RISK MANAGEMENT
Quality means “fitness for purpose”, with a degree of flexibility allowed and even encouraged by regulators (e.g. ICHQ9) as to how compliance can be achieved. Within the Quality Risk Management (QRM) project in 2008, the concept of Quality Risk Management was introduced within the global audit team through interactive training, practical tools and gradual integration of QRM into essential processes. This resulted in a more targeted audit program and more efficient, leaner business processes that still meet requirements. As a side effect, QRM created a common communication platform between quality and business employees, leading to more effective collaboration.