Managing Tomorrow's Risks with FMEA
With FMEA analysis, potential risks, including their causes and consequences are examined in advance or on the field.
FMEA: An Analysis Method to Mitigate Risk
“Risk management is painful—not a natural act for humans to perform.” – Gentry Lee, the chief systems engineer at Jet Propulsion Laboratory (JPL). Failure Mode and Effects Analysis (FMEA) is a structured approach for identifying all possible failures in a design, manufacturing process, or a product/service. A common risk analysis tool for identifying and classifying […]
From Seed to Store – Managing Compliance & Quality in Cannabis
Cannabis legalization has spread its roots globally. In 2013, Uruguay was the first country to fully legalize recreational cannabis. Since then, many other countries have followed suit. Whatever your view on the subject, the cannabis industry is booming, expected to be valued at $66.3 billion by the end of 2025. A new legal framework surrounding […]
Remodelling the Construction Industry- The Future is Digital!
Since the late 1980’s, digital technologies have fundamentally changed the ways in which organizations operate. When it comes to innovation, automation and digitization, it’s clear that the construction industry has got off to a slow start. An industry where paper-based systems are still very much the norm mean that the ability to manage day to […]
Tragedies that lead to Safety Advances
Learn more about how safety advances and strong risk management are critical to avoiding major tragedies in the oil and gas industry.
Managing Tomorrow's Risks Today
If you place a frog in boiling water, it will immediately jump out. However, if you decide to place the frog in cold water, gradually heating the water, what will happen? The frog fails to recognize the risk, leading to him boiling to death. “Boiling Frog Syndrome” is very applicable to modern day organizations. Organizations […]