All Posts (5859)

Sort by

Taiichi Ohno, a Japanese industrial engineer, is regarded as the founder of the Toyota Production System. Ohno discovered seven lean wastes (Muda in Japanese) in manufacturing processes while looking for better ways to optimise resources (the 8th waste was added in the 90s).

The 8 wastes are known as TIMWOODS —

  • Transportation
  • Inventory
  • Motion
  • Waiting
  • Overproduction
  • Over-Processing
  • Defects
  • Skills

The 8 waste methodology was initially designed for the automotive industry. However, as time passed, multiple i

Read more…

What is LED Lighting?

LED refers to the light-emitting diode. Incandescent light bulbs are not efficient while LED lighting products efficiently produce 90% more light. Moreover, LED lighting is a type of lighting that uses Lead-emitting diodes are transform electrical energy into light.

LED Lighting works

LED bulbs and LED lamps are everywhere from industries, offices, vehicles, homes, and almost any other place. In this article, we would be exploring various things about LED lights and how it affects our daily act

Read more…

We seem to be living in a golden age of software. Applications have rendered almost every business function a more-efficient one, more consistent in following best practices, and more capable of producing data-rich reporting for executive decision-making. If you started a new job, you would most likely be surprised if they were not using a centralised system, imagine joining a finance team with no finance system or a sales team with no CRM!

These systems become the lynchpin of their departments

Read more…
Views: 393
Comments: 1

9299155087?profile=RESIZE_710x

 

In this week's blog post, we're sharing insights on our latest interview with Alex Tarter, CTO and Chief Cyber Consultant of  Thales UK Branch and director of TurgenSec, which is an innovative London based InfoSec startup. TurgenSec made a bit of a splash in the information security space with the responsible disclosures including Virgin Media, Gates Foundation, many law firms, and most recently that Philippines government. Our topic for today is information security strategy and concepts aroun

Read more…
Views: 84
Comments: 0

Risk management is not a one-time or limited-time activity — it is a continuous process that must constantly operate properly. This is also why achieving ongoing progress in risk management can be so difficult for organizations - it needs year-round monitoring and dedication. 

The majority of organizations employ specialized risk management framework people, who serve as the business's sole line of defense against risks. This arrangement, we feel, is not sustainable. Any system that needs contin

Read more…
 
 
 
 

2021 Trends: Governance, Risk, and Compliance Management (GRC)

The primary directive of a GRC management capability in 2021 is to deliver effectiveness, efficiency, and agility to the business that manages integrity and resiliency in the midst of uncertainty. This requires a strategy that connects the enterprise, business units, processes, transactions, and information to enable transparency, discipline, and control of the ec

Read more…

Thursday, 22 July 2021: By bringing together an inspiring line-up of Cyber Security experts and solution providers, World Cyber Security Summit - Qatar acted as a major catalyst for Qatar's bold vision of utilising innovation and technology to broaden its goals. The presentation virtually brought together more than 300 online participants from across the world, including key stakeholders in Qatar's digital economy.

The virtual conference's theme was based on assisting key government entities and

Read more…

9295924653?profile=RESIZE_400xAlthough organizations invest heavily in Learning and Talent Development, most CEOs when interviewed complain about the shortage of learned managers, leaders, and skilled workforce.

The capabilities of knowledge workers, not technology or capital, is often a key constraint for organizational growth.  Research reveals that a number of managers consider employee performance to remain the same even if their organization’s learning function is totally abolished.  Studies further indicate:

  • Ineffectiven
Read more…

Advancing technologies are driving the growth in Global Semi & Fully Autonomous Vehicle Market in the forecast period, 2022-2026.

According to TechSci Research report, Global Semi & Fully Autonomous Vehicle Market By Automation Level (Level 0, Level 1 & Others), By Component (Embedded Systems, Cameras & Others), By Vehicle Type (Passenger Cars, and Commercial Vehicles), By Region, Competition Forecast & Opportunities, 2016–2030, the global semi & fully autonomous vehicle market is expected to r

Read more…

9299025483?profile=RESIZE_710x

According to ChemAnalyst report, “Global Isobutylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Isobutylene market has shown tremendous growth in the past five years and is anticipated to achieve a healthy CAGR during the forecast period. Isobutylene has wide applications in Automotive, Aerospace, Antioxidants, Pharmaceuticals and is also useful for various niche a

Read more…

9284047696?profile=RESIZE_400x

According to ChemAnalyst report, “Global Hexane Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global hexane market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 3.21% during the forecast period. Growing demand of edible oil coupled with the increasing demand of industrial solvents from the paints

Read more…

Customer relationship management (CRM) is a term that refers to a blend of various strategies; practices and technologies, which help a company to improve, manage and evaluate customer interactions.

CRM plays a crucial role because customers are the most important entities of a business, which ensures the existence of any company.  In addition, the objective of CRM is to retain customers and generate more sales.

There is a wide range of benefits offered by CRM software or solutions to the companie

Read more…

Intelligent Risk Taking

Next week I am hosting a roundtable discussion on the future of risk frameworks. I am uncertain as to what may be discovered, however, what I do know is that the topic is of interest. The seats filled fast, and I had a number of my readers send me a note about it, some who could not make the event sent me their thoughts.

One was my Danish colleague Hans Læssøe. He sent me a short paper he authored making the case for dispensing with the risk management function all together. In essence, a situati

Read more…
Views: 74
Comments: 1

9256291700?profile=RESIZE_710x

In today's blog post, we're inspired by our interview with David Rogers, the Global Product Marketing Manager for Risk at SAS. During Q1 of 2021 SAS has partnered with Longitude, a Financial Times company, and undertook a global research program that explores how banks are transforming their approach to risk management. Accordingly, a survey involving more than 300 senior executives, was held around a number of pressing questions around the topics of decision making, risk culture, risk modellin

Read more…
Views: 369
Comments: 2

GRC Implementation Survival Kit

Have you ever experienced a problematic Governance, Risk and Compliance (GRC) software implementation project? — or are you looking to implement a new programme or make changes to an existing one?

Download this GRC Implementation Survival Kit from Camms. and get access to not one, not two, but THREE indispensable pieces of content to help you get a step ahead when navigating the potential complexities associated with GRC implementation.

Whether you’re looking to move away from a manual spreadshe

Read more…
Views: 72
Comments: 1

In the world of Six Sigma, the Yellow Belt certification was recently introduced. As you might expect, it is not as well-known as the Green Belt or Black Belt certifications. However, its value cannot be understated. It provides aspiring Six Sigma specialists with functional and foundational knowledge. This allows them to enter the exciting world of process improvement methodology with basic methodology competencies.

What is a Six Sigma Yellow Belt?

A Yellow Belt is a professional who understand

Read more…

Part one of a two-part series

The following commentary reflects on how China is slowly catching up to the USA in terms of AI technology and moving away from informatized warfare to intelligentized warfare. China is no longer in a position of technological inferiority and is slowly making its presence felt in the world.

China is no longer in a position of technological inferiority but instead sees itself as close to catching up with and

Read more…
Views: 63
Comments: 0

9253825882?profile=RESIZE_400xDo people always follow a rational linear process to come to a decision?  Studies have suggested that a combination of Decision Making Models are used by people to reach quality decisions.

Strategic Decision Making is a complex process with a lot riding on those decisions.  Eliminating risk from Decision Making is unthinkable but radically enhancing chances of success is a realistic goal.

In making Strategic Decisions, executives tend to rely only on those Decision Support Tools they know best.  T

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!

lead