How do organizations contend with uncertainty and risk? How do promises help meet obligations?

Identify uncertainties related to the outcomes and capabilities. The evaluation of these uncertainties will help to establish necessary risk measures across the life-cycle management system shall implement effective risk controls as reasonably practicable to address significant uncertainties

Management Systems When it comes to operational risk – the uncertainty of meeting goals and objectives These programs necessitate exploration, innovation, and a capacity to navigate uncertainty. On the other, their role demands a vigilant focus on uncertainty and risk management.

management practices, and compliance activities to ensure strategic objectives are met while navigating uncertainty integrative force that enhances organizational capability to achieve strategic objectives while navigating uncertainty

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

As a consequence, contending with uncertainty remains a first line obligation assigned to those answerable Risk as most now define it, are the effects of uncertainty on objectives. with risk you need clear and concise objectives (lacking ambiguity) and have estimated the level of uncertainty

organizational values with operational objectives Managing preventive and mitigatve measures to contend with uncertainty

The following steps help to make sure that we use our whole brain when contending with uncertainties:

the COVID-19 crisis many organizations will find themselves responding (perhaps reacting) to current uncertainties

dynamics, organizational behaviours, information technologies, accountability frameworks, risk and uncertainty This requires an operational model that is engineered to advance outcomes over time, contends with uncertainty competencies that focus on: Theories related to Regulatory Designs, Promises & Obligations, Cybernetics, Uncertainty

This all happens in the presence of uncertainty and may itself be subject to internal standards and guidelines Estimate and handle uncertainty. ​What impediments or opportunities will we encounter? What is the nature of uncertainty (aleatory, epistemic, ontological, etc.)

Compliance provides a framework for identifying and mitigating the effects of uncertainty, ensuring that