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Business Risk Assurance through Effective 2015 version of ISO 9001

Business Risk Assurance Standard - ISO 9001:2015 - New ISO Standard enables Business Process Improvements through Risk Assurance.
ISO 9001:2015 enables Risk Based thinking in the processes, which means, identification of Risk and Opportunities in Business Processes and apply tools to mitigate and control so as to provide assurance to Client and Stakeholders.
Process Approach has been strengthen to incorporate Risk Based thinking. This requires processes to build associated risks along with other process components such as Man, Material, Machine, Method and now plus 'Risk'.
Risk is perceived threat - actual or potential threat and when it is incorporated into the process approach, this minimizes the process failure and strengthen the process delivery.
This inbuild system of process approach with Risk and Opportunity enables organizations to improve and deliver products and services consistently.

Written By: Mukesh Singhal Mukesh Singhal, Dated: 27/12/2015 Source: URS Media , Mail to Friend

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