Author Archives: greg

#341 – COVID: JUST WHEN YOU THOUGHT IT WAS SAFE TO GET BACK INTO THE WATER – ALLEN TAYLOR

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In the “Jaws” movie franchise, there is one movie after another where a great white shark attacks people at the beach who venture too far from shore.  Clearly, it was not safe to get back in the water, but the people did anyway. Frolicking at the beach is a great summer recreation, but if Jaws is still out there somewhere, it is not a great idea.

We have a similar situation with Covid-19. After an initial peak, social distancing, mask wearing, and then vaccination sent infections and deaths down in countries that practiced those intervention. However, like Jaws, Covid-19 keeps coming back, more dangerous than ever. Why is this? Continue reading →

#340 – HOW TO STRUCTURE YOUR ERM SYSTEM – PATRICK OW

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Andy Benoit once said, “Most geniuses — especially those who lead others — prosper not by deconstructing intricate complexities but by exploiting unrecognized simplicities.”

This statement is so true when corporate leaders and managers tend to over-complicate processes or over-engineer systems in organizations. Designing and implementing your organization’s enterprise-wide risk management system is no exception. Continue reading →

#340 – HOLOCAUST SURVIVOR STORIES – BILL POMFRET PH.D.

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For several years I have been visiting elder friends in homes for the aged, it was my way of giving back to society for the good life I had, this of course was up until the Corvid 19 Pandemic arrived almost 18 months ago, and my visits had to be put on hold.

Due to the Pandemic, two of the people I visited, passed away, one 87 and the other 91, I was very sad, that I could not say good bye. Continue reading →

#340 – ‘WHAT IF’ ANALYSIS – FRED SCHENKELBERG

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What if you knew all the possible outcomes for your product’s reliability performance due to component variations, for example? What if you knew the future with enough certainty to make a difference?

Building on brainstorming, what-if analysis involved using models or prototypes that allow you to change something and see how it alters the output or performance. What if we change this support bracket from iron to aluminum? What if we swap out this 100 ohm resistor for a 200 ohm one? Continue reading →

#340 – RISK IS ROUND – MALCOLM PEART

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Are project risks round?  Curved objects can be less controllable than planar ones as they pitch, roll and yaw; and the tighter their curves the more difficult control becomes.  Even a truly planar surface is, geometrically, a curve but with an infinite radius.  The Earth’s horizon, that imaginary plane perpendicular to its radius is considered by some to be ‘flat’ but in reality it’s a sphere so we can never see over the horizon.  But what has this got to do with project risk? Continue reading →