#451 – POOR STRATEGY – INTERNAL ISSUES – OR EXTERNAL UNCONTROLLABLE FORCES – JIM TONEY CERM

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New Coke – A Strategic Blunder pre-dating ERM

Coca-Cola Company’s debacle entered the public consciousness on April 23, 1985 with the introduction of the then new formula that came to be known as “New Coke” replacing its original formula, “Coke”. (14) Continue reading

#451 – PROTECTING WORKERS FROM BIRD FLU – BILL POMFRET PH.D.

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Farms around the world are experiencing a surge in avian influenza A(H5N1) infections, commonly called bird flu, among poultry, dairy cows, and even some workers.

Here in Canada, and the USA the spread of bird flu among animal populations is being carefully monitored. While the chance of people becoming infected remains low, bird flu does pose a risk, especially to those who work with wild and domestic birds and animals. Continue reading

#451 – PURPOSE OF A RELIABILITY PROGRAM – FRED SCHENKELBERG

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The reliable performance of a system is important. It is important to the customer, to our business and to us.

Very few argue that we should ignore the reliability characteristics of a product. We also deem cost, time to market or feature set as important also. The trouble is we can measure the latter directly every day, where the reliability performance is often difficult to measure. Continue reading

#450 – BUILDING BLOCKS OF A SAFETY CULTURE – BILL POMFRET PH.D.

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he Safety culture is rightly a preoccupation for health and safety professionals. It’s not a luxury; it’s not even a choice. Every organization has a safety culture, but not all ensure the workforce is adequately protected. The holy grail of a strong safety culture allows those managing an organization’s duty of care to employees the chance to oversee a system in which everyone takes responsibility for their own health and safety and each other’s. Continue reading

#450 – THE RISE AND FALL OF ERM? – JAMES TONEY CERM

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This article was conceived in the first months of 2023 when large stock price declines in well-known corporations began to occur.   These declines signaled something possibly amiss with decisions concerning corporate strategy, reputation, financial well-being, marketing, or external market conditions.  Rather than react to these early events, publication was postponed to gather additional and more varied information regarding executive-level decision outcomes affecting business strategy and ultimately business success. Consequently, publication of this article was delayed until July 2024. Continue reading