ISO Certification in Coimbatore

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ISO Risk management
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The term risk can be defined as those factors
that companies have little to no control of. Risk
can further be described as a situation involving
exposure to danger. The danger is the possibility
of exposing someone or something of value to harm
or loss. This definition also refers to the
result of uncertainty in situations that can be
avoided through pre-emptive action.
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The presence of risk in running a business is not
at the absence of opportunity. Although risks are
often thought of only as hazards, they can
present significant opportunities and
possibilities. Some of these possibilities
include organisational innovation and an increase
in competitive advantages which can lead to short
and long-term profitability.
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ISO 9001 is an international standardised quality
management system that helps organisations to
analyse, control and improve their internal
systems, processes, protocols and policies in
preparation for any potential risks that the
business may face. ISO 9001 encourages and
promotes risk based thinking in six areas,
namely 1. Leadership 2. Context 3. Operation 4.
Planning 5. Performance monitoring 6. Improvement