Ioannis Tsiouras The Risk Management According To The Standard Iso 31000

The organizations, of any type and size, conducting their activities are faced to uncertainties, due, mainly, to the factors and influences that reside in the external as well as in the internal context. The uncertainties, therefore, are sources of risks, which have an effect on the achievement of the objectives and the impact could be significant to the business. The organizations to deal with this situation try in any case to manage the risks by implementing approaches more or less known, sometimes in effective manner and sometimes not and often they rely on the technological solutions. To address risks in systematic, effective and efficient manner, the International Organization for Standardization (ISO) has issued a set of standards for the risk. Among them, the main standard for the risk management is the ISO 31000. The ISO 31000 Risk Management - Principles and guidelines is applicable to all types of organizations and to any size and type of goods. The ISO 31000 as a guideline provides a framework for risk management giving quick instructions without examining in detail the concepts and without providing operational support for the effective implementation of methodology proposed. With a wide and significant lived experience in this field, the author proposes to managers, security managers and all those who want or are forced to make decisions in the presence of uncertainty, a practical method for risk management, also through practical case study. The author does not limit to generic interpretations, but develops approaches in detail through matrices and calculations of real risks and refers to case studies bringing examples in order to guide those involved in managing any form of risk in a systematic, transparent and credible and in any scope and context. The book provides an introduction to risk management, to risk governance and to the risk management process; provides an introduction on the concept of risk, risk factors, the level of risk and correlation between the elements involved in risk analysis. It illustrates also the importance of risk management in decision-making, the awareness to the risk management and the benefits that may obtained from risk management. The author has paid special attention to the process of developing risk management flow and detailing all activities: establishing the context and the scope, risk assessment (identification, analysis and risk assessment), treatment plan with countermeasures to implement in order to reduce the risks, calculation of the residual risks, acceptance of the residual risks proposed, implementation of the countermeasures and monitoring and review. The risk management process here developed is supported by a practical case study example useful to learn and to apply the methodology in all the contexts of the life of the organizations, but also in the activities of life.

What is ISO 31000: Enterprise Risk Management? International Organization for Standardization (ISO) developed ISO 31000 as its risk management guideline for its management system standards. More than 60 countries have adopted ISO 31000 as their national risk management standard. ISO 31000: Enterprise Risk Management is the first book to address: ISO Enterprise Risk Management, risk based, problem solving, risk based, decision making, Risk Based Thinking, and governance, risk, and compliance requirements. Everyone who is certified to ISO 9001:2015 needs to read this book to understand and implement Risk Based Thinking in ISO 9001:2015 and newer ISO standards. What This Book Can Do for You? · Describes how you can architect, design, deploy and assure risk controls that are appropriate to your organization’s context and risk appetite? · Supports executive management with operational governance, risk management, and compliance (GRC). · Identifies emerging and current risks so plans can be developed to control, manage, and mitigate risks. · Identifies emerging and current opportunities so appropriate investments can be pursued. · Increases the probability of success in achieving the organization’s strategic plan and mission critical objectives · Explains key risk concepts such as RBT, risk management assessment, risk management, VUCA, risk context, Risk Maturity, etc. · Explains and gives examples of ISO 31000 risk management principles and risk management framework. · Explains in detail ISO 31000, ISO 31010, and other key risk standards. · Provides an example of an ISO 31000 risk management process that you can design and deploy in your organization based on context and maturity. · Determines clear accountability, ownership, and responsibility of risk throughout the organization. · Supports leaning, simplification, and innovation strategies to ensure optimized use of resources.

Risk assessment, Management, Risk analysis, Organizations, Enterprises, Personnel, Commerce, Management operations, Management accounting, Management techniques, Planning, Data analysis, Communication processes, Organization study, Security, Safety

Risk analysis, Management, Risk assessment, Management techniques, Management operations, Planning, Data analysis, Communication processes, Organization study, Organizations, Enterprises, Security, Safety

ISO 31000: Enterprise Risk Management is the first book to address 1. Risk based, problem solving (RB - PS) and 2. Risk based, decision making (RB -DM), which are the basis for ISO Risk Based Thinking.ISO 31000 RB - PS and RB - DM are the basis for all risk management and are discussed throughout the book.ISO 31000 ERM is a game changer book. Why?* ERM enables executive management to identify and prioritize strategic goals and strategic risks. * ERM promotes a risk aware culture that identifies investment (upside risk) opportunities.* ERM provides the organization the means to align risk strategy, processes, technology, people, and knowledge for the purpose of identify-ing, assessing, and managing uncertainties in the execution of its risk vision and mission critical objectives.* ERM allows for a consistent, repeatable, and scalable approach across the organization and into the supply chain. * ERM enables the organization to more effectively and efficiently man-age enterprise risks. * ERM enables executive management to consider tradeoffs between risks, pursue opportunities (upside risk), determine associated costs, and balance value creation across the enterprise.* ERM processes provide actionable steps for the organization to make its ISO 31000 risk management process more capable and mature. * ERM enables risk owners to identify and assess risks and evaluate their impact on the organization's ability to achieve its mission critical objectives.* ERM develops and implements an effective ISO 31000 risk management framework and risk management process across the enterprise to enhance stakeholder value.* ERM involves architecting, designing, implementing, and assuring policies, processes, capabilities, and responsibilities to identify key risks and effectively treat the risks within the organization's risk appetite.

Risk analysis, Management, Risk assessment, Management techniques, Management operations, Planning, Data analysis, Communication processes, Organization study, Organizations, Enterprises, Security, Safety Quality and Management