It’s that time of year again, folks.
The time has come around again to step up your game and put in the stops so that nothing gets by! No, I’m not talking about pre-season MLB training (the season’s starting early this year, y’know). It’s time to take another look at your risk-based initiatives—organization-wide—and to see where you can trim the fat, target the most important risks and achieve better and more complete control.
While few have taken on formal Enterprise Risk Management, it’s been our experience that many organizations have undertaken risk management across the organization under smaller, more focused initiatives. Do you perform risk assessments (or evaluations of “what can go wrong”), inventories of existing procedures to meet those challenges, testing and validation, and gap identification in Environmental Health and Safety, anti-money laundering programs, Sarbanes Oxley, payment card industry compliance, anti-bribery initiatives, financial and operational audits and the like? Of course you do!
Consolidate in policyIQ
We have come to know most of you because you are using policyIQ to manage your documentation, employee compliance and oversight over such initiatives. This month, the policyIQ team is going to focus our blog posts and training session on topics of this type. Consolidation of such compliance initiatives in policyIQ will bring your organization ever-closer to the consistency, time and cost savings sought after by everyone who has ever considered, if only for a moment, embarking on enterprise-wide risk management and achievement of a solid internal control environment.
Stay tuned and engaged!
Tell us what to do. What do you want us to work on? Typically, we develop new technological solutions in policyIQ because you asked us to. Send us an email, comment on this post, contact us by carrier pigeon—we don’t care how you communicate with us—we appreciate your suggestions in any form.