GRC & Business Optimization
The Challenge
An international oil company sought to improve internal governance and risk management as well as optimize business functions and drive improvement across business processes. With compliance issues and an unnecessarily high OPEX, the executive team asked Interliance for support in planning and executing on a company-wide improvement initiative.
Background
Interliance led the process and organizational transformation with the development of integrated process and management models, holistic GRC systems, and structured continuous improvement program.
How We Helped
Interliance developed an Integrated Management System (IMS) and improvement framework to improve communication and efficiency between the operations team and supporting groups
- Understood the communications issues between Operations and support functions
- Developed an internal communications framework to foster collaboration and reduce frustration
- Developed an external communications framework to improve interactions with regulatory committees
- Developed an Integrated Management System to improve compliance and reduce risk
- Provided IMS training materials for executives
- Led IMS training courses throughout the organization
- Created framework for continuous improvement
- Documented the company-wide suite of processes
- Created an Integrated Process Model to clarify the inputs and outputs of each process, ensure accountability and ownership of each internal product
- Created and continuously optimized a process that governs the interface between internal teams
- Developed a governance process to manage new processes and procedures
- Ensured communication and alignment of key stakeholders for all improvement initiatives
- Provided a way for management to vet initiatives and either approve or reject them, where there previously was no ability to do so
The Impact
OPEX
Employee Turnover
CAPEX
Regulatory Compliance
Employee Satisfaction
Happy Client
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