Category Archives: Process@Risk™

#151 – OMB A – 123: HOW DID WE GET HERE AND WHAT DOES IT MEAN? – JAMES KLINE PH.D.

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aIMG_4231INTRODUCTION
In a recent e-mail in which he noted that of U.S. Office of Management and Budget (OMB) is issuing its update to Circular A-123 on July 15, 2016, Greg Hutchins, co-founder of the CERM Academy, commented “this is really big. The circular is entitle “Management’s Responsibility for Enterprise Risk Management (ERM)”. It requires all federal agencies to adopt ERM. ERM is a framework by which federal agencies can identify and mitigate risk. I agree with Greg, this will be big. Thus, it is worth stepping back and seeing some of the factors which lead to the adoption of ERM. Continue reading →

#132 – A, B, AND C’S OF CAREER ADVANCEMENT – JOHN AYERS

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AAAYou may have heard about the Peter Principle (every employee tends to rise to his/her level of incompetency) and Putt’s law (the most competent person tends to sink to the bottom while the least talented person rises to the top). You have not heard of the A, B, C Theory because it is mine. I will explain what it is and you decide if there is any merit in it. Continue reading →

#103 – RISK: THE CRIPPLING COST OF FEAR – ANGELA MONTGOMERY

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1dba0a5No one can deny that risk exists. It’s the potential to lose something of value. It would be irresponsible to ignore it. The question becomes, what kind of decisional practice and behaviors are operationally and economically effective when it comes to risk in organizations? Continue reading →

#78 – PARADIGMS, DRONES, CYBER, RISK AND MORE – BILL WALKER

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BILL WALKERWe live in a world of fast continual change.  Are you able to accept these changes and use them to improve your life?  How about your family’s life?  How about your organization at work?

What is a PARADIGM?  It is a pattern.  Examples include driving to work the same way each day.  Making toast, taking a shower, brushing your teeth and other processes the same over and over again.  There is an excellent video on Paradigms titled, “THE BUSINESS OF PARADIGMS” by Joel Arthur Barker.  I suggest that you obtain a copy and view it several times.  Show it to your family and employees as it will make them challenge all that they do and look for ways to improve on the tasks that they do every day.  Be sure to tell them to discuss their change ideas with you before they actually go forward as this could cause major problems and Risks. Let’s look at a few new paradigms. Continue reading →

#75 – GOVERNANCE AND THE ILLUSION OF CONTROL – HOWARD M. WIENER

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Howard Wiener PixMany enterprises have groups responsible for governance functions, such as Project Management (the PMO,) Enterprise Architecture (the EA team) or Technical Architecture (the ARB.)  Unless these groups reflect a mature, enterprise-wide approach to management, however, they are unlikely to produce the benefits for which they are chartered.  This results in the Illusion of Control. Continue reading →