Managing physical assets by nature is a cooperative and cross-functional discipline which demands a solid governance structure, strong leadership, and well-coordinated policies and practices to meet organizational objectives and requirements in the context of their operations. We very often hear that organizations have been managing physical assets well for a long time. If you ask anyone in the organization individually you will hear similar answer. However if you bring all those individuals from that organization together in one room and ask the same question again, you will most probably get a completely different answer. This interactive session will explain the organization-wide philosophy of managing physical assets and explore the intricacies of physical asset management systems to realize maximum value. Participants will be actively involved in identifying gaps and overlaps within their asset management system and understand where they should be focusing their efforts for improvement.