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The mode of operation can be well stated as: Play now, pay later And yes we will all be paying for it

Compliance practitioners need to be adaptable to change, open to learning, and proactive in staying updated By studying how information flows, decision-making processes, and control mechanisms operate, practitioners

Process safety practices have evolved over decades of experience and many lessons learned. case of an incident an emergency response system is used to minimize consequences and to restore safe operations

This does not mean that the pendulum swings over from specialists to having everyone become generalists However, we now need to be open to learn and understand how to work better as a team, in community and In: International Journal of Operations and Production Management, Vol. 36, No. 6, 2016, p. 687-709.

Over the last several years what is traditionally called risk management has undergone significant criticism In business this uncertainty is manifested in the form of institutional or operational risk; the effects In many cases you can calculate the probabilities and the cost of one strategy over another. is a simple one created years ago it is based on observing how risk manifests it self in the world over

Over the years this Precautionary Principle has become a fundamental aspect of many international treaties Precautionary Measures While the application of the Precautionary Principle can be open to interpretation rarely be reduced to zero, but incomplete risk assessments may greatly reduce the range of options open Principle in policy development Integrate the Precautionary Principle with existing policies and programs Operationalize the Precautionary Principle by defining clear and concise operational measures Improve the effectiveness

This is a subtle, but important, distinction that Thaler and Sunstein gloss over, and which underlies the Digital Nudge, Julia Fetherston, https://www.bcg.com/en-ca/publications/2017/people-organization-operations-persuasive-power-digital-nudge.aspx

It should operate more like a Project Management Office (PMO) does in helping projects succeed instead of as a traffic cop waiting to pull you over at the next audit.

"In all cases, operators are intended to have the flexibility to apply this RP as appropriate to their In addition, it allows the means by which they are met to improve and mature over time which is recommended

Compliance you could say was all about meeting all the requirements over and above what was needed to I don’t think this perspective and tension between production and compliance has changed over the years achieve: better quality, better safety, better security, better sustainability, you can call this drive – operational

a higher degree of rigour as the effects may be more immediate and may lead to loss of a license to operate If over the course of the obligation's life-cycle the chosen strategy does not perform as specified improvements

Hoshin Kanri offers a structured approach to operationalize obligations across organizations, providing