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…
A cannabis licence is like a child
Risks are all those things that prevent you from achieving your objectives. If you are a licenced Canadian cannabis producer whose primary activities “relate to cannabis cultivation, processing, production, and distribution” then proactively identifying and treating all the things that…
Superman Risks and Issues
It amuses me listening to people talk about risk management concepts when they don’t understand them. I once attended a meeting of project managers and witnessed a number of these Pretty Mediocre People argue about whether something was a risk…
Cannabis insurance is not the only kind of risk management
There is no shortage of Canadian insurance brokers and companies trying to sell medical cannabis businesses insurance products. While your business and property always need some insurance keep in mind that insurance is merely one treatment for managing your business…
Cannabis risk management
You’re a licensed producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR) and already being inspected by Health Canada. So what do you need more risk management for? First, what you are doing for Health Canada is not…
Thanks for quoting me
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” …
SIPOC: How my wife likes her tea
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…
Operational Risk: The Truth Is Out There
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…
Auditors, Risk Managers and Zombies
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…