What if you could prevent accidents before they happen? Root cause analysis lets you get to the heart of your problems and let you lower the likelihood that they will happen again (or prevent them entirely). It’s a massive boon in the arsenal of anyone who wants to make sure that the mistakes of the past don’t keep repeating themselves.
Without a robust risk management system like that laid out by ISO 31000 standards, you’ll also be yet another figure suffering from critical risk events.
A SOAP note is a method of standardized note-taking used by healthcare professionals to document important information about a patient. An abbreviation for Subjective, Objective, Assessment, and Plan, millions of SOAP notes are written every single day all over the world. Essentially, it’s the sheet of paper a physician might attach to a patient’s chart […]
The Pareto Chart is a powerful tool that maintains the quality of services and products. Decision making is steered in the right direction, meaning efforts are streamlined to maximize output quality. When implemented properly, Pareto analysis – via the Pareto chart – will identify major pitfalls in any business process in order to improve quality. […]
“Processes underpin business capabilities, and capabilities underpin strategy execution” – Pearl Zhu, Digital Capability: Building Lego Like Capability Into Business Competency Our world is changing ever more rapidly. Technological innovations, policy shifts, and the demand for greener operations mean businesses have to be vigilant, adaptable and evolve in response to the constant of change. In […]
“SOPs also provide a certain kind of insurance. With systematized operations in place, a company won’t unduly rely on any single person for institutional knowledge or company advancement; it’ll all be codified within the SOP” Dean Scaduto, The Lowdown on Standard Operating Procedures Standard operating procedures (SOPs) in business create consistency, guarantee quality, remove ambiguity […]
Poorly managed processes have caused disastrous and costly errors. For instance, a measurement mix-up between metric and imperial units by NASA caused the disintegration of one of their satellites. This cost the air and space agency $125 million in damages. Business process management (BPM) is the management and control of business operations to prevent costly […]
The global workflow management system market was valued at $4.8 billion in 2018. This figure is anticipated to rise with a compound annual growth rate (CAGR) of 27.7% from 2019 to 2025. One reason for this tremendous growth is the digital transformation of businesses globally. This transformation is called industry 4.0. The workflow management systems […]
Don’t lose money due to poorly managed business workflows. Read this post to learn about the humble workflow diagram today!
The International Labour Organization estimates there are 340 million occupational accidents and 160 million victims of work-related illnesses every year, globally. Major workplace accidents and incidents are critical safety issues inherent to business operations. Even one small incident could lead to more serious risk pathways developing. That is why the U.S. Occupational Safety and Health […]