Safi Qudsi president of Abacus Quality System Services (AQSS), presented his views regarding the realities of the business world and the risk associated with it
Online PR News – 28-May-2012 – Houston,Texas – Safi Qudsi president of Abacus Quality System Services (AQSS), and its sister company Abacus Quality Training Services (AQTS), leading companies providing professional services in quality, environmental, health and safety management training in USA and around the world have presented his views regarding the realities of the business world and the risk associated with it.
According to the reports making innovations may sometimes end up with huge losses but without any innovations or risk the progress of the business is also doubtful with so many competitors in the field. According to him risk management should be the major prospect to be dealt with in business planning.
Safi Qudsi had defined Risk as the combination of the probability of an event and its consequence (ISO DGUIDE 73). He said implementing effective management tools can estimate the associated risk issues and accordingly performing Analysis, evaluations and assessment of risk and effectively formulating rational controls can help promote and enhance the objectives and the targets of the business.
Risk based quality management system auditing will add more value to the Quality Management System audits by linking the audit results with risk. This will take a step beyond the NCR identification and perform categorization based on risk and will also assign score to each Clause/requirement with reference to audit result. After the audit is done the score and risk data can be consolidated and analyzed to prioritize the actions to be taken in the business.
Effectively plans should be utilized to eliminate all the risks determined in the audit result.
Based in Houston, Texas, AQSS with a team of expert consultants provides technical and professional services in USA, Western Europe, Canada and Asia including Middle East/UAE in quality management like:
• Supplier Audits & Assessments
• GAP & Internal Audits
• Technical & Product Audits
• Process Audits
For details on Risk based quality management system auditing for your business and for any further assistance, please visit http://www.aqss-usa.com/