Tag Archive for: risk assessment

The Problem with Risk Assessments

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Like most rituals in health and safety, John Soria's story shows us that risk assessments have become meaningless and misaligned with their purpose. Five years ago, two safety inspectors boarded a ship docked for repairs in Shanghai. It…

Do Compliance Professionals Have a Maginot Line Problem?

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One of the most powerful episodes in risk-assessment history is the story of the Maginot Line, which the French military had deployed after WWI to prevail in any future trench warfare against the Germans. The latter, however, had other…

Risk assessment: law, economics, morality science…and liquor

[This essay was originally posted on the Conflict of Interest Blog] Many years ago a client who was in the compliance department of a pharma company told me his strategy for conducting risk assessments.  He would schedule the…