Organizations have legal, regulatory, financial, and social obligations to identify and control the risks generated by their activities, products, or services. The effectiveness of risk identification and control efforts directly depends on the workforce's competence in implementing and sustaining these controls.
The Problem with Measuring Competence
Competence is not visible or directly measurable. Historically, organizations have used poor proxies for competence, such as:
Years of experience
Professional designations
Training certificates
Confidence in self-presentation
Collective Competence Over Individual Competence
Organizations usually rely on the collective competency of the group rather than on any single individual. Improving the collective competency reduces critical gaps and lowers organizational risk.
CogniSense Solution
CogniSense provides a solution to measure competence. Here's how it works:
Assessment Completion:
Organizational leaders and personnel complete assessments tailored to:Regulated critical risk controls
Regulatory requirements of their jurisdictions
Their specific work environments
The risks they manage in their roles
Aggregated Results:
Individual assessment results are combined to provide:An accurate overview of the group's competence strengths
Identification of weaknesses requiring attention
Benefits
By using CogniSense, companies can:
Demonstrate collective competence to regulators and clients
Identify where to invest resources to improve competence gaps
Avoid the "training everyone" approach
Manage organizational risk in a cost-effective way