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Category "Risk"

There are 21 results found

Risk

Are We Out of Context?

In Clause 4 of ISO Standards using the High Level Structure (HLS) you'll see that we're required to identify 'internal issues', 'external issues' and 'interested parties and their requirements'. What possible value can this bring us? First of all, change ...

Communication is a Synonym for ‘Life’

This is a line from a video I used to show as a college professor back in the 80s. It has stuck with me ever since and I say it quite often. 'Communication' is getting harder with more distractions. Cell ...

Two Management System Mistakes We Make

Seth Godin is one of my favourite authors - a great thinker and terrific business person. Even though he's not 'ISO' his thoughts on 'systems' fit beautifully. The first mistake we make is the underestimation of the importance of something. ...

Why ‘Management by the Numbers’ Doesn’t Work…

Daniel Markovitz posted a blog called 'The Folly of Stretch Goals' in the Harvard Business Review. He outlined the dangers of using 'stretch goals' and gives some examples of unwanted behaviours that can result. He identifies three areas where 'stretch ...

Consider a ‘Process Approach’ for Risk

ISO 31000 is built on a 3-Part model for Risk Management. You'll find the overview in this post: Putting Risk in Its Place and this Video: Putting Risk in Its Place Clause 4 identifies the Principles and Clause 5 lays ...

Risk Framework – What’s In It For Me?

This is the second part of the ISO 31000 guidance model for 'Risk'. The section called 'Framework' follows the 'Principles' outlined in the last post and sheds more light on the need for a methodical approach to 'Risk'. The 'Framework' ...

Risk ‘Principles’ from ISO 31000

Any worthwhile Standard starts with a set of 'Principles'. ISO 31000 is no exception. Let's see if we can tie these Risk Principles into a typical ISO Management System. Value Creation and Protection is at the core of this section ...

Putting Risk In Its Place

Risk is all around us, all the time! So where does the 10,000 mile journey of 'risk management' begin? ISO 31000:2018 has some ideas and can get you started. Managing risk pays many benefits including the enhancement of Organizational Resilience. ...

Stop depending on final inspections!

Waiting until the end of your production cycle to do inspections is a recipe for disaster. By then, it's too late. You have time and money invested by this point and it's important to get a return on your investment. ...

The Challenge of Change!

Most of us like variety, but not everyone likes change. What I've discovered over the years is that if I decide that it's going to be different, I call it variety. If you tell me that it's going to be different, I ...