In our daily lives we often become immune to risks around us. For example, there are around 40,000 annual fatalities from automobile accidents in the US and yet we do not think twice before getting into their cars. We eat a burger ignoring the risks of heart problems!
[Read more…]on Risk & Safety
A listing in reverse chronological order of articles by:
- Greg Hutchins (editor) — CERM Risk Insights series
- Doug Lehr — Equipment Risk and Reliability in Downhole Applications series
- Sanjeev Saraf — Operational Risk, Process Safety series
Searching for Risk in All the Wrong Places
Guest Post by Geary Sikich & Sara Robertson (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Much like the song, “Lookin’ for Love in All the Wrong Places” sung by Johnny Lee; risk management professionals need to ask the question “Are we searching for risk in all the wrong places”? Are risk professionals being deluded or deluding themselves by seeing risk based on media driven analysis; applying outmoded tools, models, etc. that no longer reflect the reality of risk?
[Read more…]Primer On Pipeline Integrity Management
A few weeks ago I met with Cesar de Leon who is a pipeline safety expert (http://www.pipelinesafetyconsultant.com) – he worked at the DOT Office of Pipeline Safety for over 23 years and currently resides in Boerne, Texas. Cesar was telling me about legal and technical issues arising in the field of natural gas pipelines from existing regulations… I will discuss these issues in greater details in latter posts. Before getting into current issues, I would like you to read the following guest post from Cesar that provides a brief overview of pipeline integrity management plan.
[Read more…]Could a ‘No’ as any other Word be a Positive?
Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
What’s in a word?
The right word at the right time can make all the difference between a successful negotiation with an amicable agreement and collaborative banter, or a bitter and twisted tête-à-tête with an entrenched stand-off, raised hackles and, at best, fog-horn diplomacy. But what is the ‘right word’; unfortunately, it depends on the time and place and people’s personality but one thing is almost certain, if it begins with “n” it is oftentimes not considered to be right and many consider it to be downright wrong.
[Read more…]Will Your Refresher Training Work?
In the last two years, I have traveled significantly…have an elite status on three airlines and lots of frequent flyer miles. There are quite a few aspects of a trip that are routine and boring. One such thing is the safety announcement or video at the beginning of each flight. Why do they have it?
[Read more…]Bruce Turner – Future of Internal Audit – Howard Wiener Interviewer
Interview by Howard Wiener of Bruce Turner (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Bruce is an active company director and audit committee chair. He is a well-respected transformational leader with deep and broad professional governance, risk, compliance and audit experience. He was appointed a Member of the Order of Australia (AM) in the Queen’s Birthday Honours of 2015 in recognition of his significant service to public administration through governance and risk management practices, and to the profession of internal auditing.
[Read more…]Overview Of Chemical Plant Security
Chemical Facility Anti Terrorism Standard (CFATS) came into force on Nov. 20, 2007 as a Federal Regulation under 6 CFR 27. This set into motion the process of assessing threats to chemical plants and refineries in the U.S.
[Read more…]Learning Curves: A Bitter buy Undeniable Risk!
Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Despite our collective educational establishments that purport to teach so that people can learn, ‘education’ is not necessarily learning. Mark Twain wrote disparagingly that “Education consists mainly in what we have unlearned” and also that he never let schooling interfere with his own education. Education is not necessarily knowledge and real learning comes from the application of theory tempered with experience which will make for better decisions and better outcomes. Benjamin Franklin’s words from over 200 years’ ago “Tell me, I forget. Teach me, I remember. Involve me and I learn” still ring true today.
[Read more…]GAO: CSB Not Meeting Its Statutory Mandates
According to a recent report (Aug. 2008) from the Government Accountability Office (GAO), the Chemical Safety Board (CSB) is not in compliance with its statutory mandates. The CSB is an independent federal agency charged with investigating industrial chemical accidents and has been in operation since 1998. GAO report states that CSB is not investigating all chemical releases that have a fatality, serious injury, substantial property damage, or the potential for a fatality, serious injury, or substantial property damage. [Read more…]
Serviceability
The technician explained it to me like this: “The part costs only $5, but I need to disassemble other stuff to get to it, so my labor charge will be $300. But don’t worry, I replace lots of these.”
[Read more…]Anticipatory Leaders Leverage Future Facts (TM)
Guest Post by Daniel Burrus (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
We cannot turn back the clocks and undo the damage the pandemic has done, but we can move forward with an anticipatory mindset and a firm plan of action. For many decades now, and in all industries, digital disruption has been on an exponential curve upward. Because the pandemic forced us to turn to technology for help on both a personal and business level, the pace of technology-driven change increased dramatically, far beyond merely exponential levels. Now that this change has been set in motion, the question remains: What do we do now?
[Read more…]Is Your Organization Making The Right Decisions?
Eating a few fries this one time will not increase risks of a heart attack. Plus I like the fries from this joint. I’m ready to order!!
That was a relatively easy decision; however, there are certain decisions that are more complex and may have significant implications to your organization’s future including organizational safety.
[Read more…]Victoria’s New Risk Management Framework
Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Enterprise Risk Management (ERM) is considered an important management tool and part of good public sector governance in Australia. The Commonwealth of Australia and the states of Victoria and New South Wales have implemented ERM. In addition, the states of Tasmania and Western Australia have issued good governance frameworks which include risk management. This piece will provide a historical overview of the risk management approach used by the Australian State of Victoria. It will then discuss the changes made in the 2020 revisions to its 2018 Victorian Government Risk Management Framework.
[Read more…]Developing Trust While Communicating Risks
Communicating risks to public from chemical or nuclear facilities is a major challenge. We notice this over and over again with EPA community-right-to-know, nuclear power plants and lately with the LNG facilities.
[Read more…]Survivability
The wellsite is 200 miles offshore, and based on experience with the application, your team is confident about reliability. But will the downhole tool survive the journey to setting depth?
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