RISK-BASED THINKING

Managing Risk vs Risk Management – What’s The Difference?

Context, Context of of the Organization, Improvement, Risk, Risk-based thinking / By

You may have heard these terms used interchangeably – I know I have. I thought I’d take a look into ISO 31000 to see if any light could be shed on this monumental question! It turns out that the answer is in there…here’s the scoop: Managing Risk… Top management is accountable for managing risk. It …

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How Can We Create a ‘Risk Based’ Culture?

10 Building Blocks for a Quality Culture, Improvement, ISO 31000, Risk, Risk-based thinking / By

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 …

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