Operating in the Presence of Uncertainty

Updated: Jan 15, 2019

Effects of Uncertainty on Value Chain

Every business operates in the presence of uncertainty. This uncertainty creates the opportunity for risk.

Compliance programs buy down risk to ensure outcomes are achieved. That is why we have quality, safety, security, environmental and regulatory compliance programs and why they need to move beyond adherence to prescriptive requirements and focus on achievement of outcomes.

#ComplianceInsights #RiskbasedThinking

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