with Finance
- successful negotiation of long-term service agreements with Procurement
- positive feedback from cross-functional peers on your collaborative approach and ability to get things done.