Go out on a limb. That’s where the fruit is.||
Jimmy Carter – U.S. President

Working It in VUCA time emphasizes Risk Based, Problem Solving (RBPS) and Risk Based, Decision Making (RBDM), which are the essence of self-management, execution, career resilience, and career agility.

Years ago, our mantra was risk management should be part of the tool box of all engineers.  Why?  Engineers live and work in the world of uncertainty and risk.  Then things changed.  In VUCA time, we say that risk is the entire toolkit and lens for ALL work and living in VUCA time.  McKinsey, the global consulting firm, explains the connection between problem solving and decision making:

[Read more…]

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

“Department of Defense (D0D) acquisition must improve program while working within budgetary constraints. The DoD community shows an interest in utilizing Agile methodologies, but struggles to reap Agile’s benefits. They encountered challenges including the historically built-up processes that enforce heavy-weight oversight, the outdated, manufacturing focused Work Breakdown Structure (WBS) provided in DoD Handbook: Work Breakdown Structures (WBS) for defense Material Items (MIL-STD-881C), and the inability of traditional waterfall-based process to accommodate iterative development.

[Read more…]

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

Gallup’s State of the Global Workplace: 2022 Report found that only 21% of employees are engaged at work and 44% of employees experienced a lot of stress on the previous day – both findings are up 1% from 2021.

In one of the largest studies of burnout, Gallup found the biggest source was “unfair treatment at work.” That was followed by an unmanageable workload, unclear communication from managers, lack of manager support and unreasonable time pressure.

Disengagement and stress in workplaces are good indicators of an organisation’s workplace climate. They can also provide insights into potential issues with the organisation’s culture.

[Read more…]

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

If your business is going to survive, you must be able to read and react to changes in your markets and continuously improve your competitive position.  It’s more important now than it’s ever been.

SWOT is a model often employed to characterize a company’s competitive position in terms of Strengths, Weaknesses, Opportunities and Threats.  If a competitor creates a new offering that you can’t match, that’s a weakness.  If you have one that they can’t match, it’s a strength. 

[Read more…]

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

People!  People in positions of authority wish for popularity, they may demand respect in one way or another but, above all, being trusted is perhaps the most desirable.  Trust, they say, needs to be won, respect is awaited expectantly but not necessarily given enjoyably, and popularity is fleeting.  In the absence of trust and respect, and despite any feelings of friendship or congeniality, toxic environments can prevail even though their obnoxiousness is well known as is the souring effect on human relationships.

Everything, at some point, involves people and relationships of some sort will develop in one way or another.  Psychologically speaking, relationships are based on individuals and their personal needs or desires for socialising and maintaining both a physical and emotional balance.  The same is also true of groups of people.

[Read more…]