|“Standing still is the fastest way of moving backwards in a rapidly changing world” – Lauren Bacall|
We live in a rapidly changing world and face huge competition. Statistics describe the rate of change in exponential terms, and reports suggest the amount and pace of competition will accelerate 4x in the next 20 years.
We are under pressure to innovate and evolve and to do this rapidly, but the speed of change that is required increases our risk.
If you missed our webinar on ‘Getting to Grips with FMEA’, you can now watch the recording. Damion Albinson showed how using Failure Mode Effect Analysis (FMEA) to learn about your products or services can help you mitigate these risks, including identifying what might fail, the effects of the failure, and the likelihood of the failure.