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Risk Management: Planning to Avoid Losses
Tim Hyden
It sometimes seems that few people can accurately define risk management, let alone apply it in their organization. Yet, a risk management plan can help an organization identify and correct hazards and substandard work practices before bad things happen. Risk management is by far one of the…
Preparing for Pandemics: How Cisco Immunized Its Operations
Ross School of Business - University of Michigan
Cisco Systems Inc., headquartered in San Jose, California, runs one of the most complex supply chains in the global information technology industry. The company relies on more than 1,000 suppliers, four contract manufacturers, and 50,000 purchased parts. It also outsources assembly. In October…
Corporate Security Programs Not Integrated with Enterprise Risk Management
The Conference Board
(The Conference Board: New York) -- Despite the potentially crippling impact of security events on corporate performance, many executives report that their security function is not well coordinated with enterprise risk management (ERM) or a similar risk function, The Conference Board reports.…
Studying How Skyscraper Foundations Stand Up to Earthquakes
UC Davis
(UC Davis: Davis, CA) -- Engineers at the University of California, Davis are preparing to conduct the first rigorous tests of how the steel columns that secure skyscrapers to their foundations stand up during earthquakes, research that could make the towering structures safer and perhaps less…
Study Finds Failure Points in Firefighter Protective Equipment
NIST
(NIST: Gaithersburg, MD) -- In fire experiments conducted in uniformly furnished but vacant Chicago-area townhouses, National Institute of Standards and Technology (NIST) researchers uncovered temperature and heat-flow conditions that can seriously damage facepiece lenses on standard…
A Predictive Approach to Risk Management
Forrest Breyfogle—New Paradigms
Organizations need a systematic approach for risk containment when quality, delivery, and design product and service issues occur. Such a system should also help them to recover quickly from errant decisions made by executives, operations personnel, and the quality department. This article…
Supply-Chain Management for Today’s Risks
Kirk Wehby
On the face of it, today’s supply-chain risks don’t seem too different from any other time in history. We are faced with natural and man-made disasters, frequent dissolution of supply-chain partners and suppliers, constantly changing regulations, counterfeiting, and the long-standing question…
Preventive Action Is About Risk
Denise Robitaille
The ISO 9001 requirements pertaining to preventive action would get a lot more attention if people grasped the very simple fact that this is all about managing risk—which is really about managing the consequences of change. Whenever we change something, even for the better, there are…
Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk
CRC Press
(CRC Press: Boca Raton, FL) -- Historically important trade routes for goods of all kinds for more than 3,000 years, the Silk Road has once again come to prominence. Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk (CRC Press, 2011) presents emerging supply chain…
A Factory of One
Productivity Press
(Productivity Press: Boca Raton, FL) -- Most business readers have heard of the lean principles developed for factories—a set of tools and ideas that have enabled companies to dramatically boost quality by reducing waste and errors—producing more while using less. Yet until now, few have…
Toyota’s Lean Approach Might Be Beneficial to Medical Procedures
News-Medical.Net
Japanese vehicle manufacturer, Toyota, is well-known for developing the principles of lean manufacturing. Research published in the International Journal of Technology Management suggests that the lean approach might also be beneficial to medical procedures, making hospitals more efficient and…
When Your Project Is Stalled, Seek Out the Uninvested
Quality Transformation With David Schwinn
A few weeks ago, my eyes filled with tears as our daughter, Lisa, told those whom we call the Macaronis, that she was struggling to decide between her current occupational choices (yes, she’s that talented and in demand); what she really wanted to do was work more closely with my wife, Carole,…
Melt Pressure Measurement Chain for Plastics Injection Molding
Kistler
(Kistler: Novi, MI) -- Kistler, a global supplier of precision sensors, systems, and instrumentation for the dynamic measurement of pressure, force, torque and acceleration, has introduced the Type 4021B industrial melt pressure measuring chain. The chain is expressly designed for the…
Commerce Secretary Lays Out Vision for Department of Commerce
U.S. Department of Commerce
(Dept. of Commerce: Washington, D.C.) -- During a recent speech at the U.S. Chamber of Commerce, U.S. Commerce Secretary John Bryson laid out his vision for how the Department of Commerce can best partner with the business community to support the president’s jobs agenda. Bryson outlined his…
Sol-UV Solar Simulators for SPF Testing
Newport Corp.
