I will say - sometimes management makes the decision to "run to failure" (do nothing but fix it when it breaks, if it can be fixed). They hope to save money on preventive/predictive maintenance. Sometimes it is the optimal decision - say I have a very old automobile and just say - next time it breaks, I'm getting a new car. Most times it isn't a very good decision in the long run. BUT I think it a good thing the ISO only refers to doing maintenance - then you can decide what the optimal policy is. Me, I'm getting my 2004 and 2014 automobiles in for service regularly - with the current availability and cost of new cars, I want to keep these two (a Honda CIvic and an Accord) running as long as I can. But eventually reliability (stranding me someplace) or a very expensive failure may force to to change my maintenance policy.