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

by Greg Hutchins Leave a Comment

Drivers of Change: Geopolitical, Energy and Commodity Risks: BCP Implications

Guest Post by Geary Sikich (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Unpredictability is the New Normal

As the world approaches 7 billion in population this year, there is an ever-increasing demand for food, energy and a voice in how things are run. How do these changes affect business continuity planners, you may be asking?

The simple answer is, they will have far-reaching effects on how business continuity planning is conducted.

No longer can we be satisfied with the assurance that our “hot site” is available, or that we can maintain business operations in the face of a pandemic; or that we can deal with the aftermath of a natural disaster. [Read more…]

by Greg Hutchins Leave a Comment

Risk Assessment: What Future are you Planning for?

Guest Post by Geary Sikich (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Introduction

There exists an overabundance of guidance for conducting risk assessments. Yet, it seems that we still have difficulty in getting risk assessments to reflect the appropriate level of concern for the identified risks that we are assessing. We also tend to view risk in relation to the place where we are employed and the industry that we work in. When we look at risk assessment from this perspective it should be clear that we are missing the point precisely, or at best, are being too narrowly focused, when it comes to assessing risk for our organizations. [Read more…]

by Greg Hutchins Leave a Comment

How Six Sigma Can Help You?

Guest Post by John Ayers (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Six Sigma is a powerful tool used to solve a problem or improve a process. The company (one of the 4 big defense companies) I worked for over 20 years lived, breathed and ate it every day. I became a six sigma specialist. For those readers not familiar with six sigma, I offer the following example to hopefully provide some insight into how it works and the benefits it offers. [Read more…]