Sharpening oversight through better process, policy, and risk sense
Regulator Policy, Oversight and Process Optimization
Effective and coherent risk management policies and regulatory oversight processes are essential for an agency’s efficient and consistent decision-making, and reinforce public confidence in the performance of their mandate.
How RSI delivers Regulator Policy, Oversight and Process Optimization
RSI helps clients improve the effectiveness and efficiency of their oversight processes, often beginning with a system review that informs the design or modification of more focussed functions. At the system scale, RSI helps clients develop a clear understanding of their risk portfolio, delineating the hazards, and the associated harms and risk controls within their mandate. Classifying and often quantifying the risks for which they are responsible sets the groundwork for operational improvements such as risk assessment, inspection planning and proportionate compliance and enforcement actions.
Why RSI is trusted to deliver
RSI has supported clients across diverse sectors through both system-wide reviews and targeted analyses of oversight and regulatory processes. Our experience includes developing risk assessment guidance for operational staff, evaluating inspection criteria in the transportation sector, reviewing and refining inspection procedures for a major energy regulator, and enhancing risk evaluation frameworks for health product inspections. RSI’s recommendations have frequently included the design of performance metrics and the development of software tools to enable the implementation of optimized oversight functions. Notable past work includes the development of a risk tolerability framework for transportation regulators and the creation of risk-based criteria to support inspectors’ evaluation of non-compliance in health regulation.
