Oct 2023
|Grey Papers
Operational Excellence
Jan 2020
|Grey Papers
Operational Excellence
Author: James Michael McCandless, Managing Director
Many companies focus their risk management efforts on Process Hazard Analyses and Mechanical Integrity. While these measures are necessary and extremely important, companies must institute additional measures to fully engage the workforce in identifying, analyzing, prioritizing, and mitigating all risks, including “soft” risks, to have a truly effective operational risk management process.