Effective Risk Management

Many companies have some type of risk management program in place, but many still do not. For those that do, the efficiency of the program is often challenging especially when it comes to one key driver of risk: regulations and standards. The more complex the business – legal jurisdictions, number of employees, number of departments, number of sites, number of lines of business, etc. – the more this challenge is exacerbated.

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How to Achieve Operational Excellence in a Highly Regulated Oil and Gas Industry?

Higher efficiency is a goal for companies operating in the oil and gas industry. As facilities grow more complex, so does regulatory demands and the pressure to capture return on investments increases and the need to achieve excellence grows. Achieving operational excellence is more important now that than it has ever been before due to a highly complex, changing business…

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Why Learning Management System is Important?

In today’s complex world, increasing compliance, regulation, and record keeping is turning more and more companies towards Learning Management Systems as a solution to save money and ensure accurate records are kept. Learning Management System offers organizations and individuals a huge opportunity to make learning easier and more compelling while lowering costs. Today’s learning management software is typically a cloud-based platform that provides administrative capabilities and a framework for delivering courses in web browser…

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How to Comply with Increasing Regulations in the Oil and Gas Industry?

The oil and gas industry now faces mounting regulatory pressures. New standards, highly publicized spill incidents, public debates on drilling practices and the general sentiment that oil and gas companies contribute greatly to environmental issues around the globe are causing the industry to contend with some of the strictest regulations in the world. Organizations are faced with the challenge of effectively managing their OSHA, BSEE,…

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Why Automate and Integrate Enterprise Risk and Compliance Management?

When it comes to Enterprise Risk and Compliance Management, there are multiple tasks and systems to manage that lend themselves to human error if not handled with immaculate care and immeasurable attention every, single day. For a business to achieve success, it needs to have everything from regulatory change management, risk management, audit management, vendor management, compliance automation, performance management, document management, a reliable training system, all the way to connection with compliance experts….

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