There exists an overabundance of guidance for conducting risk assessments. Yet, it seems that we still have difficulty in getting risk assessments to reflect the appropriate level of concern for the identified risks that we are assessing. We also tend to view risk in relation to the place where we are employed and the industry that we work in. When we look at risk assessment from this perspective it should be clear that we are missing the point precisely, or at best, are being too narrowly focused, when it comes to assessing risk for our organizations. Continue reading
Category Archives: Tips&Tools@Risk™
#124 – AN ANGEL IN DISTRESS – DAVID PATRISHKOFF
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This is the second CERM Insights article in a series about the application of Cascade Effect Thinking and tools to mitigate risks and transform them into dramatic improvements and even disruptive innovations for small, mid-sized and very large organizations.
More than a million ISO certified companies will have to integrate risk management with a risk assessment. We detail a case study how this can be done using quality risk tools. Four of 40 possible cascading risk assessment and management tools are demonstrated in this case study: Gamified Process Risk Mapping, New Process Wish List, Cascading Risk Map & the Future State Process Map. Continue reading
#123 – SHOULD MY KID GO TO COLLEGE? – VICTORIA LAI
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Nowadays, even an entry level job seems to require a college degree. But at what cost – to the student and to the parents?
So, you can guess what’s keeping me up at night! “Should my kid go to college?’ Or so, we have all been trained to think. Continue reading
#120 – DESIGN FOR MANUFACTURABILITY, REVISITED – TIM RODGERS
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I was going through some old papers the other day and discovered an article I wrote in September 1990 about design for manufacturability (DFM). I had just completed my first assignment at Hewlett-Packard’s now-defunct Printed Circuit Division, co-authoring a DFM manual for circuit designers to guide their decision-making when evaluating options. Continue reading
#118 – HOW DISRUPTORS CAN LEARN FROM THEIR FOREBEARS – DANIEL BURRUS
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In today’s vastly complex economic landscape, many companies would like to be the “disruptor” instead of being the “disrupted” — that is, they want to find a new niche in a certain industry, a problem no one’s yet been able to solve or one nobody’s aware of, and they want to exploit this niche and solve this problem, thereby upending their industry with next-gen technology and unprecedented business methods. Continue reading
