In the manufacturing industry, risk analysis and assessment are critical components of operational excellence. These processes help identify potential hazards, evaluate their impact, and develop strategies to mitigate them. In this digital age, tools like FAT FINGER, a digital workflow procedure builder, are revolutionizing these processes. With features like Drag & Drop Workflow Builder, Mobile […]
Tag: risk analysis
In the high-stakes world of the oil and gas industry, Risk Assessment and risk management are critical components of operational success. The industry is fraught with potential hazards, from environmental concerns to worker safety, making it imperative for companies to have robust systems in place to identify, assess, and manage risks. This is where FAT […]
What do BlackBerry, BP, Target, and a large engineering company have in common? All four organizations failed to assess risk and as a result, suffered hugely (I’ll be divulging the gory details later). But, BlackBerry, Kodak, Target, and the large engineering firm aren’t the only ones. For the average organization, over 85% of its efforts […]