C3.3 Data Management


There is an old adage that “You cannot monitor what you do not measure”. If you want to improve performance, you need to know where you are so that you can determine appropriate action to get you where you need to be.

When measuring performance, data needs to be gathered through monitoring, and this data has to be analysed and compared to the set objectives and targets to determine the adequacy of the performance. Negative results may mean that company’s controls are not sufficient and that improvements need to be implemented.

The different monitoring techniques will provide a company with information about how well their risks have been identified and controlled. Analysing the risks and their controls, additional measures can be introduced aiming for a situation where all controls are in place with a positive environmental culture.