What does it mean for an organization to "reliably achieve objectives" as part of Principled Performance?
What does it mean for an organization to "reliably achieve objectives" as part of Principled Performance?
A . It means achieving short-term goals regardless of the impact on long-term success.
B . It means having measurable outcomes.
C . It means achieving mission, vision, and balanced objectives thoughtfully, consistently, dependably, and transparently.
D . It means always achieving profitability targets and maximizing shareholder value.
Answer: C
Explanation:
"Reliably achieving objectives" as part of Principled Performance reflects a balanced, ethical, and consistent approach to meeting organizational goals.
Mission, Vision, and Balanced Objectives:
The organization ensures that objectives align with its purpose and long-term aspirations.
Thoughtful and Transparent Execution:
Decision-making processes are deliberate and consider ethical implications, risk management, and stakeholder interests.
Dependable Consistency:
Consistently achieving objectives builds trust with stakeholders and demonstrates resilience.
Why Other Options Are Incorrect:
A: Focusing solely on short-term goals risks long-term sustainability.
B: Measurable outcomes are important but do not capture the broader principles.
D: Profitability is only one aspect of balanced objectives.
Reference: OCEG GRC Capability Model: Defines principled performance as achieving objectives while addressing uncertainty and acting with integrity.
ISO 31000 (Risk Management): Aligns reliability with structured, ethical decision-making.
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