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Are your systems operational and capable to meet all your performance and outcome-based obligations this

A principle that is easily forgotten is that to change outcomes you need to change your capabilities. However, capabilities are needed for every endeavor that requires an outcome to be achieved and even practice of this principle is essential for meeting objectives associated with regulatory performance and outcome based obligations. capabilities driven business canvas will help you focus your attention on what matters most when improving outcomes

With todays performance and outcome-based regulatory designs, organizations must now identify and determine Since API RP 1173 is a recommended practice (i.e. not mandatory) and uses a performance-based approach along with possible vulnerabilities or gaps in system capabilities: Summary To meet performance and outcome-based system the design step requires knowledge and skills in system design, cybernetic controls, and risk-based These are not only needed for adopting API RP 1173 but for all performance and outcome-based regulations

environmental obligations from the perspective of their compliance approach and the shift from rules and audit-based regimes to performance and risk-based strategies. These tend to be voluntary and more performance and outcome-based. In the case of local governments they will have obligations from the previous two categories along with In recent years internal obligations have approached parity and in some cases exceeded external obligations

Environment as an Assumption Based upon principles of quality-first our organization aims to achieve Environment as a Constraint Based upon principles of quality-first our organization aims to achieve customer Environment as an Outcome Based upon principles of quality-first our organization aims to achieve customer satisfaction, job security, company prosperity, and better environmental outcomes. Environment as a Principle Based upon principles of environment-first our organization aims to achieve

Over the last decade regulators have started to modernize their programs to become more risk-based moving towards performance and outcome based designs.

A feed-forward process anticipates, plans, and then directs underlying systems to advance overall outcomes Establishing management programs are essential when it comes to meeting performance and outcome-based

First and foremost, LLMs create a representation of language based on a training set of data. that can evaluate your organization's existing RAI policies and procedures to generate a gap analysis based They also don't have knowledge of your specific goals, targets, or planned outcomes. Given that many standards consist of a mixture of perscriptive, performance, and outcome-based obligations operational knowledge of compliance functions, behaviours, and interactions necessary to achieve the outcome

Traditional PDCA is an iterative process based on four (sometimes more) stages: Plan: establish objectives Risk-based continuous improvement is a proactive process that helps you anticipate, plan, and act to make certain that outcomes are advanced in the presence of uncertainty. capabilities used with traditional PDCA processes, for example root cause analysis, can also be used with risk-based Risk-based continuous improvement proactively contends with uncertainty and its effects on goal-directed

In this article we compare this approach with a systems-first approach based on the work by Eric Ries Systems-First Approach To support modern regulations designed with performance and outcome-based obligations

Everything happens in the presence of uncertainty so make sure your process plan is a risk-adjusted plan. #riskmanagement

Conclusion and Recommendations Summarize the key points of the business case. Quantify the impact whenever possible to present a compelling case. The estimated cost of non-compliance includes: Potential regulatory fines: $1 million (based on industry Returns: Avoided regulatory fines: $500,000 (annualized) Reduced data breach costs: $750,000 per year (based Based on the positive financial outlook and risk mitigation strategies, we strongly recommend approval