February 26, 2009 | Dave Janney

Regulatory Fines = Cost of Doing Business?

Read this story:


So now that you’ve read the article, I have a question – which is cheaper; paying fines/failure costs and spending time dealing with problems or preventing them from happening?  The answer should be obvious but some companies do in fact elect to consider these problems as the cost of doing business. For those who understand that preventing problems is good business, remember, this is NOT the time to cut back on problem solving.  The struggling economy is the BEST time to improve your business and attack the competition – if you don’t, they will in fact attack you.  Please don’t let this happen.
Here are some ways you can avoid being in the news and improve your business:

*Attend a two, three, or five day TapRooT® course.  Bring your safety, environmental, reliability, process, and quality teams with you.  Here is the schedule:  http://www.taproot.com/courses.php

*Attend the TapRooT® Summit in Nashville on October 7-9.  Meet people from your industry and other industries and share best practices.  Select a best practices track and attend the topics that meet your needs; everything from human performance, to improving quality, to risk management, we have it.  Hopefully you will attend my session, “Making a Business Case for Improvement” where we will explore the business side of things and talk about ways to sell your safety/quality efforts to management and show your value to the organization.  We also have great keynote speakers, a disco party, and a golf outing. Sign up today, here is the information:  http://www.taproot.com/summit.php

*Since you are coming to the Summit, come two days early and attend a Pre-Summit course.  Here are the sessions you have to choose from:

Safety Culture Improvements
2-Day TapRooT® Incident Investigation & Root Cause Analysis Course
Special 2-Day Equifactor® Equipment Troubleshooting and Root Cause Analysis
Advanced Trending Techniques
TapRooT® Advanced Techniques
Interviewing & Evidence Collection
Stopping Human Error
Innovation & Creative Solutions
Risk Management Best Practices
Hazard Recognition Best Practices
Getting the Most from Your TapRooT® Software
TapRooT® and FMEA for Healthcare Root Cause Analysis

For more information, see:


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