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Periscope software for risk management compliance - www.periscopeconsulting.com.au superlite www.risklite.com
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Hawthorn East VIC 3123
Phone: (03) 9882 1896
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Email: info@periscopeconsulting.com.au
The Senior executive establishes the organisational Vision, Mission and Values. From these, strategic objectives are set and it is against these strategic objectives that measurable Key Performance Measures or Indicators are set.
Risks, which can have a positive or negative impact on the achievement of the objectives, cascade down the organisation structure. However, there is recognition that whilst the lower level objectives, must be aligned to the strategic objectives, they will most likely differ because they need to be adapted, according to operational requirements or local conditions.
The introduction to ISO/CD 31000 states:
“Risk management can be applied across many areas, to specific functions and levels of an organization as well as to the entire organization