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239 results found for "Uncertainty"
- The Stochastic Wrench: How AI Disrupts Our Deterministic World
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
- Golden Thread of Assurance for Compliance
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
- Compliance is Probabilistic
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
- Remove Roadblocks Not Guardrails
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
- Five Principles of Compliance Program Success
Estimate and handle uncertainty. What impediments or opportunities will we encounter? What is the nature of uncertainty (aleatory, epistemic, ontological, etc.)
- A Cure For Compliance Blindness
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.
- Operational Rings of Power
their GRC, ESG, Quality, Security, Regulatory, Ethics, and compliance investments, even when facing uncertainty
- Demo-first Approach to Selecting Compliance Software
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
- Why GRC Should be GRE
probability of success by governing, regulating, and ensuring the ends and the means in the presence of uncertainty
- 5 Ways Risk Management Has Changed
ISO 31000 changed this focus to " the effects of uncertainty on objectives ." consideration of probabilities, however, it does move the analysis more on how objectives will be effected by uncertainty The latter is what we call the, The Reactive Uncertainty Trap™. If you are an ethical, ambitious company and want to avoid, The Reactive Uncertainty Trap™ consider joining The Proactive Certainty Program™
- 𝗛𝗼𝘄 𝗪𝗲 𝗙𝗿𝗮𝗺𝗲 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗪𝗶𝗹𝗹 𝗗𝗲𝘁𝗲𝗿𝗺𝗶𝗻𝗲 𝗪𝗵𝗮𝘁 𝗜𝘀 𝗕𝘂𝗶𝗹𝘁
𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝘃𝗲𝗿𝘀𝘂𝘀 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗻𝗴 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 A hazard is a source of uncertainty Evaluating uncertainty is different work: margin, reversibility, containment, and people close enough
- Irresponsible AI Adoption in Safety-Critical Sectors
A decision to proceed in the presence of uncertainty where there is the possibility of harm is an ethical












