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If you don't believe this then eliminate risk & compliance functions from your organization and see what This not only eliminates "waste" but also creates added value that results in reduced risk, increased

Replacing spreadsheets with automated tools has some utility but it is not enough to stay ahead of risk

serious attention or consideration applied to doing something correctly or to avoid damage or risk. One could imagine a culture for each value that a company has: a safety culture, a quality culture, a risk

anticipate changes, address root causes, and introduce new capabilities that keep the organization ahead of risk

much discussion these days about the need to create an improved safety culture particularly in high-risk

In my years working across high-risk, highly regulated industries like medical device, pharmaceuticals

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

functions as an offensive force ensuring that organizations are always between the lines and ahead of risk

But the deeper questions about what outcomes we should permit, what risks we're willing to accept—those

While this standard is voluntary it creates an obligation to maintain the practice or risk losing your the expertise and capabilities to equip the business to always stay between the lines and ahead of risk

wrong, and you're stuck with expensive overhead that creates the illusion of protection while actual risks It's designing the program so information and work flows naturally from risk identification through assessment Staying "ahead of risk" means your compliance programs anticipate and shape business conditions rather

developed alongside of changes to standardized accountancy to become a crucial role in governance, risk but are not enough as audit findings are too slow to provide feedback, and are too late to prevent risk an audit every year (or every other year) is far too late to find this out and creates unnecessary risk