Any worthwhile Standard starts with a set of ‘Principles’. ISO 31000 is no exception. Let’s see if we can tie these Risk Principles into a typical ISO Management System. Value Creation and Protection is at the core of this section of ISO 31000 and gives it relevance to any business. Without ‘structured risk management’ an …
The path to comfort with your risk management plan can be a complicated on one hand and scary on the other. This may help get you started down this path with a plan to work with. Since the 1960s we’ve used Ishikawa’s fishbone diagram to great benefit. The premise here is that all non-conformances have …
When the final version of ISO 9001 arrived, we saw a new phrase, ‘risks and opportunities’ in clause 6.1. We have seen thousands of posts on ‘risk’, I’ve done webinars and videos on the topic and it is always a ‘hot ticket’. But what about the ‘opportunities’ side of the coin. Turns out they go …
ISO Standards, for the most part have moved to ‘Risk-based thinking’ as one of their themes. It makes complete sense to include this as part of the fabric of our organizations in order to reduce the chaos of unexpected events, as least the ones we can control. ISO 31000:2018 has some ideas that will help …
Risk is all around us, all the time! So where does the 10,000 mile journey of ‘risk management’ begin? ISO 31000:2018 has some ideas and can get you started. Managing risk pays many benefits including the enhancement of Organizational Resilience. This includes improved performance from fewer ‘surprises’. This is the first of 4 posts on …
