ISO 31000 Enterprise Risk Management
ISO 31000 Enterprise Risk Management
ISO 31000 is applicable to all organizations, regardless of type, size, activities and location, and covers all types of risk.
We provide ISO 31000 consulting and implementation support. This includes understanding organization context, enterprise risk mapping, prioritizing risk, risk assessment, risk management options, risk dashboard, control enforcement, policy/documentation support, training, coaching chief risk officers, coaching teams/employees, internal audit and management review.
Key benefits of ISO 31000implementation can be summarized as below:
- Understanding the overall level of risk embedded within organization’s processes and activities.
- It helps organization to recognise and prioritise significant risks and identify the weakest critical controls.
- Reduce the frequency of, and ultimately eliminate risks by educating employees and stakeholders on identified risks
- Improve trust of stakeholders by maintaining transparency and communicating risks
- Foster forward-thinking mentalities by encouraging employees to envision all potential outcomes of a given situation
- Improve company culture by bringing disparate departments together to exchange fresh perspectives, and consider how they might work together more effectively
- Improve success rate in all business operations by focusing on the process, thinking preemptively instead of reactively, and giving employees ownership of their work responsibilities
Our Approach to Successful ERM - ISO 31000 Implementation
Every business is unique, in terms of products, services and processes.We follow the following phases to help you achieve ISO 31000 certification.
ISO 31000 Compliance can be achieved through Seven Phases:
PHASE 1 – Understanding Business and customer requirements
PHASE 2 – Gap Assessment &Enterprise Risk Assessment
PHASE 3 – Design and Documentation
PHASE 4 – Implementation and ISO 31000Training
PHASE 5 –Control Measurement
PHASE 6 – Internal Assessment
PHASE 7 – Management Review and Management Reporting
Call or write to us at :
for proposal / roadmap / information
Training
We provide bespoke training for ISO 31000, listed below are our offerings.
Shorter Sessions from 1 hour to 4 hours
Interpretation of the ISO 31000 requirements
- 1 Day Awareness Session
- 2 Days Internal Audit Course
- 3 Days Implementation Course covering 10+ hands on exercises
Upon receiving your request, we will provide you further details.
Documentation
Toolkit
ISO 31000 requires documentation of policies, procedures and records. As a result of several consulting assignments, we have some of the best content available that covers all the requirements.
Our documentation has the following salient features:
- Alignment with all ISO 31000-documentation requirements
- Our experiences turned into documentation templates
- Email support
- Expert review of a document
- Live one-on-one online consultations with an ISO 31000 expert
Upon receiving your request, we will provide you further details.
Internal
Audit
An independent assessment helps to assess the state of compliance with ISO 31000. Our internal audit methodology includes people, process, technology and measurements to assure and provide management the degree of ISO 31000 compliance.
Typically, 3-5 days is required to perform a comprehensive internal audit.
Upon receiving your request, we will provide you further details.