CERM ® RISK INSIGHTS | Future of Quality: Risk™

#175 – REAL WORLD VOLATILITY: IMPLICATIONS FOR SCENARIO GENERATION – GEARY SIKICH

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Posted on June 5, 2017 by greg

Introduction

In the risk-neutral world, all business and government continuity planning would be risk-balanced. However, in reality, risks, threats, hazards and their consequences change depending on an organizations exposure, sensitivities to impact and other factors. For instance, a natural disaster, can occur without much warning and can have direct and indirect impact on an organization. Complicating the Business Continuity Planners life is a simple fact, events have unforeseen consequences that can rarely be planned for. Continue reading →

#175 – IS IT ‘WORTH THE CLICK’? – JOSEPH PARIS

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Posted on June 4, 2017 by greg

From the publicly-traded, multi-national conglomerates, to Girl Scouts selling their cookies (Thin-Mints rule), to the budding entrepreneur who opens a lemonade stand – and everything in between – there are all manner of companies and individuals offering a near infinite variety of products and services. And about as diverse as the companies and their offerings are, are the ways in which they attempt to build awareness (and the hoped-for resultant sales). Continue reading →

#175 – RISK TIP #6 – MANAGING SHARED RISKS – ROD FARRAR

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Posted on June 4, 2017 by greg

I have often been asked to provide insight into the management of shared risks, particularly by those working in Commonwealth Government Departments.

Element 7 of the Commonwealth Risk Management Policy states that: each entity must implement arrangements to understand and contribute to the management of shared risks. It goes onto to define shared risks as: those risks extending beyond a single entity which require shared oversight and management. Accountability and responsibility for the management of shared risks must include any risks that extend across entities and may involve other sectors, community, industry or other jurisdictions. Continue reading →

#175 – COMPENSATING FOR SHAREPOINT DOCUMENT CONTROL DEFICIENCIES – GREG CARROLL

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Posted on June 4, 2017 by greg

The benefits of SharePoint as a content management system and information portal tool are indisputable. With great search functionality and user definable portal pages SharePoint is now the leading Content Management solution chosen by most IT departments.

But what if your business demands strict document controls protocols, not just because it’s good practice but life depends on it? Unfortunately there is generally a poor appreciation by IT departments of the importance of document control in mission critical business. Continue reading →

#175 – ‘MY IDEAS ARE WAY BETTER THAN YOURS’ – EGOS IN ACTION – GARY HINKLE

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Posted on June 4, 2017 by greg

A leading electronics company suffered a setback when a systems engineer was pushing his own ideas hard, all the while belittling the ideas of others. It was clear to everyone he thought highly of his own ideas and expertise and not much of everyone else’s. The irony is that his approach for developing an important new product was actually great but ended up rejected because he alienated the rest of the team. Continue reading →