AS/NZS ISO 31000:2009 RISK MANAGEMENT

Safeguard Your Business through a Proven Risk Management Approach

Business Challenge

An organisations success is increasingly being challenged by unforeseen events that are common risks. Health and safety risks, natural hazards and potential environmental and technical dangers that may arise, can all affect a business in a negative way. As our economy changes, it can impact a business in positive and negative ways. The need to manage hazards, minimise risk and improve business activities, products and services, is critical to the sustainability of any business

Solution

A strategic way to manage risk is introduced in ISO 31000:2009. Risk management is increasingly becoming an essential component to any business strategy moving forward. What is AS/NZS ISO 31000:2009? ISO 31000:2009 is an international standard that provides principles and guidelines to assist businesses in understanding how to develop, implement and maintain an effective risk management framework within their organisation. This standard demonstrates a strong commitment to ongoing improvement in reaching organisation objectives.

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FAQ - Frequently Asked Questions

  • Does AS/NZS ISO 31000:2009 apply to all industries?

    AS/NZS ISO 31000:2009 is applicable to all organisations from all business sectors. The standard can be adopted by any public, private or community enterprise, group, association or individual.

  • Why should my organisation implement AS/NZS ISO 31000:2009?

    Risk management is crucial because every procedure or project of any size carries some level of risk regardless of how much planning has gone into it. Risk management focuses on managing the outcome of future events and how to deal with the uncertainties. Managing risk allows an organisation to plan and handle these uncertainties to ensure positive outcomes. AS/NZS ISO 31000:2009 is an important discipline that can be applied to a wide range of an organisations procedures and projects. Risk management can provide valuable insight into how to plan for risk, how to analyse risk and how to develop, implement and monitor plans to address these risks. Managing risk will assist companies in managing the success of their outcomes.

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