#196 – FIXING THE PROJECT THAT’S ABOUT TO CRASH – MALCOLM PEART

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Malcom-Peart-pix‘Management’, whoever they are, has finally woken up to the fact that the project is in difficulty.  It’s been in trouble for some time and attempts to fix it haven’t worked.  Somebody, somewhere, decides that Recovery is needed before the project crashes and burns.

Blinkered participants who denied all problems and reacted in anger realise that the bad tidings were not false-news.  While they bask in depression others look at fixing the problem.  If this ‘fix’ is just reorganising then, inevitably, the real problem(s) will not be addressed. Continue reading

#196 – THE STATE OF CALIFORNIA’S RISK CATALOG – JAMES KLINE PH.D.

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aIMG_4231-150x150Introduction

In 2015, the California Legislature passed the State Leadership Accountability Act (SLAA).  The act updated previous legislation. The purpose of the update was to broaden the reporting requirements to operational and programmatic activities. It reemphasized the responsibility of management to establish and maintain effective systems of internal controls. It also set up bi-annual reporting requirements and included risk assessment as part of the internal controls.  To assist departments and agencies with the risk assessment, in 2017, the Department of Finance published the State Leadership Accountability Act Risk Catalog. Continue reading

#196 – USING SCENARIO ANALYSIS FOR RISK BASED, DECISION MAKING – GREG CARROLL

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team-carroll-150x150ISO 31000:2018 stresses the need for risk management to be integrated into operational functionality and decision making, but little has be written on how to actually achieve this.  Scenario Analysis is not a modern technology but how you can provide operational management with risk based decision marking collateral. Continue reading

#195 – PROBLEM SOLVERS HATE OPPORTUNITIES – ROBERT POJASEK

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AAIAAQDGAAwAAQAAAAAAAAuRAAAAJGJmZGQ0Njg0LWFlNDUtNDcyZC04MTVhLWJkNmM1Zjg1MGZmOQBy training, inclination, and expectancy, risk managers tend to focus on threats because they are expert problem-solvers.  Any deficiency in the smooth operation of an organization is a threat and it is the risk manager’s responsibility to treat the threat.  This will help get things up and running smoothly once again.  Yet, risk is very risky for the organization if the focus is solely on threats.  Continue reading

#195 – POTENTIAL ECONOMIC CIRCUMSTANCES OF A PANDEMIC – GEARY SIKICH

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Untitled1-150x150At the time of this writing seasonal flu is spreading through much of the world.  The current flu vaccine is approximately 30% effective.  Ever since the H1N1 outbreak in 2007 that was declared a pandemic by a reactive World Health Organization (WHO); WHO and Centers for Disease Control (CDC) have been reluctant to move too quickly in declaring an outbreak, whether influenza, Ebola, Norovirus, Adenovirus or any of the myriad of potential pandemic causing viruses a pandemic.  Continue reading