2024 Schedule
Displaying 1 - 1 of 1
Strategic Human Asset Management - Humans are the New Assets.![]() Presenter: Ron Gavrin
Retired, Retired
Description:
The new ISO 55000 asset management standard has expanded the concept of assets to include HR. But is industry really prepared to make informed decisions on HR programs, as they do for physical assets? Furthermore, does industry have tools to evaluate the benefits of various HR programs to mitigate the retirement of an aging workforce, especially in overheated sectors like oil & gas?
The session will review some programs that were introduced in a large utility to mitigate the effects of its workforce retiring, such as mentoring, rejuvenation hiring, and procedures updating. The review will include five different HR strategic programs that were implemented to offset the impact of an aging workforce.
The impacts of these HR programs cannot be evaluated using ordinary engineering economics analysis. However, some tried and tested quantitative and qualitative techniques are proposed that could improve HR program valuation. This session will propose some approaches to evaluate HR decisions in industry, using research methods from academia and based on programs introduced in a large industrial organization to manage the transition as its aging workforce retired. About the Presenter:
Ron Gavrin, MBA, is retired from a 30-plus-year career as an engineer in various industries: electrical, utility, paper, mining, and petroleum. Most of his career was spent in the nuclear sector with Ontario Hydro (OPG), where he worked as the business superintendent and project controls manager for major nuclear projects in Darlington, Ont., and he has implemented programs in business risk management and nuclear system long-term planning (i.e., strategic asset management). He now teaches project management, risk management, asset management, engineering management, energy management, and cost engineering at various institutions in Toronto. |