How MIDOM WorksIntegrity Risk Goverance

How MIDOM works – Resetting your approach to Integrity Risk Governance

Your Building Blocks Towards An Exceptional Risk Governance Framework

MIDOM offers a joined up, values-based, top down, strategic solution.
Not a Code of Conduct, a Declaration of Rights, a Social License, a Statement of Community Expectations, a sacrifice of stakeholders.
Execution

Embed performance settings within budgets, business plans and strategy direction.

Systems and Operations

A responsive Integrity Risk Governance Information System.

Policies and processes aligning incentive and reward programs with sustainable performance

The Foundations

Programs and exercises to confirm fulfillment of settings.

Evidencing the values and standards aligning with sustainable performance.

Establishing the key KPIs.

Determining the metrics, records and sources.

Revalidating the enterprise Purpose Policies and processes aligning incentive and reward
programs with sustainable performance.

Show me the incentives and I'll show you the behaviours

Charlie Munger

MIDOM - Your Keys to Success

Rewards and empowers a visionary CEO, energises a high performing business transformation team, introduces an online digital operational risk governance platform and provides an informed line of sight to evidence Enterprise conduct of business is being practiced in line with it’s professed values and standards and long term commercial performance outcomes.
Independence and Transparency

Addresses and counters conflict of interest fissures within an organisation.

Aligned Organisational Structures

Reporting lines , roles and responsibilities reviewed and confirmed annually.

Incentives, Benchmarks, Rewards

Values and Standards included within KPIs and settings, embedded into reward systems, with fulfillment aligned to long-term commercial valuations.

Management Accountability & Buy-In

Senior managers imbued with an authentic sense of ownership and purpose, responding to the performance and reward outcomes.

Embeds APRA’s 10 Dimensions of Risk Culture within Enterprise conduct of business practices

Within the Financial Accountability Regime

Risk Behaviours

Leadership
Decision Making and Challenge
Communication and Escalation
Risk Capabilities
Alignment with Purpose and Values

Risk Architecture

Risk Culture Assessment and Board Oversight
Risk Appetite and Strategy
Risk Governance and Controls
Responsibility and Accountability
Performance Management and Incentives

MIDOM , A New Era for Integrity Risk
Governance

Say Goodbye to Silo Platforms, Ineffective Governance and Impaired Performance And Hello to Exceptional Integrity Risk Governance.

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