Tag Archives: enterprise risk management

MORPHING PROFESSIONS

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Qur firm – Quality + Engineering – provides professional engineering, forensics, and risk management.  In the last two months, we’ve been contacted to:

1.  Manage outsourced quality operations.
2.  Reframe a much smaller quality group into a risk management group.
3.  Do a combination of the above.

Is the quality profession morphing, disappearing, or maturing?  Or, is this an anomaly to the quality profession?  I don’t think so!

We’re seeing more than one profession changing dramatically.  As I read the NY Times and Wall Street Journal, it’s happening to the legal, marketing, journalism and most professions.    Newly minted lawyers can’t get jobs.  Top law firms are changing their revenue models, revamping their partnership models, or are folding.  Marketing is moving on line, which requires new technical skills.  Journalism is also moving online.

So, the critical questions for most of us are:

  • What changes are happening in our profession?
  • How are we keeping current?
  • What value are we adding to our organization or customers?

 

IEEE ComputerWise- Two US Appeal Court Opinions Throw Software-related-theft Laws a Curve

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From http://newsmanager.commpartners.com/ieeecw/issues/2012-05-02-email.html:

IEEE ComputerWise
Software, Systems and IT: News and Analysis May 2, 2012

Two US Appeal Court Opinions Throw Software-related-theft Laws a Curve

by Robert N. Charette
The U.S. Congress may have to revamp laws that ostensibly set the rules regarding what constitutes illegal activity when it comes to information technology. The U.S. Court of Appeals for the Ninth Circuit overturned the conviction of someone charged with stealing proprietary data from a former employer, reasoning that the wording of the law that prosecutors said he violated points specifically to hacking into computer systems and not the misappropriation of information residing there by an otherwise authorized user. A day later, a separate appeals court overturned the conviction of another defendant whose lawyers successfully appealed his conviction for violating that same law and two others—again arguing that the facts of the case didn’t fit the wording of the criminal statutes.

CERM Bootcamp Lessons Learned

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We just ended our first Certified Enterprise Risk Manager(R) Bootcamp in Seattle.  Five days of risk bonding, sharing of risk information, and risk learnings.  it was a great success.

We had a number of lessons learned:

Enterprise Risk Management (ERM) is reshaping many industries from pharma, electric power, water, food, etc.  These industries are developing ERM standards.  The challenge is that many of these standards have not been deployed or adopted.

Adoption of ERM is still early in most companies.  Publicly held companies often have mature ERM as part of their internal control over financial reporting programs to comply with Sarbanes Oxley and other regulations.  The operational ERM programs are still in their infancy.

Material risks are more often in operations, technology, and IT.  Engineering, IT, quality, supply management, and other operational professionals need to learn and implement risk management in their areas.

Tell us your ERM experiences?  Are they the same as our lessons learned?

Morphing Professions – Greg Hutchins

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Greg Hutchins pixQur firm – Quality + Engineering – provides professional engineering, forensics, and risk management.  In the last two months, we’ve been contacted to:

1.  Manage outsourced quality operations.
2.  Reframe a much smaller quality group into a risk management group.
3.  Do a combination of the above.

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IEEE ComputerWise- Two US Appeal Court Opinions Throw Software-related-theft Laws a Curve

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From http://newsmanager.commpartners.com/ieeecw/issues/2012-05-02-email.html:

IEEE ComputerWise
Software, Systems and IT: News and Analysis May 2, 2012

Two US Appeal Court Opinions Throw Software-related-theft Laws a Curve

by Robert N. Charette
The U.S. Congress may have to revamp laws that ostensibly set the rules regarding what constitutes illegal activity when it comes to information technology. The U.S. Court of Appeals for the Ninth Circuit overturned the conviction of someone charged with stealing proprietary data from a former employer, reasoning that the wording of the law that prosecutors said he violated points specifically to hacking into computer systems and not the misappropriation of information residing there by an otherwise authorized user. A day later, a separate appeals court overturned the conviction of another defendant whose lawyers successfully appealed his conviction for violating that same law and two others—again arguing that the facts of the case didn’t fit the wording of the criminal statutes.