Fire is probably the only single factor, which could completely paralyse a thriving enterprise in a short span of time, many managements have to their cost appreciated this too late when the stark realism of the situation presents itself in the form of twisted steel- work projecting a ghostly silhouette above a mass of blackened rubble. Continue reading
This week I read in Forbes that a new study (published in October 2015 issue of Anesthesiology) finds that medication errors occur in one-half (50%) of all surgeries. This incorporates the perioperative, surgery and postoperative periods. The data continues to support the cold reality that as healthcare providers, we must change to protect our patients. Continue reading
The founder and president of Safety Projects International Inc, has a mission – to help clean up Canada and several other countries. However, rather than doing it himself, Dr Bill Pomfret aka Dr Clean is getting the workers themselves to do it – which is simple in its logic but offers a huge challenge in execution. Continue reading
ISO 31K and COSO ERM are the two competing risk management frameworks? ISO 31K is the national standard for many countries. However, COSO ERM is the de facto risk standard for many global and publicly listed companies.
We have used both. There are differences. However, the similarities outweigh the differences. And, the critical question is:
So, can ISO 31000 and COSO ERM work together?
Yes. The COSO definition of control supports and reinforces ISO 9001:2015 control requirements, specifically both frameworks are: Continue reading
No, this is not a reference to the Paper & Pulp Industry, though it could be considering how much paper money was floating.
The textbook definition of free-market capitalism states that the sole function of business is to create shareholder value and that the free market can regulate itself. Continue reading