What you need to know about the ISO 9001:2015 Revision
ISO 9001 has been the quality management standard, with more than 1 million businesses certified around the world, according to American Society for Quality. ISO has had many revisions including, 1994, 2000 and 2008 versions, respectively. But the 2015 revision has an added element to consider– RISK. Continue reading
I recently opened an ISO 31000 Forum discussion on “Does anyone really understand Emerging Risks?” The discussion proved illuminating so in this week’s post I thought I would share a summary of the forum discussion. Continue reading
Definition – a situation in which people are afraid to criticize something because everyone else seems to think, or gives the impression of thinking, that it is good or important.
We all know the fairy tale by Hans Christian Anderson and the proud Emperor, opportunist swindlers, frightened people and childish innocence. Unfortunately many of us have also experienced it, to a greater or lesser extent, when it comes to what has really been specified or required under a contract and what the Client wants, or is prepared to pay for. Continue reading
What is the value added by certification of an established QMS? These would include:
1. Marketing of business with other Businesses: For example, when you are part of the OEM supply chain, certification by an external agency is largely seen as an additional feather in the cap. This is particularly true when the OEM encourages or mandates external third party independent certification. In such scenario, for the Organisation, Certification of the established management system definitely opens the doors of the OEM’s for doing business. Thus, it amounts to crossing of at least one hurdle. In such cases, without hesitation, it can be concluded that the value added by the certification is paramount & incomparable.
There’s a number of factors that should be considered when facing and fighting risk. Some of them can quantitatively or qualitatively affect the fight.
By quantitative aspects or factors I mean those that are most numerically present when studying a risk analysis project. By qualitative I mean those, that, although may be present as “trace elements”, determine the result of the analysis and the outcome of the risk prediction and prevention. Continue reading