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They have a gap in their perception of what's happening at the leading edge of any field. is—not what should be. ⚡️ Breaking Free From Out-dated Approaches To get past this limitation, I've learned We need the past to learn, but we can't let it trap us there.

At today's monthly "Elevate Compliance Webinar" participants learned strategies and methods for effectively Different: AI presents unique risks because of its ability to operate with minimal human oversight, learn AI's rapid evolution means that many organizations are unprepared to govern it effectively, leading to

Modern risk management entails learning to navigate this uncertainty rather than trying to eliminate Epistemic uncertainties can be addressed through research, analysis, and learning. Uncertainty: Irreducible and Reducible Risks Uncertainty can manifest in both positive and negative ways, leading Emerging Risk : Complex systems and organizations are inherently dynamic, leading to uncertainties that It's time to rewrite the playbook of risk management and learn what it means to improve the probability

Machine Learning : AI-enabled DSS can use machine learning algorithms to improve the accuracy of its The AI algorithms analyze data, learn from patterns, and generate decisions based on this analysis. This means that decision-makers can customize the system to address their unique needs. This means that they may not be effective for more complex decision-making processes. If the data used is flawed or incomplete, it can lead to inaccurate or biased results.

This builds customer trust and loyalty, leading to a competitive edge. Learning and Proactive Culture: Foster open communication and encourage your organization to learn from Building Compliance as Competitive Advantage By embracing these principles, you cultivate a proactive, learning

However, the pursuit of operational excellence can end up becoming a means to itself. LEAN talks about this in terms of having respect for people.

I just attended a webinar from a leading GRC vendor promoting continuous risk assessment for AI. Managed risk,  not just bigger risk management databases And we need all of this to be operational. ⚡  Learning

Rapid introduction of new capabilities can follow a Lean Startup (MVP) approach followed by continuous To learn more on how to build sustainable compliance platforms visit our site at ( www.leancompliance.ca

ChatGPT can be defined as a technology that learns and in a sense designs itself. We feed it data and through reinforcement learning we shape its output, with limited success, to be more In fact, this what it means to be sustainable. S = Sustainability - does this decision lead to meeting the needs of the present without sacrificing

have shown that organizations that pursue compliance certification for its own sake, rather than as a means This can create a false sense of security, leading to complacency and putting the organization at risk This can lead to real improvements in environmental sustainability and create a competitive advantage Organizations must adopt a culture of excellence and commit to learning and adapting to truly achieve Companies that desire to improve their compliance outcomes and chose certification as a means to get

When this information is difficult to find, not available, or out of date this can lead to wrong decisions walking out the door, as an aging workforce retires and the workforce is reduced, companies can no longer lean

This can often lead to an ethical dilemma particularly when making risk-based decisions. Deciding not to effectively contend with uncertainty and yet continuing to pursue the goal ends up leaving Leaving hazards (physical or otherwise) in place is not beneficial to the vision and mission of organization And yet companies, perhaps unknowingly or ill advised, choose to leave hazards in place when they only view compliance through the narrow lens of only doing what is regulated and perhaps only what is enforced