The paper presents a concept of sector specific guidance generation for engineers and technical solution seekers in field of power assets management. The developed guidance seeks to make solution hunting process more guided, systematic and innovative. It takes scenario of smart grid technologies implementation and discusses the possible utilization of smart grid technologies’ potential for power asset management. For generating the innovative and systematic guidance framework, the research utilizes the inventive knowledgebase of Theory of Inventive Problem Solving (TRIZ). Using TRIZ researchers’ works, it develops a methodology to generate sector specific guidance from TRIZ inventive knowledgebase. Using the developed guidance methodology, this paper generates a guidance framework for solution seekers in field of asset management.