An in Depth Look Into the Key Components of the ISO 31000 Guideline and Best Practices to Implement and Support a Corporate Risk Management Strategy or Program
ISO 31000 is a standard developed by the International Organizations for Standardization (ISO) which provides a basic guideline and principles for the application of risk management. Companies that use risk management processes vary across industries in scope and magnitude and address a wide variety of challenges.
Why Should You Attend?
Understanding how risk management and the ISO 31000 standard can help companies define, manage, and mitigate risk is critical to corporate success. All organizational processes and decision making can benefit from structured risk management processes and frameworks.
By implementing a systematic, structured, and timely risk management strategy, companies can protect vital assets, branding, and revenues. The ISO 31000 framework enables companies to be transparent and inclusive, while also being able to respond quickly and effectively to risk. Continuous improvement is facilitated by adhering to the standard and incorporating additional enterprise risk management tools and techniques.
Areas Covered:
- An overview of the framework
- Where to consider risk management
- Links to the COSO Model
- What it means to “Establish the Context”
- Mandate and commitment
- Framework design for managing risk
- Continual improvement of the framework
- Implementing risk management practices
- Key definition and main points of risk
- Risk identification
- Risk analysis
- Risk evaluation
- Risk treatments
- Monitoring and reviewing the framework
- Best Practice
Speakers
Ms Kelly Eisenhardt,
Co-Founder and Managing Director ,
BlueCircle Advisors LLCMs. Eisenhardt is Co-Founder and Managing Director at BlueCircle Advisors LLC, a consulting firm that provides strategy and programming to address product compliance risks, sales and revenue protection, and compliance and sustainability practices throughout the supply chain.
With 20 years’ experience in IT and Compliance Software Development, her former roles include: Executive Director of Environmental Programs, at Fair Factories Clearinghouse; Environmental Compliance Manager and Design for Environment programs at EMC Corporation; and Director of Product Management at PTC Corporation for Windchill Product Analytics – an environmental compliance software.
She is a journalist for industry trade publications such as 3BL, JustMeans, Social Earth, CSRwire, Ethical Performance, and CSR@Risk with a focus on trends in product compliance, supply chain transparency, and corporate social responsibility.
In 2015, she traveled with Asia Pulp and Paper to Indonesia and Sumatra to research and write about the company’s zero deforestation efforts and social responsibility programs.
In May 2016, she delivered her paper on “Advancing Product Design with Environmental Compliance,” at the IEEE/ISCPCE conference in Anaheim, California. She is currently on assignment with an IT infrastructure company to build Corporate Social Responsibility (CSR) programs specializing in anti-trafficking compliance, sustainability programming and reporting, and cybersecurity compliance for supply chains.
