In the competitive business world, where companies strive to stay ahead in a complex and unstable environment, risks are a constant adversary that cannot be ignored. Risks can lead to significant financial losses and even bankruptcy. To avoid these risks, organizations need to know how to manage them effectively.
DevPro Consulting and Business Development assists organizations in implementing the ISO 31000:2018 standard, a comprehensive risk management framework based on a set of principles and scientific methods. The standard focuses on an integrated approach to risk management, encompassing all levels of the organization and all dimensions of risk.
The main stages of risk management according to the ISO 31000:2018 standard include:
- Risk Identification: Identifying all risks that the organization may face.
- Risk Assessment: Assessing the likelihood of risks occurring and their potential impact.
- Risk Treatment: Taking the necessary actions to reduce or eliminate risks.
- Monitoring the Risk Management System: Continuously reviewing the risk management system to ensure its effectiveness.
To manage risks, DevPro offers a range of services, including:
- Assessing the organization’s current risks.
- Developing a risk management framework aligned with the ISO 31000:2018 standard.
- Providing technical support to the organization in implementing the risk management framework.
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