CERM RISK NEWS #8
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#77 – DID THE TITANIC FOLLOW ISO 31000 RISK MANAGEMENT GUIDELINES – DAVID PATRISHKOFF
ISO 31000 (Risk Management) and its supporting publications encompass an impressive and useful “to-do” list of risk management guidelines to create and protect the value of an organization. However, if an organization selectively pursues some of the ISO guidelines and ignore others, highly undesirable events and tragedies can occur. This is what happened with the Titanic. Continue reading
#77 – RETAINING KNOWLEDGE TO REDUCE RISKS – UMBERTO TUNESI
Mens Sana in Corpore Sano (A Sound Mind in a Sound Body).
It could also be translated that quality of life is more important than the span of life, the number of years you live.
Or that medicine’s task is not to add years to your life but the life to your years.
#77 – THE RISK OUTLOOK FOR 2015 – GREG CARROLL
It is customary at this time of year for most risk professionals to step back and take a broader look at the risk landscape ahead for the coming year. The normal starting point is the “think-tank” assessments of Global Risks such as Zurich Risk Landscape 2007-2015 and the WEF’s 2015 Global Risk Report. And Global Warming is at the top of most experts’ lists. Continue reading
#77 – RISKY BUSINESS – FRED SCHENKELBERG
Business is about taking risk, but risks need to be measured or at least estimated. Every time a business brings a product to market, these risks must be evaluated.
Creating a product or maintaining equipment is actually about our ability to manage risk. Various risks need to be identified and carefully considered. The most important of these from a reliability standpoint are safety risk, technical risk, schedule risk, and financial risk. Continue reading