#138 – US FEDS REQUIRE ERM – GREG HUTCHINS

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Greg HutchinsThe President of the US has emphasized:

“the importance of having appropriate risk management processes and systems to identify challenges early, to bring them to the attention of Agency leadership, and to develop solutions.”

The President’s Executive Office (Office of Management and Budget) is updating Circular A – 123 to ensure Federal executives and managers are effectively, efficiently, and economically managing risks that inhibit the agency from achieving its strategic and operational objectives.  Continue reading

#138 – 6 TRAITS YOU SHOULD DEVELOP TO BECOME AN EXCEPTIONAL QUALITY PRO – CINDY FAZZI

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2014-bl-author-cindy-fazziIn a regulated company, quality professionals may be revered or dreaded or downright misunderstood. But there’s no denying their important role. As quality guru Joseph Juran said, all improvement happens project by project and in no other way. To paraphrase Juran, I would say a high-quality product or service happens step by step and process by process. Guess who’s responsible for making sure every step and every process is working effectively? You got that right—quality pros. Continue reading

#138 – LIFE TESTING: WHERE TO START? – FRED SCHENKELBERG

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ABC FredReliability or life testing involves estimating the expected durability over time of an item. This may be an entire system, a product, or an individual component. We may also focus on an element of a component, such as a material property. At the end of the testing we want to say something meaningful about the expected performance over time. Continue reading

#138 – MITIGATE RISK BY DETERMINING CRITICAL DATUM – KEITH RIDGEWAY

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Keith ImageEvery day we are exposed to all types of hazards, but what really makes these hazards become risks.

For the past 30 years, I’ve been involved in one way or another, investigating the root causes of failure modes be it a system, process, person, plant or product.   During this time I’ve applied different problem-solving tools like “FMEA, 8D, 5Whys, FEA’s, DMAIC etc” in order to find the true root cause of this failure mode.   Only to get frustrated, thinking I had found the root cause, only 3 months later a new failure mode would come to the surface. Continue reading

#138 – HEALTHCARE@RISK – ALIGNING YOUR STRATEGIC VISION WITH YOUR BUSINESS OBJECTIVES – TED SCHMIDT

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00141With all of the changes in healthcare reimbursements, how do you ensure that your hospital is properly funded to meet your financial/operational needs while achieving your hospital’s vision? These changes are especially concerning for Hill-Burton hospitals, Safety Net hospitals, and faith-based hospitals that serve a disproportionate share of indigent patients. Continue reading