#212 – DISRUPTION OF THE ISO MARKET – GREG HUTCHINS

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Greg-Hutchins-150x150By September 14, 2018, all ISO 9001:2008 and ISO 14,001:2004 companies will have transitioned to ISO 9001:2015 (Quality Management System) and ISO 14001:2015 (Environmental Management System).

This is a big deal in the standards world.  These standards are among the best selling standards in the world impacting more then 1.6 million certified companies. Continue reading

#212 – DESIGN ASSUMPTION RISKS – JOHN AYERS

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AAA-150x150Introduction

This story is about risk at the enterprise program/project level.  Design is based on primarily requirements and assumptions.  Meeting requirements is usually achievable if they are complete and clear. Soft or poorly written requirements are the source of cost and schedule growth for many projects. Assumptions made during the analysis or design phase if wrong are also a source of poor project performance. This story is one example of a bad assumption. Continue reading

#212 – CRITICAL RISKS AND ENTERPRISE RISK MANAGEMENT – JAMES KLINE PH.D.

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aIMG_4231-150x150In other pieces the Lloyd’s of London City Risk and the Natural Hazard Mitigation Saves studies were discussed.  It was noted that both studies provide an assessment of the costs associated with the adverse impact of risk events.  The Natural Hazard study focused on natural Hazards, while the Lloyd’s study incorporates both man-made and natural hazard risk events.  Continue reading

#212 – YOUR GOVERNANCE FRAMEWORK: ARE LIVES SAFE ON YOUR WATCH? – ANNETTE DAVISON

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Screen Shot 2018-07-21 at 8.38.46 AMIn June 2015, Paul Lau died in Macquarie University Hospital, after being admitted for a routine knee operation. In October 2016, a raft flipped over on the Thunder River Rapids ride at Dreamworld. Four people were killed. In a world that is moving towards customers being at the heart of everything, what happened to the focus on governance? Are lives safe on your watch? Continue reading

#212 – CONTINUOUS IMPROVEMENT OF THE RISK MANAGEMENT FRAMEWORK – FRED SCHENKELBERG

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ABC-Fred-150x150Systems and processes exist in our dynamic world. Each organization and situation is different. Just as there is not one risk management process that works for any organization, there also is the need for continuous improvement of an existing system. Continue reading