Description
Book SynopsisThis book discusses the realm of operational risk management, exploring the intricacies of managing safety, production and quality simultaneously. It offers a fresh perspective on the dynamic and complex nature of risk, highlighting the everâchanging landscape that organisations must navigate. The reliance on current understandings of residual risk is deficient, particularly as systems of production are prone to degradation over time. This degradation leads to an increase in âentropic riskâ, resulting in losses in daily production that, if left unchecked, could culminate in catastrophic consequences.
Productive Safety Management, second edition utilises practical experience to offer context and application to the concepts surrounding risk that are introduced. It explores the residual and entropic risks present in production systems before shifting focus to the same risks within organisational elements such as leadership, competencies, management systems and resilience. The deg