Techniques and Tools for Risk Management for Products, Processes and Organizations(VRTCHM718)

Presented by: Duke Okes
Duration: 180 minutes

Download Conference Material(s):


See the sneak peek before you buy!

Incorporate Risk-Based Thinking in Day-to-Day Operations and Increase Your Chances of Success

Risk management has been a strong component of the design and/or operating structure for some organizations (and even industries) for several decades. Others have only recently discovered the value of proactively dealing with potential impacts on performance. And now that risk-based thinking (RBT) is included in international management system standards for quality, environmental, safety, IT, and others, it has become a necessary consideration for everyone in an organization. What about you? Are you proactively planning for potential failures – or are you just waiting till the failure occurs?

Join this information-packed 3-module Virtual Boot Camp by process management expert Duke Okes, and learn how to make decisions that will positively impact your organization’s performance – and be seen as someone adding strategic value to your organization.

Okes will show you how to identify, evaluate and respond to risks – as well as monitor and report on how well the responses work. He will get you up to speed with common standards/guidelines (e.g., ISO 31000/14971/27001, COSO, Q-9, NIST), the common methods and tools for risk assessment, explain how levels of risk can change over time, and more.

After attending the Virtual Boot Camp, you will understand the sources and parameters of risk – and be able to size and embed the core steps into the organizational performance management process of your manufacturing business, regardless of industry.

Session Highlights

This session will cover:

  • Common risk management standards/guidelines (e.g., ISO 31000/14971/27001, COSO, Q-9, NIST)
  • Key principles for effective implementation of risk management
  • Common methods and tools for risk assessment
  • Different ways levels of risk change over time
  • Sources and parameters of risk
  • Examples of risk management applied to strategy and operational processes
  • How to size it for your organization
  • How to embed it into the organizational performance management process
Session Details
Session-1: Incorporate Risk-Based Thinking in Your Day-to-Day Operations
Time: 12:00 pm – 12:50 pm ET | Duration: 50 minutes

Session Highlights

  • The basic concept of risk assessment and management
  • The RBT requirements included in ISO standards
  • Incorporating RBT in day-to-day operations
Q/A Break: 10 minutes
Session-2: Risk Management: Increase Your Chances of Success and Reduce the Possibility of Failure
Time: 1:00 pm – 1:50 pm ET | Duration: 50 minutes

Session Highlights

  • Widely used risk management standards/guidelines
  • Product and/or process risk management
  • Operational and strategic risk management
Q/A Break: 10 minutes
Session-3: Useful Risk Assessment Tools/Techniques to Build Your Risk Plan
Time: 2:00 pm – 2:50 pm ET | Duration: 50 minutes

Session Highlights

  • Simple qualitative tools
  • More complex qualitative techniques
  • Quantitative methods
Q/A Break: 10 minutes
Who Will Benefit
  • C-level executives
  • Functional/department managers
  • Project managers
  • Staff members and Engineers who have decision making authority involving product/process design and/or resource allocation
  • Anyone responsible for management of organizational performance, regardless of level or industry
  • Risk Managers
  • Quality Professionals
Register Now
About Our Speaker(s)
Duke Okes Duke Okes has consulted with organizations for over 30 years, primarily in the areas of implementation of quality management principles, systems and techniques. He holds degrees in technology, business and education and is a graduate of a program for Organization and Human Resource Development and the International Program in the Gestalt Approach to Organization and System Development. Duke is an ASQ Fellow and certified by ASQ as a Manager of Quality/Organizational Excellence. More Info