Recent articles in healthcare journals reveal a sad truth: hospitals are still not as safe as they should be. One article states that one in three patients are harmed during a hospital stay and of this 33%, 7% either die or are permanently harmed. Continue reading
Do you let events happen to you, or do events follow your designs and expectations? Are you a spectator or an actor? Do you wonder about your product’s future or do you control your product’s future? Are you reactive or proactive? Continue reading
KeyBank has a strong culture of aligning community and employee engagement in the name of corporate responsibility. With a focus on creating new employee behaviors that enable sustainable operations, KeyBank launched its first ever Green Office Week. The purpose of this week was to launch a collection of events aimed at getting employees involved in company-wide efforts to increase efficiency, improve the environment, and promote health and wellness. Continue reading
Yes, ISO 31000 is an ERM System.
But, in ISO 31000 terms ERM stands for ‘Enhanced Risk Management’, which is the standard’s equivalent to Enterprise Risk Management.
ISO 31000 Annex A describes the ‘Attributes of Enhanced Risk Management,’ which is the ERM equivalent for ISO 31000. Continue reading
Enterprise Risk Management (ERM): is a process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of a risk to an organization. It expands beyond a daily run of the mill operational management! A true ERM program will have its scope expand to strategic, financial, reputational, human resource and business continuity as well as operational and legal risks. Continue reading