The high cost of low quality and product rejection are one of the major challenges that face organizations. Solving this through improved quality management is the right approach.
Many businesses are pursuing master quality management and global synchronization to create efficient and standardised integrity that can in turn mitigate the hidden costs of inaccurate and flawed product quality. Continue reading
Changes in every industry, standard, specification and code are inevitable. So is the need for quality professionals to keep up with these changes as they occur. Trained and experienced quality professionals—such as quality assurance and quality control managers; health, safety and environmental managers; auditors; and consultants—all play essential roles in the continued success of organizations.
It’s vital that they stay abreast of changes in their industry and applicable standards. Management systems are continually changing and so must the quality professionals who implement, audit and maintain those systems. Continue reading
Based on my years of experience, the secret to effective Project Risk Management is what I call the four cornerstones: Project Management; Earned Value Management; Risk Management; and Subcontract Management. This paper explains why. Continue reading
The first time I attended a conference about Supply Chain Risk Management I learned the definition of Insurance: The transfer of risk for a fee.
I had to ponder the definition for a few moments before I could digest it, but it is actually true: When you insure your car for total loss, it is the insurance company the one that runs with the risk of the car being damaged in an accident, but you pay a fee for that transfer. Continue reading
Some people live longer than others. Why is that? Setting aside life-shortening causes, such as accidents, violent acts, and infectious diseases, some people seem to age more slowly than others. Their physical and mental powers decline at a slower rate. Some of this is due to lifestyle and diet choices, but there is more to it than that. Continue reading