As a responsible owner, you decide to implement measures to address the high-probability risk, hoping

It defines measures necessary to maintain the integrity of an organization and keep it heading towards its goals without crashing – it is a measure of assurance ( i.e. a golden thread). Measures are put in place to prevent risk events from occurring similar to warning indicators and reduce

More than 75% of companies never measure the effectiveness of their risk & compliance programs.

⚡️ How many times have compliance measures been reduced, inadvertently pushing operations to the edge

particular regulation or standard is interpreted, what defines evidence of compliance, and the controls and measures compliance capabilities include: Risk Management Change Management Documentation and Record Keeping Measurement

Acceptance Acceptance of risk means that it is acknowledged without measures to address the risk. This strategy is accomplished by introducing measures to eliminate / prevent the potential threat from For opportunities risk handling introduces exploitive measures to increase the probability of the event However, voluntary obligations tend to be seen as investments and measured against a ROI. The lack of available risk measures may demand choosing a different risk handling strategy. 5.

.”– Hannah Arendt” The gap between making those promises and following through is a measure of our integrity

Integrity is a measure of compliance performance and a leading indicator of effectiveness: Compliance Number of Promises Kept / Number of Promises Made If you want to know how well compliance is working measure

, what resources do we need to achieve those outcomes, what obstacles are in the way, and how do we measure

As such, they will each have their own set of goals, measures and risks.

This is accomplished by measuring outputs and comparing them to a defined standard. are used to meet procedural obligations such as adherence to standard operating procedures, controls, measurements In both cases, processes are established to measure change from conformance or performance standards.

Measured in what we were told AI would deliver. Cancer. Hunger. Not process cycle times.