LORD Consulting, long-established in the Australasian region and specialising in the strategic management of power industry assets for optimum life and reliability, has been joined by Mr Terry Krieg, Chairman of CIGRE Study Committee B3 -Substations.
LORD Consulting Director, Mr Trevor Lord, hails the move as a proud one for the company. "The support of Mr Terry Krieg to the organisation will greatly enhance the innovative work that LORD Consulting has been doing over the years to assist our power industry clients with the optimal management of their assets", he noted at the announcement at TechCon Sydney on April 1st. "Terry's wide focus, experience, and diverse skill set will be a major boon to the Company and a very good fit with the needs the Industry are presently facing".
LORD Consulting will also be focussing its team this year on the significant contribution to asset management and associated strategic processes that can be offered to an organisation by way of the recently-released ISO55000 standard.
"In an increasingly risk-averse industry also facing many commercial constraints into the mid-term, the attention of risk management sub-committees of Boards of Directors is firmly focussed on how innovation and strategic repositioning of present asset management methods might permit their organisations to withstand increased stakeholder and shareholder scrutiny. LORD Consulting will be contributing strongly in this space", commented Mr Lord.