This Executive Update draws from the lessons of the Boeing MAX groundings to illustrate the importance of selecting, monitoring, and acting upon risk indicators to preemptively manage risk, as well as providing opportunities to reduce total cost of risk, improve financial performance, and assure stakeholders that risk is being addressed on a controlled and informed basis.
Executive Update
Lessons in Risk Management: Using KRIs to Avert Disaster
Posted November 3, 2021 | Leadership | Technology |
About The Author
Hannah Marsden is a Business Analyst at Arthur D. Little (ADL) in ADL’s Risk practice, based in Cambridge, UK. Her core areas of expertise include strategic safety risk management, risk assessment, culture, safety validation, competence management, and governance and assurance practices. She works across a variety of industries with a focus on travel and transportation, oil and gas, energy, and utilities. She earned a bachelor’s degree in… Read More
Kerri McGowan is a Business Analyst at Arthur D. Little (ADL) in ADL’s Risk practice, based in Cambridge, UK. Her core areas of expertise include strategic safety risk management, leadership, risk assessment, culture, safety validation, and decision making across several industries: travel and transportation, oil and gas, health sciences and pharmacology, food, energy, and utilities. Ms. McGowan earned a bachelor’s degree in chemistry from King’… Read More
Clive Adams is Associate Director at Arthur D. Little (ADL), based in Cambridge, UK, across ADL’s Risk and Travel & Transportation practices. He has more than 20 years’ experience in assurance of safety-critical systems and products. Dr. Adams has a background in system engineering in the rail, aviation, defense, communications, and public sectors. His work has included independent safety assessment, safety management systems review, and… Read More
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