ISO 31000 (International Standard for Risk Management)

ISO 31000 is an international standard that provides guidelines for effective risk management in organizations. It helps businesses identify, assess, and manage risks in a structured way. The goal is to create a risk-aware culture, enabling organizations to make informed decisions, minimize potential negative impacts, and seize opportunities. The standard emphasizes the importance of integrating risk management into all aspects of an organization’s operations, ensuring it aligns with its objectives and strategies. By following ISO 31000, organizations can enhance their resilience and ability to thrive amidst uncertainties.