It takes several steps for a company to establish the ISO 31000 Enterprise Risk Management System in its business. It is a matter of specialization that these stages are completed properly and it would be appropriate to get a consultancy service to establish this system.
The basis of the studies to be conducted is to conduct risk analyzes and reveal the effects of risks to the firm. However, first of all, before these studies are started, the senior management should believe in the works to be carried out and show their support at every stage of the studies. As a result, this system is also a quality system, and without the top management and the participation of all employees, the work does not provide the expected benefit.
From this perspective Enterprise Risk Management System, the scope of this study and what is expected should be announced by the top management and a Corporate Risk Management policy should be prepared and published for the company. Risk management policy describes the firm's expectations and objectives in risk management and is an expression of senior management. In a sense, policy shows the firm's risk attitude. The goal is to calculate, evaluate, address and deal with risk. Risk management is all of the coordinated activities carried out under the management and control of the firm.
The risk management plan shows the approach to managing risk, components of risk, and resources. ISO 31000 standardsrequires the establishment of a risk management plan for the studies to be carried out after the risks are identified and their effects are identified. In this plan, it will include a series of activities such as determining risk management processes, preparing implementation instructions, clarifying duties and responsibilities, and updating the job descriptions of employees in parallel.
After the system is established with the works to be carried out within the framework of this plan, it is very important to apply this system and to continue the necessary corrective and preventive works. On the one hand, it is always necessary to make improvements to the system in order to see whether the assumptions adopted during the installation of the system are still valid, and to determine whether there are new risks to the emerging conditions.
TURCERT certification is one of the organizations that provide consultancy services to establish ISO 31000 Enterprise Risk Management System. For more information on what to do to set up this system, or even to set up an Enterprise Risk Management System, you can contact the experienced managers and employees of the TURCERT certification body.