Webinar on Risk Guidance

Joe Cruse

Registered
Though it wasn't hinted at, I'd assume they'll "perform" a sequel, "Climate Change, The Risk Assessment Thou SHALT Perform". In it, we'll learn why all registered, and those to come, are simply not smart enough to stay in business on our own, and so they will teach us, beginning with the ONLY risk worth assessing. Seriously folks, none of those other things you've been considering for years, decades, etc are even worthy of considering, THIS is the only one worth thinking on, and we MUST point it out to you and SHALL it on you, so you don't mess up.
 

Mike S.

Happy to be Alive
Trusted Information Resource
The sad thing is, they probably think it is excellent, fawning over each other after it was done. No doubt there is one Cove member dying to tell us how awful we are for being critical of this masterpiece.
 

Joe Cruse

Registered
The sad thing is, they probably think it is excellent, fawning over each other after it was done. No doubt there is one Cove member dying to tell us how awful we are for being critical of this masterpiece.

I can appreciate the concept of it, but the implementation, well, not as much. Sure, do a webinar on this, but why not bring in a handful of EXPERIENCED registrar auditors or other folks who are on the "front lines" every day with this subject and are exposed to the concept of Risk Guidance all of the time from their client base (if there were only some on-line places like this, hmmm :p). These folks have first-hand "research" on the subject, seeing implementation of this concept in ways that are world-class, good, average, not great, poor, and non-existent. This would be a discussion panel with some good information that would be applicable to the subject, to go along with what I saw in this webinar.
 

Cari Spears

Super Moderator
Leader
Super Moderator
Bless their hearts.

Maybe if the target audience is undergrad biz school students, this introduces some broad concepts to prompt some classroom discussion around forking risk and opportunity. But at least here it is solving anyone's low blood pressure...

I think what is most disappointing is that this is not a conversation. It is obvious that the questions were given in advance and the answers are scripted. Very performative. For other TC 176 members.

Anyone know how to get on the TAG for TC 176 or ISO/CASCO without trying to convince my employer to join ANSI? :)
"Bless their hearts." :lol:
 

Bev D

Heretical Statistician
Leader
Super Moderator
It is the experts who actually execute successful risk assessment every day. We are out there, but who would look for us? And what criteria would they use to know they have actually found us?
 

jmech

Trusted Information Resource
It is the experts who actually execute successful risk assessment every day. We are out there, but who would look for us? And what criteria would they use to know they have actually found us?
What criteria would you use to know if a risk assessment was successful?
 

Bev D

Heretical Statistician
Leader
Super Moderator
What criteria would you use to know if a risk assessment was successful?
What I have done for the past 2+ decades is a 3 prong approach based on time.
1. Each risk assessment for products & processes (software - materials - hardware - processing, etc.) is reviewed and approved by a senior body of engineers and scientists to ensure that the assessment was properly done and that nothing obvious was missed. This approach has been very successful in reducing the number of surprises from changes.
2. Each change is monitored for surprises and each Problem that occurs has it’s systemic as well as physical causal mechanism determined. If the causal mechanism was a result of a change and that change was either not assessed or the assessment missed it, then processes and procedures are revised as necessary to improve the risk assessment process. this isn’t’ as difficult as one might think when you have a robust monitoring process and problem solving process.
3. A comparison of time periods with different risk assessment robustness can be done to show the number of surprises going down as teams get better at risk assessment.

‘Business’ or supplier selection risk assessment is more difficult to assess as the time frames are much longer and too often the supplier selection is done by gut feel or personal relationship in many cases. It is often simply a post hoc exercise that might be done 5 0r 10 years after the initial contracts. While it can be quantified - and I have done it - it takes consistency and continuity of purpose as people move into and out of roles over a 10-20 year time span. The information must be institutionalized.
 
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