#201 – VALIDATING BUSINESS CONTINUITY PLANS USING FAILURE POINT EXERCISE METHODOLOGY – GEARY SIKICH

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Untitled1-150x150Imagine that your plan has been implemented as it was designed.  You and your organization carried out the plan following every detail that was contained in the planning documents.  Your plan has failed.  That is all you know.  Your plan failed.  Now your challenge and that of your planning team is to explain why they think that the plan failed.  You must determine how much contrary evidence (information) was explained away based on the theory that the plan you developed will succeed if you implement the steps required to respond to a disruption of your business operations.  Continue reading

#201 – REAL PROJECT RECOVERY: IT’S ABOUT SURVIVAL – MALCOLM PEART

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Picture1The troubled project is on the road to recovery; it’s been recognised, escalated, planned and the execution team had been briefed and appointed.  The team has started to address the issues and expect (hope) to recover the project as per plan.

But the plan was based on a diagnosis rather than a full autopsy.  It’s only during recovery that any lurking complications manifest themselves and relapses occur; so be prepared for the worst. Continue reading

#201 – RISK BASED THINKING AND SMART CITIES – JAMES KLINE PH.D.

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aIMG_4231-150x150One of the interesting things I found, while doing research for the book, “Risk Based Thinking For Government”, is that Risk-Based Thinking (RBT) has permeated so many activities in government.  RBT is a two-step process.  The first step is to recognize that risks exist and to assess and prioritize them.  The second step is utilizing the prioritized information to make decisions.  Continue reading

#200 – THE ROBOTS ARE COMING TO THE WORKPLACE – IQS

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In the history of business and manufacturing, automation has become commonplace. In many ways, people have been replaced by machines in the manufacturing, retail, restaurant, and corporate settings.

At the same time, opportunities have arisen for employees who specialize in programming, engineering, and maintenance of machines in all areas of commerce and industry.

So here’s the crucial question: Will automation kill or create jobs? Continue reading

#200 – RISK AND THE LIMITATIONS OF KNOWLEDGE – GEARY SIKICH

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Untitled1-150x150Awareness of risk can lead to unforeseen risk behaviors based on knowledge that is sufficiently convincing to lead to false positives.

“The more you know, the more you know you don’t know.”

― attributed to Aristotle

Introduction

Knowledge is an opening door to understanding risk; the risk of knowledge is knowing how much you do not know.  Unfortunately we have a very limited understanding of where risk is or where risk is going to materialize.  Here is a small excerpt from “I, Pencil” by Leonard E. Read.  The reason for this example is that we all use or have used pencils in our lifetimes.  The pencil is a simple implement, right? Continue reading