Operational Risk

104 results

What is Management of Change?

Blog

Many people might read the phrase “management of change,” and pretty quickly convince themselves that they understand what it means – managing any changes made. But, what does it mean to actually manage a change?  What is Management of Change?   Management of Change (MOC) is the principle of properly assessing, addressing and controlling the impacts […]

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VelocityEHS Virtual Course on Bowtie Analysis Helps Attendees Manage Operational Risks

Press Release

Chicago (January 16, 2023) VelocityEHS, the global leader in enterprise EHS & ESG software solutions, today announced the 2023 schedule for its operational risk management training course, Introduction to Bowtie Analysis. Hosted with its training partner Safety Solutions, this 8-hour virtual training program, conducted over two afternoon sessions, offers attendees hands-on experience creating and using […]

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Better Root Cause Analysis Yields Effective Ergonomics Control: A Webinar Summary  

Blog

In the recent VelocityEHS webinar “Better Root Cause Analysis Yields Effective Ergonomics Controls,” Principal Solutions Strategist Rick Barker, CPE, CSP, specified the difference between direct and root causes and shared three methods of cause analysis through examples of industrial settings.   Direct and Root Causes  The root cause analysis process yields direct causes as well as […]

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What is Operational Risk?

Blog

In a broad sense, operational risk includes any risks you’d encounter in your operations processes. In a technical EHS sense, it’s the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events. 5 Main Types of Operational Risk There are five main types of operational risk. (There are […]

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Verdantix – Dyno Nobel

Success Story

This report is one in a series of case studies which explore the adoption of industrial risk management technologies at prominent industrial firms.

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Introduction to EHS Risks, Part Four: Using Risk Bowties

Blog

Welcome to the fourth installment of our blog series “Introduction to EHS Risks,” in which we’ll talk about the ways that a tool called risk bowtie analysis can help you improve your management and communication of EHS risks. In case you missed our previous posts in this series, take a little time to check out […]

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