If you ever find yourself saying; “There must be a better way”, I can guarantee you that there is. All we must do is find it. And, once a successful solution is suspected, try it. And when found, implement.
One of the biggest stones in my shoe was scheduling appointments and calls. It was a giganormous time-suck. Continue reading
This story is about risk at the enterprise program/project level. It is an example of centering your design around a high-tech solution to a problem when a low risk proven technology would have more than sufficed. Technical expertise ego got in the way of a practical low-cost approach resulting in unplanned schedule and cost growth. Continue reading
This risk story involves a major subcontract that went awry impacting the program and one of my company’s growth goals. The goal was to become the sole provider to the Navy for a mine killing system comprising two major components. One is an underwater kill vehicle and the second one is a launcher (from a helicopter). To accomplish this goal, we landed a contract with the Navy to design, build and perform tests of a small quantity of units (called first article units). Continue reading
Last year I read an article that said today’s risk managers are tomorrow’s CEO’s. I was intrigued and wanted to advance my career. This is my story with Carnegie Mellon University’s Chief Risk Officer (CRO) program.
The Carnegie-Mellon Chief Risk Officer (CRO) course is timely. Having attended the inaugural CRO course, some observations and thoughts might be of interest. First off, the curriculum, faculty, advisers, and facilities are all first rate. Continue reading
As businesses globalize and operate in an ever more interconnected (think social) world, consumers and stakeholders increasingly wield great power from a keyboard! Combine this with the pace of technical innovation and disruption (cyber, fintech etc) it is no surprise that traditional ways of viewing risk have started to change. Continue reading