Safety
Managing shared risk to mitigate major aviation losses
In the first two editions of Cross-Check, we explored two related ideas: first, that the aviation system is becoming more complex and interdependent and second, that organizations need a safety intelligence strategy to turn data into actionable risk insight that creates a greater level of foresight and supports proactive decision-making.
Recent events have reinforced how safety-critical risks can, and do, emerge at the interfaces among multiple stakeholders rather than within any one organization. In this article, we build on those themes to examine why aviation needs a more integrated total system approach to risk management, and how an enhanced, connected model could help the industry to more effectively identify, understand, and mitigate the conditions that could lead to major operational, financial, and reputational loss events.
The article poses a simple question for risk and business leaders: Can your organization visualize and manage the risks that lie beyond its own boundaries?
Read the full article to learn how to move beyond safety management systems and develop a true total system risk-based approach.