Today’s businesses need to manage a multitude of risk issues, often on a daily basis. A systematic risk management system can bring earlier attention to the factors threatening operations before damage is done. Businesses should adopt risk management systems to identify threats at an early stage and adopt the appropriate measures to prevent it from happening.
Risk management is the identification, assessment, and prioritisation of risk (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimise, monitor, and control the probability or impact of unfortunate events or to maximise the realisation of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals.
EPI have extensive experience in auditing and certifying a wide range of internationally recognised management systems, including ISO 31000. We can help your business to manage organisation’s risk strategically by understanding the likelihood and impact of diverse risks on your operations, and monitor, manage, and reduce the impact of those risks. Your business could therefore change and manage their risk profile in such a way that it improves resiliency, reduces future claims, and minimises risk costs.
Our experienced team of experts will guide your organisation through the process, from on-site audits to certification. We will help you to identify opportunities and minimise potential risks.