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383 items found for "dragons-risk-uncertainty"

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  • Taming the Dragon of Uncertainty

    Most threats are a manifestation of uncertainty which is the root cause of risk (ISO 31000). When risk behaves mostly like aleatory uncertainty (random, chaotic, complex): Assume the threat is serious Accept that negative outcomes may happen Treat uncertainty by buying down risk Develop capabilities to working toward taming the dragon of uncertainty. More articles on dragons, uncertainty and risk can be found here

  • Here Be Dragons

    Compliance leaders know that when it comes to risk there is more than one type of dragon to contend with Effective compliance is about handling uncertainty to decrease the probability of non-conformance as

  • Navigating Modern Risk: Embracing Uncertainty as the Key to Success

    Types of Uncertainty: The Root Cause of All Risk Uncertainty is not something to be avoided or eliminated Managing Uncertainty: Irreducible and Reducible Risks Uncertainty can manifest in both positive and negative These can be broadly categorized into irreducible and reducible risks: Irreducible Risks: Some uncertainties Reducible Risks: Other uncertainties can be handled through risk measures and controls. Thriving in the Presence of Uncertainty Risk management is not about eliminating uncertainty but about

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  • The Proactive Certainty Program | Lean Compliance

    THE PROACTIVE CERTAINTY PROGRAM™ Finally Escape the Reactive Uncertainty Trap The Proactive Certainty They are caught in The Reactive Uncertainty Trap™. In this condition, finances are re-allocated to always stay between the lines and ahead of risk creating Transform Your Compliance To escape The Reactive Uncertainty Trap we recommend that you: ​ Take ownership Elevate ORIENT : quickly assess your compliance situation and identify areas of risk and improvement.

  • Why Lean Compliance | Canada

    Compliance is also concerned with this but calls in uncertainty. Variation and uncertainty are really two sides of the same coin. with uncertainty. ISO 31000 defines risk as the effects of uncertainty on objectives. meet all their obligations in the presence of uncertainty. ​

  • The Proactive Certainty Program | Step 1

    THE PROACTIVE CERTAINTY PROGRAM™ Step 1: Orient (FREE) The first step to start improving your compliance involves completing The Proactive Certainty Scorecard™ and free orientation session. This will help you evaluate your current compliance situation and identify areas of risk and improvement The Proactive Certainty Scorecard™ First Name Last Name Email Role or Position Organization Select which risk or compliance program you are evaluating Choose program Describe your reason for conducting this

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