The short answer is just about everywhere. A survey of death records from the early part of the pandemic, from March 1 to August 1 of 2020 analyzed the death rate in the states and compared that with what could be expected, based on prior year death data. Prior to the pandemic, such analyses were highly accurate, which led to a high degree of confidence that any excess deaths during Covid time would largely be due either to Covid-19 itself, or due to other causes of death that were amplified by the stress on the medical system due to Covid-19, as well as people’s reluctance to expose themselves to Covid by seeking help for other ailments, thus resulting in fatalities. Continue reading
Author Archives: greg
#324 – SUPPLY CHAIN RISK MANAGEMENT – GREG HUTCHINS PE CERM
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Almost daily, we hear of some problem in the supply chain. A few weeks ago, a container ship got stuck in the Suez Canal and hundreds of ships were backed up with no place to go. As well, original equipment manufacturers in Europe missed critical parts because of their Just in Time delivery practices. Continue reading
#324 – IMPROVING RELIABILITY WITH GOOD JUDGMENT – FRED SCHENKELBERG
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At an early concept meeting discussing the technical strategy for the new product, the engineering teams were at an impasse. The decision matrix balanced out with three distinct options. Product reliability differed slightly with each option yet presented risks just as the considerations of cost, complexity, feature set, and time to market.
The project manager, the leader of the development program, asked a few questions, asked for input from the director of engineering, and selected a path forward. Continue reading
#324 – OECD RISK MANAGEMENT MATURITY MODEL – JAMES KLINE PH.D.
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In February 2021, the Organization for Economic Cooperation and Development (OECD) published an Enterprise Risk Management Maturity Model. This model is designed for Tax Administration Agencies. It is the culmination of work that began in 2018. This work was designed to develop stand-alone maturity models for a broad range of organizational activities. One of which was Enterprise Risk Management. This piece examines this model and discusses how such models are being used by government elsewhere. Continue reading
#324 – 12 COMPETENCIES FOR FUTURE SUCCESS AND ADVANTAGE – DANIEL BURRUS
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Even as I write this article, jobs in industries ranging from entertainment and media to manufacturing and medicine are being transformed by artificial intelligence (AI) and its many iterations. Many people don’t even know they are already in a competition with AI and that several facets of their job are already being accomplished by a digital application or intelligent machine. Workers will not be able to outpace these machines simply by working longer hours or moving faster on the assembly line. Continue reading