Author Archives: greg

#149 – INCORPORATING RELIABILITY INTO DESIGN REVIEWS – FRED SCHENKELBERG

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ABC FredReliability Input into Design Reviews

Consider the following scenario: You are a reliability engineer working for a large corporation that plans to launch a new product. On occasion, you and the team sit down to review the design. The idea is to check the design for any issues with the combined wisdom of all the players involved. Or, perhaps, the review serves as just a status update for the entire team, providing a focus on the most important issues and action items. Continue reading →

#149 – SOFTWARE WASTAGE: TIME SPENT, CANCELED PROJECTS, CYBER ATTACKS, AND LITIGATION FOR POOR QUALITY – CAPERS JONES

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Capers Jones pixSoftware demographics and software work patterns show interesting changes over the past few decades. A study in 1990 noted 116 software occupations but only 5 involving quality and none involving risks or cyber-attacks. An updated study in 2016 noted 205 total software occupations of which 32 were involved with risks, cyber-attacks, and quality. This is due to the huge increase in numbers and types of software cyber-attacks. Continue reading →

#148 – UNINTENDED CONSEQUENCES OF RISK REPORTING – GEARY SIKICH AND JOOP REMME

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Untitled1-150x150Introduction

In this article we posit three questions. The first question is: “Is it a social responsibility of companies that they undertake a comprehensive risk assessment?” The second question: “Does the notion of conscience and its application to the generation and use of risk information and information in general, create an obligation for the organization to disclose
the results of the comprehensive risk assessment?” The third question “How do the people Jooplesin the organization communicate the information from the comprehensive risk assessment to stakeholders and yet preserve security and protect the organization?” Continue reading →

#148 – US GOVERNMENT ERM REQUIREMENT FINALIZED – GREG HUTCHINS

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Greg HutchinsWe’ve been discussing how ISO 9001:2015 has adopted Risk Based Thinking that will impact 1.2 million companies.  ISO 14001:2015 will impact 400,000 companies.  Now, government agencies are adopting and putting into statute risk management.

We’ve been talking up the fact the US government is requiring Enterprise Risk Management (ERM), specifically Office of Management and Budget Circular OMB A 123, of all US departments.  This is a game changer for federal agencies.  In this article, we’ll look at some of the significant changes in ERM for Federal agencies. Continue reading →

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

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GregCarrollEffectiveness 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 →