Number of deaths for leading causes of death. Heart disease: 614,348. â¢ Cancer: 591,699. â¢ Chronic lower respiratory diseases: 147,101. â¢ Accidents (unintentional injuries): 136,053. â¢ Stroke (cerebrovascular diseases): 133,103. â¢ Alzheimer's disease: 93,541.
Both risk management and quality management strategies must find ways to account for uncertainty. After all, in the quality management space there is no such thing as an absolutely perfect quality product. Handling risk is implicit in the day-to-day tasks of a successful quality management professional.
Companies should tailor their risk management processes to these different risk categories. A rules-based approach is effective for managing preventable risks, whereas strategy risks require a fundamentally different approach based on open and explicit risk discussions. To anticipate and mitigate the impact of major external risks, companies can call on tools such as war-gaming and scenario analysis.