#152 – THE DERATING AND SAFETY MARGIN MANUAL – FRED SCHENKELBERG

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ABC FredDo you have derating & safety margin manual in your organization? Is it used regularly? If not, your organization’s products are likely not as reliable as they should be. You are shipping products that are not as robust nor as reliable as your customers deserve.

Derating and safety factors provide a means to select components or create design features that have sufficient margin to accommodate variation in use and strength over time. So why are these tools routinely ignored or given only fleeting attention? Continue reading →

#152 – CAN RISK MANAGEMENT EVEN BE EFFECTIVE – ALEXEY SIDORENKO

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SIDORENKOLately, everyone, from the government agencies to regulators to corporate board members, seem to be talking about the need for better, more effective risk management. The challenging part is that, despite the guidance provided in ISO 31000:2009, the concept of risk management effectiveness still remains vague. This article attempts to summarize the basic components of effective risk management which should help risk managers to respond to the challenges set by regulators and shareholders. Continue reading →

#152 – WHEN YOUR ‘A PLAYER’ QUITS THE TEAM – ELIZABETH LIONS

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Lions gold podiumTake a moment and really look at your team. My sense is that you know exactly who your A player is, but have you bothered to check in with them and ensure they are happy? It’s easy to work day after day and rely on that one person that can hit all the deliverables and never really pay attention. Suddenly, (or at least it seems sudden), they give notice and you are stuck wondering how you’ll ever go about replacing them.  Continue reading →

#152 – ON FARRAH FAWCETT, HEALTHCARE PRIVACY AND BLOCKCHAIN – JEFF HARRIS

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AAA-Jeff-150x150Farrah Fawcett, actress and model, was diagnosed with cancer in 2006. She battled the disease until her death in 2009, the details of which were widely publicized in tabloid magazines often before she had a chance to tell her friends and family. In an interview in 2009, given just before she died, she is quoted as saying, “It seems that there are areas that should be off limits.” Of course she was a celebrity, the average person has nothing to fear, right? Continue reading →

#151 – RISK MANAGEMENT FOR IMPROVED RELATIONSHIPS – JOHN AYERS

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AAARisk management methodologies are utilized today in many industries and companies successfully to minimize risk impact to the company and projects. In light of this, my question is: can risk management be applied effectively to new relationships to maximize the probability of a successful relationship? I explore this idea below. Please keep in mind that I have presented a simple picture of risk mitigation to get my points made. Continue reading →