| Cart Total:
Menu
Fending Off Fragility
  • Manufacturing, Quality, Service
  • Open Access

Fending Off Fragility

A risk management 4.0 approach helps organizations thrive and be more proactive

Publication:
Quality Progress
Date:
July 2022
Issue:
Volume 55 Issue 7
Pages:
pp. 16-23
Author(s):
Moon, Jayet
Organization(s):
Terumo Medical Corp., Philadelphia, PA

Abstract

Risk 4.0 refers to managing risk around digitization and digitalization to ensure the success of digital transformation so Quality 4.0 can leverage the technology to create and sustain value. The approach emphasizes risk intelligence and proactive risk management to help mount a planned reaction to high-level foreseen risks. Instead of aiming to simply survive and shield against harm, an organization must become more comfortable and confident to operate and thrive in uncertainty despite the presence of multiple risks.

ALREADY A MEMBER?    REGISTER