Author Archives: greg

#9 – ISO 9001 RISK CHALLENGES – SANDFORD LIEBESMAN

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The global economy has provided organizations with many opportunities that didn’t exist even ten years ago. But it also presents organizations with many risks because of the flattening of the Earth via the Internet and extensive outsourcing to countries such as China, Mexico and other nations.The designers of COSO, the guidance commonly used for compliance support of Sarbanes-Oxley Law (SOX), recognized as early as1992 the importance of risk management by including it as one element of the system of internal control. And now ISO 9001 developers are including risk in the 2015 revision. Continue reading →

#9 – WHY DO COMPANY’S COLLAPSE? – JIM KLINE

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Why do companies collapse?

Risk can be defined in many ways. The most relevant and difficult definition is “The probability of an undesired outcome.” (Chicken 1996)  The most obvious undesired outcome is going out of business. The history of business shows many examples of bad strategic decisions.  Some brought about by hubris and some by the inability to accurately judge the impact of disruptive technology.  Two more subtle problems are the subjects of three books: Producing Prosperity (Pisano and Shih, 2012), Restoring The Innovative Edge (Hage2011), and Inventing the Electronic Century (Chandler, 2001).

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#9 – NISO AND NICE RISK ANALYSIS – JIM LAMPRECHT

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Why would an international standard require companies to perform risk analysis?

NISO
The same question was asked a few years ago with the ISO 9000 series of standards but here at least one could supposedly claim that a quality system would theoretically improve the overall quality of a product still, one could ask the same question:  why make it a requirement to do business after all, for centuries the “market” had been and continues to be a semi-efficient process whereby inefficient and/or below average performing companies are eventually eliminated. Continue reading →

#8 – DISAGREEMENT ON BELIEFS – JOHN BLAKINGER & GREG RANSTROM

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JohnBlackingerPhilosopher Charles Bernard Renouvier said “There is no certainty, only people who are certain.” And when it comes to contested issues, people tend to project absolute certainty in their opposing beliefs.

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When You’re in the Box, You Can’t See the Box

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Greg Hutchins pixI like disruptive technologies.  They change things.  They make things fun.  They create opportunities to make money or find a new job.

The problem is that they can be changing things all around you and you can’t see the changes?  Why?  Think of it as Hutchins POV (Point of View)  principle.

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