CERM ® RISK INSIGHTS | Future of Quality: Risk™

#234 – THE TRANSITION FROM LEGACY ARCHITECTURES: APPLICATIONS TO SERVICES – HOWARD WIENER

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Posted on March 9, 2019 by greg

In the previous post, we examined some of the characteristics of early application systems, through the lens of the tools employed to build and operate them, and the impact of these characteristics on the organizations that used them. Clearly, limitations of the available technologies imposed constraints of how and how fast companies could adapt and transform to reposition themselves in the markets in which they operated, exploit opportunities and respond to business threats. Continue reading →

#234 – ‘WHAT IS COLLATERAL RISK: AND WHY SHOULD I BE WORRIED ABOUT IT?’ – GEARY SIKICH

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Posted on March 9, 2019 by greg

Introduction

The Law Dictionary defines Collateral Risk as:

The RISK of loss arising from errors in the nature, quantity, pricing, or characteristics of COLLATERAL securing a transaction with CREDIT RISK. Institutions that actively accept and deliver collateral and are unable to manage the process accurately are susceptible to loss. A subcategory of PROCESS RISK. Continue reading →

#234 – WHY WOMEN SHOULD TAKE RISKS AT WORK? – ELIZABETH LIONS

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Posted on March 9, 2019 by greg

It’s scary.

Stepping out of your comfort zone and taking risks. Especially when it can backfire and cause you your paycheck.

Even the most confident women have a flinch point when it comes to risk. She often knows her limits and capabilities so well that she is completely content to keep producing high quality without the risk of well…risk.

Continue reading →

#234 – ‘FROM PERFUNCTORY TO PREDICTION’ – GETTING VALUE FROM WATER QUALITY DATA – ANNETTE DAVISON

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Posted on March 9, 2019 by greg

The Framework for Management of Drinking Water Quality (Australian Drinking Water Guidelines) includes several requirements for water supply system monitoring. You’ve been collecting water quality data for years. You will be doing compliance reporting. You will probably be doing some short-term trending analysis. You might be doing long-term trending analysis. Continue reading →

#234 – PERSONALIZED MEDICINE CANNOT COME TOO SOON FOR ME – ALLEN TAYLOR

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Posted on March 9, 2019 by greg

A commonly prescribed medication could have killed me. “One size fits all” medicine works fairly well most of the time for most people. But what about those people who don’t fall near the mean? What about the outliers? Aside from that, none of us are truly average. Even identical twins are not exactly the same at birth, and as they age the difference between them grows ever wider. Continue reading →