The Intelligence Of The Organization

The Intelligence Of The Organization 

"The intelligence organization" refers to the organization's ability to assess risks to the environment, as well as to draw the resources already existing within the organization to better analyze and respond to risks. Problems arise when organizations are accustomed to using tools to respond to the risk.

Consequently, the orientation, the tools fail, or are less successful than they could be.

Hotlines as an example. Although the hotline does not prevent the risks they are valuable tools because they help reduce the duration and amount of losses caused by risks.

Good hotlines reduce the harm can be done when people stray. Because a hotline has this power, it is important that the hotline is not only popular but also effective.

Since the zero tolerance policy, this means that a company must provide the necessary resources to review reports, or workers will not take it seriously hotline. Similarly, those working on the lines must be sensitive, capable of recording information accurately and actively seek information without scaring the caller.

A company can help a worker hotline clear guidelines on what information and data requested by the company. A company must also test your direct line of each quarter and at different times of day.

After testing the phone line, check how quickly the call was reported and the accuracy of the information provided to the hotline are recorded. Continuously to be effective, must be integrated with other aspects of risk management system.

Other risk management tools include internal and external audit. The role that the games internal audits should be specifically identified and managed.

In assessing how the company wants internal audit function as a system of risk management, companies can determine the appropriate amount of personnel and training to fulfill this role. External audits may be deemed necessary by the company or regulatory policies.

Although external controls may be used as a valuable time and financial resources, but they are also a useful tool. External audits provide an external perspective that can help identify risk areas, which are ignored or hidden in some time.

Sales staff and the exit interviews are often an untapped resource that can be used for risk management. Because the sales force is out working in the market, are more aware of what's happening in the market.

This information can help companies be more competitive and to avoid surprises. By adding risk-based questions for exit interviews, the company provides the person giving the ability to shed more light on what happens to the frontlines.

These issues should not be threatening or custody. These questions are important because, given the opportunity, and some people may choose to share information that is valuable.

More often than not, a company must be able to prevent risks. The following is a summary of the contributing factors that are easily avoided, but often overlooked:

The business models that can be misinterpreted, or are obsolete Hasty reduction in the control mechanisms

Useless or misleading data

No new issues unrealistic good

False sense of security

Do not act like people to act

Intelligence organization is not used to its potential

Do not rely on history alone to run a business in the future. While the detection of trends and patterns is valuable, risk assessment, a company must balance to look to the past and the future to determine appropriate action.

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Posted in: Risk Management