CERM ® RISK INSIGHTS | Future of Quality: Risk™

#203 – IS YOUR RECENT GRADUATE LIFE AND WORK READY? – PROBABLY NOT! – GREG HUTCHINS

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Posted on April 29, 2018 by greg

This is the time of year when millions of kids are told if they’re getting into their college or university of choice. It’s a time of huge stress for kids and their parents.

The kids think that their life’s arc is going to be facilitated by a name university. The parents are anxious to see if their 18 years of mentoring and parenting have pointed their kid in the right direction for life and work. And, oh by the way: who’s going to pay for the educational launch pad (i.e. college)? Continue reading →

#203 – ENTERING A NEW MARKET GONE WRONG – JOHN AYERS

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Posted on April 28, 2018 by greg

This risk story includes risk at the enterprise level, the program/project level, and the product level. From the enterprise level risk, it was a little naïve on my company’s part to think they could go from zero not having manufactured any sonobuoys previously) to full up production the first time around without investing the time and finances to go up the learning curve prior to making the bid. From the program/product level risk viewpoint, the baseline plan did not include sufficient component and subassembly trial builds and testing before finalizing the concept, preliminary design and final design. Continue reading →

#203 – WAS BP’S CATASTROPHE IN THE GULF A DEFINING MOMENT FOR THE OIL INDUSTRY – GEARY SIKICH

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Posted on April 28, 2018 by greg

1. Introduction

The BP Deepwater Horizon catastrophe cast a shadow on the oil industry and its senior executives. Has the industry learned its lessons or will it be forced to repeat the same mistakes over and over again? Oil company executives and board members should have seen the Deepwater Horizon event is as a wake-up call for the industry. Continue reading →

#203 – LEVERAGING TECHNOLOGY IN PHARMA – JOSEPH PARIS

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Posted on April 28, 2018 by greg

I am not easily impressed by technology. In fact, I am often a contrarian and don’t easily buy into the hype of the “next great thing”. It’s probably a combination of factors.

One being that I started my professional career during the 1980’s and 90’s – a period of time when there was a veritable explosion in new technology. A period of time when technology titans such as Apple, Microsoft, Intel, and Oracle (to name just a few) were born. A time when mainframes were giving way to distributed computing and the internet was coming of age. Continue reading →

#203 – THE DISRUPTED OR THE DISRUPTOR: PICK ONE – DANIEL BURRUS

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Posted on April 28, 2018 by greg

What comes to mind when you hear the term “disrupt”? Does it suggest chaos, lack of direction or other unsettling events? Or do you see it from the other side of the coin—when you’re the one causing the disruption and, as a result, leveraging the opportunity that results?

If your organization has an anticipatory mentality, disruption is often synonymous with opportunity—that is, if you’re able to accurately anticipate the future and plan to act on it accordingly instead of merely reacting. Continue reading →