Risk Management Standards

2022 ◽  
pp. 35-38
Author(s):  
Bijan Elahi
Author(s):  
Jovo Lojanica ◽  

All management standards have requirements for different aspects of improvements on the personal level, family level, company level, in business and life. What is about national level and country level? Is it possible for today’s generations to learn history of nations and of civilizations? If it is — ok, let’s apply it on actual time and people to have less problems and difficulties — especially if is actual in field of risk management. Majority of people are occupied by today’s problems. They don’t consider past and future challenges. People from each country strive for better quality, better and cleaner environment, higher safety etc. historically and today. But could we remember: How did Genghis Khan conquer many regions and how was he defeated? How did Mayas and Aztecs die out? How were Native Americans in North America drastically reduced in numbers? How did the Roman Imperium vanish? How was the Ottoman Imperium established and how it vanished? How many people were killed in the wars in XX century, etc? In all these catastrophic changes risks were not considered in an adequate way. Requirements of risk management — Principles and guidelines — ISO 31000:2009 are very consultative. They could be used on country level, national level, regional level, continental and intercontinental level.


2017 ◽  
Vol 28 (4) ◽  
pp. 538-554 ◽  
Author(s):  
Guillermo Foladori

In the absence of government safety regulation in the field of nanotechnology, ISO standards are being used as the basis for establishing technical and management guidelines at an international level. There are more than 50 current ISO standards on nanotechnology. Some of these relate to the working environment and occupational risk management. In Latin America, entities that are members of ISO are enunciating national versions of the international standards. In this article, this context is analysed critically, starting from the Mexican standard on occupational risk management in the working environment. Even though risk management standards may guarantee better and safer working conditions, in the field of nanotechnology, they simultaneously unlock detrimental implications for workers and society. Reliance on such private and voluntary forms of industry self-regulation is identified as a by-product of global neoliberalism.


2012 ◽  
Vol 75 (3) ◽  
pp. 340-361 ◽  
Author(s):  
Paul Fenn ◽  
Alastair Gray ◽  
Neil Rickman ◽  
Oliver Rivero-Arias ◽  
Dev Vencappa

2020 ◽  
Vol 54 (1) ◽  
pp. 59-78
Author(s):  
Flávio Sergio Rezende Nunes de Souza ◽  
Marcus Vinícius de Azevedo Braga ◽  
Armando Santos Moreira da Cunha ◽  
Patrick Del Bosco de Sales

Abstract The issue of risk management has gained attention in the field of administration due to the dissemination of international frameworks. In Brazilian federal public administration, risk management is a recent and expanding practice. This research analyzes how international corporate risk management frameworks have been adopted by the federal government through regulations and guidelines. The study adopts the concepts of coercive, normative, and mimetic forces from the neo-institutional theory, and examines the presence of international norms in the Brazilian regulations. Through a qualitative approach, content analysis in documents, norms, interviews, and seminars was used to identify traits of the COSO ERM and ISO 31000/2009 frameworks, which were chosen based on relevance. Results identify important actors pushing for the use of international frameworks, such as international organizations, professional associations, and public agencies, especially those related to government audits. Despite the strong international influence, the Brazilian norms are adapted to the organizations’ context and allowing the maintenance of national autonomy.


Safety ◽  
2019 ◽  
Vol 5 (4) ◽  
pp. 75
Author(s):  
Garry Marling ◽  
Tim Horberry ◽  
Jill Harris

A fundamental problem with risk management standards and other associated guiding documents is that the definitions and descriptors of the seven elements of the risk management process within these documents are commonly at odds with each other and are difficult to understand. An implication is that personnel within and across organisations interpret the process in different ways. This has led to some companies developing their own interpretations of the elements in their risk/work health and safety (WHS) management systems and thereby exacerbating the problem. A standard set of definitions, terminology and language are vital for addressing WHS issues efficiently and effectively to result in better outcomes. This study aimed to develop a set of plain English interpretations (PEI) for each of the seven elements of the risk management process. These seven elements sit between the scant and technical definitions contained in standards (primary and secondary) and the voluminous guidance in the handbooks and codes of practice. The Delphi-technique was used with 20 risk-experts to evaluate, over two iterations a set of draft PEIs—developed by the researchers. These were finally reviewed for readability and understandability by 24 operators/workers. The implications for these new PEIs is that they could be considered for future standards and guidance documents by the ISO Working Group Risk Management Standard and similar committees and used by organisations for their risk/WHS management systems.


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