Control Framework

A Control Framework is a structured approach organizations use to manage risks and ensure objectives are met effectively and efficiently. It involves establishing clear policies, procedures, and responsibilities to monitor activities and performance. The framework helps identify potential issues early, ensures compliance with laws and regulations, and enhances accountability. By providing guidelines for decision-making and actions, it supports consistent operations and helps organizations achieve their goals while minimizing errors and losses. Essentially, it serves as a blueprint for good management practices, promoting transparency and trust within the organization.