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Why measuring corporate culture matters

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Why measure corporate culture to identify compliance & performance risks? Ian Rosam from HPO Risk Solutions explains why

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Why measuring corporate culture matters

  1. 1. Why measure corporate culture to identify compliance & performance risks by Ian Rosam Ianrosam@hporisksolutions.com ©HPO Risk Solutions Ltd
  2. 2. Results show as KPIs tested by audits Reporting past performance ©HPO Risk Solutions Ltd Process / business activity takes place The result of a business activity appears on a backward looking KPI or Audit Report.
  3. 3. Results show as KPIs tested by audits You can’t undo the past ©HPO Risk Solutions Ltd Process takes place By this time its too late By the time poor or risky performance emerges it too late you can’t turn back time only suffer the consequences.
  4. 4. What's really happening i.e. the culture Results show as KPIs tested by audits Why things happen? ©HPO Risk Solutions Ltd Process takes place By this time its too late The reasons for the poor performance are investigated Subsequent investigations always reveal that people’s behaviour / the culture must have existed for the poor performance to emerge in the first place.
  5. 5. What's really happening i.e. the culture Results show as KPIs tested by audits Behaviours are predictive ©HPO Risk Solutions Ltd Process takes place By this time its too late Behaviour is a lead indicator of risk, truly predictive The reasons for the poor performance are investigated Because behaviours are lead and predictive indicators of risk. They are the objective evidence from which risk emerges.
  6. 6. What's really happening i.e. the culture Results show as KPIs tested by audits Looking forwards ©HPO Risk Solutions Ltd Process takes place By this time its too late Behaviour is a lead indicator of risk, truly predictive The reasons for the poor performance are investigated Assess organisational culture and quantify qualitative data to expose where risk to performance and compliance is likely to emerge.
  7. 7. In summary ✓Start understanding the future and not just the past ✓Make the invisible visible ✓Reduce costs ✓Identify compliance & business performance risks Welcome to the future of risk and audit management – try us out for free and we will show you how
  8. 8. ©HPO Risk Solutions Ltd enquiries@hporisksolutions.com Contact details @HpoRisk 0208 123 0077 www.hporisksolutions.com

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