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However, we know that programs that support: quality, safety, risk, regulatory, environmental, and other

technology, culture, etc.) by the organization to achieve the desired outcomes Identify and evaluate risks (both threats and opportunities) for each obligation Embed obligations, controls, and risk treatment a company's compliance obligations: (1) management systems such as: quality, safety, environmental, risk LEAN, process maturity, risk-based thinking, etc.) For them, the result will be: increased risk, loss of trust from their stakeholders, and for some, loss

A key role of compliance is to drive down risk which as we know has effects that may be delayed or mitigated Therefore, instead of margin, it might be more useful to consider the level of risk as the measure to understanding of the following: Cost of compliance and non-compliance How and to what degree compliance affects risk aligned with competitive advantages can then be applied to improve both margin as well drive down overall risk regulated marketplace, tools like VCA can also be used to create a compliance advantage to decrease overall risk

effectiveness requires application of strategies that are more proactive in nature that consider: outcomes, risks

When it comes to risk and compliance programs a good place to start is by having clear and concise compliance

Audits, obligation registers, controls, risk measures, training; none of these by themselves is enough

In the book entitled, "Guidelines for Risk Based Process Safety" published by the Center for Chemical towards the use of systems so that overall outcomes can be achieved and risks can be managed. Why This Matters – It's all about risk A systems-based approach allows companies to take advantage of A systems-based program provides the means to achieve outcomes and contend with risk. It is necessary to look across all programs to effectively manage risk.

If you don't believe this then eliminate risk & compliance functions from your organization and see what This not only eliminates "waste" but also creates added value that results in reduced risk, increased

We can feel assurance (confidence and certainty) rather than anxiety (unease and worry).

something. serious attention or consideration applied to doing something correctly or to avoid damage or risk One could imagine a culture for each value that a company has: a safety culture, a quality culture, a risk

critical defeat should include: What is being defeated The reason the defeat is being applied What risks by the defeat What alternate protection is available What precautions are required to mitigate the risks it needed to authorize the defeat As with Management of Change, a process approach helps to reduce risk Short cuts done here expose workers and the organization to unnecessary and avoidable risk. What steps can be taken to improve how risks are identified, mitigated and managed?

help organizations ensure that outcomes are achieved through proper governance and the management of uncertainty