Responsible Asset Management in Dubai

January 18, 2012 | MATAR S. AL-MEHAIRI, DUBAI ELECTRICITY & WATER AUTHORITY (DEWA)

Should there be a greater sense of responsibility in asset management? This is one challenging question that should be proposed more often in the field of asset management. Thanks to the diligent work and inquisitive minds of world leaders and scientists in previous decades, preventative steps were eventually taken against the global phenomenon of ozone layer depletion. Whether the global community can come together to curb global warming remains to be seen. These global threats to the planet are the result of ignoring our sense of responsibility to humanity and the effect of mass human errors in industrial development processes. Human error, even of a very minor nature, could be the critical factor that results in major asset failures and catastrophic events in day-to-day life.