Root Cause Analysis and why firms, regulators and clients will be demanding more.

In a climate of rapidly increasing complexity, integration and regulation the ability to solve complex broad-reaching problems is becoming ever more essential. Lead by regulatory bodies, notably in audit, accounting and banking, Root Cause Analysis has become an essential tool in ensuring quality, integrity and compliance in a rapidly growing number of professions. A further incentive occurred in 2016 when the World Economic Forum published a report highlighting that structured problem solving was now the single most important skill required by leading firms if they are to maintain their positions. Worryingly, they also highlight that it is a skill in very short supply. This presentation will provide an overview of the effectiveness, application and scope of the method.

Learning Objectives.

Discover what Root Cause Analysis is (and isn’t), and how it is best applied.

Consider how the 4th Industrial Revolution is influencing modern Problem Solving

Learn how and why RCA has already been integrated into the Audit, Accounting and Banking Sectors.

Understand how adopting RCA problem solving could benefit Insurance Firms.

Speaker

Jonathan Batchelor

Managing Director - Sologic (EMEA)

sologic-rca.com

Jonathan is responsible for the operational and commercial activity for Sologic’s business across the EMEA region. Overseeing RCA training delivery, software deployment and facilitating investigations for clients in a broad range of commercial enterprises and geographical locations. Before his appointment Jonathan worked in the commercial finance sector in the UK, most noticeably as founding Director of one of the East of England’s largest commercial finance brokers. This was followed by a number of Director level positions focusing on training and development in the Oil & Gas and Renewable Energy sectors.