Your Reliability Engineering Professional Development Site
Effective execution is a matter of dealing with scarcity: a scarcity of time, a scarcity of resources, and scarcity of information (although too much information can also cause problems). Tools like a risk assessment help manage this scarcity by prioritizing things to allow you to better allocate resources on what’s most important.
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Enterprise Risk Management (ERM) is a relatively new concept (been around 10-12 years). It is a top down approach to business system management and execution It is a risk-based problem solving and decision-making process. Everything is looked through a risk prism.
I suspect that many of the companies that have adopted ERM have not implemented it to the fullest extent of its capabilities. The reason is it takes a cultural change to do so and many companies do not know how to do it. This paper by example explains how to change the culture in a company to fully and completely implement ERM. [Read more…]
Organisations exist in a dynamic world where business uncertainty and socio-political volatility can adversely affect their existence. The mass of data available and the contradictory interpretations that can be made add ambiguity and complexity to the mix. Our modern day organisations, or at least their management or leadership team realise, or should realise, that their operating environments are changing and, in order to adapt and survive, they too need to change.
“Hi, I’m Andrew, and I have a weakness for data.”
There, I said it.
I love spreadsheets. I love national statistics. I love primary sources.
I could probably have completed my Master’s dissertation without an extension if I had just accepted that cited quotes were valid instead of looking for all the original sources*. And I don’t need to read the last three years of a company’s annual reports before I have a 20-minute call with them.
Studies show most projects fail due to poor management of known risks. The known risks on a project are:
The question is how do we manage known risks better? Known risks can be significantly mitigated with application of basic Project Management methods and processes.
This article will address scope. The other known risks will be addressed in separate articles.
On July 17, 2020, the American Council for Technology – Industry Advisory Council (ACT-IAC) issued a report entitled “Delivering Outcomes, Building Trust”. The ACT-IAC is a non-profit educational organization established to create a “more effective and innovative government”. The report provides some ideas on how the United States Federal government can become “more resilient, adaptable, and responsive.” This piece will look at the report and its recommendations.
Fifty years ago, having your own car was a sign of adulthood and your ticket around town. But that is all going to change within the next five to ten years due to rising CO2 levels and a new trend called Transportation as a Service. TaaS sits at the intersection of four technical macro trends. These are:
A while back, I felt that pretty much everything was out of sync and I was highly disorganized. There was a growing list of undone things whether that was around the house, at work, with my family, or at the places where I volunteer.
It was definitely time for a reorganization.
A few weeks later, things were back in order (I even had time to write again), and a big part of my reorganization was refocussing on the systems I use for productivity.
On 10 August 2020 the US Midwest experienced a Derecho that brought widespread devastation to many areas. A Derecho is a widespread, long-lived, straight-line wind storm that is associated with a fast-moving group of severe thunderstorms known as a mesoscale convective system. Derechos can cause hurricane-force winds, tornadoes, heavy rains, and flash floods. As depicted below the 10 August 2020 Derecho spanned serval states over a 12 hour period.
Have faith to seize on opportunities that come your way (but the risk is within us!)
Everyone has opportunities. But it is up to us to seize the opportunities that come our way!
There will be opportunities to build lives, to better ourselves, or to serve the community.
Often, the end of the risk assessment feels like the end of the process and things start to ease off. Unfortunately, this is when the real work begins because, now that you have identified and prioritized your risks, you need to do something about them.
There are several options when it comes to dealing with a risk but it’s risk treatments I want to focus on here. These often go askew when mitigation measures aren’t designed carefully. This wastes resources and the risks aren’t reduced.
In several pieces for Insights, I have discussed the decline of ISO 9001 certifications, the internal and financial problems ASQ is experiencing and the implications for the quality profession. Recently I was on the ASQ website. There are several references to Quality 4.0. This article will look at Quality 4.0 and its implications for the Quality Profession. It will also provide an update on ASQ’s financial problems and the possibility it will declare bankruptcy.
The initial journey to create “sustained success” got off to a difficult start in 1987 when the intent was for quality managers to implement ISO 9004 followed by ISO 9001 for certification purposes. ISO 9004 was viewed as being associated with TQM. The extra work that was needed to fulfill TQM led organizations to use ISO 9001:1987 alone to certify their processes.
Today, there is a lot of attention and discussion regarding future work. How will new technology impacts jobs? What will it look like? What jobs will be eliminated? What will the future jobs look like? How should I prepare?
It is difficult to identify with any accuracy what jobs will be eliminated and what new jobs will be available. My advice is to focus on skills. What skills will help ensure job security in the future? This is the real question.
“Well, there was the kidnapping. Is that something you’re interested in?”
It was our last day of a week-long site security survey. We were meeting with the site manager to wrap up our visit but this was the first time we had heard anything about something as serious as this.
So yes, a kidnapping was something we were very, very interested in learning about….