While rewatching the original Jurassic Park film I began thinking about it from a risk management perspective. When Malcolm, Grant, and Sattler arrive on the island, all is well. The dinosaurs are secured behind fences and John Hammond and his…
I would like to thank all the like-minded people around the world who agree “risk management is about people and processes and not about models and technology” …
The term SIPOC is an acronym for supplier, input, process, output and customer. It is a process documentation tool that complements a process diagram (boxes and arrows) and helps drive out the important and seemingly nebulous details of a process. Here’s an…
With new episodes of 1990s hit series The X-Files airing in January, it got me thinking about the show’s tagline “The Truth Is Out There” and how it applies to the cloak and dagger world of operational risk. The X-Files…
Day 1: Auditors and Zombies In a factory someplace, there are 20 workers whose job it is to continuously pass a ball to each other as quickly as possible. Watching this important work from a viewing area are 10 newly…
Here’s a story about a watermain break in the Montreal borough of Pierrefonds, Quebec which left about fifty homes without water for a couple of days. The West Island Gazette writes: Pierrefonds residents can expect two four-litre bottles of…
Once upon a time there were three little boys left unsupervised while on a field trip when one of them spotted a large crack in a window pane. So he tapped the glass once and nothing happened. Next, the second…
I’m off to Virginia Beach later this month so it seemed fitting that today’s post has a beach theme. This quote comes from Chapter 7 of Nathan Englander’s book “The Ministry of Special Cases” and you should remember these words whenever…
There’s an intersection in my neighbourhood that makes me nervous to drive through. Imagine a quiet suburban street that goes north-south which intersects the east-west streets that only have stop signs. I’ve observed that frequently cars travelling east-west roll…
My lovely wife wants to take me camping next weekend. I’ve never been camping but understand camping was a part of her life before we met. I’ve explained that I am not averse to camping despite the dirt, cold, sleeping…