Detecting Failure in operations
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Identify and analyze some of the approaches for detecting and preventing failure.Identify one specific operation within an organization (specific famous company) and describe the detection and preventative measures being taken. How can this operation recover when failure does occur? Given me the general idea.
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Identify and analyze some of the approaches for detecting and preventing failure.Identify one specific operation within an organization (specific famous company) and describe the detection and preventative measures being taken. How can this operation recover when failure does occur? Given me the general idea.
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Numerous approaches can be taken for detecting and preventing failure at an early stage in an organization. One of the most popular approaches is proactive risk management strategy or planning in an organization. Proactive risk management planning ensures that negative impact of foreseen and unforeseen risks is minimized or avoided and circumstances leading to failure are spotted at an early stage. If risk management strategies and effectively implemented, organizational management spot deviations from the planned strategies and action plans at an early stage and implement action plans and backup strategies to tackle such situations ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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