Author Archives: greg

#65 – MANAGING 21ST CENTURY ORGANIZATIONS – THE IRM

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irm-logoIt quickly became apparent during our work that the environments analysed and the risk management problems they present, display many of the characteristics of complex systems. A complex system, like the weather, is one where even if you know everything there is to know about the system it is not sufficient to predict precisely what will happen, although it is possible to discern a range of outcomes. When simple systems are put under stress they can start displaying many of the attributes of complex systems. Continue reading →

#65 – EARLY RELIABILITY PROBLEMS IN THE NEWS – FRED SCHENKELBERG

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ABC FredRELIABILITY PROBLEMS
Boeing representatives explained the Dreamliner would need an additional 6 months of work to bring the aircraft’s reliability in par with the existing 777 model. They made the announcement at the start of the Dubai air show. Not a good start to a week of showing off the features of the aircraft.

http://www.ainonline.com/aviation-news/dubai-air-show/2013-11-17/boeing-sees-six-month-horizon-787-fixes Continue reading →

#65 -QUALITY AND RISK MANAGEMENT GLOBAL STANDARDS – DENIS LEONARD

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Denis Leonard HeadshotINTRODUCTION
Standards provide crucial communication, alignment and compatibility at an international, national, industry and individual organizational level.  These standards, accessible to everyone from global powers to developing countries, from international corporations to the Mom and Pop small business, provide guidance and infrastructure, state of the art technical knowledge and management best practices.  Continue reading →

#64 – ARE THE FEDS MANDATING ERM? YES. – GREG HUTCHINS

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Greg Hutchins pixOffice of Management and Budget (OMB) is requiring US agencies and departments to manage risks at the enterprise level.

Why?

Ebola?  Wars?  Shootings?  Civil unrest?  Global warming?  Droughts?  You name it.  The unexpected is happening – all to often.  The unexpected has become the expected.  Not only in the US – but the world over in government and the private sector. Continue reading →

#64 – FROM ERM TO EXTENDED ERM – THE INSTITUTE OF RISK MANAGEMENT

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irm-logoThe past decades have seen a transformation in the way that both private and public organizations operate.  Delivering a product, a project or service today is likely to involve multi-tiered, often global value chains, sub-contracted manufacturing, licensed intellectual property, outsourced back offices and complicated routes to market, including digital delivery, all under increased pressures of time.  In the public sector many governments are handing over service delivery to a network of private or third sector operators. Continue reading →