#182 – ENGINEERING LEADERSHIP LESSONS FROM JAPAN – GARY HINKLE

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02WEB-144x150-144x150Toyota’s ongoing success is often attributed to their legendary quality and manufacturing systems. Another important element that doesn’t get as much attention is the role of Toyota’s Chief Engineers.

I recently read The Toyota Product Development System (by James M. Morgan and Jeffrey Liker) where I learned that each Toyota product has a Chief Engineer who is responsible for the design, manufacturability and sales of that product. Yes, even sales, because Toyota’s philosophy is that the vehicle’s design has to be attractive to consumers, and if they don’t get design and manufacturability right, sales suffer. Continue reading

#182 – TIPPING THE REPUTATIONAL SCALE – JAMES KLINE PH.D.

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aIMG_4231-150x150An organization’s reputation is important.  In the private sector it can account for twenty-five percent of its book value.  It can also make the difference between market dominance and slow decline. For government there is no good way to quantify reputation. However, having a good reputation may mean the difference between obtaining the needed funds and continuing to beg. Continue reading

#182 – WHICH NON-FINANCIAL RISK MANAGEMENT CERTIFICATION TO CHOOSE – ALEXEI SIDORENKO

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SIDORENKOThere seem to be a lot of angry talk about various risk management certifications on the web lately. Most such comments are coming from people who are very ill-informed about how certification, any certification, works in general. As a creater of 2 national risk management certification programs that have been hugely successful in Russia, here are my 5 cents. Continue reading

#181 – INDIVIDUAL AND CORPORATE RISKS ARE NOT THE SAME – ALEXEI SIDORENKO

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SIDORENKOIn the first of a four-part series, Alex Sidorenko, founder and CEO of Risk-Academy, explains how the key to managing corporate risks is often through dealing with the individual risks of decision-makers first.

If there is one thing I learned in my previous role as head of risk at a multibillion-dollar sovereign investment fund, risk management is not about managing risks. It’s about helping management make strategic, operational and investment decisions while keeping the risks in mind. Continue reading

#181 – HOW TO MAKE AUDIT MANAGEMENT EFFECTIVE – GREG CARROLL

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team-carroll-150x150Effectiveness is the holy grail of Compliance Management.  Whether regulatory or ERM, ensuring business is conducted as intended is the base requirement to optimising your organization’s performance.

Let’s face it, business spends its money where it will deliver the best return, i.e. to shareholders, so the key to increasing the compliance budget is to measure compliance as a factor of performance not as a safety net. Continue reading