CERM Risk Insights #34

Hello Readers:

This year, 2013, was huge for risk and risk management.  ISO is adopting risk in most of its standards.  This is occurring with most national standards.  Global events such as comets, global warming, natural disasters, and political events are increasing in complexity and ferocity.  VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) is the new normal.
Enterprise Risk Management (ERM) is evolving into a discipline.  Organizations and associations are adopting ERM and are even rebranding themselves as ERM organizations.  ERM is being incorporated into statute, rules, standards and guidelines in more than 23 sectors. Continue reading

#33 – MECHANISTIC VS. ORGANIC QUALITY THINKING – IAN ROSAM / ROB PEDDLE

Ian rosamFor most of the 20th Century, Business Schools, management training and Quality have promoted a method of management that seeks to exert control by believing you can predict future events and what people will do. Based on this assumption you can, in theory, control this by putting in place objectives, targets, work methods, controls, regulations and standards, etc. and check it is happening as you predict it should, through the deployment of KPIs, conformance/compliance auditing and other traditional ‘top-down’ approaches. Continue reading

#33 – HOW TO MANAGE TRANSPORTATION RISKS – STUART ROSENBERG

Stuart Rosenber pixMany companies whether they be manufacturers, distributors, wholesalers or service providers are continually failing to grasp an important aspect of their supply chain – transportation and the liabilities / risks involved.  It no longer matters if you are shipping domestically or internationally one should not ignore the risk of not managing the transportation aspect of your organization.   To paraphrase an old football adage; “the defensive opponent may know what’s coming, but with correct offensive execution they can’t stop the play”.

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