Risk management doesn’t stop once you’ve identified and mitigated risks. In fact, it’s only the beginning. If you’re still managing risk like a “set it and forget it” routine, it’s time for a wake-up call. Risk monitoring and review in 2025 is like running a marathon with a GPS tracker—you need to constantly check your…
Risk Identification and mitigation isn’t about crossing your fingers and hoping for the best. It’s about smart, calculated moves to safeguard your business against the unpredictable. If you’re still relying on old-school risk strategies, it’s like trying to use a paper map in the age of GPS. Let’s face it, 2025 needs a smarter approach,…
Risk Identification in 2025 isn’t just about reacting to problems – it’s about spotting them before they even make an appearance. Think of it like being a detective in a thriller: you’re the one who sees the plot twists coming. But instead of magnifying glasses and trench coats, you’re armed with modern tools to identify…
2025 is here, and ISO 31000 so is a fresh wave of risk management trends that you simply can’t afford to ignore. Still relying on outdated strategies? It’s like trying to run a marathon in flip-flops – sure, you might make it, but it’s not going to be pretty. Enter ISO 31000, the international standard…
In today’s volatile business landscape, companies face a host of risks—from financial instability and cyber threats to environmental hazards and supply chain disruptions. Effective risk management can help organizations not only survive but thrive by providing a structured way to address uncertainties. ISO 31000, an internationally recognized risk management standard, offers a robust framework to…
ISO 9001 Risk Management is a process used by organizations to identify, assess, and manage risks that may impact their ability to meet customer requirements and comply with relevant regulations. ISO 9001 is a standard for quality management systems, and one of the requirements of the standard is that organizations must identify and address risks…
Quality Management Systems are the core of any business, but they might not be as popular as they should be. Managing QMS is one of the most important aspects of business. Quality Management Systems, better known as ISO 9001 QMS, are a great way to safeguard your company’s future and ensure you are incorporating all…
Implementing ISO 31000:2018 Risk Management As pandemics, natural disasters, and cybercrime continue to impact our world, what’s certain is that nothing is certain. Being agile and prepared for any kind of disruption, therefore, is an essential business activity. ISO’s flagship standard for risk management, ISO 31000, is the world’s “go to” standard to support this,…
Managing Risk in Innovation and Product Development New guidance from the UK’s Engineering Council describes the role of professional engineers and technicians, including quality management professionals, in dealing with risk. Here, we speak to Estelle Clark CQP FCQI FRSA about the guidance, including the concept of ‘risk appetite’. In a world where safety is and…
ISO 9001 Risk Management and Cybersecurity Andrew Nichols, Quality Programme Manager at Michigan Manufacturing Technology Center, argues that data breaches can be disastrous for small and medium-sized enterprises (SMEs). It’s time for quality managers to look at how their management systems can help protect their business. Cybersecurity breaches often make the news headlines, especially as large organisations tend to be the main victims – BA, Equifax, Marriott…
