The ISO 9001.2015 standard is out. Two important questions are: How did we get here? What happens now? Greg Hutchins, a Risk and Quality Expert, in his book “ISO: Risk Based Thinking 2015 Edition”, says we have gotten here through an evolutionary process, which, because of VUCA (Volatility, Uncertainty, Complexity and Ambiguity), requires a greater assessment of the external environment than is the case with just a quality focus. Continue reading
#111 – PREDICT FUTURE BENEFITS THROUGH EFFECTIVE RISK MANAGEMENT – KIRON BONDALE
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Benefits management needs to be practiced over the full lifecycle of the project and
beyond.
An integral component of benefits management is the regular re-validation of expected benefits. If this is not done, there is risk of continued investment without hope of a valid return based on changes to the assumptions and analysis supporting the original business case. Continue reading
CERM Risk News #37
#110 – T. ROWE PRICE INVESTS IN BALTIMORE WITH FINANCIAL EDUCATION – KELLY EISENHARDT
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To have the biggest impact companies need to invest in the communities in which they operate. T. Rowe Price believes Baltimore is worth the investment.
Renee Christoff heads T. Rowe Price’s Corporate Social Responsibility department, focusing on strategic, effective, and impactful ways for the firm and its associates to engage in the community. Continue reading
#110 – THE 4 BIGGEST MISTAKES IN COMPLIANCE MANAGEMENT – GREG CARROLL
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Mere compliance with a Framework is an insufficient audit approach; it is critical to assess whether it is current, timely, communicated broadly, and meets the needs of the business. The 4 biggest mistakes are:
- Not being Outcome focused
- Not using Risk base targeting
- Not Value Adding
- Not being timely Continue reading
