Often when we request an analysis from an engineer we run with the results and don’t ask a lot of questions about the analysis itself. Having done a lot of analysis I am familiar with all the assumptions and estimations that go into making a calculation work. But that means that the results of the analysis are only relevant to those assumptions and estimations. The analyst may have to make the following “calls” without additional input or only a small fact-finding mission. [Read more…]
Guest Post by Greg Hutchins (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Did we get it all wrong? Wow! This could break our business model. Let me explain:
We developed Certified Enterprise Risk Manager® and all of our risk IP based on a simple fact. We live in VUCA time (volatility, uncertainty, complexity, ambiguity). We based our business business model on providing:
- Risk-based, problem-solving.
- Risk-based, decision-making.™
So, what’s the problem? [Read more…]