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203 items found for "Uncertainty"
- How Do We Manage Cyber Safety?
What are the effects of uncertainty on safety objectives? What threatens safety? We call this, "irreducible uncertainty." However, there is another kind of uncertainty, "reducible uncertainty", which we can buy down by improving A managed cyber safety program will effectively address both kinds of uncertainty. management processes to ensure safety is achieved, consistently, and that improves over time to address new uncertainties
- ABBA was right about risk, the experts were wrong
They knew that taking a chance means embracing uncertainty and the possibility of both good and bad outcomes risk management looks like: Risk adjusted plans improve the probability of success in the presence of uncertainty
- Should Compliance Manage Obligations or Promises?
compliance which in turn results in a divergence of attention and action creating greater complexity and uncertainty promise-based approach creates the opportunity for actions to converge which reduces complexity and uncertainty These systems are unable to keep up and as result increase the level of uncertainty and corresponding Unmitigated and Preventable Risk Obligation-based systems tend to assume certainty of the conditions In practice, they contend with uncertainty better because they assume that it exists right from the start
- Proceed, but Proceed with Caution
The view that AI is agnostic when it comes to risk, ignores the inherent uncertainties that lie within
- Top Challenges Facing Compliance Officers
While these areas certainly warrant attention, it's important to recognize that uncertainty and risk question isn't how to eliminate all risks, but rather how to best achieve objectives while navigating this uncertainty Compliance officers must justify budgetary needs while considering potential uncertainties.This also approach, including the operationalization of obligations, organizational alignment, contending with uncertainty safeguarding business integrity and ensuring the sustained success of the organization in the face of uncertainty
- Management Systems - Concept of Operations (CONOPS)
To contend with compliance, operational, and technical uncertainty, organizations often adopt management from standard (Conformance Controls) and feed-forward processes to prevent & mitigate the effects of uncertainty Instead, they all must work as-a-whole to provide effective layers of defence against the effects of uncertainty requires an operational rigour commensurate with what is at risk and what is needed to contend with uncertainty
- Compliance: The Art of Staying Onside
This shift involves effectively contending with uncertainty to minimize public harm and maximize mission In this case organizations endeavour to keep uncertainty and its detrimental consequences at bay, ensuring Keeping uncertainty from penetrating lines of defence is also critical to mission success.
- Here Be Dragons
Effective compliance is about handling uncertainty to decrease the probability of non-conformance as
- Anatomy of Compliance Risk
Everything happens in the presence of uncertainty, and this uncertainty creates the opportunity for risk
- How to Make Things More Certain
This provides a sense of certainty and predictability. appears open to possibilities, in a deep sense, anything can happen – a source of potential but also uncertainty This contributes to the uncertainty we experience. According to the Heisenberg Uncertainty Principle, we can’t know with perfect accuracy both the position the measurement is taken knowledge of both the particle’s position and speed are possible but also uncertain
- Isn't Lean Compliance the same as Lean Six Sigma?
Lean Management, Lean Startup, Lean TPS, Engineering, Systems Thinking, Cybernetics, Promise Theory, Uncertainty It is this reason that we created "The Proactive Certainty Program."
- To Address Systemic Risk You Need Systems Thinking
predominate and its effects impacts how management is structured and in turn how companies contend with uncertainty However, these are remnants of a reductionist approach and are limited in identifying and contending with uncertainty impact are systemic in nature and no amount of mole whacking will be enough to keep its effects of uncertainty One way to look at this is that ORM focuses on risk streams (i.e. the propagation of the effects of uncertainty