How ISO 9001 helps in risk management
ISO 9001, the international standard for Quality Management Systems (QMS), offers a comprehensive framework that can significantly aid in risk management for organizations. Here’s how it helps: 1. Risk-Based Thinking ISO 9001 emphasizes a proactive approach through risk-based thinking, which involves: Identifying potential risks and opportunities. Integrating risk management into the organization’s processes. Continuously monitoring and reviewing risks to ensure they are managed effectively. 2. Structured Approach to Risk Management The standard provides a structured approach to manage risks, ensuring that: Risks are identified systematically across all areas of the organization. Risks are evaluated based on their potential impact and likelihood. Appropriate actions are taken to mitigate or eliminate risks. 3. Improved Decision Making By emphasizing data-driven decision-making, ISO 9001 certification helps organizations : Base decisions on accurate data and thorough analysis. Reduce un...