Why have a Risk Management System?

The purpose of Risk Management is to:

• Identify possible risks
• Reduce or allocate risks
• Provide a rational basis for better decision making in regards to all risks

Assessing and managing risks is the best weapon you have against major catastrophes. By evaluating your plan for potential problems and developing strategies to address them, you’ll improve your chances of success.

Additionally, continuous risk management will:

• Ensure that high priority risks are aggressively managed and that all risks are cost-effectively managed
• Provide management at all levels with the information required to make informed decisions on issues critical to the business’s success.

What is the ISO standard?

ISO 31000:2009 provides principles and generic guidelines on risk management and can be used by any public, private or community enterprise, association, group or individual. Therefore, it is not specific to any industry or sector.

The standard can be applied throughout the life of an organization, and to a wide range of activities, including strategies and decisions, operations, processes, functions, projects, products, services and assets.

Our Methodology

Our ISO consultants use a unique Business Diagnostic Questionnaire to effectively analyse and identify your business needs, then develop a customised ISO Management System.

This questionnaire is designed to reduce the time ISO Global consultants spend on site.  This significantly reduces the cost of the ISO compliant Management System and allows you to focus on running your business

Our ISO consultant will work closely with you through the entire process to develop the most effective ISO Management System for your business. We listen to your feedback, guide you through the successful introduction of the system in your business, and review the performance of your ISO Management System.