Lexicon Systems, LLC Blog

lex'•i•con: the vocabulary of a branch of knowledge. Thoughts on environment, health & safety (EHS), sustainability and information technology to support them.


Leave a comment

Risk Management is a big driver for EHS software

It used to be environment, health & safety (EHS) compliance issues that drove the big software selection projects… air emissions calculations and emissions inventories, wastewater discharge monitoring reports (DMRs), annual toxic release inventory (TRI) reports, and other three-letter acronyms (TLAs). Lots of different EHS compliance programs use the same information, but in different ways, creating a data management and reporting challenge.

Then came governrisk-managementance, risk and compliance (GRC)… many organizations struggled to bring EHS within the sphere of GRC, instead believing that GRC was all about financial issues following Sarbanes-Oxley (SOX) legislation, or risk management following high-profile industrial incidents and accidents.

However, many of these organizations and others see the value in identifying and managing risks–having a strong risk culture has an upside.

In a recent LNS Research post, “Why Risk Management Dominates EHS Priorities,” Paul Leavoy says that

Increasingly, manufacturers are embedding risk management approaches into their EHS programs, particularly from a technological perspective… they are trying to embed risk management into EHS software.

Read the blog post here.

Advertisements


Leave a comment

Business + technology + innovation = opportunity

woman surfingTechnology is a great business catalyst. My high school friend’s three kids—a surfer, a fashion designer, and a digital designer—raised $20K through a Kickstarter campaign to take their business to the next level. They sell surfing bikinis to urban women in San Francisco. Their claim to fame is that the bikinis stay put! See Kinda Fancy Bikinis.

Get your shift togetherA management consultant friend of mine writes writes books on intergenerational workforce issues. She self-publishes books and sells them on Amazon.com, alongside the books by thousands of other authors. Self-publishing shortens the time from concept to market by months or years. See Get Your Shift Together.

A silver and gold jewelry designer uses 3D printers to fill customer orders on demand, saving thousands of dollars that otherwise might have been tied up in inventory and precious metals stock. This designer has loads of artistic talent and communicates well with the engineers who translate her concepts into jewelry.

Business + Technology + Innovation = Opportunity

Each of these businesses cases is an example of disruptive technology. An entrepreneur takes a business idea, adds technology and innovation to create new markets, smashing traditional barriers to entry. Definitely not your mother’s or father’s business model!