9901834.CERM_Risk_News__92 (2) The $3.5 trillion U.S. Federal Government is one of the largest and most complex organizations in the world. Recently the Office of Management and Budget mandated all federal agencies to implement and integrate Enterprise Risk Management (ERM) into their strategic planning, strategic review and internal control processes (Revised OMB Circular No. A-123, July 2016). Continue reading
Category Archives: RBT@Risk™
#160 – BUILDING RISK CULTURE IS EASIER THAN MAKING HOT DOGS – ALEXEI SIDORENKO
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Yes, building risk culture is that easy! Before I explain, let me first clear few weird misconceptions about risk culture that have been floating around in the non-financial companies:
Making decisions under uncertainty is not natural for humans Continue reading
#156 – ISO 14001 CHANGES – MILT DENTCH
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What are the key changes in ISO 14001:2015?
Organizations currently certified to ISO14001: 2004 will need to address the new (or expanded) requirements of ISO14001: 2015 with the following general groupings:
- Understanding the context of the organization and expectations of interested parties
- The integration of the environmental management system (EMS) requirements into the organization’s business processes
- Actions to address risks and opportunities
- Expanded top management commitment
- Expanded definition of Operational Controls
#141 – WHAT WILL QUALITY LOOK LIKE IN 20 YEARS? – PETER J. HOLTMANN
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To look to the future, the quality profession is revisiting its roots. The question is, “Where is the next generation to help the profession look ahead?” Or, as I like to think of it, “What’s the emoticon for quality?”
I recently attended ASQ’s World Conference on Quality and Improvement where we discussed powerful questions such as, “What will quality look like in 20 years? What will it be called? Will it still be relevant?”
#133 – RISK IS NOT EVEN HALF OF IT! – IAN DALLING
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Last month’s Insight explained that MSS 1000 is a universal management system standard that facilitates the creation of fully integrated management systems without boundaries addressing the totality of the management of an organisation irrespective of size and type. We now look at how it promotes a holistic management of uncertainty. Continue reading