2C stand for Correct and Complete To perform effective risk analysis these 2C’s should be used extensively in the initial phases of risk identification. 2C for Success of Risk Analysis While [...]
Risk Management using Failure Mode and Effect Analysis Vs Fault Tree Analysis Both Failure Mode and Effects Analysis (FMEA) and Fault Tree Analysis are used to identify potential risks in the [...]
Risk Management: Risk management is defined as a process of identification, evaluation and effective management of risks associated with a process or a product. Appropriate risk management [...]
During a Gemba walk to a cement organization (Cementia), a manager (Mr. Ajay) asked LASSIB Society team, “Why should we do SWOT analysis?” One of the LASSIB Society Team Members (Mr. Govind) [...]
“How do cultures affect management practices?” Most organizations have some kind of business relations with customers, companies, employees and other stakeholders in other countries and cultures. [...]
Petrocham Refineries Limited (name changed), with it’s headquarter in India is a Fortune 200 Oil & Gas Company.Since its inception in 1964, the company has grown in operation from a crude [...]
This is a case story from Petrocham Oil Refineries Ltd (PORL) (name changed). This story communicates the key message that data collection should be correct otherwise results may defer. It is [...]
This case sory tells about how a two member team reduced the Gas Turbine trips through a structured data driven problem solving process.