Risk management
In this month’s Technical Forum, Dr Michael Clark examines how companies approach risk and the various management techniques that can be used to control it.
Cement companies must guard against complacency with regard to risk management
During the last 18 months the moderator has been witness to some very adverse outcomes for cement companies around the world. Occasionally, the outcomes arose from unpredictable equipment failures or other factors beyond management control, while others resulted from misjudgements or poor decisions by the executive management.
