Company Overview:
- A division of a major railcar manufacturer, and the market leader with the widest product line in the industry, providing railcar repair and maintenance, modifications and rebuilds
Project Scope:
- Identify, Assess, Control, and Monitor current risks, and put a program in place to develop an ongoing Operations Risk Management culture
- Design and implement a spreadsheet / mapping tool to enable the process
- Design a method to link residual Operations Risks to the Enterprise level
Project Outcomes:
- Designed and implemented a unique Operations Risk Management process and toolset
- Identified and assessed risks, developed mitigation plans for top risks, and structured monthly reporting
- Supported mitigation efforts with Subject Matter Expertise
- Designed and developed an enabling spreadsheet based tool
- Trained executives and staff
- Linked residual Operational Risks to the Enterprise level
