Hi Readers:
We are seeing the rise of the Chief Risk Officer. Why? ERM is moving into statutes and rules. ERM is moving to operations and the supply chain. ISO is also adopting ‘Risk Based Thinking’ as its tagline. So, what’s going on? Take a look at the following:
+ Dr. Nigel Croft, Chair of TC 176, talks about ISO 9001:2015 revision.+ Anette Mikes, Professor at Harvard Business School, writes about the Triumph of the Humble Chief Risk Officer. Her piece shares lessons learned in the deployment of ERM and ISO 31K in a power and manufacturing company.
We are also expanding the focus of our emagazine into engineering reliability. We hope you enjoy the pieces. Tell us what you think. Best,
Future of Quality: Risk®
New to Leadership by Elizabeth Lions. Learn five sure-fire steps to leadership and rebuilding your team. Read more at Careers@Risk.TQM and ERM Similarities and Differences by Greg Hutchins. ERM and TQM share similarities and differences. Read more at Quality@Risk.Why Do We Fear Improvement? by John Dyer. Risk Based Thinking is the next Big Thing in operational improvement. We are seeing risk fear in the ISO community to the ISO 9001 and ISO 14001 transitions. This piece explains why and what you can do about it. Read more at ISO 9001:2015@Risk.ISO 9001:2015 DIS Concerns by Umberto Tunesi. ISO 9001:2015 DIS just came out. Read this extensive analysis of the DIS. Read more at Quality@Risk.Risks of Failing to Innovate by Gary Gack. Things are changing. Failure to innovate is the biggest risk a company faces these days. Read more at Life@Risk.Reliability Management & Risk by Fred Schenkelberg. Reliability used to be long term quality. Now, we would say that reliability is long term risk. Read more at Decisions@Risk.Risk as a ‘Historic’ or ‘Experiential’ Measure by Bill Barto. Learn a better way to calculate risk. Read more at Decisions@Risk.