Biggest hurdles in contemporary Risk Management?

Geneva, 22. december 2009. Finally just in time for the end of 2009, the newest standard in Risk Management, ISO 31000:2009 has just been released. ISO 31000 helps organizations drafting a much better and comprehensive risk management. The familiarity of this standard with its Australian/New Zealand counterpart, the widely known AS/NZS 4360:2004 is evident. ISO 31000:2009 is an heterogenous standard which can be applied throughout the life of an organization, and to a wide range of activities, including strategies and decisions, operations, processes, functions, projects, products, services and assets. Nevertheless the biggest hurdles in risk management do not usually come from a misunderstanding of concepts, but from a difficulty translating those concepts into practical tools and processes. How should we measure risk based on available information? What forms and reports do other organisations use? These questions have been widely researched by MinimaRisk, and it is for that we came up with our Risk Management solution. The only possible answer for an easy to use instrument, made to turn risks into operational opportunities.

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