If you work for an asset intensive organization and your role involves ensuring value from assets, you are unlikely to organize the world by software applications as software marketing professionals or software analysts’ do in order to describe these applications and functions to chief information officers, IT leaders or other chief officers.
The safety of workers should be part of the mission of your organization. If it isn’t, do something about it!
The fact is, shop safety in the U.S. and Europe has dramatically improved over the past few decades. Many unsafe acts accepted in the past are forbidden today. The idea of working without fall protection or lockout-tagout (LOTO) procedures is widely condemned by workers, management and supervision. Still, too many people get grievously hurt or even killed at work.
ISO27001 is a quality standards specification for information security management systems (ISMS). The ISMS is an overall framework that encapsulates business procedures and policies pertaining to the control of a company’s information security risk management processes. It covers physical, technical and regulatory controls.
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This article is Part 2 of a two-part series focusing on risk as an enabler for asset management (AM). Part 1 argued the case for moving away from criticality to an ISO31000 risk-based approach. This part will address how to effectively model asset risk in complex systems.
This article is Part 1 of a series focusing on risk as an enabler for asset management.
It argues the case for moving away from criticality to an ISO31000 risk-based approach. Part 2 will address how to effectively model asset risk in complex systems.