#173 – OPERATIONAL RISK MANAGEMENT AND COMPLIANCE MANAGEMENT IN AN EMERGENCY DEPARTMENT – JIGNESH PADIA

Featured

Picture1I recently got a question from one of my clients regarding risks associated with non-compliance in Emergency Department concerning two patient identifiers. The risk identified by my client is not uncommon among many healthcare organizations and falls under operational and compliance risk management.  In order to comply with the required organizational practices (ROPs), we first need to have a closer look at it. Continue reading

#168 – 800COMPETE.COM – NEW SUPPLY MANAGEMENT BUSINESS MODEL – GREG HUTCHINS

Featured

Greg HutchinsThe Challenge

Think of the following: your CEO gets a tweet from President Trump calling out your company for being Un-American for offshoring jobs? No!

“The biggest idea (globalization/offshoring) of the past three decades is in deep trouble,” says the Economist

President Trump advocates critical infrastructure spending to build/upgrade the electric grid, roads, and airports. The American Society of Civil Engineers (ASCE) rates the infrastructure D+. Domestic investment will be $1 up to $4 trillion. Most of the infrastructure will be sourced domestically. Continue reading

#167 – 4 STEPS TO INTEGRATE RISK MANAGEMENT INTO STRATEGIC PLANNING – ALEXEI SIDORENKO

Featured

SIDORENKOLet me first start by saying integrating risk management into strategic planning is NOT doing a startegic risk assessment or even having a risk conversation at the strategy setting meeting, it is so much more. You will also find it difficult to relate if the objectives have not been defined or documented in your company or if the objectives are not measurable.  Continue reading

#167 – IS RBT THE ‘NEW’ TQM? – MILT DENTCH

Featured

Milt-150x147Will Risk Based Thinking (RBT) as a cultural change for organizations be successful in reducing quality or business upsets for organizations of all sizes and complexity? In the past 50 years, there have been several quality improvement initiatives that attempted to bring about a change in a company’s culture that have not had a sustainable impact on the company’s quality or business results. Continue reading

#166 – FUTURE OF CONFORMITY ASSESSMENT – GREG HUTCHINS

Featured

Greg HutchinsWe are seeing more global certification bodies create their own assurance and branded certification schemes.

Like ISO 31000 letter of conformance for airports.

Dubai Airports this week received a letter of conformance for ISO 31000 – 2009 Enterprise Risk Management from Lloyds’ Register Quality Assurance (LRQA). Continue reading