Our destination is resilience. It requires a new way to think, decide, plan and act. It demands flexibility and fortitude to rebound, adapt, innovate, and lead. So what makes us resilient?
Generally, resilience is about adapting in the face of adversity, trauma, tragedy, threats or significant sources of stress. Resilient people are aware of situations, of their own reactions and of the behavior of those around them. Resilient people meet the world head-on with eyes wide open. Continue reading
In the past, organizations have pr
acticed agility more than anything else because it is easy to simply pivot and put out small fires as they arise.
But with the world facing a global pandemic, statewide lock downs here in the United States, and a once booming economy now seemingly frozen in time, organizations both large and small are caught in the blaze as those small fires are now an uncontrollable inferno of a great unknown. Continue reading
It is undoubtedly and incontrovertibly true that global extreme poverty has declined as capitalism has driven globalization – the trade between and among nations – to increase over time. Certainly, there are arguments to be made that the growth in wealth has also been increasingly concentrated in the hands of fewer people, but the world as a whole has benefited. The charts below from Our World in Data, showing the number of people living in extreme poverty from 1820 to present, clearly demonstrate that the economic benefit of globalization has been as positive as it has been apparent Continue reading
There is a continuing discussion of the difference between risk management and quality management. Some believe they are the same thing while others say there is no area of overlap. The article is not intended to be an exercise in wordplay, it is my personal view of how ISO 9001 covers aspects of managing quality risk and, at the same time, is not a general risk management standard. Continue reading
Enterprise Risk Management (ERM) is a relatively new concept. It is a top down approach to business system management and execution. It is designed to identify potential events and risks that can impact the organization. There are 3 levels to ERM. These are: Enterprise Level; Program/Project Level; and Product level. This paper explains the differences between the program and project level. Continue reading