(Newport: Stratford, CT) -- Oriel, a Newport Corp. brand, and an innovative supplier of products for the making and measuring of light, now offers the Sol-UV Solar Simulator, an advanced solar simulator for photobiological applications such as testing over-the-counter sunscreen products’ sun…
Manufacturing Technology Orders Up 80.5% from 2010
Association For Manufacturing Technology AMT
(AMT: McLean, VA) -- October U.S. manufacturing technology orders totaled $463.32 million according to The Association For Manufacturing Technology (AMT), and the American Machine Tool Distributors’ Association (AMTDA). This total, as reported by companies participating in the U.S. Manufacturing…
The Conference Board and Partners Launch Human Capital Exchange
The Conference Board
(The Conference Board: New York) -- The Conference Board, the global business research and membership organization, has launched The Conference Board Human Capital Exchange, a web portal designed to be the “first stop” resource for all human capital professionals around the world seeking the…
From Seemingly Unsolvable to Solved with Methodical Research
Steven Ouellette
Last article, I wrote about the importance of correctly classifying variables as part of the research design process, and discussed the benefits of the hugely useful, but oft-neglected, blocked variables. As part of my ongoing crusade against poor experimental designs, and the people who love…
How Business People Build Relationships and Win Clients for Life
Wiley
(Wiley: Hoboken, NJ) -- What makes the world’s most successful individuals so good at their jobs? What do they do that others don’t? Maribeth Kuzmeski answers those questions in The Connectors: How the World’s Most Successful Businesspeople Build Relationships and Win Clients for Life (Wiley,…
Top 10 Signs Your CEO Doesn’t Get Lean
Mike Micklewright
Lean training and programs are more popular than ever. Implementing lean strategies is all the rage, but has your CEO really seen the lean light? Use these 10 signs as a gauge to find out. 10. He initiated a brand new lean department. His thinking: Lean is something new. We don’t want to taint…
KiTorq Torque Flange Measurement System
Kistler
(Kistler: Novi, MI) Kistler, a global supplier of precision sensors, systems, and instrumentation for the dynamic measurement of pressure, force, torque, and acceleration, has introduced the Type 4550A KiTorq rotor torque flange measuring unit. Featuring an accuracy class of 0.05, the…
Leica DVM5000 HD and DVM2500 Digital Microscopes
Leica Microsystems
(Leica Microsystems: Heerbrugg, Switzerland) -- Digital microscopes by Leica Microsystems are successfully established as analytical instruments in applications such as pharmaceutics, materials research, and electronics production. Industrial quality control, which makes immense demands of…
NIST Calls for Research Grant Proposals in Science and Engineering
NIST
(NIST: Gaithersburg, MD) -- The National Institute of Standards and Technology (NIST) has announced that it is accepting proposals for funding for a broad range of potential research projects and related activities that support the institute’s measurement science and engineering programs. The…
New ‘Age of Uncertainty’ as Industries Look Ahead to 2012
Strategy
(Booz & Co.: New York) -- For business next year, the only sure thing is uncertainty, according to Booz & Co. in a recent advisory to its clients. The consulting firm’s annual “Industry Perspectives” predicts that industries in 2012 will face challenges ranging from price wars to the…
Three Dangerous Statistical Mistakes
Eston Martz
It’s all too easy to make mistakes involving statistics. Statistical software can remove a lot of the difficulty surrounding statistical calculation, reducing the risk of mathematical errors, but correctly interpreting the results of an analysis can be even more challenging. A few years ago,…

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