What is Risk-Based Thinking?

What is Risk-Based Thinking?

Risk-based thinking is a process we all take part in every day without actually thinking about it. Imagine going to cross the road, we automatically look left and right for any oncoming vehicles before crossing, effectively assessing the risk in stepping out into the...
Why You Need to Adopt Risk-Based Thinking

Why You Need to Adopt Risk-Based Thinking

One of the biggest changes to the ISO 9001 Revision 2015 is the requirement to implement risk-based thinking.  This “new” requirement may already be in place within your org – it’s simply a codification of what’s already there. ISO...
Using FMEA to assess risk in ISO 9001

Using FMEA to assess risk in ISO 9001

FMEA, or Failure Mode and Effects Analysis, is an effective tool to identify and eliminate possible failures in a process or business. Many companies use it as a means of assessing risk, and it has been in place for decades as a valuable tool. FMEA was first started...