IAQG SCMH explains "positive risk"..........but does it?

[Sidney Vianna]

A new slide set under the IAQG Supply Chain Management Handbook website attempts to explain "POSITIVE RISK".

7.3.8 : Positive Risk Explained -October 2019 (pdf)

But ...... I wonder if it does.

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A good thing that might occur that would result in saved time or reduced cost, or that would improve performance.

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Sometimes the mind boggles. Why are we even trying to define "positive risk"? Just when the people from the ISO TMB were hoping nobody would be talking about this nonsense, someone at the IAQG attempts to revive it....

 

[Jim Wynne]

It's things like this that make me glad to be retired.

 

[Sidney Vianna]

The definition that I quoted from the slide. How does that significantly differ from (the much more mundane) improvement?

 

[Tagin]

The definition that I quoted from the slide. How does that significantly differ from (the much more mundane) improvement?

In 9000:2015, risk is "effect of uncertainty", whereas improvement is an "activity to enhance performance".

So I'd view it as the distinction between the possibility/potential of some good outcome vs. the actual activity of creating good outcome.