Risk Management

The Paradigm 3 Risk Management methodology provides a solution for measuring and assessing risk by allowing calculated fields with association formulas to be placed within any record in the Resources Cabinet or Improvement Generator. This outstanding capability allows companies to assess risk on an incident-by-incident basis, whether it is quality, safety, environmental, or general business.

Not only does this powerful module calculate the risk of an occurrence, it also automatically sends notifications to authorized personnel of calculated risks that have reached a pre-determined benchmark. This ensures immediate response to critical issues.

Paradigm 3 Risk Management is a tailored solution that identifies measures and assesses risks. As a result, it effectively ensures risks are mitigated in a controlled and efficient manner.

The Paradigm 3 Risk Management module offers the following features and benefits:

Automated workflows from identification of a problem through root cause, action planned and taken

Paradigm 3 ensures all Corrective actions are logged in a clear and comprehensive fashion. Utilizing dropdowns were possible allows standardized words and phrases to be utilized at all critical points greatly enhancing the ability to analyses the data collected.

Defined investigative workflows

Our flexible workflows notify responsible personnel at each step of the issue’s investigation and resolution via our assigned action item system. To ensure tasks are completed on time our software also provides the ability for you to escalate items should they not be completed within the pre-determined timeframes enabling transparent accountability throughout the process.

Searching capabilities

Paradigm 3 provides extensive searching capabilities not only searching by title or field but also the ability to do layered searches that involve multiple fields giving you quick and concise results that pinpoint the records you specifically need.

Automatic distribution of Action Item notifications to the responsible parties

Action items are delivered both within the system and also via email in a concise list delivered daily to the person’s inbox of all action items throughout the system that’s assigned to you. This list is in date order and clearly identifies any that are overdue.

Comprehensive reporting of data

Our software provides the ability to rapidly analyse data utilizing our flexible analysis tool integrated into this module. We also provide the ability to export data into other formats such as excel for further analysis.

Scheduled follow-up notifications to ensure ongoing improvement of processes

We address one of the enduring problems of corrective action which is to ensure all agreed actions are kept in place after the investigation and implementation phase has ended. Our notification system can be easily set to notify assigned personnel at any period following the closing of a investigations to review actions to ensure they are still in place and have effectively solved the issue.