Naturally, a lot of time and effort in risk management goes into understanding the risks that you face. After all, if you don’t understand what you’re up against, there’s not a lot of risk management to be done. However, even when you complete a comprehensive risk assessment, this is just the beginning of the process. Now the real work starts and you have to answer the big question. Continue reading
Perhaps you remember the old aphorism “Exercise is the best medicine.” For at least the past 40 years, regular exercise has been universally recognized as being a healthful thing. Many people such as the late Jack LaLanne, who died at age 96, have been promoting exercise much longer than that. It’s clear that regular exercise protects people from many of the impairments that otherwise seem to be an inevitable consequence of aging. Continue reading
The term Black Swan has been used frequently. This is particularly so, with respect to the Coronavirus. In an earlier piece, I discussed the term Black Swan. Given the increased use of the term in the current circumstances, it is worth revisiting the concept. 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
[This article is the third in my COVID-19 series, helping organizations and people conquer the crisis. The first two can be found here and here.]
After the initial response to the emergence of COVID-19, businesses will have to organize themselves to survive the impact of COVID-19. Continue reading