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.
Tag: process management
Process Failure Mode Effects Analysis (PFMEA) is a methodology used to remove errors from a process. Errors are identified, prioritized, and then mitigated systematically. For instance, corrective action in the early stages of a product life cycle is ~29x less expensive than corrections made later on in the design process. This shows that early error […]
Kon’nichiwa! Welcome to FAT FINGER’s blog. In this article, we’ll be discussing poka yoke. Poka yoke what? Exactly, we’re not speaking English. Unless you know Japanese, this term will have you scratching your head. Poka yoke is Japanese meaning mistake-proofing. The poka yoke methodology is used to prevent costly errors from business operations, assure quality […]
Business is a product of human imagination and effort. Business processes rely on the power of human capital, meaning every organization desires to recruit and maintain a skilled workforce. With proper attention, investment and planning, companies can realise the potential of employees for the benefit of a business and its objectives. But to do so […]
Are you still relying on manual data entry and paper-based systems for document management? If you are, take notice. You could be losing 18 minutes of your productivity time searching for the documents and information you need. Those 18 minutes might not seem that much, but they mount up to account for ~50% of your […]