Incorporating Risk Management Into Your Incident Reporting Process

[fa icon="calendar'] Tue, Nov 08, 2016 / by Rachel Beavins Tracy

U.S. Department of Labor statistics show that the aviation industry has an incidence rate more than double that of private industry. Making progress towards reducing worker injuries requires strategies that go beyond the surface of incident reporting, leveraging all the data available to prevent future occurrences.

One way companies can do this is by incorporating risk management into their incident reporting processes. Risk adds a new dimension to the data, giving you more information that helps you better analyze, prioritize and solve problems.

Let’s look at a few key areas where aviation companies can make incident reporting a risk-based process.

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aviation Risk Management

4 Risk Assessment Tools All Quality Pros Should Have in Their Toolbox

[fa icon="calendar'] Tue, Oct 11, 2016 / by Rachel Beavins Tracy

In work and in life, success is often the result of hard work and persistence rather than genius or inborn talent. And while some people are naturals when it comes to crunching numbers, others know you don’t have to have all the answers—you just have to know where to find them.

In quality management, making the right choice comes down to having the right tools at hand. In this post, we’ll look at 4 critical risk assessment tools all quality professionals should have in their toolbox.

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Quality Management Risk Management

EHS Risk Management 101: 6 Places To Assess Risk

[fa icon="calendar'] Tue, Sep 20, 2016 / by Rachel Beavins Tracy

Risk management is critical to achieving EHS goals like preventing injuries and staying in compliance. However, the trick is knowing when and how to apply Risk Management tools appropriately.

In this post, we’ll look at 6 areas to leverage quantitative Risk Assessment tools to make sure you’re getting the most from your EHS Management System.

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EHS Risk Management

Bowtie, Risk Matrix or Decision Tree: Which Should You Use?

[fa icon="calendar'] Thu, Jul 14, 2016 / by Rachel Beavins Tracy

I’m the type of person who prefers my neighborhood hardware store over the big box home improvement places. Sure, there are fewer options, but that makes choosing easier. What’s more, the employees at my local store are infinitely more helpful, asking what I want and walking me directly to the tools I need.

Today’s post will help you better understand exactly the Risk Management tools you need for different situations. We’ll look at 3 essential risk models in your EHS or quality management toolkit: the bowtie, the risk matrix and the decision tree.

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Quality Management Life Sciences Food and Beverage aviation EHS Risk Management

4 Risk Management Techniques for Reducing Defective Products

[fa icon="calendar'] Thu, May 19, 2016 / by Rachel Beavins Tracy

Recalls over product defects are a major concern in many industries, often creating millions of dollars in costs and brand damage. Part of the problem is that so many companies don’t effectively integrate Risk Management into their processes, allowing small issues to persist unmanaged.

With that in mind, here’s a list of 4 Risk Management techniques that can help reduce product defects. 

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Quality Management Life Sciences aviation EHS Risk Management

Risk Management Strategies for the Supply Chain: 3 Key Takeaways from Our Webinar

[fa icon="calendar'] Thu, May 12, 2016 / by Tim Lozier

The dynamic of business today is more complex than ever before. Globalization, product competition and the increasing of the supplier network has driven companies into far more directions. How can companies navigate the complexities within their organization, while keeping a strong level of compliance? 

The key becomes one of risk-based thinking in supply chain quality. We recently held a webinar on this topic that gave advice on implementing risk strategies for the supply chain.

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quality Risk Management

Creating a Risk Matrix: 3 Examples

[fa icon="calendar'] Tue, Apr 12, 2016 / by Rachel Beavins Tracy

Two things are true when it comes to making important decisions that impact your company. One, you need a way to quantify risk to make the best choice, and two, you need to be able to explain that choice.

What is a Risk Matrix?

A risk matrix helps you do both, calculating risk across various outcomes to give you clear guidelines on whether risk is acceptable or unacceptable. Let’s take a look at the process.

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quality Food and Beverage EHS Risk Management

The Top 7 Reputational Risks in Life Sciences You Need to Know

[fa icon="calendar'] Wed, Jan 20, 2016 / by Alexandre Alain

Reputation Risk Management Starts with Identifying Key Threats to the Life Sciences Industry.

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Life Sciences Europe Risk Management

Reasons to be Thankful for Automation

[fa icon="calendar'] Wed, Nov 25, 2015 / by Emily Ysaguirre

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Risk Management

4 Ways to Reduce Risk in Contract Manufacturing

[fa icon="calendar'] Tue, Sep 08, 2015 / by Rachel Beavins Tracy

A survey published in Pharmaceutical Outsourcing magazine reveals growing demand for contract manufacturing in the pharmaceutical industry, with over 75% of respondents indicating that they outsourced the same or more than in previous years. 

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Life Sciences Risk Management

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