THE STANDARD
The Standard simplifies its processes and drives effective governance When it comes to the simplification of its processes , Henney explains that The Standard leverages a methodology called ‘ lean management system ’.
She says : “ Lean at The Standard is a set of tools and behaviours that focus on continuously improving the value we provide to our customers , with an engaged and empowered workforce .”
The Standard ’ s goal is to maximise the performance of its systems or value stream to eliminate waste in the value chain . “ Asking ‘ why ’ each step is required , it serves as a baseline for simplification opportunities ,” adds Henney .
Choosing a third-party risk governance approach , The Standard uses subject matter experts from across the enterprise covering multiple risk areas — geopolitical ,
The Standard ’ s annual Volunteer Expo in Portland , Oregon