Embedding Risk Management Within The Organization

Whether you are in manufacturing, service industry of healthcare, embedding risk management into daily work is going to be a key challenge. It is often difficult because many risk managers and leaders don't really know how to do this. I am sharing the two key tips that can help you in being very successful in embedding risk management within your organization.

Connect the dots:

This deals with employees understanding and knowing the rules of the games and taking pride in their work as well as being engaged. The organization will be able to connect the dots for its employees when it is open, transparent and willing to share information on key metrics and performance such as Quality, Delivery, Safety, Cost and Morale. Sharing these metrics is the first step. There are many other next steps that should follow. We can help you and your organization in connecting your business Why with your ERM's Why? visit us at www.ermvoernance.com or email us at info@ermgovernance.com

Empower employees to STOP the process:

The second element is when employees notice the potential quality or safety issues they must feel empowered to STOP a process and make their concerns known. This is easier said than done. The organizations that put financial or efficiency performance ahead of quality and safety will inevitably provide incentive for hitting wrong targets at all costs. We help organizations lead Risk huddles. Risk huddles have changed the future and profitability of many of our clients. If your organization is struggling with STOP the Line or Compliance issues, please visit us at www.ermvoernance.com or email us at info@ermgovernance.com

We specialize in Enterprise Risk Management and Risk Governance. We have staff with several decades of experience in the ERM design, implementation, training and audit. Do not hesitate in contacting us for more information.

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