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of obligation; Operational Compliance handles four distinct types that require different approaches Uncertainty : COSO manages risk; Operational Compliance improves probability of success  in uncertain environments

Defects are the effects of uncertainty in the production process or in the design itself that have been We now have a better understanding of the nature of obligations, how to contend with uncertainty, and The place where – uncertainty creates the opportunity for risk.

Regulation: Adjusting and maintaining operations to stay within acceptable boundaries and away from uncertainty

answer was one or more of the following: We don''t believe that risk has changed - the underlying uncertainties

This domain is well understand with vast amounts of knowledge, expertise, and practices to improve the certainty This is a world that is not as well defined, often non-linear, and always in the presence of uncertainty book: The concepts of outcome chains and connections, the emergence loop, and the nature of outcome uncertainty

This uncertainty contributes to the lack of motivation to act which is a significant cause for failing Compliance is not measured by whether you are comply or not but instead is measured by the level of certainty continuous risk management is needed to keep companies operating between the lines in the presence of uncertainty

elevating their standards: This proactive approach prevents businesses from operating too close to uncertainty

Why would you control something uncertain with more uncertainty?

This proactive approach ensures that organizations are well-prepared to navigate uncertainties, minimize

spreadsheet templates Confusion resulting from using different definitions for risk (i.e. hazard, effect, uncertainty

This is implied by ISO 3100 which defines risk as: the effects of uncertainty on objectives.

Operational Compliance system would continuously ask "How do we meet all our obligations in the presence of uncertainty