There has been a lot written lately of the “Gig Economy” – the notion that, in the future of earning a living, there will no longer be jobs, just work. It’s an earnings environment where the supply and demand for skillsets are contracted between those that have a need and those who can fulfill that need. Continue reading
#163 – COMPLEXITY: THE WAGER – ANALYSIS OR INTUITION? – GEARY SIKICH
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Business Continuity professionals need to rethink some of the paradigms of the practice. All too often we tend to fall back on what are considered the tried and true ways of doing things. This essentially leaves us in two camps; the first, evolved out of information technology and disaster recovery and the second, evolved out of emergency preparedness (tactical planning), financial risk management (operational) and strategic planning (strategic). These two camps each offer much to be desired. Continue reading
#163 – WHEN MANAGEMENT DOESN’T LISTEN – FRED SCHENKELBERG
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A Bloomberg articles details the Takata airbag recall series of events. The line that caught my attention is:
…company documents suggesting that Takata executives discounted concerns from their own employees and hid the potential danger… Continue reading
#163 – SYNTAX ERRORS IN HEALTH INFORMATION SYSTEMS INCREASE PATIENT RISK – STEVEN BRADT
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Incorrect interpretation of drug abbreviation’s can lead to serious harm for patients. Consider the following: At 7:00 AM, Jane, a registered nurse enters the details for Mary, the last of her five patients as she completes a 12-hour shift. As the day begins, Ann is checking on patients and reviewing their charts. She is confused by an abbreviation “MTX” for a medication given to Mary at 4:30 AM. It can be interpreted as methotrexate (used for rheumatoid arthritis) or mitoxantrone (a cancer drug). Continue reading
#163 – #2 BEST JOB – RISK MANAGER – GREG HUTCHINS
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“One Thing is Certain: 2017 Will Be the Year of Uncertainty for CEO’s’”
Shouted a recent Wall Street Journal article.[1]
Why?
Let’s look at the reasons at why we live in VUCA time (Volatility, Uncertainty, Complexity, and Ambiguity).
- President Trump is disrupting business rules and business models.
- Technological change is increasing.
- Mass immigration is resulting in political divisions.
- Climate change is real and increasing.
- Globalization benefits are unclear due to job and work transference.
