The Game of Snakes and Ladders Risk as we now understand it is a manifestation of uncertainty which has The presence of uncertainty affects everything. All snakes contribute to the uncertainty of winning the game. of uncertainty on mission objectives. However, there were organizational hazards, uncertainties, and associated risk.

Know how to estimate uncertainty, identify risk, build a risk register, use a bow-tie analysis (or further elaboration for those who want to master risk management: Further development of the role that uncertainty This requires a more thorough discussion on the nature of uncertainty, cause/effect models, and working Worked examples or exercises would be beneficial with respect to developing risk plans, estimating uncertainties

conditions for non-conformance, defects, incidents, injuries, legal violations, misconduct, and business uncertainty New Name   To prioritize this objective, we have renamed our advanced program from: "The Proactive Certainty With greater alignment (a measure of integrity), uncertainty decreases, risk is reduced, waste eliminated

However, there will always be uncertainty when pursuing mission success. ’s better is knowing how to meet obligations and deliver stakeholder commitments in the presence of uncertainty compliance efforts.These are the capabilities necessary for compliance to be successful in the presence of uncertainty These programs (or what we call certainty programs) translate obligations into value chain commitments

We need to learn how to be more comfortable with uncertainty. But better than that, we need to learn how to: improve our probability of success in the presence of uncertainty

assessments into a unified view Update assurance continuously rather than waiting for audit cycles Express uncertainty not in pursuing the unattainable perfect score, but in making informed decisions under acknowledged uncertainty communicate transparently about confidence levels, and create a compliance function that values honesty about uncertainty

eliminated safety stock as “waste,” only to discover it was their crucial buffer against supply chain uncertainties How many times have compliance measures been reduced, inadvertently pushing operations to the edge of uncertainty

Estimate and handle uncertainty. ​What impediments or opportunities will we encounter? What is the nature of uncertainty (aleatory, epistemic, ontological, etc.)

Having a second choice proved to be a significant factor when mitigating the uncertainties experienced This makes them vulnerable to uncertainties that an RFP, LTD, and Pilot steps would have discovered. levels of success, however, the probability of success can still be improved by effectively managing uncertainties purchase the software you will need to deal with the effects of not knowing or what is called, "epistemic uncertainty What actions are needed to address uncertainty in: capabilities, cost, user acceptance. ability to meet

When life is uncertain we are blind to what may lie ahead. Compliance needs to contend first with epistemic uncertainty. Estimating the uncertainty of keeping all your promises (operational risk) associated with each obligation This is a form of aleatory uncertainty which is irreducible.

their GRC, ESG, Quality, Security, Regulatory, Ethics, and compliance investments, even when facing uncertainty

𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝘃𝗲𝗿𝘀𝘂𝘀 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗻𝗴 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 A hazard is a source of uncertainty Evaluating uncertainty is different work: margin, reversibility, containment, and people close enough