Strategies for Effective Governance Risk Management
Every Company wants to keeps its People, Environment, Assets and Reputation Safe
Each of these are Assets to a Company, and can be saved as account assets and sub steps
Much like Site Safety Plans in the Case of a Fire, Severe Weather or other actions you take to keep Employees and Customers Safe
The risk of running a business includes meeting the requirements to Operate, like filing with your secretary of state and having a Employer Identification Number and paying your taxes
For businesses that require compliance documentation, Identifying your facilities unique risk and documenting the plan to satisfy regulations, audits, and best practices. Knowing the history of design
Our Customers service Corporations and need enterprise resource planning tools without a Biz-Dev department
Stop Copying and Pasting Parts of Excel Spreadsheets into other living documents like Standard Operating Procedures, like most small business copying the parts, descriptions, price, between excel and their word documents to quote, order confirm, or invoice. The Same practice is done by engineers creating lists of requirements for their designs. This Includes tracking Assets down to Products on Orders, Invoices, and Returns should you warranty products with Serial Numbers.
Engineers Designing Systems use Failure Mode Effect Analysis to reduce risk that a business may face. These Include the Risk of Compliance in the field of operation. The Freedom to Operate is a requirement
Escapes from a design are very similar to Failure Mode Effect Analysis, the escape leads to a failure