Is ISO 31000 Certifiable?

As of today, no international accreditation of the ISO 31000 standard exists. This standard was not created with the intention of being certified; the framework was developed for organizations to incorporate the elements of it as needed. The issue of whether ISO 31000...

What is Enterprise Risk Management?

Managing risk efficiently is essential in any thriving organization, and it must be done continually. Enterprise risk management, or ERM, is a process that helps an organization assess and deal with potential risks as well as identify opportunities to be taken.  The...

ISO 31000 Principles of Risk Management

ISO 31000 is a risk management standard that is built upon 8 principles.  Every part of this system is founded by these principles, from the framework to the processes. The principles of ISO 31000 are based on value creation and protection. The principles are the...

ISO 31000 vs COSO Enterprise Risk Management

ISO 31000 and COSO are two of the world’s leading enterprise risk management standards. Enterprise risk management (ERM) means embedding risk management everywhere in your enterprise. Regardless of which risk management standard you choose: ISO 31000, COSO, a...

What Is ISO 31000 and Why Is It Important?

What is ISO 31000 Risk Management To answer what ISO 31000 specifically is let’s first define risk management. Risk management can, in simple terms, be defined as managing uncertainty. Every day, in both our personal and professional lives we manage risk. We...

Changing the Clock, Covid-19 and Risk Management

Most of us take the bi-annual ritual of changing-the-clock in stride. After all, whether you’re springing forward or falling back, there is only an adjustment of one hour[1]. Much research exists which indicates that worker safety can be seriously impacted by this...