What is ISO 31000 Risk Management?

ISO 31000 guides for management systems that include the planning to be made to determine, evaluate, rate and reduce the risks that may arise / may occur in the activities of the enterprises and the areas in which they operate, with a systematic and logical method. With corporate risk management, organizations identify possible risks in all their processes and prepare action plans according to risks. With risk identification and assessment, institutions find the opportunity to better see the scenario they may encounter in the future, and prevent possible damages by preparing precaution plans.

Risk analysis is important for institutions to make their assets sustainable. There is no utopian world where every process proceeds as planned. For this reason, it is the most basic requirement for sustainability for every business to identify negative situations, business or external threats that may arise in the future, and to prepare precaution plans by performing risk analysis.

What are the benefits of ISO 31000?

  • It ensures that the institution is prepared before the negative situations encounter.
  • It reduces possible losses by minimizing risks.
  • It creates a reliable basis for decision-making and planning studies in production, development and related areas.
  • It gives confidence to the stakeholders and customers of the institution for continuity.
  • It increases the self-confidence of the institution in national and international markets.