stakeholders (2)

The Purpose of an Organization

8028231890?profile=originalHenry Ford

Edwards Deming described the purpose of an organization in New Economics, on page 51, as:

"The aim proposed here for any organization is for everybody to gain - stockholders, employees, suppliers, customers, community, the environment - over the long term."

Like so much of what Deming said that makes sense to me. It is my sense the "conventional wisdom" would state something more along the lines of the purpose of a company is to make money. I would not agree. Rewarding the owners is impo

Read more…

Understanding Risk

There's a lot of nonsense about risk and complexity at the moment, notwithstanding the good work by a few people.

Let's remember that at the heart of things there are people, experts, stakeholders, employees and communities. Everybody shares a little bit of information about what has happened, what will happen, what we need to watch out for, and for any given situation, what we need is a multi-level open discussion with everybody involved. The conversation needs to be a structured, balanced, coll
Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!